Sentences with phrase «lost city revenue»

Not exact matches

The study states that every city with an NFL franchise stands to lose about $ 160 million in revenue ($ 20 million per home game), $ 5 billion total, and an aggregate of 115,000 jobs.

Though most states theoretically require consumers to track and pay sales tax on purchases even if the tax isn't collected by the vendor, that rule has gone largely unenforced, leading to billions in lost revenue for cities and states.

The protesters argued that the city's lost tax revenue directly impacts funds for public programs for the indigent.

Caesars Entertainment Corp., the world's biggest casino company and Atlantic City's biggest owner with four resorts, lost about $ 6 million to $ 8 million in cash flow from $ 25 million in revenue it would have expected at its New Jersey shore and Philadelphia properties, Chief Executive Officer Gary Loveman told CNBC today.

With a focus on disrupting the city's economy, the protests have forced the city to pay more than $ 3 million in police overtime and have led to lost revenue after a couple of major concerts were canceled.

As David Dayen wrote for The New Republic during the first round of the Amazon HQ2 sweepstakes, «[T] hey're worse than a zero - sum game between metropolitan areas; they're net - negative, because the corporation extracts the subsidy while cities lose revenue that would otherwise go to education or infrastructure investment to benefit the common good.»

The city of San Francisco will lose $ 58 million in tax revenue over the next decade if it passes a controversial measure to limit Airbnb listings to 75 days, according to an Airbnb study.

Think of the tax revenue the city is losing!

If the state were to divert those funds, the city would have to bridge the lost revenue either by making service cuts or taxing more heavily elsewhere.

«Given the prior impasse with the nation, the city should have reduced the amount of casino revenue used routinely for appropriations instead of increasing its reliance on it to balance the budget» state auditors concluded, further noting the city will lose its ability to even attempt to balance its budget with casino revenue if the current dispute is not resolved.

The city wants the state to move forward with private development of the tax - exempt land or compensate it for the lost revenue.

In a recent study, the Partnership for New York City found that congestion costs the city $ 20 billion annually in lost time and revenue; if nothing is done to «discourage cars and trucks from crowding the streets and highways of the region during the busiest times of the day,» that'll be a staggering hit of $ 100 billion to the city economy over the next five yeCity found that congestion costs the city $ 20 billion annually in lost time and revenue; if nothing is done to «discourage cars and trucks from crowding the streets and highways of the region during the busiest times of the day,» that'll be a staggering hit of $ 100 billion to the city economy over the next five yecity $ 20 billion annually in lost time and revenue; if nothing is done to «discourage cars and trucks from crowding the streets and highways of the region during the busiest times of the day,» that'll be a staggering hit of $ 100 billion to the city economy over the next five yecity economy over the next five years.

The city is losing about $ 10 million per week on parking ticket revenue because of the NYPD work slowdown, according to the Citizens Budget Commission.

Though New York City has lost tax revenue from the securities industry, property owners and hotels are picking up the slack when it comes...

Attorney General Eric Schneiderman and New York City Corporation Counsel Zachary Carter are seeking $ 180 million from Atlanta - based UPS, saying the cheap cigarettes increased smoking by New Yorkers while also costing $ 29.7 million in lost tax revenue.

Mr. Lanza's bill, meanwhile, would cost the city a whopping $ 3 billion in lost revenue, they said.

To compensate for that lost revenue, the city's property tax bills can be staggering.

The City of Poughkeepsie will lose $ 2 million in Dutchess County sales tax revenue in 2013, but that was not the topic when County Executive Marcus Molinaro sat down with Mayor John Tkazyik and Common Council Chairwoman Gwen Johnson on Tuesday.

Like other analysts of the gaming industry, he warns of the problem of casino saturation in the Northeast and points to the casinos in Atlantic City, Connecticut and Pennsylvania, which have steadily lost revenue in recent years.

Collins, during the recent health care debate, sought to shift the local costs of Medicaid outside of New York City on to the state, prompting Cuomo to threaten to impose a tax on counties to make up for the $ 2.3 billion in lost revenue to the state.

