Sentences with phrase «new sales tax revenue»

Mayor Steve Noble said this week that he expected a new sales tax revenue - sharing agreement between Kingston and Ulster County

Mayor Steve Noble said this week that he expected a new sales tax revenue - sharing agreement between Kingston and Ulster County to be in place before a June 30 deadline.

From that additional spending, the county would receive $ 500,000 or more in new sales tax revenue.

Not exact matches

A new report says state tax revenues increased in the final three months of last year as the improving economy boosted income and sales taxes receipts.

The latest figures on tax revenues from the Colorado Department of Revenue hit a new high in the month of August, with recreational sales totaling about $ 34.1 million, compared to $ 29.3 million the previous month.

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.

PepsiCo — which announced rising sales, increased organic revenue and a higher quarterly profit last week — revealed sales in Mexico were down 3 percent, in part due to new taxes on junk food.

Sales tax revenue generated by the new stores is seen as a major boost for Long Grove, which levies no property tax.

With sales tax revenues stagnating at between $ 700,000 and $ 750,000, officials in Cary have been concerned about ways to build new revenues.

The Independent Democratic Conference on Monday rolled out a plan that would help fund repairs to the New York City subway system through sales tax revenue.

State Senate Republicans aren't ready to embrace congestion pricing, but they are prepared to seize a portion of New York City's sales tax revenue to help fund the MTA.

Some were surprised to hear that Erie County is one of the few counties in New York State that shares sales tax revenue with local districts, providing these districts with nearly $ 137 million between July 1, 2016 and June 30, 2017.

Each also acknowledges that boosting sales tax revenues by spurring new economic development will take years.

For months, arguments raged among city councilors, county legislators and other politicians over whether the promise of new jobs and enhanced sales tax revenue was worth giving up certain property taxes.

Illicit marijuana sales in New York are estimated at $ 3 billion, and an official study by City Comptroller Scott Stringer in 2013 found that potential tax revenue for the state would likely exceed $ 400 million, if an adult - use marijuana market was legalized in New York City.

More projected sales tax revenue for the City of Syracuse could mean some new programs, including seed money for a new downtown senior center.

In addition to taxes, the city is banking on $ 1 billion in new revenue from the sale of new taxi medallions, which can only be achieved through controversial legislation the governor has yet to sign.

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.

ALBANY, N.Y. — Local sales - tax revenues rose across much of New York in 2017, state Comptroller Thomas DiNapoli reported Tuesday.

If passed, registration fees, sales taxes and gas taxes would add an estimated $ 57 million in annual state and county revenues, according to the New York Immigration Coalition, an advocacy group.

East End police departments and villages across Suffolk County will benefit from a collective $ 6 million in sales tax revenue over the next three years, thanks to a new agreement announced by County Executive Steven Bellone during a press conference at Southampton Town Hall Wednesday afternoon.

During the presentation, panel chairman Richard Halverson, a former assistant deputy director of the New York City Financial Control Board, said the main cause of the county's deficit is the economic downturn, which created slumping sales tax revenue.

According to New York State Comptroller Thomas DiNapoli, sales tax revenue in Cortland County totaled $ 28.8 million in 2017, up 5.61 % from 2016.

One week after County Executive Mike Hein and Kingston Mayor Steve Noble announced a deal for a new five - year sales tax revenue sharing agreement, members of the Common Council said they were still trying to understand the complex, multi-faceted pact.

Moody's also expects the host municipalities to see increases in local property tax bases driven by the new construction and the growth in sales revenue

DiNapoli's office found cited the start of a new debt structure propped up by the state's sales tax revenue that would allow for new borrowing methods by public authorities that are done so without voter approval.

The results indicate a stalling economic recovery in upstate New York, where full - year 2013 sales tax revenues rose 1.64 %, down from full - year growth of 3.46 % in 2012.

