Sentences with phrase «city sales tax receipts»

NYC Mayor Bill de Blasio was unable to reverse an effort by Cuomo to claw back more than $ 600 million in city sales tax receipts that state officials argued rightfully belonged to the state.

Not exact matches

«Given the unique structure of the bonds, the State will realize the savings it is due over the next three state fiscal years through the adjustment of sales tax receipts otherwise payable to New York City,» reads the language in the governor's budget proposal unveiled last week.
Auerbach also expressed concern about the renewal of a «timeliness clause» in the proposed agreement which requires the county to turn over respective shares of sales - tax receipts to the city and towns within a week to ten days of receipt from the state.
On the upside, he predicts the county's willingness to absorb Kingston's mass - transit system could be a benefit to the city «if sales - tax receipts decline.»
The city estimated only modest increases in tax revenue, because of lower revenue from income taxes and real estate sales taxes, offset by a rise in property tax receipts.
The statement reads: «Following 2017, the county will begin receiving sales tax growth from the City of Kingston's portion of sales tax receipts to help offset critical county expenses.
Auerbach also expressed concern about the renewal of a «timeliness clause» in the proposed agreement which requires the county to turn over respective shares of sales tax receipts to the city and towns within a week to 10 days of receipt from the state.
«no city, town, county, township or other subdivision or municipal corporation of the state may levy or collect any excise tax upon or measured by the sale, receipt, distribution, or use of fuel.»
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