Sentences with phrase «local government revenue for»

In North Carolina, tax credits taken by taxpayers who developed renewable energy projects between 2007 and 2014 returned $ 1.54 to state or local government revenue for every $ 1.00 of incentive.

Not exact matches

With estimates that the global market for medical marijuana could reach $ 50 billion by 2025, the Israeli government is set to allow the local industry to start exporting and projects annual revenues in the hundreds of millions of dollars.

In an era when the pension liabilities of local governments remain a concern, investors may want to consider the debt offered by established public enterprises — airports and utilities, for example — as an attractive alternative to lease revenue and pension obligation bonds.

This production generates billions of dollars in revenue for state and local governments and the U.S. taxpayer, while supporting hundreds of thousands of jobs.

«One thing is for sure,» the reports says, «state and local governments face large fiscal uncertainties and state forecasters are struggling to sort out various impacts of the TCJA on the state tax revenues.»

The Rockefeller Institute of Government, which released a new state revenue report on Monday, said that «The Tax Cuts and Jobs Act (TCJA), enacted in late December 2017, created strong incentives for some high - income taxpayers to act fast and prepay their state and local income and property taxes to take advantage of the expiring tax breaks, namely the state and local tax (SALT) deduction, which is capped at $ 10,000 per year as of January 1, 2018.»

Local governments in China depend on real - estate deals for revenue and could default if the market falls too far.

These retirement tax breaks amount to a significant loss of tax revenue for federal, state, and local government budgets.

The government has already promised 100,000 pounds in compensation funding for local communities as well as a share of revenue raised from shale gas sales.

With proper policies that foster growth and local input, the Department provides opportunities for new jobs and revenue for state, local, federal, and Tribal governments.

Some $ 24 million in cuts are due to a new 2 percent handling fee the state is charging local governments for managing sales tax revenue, a part of the transit agencies» funding, according to the Tribune.

While property taxes in the state serve as an important source of revenue for local governments and public services (including public education) the average Alabama homeowner pays just $ 550 per year in property taxes.

Property taxes in North Carolina are a key source of revenue for local governments, providing funding for services such as public education and law enforcement.

Property taxes in Missouri are a key source of revenue for local governments.

In Jewish Palestine, to make things worse, the taxes were revenue for a detested foreign government, or for local rulers who were its puppets.

1) Charities spend their income on necessities, such as food and utilities, which ever - so - slightly re-orients our economy toward recession - resistant products, rather than luxuries 2) Charities spend their money quickly, but on independent schedules, making for a smoother stimulus effect on the economy 3) Charities make purchases tax - free, meaning that $ 1 spent by a charity generates a full $ 1 of private economic activity; furthermore, much of those tax revenues are recovered as income tax on the grocery stores, utility companies, etc. that might not have received that income otherwise 4) Charitable giving is by far the most democratic way to improve society; from birth control to bombers, government assuredly spends money on something you don't like, and charitable giving restores your say - so 5) Charitable donations are tax deductible, meaning you keep those tax dollars in your local community 6) Charitable donations provide the funds necessary for volunteers to serve the needy, thus giving «the average citizen» a chance to meet and interact with the needy, breaking down stereotypes

Cuomo proposed using some of a $ 4 billion surplus, which he acknowledged was a «one - shot» revenue source from numerous financial settlements, on infrastructure spending, education and for helping local governments find ways to share services as part of an overall economic development boost for the upstate region.

The state's economic development czar made the case to Long Island executives that Cuomo's START - UP NY tax - free zones for businesses will likely boost the economy and won't reduce tax revenue collected currently by state and local governments.

«We agree with suggestions that the assignment of an appropriate share of revenue of the tax collected to Scotland, while not providing the total accountability nor the kinds of powers for specific policy objectives the Scottish Government seeks, does provide an indirect advantage to Scotland in that greater economic growth as a result of local policies would increase revenue.

He says he wants to make sure there is an option to produce revenue for local governments and schools if casinos are rejected.

The 1999 Constitution provides for the establishment by each state of the said account into which shall be paid all revenues due to local governments of that state from the Federation Account and from the state government.

«Unfortunately, the lack of oversight from local governments have led to instances of favoritism and lost revenue for the state,» Avella said.

For the purpose of uniformity, accountability and transparency, members from Revenue Mobilisation Allocation and Fiscal Commission who have representatives from every state of the federation were recommended, as umpires and arbiters of the Federation Account, to play prominent roles during the meeting of the State Joint Local Government Accounts Allocation Committee.

It says the amendment would allow the legislature to authorize up to seven casinos for the purpose of «promoting job growth, increasing aid to schools, and permitting local governments to lower property taxes through revenues generated.»

