Some upstate counties and cities have rates as low as 7 percent combined while New York City has a combined sales tax rate of 8.875 percent, which includes the 4 percent state sales tax, three - eighths percent Metropolitan Commuter Transportation District sales tax and 4.5
percent city sales tax.
Not exact matches
With
city data indicating that African - Americans have been charged with marijuana crimes twice as frequently as white residents, the Oakland City Council voted unanimously in March to allocate 50 percent of medical marijuana and cannabis sales permits to people affected by the war on dr
city data indicating that African - Americans have been charged with marijuana crimes twice as frequently as white residents, the Oakland
City Council voted unanimously in March to allocate 50 percent of medical marijuana and cannabis sales permits to people affected by the war on dr
City Council voted unanimously in March to allocate 50
percent of medical marijuana and cannabis
sales permits to people affected by the war on drugs.
The
City of Denver recently voted to slap a new 5
percent tax on marijuana, on top of its own 15
percent excise tax and 10
percent sales tax.
On such
sales, the
city would collect either $ 61.49 a square foot or 20
percent of the total cost of the air rights, whichever is higher, to go into an account to fund pedestrian and transit improvements for the area.
For example, a retailer based in New York that sells a product to a consumer in Chicago must factor in a 1.25
percent Chicago
city sales tax, a 1.75
percent Cook County
sales tax, the 6.25
percent Illinois
sales tax and a 1
percent «special»
sales tax.
Schools will get half of the
sales tax revenue; the county will receive 30
percent; and the county's 39
cities will get the remaining 20
percent.
Houston, the nation's fourth - largest
city, accounts for about 40
percent of auto
sales in Texas.
Sales of beer, wine and mixed drinks in Austin rose by 7
percent in March, a month that's traditionally lucrative for the
city's hospitality industry due to the South by Southwest festival.
Chicago's
sales tax rate will hit a whopping 10.25
percent next year, and just in time for Oscar Mayer to move into its new digs in the AON Center near Millennium Park, the Chicago
City Council passed the largest property tax increase in modern city hist
City Council passed the largest property tax increase in modern
city hist
city history.
At the time of
sale, Twin Oaks was 97
percent leased to tenants such as T.J. Maxx, Party
City, Dollar General, Hibbett Sports, Catherines, Leslie's Pool Supplies...
At the time of
sale, Twin Oaks was 97
percent leased to tenants such as T.J. Maxx, Party
City, Dollar General, Hibbett Sports, Catherines, Leslie's Pool Supplies and Jackson Hewitt.
Companies with a location in the KC Animal Health Corridor — which is a trademarked and Federally designated term — represent 56
percent of total worldwide animal health, diagnostics and pet food
sales, making Kansas
City the capital of the corridor.
Wine accounts for 85
percent of
City Winery's total beverage
sales and during one of its intimate concerts, selling 800 or even 900 glasses of wine from its collection of more than 400 SKUs is not out of the ordinary.
The 57 counties» collective Medicaid burden, $ 2.3 billion, equates to about 1.2
percent of taxable
sales outside of New York
City.
Last week, county Legislator Rich Gerentine, who chairs legislature's Ways and Means Committee, presented a proposal that would reduce the
city's share of the
sales tax money to 10
percent and the towns» to 2
percent.
According to this week's market reports, Manhattan rents dropped by 1.9
percent in November and
city - wide luxury home
sales are expected to hit new...
Dutchess County keeps about 82
percent of its
sales tax but distributes the remainder about equally between its numerous towns and two
cities.
State law requires that the
city to base property assessments on
sales of comparable properties and caps increases on assessments at 6
percent.
The property tax accounts for about 40
percent of the
city's revenue each year, twice as much as the personal income tax (about 20
percent) or
sales tax (roughly 14
percent).
The
city proposed to take a 20
percent cut of air rights
sales, which will be dedicated to public improvements.
The
city, benefiting from an economy that boosted
sales and income tax collections 15
percent since fiscal 2014, on Tuesday is selling $ 1 billion of bonds backed by that revenue to pay for capital projects.
If Poloncarz's Republican opponent, Assemblyman Ray Walter, wins the election and gets his way, town and
city governments will receive an average $ 166 per resident from the 8.75
percent sales tax — compared to the current $ 139.
The
city of Yonkers was authorized on Thursday to increase its
sales tax by one half of one
percent and impose a new occupancy tax for hotel rooms after Gov. Andrew Cuomo approved the home - rule legislation.
Overall,
sales tax growth in the fourth quarter excluding New York
City was only a 1.4
percent increase over a year earlier.
Troy Mayor Patrick Madden told
city residents non-renewal of the extra
sales taxes would equal a 10
percent property tax increase.
