Sentences with phrase «local taxpayers $»

Kiggens says a full blown primary costs local taxpayers $ 100,000.

That program, also known as SNA, grows more costly every year, costing local taxpayers $ 7.8 million last year — more than 10 percent of their total property tax bill.

In Waterloo Region, this one shed could end up costing local taxpayers $ 20 million a year in higher construction costs.

Not exact matches

The city of Marlborough, Mass., recently estimated that it were it not for local commercial taxpayers, the average homeowner would see his property tax bill (now averaging $ 4,791) shoot up by $ 1,164 per year.

With the passing of the TCJA, the deductibility of so - called «SALT» (state and local) taxes is now capped at $ 10,000 for individual taxpayers.

But Brady said Republicans are considering the possibility of giving taxpayers an option to deduct $ 10,000 in state and local property taxes, income taxes or sales taxes.

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.»

If an itemizing taxpayer with a tax rate of 39.6 percent gives $ 100 to a local college, for example, that charitable deductible gift has an after - tax cost to the taxpayer of $ 60.40 because of the $ 39.60 reduction in his or her income tax bill.

Under the new law, taxpayers can only deduct $ 10,000 in combined property taxes and other state and local taxes (SALT) from their federal taxes.

Experts expect that other elements of the tax bill — including the near - doubling of the standard deduction and the $ 10,000 cap on property, state and local income taxes — will mean fewer taxpayers itemize.

The Arizona taxpayer described above has the same taxable income if she donates the $ 500 or not because the charitable contribution deduction and the deduction for state and local taxes are both below - the - line, itemized deductions.

Under Trump's plan, taxpayers can still deduct state and local property taxes, though this is capped at $ 10,000.

'' Premier Christy Clark claimed that the AGLG would help local taxpayers, but this survey shows that AGLG audits cost municipalities an average of more than $ 12,000 for little or no results,» said NDP local government spokesperson Selina Robinson.

This unjustifiably rewards high - tax states, and because deductions rise with income (they are worth 39.6 cents per $ 1 at the top, but only 10 cents or less at the bottom), it also rewards areas with more wealthy taxpayers, even holding state and local tax rates constant.

State and local income taxes, real estate taxes and sales tax: limits Itemized deductions to $ 10,000 on any of the above that taxpayers choose.

The new law will limit taxpayers» ability to deduct state and local taxes (known as SALT) to $ 10,000.

Local farmers and grape growers are vehemently against fracking and the region is a safe Liberal seat that became more complicated when the sitting Liberal Party MP, Troy Bell, resigned from the party in August after being charged with allegedly misappropriating $ 2 million in taxpayer funds.

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.

A bill introduced Thursday night by Sen. Simcha Felder would change the state's tax law in order to address the federal tax overhaul that caps the amount of money taxpayers can deduct in state and local taxes at $ 10,000.

As a taxpayer I am sick of paying for the unchecked growth of charters.I even got a flyer today offering a $ 100 incentive for those referring students to enroll in a local charter school.The charter school industry seems well funded enough to pay for all these ads — how about donating the funds for these ads to reduce local taxes — listen to local taxpayers!.

On Monday, de Blasio said reconstituting the Board of Ed and its 32 local school boards could cost city taxpayers $ 1.6 billion over the next 10 years.

«It simply doesn't make sense for local taxpayers to pay an extra $ 50 million to hold three primary elections and one general election in the same year,» he said.

Joined by local fire chiefs and nonprofit service providers, Martins stood on the grounds of the county fire academy in Old Bethpage and said the state - appointed Nassau Interim Finance Authority «owes the county taxpayers an apology» for spending up to $ 150,000 on a consultant's report listing $ 87 million in potential cuts.

Medicaid is the single largest cost to Erie County, costing taxpayers more than $ 1 billion annually, with a local share of $ 211.7 million in Fiscal Year 2012.

While Medicaid represents the single largest cost to Erie County, more than $ 211.7 million this year alone — the local share of more than $ 1 billion annually — prior administrations failed to take significant action to help reduce this burden on local taxpayers.

Backers of the framework said the loss of the state and local tax deduction would be covered by the plan's doubling of the exemption for single filers to $ 12,000 and to married taxpayers filing jointly to $ 24,000, and increase in child tax deductions.