By restoring state revenue sharing to former levels to pay for unfunded state mandates, which are driving many cities, towns, and counties toward bankruptcy, New York's local governments could fully fund their services and still cut their highest - in - the - nation property taxes.

The agreement would grant the Oneida Nation exclusive rights to casino gaming in Central New York in exchange for sharing a portion of gaming revenues with the state and local governments.

Hawkins will speak on the need for the state to better share revenues with local government, enabling them to better meet local needs while reducing regressive local property taxes.

The budget document itself is based on the State - mandated Uniform Accounting System for New York State Local Governments, and provides a line - by - line accounting of all County revenues and expenditures.

In his local stops, Hawkins emphasized the need for the state to better share revenues with local government, enabling them to better meet local needs while reducing regressive local property taxes.

«These local sales tax revenues enable counties and other local governments that also receive a share of these revenues, to pay for state mandated programs and provide critical local services that would disappear,» Acquario stated.

«The proposed amendment to section 9 of article 1 of the Constitution would allow the Legislature to authorize up to seven casinos in New York State for the legislated purposes of promoting job growth, increasing aid to schools, and permitting local governments to lower property taxes through revenues generated.

That wording says casinos would be approved for the «purposes of promoting job growth, increasing aid to schools, and permitting local governments to lower property taxes through revenues generated.»

Local taxes would be lowered through increase state aid for schools and revenue sharing with local governmLocal taxes would be lowered through increase state aid for schools and revenue sharing with local governmlocal governments.

He said, «I want to urge the Conference of the Auditors - General for Local Governments in Nigeria to join hands with the Senate in ensuring that governments at all levels get all the revenues that are due to tGovernments in Nigeria to join hands with the Senate in ensuring that governments at all levels get all the revenues that are due to tgovernments at all levels get all the revenues that are due to them.»

With $ 30 billion more in state revenue, we could restore full funding for public schools and colleges, pay for the state mandates on local governments through increased revenue sharing, cut regressive local property and sales taxes, and build the infrastructure and services of the Green New Deal.

The casino legislation offers new details, like the rates of taxation for the gambling centers, which would be set at 25 % of profits, and lays out how the revenues would be distributed to state and local governments.

For purposes of this section, the total General Fund calculation shall not include sales and compensating use tax revenues shared with local governments and school districts.

Under the performance agreements, the 13 MDAs are required to initiate innovative strategies to generate local revenues with support from the government, geared towards job creation, prosperity and equal opportunity for...

Lagos State under Fashola have generated internally about N2 trillion, N592 billion from taxes alone, besides Federal Government Allocations, foreign and local loans, and other endowments for 4 years, i.e. N36 billion internally generated revenue every month which translates into N432 every year, for 4 years.

Libraries shouldn't have to beg their local governments or their patrons for extra cash just to meet New York State minimum standards when Erie County isn't providing enough revenue to keep the doors open the required number of hours.

«There was a decrease in gross statutory revenue of N626, 124,654.90 and N553, 342,409.08 for the state and local government respectively for the month of September compared to the previous month of August», the statement said.

For New York, that equates to a reduction in carbon emissions of an estimated half a million tons per year while bolstering grid reliability and providing critical revenue into local governments.»

The Senate Republicans» budget restores $ 280 million worth of education cuts proposed by Gov. Andrew Cuomo, eliminates $ 296 million in unfunded mandates for local governments and spend slightly less overall than the governor ($ 132.5 billion, to $ 132.9 billion)-- all without any new revenue generators (AKA taxes).

The duo will join Long Island Association President and CEO Kevin Law, Long Island Federation of Labor President John Durso in urging Long Islanders to vote «yes» on Prop. 1, and also will detail the $ 63 million worth of revenues for schools and local governments that Cuomo says will come to the area if non-Indian run casinos are approved.

This isn't Griffo's first foray into finding alternative sources of revenue for the state and local governments.

And that means potential casino revenue for local governments will receive a temporary shot in the arm.

Under the agreements, revenue, for the first time, will be shared with the surrounding local and county governments, as well as with the state.

Tenney has been a vocal opponent of the agreements struck by the state, local governments and the Oneida Indian Nation that created exclusivity clauses in exchange for the settlement of long - standing land claims as well as revenue sharing agreements.

For instance, Kano has 47 local governments but contributes nothing to the revenue of the country, while Bayelsa, which contributes a lot has only eight local governments.

When New Yorkers vote next week, they will see this proposal on the ballot, «The purpose of the proposed amendment to section 9 of article 1 of the Constitution is to allow the Legislature to authorize and regulate up to seven casinos for the legislated purposes of promoting job growth, increasing aid to schools, and permitting local governments to lower property taxes through revenues generated.»