Some commercial property values adjusted, commissioners hear

Posted by property | Posted in Real Estate | Posted on 19-05-2010-05-2008

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Some commercial property values adjusted, commissioners hear
Adjustments to values were made about 50 percent of the time after property tax appeal hearings were held with owners, and a number of those adjustments have come on the commercial property side, County Appraiser Rod Broberg told county commissioners at their weekly meeting Tuesday.
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Lawsuit challenges DeWitt property tax levy, claims excessive reserves
CLINTON – A judge could rule on Friday on a lawsuit that may affect property tax bills in DeWitt County. Earlier this year Kenney resident Bill Spencer filed a suit in DeWitt County Court seeking an injunction against million in taxes levied by the DeWitt County Board for collection this summer. read more
Read more on The Champaign News-Gazette

HVS Launches Property Tax Services: Assisting Hotel Owners in Lowering Expenses During this Current Economy
“HVS Property Tax Services has been formally established to meet the increasing demand of hotel owners seeking to reduce their property tax expense during the current economic climate,” explains Rushmore. “This new HVS division will specifically assist hotel owners and operators in analyzing their overall tax burden, and then represent them in the appeal process. HVS’s experience in property tax …
Read more on Hospitality Net

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