Almost half of the counties in New York saw a drop in their sales tax revenue last year, according to the state Association of Counties which said the trend should serve as a «red flag» for potential budget challenges ahead.

«With the growth of Canadian tourists and other guests from beyond the Syracuse area, largely driven by the success of Destiny USA, this project will provide additional sales tax revenue, room occupancy taxes and create new construction and permanent jobs for area residents,» the statement said.

De Blasio is also currently battling to get Gov. Andrew Cuomo and the Republican - run State Senate to back his proposal for a «mansion tax,» a new levy on home sales over $ 2 million, which he hopes would provide new revenues for senior housing.

He vowed to fight for the mansion tax on residential property sales of at least $ 2 million to provide revenues for low - cost senior housing and the millionaires tax to fund subway repairs and reduced fares for low - income New Yorkers in Albany, which he called «crucial initiatives» going forward.

Mr. Cuomo has other plans to generate revenue, including changing New York's online sales tax law, which currently requires large online marketplaces like Amazon and eBay to collect sales tax on behalf of the state on shipments to New York buyers if the seller is also in New York.

As Albany debates extending and perhaps expanding a tax on New Yorkers who earn more than $ 1 million a year, Mr. de Blasio suggested imposing a «mansion tax» of 2.5 percent on residential sales of more than $ 2 million in New York City and using that revenue to provide rent subsidies to 25,000 seniors.

The comptroller's office used survey findings and figures from Colorado and Washington, which started allowing marijuana sales in 2014, to estimate how many New Yorkers smoke pot regularly, how much they would spend if it's legalized and how much tax revenue those sales could generate.

The new sales - and - use tax cap generated in excess of $ 13.46 million in direct sales tax revenue for the state, compared with a $ 1.5 million first - year loss that a Florida legislative staff analysis had projected.

Only one county in New York saw a year - over-year decrease in local sales - tax revenue.

Counties and cities in Central New York saw increases, topped by an 11.55 percent rise in local sales - tax revenue in Oswego County.

Overall, sales tax revenue in New York increased for the first half of this year, but revenues were mixed across the state.

Paterson contends that the vetoes helped put the spending plan in balance but he still needs legislation allowing new sources of revenue such as a sales tax on clothing.

Sales tax revenue is down for almost half of New York state's 64 counties.

In passing the revenue bill, Senators put their stamp of approval on more than $ 800 million in new revenue, including the re-institution of a state sales tax on clothing and shoes under $ 110.

Ari Hoffnung told lawmakers that more than $ 400 million dollars in revenues could be generated each year, from an excise tax based on 20 % of the price of an ounce of pot, as well as new sales taxes.

A majority — 53 % — of registered New York City voters disapprove of Mayor Michael Bloomberg's proposal to increase the city's sales tax to 8.875 % while 42 % approve of the idea to increase city revenues this way.

The New York State Association of Counties is concerned about sales tax revenue reports indicating negative growth in the second quarter.

He suggested that the city would have until June, when the sales - tax agreements must go to state officials, to hammer out a new revenue - sharing scheme.

The new wrinkle is the administration's heavy reliance on what is called mandatory spending, which would fund a specific program using revenue generated by the sale of a government asset, such as oil in the strategic petroleum reserve, or a particular tax or license fee.

While stopping short of pledging that any new revenues would be used for school reforms, Gov. Booth Gardner told members of the Washington Education Association that «we need a balanced tax structure in this state which is some combination of income, sales, and property and which is responsive...

Under the new Senate bill, public schools would have to share additional federal funding, gifts and grants, sales tax revenues and other funding.

woodenboat → Toyota wikipedia → Publication 510 (032018), excise taxes internal revenue → Autoblog new cars, used cars for sale, car reviews and news →

New HST for Ontario & British Columbia, Effective July 1, 2010 The provinces of Ontario and British Columbia have each enacted legislation to implement the harmonized sales tax (HST), which will come into effect beginning July 1, 2010 and will be administered by the Canada Revenue Agency.