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The mall operator want a downward reassessment of the property's estimated value, a move that could reduce quarterly PILOT payments that back tax-exempt bonds.
September 23 -
The bridge loan program announced in July will spare suburban taxing bodies from having to issue tax anticipation notes to bridge a months-long delay in property tax bills going out
September 7 -
The controversial Chapter 313 program's property tax breaks will not be offered after Dec. 31, 2022.
August 8 -
The county is working with PNC Bank to set up a line of credit that could provide up to $300 million of short-term loans to local suburban Chicago taxing bodies.
July 8 -
While the path back to pre-pandemic office life remains uncertain, a protracted remote work reality may be a harbinger for future credit rating downgrades of cities heavily dependent on commuter-driven revenues.
June 2 -
Rising home values are putting the spotlight on property taxes in Texas, where state lawmakers are eying tax relief options even as previously approved measures slow the growth in tax bills.
May 26 -
The latest Congressional effort challenging the state and local tax deduction cap would stop the IRS from restricting state legislation that offsets the policy.
May 23 -
A new report from Merritt Research Services looks at potential post-pandemic problems for big cities that rely on taxes from commercial real estate.
February 16 -
Local governments are facing calls for tax relief as the pandemic slows the economy and they implement property tax reform legislation.
November 16 -
Proposition 15 would detach commercial real estate from California's cap on property assessment increases.
September 18 -
The Fourth Circuit Court of Appeals found the state improperly valued CSX's land.
May 22 -
It has become clear that there is a widely held conviction that the property tax is not as fair and equitable as it could be.
February 18John Hallacy Consulting LLC -
Illinois freed up $500 million in capital funding for a University of Illinois research center that will anchor the development.
February 12 -
A special commission issued a series of recommendations to simplify a system that provides the city one-third of its revenue. Albany, though, must sign off.
January 31 -
The Winona County Board of Commissioners approved the county's 2020 property tax levy Friday, though not without some disagreement about the increase.
December 24 -
The Chicago Civic Federation supports the proposed budget despite worries
November 13 -
Officials of the art museum say the effects of Detroit's bankruptcy have impeded their efforts to build the endowment they had envisioned.
November 8 -
Though the market may view Chicago's budget as heading in the right direction, relying on the state is a gamble that's a concern for aldermen, too.
October 29 -
Nearly two in three finance officers in large cities predict a recession in the next year or two.
October 28 -
Mismanagement of real-property related taxes may be shortchanging an MTA revenue stream, said city Comptroller Scott Stringer.
September 30




















