Sentences with phrase «projected sales tax revenue»

While the money for the loan would come from better - than - projected sales tax revenue the city collected last year, it's uncertain it will ever be spent.

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

The gap between projected sales tax revenue and actual sales tax revenue since 2005 is over $ 70 million.

Mychajliw projects sales tax revenue will be down about $ 13 million this year because of lower gas prices.

Not exact matches

After accounting for the impacts of measures and adjustments, the Sales Tax revenue base is projected to grow at an average annual rate of 4.3 per cent over the forecast period, roughly consistent with the average annual growth in nominal consumption of 4.0 per cent over this period.

Sales Tax revenue is projected to rise based primarily on growth in consumer spending after adjustments for measures and prior - year amounts.

The project to beautify the arch grounds, redesign entrances and enlarge the underground visitor center drew such robust public support here that voters approved a 2013 local ballot proposition to finance the restoration with $ 85 million in sales tax revenue.

The budget projects $ 83 million in sales tax revenue — money the city makes per a favorable agreement with Onondaga County.

The Proposed Budget also notes an increase in sales tax collections, which are currently 2 % above 2017 budget expectations; in 2018, the Proposed Budget estimates sales tax revenue growth of 1.75 % over projected 2017 sales tax collections.

«A projected property tax cap growth at basically zero in 2017, combined with stagnant sales tax revenues, counties will not be able keep up with the rising costs of state mandated programs provided at the local level.

Projected losses in sales tax revenue — around $ 12 million, split between state and local — were accounted for in the state budget enacted last month.

It also said the project would increase state and local sales tax revenue and the county's room occupancy tax revenues.

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.

At that time, county leaders, the City of Cortland, and surrounding municipalities agreed to use sales tax revenue to help pay down the nearly $ 16 million dollar project.

«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.

SYRACUSE, N.Y. - Onondaga County Executive Joanie Mahoney is expected to make a case at Tuesday's «State of the County» address that sales taxes are a growing part of county revenue and a driving force behind project choices.

In doing so, he taps the fund balance for only about $ 10 million, while penciling in a modest 2.5 percent increase in projected sales - tax revenues.

The Nevele developers say the project, if approved, will generate hundreds of jobs, translating into about $ 100 million in local spending, increased hotel occupancy tax revenues, increased sales tax revenues and 10 percent of gaming tax revenues going to the town of Wawarsing, the village of Ellenville and Ulster County.

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.

From Soundings Trade Only: Florida took in nearly 10 times as much sales tax revenue on sales of tax - capped boats as the state projected in the first year of implementation of the Maritime Full Employment Act, which was signed in 2010.

Sales - tax revenues have been projected to rise slightly, despite a decline in usually more prosperous DutchessCounty.

Ken Volk, senior vice president at Macerich, said in a statement that «the Green Acres Mall project creates 670 construction jobs, more than 800 permanent jobs, and significant local sales tax revenue.

The Fiscal Policy Institute projects $ 26 million in one - time tax revenues and $ 57 million in annual revenue through license and title fees and vehicle, parts and gasoline sales taxes.

Between the cost of weddings and tourism — as well as revenue generators such as marriage license fees, sales and hotel taxes — the IDC projects an overall economic boost of $ 391 million.

«The comptroller recognized that this is a solid, responsible budget that holds the line on spending while conservatively and realistically projecting revenues, including sales tax,» Day said.

In addition to the TIFIA credit assistance, the $ 2.722 billion project is funded with $ 715 million in toll revenue bonds, $ 74 million in toll receipts, $ 144 million in state and local sales tax deferrals, $ 547 million in state fuel taxes, $ 819 million in Direct GARVEE bonds, and $ 124 million federal formula funds.

In addition to the TIFIA loan, project funding sources included $ 38 million in CDOT Federal and State grants, $ 46 million in CDOT bridge enterprise funds, $ 44 million in regional Federal funds, $ 120 million in RTD sales tax revenue, and $ 4.8 million of the TIGER Challenge grant (the remaining portion of the $ 10 million TIGER TIFIA Challenge Grant funded the TIFIA subsidy cost).

The project is financed with a grant from the Federal Transit Administration, local Measure A transportation sales tax revenue for capital projects and a Bay Area Air Quality Management District grant for heavy duty zero - emission vehicles.

The $ 440,000 project, being paid for with sales tax revenue, has been scaled back a bit and won't be finished by year's end as originally planned.

For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based eRevenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exProject or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exProject (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exproject completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exProject, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based erevenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.

Funding the project hasn't been easy, but WaterWalk may get help from an innovative Kansas program that allows participants to use sales - tax revenue to cover the cost of site improvements.