Sentences with phrase «from city sales tax»

On the tax side, they propose scrapping the commercial rent tax for smaller businesses, which would cost $ 53,000, and exempting feminine hygiene products from city sales tax.

Not exact matches

Infrastructure spending could come, just as it did by the efforts of Van Rysselberge in Oklahoma City, from passing local sales taxes to fund those programs.
He didn't report the sale of the city home in 2010 because the PRE sheltered the full capital gain from tax.
That monthly charge would come from the $ 7 billion that the city collects annually through sales tax on items like prepared food, clothing over $ 110, parking and electronics, according to Klein's office.
Albany County Land Bank Executive director Adam Zaranko: «In the City of Albany, currently we have over 60 vacant and abandoned buildings of sale and about another 70 that we recently acquired from the county through the tax foreclosure process that we're evaluating and will likely go to sale.
Separately from the state, New York City is giving Aetna a $ 5 million sales tax credit over 18 months and another $ 4.55 million in tax breaks over 10 years.
Barrett also called for state lawmakers to lift restrictions on the city that prevent it from levying its own sales or income taxes.
Hein did not mention his administration's proposal to reduce the county's share of sales tax to Kingston city government by $ 1.6 million a year and by $ 330,000 to the towns — a consequence, his spokespersons have said, of the localities» failure to reduce taxes after receiving a collective $ 7 million a year in cost relief from the county.
In addition to taxes, the city is banking on $ 1 billion in new revenue from the sale of new taxi medallions, which can only be achieved through controversial legislation the governor has yet to sign.
For the rest of the budget, on the upside, the mayor's office expects to see increased revenue from sales tax, parking fees and property tax collection — thanks to the land bank, the agency tasked with handling the cities massive list of vacant properties.
The city, benefiting from an economy that boosted sales and income tax collections 15 percent since fiscal 2014, on Tuesday is selling $ 1 billion of bonds backed by that revenue to pay for capital projects.
If Poloncarz's Republican opponent, Assemblyman Ray Walter, wins the election and gets his way, town and city governments will receive an average $ 166 per resident from the 8.75 percent sales tax — compared to the current $ 139.
Officials from Appleton and nearby cities said Thursday that being able to raise a local sales tax to pay for public transportation would prevent them from regularly going hat in hand to the federal government.
The concept of capturing city sales tax is based on how the state handled the savings realized from STARC bond refinancing.
«I don't ask upstate Republican county executives to tell me what they'll spend the 1 % sales tax extender on before I agree to pass a bill,» Heastie said, contrasting the Senate GOP's demand for information on the school system from the city.
Revenue — Most of the city's revenue comes from sales tax, state aid and property taxes.
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.
Cities in the region that report sales tax separately from counties also saw increases.
More than one - fifth of Manhattan home sales would be impacted by the mayor's proposed «mansion tax,» according to a new analysis from the city's...
Before COR applied to the county IDA for tax breaks, the city IDA had already awarded the company $ 1.5 million in financial assistance for public infrastructure at the harbor and nearly $ 1.2 million in exemptions from sales and mortgage recording taxes on the construction of the first building, an Aloft Hotel.
New York City's sales tax collections grew at half the rate from the same time period in 2014.
Two county legislators from Kingston have introduced legislation to end a standoff between the city and county over sales tax revenue.
Kingston Mayor Shayne Gallo has estimated that failure to extend the temporary 1 percent sales - tax supplement, combined with Safety Net welfare and election costs, could cost the city upwards of $ 5 million and result in 20 to 40 layoffs, including cops and firefighters, from the city's workforce.
Among other things, the breakaway group of eight Democratic senators led by Sen. Jeff Klein of the Bronx is calling for early voting, no - excuse absentee voting, dedicating a portion of New York City sales taxes toward MTA repairs, tax relief for many New Yorkers, and protecting health insurance for children from poor families.
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.
While the money for the loan would come from better - than - projected sales tax revenue the city collected last year, it's uncertain it will ever be spent.
The rezoning was stopped only recently by the City Council, which balked at the potential loss of millions in tax revenues from letting air rights in the neighborhood go to developers at fire - sale prices.
The final budget eliminates tax credits for business, suspends the sales tax exemption on clothing, and allows state and local governments to borrow from the state pension fund to make required contributions to the same fund — resulting in a hidden $ 1,300 tax on homeowners outside New York City.
After prompting by some media, Ulster County Exec Mike Hein finally took ownership of the scheme to claw back some $ 3 million a year in sales tax revenues from the city and the towns.
Ulster County announces it plans to cut the sales tax share of the City of Kingston from 11.5 percent to
