William Noe

Property tax is a major concern for Texas property owners, since it represents one of the most substantial expenses they face. In 2023, local taxing entities’ property tax collections totaled $82.1 billion, matching the total revenue generated by all state taxes combined. A property owner’s tax bill is determined by applying the tax rates established by local taxing entities to the property’s taxable value[1].

This article appeared in the Fall 2024 edition of The Evaluator In April 2022, Ohio Governor DeWine signed Am Sub. House Bill 126, 134th General Assembly (HB 126); a significant restriction on the activities of local boards of education (BOEs) in pursuing property taxpayers for increases in tax. Ohio is one of a limited number of states that allows this third-party interference in the property tax assessment process.

This article appeared in the Fall 2024 edition of The Evaluator. The Illinois Supreme Court issued a determination finding a taxpayer is not required to pay its property tax bill prior to appealing to the Property Tax Appeal Board (PTAB). The owner of a power plant filed a timely appeal to PTAB seeking a reduction in the value of its property for tax year 2014. After the appeal was filed, the taxpayer’s 2014 property taxes came due.