Faced with a massive shortfall in revenue because of the recession, then - Democratic Gov. Bev Perdue asked Republican leaders to extend part of a temporary 1 -
cent sales tax increase to maintain education funding.
The task force report led to passage of one of the most comprehensive efforts yet to address shortages, including the adoption of a statewide half -
cent sales tax increase that was used, in part, to raise teacher salaries by an average of $ 8,000.
I - 884, which called for a 1
cent sales tax increase, would have funneled an additional $ 1 billion annually into education.
By Paul Snyder A half -
cent sales tax increase would give Dane County planners the money they need to craft a regional transit strategy.
Not exact matches
The timing couldn't be worse for Broward County commissioners to propose a penny
increase in the county's six -
cent sales tax — to fund a transportation initiative that includes light rail.
After last week's vote in Tampa, where a half -
cent increase in the Hillsborough County
sales tax was approved to help underwrite a new stadium, it's looking more and more as if the NFL, which has promised loyal Cleveland fans a team for the 1999 season, will be delivering an expansion club rather than an existing franchise to that city.
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.
The California legislature last week approved a quarter -
cent increase in the state
sales tax to generate relief funds for the Bay Area earthquake.
It would do so by
increasing the state
sales tax by 1
cent, from6.5 percent to 7.5 percent.
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.
The appropriation for the Standards of Quality for Public Education (SOQ) includes amounts estimated at $ 348,900,000 the first year and $ 361,100,000 the second year from the amounts transferred to the general fund from the Public Education Standards of Quality / Local Real Estate Property
Tax Relief Fund pursuant to Part 3 of this act which are derived from the 0.375 cent increase in the state sales and use tax levied pursuant to § 58.1 - 638, Code of Virgin
Tax Relief Fund pursuant to Part 3 of this act which are derived from the 0.375
cent increase in the state
sales and use
tax levied pursuant to § 58.1 - 638, Code of Virgin
tax levied pursuant to § 58.1 - 638, Code of Virginia.