Sentences with phrase «levied public revenue»

Not exact matches

The draft, seen by Bloomberg, was circulated on Friday and outlines how a targeted levy on gross revenues would increase the tax bill digital giants face, as the bloc seeks to raise money from an industry it says provides less than it should to public coffers.

DENVER, Nov 5 (Reuters)- Supporters said on Tuesday that a Colorado measure to levy taxes on newly legalized sales of recreational marijuana and earmark the first $ 40 million in revenue for public schools had been approved by voters.

With a projected revenue of N3.86 trillion in the face of dwindling crude oil receipts, government estimates that oil revenues contribute N820 billion of the total revenue; non-oil revenues, comprising Company Income Tax, CIT, Value Added Tax, VAT, Customs and Excise duties, and Federation Account levies, are expected to contribute N1.45 trillion; while independent revenues are expected to contribute N1.51 trillion through the enforcement of the Fiscal Responsibility Act, 2007 and public expenditure reforms in all MDAs.

As Ms. Carpenter has, Mr. Bellone indicated that he would support legislation to more equitably share countywide sales tax revenues for public safety, money that under the Levy administration has been earmarked for western Suffolk.

School tax levies — that is, revenue raised through local property taxation — will rise next year by an average 2.78 percent in Suffolk County and an average 2.42 percent both in Nassau County and statewide, according to figures from public school districts released last week by the state comptroller's office.

Second, though states have shouldered some responsibility for financing public education, usually by decreeing a minimum or «foundation» level of per - pupil spending, sizable portions of education revenue are locally generated through property taxes, bond levies, and such.

Sarah Wollaston, a former GP who chairs the health select committee, called for the remaining revenue from the levy that is not spent in schools to be ring - fenced for children's public health programmes, rather than funding the expansion of academies as part of the Department for Education's general budget.

The Per Pupil Revenue Limit (PPRL) analysis shows that districts of higher poverty have significantly lower PPRL, and therefore less ability to receive aid and levy appropriate taxes to fund public education than more affluent districts.

To require revenue extracted by future regional enhancement property taxes that are levied by Intermediate School Districts and distributed to conventional public school districts to also be shared with public charter schools within the ISD's territory.

Suburban REALTORS Alliance Position The Alliance is opposed to increases in the current transfer tax for the following reasons: 1) As the transfer tax is levied only on buyers and sellers of property, the burden per taxpayer is greater than the burden from a more broad - based tax designed to generate the same amount of revenue; 2) Since public transportation is a benefit that is open to all members of society, the charge should not be placed solely on buyers and sellers of property; 3) The transfer tax adds additional burdens on first - time home buyers saving for a down - payment and covering the closing costs and runs contrary to existing federal, state, and local programs including the mortgage interest deduction, low interest property maintenance loans, and grants to first time homebuyers; 4) A real estate transfer tax is a state and local tax assessed on real property when ownership of the property is exchanged between parties.