«While Medicaid represents the single largest cost to Erie County, at more than $ 211 million this year alone, prior administrations have failed to take significant action to help reduce this burden on local taxpayers,» said Poloncarz.

The new federal tax law that caps state and local tax deductions at $ 10,000 sent officials in high - tax states like New Jersey scrambling to blunt the potential impact on taxpayers.

Suffolk County Executive Steve Bellone, a Democrat, said the bill would hurt Long Island taxpayers, many of whom pay more than $ 10,000 in state and local taxes — the new threshold for deductibility.

Cuomo said property taxes have been a major burden on taxpayers for a long time, but a change to the federal tax law limits what people can deduct on their state and local taxes to $ 10,000.

New York and New Jersey's governors signed orders allowing taxpayers to pre-pay local taxes before a $ 10,000 cap on state and local tax deductions goes into effect next year.

Jack Marth, a local community activist, noted that Espada has a staff that costs taxpayers $ 38,000 a month.

(Police overtime amounted to more than $ 9 million in local taxpayer expense last year.)

New York taxpayers are second only to California ($ 97 billion) in the total amount claimed as IRS deductions for state and local taxes — mostly because income and property taxes in the two states are generally higher than the rest of the nation.

An LIA study said ending the state and local deductions could cost Nassau and Suffolk taxpayers up to $ 2.5 billion per year while the state's Department of Taxation and Finance found that nearly 950,000 Long Islanders would be hurt financially from the change.

Cuomo said the new law is «even more critical» given a proposal by President Donald Trump to end deductions for state and local taxes, which Cuomo said could cost 950,000 local taxpayers a total of $ 4.3 billion, or $ 4,600 per taxpayer.

The $ 10.5 million energy and agricultural waste management project was funded by local, state and federal taxpayer dollars, including about $ 1.5 million that came directly from Cayuga County government's savings accounts.

Manhattan taxpayers had the nation's highest average deduction for state and local taxes ($ 24,652) while in the Syracuse area the average deduction was $ 4,057, according to a Tax Foundation study.

Cuomo said if local governments statewide can cut spending by even three percent, taxpayers could save $ 384 million.

WASHINGTON — The House Republican tax reform proposal would slash the state and local tax deduction affecting 91,041 taxpayers in Erie County, raising their taxes by an average of $ 2,884 a year, Gov. Andrew M. Cuomo said Thursday in an analysis of the proposal.

· Creating a pension reform plan that will save state taxpayers and local governments outside New York City $ 83 billion, and will save New York City $ 30 billion over the next 30 years; and

Taxpayers spent $ 1.4 billion over a decade to rebuild dozens of Buffalo's public schools, but how roughly $ 549 million of that was spent hasn't been specified, raising questions about how much profit the developer made and what kind of scrutiny a local oversight board exercised.

For the local governments that couldn't get the levy under 2 percent, the comptroller's auditors worked with ten municipalities to take «correction action» and save local taxpayers from being improperly billed $ 280,000.

Officials say that unless New York changes its tax code to delink it from the federal code, state taxpayers could see their tax burden increase by $ 1.5 billion — potentially worsening the pain to New Yorkers already dealing with the curbing of state and local tax deductibility.

While Erie County Comptroller Stefan Mychajliw and County Executive Mark Poloncarz are often at odds, they both look at the county's improved financial health — for which they both take credit — and question the long - term need for a local control board that costs taxpayers about $ 480,000 a year.

The town's spending plan is now $ 43.1 million, which calls for a 1.87 percent tax levy increase for local taxpayers.

New York taxpayers are second only to California in the total amount claimed as IRS deductions for state and local taxes - about $ 72 billion a year.

Eligible counties must be included in Federal disaster declarations · An additional $ 20 million included in federal disaster declarations distributed on an as needed basis · Permitting local government to let taxpayers impacted by the storms to pay their property taxes in installments

In high - tax states, officials have been focused on protecting taxpayers from the impact of a new $ 10,000 cap on deductions for paying state and local taxes.

At a speech given at Hofstra University, Cuomo announced a proposal for a new, less generous pension system for future state, local and school employees that is designed to save taxpayers $ 93 billion over 30 years, according to two officials briefed on the plan.