Sentences with phrase «in sales tax revenue»

Not only do the towns stand to benefit from this plan, suburb school districts will see an increase in sales tax revenue at a time when it is needed most.

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.

Love's Travel Plaza could bring $ 1.5 million a year in sales tax revenue and 40 to 65 jobs to Grand Island — but a potential for 250 trucks per day to a stop on Whitehaven Road.

The states, meanwhile, have been losing out on billions in sales tax revenue over the years (one estimate cited in court papers suggests they'll lose about $ 34 billion this year).

One component of the Ulster County budget that warrants analysis is the anticipated increase in sales tax revenues for 2017.

Albany County is one of three counties across the state that saw a decline in sales tax revenue, which for Albany amounted to 1.5 percent, a nearly $ 2 million loss.

«Relying on a steady growth in sales tax revenue is a dicey strategy,» he said.

When the deal was originally struck, Ottawa offered Quebec no compensation for assuming administrative responsibilities for the HST, nor for any loss in sales tax revenue stemming from the harmonization.

At the same time, more than a quarter of counties could forfeit more in sales tax revenue than they would save on Medicaid.

Almost half of the counties in New York saw a drop in their sales tax revenue last year, according to the state Association of Counties which said the trend should serve as a «red flag» for potential budget challenges ahead.

The budget addresses a significant fall off in sales tax revenue growth and increased mandated social service costs directly related to the financial and economic downturn in the U.S. and many other countries.

Morton says he believes this is the perfect time to propose a cap, when the county will already be learning to live with less do to the current decrease in sales tax revenue resulting from falling gas prices.

As Cahill has asserted, though without much success, «depriving» the county of $ 3.2 million in sales tax revenue left an equal amount in the pockets of the people who pay those sales taxes.

The budget projects a 1.75 percent increase in sales tax revenue next year as well.

The deal is one step in the right direction for securing a fair split in sales tax revenue for the twin forks — which aren't policed by Suffolk County Police Department — a budgeting issue Legislator Jay Schneiderman (I - Montuak) said he had been working on for more than a decade.

The choices, said committee Chairman Rich Gerentine at last week's legislature meeting, were to do nothing, thereby costing the county something like $ 2 million a month in sales tax revenues, or this cockamamie scheme.

«The state stands to earn a windfall in sales tax revenue from all the thousands of New Yorkers who must rebuild their lives.

Upstate New York sees spike in sales tax revenue; Rockland has modest increase added by rctadmin on February 1, 2018 View all posts by rctadmin →

Officials in both counties have raised fees and property taxes while identifying possible spending cuts to balance the books, hoping that upticks in sales tax revenue over the past year continue.

«Incredibly aggressive in their sales tax revenue projections.

Oneida County budgets that it will collect $ 88,232,500 in sales tax revenue in 2009, making that the largest source of revenue in the county budget sales tax revenue.

With every town and the city in Ulster County facing a cut in sales tax revenue, everybody should be following this debate.

The Transportation Authority has announced the sale of $ 248.25 million in sales tax revenue bonds to advance major projects citywide.

They are currently asking their Joint State Committee to conduct a study in regards to the legislation passed three years ago, as they have lost several millions in sales tax revenue, income tax revenue, retail sales of pet supplies, unemployment is up dramatically, and the veterinarians are suffering great loss of income.

While on paper the city of Saratoga Springs had a 5.9 percent, or $ 200,000, decline in sales tax revenue, taking out adjustments made for errors in previous tax years would show the city with a surplus, said Mike Sharp, the city's deputy commission of finance.

Projected losses in sales tax revenue — around $ 12 million, split between state and local — were accounted for in the state budget enacted last month.

to raise $ 2.3 billion — an idea floated many times in the past — Suffolk County would potentially lose $ 120 million more in sales tax revenue than it would save on Medicaid.

Mangano in September proposed the tax hike to raise $ 31 million to offset a steep drop in sales tax revenue.

Continues a Two - year Plan to Address County and State Budget Reductions: The County's budget addresses a significant fall off in sales tax revenue and other local revenue directly related to the financial and economic downturn in the U.S. and many other countries.

East End police departments and villages across Suffolk County will benefit from a collective $ 6 million in sales tax revenue over the next three years, thanks to a new agreement announced by County Executive Steven Bellone during a press conference at Southampton Town Hall Wednesday afternoon.

«According to the 1977 sales tax agreement, Mark Poloncarz can actually follow through on his threat to cut $ 139 million in sales tax revenue for school districts by only giving one year's notice,» Mychajliw said.

A tremendous increase in sales tax revenues to cities, counties and school boards as a result of new retail, restaurant and hotel offerings in the area;

The deal is expected to transfer an estimated $ 750,000 in sales tax revenue from city to county coffers over the course of the final three years of the pact.

The project to beautify the arch grounds, redesign entrances and enlarge the underground visitor center drew such robust public support here that voters approved a 2013 local ballot proposition to finance the restoration with $ 85 million in sales tax revenue.

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

This left Erie County in a very unstable position, possibly losing $ 279 million in sales tax revenue.

In 2012, Erie County collected $ 410 million in sales tax revenue.

Picente said that $ 97,989,139.95 in sales tax revenue was collected by Oneida County in 2017, which is $ 1,893,537.95 more than was conservatively budgeted for.

ALBANY — Albany County is one of three counties across the state that saw a decline in sales tax revenue, which for Albany amounted to 1.5 percent, a nearly $ 2 million loss.

Mr. Walter said Riverhead Town generates $ 25 million to $ 30 million in sales tax revenue, but only received about $ 1 million of it back from the county.

Witnesses said taxing foreign entities» sales in Canada could generate C$ 2 billion ($ 1.6 billion) in sales tax revenues and another C$ 600 million in income tax revenues, it said.