Sentences with phrase «valuation of property increasing»

District officials said they expect revenue to grow because they foresee the equalized assessed valuation of property increasing by about 8 percent, reflecting the record - breaking growth of recent years in Waukegan and in the areas of Warren, Libertyville, Benton and Newport Townships served by the Park District.

Not exact matches

Meanwhile, voters in south suburban Midlothian's Park District rejected a 25 - cent increase in the district's tax rate for each $ 100 of equalized assessed property valuation.

For the third time in the last 18 months, the Midlothian Park District will ask for a 25 - cent increase for each $ 100 of equalized assessed property valuation so that it can boost its strained operating budget.

Forming the park district would cost east side residents nothing for the first year, but will increase property taxes by an estimated 12 cents per $ 100 of assessed valuation during the second year.

Voters on March 19 gave a resounding thumbs down to the park district plan, which eventually would have increased property taxes for east side residents by 12 cents per $ 100 of assessed valuation.

With 96 percent of the votes tallied Tuesday night, Park Ridge District 64 looked like it was heading for victory on a $ 23 million bond issue to build a new middle school and to upgrade technology, and on an education fund property - tax increase of 59 cents per $ 100 of equalized assessed valuation to pay for operating expenses.

«The review group has proposed a number of sensible measures — such as more frequent property valuations and delaying rate increases for expanded or improved properties.

Wealthy areas can generate large amounts of revenue from relatively minor increases in property tax rates due to high property valuations.

McCoy says the tax rate remains flat for the average homeowner due to the increase in full valuation of real property within the county.

One of the results was a greater demand for lake and recreational property, and this increased the equalized valuation in many school districts.

TABOR requires that the state and all school districts obtain advance voter approval for any new tax, tax rate increase, mill levy above that for the prior year, valuation for assessment ratio increase for a property class, extension of an expiring tax, or tax policy change directly causing a net tax revenue gain.

Whether passage of new local levies will result in an increase or a decrease in property taxes compared to the current rate depends on the whether the current Local Levy rate is more or less than $ 1.50 per thousand of assessed valuation (which is the new limit under the Levy Swipe law).

I'm a huge fan of German property as it's significantly undervalued in a global context, it never really participated in the asset / property inflation of the 2000s, I believe there's a secular trend to increase property ownership in Germany and current Bund yield trends are immensely supportive of German property company financials and valuations.

This generally offers potential for significant long term valuation gains from lower costs & rising occupancy, increased sales on a «retail» basis (to satisfy a rising home ownership rate), the general relative convergence of property values within Germany, and likely appreciation from a particularly low valuation base in absolute (and European / global) terms.

Of course, the same way the property valuation declines it can eventually stabilise and then increase.

B (K) v B (J) 2016 BCSC 1904 involved an application for reopening a case that had been decided and attempt to introduce new evidence as to the increased valuations of two properties.

Nothing lasts forever, least of all increasing valuations on commercial properties.

The foundation of the report is a strategic alliance between RCA and NIC and a jointly developed database aimed at increasing property valuation and pricing transparency in the seniors housing and care sector.

Statements as to increased value of the property can not be made unless based on a valuation as specified.