News & Analysis as of

Property Tax Federal Funding

Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending... more +
Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending on the country or jurisdiction.  However, a popular system involves a government assessment of the value of a property and a rate based on a proportion of the assessed value. A property may be subject to taxation by multiple taxing entities.  less -
Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/23)

Cozen O'Connor on

Fiscal differences remain as Illinois lawmaker urges for transit special session - “State Sen. Mike Simmons, D-Chicago, made the call Monday during a ceremony to mark the reopening of four Chicago Transit Authority train...more

Cozen O'Connor

Cozen Cities - January 8, 2025

Cozen O'Connor on

CHICAGO — Jobs Slightly Down Since Last Year, State Data Shows - The Chicago metro area experienced a 0.2% drop in non-farm jobs between November 2023 and November 2024. While private education, health services, and...more

Cozen O'Connor

Broad Street Brief: Harris-Walz Ticket Debuts in Philadelphia

Cozen O'Connor on

Property Reassessments to Raise Homeowners’ Tax Bills $330- Though Mayor Cherelle Parker and City Council left the real estate tax rate unchanged this year, Philadelphia homeowners can expect to see property taxes increase...more

Ruder Ware

August Constitutional Referenda to Decide Who Spends Federal Funds

Ruder Ware on

Statewide ballot referenda are not new to voters in the Badger State. There are four scenarios in which a question may be directly asked of voters: whether to amend the state’s constitution; ratification of a law extending...more

McDermott Will & Schulte

Real Estate Update Q1/2023: Neuerungen im Immobilienwirtschaftsrecht

Das neue Jahr 2023 bringt einige wichtige Gesetzesänderungen für die Immobilienbranche mit sich, die Ihre Aufmerksamkeit verlangen. In unserem Real Estate Update werfen wir einen Blick auf ausgewählte Gesetzesänderungen, die...more

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