Sentences with phrase «by property taxes»

Local governments, in particular upstate cities, have been squeezed by a property tax cap that limits revenues, declining population, and high costs for benefits for workers.

My local district's budget is roughly 1/3 funded by property tax.

The total cost of providing government services minus total revenues from all other sources such as state aid and user fees equals the amount of money to be raised by property taxes.

The repayment of school bond proceeds are backed by property taxes, which makes them a very low - risk investment that comes with low borrowing costs for districts.

Many downtown churches would be forced out by the property taxes on their valuable land, and their buildings would be replaced by high - rise office complexes.

Also, two - thirds of state schools and services are provided for by property taxes.

But the remaining share, Lunsford noted, is covered by property taxes in the counties where the hospitals are located, as well as by «higher premiums» for insured people, whose health plans end up being charged higher rates for services than they would otherwise be if more people had health coverage.

If all the gambling revenues went to education, why are our Upstate and Long Island school districts supported by property taxes?

Moody's Investors Service reported Friday that Oklahoma's continuing revenue problems are noteworthy because local school districts rely heavily on state funding and are limited by property tax limits.

Giving meaningful relief to those hardest hit by property taxes, in addition to being progressive and fair, can be done in a way that is both revenue neutral and good for economic growth.

The problem with the circuit breakers is that it doesn't help businesses, especially small businesses, who are hit hard by property taxes.

Bitcoins in your possession are only levied by a property tax.

Some of the hardships related to this damage might be eased by a property tax reduction — if the owner can make a solid case for a tax appeal.

In the United States, schools tend to be funded by property taxes locally, occasionally with an added income tax.

But House leaders indicated they were moving on from the issue — Ways and Means chairman Kevin Brady (R - Texas) told radio host Hugh Hewitt that «families are being punished most by property taxes,» which are regressive.

BY TONI SOWA Village of Nyack & Nyack Center — State Audit Expenditures for the Village of Nyack totaled approximately $ 5.3 million for 2010 - 2011 fiscal year, and were financed primarily by property taxes and state aid, according to a new audit of the village from the New York State Comptroller's Office.

The group also said schools need state aid information abide by the property tax cap, which requires school districts to submit data to the state comptroller's office by March 1.

«The commission's proposals will further exacerbate the inequality created by the property tax cap and erode local decision - making while ignoring the investments that the state must make to strengthen our economy.»

The New York State School Boards Association finds that many school districts are living within the limits imposed by a property tax cap enacted two years ago.

Since counties outside of the city are funded mostly by property taxes, they've long groused that the «unfunded mandate» from Albany has hurt homeowners and businesses.

Since 60 % of statewide school funding is generated by property taxes, allowing an uncontrolled influx of students into a district may create an unfair burden, impacting all students.

But CPS also is supported heavily by property taxes and of federal funds.

Sure, I have rent to pay and stuff now, but that's offset somewhat by property taxes and extra utilities I would have paid as a homeowner.

It has since been replicated by property tax assessors in several U.S. states.

«We see that home price appreciation is held in check by property taxes,» says Blomquist.

B is all non-property tax revenue and C is the amount of money needed to be raised by property taxes.

The $ 152.4 million in bonds will partially go to two of the best schools in the state — BASIS Scottsdale and BASIS Tucson North — after BASIS officials said they needed the money given they don't have the power to ask voters for bonds backed by property taxes.

In states where schools are funded by property taxes, immigrants who buy homes pay in directly, and those who rent an apartment contribute indirectly, since property taxes are one of the expenses landlords routinely factor in when setting rents.

Coupling it with a giveback to favor Thruway users is an unnecessary political ploy.As so many municipalities and school districts struggle, hemmed in by the property tax cap and only modest increases in state aid, if any at all, New York state appears flush with cash these days.

There's fear among Indiana school district administrators that the three districts before DUAB Thursday represent «the leading edge of those districts most severely impacted» by the property tax caps, as John Ellis, executive director of the Indiana Association for Public School Superintendents, told StateImpact last year.

The part of the GDS ratio taken up by property taxes and heating can vary quite a bit, but a rule of thumb is 7 %.

Even if you have no mortgage payment, a lot of your budget can be eaten up by property taxes, insurance, repairs and utilities.