Sentences with phrase «property tax increases of»

I live in a district which has over half the residents as renters and another quarter being senior citizens who receive senior star, and veterans exemptions so many individuals will be stuck with property tax increases of 5 - 10 % anyway.

«It has slammed the door on the massive, double - digit property tax increases of the past, and brought certainty to businesses and to taxpayers.

TREB says it is paying close attention to the city's 2008 operating budget, which proposes a residential property tax increase of 3.75 per cent, almost double the 2007 average Toronto inflation rate of 1.9 per cent.

Not exact matches

THE impact of a goods and service tax on property prices may be part of a driving force behind the increased levels of residential property sales, especially in the luxury bracket.

State and local governments saw a big jump in tax revenues in the final three months of 2017, due in large part to an increase in the prepayment of income and property taxes as some high - income residents sought to take advantage of deductions that will be sharply reduced in 2018.

Increase in property taxes are limited in most districts to the lower of 2 % or the rate of inflation, however, so rates don't change much year - to - year.

These will increase the adjusted cost base (ACB) of your property and could save you tax later if it turns out you can't fully shelter any gains on your property using the PRE.

Although buyers are protected from taxes for years prior to their year of purchase, buyers may insure a tax increase for the current and subsequent tax years if the assessors discover omitted property.

«We were particularly encouraged to see fiscal discipline in light of the continued economic uncertainty seen elsewhere in Canada and the world, the establishment of a commission on tax competitiveness to evaluate current taxation instruments like the provincial sales tax, and proposed changes to the property transfer tax to start addressing housing affordability by increasing the exemption threshold and introducing a third tax rate on higher - valued properties.»

The fund will pay for the increases in property taxes for residents who have lived in the area since at least 2016 so that they're not priced out of their homes.

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, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; 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 inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; 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 nations in which the Company operates; 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 that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.

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.

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, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products from other brands; the consolidation of retail customers; 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 inability to realize the anticipated benefits from the Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the business and operations of the Company in the expected time frame; 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 nations in which the Company operates; 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 that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; tax law changes or interpretations; and other factors.

Among them are the rights to: bullet joint parenting; bullet joint adoption; bullet joint foster care, custody, and visitation (including non-biological parents); bullet status as next - of - kin for hospital visits and medical decisions where one partner is too ill to be competent; bullet joint insurance policies for home, auto and health; bullet dissolution and divorce protections such as community property and child support; bullet immigration and residency for partners from other countries; bullet inheritance automatically in the absence of a will; bullet joint leases with automatic renewal rights in the event one partner dies or leaves the house or apartment; bullet inheritance of jointly - owned real and personal property through the right of survivorship (which avoids the time and expense and taxes in probate); bullet benefits such as annuities, pension plans, Social Security, and Medicare; bullet spousal exemptions to property tax increases upon the death of one partner who is a co-owner of the home; bullet veterans» discounts on medical care, education, and home loans; joint filing of tax returns; bullet joint filing of customs claims when traveling; bullet wrongful death benefits for a surviving partner and children; bullet bereavement or sick leave to care for a partner or child; bullet decision - making power with respect to whether a deceased partner will be cremated or not and where to bury him or her; bullet crime victims» recovery benefits; bullet loss of consortium tort benefits; bullet domestic violence protection orders; bullet judicial protections and evidentiary immunity; bullet and more...

As the budget deficits of the federal, state and local governments increase, the possibility of taxing church property also rises — despite the long history of tax exemption.

They have no familial memory of the Carter inflation, the property tax revolts, the failure of wage and price controls in the 1970s, the post-1964 increase in crime, or how «bracket creep» increased people's tax rates even as their purchasing power was declining.

A money shortage, caused by the failure of the state legislature to pass an income tax increase, has set off debate in Woodridge over the sale of 4.5 acres of school property.

But annexing the properties will increase the amount of real estate taxes paid to Glen Ellyn, and even the tax - exempt properties, like the high school and the churches, must pay the village's utility tax.

Property taxes, which would account for about 55 percent of the park district's total revenue in 2014 - 15, will increase slightly over the previous year, according to officials.

GLEN ELLYN — An 18.6 percent increase in the property tax levy is projected by Glen Ellyn Park District officials and the board of commissioners is expected to hold a public hearing on the proposal next month.

The District has worked with their bond consultants to formulate a bond structure that would increase the amount of property taxes that a $ 300,000 market value house pays to the Park District by $ 36 over current levels to retire this new debt.

Meanwhile, voters in south suburban Midlothian's Park District rejected a 25 - cent increase in the district's tax rate for each $ 100 of equalized assessed property valuation.

