Sentences with phrase «city tax revenue»

But MEAP scores affect where parents decide to send their kids, neighborhood housing prices, city tax revenue, and city services.

City tax revenue growth has slowed, but a recession is not yet here, and may not be imminent.

The mayor's austerity budget comes at a time when city tax revenue is coming in at a higher - than - expected pace.

The new studio is expected to generate 1,311 permanent jobs and $ 4.3 million in state and city tax revenue during construction, plus $ 115 million more the seven years after opening.

No one absorbs a brief more quickly, and his early keynote speech, at the Royal Society of Arts, presented a polished denunciation of Coalition «myths» about Labour's record, as well as admitting that the Brown government became overdependent on City tax revenues.

But if this isn't the usual shell game, in which city tax revenues spike and Bloomberg saves thousands of jobs just before the July 1 deadline, he really is going to need an assist from Albany.

Not exact matches

In 2009, General Motors killed its Pontiac line of vehicles, which was named for the city, and then announced the closure of two local plants, putting more than 2,000 people out of work and costing the city a huge chunk of tax revenue.

Though most states theoretically require consumers to track and pay sales tax on purchases even if the tax isn't collected by the vendor, that rule has gone largely unenforced, leading to billions in lost revenue for cities and states.

The protesters argued that the city's lost tax revenue directly impacts funds for public programs for the indigent.

VANCOUVER — The city of Vancouver's new empty homes tax is expected to bring in $ 30 million in revenue in its first year.

As tax revenues have shrunk, the cost of maintaining city services has grown.

As tax revenues have shrunk, the city's financial obligations have grown — mainly to an ever - expanding pool of 30,000 retirees, promised life - time pensions and health benefits by short - sighted government officials over decades who consistently failed to fund those future obligations.

As the population plummeted, tax revenues dwindled and city coffers slowly shriveled.

«When Wall Street does well, the city and state benefit from higher tax revenues,» Thomas DiNapoli, the state comptroller, said in a statement.

Airbnb has been bragging about how much tax revenue it generates for the city.

Both metropolitan areas have said, for example, that short term rentals procured through Airbnb and VRBO are essentially against the law, as they cheat cities out of millions of dollars of tax revenues, but also because they aren't regulated the way hotels are, and could be fire traps or have other safety considerations about which hapless customers are not likely to be aware.

The state is also suffering a major fiscal crisis that is impacting its budget, pension fund and tax revenue — and the capital city of Hartford is teetering on the brink of bankruptcy.

Most of the tax revenue goes to the state's general fund, and the remainder is distributed to cities and counties based on population.

Detroit's property values fell, tax revenue dropped, police couldn't control a growing murder rate, and many middle - class blacks fled the city for safer suburbs with better schools.

Yeah, they've been resolved by stripping Baltimore City of essential tax revenues so that whole areas of the city are desolate or abandoned and we look like a third - world country, with a Gold Coast and exclusive subuCity of essential tax revenues so that whole areas of the city are desolate or abandoned and we look like a third - world country, with a Gold Coast and exclusive subucity are desolate or abandoned and we look like a third - world country, with a Gold Coast and exclusive suburbs.

Prior to joining Buckingham, Everett represented the City of St. Louis in tax and bankruptcy proceedings as an attorney with the office of the St. Louis City Collector of Revenue.

The city is also earmarking $ 3.4 million in cannabis business license tax revenue and $ 200,000 to hire a consultant to offer no - interest loans and other assistance to help equity permit holders open their business.

Schools will get half of the sales tax revenue; the county will receive 30 percent; and the county's 39 cities will get the remaining 20 percent.

And companies can't take on more debt, nor can states and cities because they're being badly squeezed by falling tax revenues and rising pension plan shortfalls.

In Minnesota taxes on real estate are an important source of revenue for schools, cities and counties.

The city of San Francisco will lose $ 58 million in tax revenue over the next decade if it passes a controversial measure to limit Airbnb listings to 75 days, according to an Airbnb study.

Training grants, revenue grants and real estate tax abatements are a few of the economic incentives the city offers start - up businesses which have helped hundreds spouted up in Jacksonville or relocate from other states.

Steven Nivin, chief economist of the SABER Research Institute, estimated the celebrations would create 1,300 new jobs, bring 263,000 more visitors in 2018, $ 4 million in tax revenue for Bexar County and the City, $ 8 million in in - kind media coverage, and $ 45 million worth of generated wages and benefits.

• Large firms are deserting the cities for cheaper suburban sites, taking with them employment and badly needed tax revenues.

Think of the tax revenue the city is losing!

The Community Enhancement Fund, which was created and is supported by Measure H, a half - cent local sales tax measure approved by Rancho Cordova voters in November 2014, generates approximately $ 7.2 million annually in revenues for the city's general fund.

The 1.5 cents per ounce tax was pitched in Philadelphia as a means of raising revenue — over $ 400 million is expected to be collected in the next five years — to be used for pre-K education and other city programs.

The bill, backed by IDC Leader Jeff Klein of the Bronx, would capture six percet of the city's sales tax revenue for a one - time revenue bump that would help make repairs to the subway.

«I don't want to be part of teachers getting laid off, police officers getting laid off as a result of the city not getting the revenue that would come from that bill, without raising any taxes.»

The Independent Democratic Conference on Monday rolled out a plan that would help fund repairs to the New York City subway system through sales tax revenue.

And he rebuffed concerns the tax cap for New York City would harm its revenue, saying it was important to promote low - tax policies there, and pointed to the success of limiting levy growth elsewhere in the state.

Wall Street remains an important sector of the state's economy, with securities alone accounting for 16 percent of the state's tax revenue and 8.5 percent for New York City.

The bill would direct a small portion of the city's sales tax revenue to pay for half of the transportation authority's $ 836 million, short - term plan to improve subway service.

State Senate Republicans aren't ready to embrace congestion pricing, but they are prepared to seize a portion of New York City's sales tax revenue to help fund the MTA.

For its annual operating budget, the MTA also depends on state and city subsidies, as well as a dedicated tax revenue, for 43 percent of costs.

City Comptroller Scott Stringer, who supports legalization, released a report Tuesday estimating the annual market for marijuana could be as large as $ 3.1 billion statewide and $ 1.1 billion citywide and that it could generate as much as $ 1.3 billion annually in tax revenue.

If the state were to divert those funds, the city would have to bridge the lost revenue either by making service cuts or taxing more heavily elsewhere.

The legislation introduced by state Sen. Jeff Klein would direct a portion of city sales tax revenue toward the $ 836 million plan.

Entergy has «payment in lieu of taxes» deals with Buchanan, the Hendrick Hudson school district, the city of Peekskill and Westchester County that were expected to amount to about $ 31 million in revenue for those government entities in 2015 and rise annually along with the state property tax cap.

Property tax generates nearly one - third of the revenue supporting the city's budget, the report notes.

As mayors prepared to make their case, the state School Boards Association released a survey that found work force costs in schools outside the state's major cities are on track to grow an average of more than $ 1 billion annually by the 2013 - 14 school year; revenues under a tax cap, however, would grow only $ 229 million per year through 2013 - 14, on average.

The budget projects $ 83 million in sales tax revenue — money the city makes per a favorable agreement with Onondaga County.

With the exception of the property tax, the city is powerless to raise taxes in order to generate revenue.

The bill, sponsored by state Sen. Jeff Klein, would direct a small portion of the city's sales tax revenue to pay for half of the transportation authority's $ 836 million, short - term plan to improve subway service.

County taxes represent a fraction of the total property tax burden that also includes revenue for schools, cities, towns, villages, and fire and other special districts.