Champaign, Illinois

PROPERTY TAXES ON SINGLE-FAMILY HOMES UP 7 PERCENT ACROSS U.S. IN 2023, TO $363 BILLION

Retrieved on: 
Thursday, April 4, 2024
Tax, AVM, School, Sale, Champaign, Illinois

IRVINE, Calif., April 4, 2024 /PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its 2023 property tax analysis for 89.4 million U.S. single family homes, which shows that $363.3 billion in property taxes were levied on single-family homes in 2023, up 6.9 percent from $339.8 billion in 2022. The increase was almost double the 3.6 percent growth rate in 2022 – and the largest in the past five years.

Key Points: 
  • The effective tax rate shows the average annual property tax expressed as a percentage of the average estimated market value of homes in each geographic area.
  • The decrease in values, along with rising taxes, resulted in a small increase in effective rates.
  • States in the Northeast region had seven of the 10 highest average property taxes in the U.S. in 2023.
  • Among 1,502 U.S. counties with at least 10,000 single-family homes in 2023, 21 had an average single-family-home property tax of more than $10,000.

University of Nebraska, Lincoln Takes Top Honors at 22nd Annual Deloitte FanTAXtic National Case Study Competition

Retrieved on: 
Tuesday, January 30, 2024
Well, Student, Learning, University at Albany, SUNY, University of Houston, University, Champaign, Illinois, San Diego State University, School, University of Massachusetts, Faculty, Florida International University, University of Cincinnati, University of Utah, University of Mississippi, Depreciation, Creativity, University of California, Jackson State University, University of Tennessee, University of Nebraska–Lincoln, Lincoln, University of Florida, University of Illinois Urbana-Champaign, University of Southern California

NEW YORK, Jan. 30, 2024 /PRNewswire/ -- A team of students from University of Nebraska, Lincoln, claimed victory at the Deloitte FanTAXtic national case study competition by presenting the best analysis on a complex, issues-driven business tax case. This year's case challenged teams to provide advice on how to structure a new business entity and help determine whether they should operate the venture as an S corporation or a C corporation. Teams were also asked to share advice on tax issues like how to calculate depreciation, when to recognize income, and how to calculate a specific business income deduction. The national finals were held Jan. 19-21 at Deloitte University, Deloitte's landmark campus for learning and leadership development in Westlake, Texas.

Key Points: 
  • NEW YORK, Jan. 30, 2024 /PRNewswire/ -- A team of students from University of Nebraska, Lincoln, claimed victory at the Deloitte FanTAXtic national case study competition by presenting the best analysis on a complex, issues-driven business tax case.
  • The national finals were held Jan. 19-21 at Deloitte University, Deloitte's landmark campus for learning and leadership development in Westlake, Texas.
  • The other teams that participated were: Florida International University; San Diego State University; University at Albany; University of California, Los Angeles; University of Cincinnati; University of Florida; University of Houston; University of Illinois, Urbana – Champaign; University of Massachusetts; University of Mississippi; University of Southern California; University of Tennessee; and University of Utah.
  • Each of the 16 teams participating in the national competition won the Deloitte FanTAXtic contest in their respective U.S. regions.

In 2023, Illinois American Water Invests $297 Million Throughout State and $43.6 Million in Local Water & Wastewater Infrastructure in Eastern Division

Retrieved on: 
Thursday, December 14, 2023
Professional Services, Utilities, Energy, Finance, Construction & Property, Urban Planning, Water, Water quality, Fire hydrant, Investment, American Water Works, Backwash, American Water, Illinois Commerce Commission, Illinois Environmental Protection Agency, Sewage treatment, Champaign, Illinois, Sterling, Fisher

In 2023, Illinois American Water will have invested $297 million in water and wastewater system infrastructure replacement and enhancements throughout the state.

Key Points: 
  • In 2023, Illinois American Water will have invested $297 million in water and wastewater system infrastructure replacement and enhancements throughout the state.
  • The Eastern Division is comprised of the Champaign, Pontiac, Sterling, and Streator water service areas; Fisher wastewater system; Villa Grove water and wastewater systems; and Tolono water and wastewater systems.
  • In the last decade, Illinois American Water has invested $1.6 billion in water and wastewater infrastructure throughout Illinois.
  • These investments involved making repairs to existing infrastructure and replacement when needed,” said Rebecca Losli, president, Illinois American Water.

HOME FLIPPING ACTIVITY DROPS AS PROFITS RISE ACROSS U.S. IN SECOND QUARTER OF 2023

Retrieved on: 
Thursday, September 21, 2023
Pressure, Metro, Housing, Federal Housing Administration, Warner Robins, Georgia, Veteran, Sale, Phase 10, Acquisition, AL, Champaign, Illinois, FHA, ROI, Computer data storage, Arms industry, Cryptocurrency, Film industry, Pharmaceutical industry, Video game, Food delivery, Casino, MD

IRVINE, Calif., Sept. 21, 2023 /PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 U.S. Home Flipping Report showing that 84,350 single-family homes and condominiums in the United States were flipped in the second quarter. Those transactions represented 8 percent, or one of every 13 home sales, during the months running from April through June of 2023.

