Sentences with phrase «levy increase»

The phrase "levy increase" means that the amount of money collected through taxes or fees is going up. Full definition
The average statewide tax levy increase of 2.3 percent for 2012 - 13 is more than a full percentage point below the average of 3.4 percent in 2011 - 12.
The average statewide tax levy increase of 3.2 percent was still lower than the five - year average of 4.8 percent.
The tax cap, in place since 2012, is set at limiting levy increases to either 2 percent or the rate of inflation, whichever is lower.
And don't forget their 2012 2 percent tax cap on year - to - year tax levy increases for all schools and local governments.
The average tax levy increase in the 37 school budgets voted on in the two counties is 1.8 percent, and that apparently sat well with voters.
The cap limits property tax levy increases by 2 percent or the rate of inflation, whichever is lower.
The decision marks the fourth consecutive year that schools and municipalities will be tasked with crafting budgets that call for tax levy increases below 2 percent, he said in a press release.
This will influence future levy increases as well as increase the chance of a special levy being put into place in order to pay for the ongoing maintenance projects of a complex.
The district has not asked for an operating levy increase since 2007.
The state levy increase stands at 0.7 percent for schools.
All area school budget votes passed yesterday, many by large margins, as most schools kept their tax levy increases around the 2 % tax cap.
The cap was first approved in 2011, limiting levy increases to 2 percent or the rate of inflation, whichever is lower.
In depressed areas where there really is no tax base to speak of, a district might need a tax levy increase of say 2.8 % to keep their schools intact.
Many are proposing the highest tax levy increases in the past few years.
The statewide allowable tax - levy increase for school districts is calculated by the state comptroller's office as a baseline cap figure.
Most area schools have tax levy increases below the cap this year.
Senate Republicans will introduce a one - house budget bill that rejects Gov. Andrew Cuomo's proposal for property tax relief, but also makes the current cap on levy increases permanent.
Flanagan appeared at a news conference held by a coalition of business groups and the fiscal watchdog the Empire Center, which released a report and website showing the regional and statewide savings from limiting local levy increases at 2 percent or the rate of inflation (Overall since the cap has been in place, the Empire Center says $ 7.6 million billion has been saved).
The law gives the comptroller's office the power to intrepret and provide advice on the tax cap, which limits local levy increases at 2 percent or the rate of inflation, whichever is lower.
Johnson City Central School District: The $ 55.4 million budget and the 2.51 % tax levy increase passed with 399 voting yes and 179 voting no.
The spending plan sees significant levy increases due to the decline of countywide sales tax revenue.
Administrators in the Plainview - Old Bethpage district responded that they are sensitive to the needs of taxpayers and have consistently held levy increases below allowable limits.
The new head of the Waste Authority has vowed to push for a landfill levy increase and see all proceeds put back into improving waste avoidance and recycling.
Labor and the Greens have left the Turnbull government on tenterhooks whether they will support the 0.5 per cent Medicare levy increase.
Westchester County Executive George Latimer pointed to the $ 10,000 cap on state and local tax deductions by the federal government as having «changed the game» for taxpayers in New York, making the limit on tax levy increases all the more important.
Excluding new construction, the lowest levy increase on existing properties was 6.1 percent, in the Mohawk Valley, while the highest — still comfortably below inflation — was 7.8 percent, in Long Island.
Three North Fork Districts — Greenport, New Suffolk and Southold — have proposed tax levy increases greater than the Suffolk County average of 3.5 percent.
Prior to this year's proposed cut in state aid, average tax levy increases declined for five straight years, from 6.89 percent in 2005 to 5.91 percent in 2006, 3.91 percent in 2007, 3.37 percent in 2008, and 1.89 percent last year.
In addition, the fund balance — money left over from the prior year, which can be used to reduce the tax levy increase if doing so leaves the town with a big enough cushion for emergencies — is also smaller, meaning that using it to provide tax relief may be difficult.
LEWIS With a tax - levy cap set by the state at 1.03 percent, the Town Council here comes in below that with a total levy increase of 1 percent.
Even Denver voters, who recently voted 69 % to support last year's mill levy increase for the Denver Public Schools, only voted 53 % in favor of 66.
«With 2 percent caps [on tax levy increases], you're looking at redistributing pools of money in order to put in some merit system,» said Christopher Nagy, superintendent of the Northern Valley Regional School District.
But you can keep track of which districts have — and haven't — passed their tax levy increases using our referenda scorecard.
Risk - rating requires a transaction levy increase The discrepancy between the cost of claims generated by civil litigation lawyers and the premium collected from those lawyers means that an adjustment to LAWPRO's risk - rating methods is appropriate at this time.
In fact, while the tax cap kept this year's levy increases well below two percent, state schools saw a six percent increase in funding.»
The report coincided with the five - year anniversary of the cap, which limits levy increases by 2 percent or the rate of inflation, whichever is lower.
Southold Town Supervisor Scott Russell is calling for a 7.63 percent tax levy increase in his tentative 2017 budget, which was released Friday.
New Jersey schools were also less restrained than New York's this year: Last month, Jersey districts were seeking average tax levy increases of of 4.8 per - cent — half again as high as the average in New York this week.
The state Senate on Wednesday voted for a bill that would create a permanent extension of the cap, which limits local levy increases to 2 percent or the rate of inflation.
The cap limits levy increases to 2 percent or the rate of inflation, whichever is lower.
Chenango Forks Central School District: The school budget of $ 33.8 million and a 1.8 % tax levy increase passed with, 220 voting yes and 49 voting no.
A coalition of education groups — including the school boards association, the Council of School Superintendents and the state's teachers union — are calling for changes to the cap that would eliminate tying the cap to the rate of inflation, making the limit a 2 percent cap on levy increases.
The letter, which was also backed by four other business groups and chambers of commerce, urges lawmakers to not make any changes to cap, which limits property tax levy increases at 2 percent or the rate of inflation.
The town's spending plan is now $ 43.1 million, which calls for a 1.87 percent tax levy increase for local taxpayers.
To get a rebate for a particular district, the entity needs to keep its tax levy increases below the state cap.
Members voted 6 - 0 in favor of the budget, which calls for a 1.87 percent tax levy increase from this year.
The Catalan regional government's levy increases the price of drinks with 5 — 8g of sugar for every 100 ml by 0.08 euros per litre and the price of drinks with > 8g of sugar for every 100 ml by 0.12 euros.
CHICAGO — To cover a tax levy increase this year, homeowners will be paying about $ 5 more per year in real - estate taxes to the Chicago Park District and visitors will be paying higher fees to the Museum of Science and Industry and the Art Institute.
a b c d e f g h i j k l m n o p q r s t u v w x y z