A New York state law on the books since the 1980s undervalues property tax rates on multimillion dollar residential buildings, providing astonishing discounts to New York City’s wealthiest homeowners.
Oct 16, 2012 The New York Times
Arts programs across America have not been immune to the effects of the Great Recession. With institutions across the country struggling financially, Terry Teachout looks at whether the voter-approved bailout of the DIA can serve as a national model.
Aug 18, 2012 The Wall Street Journal
Dowell Myers pens an opinion piece for <em>The Sacramento Bee</em> arguing that it's time to reform California's infamous property tax cap - Proposition 13 - in order to solve the challenges facing the state today, and in the future.
Jul 18, 2012 The Sacramento Bee
Anthony Paletta takes a look at a new book by Elihu Rubin, chronicling the intriguing political history behind the construction of Boston's Prudential Center in the mid-1950s.
Jun 30, 2012 Metropolis Magazine
As Philadelphia seeks to shift the basis of its property tax system, Catherine Lucey and Jan Ransom report on legislation to be introduced by two City Councilmen that could provide property tax relief to long-time residents of gentrifying areas.
Jun 1, 2012 philly.com
Increasingly seen as an ineffective tool, the property tax limiting Proposition 13 has been derided in California for decades. Now, Los Angeles Mayor Antonio Villaraigosa looks to be willing to argue against the politically sensitive law.
Jul 12, 2011 Los Angeles Times
More cities are exploring the use of PILOT programs (Payments In Lieu Of Taxes) as a way to supplement ailing city coffers. The gist is that large non-profits, which are used to paying no property taxes, are being asked to chip in for city services.
Dec 17, 2010 The Naked City
As recession-reduced property tax levels begin to play out in cities across the U.S., municipalities are beginning to react to the realities of lowered revenues.
Dec 5, 2010 Citiwire
A new report from The National League of Cities shows that declining property and sales income is impacting city coffers, resulting in layoffs and cuts to construction projects.
Sep 1, 2009 The Wall St. Journal
Tax caps, assessment limitations, and other property tax relief programs have caused significant damage to the largest source of revenue for ailing cities, says a new book by the Lincoln Institute of Land Policy.
Aug 5, 2009 Lincoln Institute of Land Policy