Key Points: 
  • The typical gross flipping profit translated into a 27.5 percent return on investment compared to the original acquisition price in the second quarter of 2023.
  • Specifically, the typical resale price on flipped homes increased to $308,500 in the second quarter, a 2.1 percent over the first quarter of 2023.
  • Despite the quarterly gains, typical flipping profits remained less than 30 percent in 79 of the 190 metros with enough data to analyze in the second quarter of 2023.
  • Nationwide, 62.6 percent of homes flipped in the second quarter of 2023 had been purchased by investors with cash.

HPE Appoints Rom Kosla Chief Information Officer

Retrieved on: 
Wednesday, June 14, 2023
Networks, Data Management, Apps, Applications, Technology, Software, Improper integral, Cleveland State University, University, Senior, HPE, PepsiCo, Ahold Delhaize, Engineering, Champaign–Urbana metropolitan area, Corporation, Champaign, Illinois, CIO, Computer science, Management, Nestlé

“Over the last several years, HPE has taken on massive transformations of its internal systems to position us for success.

Key Points: 
  • “Over the last several years, HPE has taken on massive transformations of its internal systems to position us for success.
  • As CIO, Rom led the IT transformation across the Ahold Delhaize USA companies, improving the technical and engineering capabilities within the IT organization while evolving the organization to deliver value faster for the company.
  • “I’m excited to join HPE at this pivotal moment for its business,” said Kosla.
  • HPE is committed to elevating the experience customers, partners, and team members have working and doing business with the company, and I’m looking forward to working with a superb team of professionals to do just that.”
    Mr. Kosla will join HPE in July 2023.

Las Vegas Celebrates Liberace With Charity Benefit Hosted By Perez Hilton

Retrieved on: 
Thursday, May 4, 2023
Master of ceremonies, Alexis Park, Ceremony, Public housing estates on Tsing Yi Island, Champaign, Illinois, Master, Personality, Bachelor of Fine Arts, Hotel, Liberace

LAS VEGAS, May 4, 2023 /PRNewswire/ -- The Liberace Foundation for the Performing and Creative Arts ( www.liberace.org ) is pleased to announce a celebration of Liberace's contributions to Las Vegas, the arts community, and pop culture with a charity benefit on May 17th, 2023.

Key Points: 
  • LAS VEGAS, May 4, 2023 /PRNewswire/ -- The Liberace Foundation for the Performing and Creative Arts ( www.liberace.org ) is pleased to announce a celebration of Liberace's contributions to Las Vegas, the arts community, and pop culture with a charity benefit on May 17th, 2023.
  • Perez Hilton will be the Master of Ceremonies for the official Liberace 104th Birthday Benefit on May 17th in Las Vegas.
  • On May 17th, Perez Hilton will be the Master of Ceremonies for the official Liberace 104th Birthday Benefit hosted by The Liberace Foundation for The Performing and Creative Arts.
  • "We are very excited to be celebrating the legacy of Liberace and the mark he made on Las Vegas, pop culture, and the world at the only official Birthday celebration hosted by Perez Hilton," said Jonathan Warren, Chairman of The Liberace Foundation.

Illinois March for Life Brings First Post Dobbs March to Springfield

Retrieved on: 
Wednesday, March 15, 2023
Roe v. Wade, Abraham Lincoln Statue and Park, Sangamon Auditorium, W. R. Morton Keast, Illinois State University, Illinois House of Representatives, The Brickyard (NC State), Abraham Lincoln, Trinity Lutheran Church, Capitol, Death, Abortion, Champaign, Illinois, Patient, Woman, Hauter, Reproductive Health Act, Diocese, Life, Responsible Parenthood and Reproductive Health Act of 2012, Movement, Mother, Mass in the Catholic Church, Legislation, Family, Pregnancy, University, Clothing, Birth control, Boilermaker

SPRINGFIELD, Ill., March 15, 2023 /PRNewswire-PRWeb/ -- Thousands of pro-life advocates are expected at the Illinois State Capitol Building on Tuesday, March 21, 2023, for the Illinois March for Life. Coming from across Illinois and the Midwest, the large pro-life crowd will rally at the Lincoln Statue, march around the Capitol building, then meet with lawmakers to advocate for the protection of unborn children and their mothers.

Key Points: 
  • SPRINGFIELD, Ill., March 15, 2023 /PRNewswire-PRWeb/ -- Thousands of pro-life advocates are expected at the Illinois State Capitol Building on Tuesday, March 21, 2023, for the Illinois March for Life.
  • Illinois' increasingly extreme abortion policies draw women and girls from neighboring states to obtain abortion on demand at any stage of pregnancy.
  • Hauter, the first physician to be elected to the Illinois House, will be among those addressing the crowd at the Illinois March for Life.
  • Keynote speaker at the Illinois March for Life is Serena Dyksen, founder of She Found His Grace Abortion Recovery.

