Sentences with phrase «property sales tax revenue»

They will either use property sales tax revenue or they will issue debt in the form of bonds.

Not exact matches

It would do well to federalize the property tax, levied on land rent as the basic fiscal revenue, reversing the tax shift since the 1930s onto labor via income and sales taxes.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

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

With the 2 percent limit on local property - tax levies in place, Comptroller Tom DiNapoli said that local governments may need to rely more on sales tax revenue to balance their ledgers.

As localities adjust to the property tax cap, more may turn to sales tax revenues to fill in budget gaps.»

According to the report, the city has a general fund of $ 93 million, supported primarily by $ 33 million in property taxes, $ 21 million in sales tax, and $ 11 million in casino revenue.

«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.

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.

Westchester County bases most of its revenue on property taxes, whereas Warren and Saratoga Counties depend on strong sales tax revenue.

We have recorded sales tax growth and seen property assessments go up, which are both sources of revenue.

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.

For the rest of the budget, on the upside, the mayor's office expects to see increased revenue from sales tax, parking fees and property tax collection — thanks to the land bank, the agency tasked with handling the cities massive list of vacant properties.

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).

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

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.

Sales taxes make up about 40 percent of general fund net revenue for the county; while property taxes produced only 20 percent in 2014.

DiNapoli says cities are feeling the greatest pressure but suburban and rural areas are also hurting, as sales tax revenues shrink and the property values decline.

The report estimated home values would drop by 10 percent, meaning counties would stand to lose property and sales tax revenue.

Revenue — Most of the city's revenue comes from sales tax, state aid and propertyRevenue — Most of the city's revenue comes from sales tax, state aid and propertyrevenue comes from sales tax, state aid and property taxes.

Many of the City's historical major revenue sources, such as sales taxes, mortgage taxes, building permits and State aid, have been negatively impacted by economic conditions, necessitating greater reliance on the local property tax.

That is the year Mahoney started to rely less on property taxes because she held back the share of sales tax revenue the county shares with the towns and villages.

The city estimated only modest increases in tax revenue, because of lower revenue from income taxes and real estate sales taxes, offset by a rise in property tax receipts.

«IOGA of NY calls on the agency to also determine the full negative impact this delay has had on the state, especially the Southern Tier by examining lost sales, income and property tax revenue; outward job migration and jobs lost to other states; how the higher cost of fuel has impacted business growth in the state; and how many foreclosures could have been avoided.»

In years prior over-projection of sales tax revenue caused the county to fall into a $ 130 + million deficit, even as property taxes were increased over 50 percent.

While property tax revenues are strong and increasing, other streams, like personal income and sales taxes, are virtually flat, and transaction taxes have decreased (all Q1 FY17 over Q1 FY16).

Third, the amount is misleading given the County local share of that program can come from many local revenue sources, including Sales Tax, Residential Energy Tax, Hotel / Motel Occupancy Tax, County Mortgage Tax as well as Real Property Taxes.

In addition to hosting million - dollar homes with boat access, the area is close to the city's entertainment hub, the Gulfstream Racing and Casino Park, which helps provide Hallandale Beach with substantial revenue from sales and property taxes.

They also say the proposal does not tell voters that the bonds will be paid through higher local property taxes if sales tax revenues are insufficient.

Most state and local government revenues come from sales taxes, grants from the federal government, personal income taxes, and property taxes.

Local revenues come mainly from the personal - property tax and local sales taxes.

After moving dramatically to abolish property taxes as a source of funding for the schools, lawmakers last year decided to give voters a choice for replacing the lost revenues: either a two - cent sales - tax increase, to be considered in a March 15 referendum, or an income - tax hike, which will go into effect automatically if the sales - tax rise is rejected.

State revenues dampen interdistrict inequalities but, since they typically derive from sales and income taxes, these revenues are also more closely linked to economic fluctuation and more volatile than property tax receipts.

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...

Local revenues, like property and sales tax receipts, were factored in to the numerator of this formula.

If more revenue comes from property tax which, generally speaking, is a more stable stream than sales and income tax that comprise so much of the State's GF, the district will have less exposure to decreases in state - supported LCFF funding.

Funding for the FEFP combines state funds — primarily generated from sales tax revenue — and local funds — generated from property tax revenue.

Figures released by the Revenue Estimating Conference reflect a sharp decline in property taxes and an unexpected reduction in sales tax reducing per pupil spending to a shocking $ 6,400.

The proposed charter school funding change would no longer allow for the practice of some districts keeping supplemental property taxes or sales tax revenue that's distributed using the ad valorem method for traditional public schools within their own taxing jurisdiction.

Local revenues for schools are primarily derived from property taxes, while states rely on a variety of taxes, most prominently sales and income taxes.

Other states use a variety — and in some cases a combination — of different methods, from general fund revenues to sales, property or other special taxes or lottery proceeds to pay for school construction.

In Vermont, revenues from property taxes, sales taxes, the state lottery, Medicaid reimbursement and the general fund were placed into a state education fund that could not be used for other purposes.

A decline in housing prices affects the overall economy through a decline in property - related public sector revenues, either from a decline in property or land transfer taxes or from indirect channels through lower income and sales taxes.

Rating agencies look into the municipality's financial solvency including sales tax, property tax and investment revenue as well as other financial information and then rates the school bond issuance.

The sale of Conrad Black's Toronto mansion has been put on hold after the Canada Revenue Agency placed liens against the property for $ 15 - million in unpaid income taxes, according to documents obtained by The Globe and Mail.

CRA Requirements — Canada Revenue Agency will require all taxpayers to report the sale of property or properties where the Capital Gains Tax exemption is claimed as a principal residence.

If you were in a 30 % tax bracket you would end up owing $ 3,750 in capital gains tax on the sale of this property ($ 25,000 / 2 = $ 12,500 x 30 % = $ 3,750), leaving you with $ 721,250 of untaxed revenue (assuming no mortgage and not including real estate transactional fees).

For example, if Canada Revenue Agency registered a mortgage against the property, the property would be subject to that mortgage even after the tax sale.

Section 1031 of the Internal Revenue Code states that, «Whenever you sell business or investment property and you have a gain, you generally have to pay tax on the gain at the time of sale.

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 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.