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Pop quiz: How much do you know about property taxes? (Times Herald)
It's difficult to imagine anything much more Byzantine than how property taxes are assessed in Michigan. Each community and each school district sets its own tax rate, and since school boundaries seldom conform with community borders, it creates a nearly impenetrable jumble of rates.

Goldman to buy Japan property from Tiffany in $318 mln deal: WSJ (Market Watch)
TEL AVIV (MarketWatch) -- Tiffany & Co., the New York jewelry and luxury-products retailer, will sell its flagship property in Japan to Goldman Sachs, a person familiar with the situation told The Wall Street Journal.

Property Finance looks at options (Stuff)
Property Finance investors, owed about $86 million, may have to wait till tomorrow to find out if the company has staved off receivership.

Treasurer publishes lost property claims (Northwest Herald)
The Illinois State Treasurer?s Office today is publishing the names of 1,243 McHenry County residents or businesses with money or property waiting to be collected.

Analysts mull contagion from US property market woes (AFP via Yahoo! News)
An increasingly fragile US economy is facing growing risks from the meltdown in the property market, which threatens to spill over into other sectors as credit markets freeze, analysts say.

London property faces slowdown (The Australian)
FEARS are growing that the fallout from the US sub-prime mortgage meltdown will hit house prices in central London, one of the world's hottest high-end property markets.

Property-tax battle far from over (Orlando Sentinel)
Lawmakers spent most of the legislative session battling over property taxes, but legislation now being filed for next year looks like they're ready to do it all over again.

City budget shows no drop in property tax (Allen American Star)
For the first time since 1994, the proposed budget for the city of Allen does not call for lowering the property tax rate. The Collin County Central Appraisal District (CAD) appraised the average value of homes in Allen at $210,600 ? an increase of $12,600 as compared to last year?s average home.

City aims to maintain property taxes in new budget (The Colony Courier-Leader)
Keeping the safety of its residents in mind while maintaining property taxes is shaping the city's proposed fiscal year 2007-08 budget.

City caps property taxes (McKinney Messenger)
Council members posted notice in a preliminary vote that they do not want to raise city property taxes. In a 4-1 decision at Monday night?s regular meeting, council members voted not to exceed the city?s property tax rate of 71.5 cents per $100 valuation as it plans its 2007-08 fiscal year budget.