Sentences with phrase «additional property tax money»

In exchange for securing additional property tax money for pensions, Emanuel wants teachers to cover the full cost of their own pension contributions.

Not exact matches

Gorsuch joined the opinion in Petrella v. Brownback (2015), holding that students and parents have standing to challenge statutory provisions that cap school districts» ability to raise extra money through additional property taxes, on equal protection and due process grounds.

Additional money comes from the tobacco tax, the business - enterprise tax, real - estate - transfer taxes, and state property taxes.

Ironically, while property tax cuts helped precipitate the district's fiscal plunge and the repeated cries for state money, the oversight board in August recommended property tax increases - a half - mill increase annually in 2005 - 06 and 2007 - 08, along with largely unspecified spending cuts; some new spending, such as upgrading the computer system; a new «welcome center» for students; and, of course, additional state aid.

This could also lower districts» need to seek additional money through referendum or property tax levies.

Of course, the problem is even where teachers have agreed to a wage freeze you have increasing costs — without additional state aid — those extra dollars will have to come from the local property tax which is much more unfair for the middle class than raising money through the income tax (assuming you don't let the millionaires off the hook like the Governor did).

Bankruptcy will not normally wipe out: (1) money owed for child support or alimony, fines, and some taxes; (2) debts not listed on your bankruptcy petition; (3) loans you got by knowingly giving false information to a creditor, who reasonably relied on it in making you the loan; (4) debts resulting from «willful and malicious» harm; (5) student loans owed to a school or government body, except if the court decides that payment would be an undue hardship; (6) mortgages and other liens which are not paid in the bankruptcy case (but bankruptcy will wipe out your obligation to pay any additional money if the property is taken back by the creditor).

8) Generally, if you are under age 59 1/2, you must pay a 10 % additional tax on the distribution of any assets (money or other property) from your Roth IRA.

After paying all loan and settlement costs, additional money in a home loan can be put toward a better home warranty, additional condo or homeowners association fees, or an advance to pay your local property taxes.

Impound accounts substantially increase recurring closing costs (see above) because they require escrow officers to collect an additional three to eight months of property taxes and up to a full year of insurance to «pad» the impound account to make sure there is enough money in the account when the property tax and insurance payments actually come due.