topic-1100000014 News Coverage on Taxation - CTNow
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Taxation

A collection of news and information related to Taxation published by this site and its partners.

Top Taxation Articles

Displaying items 12-22
  • Voters pass New Trier referendum to borrow $89 million

    Voters pass New Trier referendum to borrow $89 million
    Voters on Tuesday cast ballots overwhelmingly in support of New Trier Township High School District 203's referendum request to borrow $89 million to help pay for a proposed $100 million renovation of the Winnetka campus. With all 52 precincts...
  • Park Ridge to begin discussing property tax levy hike

    Park Ridge to begin discussing property tax levy hike
    The March warning was clear: Park Ridge officials heard that unless matters changed by December, the City Council would have to raise Park Ridge's property tax levy by 16.38 percent, or $2.9 million, to cover the ballooning debt owed by a special taxing...
  • Park Ridge aldermen hear 2015 property tax estimates

    Park Ridge aldermen hear 2015 property tax estimates
    Park Ridge aldermen were told on Monday that as of this week, the city will seek $21.5 million in property taxes from residents next year. That figure, they were told, represents $4,121,751 more than last year, an increase of 23.22 percent over last...
  • Park Ridge officials eye stormwater utility fee

    Park Ridge officials eye stormwater utility fee
    Park Ridge officials say the city has a problem: Its sewer system needs tens, if not hundreds of millions of dollars' worth of work in the coming years to handle seemingly increasing amounts of stormwater. But the choices on how to pay for the...
  • Park Ridge tax levy outlook not as grim as expected

    Park Ridge tax levy outlook not as grim as expected
    The outlook for Park Ridge's 2014 property tax levy has improved slightly, which means the city won't have to seek the 23.22 percent hike originally planned for next month, officials said. The currently proposed levy is now 22.09 percent higher than...
  • Hampton delays tax changes for senior citizens

    HAMPTON — Senior citizens eligible for a program exempting them from paying property taxes will have an additional two years before the city eliminates the program. The City Council agreed unanimously Wednesday evening to delay the start date of...
  • Smithfield church sues Isle of Wight County over stormwater fees

    Smithfield church sues Isle of Wight County over stormwater fees
    ISLE OF WIGHT — When property tax bills went out last May, county residents got their first exposure to the cost of the county's new stormwater management program via a fee tacked onto their tax bills. But one local church, Calvary Baptist, has...
  • PennEast won't pay property taxes in Pa.

    PennEast won't pay property taxes in Pa.
    Michelle Trivigno has been busy lately consulting tax tables. The Delaware Township, N.J., tax collector is trying to figure out the amount of tax revenue that will flow to the township each year if the $1 billion PennEast natural gas transmission line...
  • After Hogan victory, local governments look to cut taxes and fees

    After Hogan victory, local governments look to cut taxes and fees
    In Anne Arundel County, the property tax is on the chopping block. In Howard and Harford counties, the stormwater management fee — derided as the "rain tax" — is being targeted. Even in cash-strapped Baltimore — where a Republican...
  • Quinn-Rauner fight echoes as lawmakers return for veto session

     Quinn-Rauner fight echoes as lawmakers return for veto session
    The campaign is over but remnants of the fight between Gov. Pat Quinn and Gov.-elect Bruce Rauner remain as lawmakers return to Springfield this week, with the Democrat looking to score a final victory by raising the state's minimum wage while the...
  • Steve Ballmer's Clippers purchase: Don't write off tax-break potential

    Steve Ballmer's Clippers purchase: Don't write off tax-break potential
    Baseball fans remember Bill Veeck mostly for his bizarre stunts. The maverick team owner once signed a player with dwarfism, then sent the 3-foot-7 batter to the plate to draw a walk. Another time, he let the crowd hold up placards to dictate in-...