The results published on Monday in, «Back on Track,» a policy analysis of the issue, 75
percent of
city riders indicated that the
city should pay, and 69
percent said they were not opposed to using
city sales tax to cover the cost.
The legislation captures an infinitesimal six
percent of
city sales tax, for a one - time need, in order to make desperate repairs to a degraded subway system that serves its residents and businesses.
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.
Of the county's 8.75
percent sales tax rate, 4
percent goes to the state, and the remaining 4.75
percent is divided up among the county and its
cities, towns and villages using a formula that depends on various factors including where the purchases are made.
Stringer's office proposed a 10 -
percent state excise tax on marijuana
sales and a 25 -
percent excise tax in the
city.
Combined with the existing 4 -
percent sales tax, marijuana
sales could generate nearly $ 436 million in taxes for the state and $ 336 million for the
city, Stringer's office found.
The 5
percent surplus will be spread among 41
cities, towns and villages, deemed a credit positive by Moody's, the credit rating agency which released a report on the
sales tax revenue.
In addition, in the event that the county's authority to levy the existing one
percent sales - tax is not renewed by the state, the
city and towns will share that impact with the county in a 40/60 split.
Counties and
cities in Central New York saw increases, topped by an 11.55
percent rise in local
sales - tax revenue in Oswego County.
The county takes the position that having granted the
city and towns some $ 30 million a year in safety net and election expenses as agreed to under the 2014 one -
percent sales - tax extender, it needs money «to offset critical county expenses,» according to the joint release.
Utica
sales - tax revenues were up 4.18
percent to $ 10.1 million, Rome's rose 6.75
percent to $ 7.5 million, Ithaca's increased 6.41
percent to $ 11.5 million, and the
City of Oswego saw revenues climb 9.06
percent o $ 14.2 million.
This creative agreement provides for the
city's
sales - tax distribution to remain at 11.5
percent and the towns at 3
percent.»
It's going to come as no surprise that the
city's priciest properties are in Manhattan, but a new study shows the borough accounted for fully 86
percent of all home
sales for more than $ 2 million over the past three years.
RISE IN
SALES VOLUME AND PRICES IN ALL FIVE BOROUGHS DEMONSTRATES STRENGTH OF NYC»S RESIDENTIAL MARKET AND ECONOMY Bronx saw average price increases of 7 percent Demonstrating the significant upswing in the New York City residential sales market, all -LSB
SALES VOLUME AND PRICES IN ALL FIVE BOROUGHS DEMONSTRATES STRENGTH OF NYC»S RESIDENTIAL MARKET AND ECONOMY Bronx saw average price increases of 7
percent Demonstrating the significant upswing in the New York
City residential
sales market, all -LSB
sales market, all -LSB-...]
Kingston Mayor Shayne Gallo has estimated that failure to extend the temporary 1
percent sales - tax supplement, combined with Safety Net welfare and election costs, could cost the
city upwards of $ 5 million and result in 20 to 40 layoffs, including cops and firefighters, from the
city's workforce.
The mayor's statement comes after Bratton faulted illegal marijuana
sales last week for a 20
percent increase in
city homicides.
The Independent Budget Office came up with the figures in response to questions raised by Manhattan Borough President Gale Brewer, after Mayor de Blasio began prodding Albany to approve an added 2.5
percent tax on
sales of homes in the
city for $ 2 million and up.
During testimony on Gov. Andrew Cuomo's budget before the state Legislature, de Blasio is expected to propose a 2.5
percent property transfer tax for all residential
sales exceeding $ 2 million, according to details
City Hall officials provided Sunday evening.
The de Blasio administration is calling for an additional 1
percent tax on the
sale of homes in New York
City over $ 1.75 million, which would rise to 1.5
percent tax on
sales over $ 5 million.
She also said that none of the $ 39 million from the
sale had been given to the
city, which owned 49
percent of the property.
Only a half - dozen of 57 counties outside New York
City have kept their
sales taxes at 3
percent, according to state data, and now they aren't being allowed to raise it.
The Connecticut Conference of Municipalities, an association that represents most of Connecticut's towns and
cities, is hoping a 1
percent sales tax increase will be part of any budget agreement reached by state lawmakers.
Residents across the 10 - county Atlanta region including Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Fulton, Gwinnett, Henry and Rockdale counties, as well as the
City of Atlanta have the opportunity to vote on a referendum that would fund $ 8.5 billion in transportation improvements through a regional one
percent sales tax.
The county takes the position that having granted the
city and towns some $ 30 million a year in Safety Net and election expenses as agreed to under the 2014 1
percent sales tax extender deal, it needs money «to offset critical county expenses,» according to the joint release.
The deal puts a further onus on the
city - and - town shares should the 1
percent extension to the three
percent sales tax the county is allowed to levy, an extension that must be renewed by the state every two years, not get state approval.