# Property taxes
Michigan warns homeowners to expect highest property tax increase in nearly 30 years
Homeowners will need to dig deeper into their pockets to pay their property taxes this year. The culprit? Inflation, according to the Michigan State Tax Commission. Due to high inflation, Michigan homeowners will face a 5 percent increase in their taxable home values on their 2023 property tax bills. This is the biggest increase since 1995 and is projected to impact the majority of homeowners.
How to Appeal Property Taxes in Massachusetts
Did you get your property tax bill and are astonished at what you are looking at? If so, you are not alone. Many Massachusetts homeowners are finding their property tax bills have increased significantly.
DougCo assessor worries about coming property tax increases
By Mike McKibbin / NewsBreak Denver / March 7, 2023. [DOUGLAS COUNTY, COLO.] — With notices of as much as 40% to 50% increases in personal property values to hit residents in early May, Douglas County Assessor Toby Damisch wants increased security measures in his Castle Rock office to help handle an expected onslaught of appeals.
Tax refund for homeowners: how to get the best part?
An average annual expenditure of $12 904.00 USD is spent by American homeowners on home improvement, maintenance and emergency actions related to their residences. All this without including mortgage payments or property taxes. This was reported by the home services website "Angi".
Save money on your Florida property taxes
With the cost of basically everything on the rise, and inflation higher than anticipated for early 2023, it's important to utilize any opportunities to keep expenses down. Florida promotes homeownership through the Florida Save Our Homes Act. The deadline for applying for savings is looming around the corner on Wednesday, March 1st.
Shongum Lake Project Receives Overwhelming Support from Property Owners, Loan Approval Imminent
Update Regarding Proposed Project at Shongum Lake & Special Assessment. The Shongum Lake Property Owners Association (SLPOA) has received a conditional loan of $5,000,375 from the New Jersey Department of Environmental Protection (NJDEP) for the purpose of dredging certain areas within Shongum Lake.
Californians can get up to $80,000 under the Mortgage Rescue Program
The Mortgage Rescue Program was created as a pandemic relief for two distinct groups of borrowers. The first group consisted of people who were unable to pay their mortgage loans or fell behind in their payments. The second, made up of those who could not pay their property-related taxes.
Morris County Chamber of Commerce Celebrates 102 Years
Morris County Chamber of Commerce Celebrates 102 Years with 400 Attendees, Outstanding Community Leadership Honored. The Morris County Chamber of Commerce (MCCC) celebrated its 102nd anniversary by hosting its annual luncheon at the Hanover Marriott Hotel in Whippany on Wednesday, drawing a crowd of over 400 attendees. The event celebrated the achievements of individuals and businesses from across the county.
Mass. Homeowners Livid Over 135% Property Tax Increase
Hundreds of Massachusetts homeowners are livid due to property tax bills that have increased as much as 135% since last year. A report from Boston's WCVB notes that the town of Lunenburg is facing immense backlash from residents. Per the news network, the massive property tax increase means that many homeowners in the municipality will have to pay thousands of dollars more than they expected to this year.
Chicago Family Faces 440% Property Tax Increase, Possible Bankruptcy
A Chicago family who owns an apartment building has found themselves facing a shocking 440% property tax increase. Michael Markellos, who owns a 10-unit complex with his mother, will now owe $17,494 in property taxes for a one-bedroom apartment for one year.
$47 Million One-Year Tax Holiday to End In Ohio
A Warren County, Ohio property tax holiday that gave residents a break of $47 million over the course of one year is ending. Warren County is among the state's most affluent, with the median income the highest of any of Ohio's 88 counties. Known as "Ohio's Playground," the area is home to Kings Island, Great Wolf Lodge, and other tourist attractions.
IBO Recommendations Show How Staten Island Homeowners Could Reduce Their Property Taxes
According to a report released on Tuesday by New York City's Independent Budget Office (IBO), the commission's proposal would enable around 72% of Class One buildings, which comprise residential properties with one to three units, to benefit from a tax reduction.
Property tax revenue uncertain in DougCo 2023 budget
By Mike McKibbin / NewsBreak Denver / Nov. 14, 2022. [DOUGLAS COUNTY, COLO.] — A mostly flat 2023 budget is expected in Douglas County, although much remains unknown about the county's primary revenue source of property taxes.
Sedalia voters OK tax hike for better water service
By Mike McKibbin / NewsBreak Denver / Nov. 10, 2022. [DOUGLAS COUNTY, COLO.] — Voters in the small Douglas County enclave of Sedalia agreed to increase their property taxes to improve water service in Tuesday's general election.
New CoHo construction set to start on Winthrop and Capen
50 Winthrop St., one of the buildings that will be renovated for CoHo, is pictured on Sept. 20.(Elin Shih / The Tufts Daily) Tufts announced in June that it would begin construction on two new housing properties for upperclassmen on 50 Winthrop St. and 2–4 Capen St. in Medford. In a virtual meeting with the Medford community that month, Tufts also revealed plans to demolish the buildings currently in those lots. The project is set to start construction in fall 2022 and finish in August 2023.
Iowa Towns Blunder Budgets, Residents Won't Pay Property Taxes
Two Iowa towns failed to submit their budgets by the state's required deadline, meaning that residents now do not have to pay property taxes. Credit: Xijian (Getty Images) Per a report from Des Moines CBS affiliate KCCI 8, people who reside in Zearing and Le Roy will not pay property taxes this fiscal year due to city leaders' error.
Apply for Senior Freeze Property Tax Reimbursement Program Before Oct. 31
Property Tax Reimbursement available to qualifying applicants.Morristown Minute. Checks have already begun to be issued to qualified early applicants. - *Not sponsored or affiliate content, Morristown Minute is not affiliated with, and does not benefit from participation in, these programs.
Collin County 2022 Property Tax Rates Are Out — File a General Homestead Exemption to Reduce Your Bill in the Future
Collin County homeowner starting their general residence homestead exemption applicationPhoto by Christine Hume. Collin County will soon be releasing property tax bills to property owners across the county. You can calculate your anticipated taxes by reviewing Collin County's 2022 tax rates. Your total property tax rate will likely include:
Montgomery County Tax Rate Exceeds the No New Revenue Rate
CONROE – On Tuesday, August 9, 2022, the Montgomery County Commissioners Court approved a proposed tax rate of $0.3764 per $100 of appraised property values without announcing the calculated value for the “No New Revenue” tax rate.
DougCo offers $750K+ property tax rebate for company to relocate
[DOUGLAS COUNTY, COLO.] — Douglas County could provide more than $75,000 in annual property tax rebates to a Centennial-based technology services company considering relocating to the county.