Illinois American Water and American Water Charitable Foundation Announce $25,000 in STEAM Grants

Retrieved on: 
Thursday, December 8, 2022
Utilities, Philanthropy, Environmental Health, Consumer, Energy, Environment, Teens, Primary, Secondary, Fund Raising, Education, Foundation, Green Technology, Water, American Water, Plant, Environment, Quality control, United States Strategic Communication, Conservation Foundation, Water cycle, Chicago Metro, Learning, AWCF, Fire hydrant, Champaign, Illinois, ART, Research, Girl Guides, American Water Works, NYSE, STEAM, Student, History, Liberal Arts, Inc., Work, Community, Organization, Pharmaceutical industry, Oil, Mathematics, Science, Engineering

The American Water Charitable Foundation (AWCF), a 501(c)(3) organization established by American Water, the largest publicly traded U.S. water and wastewater utility company, partnered with Illinois American Water to provide five State Strategic Impact Grants focused on Science, Technology, Engineering, Arts and Mathematics (STEAM) initiatives.

Key Points: 
  • The American Water Charitable Foundation (AWCF), a 501(c)(3) organization established by American Water, the largest publicly traded U.S. water and wastewater utility company, partnered with Illinois American Water to provide five State Strategic Impact Grants focused on Science, Technology, Engineering, Arts and Mathematics (STEAM) initiatives.
  • The five Illinois State Strategic Impact grants focused on STEAM initiatives were awarded as follows:
    ART, Inc. in Peoria will repurpose 10 retired fire hydrants donated by Illinois American Water to create art.
  • The American Water Charitable Foundation is pleased to partner with Illinois American Water and local organizations focused on incorporating art into science, technology, engineering and math learning, said Carrie Williams, president, American Water Charitable Foundation.
  • Illinois American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and wastewater services to approximately 1.3 million people.

The University of Illinois Alumni Association Opens a Community-Based Online Marketplace

Retrieved on: 
Tuesday, November 1, 2022
University of Illinois Urbana-Champaign, Champaign, Illinois, Champaign–Urbana metropolitan area, Alumni association, Shopify, UIAA, Student, View, Northwestern Alumni Association, University, Food, Friends, Champaign County, Illinois, Multimedia, Online shopping

CHAMPAIGN, Ill., Nov. 1, 2022 /PRNewswire/ -- The University of Illinois Alumni Association (UIAA) is proud to announce the launch of the Alma Market, an online marketplace exclusively featuring products made and sold by members of the University of Illinois Urbana-Champaign community.

Key Points: 
  • CHAMPAIGN, Ill., Nov. 1, 2022 /PRNewswire/ -- The University of Illinois Alumni Association (UIAA) is proud to announce the launch of the Alma Market, an online marketplace exclusively featuring products made and sold by members of the University of Illinois Urbana-Champaign community.
  • With the Alma Market, the University of Illinois is the first major university to provide a dedicated online platform for alumni, students and Champaign-Urbana businesses to sell their goods.
  • All are welcome to shop the Alma Market, but vendor applications are limited to University of Illinois alumni, current students and Champaign-Urbana businesses.
  • The Alumni Association's mission is to enhance and advance the relationship between the University of Illinois Urbana-Champaign and all its alumni; to inspire lifelong loyalty and pride among alumni and friends by strengthening their relationship with the University of Illinois Urbana-Champaign; and to educate the public about the value of the University of Illinois Urbana-Champaign and its alumni.

STEEP DROP IN REFINANCE ACTIVITY DRIVES CONTINUED SLUMP IN MORTGAGE LENDING ACROSS U.S. IN SECOND QUARTER

Retrieved on: 
Thursday, August 25, 2022
Cloud, Use of Free and Open-Source Software (FOSS) in the U.S. Department of Defense, FHA, Trust, Home equity loan, Government, Insurance, Time, Champaign, Illinois, HELOC, Federal Housing Administration, AL, Credit, API, Metro, Ogden, U.S. Department of Veterans Affairs, Office of Inspector General, Housing, Population, MS, Marketing, Efficiency, Bank, Construction, Real estate, Video game, Renewable energy, Casino, Weapon

IRVINE, Calif., Aug. 25, 2022 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its second-quarter 2022 U.S. Residential Property Mortgage Origination Report, which shows that 2.39 million mortgages secured by residential property (1 to 4 units) were originated in the second quarter of 2022 in the United States. That figure was down 13 percent from the first quarter of 2022 – the fifth quarterly decrease in a row – and down 40 percent from the second quarter of 2021 – the biggest annual drop since 2014.

Key Points: 
  • The decline resulted from another double-digit downturn in refinance activity that more than outweighed increases in home-purchase and home-equity lending.
  • For the first time since early 2019, refinance activity in the second quarter did not represent the largest chunk of mortgages, dropping to 39 percent of all loans.
  • Lenders issued 941,111 residential refinance mortgages in the second quarter of 2022 the smallest count since the second quarter of 2019.
  • Purchase mortgages increase in second quarter, but at relatively small pace
    Lenders originated 1,102,236 purchase mortgages in the second quarter of 2022.