Sentences with phrase «cent sales tax hike»

Bay County commissioners approve placing a half - cent sales tax hike for schools on the Aug. 28 primary ballot.

Not exact matches

A marathon debate over education funding continues in Ohio, where school groups are already divided over a May 5 ballot measure that proposes hiking the state sales tax by 1 cent in order to raise revenue for schools.

While city school officials initially had indicated that they would go ahead with the quarter - cent sales - tax hike, which was expected to generate $ 21 million in its first year, they have put the plan on hold indefinitely, a district official said.

After moving dramatically to abolish property taxes as a source of funding for the schools, lawmakers last year decided to give voters a choice for replacing the lost revenues: either a two - cent sales - tax increase, to be considered in a March 15 referendum, or an income - tax hike, which will go into effect automatically if the sales - tax rise is rejected.

Lawmakers adjourned March 15 after agreeing on how to spend the $ 687 million in revenues expected from a 1 - cent hike in the state sales tax, which had been approved a week earlier.

A state appeals court in Sacramento, Calif., last month upheld a trial court ruling that a 0.25 - cent hike in the sales tax enacted in 1991 to support San Francisco's schools and community colleges is invalid, opening the way for city businesses to seek refunds.

Rather than seek a bond issue and a property tax increase, the school district has teamed with the other districts in Summit County, Ohio, and the county council to propose a half - cent sales - tax hike.

Higher prices were supported by a nearly 20 per cent drop in inventory levels over the previous year and by buyers looking to finalize sales prior to interest rate and tax hikes.