Tax revenues will also go up, as the city has already gained back two - thirds of the private - sector jobs that it had lost during the recession and should have them all back in 2013, the budget office projected.

When the bankrupt New York City Off - Track Betting Corp. abruptly shut down last Dec. 7, NYRA lost 11 percent of its net revenues — $ 16.1 million in 2010 — and had no hope of recouping the $ 20 million NYC OTB owed it.

Victor Bach, a senior housing policy analyst for the group, said, «It is a relic of a past time, costing the city an enormous amount of lost revenue while contributing very little affordable housing.»

The beverage industry, which stands to lose millions in revenue from the plan, says the city is stripping away choices from consumers and hurting small businesses.

The governor said he was compelled to veto the bill for several reasons: That state law prohibited him from signing the bill, that it would prompt other cities to clamor for a waiver on their fees, that such a change might be better suited during the annual budget process, and that bondholders might be put at risk due to revenues lost by waiving the fees.

The state intends to reimburse the authority for the lost revenue, according to the plan, which earned praise from the city's teacher union, the MTA and others on Tuesday afternoon.

Currently, city taxpayers claim the credit on their New York City income tax forms, and the state reimburses the city for the lost revecity taxpayers claim the credit on their New York City income tax forms, and the state reimburses the city for the lost reveCity income tax forms, and the state reimburses the city for the lost revecity for the lost revenue.

The bill, sponsored by Senate Housing Committee Chairwoman Catharine Young (R - Cattaraugus), would cost the city nearly $ 2 billion in lost revenue by capping the taxes of building owners who have already received abatements, administration officials said.

The Free Press reported: «She said the district got itself of out an $ 8 million deficit and while test scores were down in 2008, like other districts, the city lost 46 percent of its taxable value when the economy tanked, hurting revenue to the school district.»

That means if an owner of a property neglects to pay their property taxes or utility bills, the city or courts can seize and sell the property in order to recoup their lost revenue.

The Oakland Chamber of Commerce has said that sales have dropped 40 % at surrounding businesses as customers are afraid of being harassed going downtown (this also means lost revenue for the city in terms of sales taxes)

Wilson, Volusia County animal control manager, said the idea is an old one, but some cities don't want to lose revenue from the sale of their own tags.

If Atlantic City were to follow the editorial's advice, it would lose a beloved and revenue - increasing tourist attraction that local businesses also support.

Despite the adoption and boarding fees and other revenue sources, the city in 2012 lost $ 112,000 running the shelter.

We will never again attend your dog show, and your city stands to lose a lot of money in tourist revenue if people do not attend the show.

I especially resent the bloke who denigrates those who appreciate a view without an eco-totem pole casting flickering shadows and reflections, as well as low - frequency rumbles that surely all together must interfere significantly with someone's sensory acuity, their sanity, and their sleep (not to mention the lost revenue when tourists stop coming to get away from the industrial atmosphere of the cities, only to find that Northumberland has been thoroughly studded with these eco-industrial beasts!)

The Partnership for New York City, representing New York's leading corporate and investment firms, conservatively estimates that traffic congestion in and around the city costs the region more than $ 13 billion a year in lost time and productivity, wasted fuel, and lost business reveCity, representing New York's leading corporate and investment firms, conservatively estimates that traffic congestion in and around the city costs the region more than $ 13 billion a year in lost time and productivity, wasted fuel, and lost business revecity costs the region more than $ 13 billion a year in lost time and productivity, wasted fuel, and lost business revenue.

And Morrison even suggests a way that firms can make that offer without losing revenue: by funnelling work to lawyers in branch offices in lower - cost cities, with lower billing rates.

How would cities make up the revenue lost from issuing fewer traffic tickets?

The city's economy is mainly service - based, and it suffered significant revenue lost during the economic recession.

For example, if cities lose sales tax revenue to online transactions, will property taxes rise?

I know in Los Angeles there is a lot of talk of banning Airbnb, but the city could lose tens of millions in revenue.