Selectmen on Tuesday voted unanimously to call for the Jan. 31 public hearing, which will focus on the concept of Middlebury adopting “local option taxes.” Residents would then get a chance on Town Meeting Day to vote for or against a plan to lobby the Legislature for a change in the town charter that [...]
Entries from December 2008
Feedback on New Tax To Build Bridge Bridges
December 29th, 2008 · No Comments
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Highland Park ISD, which rarely builds, weighs taking bond plan to voters
December 29th, 2008 · No Comments
Who wouldn’t assume the public school buildings in the Highland Park district are top-n
JIM MAHONEY/DMN
All the fourth-grade students at University Park Elementary School are taught in portables because of overcrowding. The school district is considering a $75.4 million bond program, which would add classroom space.
This is a district, after all, where the average home is [...]
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The Role Of The Property Tax Consultant In Litigation
December 29th, 2008 · No Comments
In the event that a valuation settlement cannot be reached during the administrative remedy, the property owner and/or manager often ask for recommendations regarding possible litigation from their property tax consultant. Since litigation support is a large practice area in the property tax consultant industry, consultants play various roles. These roles can range from passive [...]
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Taxes Are Reassessed in Housing Slump
December 29th, 2008 · No Comments
Home owners across the nation are looking to county governments to reassess the values of their homes in the face of flattening and falling prices that have befallen scores of markets. Downward assessments, done at the request of homeowners or pre-emotively by government, appear to be most pronounced in areas where the housing market was [...]
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Next year no easier on budget
December 23rd, 2008 · No Comments
The next fiscal year could be just as rough as the current one, based on preliminary figures drawn up by Municipal Administrator Paul Sullivan. Because the town used up its free cash and one-time revenue from the sale of a town-owned property off of Roberts Road to cover deficits in the current year, those revenue [...]
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Market Assessments of Homes
December 23rd, 2008 · No Comments
In response to outcries from Raleigh and Cary homeowners after receiving a home assessment letter from the Wake County Revenue Department, Mike Montpetit of Town & Country Realty will offer free market assessments.
- Many Wake County residents received a shock when they opened their mailbox recently to find a letter from the Wake County Revenue [...]
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Property Tax Consultants ” Adjunctive Roles”
December 23rd, 2008 · No Comments
In the event that a valuation settlement cannot be reached during the administrative remedy, the property owner and/or manager often ask for recommendations regarding possible litigation from their property tax consultant. Since litigation support is a large practice area in the property tax consultant industry, consultants play various roles. These roles can range from passive [...]
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Losses in Casino Tax Revenue equals Increased Property Taxes
December 18th, 2008 · No Comments
The city of Dubuque could raise property taxes for the first time in nearly 15 years in the face of double-digit property assessments and a projected loss in gambling revenues.
Based on budget policy guidelines, recently approved by the City Council, Dubuque homeowners could face a 4 percent hike in property taxes in the 2009 fiscal [...]
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Commercial Real Estate: Commercial Uncertainties
December 18th, 2008 · No Comments
Uncertainty will characterize the 2008 commercial real estate market, according to a recent report by the Urban Land Institute and PricewaterhouseCoopers LLP.
The report, Emerging Trends in Real Estate 2008, anticipates a slowdown in commercial real estate nationally with a healthy correction that will likely bypass long-term investors but penalize speculators and over-leveraged buyers. The ULI [...]
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Property Tax Assesments : Differing Points of View
December 11th, 2008 · No Comments
A billion dollars in new investment. More than $800 million in new local property, sales and schools tax revenue generated over 35 years. Jobs, jobs, jobs – 14,000 in construction and 2,500 permanent.
But it’s not the proposed stadium, with its signature spire and soft canopy, that is being touted as the economic engine. The Rays’ [...]
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