Taking a firm stand for the first time in public on reducing the city's share of sales tax revenue, County Executive Mike Hein has charged the City of Kingston with accepting some $ 8 million from the county in Safety Net welfare relief over the past four years and using it to «mask» a collective spending increase of almost 40 perccity's share of sales tax revenue, County Executive Mike Hein has charged the City of Kingston with accepting some $ 8 million from the county in Safety Net welfare relief over the past four years and using it to «mask» a collective spending increase of almost 40 percCity of Kingston with accepting some $ 8 million from the county in Safety Net welfare relief over the past four years and using it to «mask» a collective spending increase of almost 40 percent.
Two county legislators from Kingston have introduced legislation to end a standoff between the city and county over sales tax
In addition to hosting million - dollar homes with boat access, the area is close to the city's entertainment hub, the Gulfstream Racing and Casino Park, which helps provide Hallandale Beach with substantial revenue from sales and property taxes.
From there, they conspire to spread the bug around town, and soon the frazzled mayor is worried about the loss of city revenue (reduced smoking and drinking mean less sales tax, you see).
Mr. Corbett is offering the district a one - time $ 45 million grant and $ 120 million in recurring funds from a one - percentage - point city sales tax increase on the condition that teachers accept lower pay and benefits as well as «work rule» changes.
Nonpartisan, accurate, unbiased and credible research on key issues, from school vouchers to Internet sales tax to better ways to finance highway construction to ideas for eliminating the blight of abandoned, tax - reverted properties in Michigan's older cities.
$ 4.5 million — Amount in local sales and use tax revenues received by Roanoke Rapids City Schools from 2006 through 2014
$ 2.5 million — Amount in local sales and use tax revenues received by Weldon City Schools from 2006 through 2014
The original TIFIA commitment amounted to $ 73.5 million, comprised of three separate obligations: $ 50.5 million, secured by county sales and city hotel room taxes; $ 5 million, secured by lease income from property contributed by Union Pacific; and $ 18.5 million, secured by tax assessments on real property in a downtown business district.
In addition to the TIFIA loan, project funding sources include $ 111.5 million from city of Reno bond proceeds (backed by hotel room and sales taxes), $ 17 million from Union Pacific Railroad, $ 21.3 million in Federal grants, and $ 79.6 million in cash, interest earnings and other income.
The original TIFIA commitment amounted to $ 73.5 million, comprised of three separate obligations: $ 50.5 million, secured by County sales and City hotel room taxes; $ 5 million, secured by lease income from property contributed by Union Pacific; and $ 18.5 million, secured by tax assessments on real property in a downtown business district.
A GREAT TIME TO BUY AutoCheck One Owner BUY FROM AN AWARD WINNING DEALER JONES FORD BUCKEYE is the Home of the Lowest City Sales Tax in Maricopa County and the Jones family is the only one to offer no - charge Lifetime Powertrain Protection on their certified pre-owned.
36/29 Highway / City MPG ** Honda Certified Used Cars Details: * Powertrain Limited Warranty: 84 Month / 100, 000 Mile (whichever comes first) from original in - service date * 182 Point Inspection * Vehicle History * Warranty Deductible: $ 0 * Limited Warranty: 12 Month / 12, 000 Mile (whichever comes first) after new car warranty expires or from certified purchase date * Transferable WarrantyApplicable sales tax, dealer prep fees, motor vehicle fees, dealer documentation fee, may be additional.
47/49 Highway / City MPG ** Honda Certified Used Cars Details: * Powertrain Limited Warranty: 84 Month / 100, 000 Mile (whichever comes first) from original in - service date * Vehicle History * 182 Point Inspection * Warranty Deductible: $ 0 * Limited Warranty: 12 Month / 12, 000 Mile (whichever comes first) after new car warranty expires or from certified purchase date * Transferable WarrantyApplicable sales tax, dealer prep fees, motor vehicle fees, dealer documentation fee, may be additional.
«For a decade or more, Amazon has profited at the expense of communities nationwide by depleting much - needed sales tax revenue from states and cities while trying to maintain a significant competitive advantage over Main Street retailers,» said Oren Teicher, CEO of the ABA.
The Downtown Association, established in 1975 to address the needs of Downtown Merchants as a whole, is an advisory body to the City Council funded by sales tax proceeds from its district.
The City Council agreed last year to put 10 % of the city's share of money from Measure R, the 2008 sales tax to support transportation projects countywide, toward initiatives for cyclists and pedestriCity Council agreed last year to put 10 % of the city's share of money from Measure R, the 2008 sales tax to support transportation projects countywide, toward initiatives for cyclists and pedestricity's share of money from Measure R, the 2008 sales tax to support transportation projects countywide, toward initiatives for cyclists and pedestrians.
On Wednesday, Seattle's city attorney, a former federal prosecutor, and a city councilman who used to be a police officer all testified in support of a bill that would legalize the sale, possession and delivery of marijuana for adults over 21 years old — and, in theory at least, generate millions of dollars from taxes on the product.
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