Sentences with phrase «from sales tax receipts»

In 2014 - 15, sales - tax revenues accounted for 33 percent of all revenues taken in by Ulster County while the 2017 budget anticipates that 34 percent of all revenues will be derived from sales tax receipts.

Not exact matches

Nixon's campaign said her true income was about $ 1 million in 2017, noting that the overall figure of $ 1.5 million does not reflect some expenses incurred by Nixon's corporation, while it does include receipts from the sales of securities which are not classified as income for tax purposes.

Unlike under the current basis for tax credits, if someone has, say, expenditure on stock of # 5,000 in January and cash receipts from sales of # 5,000 in February, they will only get universal credit for one of those months, despite having no income overall.

Out of office Heseltine called for money, including the receipts from council house sales, to be spent on infrastructure investment instead of tax cuts.

Recent reports from the state on county sales - tax receipts show Ulster County just about even (at $ 103 million) in 2013 - 2014 collections.

Taxpayers will receive the same net benefit, but SOF spending growth appears lower.3 Other substantial changes include shifts in workers from payrolls in the general fund to those paid by capital funds, reclassifying the Sales Tax Asset Receivable Corporation (STARC) funds from a miscellaneous receipt to an offset against spending, and shifting expenses off - budget as shown in Table 3.

In addition, tax receipts from the personal income tax and sales tax came in at $ 150 million higher than originally estimated.

The report from that weak sales tax receipts are a «credit negative» for upstate counties due to their dependence on the revenue for their operating budgets.

They say by then the state will know how much money would have come in from quarterly income tax receipts and the holiday sales tax receipts.

That's when they hope to have the revenue figures from the state's latest quarterly income tax receipts and some of the holiday sales tax receipts.

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.

At stake is the division of some $ 109 million in annual receipts from Ulster County's 4 percent sales tax.

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.

Miscellaneous tax changes reported to be part of the package include several priorities of the business community, including: a favorable change in how the securities industry allocates its receipts for tax purposes, from the address of the firm to the address of the customer; an updating of a sales tax exemption for capital purchases by the telecommunications industry; a reduction in the ton - mileage tax; a rate reduction for small businesses; and creation of an investment tax credit for the securities arms of insurance companies.

Grimm pleaded guilty in December to federal tax fraud, admitting he hid $ 1 million is sales receipts from a restaurant he once owned in Manhattan called Healthalicious.

Rockland County will subtract the cost of the animal care from the Village of Spring Valley's sales tax receipts.

State revenues dampen interdistrict inequalities but, since they typically derive from sales and income taxes, these revenues are also more closely linked to economic fluctuation and more volatile than property tax receipts.

Thus school district funding is tied to the sources of state general funds — typically receipts from sales taxes and income taxes.

Add the sales tax payments from each receipt.

When people all over the country vacation at Disney World or in Las Vegas, tax collectors will tally the receipts from lodging, rental car, restaurant, and general sales taxes in Florida and Nevada, but we will count those payments in the states where the vacationers live.