Panel sides against Lowe’s in Bexar County ‘dark store’ property value dispute – Joshua Fetter – San Antonio Express News

A Bexar County arbitration panel rejected arguments by Lowe’s Home Centers to value some of its San Antonio area stores as if they were empty instead of functioning businesses, according to a seven-page decision issued Wednesday.

It’s an argument the North Carolina-based company has successfully used in Michigan and Indiana where major retailers have driven down property values and tax revenue. City officials say a victory for Lowe’s could cost area taxpayers more than $272 million over five years if the home improvement retailer wins.

Read More…http://www.expressnews.com/business/local/article/Panel-sides-against-Lowe-s-in-Bexar-County-10854394.php

Two local school districts will pose referendums – Carmen McCollum – Kokomo Perspective

The School City of East Chicago will join the School Town of Munster this May in asking voters to pay higher taxes to fund those respective school districts.

East Chicago is asking voters for additional money to boost its operating fund. Munster is asking for two referendums — a general fund referendum to assist the operating budget and a construction referendum to renovate school buildings.

Read More…http://kokomoperspective.com/politics/indiana/two-local-school-districts-will-pose-referendums/article_50fbf902-91cb-5fc0-9b23-10c4807ac398.html

Southern Indiana schools support bill centering on tax increment financing money – News and Tribune – Elizabeth Beilman

INDIANAPOLIS — Representatives from every school corporation in Clark and Floyd counties testified Tuesday in favor of a state bill that would give them louder voices in economic development.

Read More…http://www.newsandtribune.com/news/southern-indiana-schools-support-bill-centering-on-tax-increment-financing/article_9ffa5862-e29e-11e6-a61a-67869a5fa6d0.html

Bill would allow short-term rentals – Journal Gazette – Niki Kelly

INDIANAPOLIS – Cities and towns in the state wouldn’t be allowed to ban short-term rentals found on websites like Airbnb under a bill heard by state lawmakers Tuesday.

Rep. Matt Lehman, R-Berne, said he is trying to find the balance between protecting home rule and the rights of Hoosiers to use their property as they see fit.

Read More…http://www.journalgazette.net/news/local/indiana/Bill-would-allow-short-term-rentals-17324699

 

Council members get earful from restaurant tax foes, supporters – Howard Dukes – South Bend Tribune

SOUTH BEND — Everybody likes the zoo.

However, support for a proposal to implement a food and beverage tax to raise funds is far from unanimous. That was what members of the Mishawaka and South Bend common councils and the St. Joseph County Council learned from the input they received at a spirited public hearing Wednesday on what has become known as the “zoo tax.”

Read more…http://www.southbendtribune.com/news/local/council-members-get-earful-from-restaurant-tax-foes-supporters/article_1c3d6c40-f293-5d1d-8ce6-039fe2fb5b98.html

Property taxes jump, and jaws drop – Dennis Rodkin – Chicago Real Estate Daily

The property tax bill on Jeff and Roberta Price’s Lincoln Park home was about $400 in 1977, the first year they lived there. It’s been going up ever since, but rarely with the jolt of this year’s 63 percent increase.

The increase, from $8,652 to $14,104, has the couple reconsidering their plan to retire in the Kenmore Avenue home where they raised their kids. They’re looking at homes in Indiana “as a backup plan” for the time when Roberta retires in a few years, said Jeff Price, who is already retired.

Read More…http://www.chicagobusiness.com/realestate/20160728/CRED0701/160729844/property-taxes-jump-and-jaws-drop