Property taxes

A proposed constitutional amendment allowing the legislature to determine how local revenue lost due to property tax exemptions is reimbursed was defeated.

Statewide ballot measures, including one before voters in this week's primary, would decrease or even eliminate certain property tax revenue for public schools.

Budgets for Houston, Austin, Dallas, and Fort Worth come amid credit quality improvements and calls from Gov. Greg Abbott to rein in local government spending.

The report takes aim at public school budget balances and charter school funding, and suggests bond issuance to fund teacher compensation endowments.

Indiana lawmakers are considering two more far-reaching property tax reforms before Senate Enrolled Act 1 has even been fully phased in.

If the referendum passes, it is expected to have major impacts on the finances of local governments in Florida.

The city brings $122.2 million of GO bonds to market next week, believing its investment-grade ratings outweigh the defaults of the Puerto Rico government.

The budget timeline emerged as a flashpoint when the Chicago Board of Education held hearings last week in the run-up to a consequential vote Thursday.

In fiscal 2026, Indiana saw 6.8% year-over-year growth in state revenue amid a 27.7% surge in corporate tax revenue, leading to a surplus of $1.85 billion.

States continue tinkering with finding the right mix of property tax, sales tax, and income taxes leveled on the affluent.

The state's Republican governor and legislative leaders ordered 3% cuts for the next biannual budget as they announced their priorities for the 2027 session.

Many local governments face budget issues, including two of the largest cities by population, New York City and Chicago, both of which saw negative rating action during the first half of the year, per Breckinridge strategists.

Increased use and size of the economic development tool led to the exemption of about $1.1 billion in property taxes between 2010 and 2024.

Gov. Ron DeSantis signed a measure into law that restrict local governments increases in property tax yields.

Democrats have, at least temporarily, blocked measures that would have led to local sales tax increase referendums.

Kansas City, Missouri, is weighing $235 million in special obligation bonds to help fund the $1.4 billion expansion of the KC Current's two-year-old stadium.

Local governments will face "greater credit pressure" if voters largely eliminate property taxes on more than half of homes in the state, S&P analysts said.

A proposed $3 billion sports and entertainment district would involve bond issuance for a Dallas Stars hockey arena and public infrastructure.

A county tax collector said the ballot measure, if passed, would endanger outstanding local bonds throughout the state.

West Sacramento's baseball expansion plan would provide funding to two Yolo County school districts, backers say.