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The American International Group, the large insurer, said its first-quarter profit rose 36percentt after it raised property and casualty prices and expanded its life insurance and annuities business in Asia.
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The company that insured Harrisburg's bonds, Ambac Assurance, has authority under Pennsylvania law to take Harrisburg to court within 30 days and seek an order that it raise property taxes to pay the bonds.
It's raised property values".
In its 2014 budget, the city raised property taxes and trash fees nearly 60% and tripled rental registration fees.
At the time, he committed to the property tax cut for only one year, saying it was meant as a reward to New Yorkers who had borne the burden when he raised property taxes by 18.5percentt early in his tenure.
Schundler actually raised property taxes five times".
In order to raise revenue, he sharply raised property taxes.
Seneca Falls has not raised property tax rates since 1996.
To compensate, cities and towns raised property taxes sharply.
He raised property taxes there 29percentt his first year, but did not raise them again.
To make matters worse, on July 1 the City of Long Beach raised property taxes 25percentt.
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