Property taxes

S&P put some Iowa school district issues' priority-lien ratings on CreditWatch with negative implications after the General Assembly passed property tax reform.

Texas Attorney General Ken Paxton's ongoing audit compliance probe led to more than 130 cities being prohibited from raising their property tax rates.

A federal judge ruled Cook County, Illinois, is liable for contitutional violations of homeowners' rights by stripping them of equity in delinquent tax sales.

The Illinois House advanced a megaprojects bill that could enable the National Football League's Chicago Bears to stay in Illinois.

Nebraska Gov. Jim Pillen vowed to pass sweeping property tax reform in 2027 after Nebraska legislators failed to deliver relief this year.

The legislature passed bills to cut personal income tax rates over time and limit increases on homestead property tax payments to the rate of inflation.

Iowa lawmakers have to merge competing visions for property tax reform after multiple bills passed out of committee in the state House and Senate this month.

The deal includes a current refunding of general obligation bonds issued in 2016 and a tender offer for bonds that have not yet reached their call date.

At least two local agencies missed debt service payments after the Cook County, Illinois, treasurer's office was unable to issue property tax bills on time.

Rapidly rising property values have led many Republican legislators to back measures that would substantially reduce local government property taxes.

The airport system revenue bonds will finance portions of an estimated $5 billion expansion program at Austin Bergstrom International Airport.

The Republican governor and GOP leaders of the state House and Senate will negotiate over three budget visions and a plan to cut local property tax revenue.

An Indiana bill would address some concerns that were raised around 2025's Senate Enrolled Act 1, which created questions about local government credit quality.

Hamilton City Schools blames state funding formula changes and property tax reforms for a fiscal emergency that has prompted school closures and deep cuts.

After Mayor Brandon Johnson split the city's $260 million advance pension payment, more than 30 aldermen introduced a resolution calling for a special hearing.

Major cuts to property tax revenue could push cities and counties to turn to less stable forms of revenue like sales taxes, analysts say.

Governors plan to cut taxes and expand school vouchers across many of the Midwest's Republican-led states in fiscal year 2027.

The Glenwood-Lynwood Public Library District was four weeks late on a Dec. 1 debt service payment amid delays to Cook County property tax billing.

When Ohio Gov. Mike DeWine signed property tax reform bills, there was hope in Columbus it would appease voters who backed a push to abolish property taxes.

Property taxation is being targeted in a growing movement across the nation for cuts or elimination to address homeowner angst over rising tax bills.