But funding for large projects is scarce because of property - tax caps that strictly limit the amount by which an Illinois taxing body such as a park district can increase its annual revenue, he said.

The Park District property tax increase, which still needs to be approved by the park board, is the latest example of Mayor Rahm Emanuel turning to a tax increase at a city agency under his control after publicizing investments and cost savings there throughout the year.

«The decision to increase property taxes was a difficult one, but it is necessary to maintain the financial health and stability of city's parks.»

The 12 homeowners will face an increase of about 5.5 percent increase in their property - tax bills.

Chiszar said voters who supported the tax increase referendum question that allowed the Park District to buy the area's last working farm wanted the land developed as a whole «unique piece of property.»

Officials estimate the tax increase will cost property taxpayers an additional $ 65 per year based on a home with a value of $ 250,000.

Cary Park Director Steve Cherveny said the referendum question will ask taxpayers to support a «25 - cent increase in the corporate fund,» which translates into an increase of $ 116 in property taxes for the owner of a $ 150,000 house.

Forming the park district would cost east side residents nothing for the first year, but will increase property taxes by an estimated 12 cents per $ 100 of assessed valuation during the second year.

The Glen Ellyn Park District is planning to build a $ 4.5 million aquatic facility at Newton Park as part of a series of projects to be financed through a proposed 17 percent increase in the district «s property tax rate.

Voters on March 19 gave a resounding thumbs down to the park district plan, which eventually would have increased property taxes for east side residents by 12 cents per $ 100 of assessed valuation.

Speaking at a public meeting in which the Park District's $ 385 million budget was unveiled, Laurence Msall, president of the Civic Federation, said the tax watchdog group supported the district's restraint in not raising property taxes and increasing employee contributions to health care costs, but was troubled by the «pension holiday.»

If the Park District Board goes forward with the project, residents will have the opportunity to vote on a property - tax increase that would fund construction of the center.

WAUKEGAN — The Waukegan Park District Board of Commissioners tentatively approved a lower tax rate for the coming year that still would increase property taxes slightly.

The proposed rate increase for boaters is a controversial part of the Park District's $ 394 million budget for 2007, which avoids a property tax increase for a second straight year.

Residents, who in March approved a property - tax increase to finance a 20 - year park renovation and expansion program, presented the Park District Board of Commissioners on Wednesday with a petition with 120 signatures supporting open space.

One point of contention is a $ 500,000 bond issue passed this fall by the park board just before a state - imposed cap on property - tax increases took effect Oct. 1.

The park board must seek voter approval for the increase because of the enactment of the Property Tax Extension Limitation Act by the state legislature on Oct. 1.

If approved, the measure would not increase property taxes going to the Park District because it is retiring bonds for the construction of its existing recreation center.

Responding to concerns over the loss of open space, the Park District bought the property, funded by a tax increase in 2000 and an $ 11.5 million bond sale in 2002.

Now the acquisition and demolition of the deteriorating property and the transformation of its 25 acres into athletic fields figure prominently in the $ 18.7 million in projects the Glen Ellyn Park District has decided to in the November election ask residents to finance through a tax - rate increase.

With 96 percent of the votes tallied Tuesday night, Park Ridge District 64 looked like it was heading for victory on a $ 23 million bond issue to build a new middle school and to upgrade technology, and on an education fund property - tax increase of 59 cents per $ 100 of equalized assessed valuation to pay for operating expenses.

For the average Arlington Heights home with a median market property value of $ 300,000, taxes would increase about $ 71 per year for the next 25 years, park district officials said.

Property taxes, which would account for about 55 percent of the park district's total revenue in 2014 - 15, will increase slightly over the previous year, according to...

«We would have to get a property - tax referendum of some kind — a bond issue or tax - rate increase — passed,» said Dan Garvy, director of parks and recreation.

Indeed, Cuomo could be a victim of his early and highly consequential successes — the history making legalization of same - sex marriage, a cap on property tax increases, a sweeping gun control law, an ongoing effort to restrain Medicaid growth — from his first term.

After an eventful four years as governor, Cuomo is running on his record of accomplishments: A property tax cap, the legalization of same - sex marriage, a sweeping gun control law and enacted budgets that have kept spending increases under 2 percent.

«With their leadership, we secured a record increase in funding for universal Pre-K, a fair budget for New York City, needed property tax relief for victims of Hurricane Sandy, and the changes we need to save lives and improve street safety.»

The measure would establish a school district and local government property tax levy cap that would limit tax levy growth to the lesser of four percent or 120 percent of the annual increase in the consumer price index.