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Sacramento Bee (Free subscription) | 11/07/2009
Remember those Republican boasts that they would turn health care into President Barack Obama's Waterloo? Well, exit polls suggest that to the extent that health care was an issue in Tuesday's elections, it worked in Democrats' favor. But while health care won't be Obama's Waterloo, economic policy is starting to look like his Anzio. True, the elections weren't a referendum on Obama. Most voters focused...
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Vox Verax (Free subscription) | 11/06/2009
Obama Faces His Anzio By PAUL KRUGMAN NYT Remember those Republican boasts that they would turn health care into President Obama’s Waterloo? Well, exit polls suggest that to the extent that health care was an issue in Tuesday’s elections, it worked in Democrats’ favor. But while health care won’t be Mr. Obama’s Waterloo, economic policy is starting to look like his Anzio....
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Business Wire (Free subscription) | 11/04/2009
SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings assigns a 'BBB' rating to $10 million Community Redevelopment Agency of the City of Los Angeles (California) Adelante Eastside Redevelopment Project 2009 tax allocation bonds (TABs), series D. Fitch also affirms the $16.7 million in outstanding parity TABs at 'BBB'. The Rating Outlook is Stable. The bonds are expected to sell via negotiation on Nov. 19,...
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The Street (Free subscription) | 11/03/2009
These local elections determine the future of property taxes and education.
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Business Wire (Free subscription) | 11/03/2009
NEW YORK--(BUSINESS WIRE)--In the course of routine surveillance, Fitch Ratings downgrades North Las Vegas (the city), Nevada's $349.1 million general obligation (limited tax) bonds (LTGOs) to 'AA-' from 'AA'. The Rating Outlook is Negative. All of the city's LTGOs are payable from statutorily- and constitutionally-limited ad valorem property taxes and are secured by the full faith and credit of the...
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Business Wire (Free subscription) | 10/26/2009
SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA' rating to $4.1 million Washington County Water Conservancy District, Utah (limited tax) general obligation (LTGO) refunding bonds, series 2009. The Rating Outlook is Stable. The series 2009 bonds are expected to sell via negotiation on Nov. 3, 2009. The bonds are secured by ad valorem property tax revenues levied at a rate sufficient to...
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Business Wire (Free subscription) | 10/23/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed its 'A-' rating on the Onondaga County Industrial Development Agency (IDA), New York's civic facility revenue bonds (Onondaga Free Library Project), series 2008. The Rating Outlook is Stable. The 'A-' rating reflects the annual set-aside of a dedicated library tax to pay debt service, the limited-purpose nature of the library, strong coverage of...
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Business Wire (Free subscription) | 10/20/2009
AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA' rating to College Station Independent School District (the district), Texas' $5.3 million unlimited tax refunding bonds, series 2009. In addition, Fitch affirms the 'AA' rating on the district's approximately $141 million in outstanding unlimited tax bonds. The Rating Outlook is Stable. Scheduled for a negotiated sale as early as Oct. 22,...
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Business Wire (Free subscription) | 10/16/2009
CHICAGO--(BUSINESS WIRE)--(This is an amended version of a press release issued on Oct. 14, containing a revised bond description in the first paragraph.) Fitch Ratings has assigned an 'AAA' rating to the City of Dublin, Ohio's (the city) approximately $15.3 million general obligation (GO) various purpose refunding bonds, series 2009A, which are secured by unlimited ad valorem property taxes; and approximately...
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Business Wire (Free subscription) | 10/15/2009
NEW YORK--(BUSINESS WIRE)--According to a report issued today, Fitch Ratings says offsets may soften the impact on assessed valuation (AV) declines and in turn, property tax collections for states most associated with dramatic residential and commercial property value declines including Arizona, California, Florida, Michigan, Nevada, and Ohio. While weakening property values are likely to result in...
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Business Wire (Free subscription) | 10/15/2009
CHICAGO--(BUSINESS WIRE)--(This is an amended version of a press release issued on Oct. 14, containing revised information on the bonds being rated.) Fitch Ratings has assigned an 'AAA' rating to the City of Dublin, Ohio's (the city) approximately $15.3 million limited tax general obligation (GO) various purpose improvement and refunding bonds, series 2009A, which are secured by unlimited ad valorem...
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Business Wire (Free subscription) | 10/14/2009
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AAA' rating to the City of Dublin, Ohio's (the city) approximately $15.3 million limited tax general obligation (GO) various purpose improvement and refunding bonds, series 2009A, which are secured by unlimited ad valorem property taxes; and approximately $20.8 million unlimited tax GO various purpose refunding bonds, series 2009B, which are...
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Business Wire (Free subscription) | 10/01/2009
NEW YORK--(BUSINESS WIRE)--In the course of routine surveillance, Fitch Ratings affirms the underlying 'AA-' rating to Prince George's County, MD's approximately $12 million solid waste management system refunding revenue bonds, series 2003. The Rating Outlook is Stable. The underlying 'AA-' reflects the system's strong financial operations derived largely from revenues collected on the property tax...
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PR News Wire (Free subscription) | 09/23/2009
SAN DIEGO, Calif., Sept. 23 /PRNewswire/ -- More than half a trillion dollars in commercial mortgages will reset over the next 18 months. That's why The McCormick Property Tax Business System(TM) is hosting a three-day boot camp, October 23 through October 25, at an upscale San Diego hotel. The seminar is designed to teach people how to set up a lucrative property tax consulting business.
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Business Wire (Free subscription) | 09/21/2009
AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings assigns its 'AA-' rating to Pearland (the city), Texas' $12.5 million certificates of obligation (COs), series 2009A and $16.9 million permanent improvement bonds, series 2009, scheduled to sell via negotiation as early as Sept. 24, 2009. Fitch also affirms its 'AA-' rating on the city's approximately $275 million in outstanding parity bonds. The Rating...
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ipnine9 | 01/29/2009
Foreclosure Help - Falling Home Prices Have Little Effect on Property Taxes Many homeowners have been taken by surprise when the value of their home suddenly seemed to hit freefall. It would certainly seem as though there should be one advantage to dropping home prices; however. Many homeowners assumed that when the value of their homes fell, their property taxes would as well. This has not been the...
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seokiss | 12/21/2008
NEW ALBANY, Ind. -- A Floyd County man showed up at the city-county building in New Albany to pay his property taxes with more than $21,000 in coins.Frank Alford, who owns several single-family rental homes, said it's his way of protesting higher taxes, reported WLKY-TV in Louisville, Ky.When he walked into the Floyd County treasurer's office Thursday morning, a deputy clerk immediately recognized
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cfinter | 11/29/2008
Is it possible to have two different assessors give two different assessments of two same properties? Unfortunately, the answer is yes. Even though assessors follow guidelines, everyone sees something different. One assessor may see your property as ...