Sentences with phrase «property taxes dollar for»

«For every dollar that would go out in voucher program I would have to cut that exact amount out of the Pardeeville budget, which would impact students, plus increase property taxes dollar for dollar,» Knitt said.

Not exact matches

In addition, your mortgage interest expense and property tax both have a dollar - for - dollar value in reducing your taxable income.

Two hotly debated «pass the pool» referendum measures were sunk in 1997 by voters who did not want higher property taxes to pay for a proposed multimillion - dollar family aquatic center on Park District land at Hunt Club Park on Hunt Club Road.

By increasing spending with no way to pay for it, Democrats have created an unbalanced budget that includes no relief for property taxpayers and continues to cut the STAR property tax relief program by millions of dollars.

Mansion Tax is imposed on each conveyance of residential real property when the consideration for the entire conveyance is one million dollars or more and the premises is being used in whole or in part as a one, two or three family house, or a condominium.

Previous ads cite Faso's record of results as an innovative leader, notably his efforts to enact balanced state budgets, push for a property tax cap and his role in creating New York's STAR program, which saves taxpayers millions of dollars each year.

Thousands of Nassau property owners who had not challenged their assessments since County Executive Edward Mangano overhauled the process in 2010 filed appeals this year, raising the prospect of millions of dollars in savings for them and an even larger shift in tax burden from those who appeal to those who don't.

Collins said Saturday that the state - required Medicaid share for Erie County is $ 203 million dollars or about one thousand dollars per homeowner in property taxes.

This property has since become one of the world's «premier destination [s] for wealthy foreigners with rubles, yuan, and dollars to hide,» largely due to the tax breaks it receives: the anonymous purchaser of a $ 100 million duplex in that building will need to pay a property tax bill with «an effective rate of 0.017 percent of its sales price.»

Mayor de Blasio, for instance, pays just over $ 7,000 in property taxes on the two multi-million dollar houses he owns (and rents out) in Park Slope.

So I am finding situations in my district where not - for - profit organizations and their landlords, the way they structured their leases was that the landlords would pass off the property taxes to the not - for - profit organizations, and as taxes are going up... many of these not - for - profit organizations are finding that they can't keep pace, and some are seeing increases of ten, fifteen, twenty thousand dollars a year.

Five luxury high rises in Manhattan are now eligible for tax breaks — estimated to cost New York City tens of millions of dollars in property taxes.

County Executive Steve Bellone said the tax bill would be a catastrophic multibillion - dollar tax increase for Long Islanders, driving down property values, and resulting in residents fleeing the region.

The ad goes on to cite Faso's record of results as a leader, notably his efforts to push for a property tax cap, which his opponent is against, and his role in creating New York's STAR program, which saves taxpayers millions of dollars each year.

But, Onondaga County Executive Joanie Mahoney says every single dollar Onondaga County receives from property taxes goes to the state, due to a series of programs for which counties are required to pay the state.

The budget includes a multi step plan that could lower property taxes, $ 340 million dollars for schools to start pre-K programs, and a limited test program for public campaign financing.

In October, the Syracuse Post-Standard reported that two landlords received more than $ 400,000 in government aid for rent while neglecting to pay over a million dollars in property taxes to the city.

Tax levies are total dollars collected for schools, towns and other local governments through local property taxation.

Medicaid alone accounts for nearly every dollar — or 98 percent — of property tax collected in Erie County annually.

New York State Senate Majority Leader John Flanagan wants to extend the state's property tax cap to New York City — saying such a move would have provided «multibillion - dollar savings for the people of the city of New York» if implemented over the past five years.

The county executive, Marcus J. Molinaro, said he wanted to use any savings from the Faso - Collins amendment to lower property taxes «dollar for dollar.»

The county and city could, at times, be giving up tens of thousands of dollars in back taxes for a property compared to maybe several hundred dollars in sewage fees.

The move infuriated Miner and other critics who said Congel promised far more than he delivered in exchange for a deal that will save him hundreds of millions of dollars in taxes on the single most valuable property in the city.

Recently, Bill and I have been working together to drum up support for a brilliant idea of his to reduce community college chargebacks from other counties that add millions of dollars to our Erie County property taxes.

The governor is expected to detail a more than $ 2 billion dollar tax cut plan that includes business tax reductions and a multi stepped plan to freeze property taxes for two years.

The home value in Brooklyn is more than triple that of Sullivan County, for example, but the property tax bills are within a few hundred dollars of each other.

But during his trial, Silver was found to have arranged payments from developers to a law firm that handled property tax appeals for real estate companies, yielding hundreds of thousands of dollars in fees for the speaker.

The 30 - second spot, called «Began,» will air on broadcast, cable and digital market areas throughout the district.Previous ads cite Faso's record of results as an innovative leader, notably his efforts to enact balanced state budgets, push for a property tax cap and his role in creating New York's STAR program, which saves taxpayers millions of dollars each year.

The Cuomo administration has offered developers and union officials a wage subsidy for construction workers in the hopes of reviving 421 - a — a dormant program that has generated thousands of apartments for poor and moderate - income New Yorkers, and saved property owners tens of millions of dollars in property taxes.

«Property taxpayers paying for village, town and county services should not have their hard - earned tax dollars diverted to subsidize the M.T.A. through this payroll tax,» said Martins at the press conference.

Nearly every dollar of Erie County property taxes goes to pay for the county's Medicaid bill, which totals more than $ 211 million each year.

At least three casino developers are seeking hundreds of millions of dollars in property tax breaks for upstate gaming venues, in part because the...

Earlier in the day, Astorino blasted Latimer for «spending thousands of dollars to jet off to London for a rendezvous» while owing five years» worth of unpaid property taxes on a home in Rye that's owned by his wife, Robin.

And then there's Cuomo's economic platform — which, by the way, the W.F.P. signed onto in 2010 when it was begging Cuomo to endorse it — of a property - tax cap, reducing pensions for new public workers and cutting taxes, including some measures targeted at major banks and people with million - dollar estates.

The revenue generated by the travel and tourism industry translates to more than $ 500 in property tax savings for every county homeowner, while every dollar invested in tourism yields $ 32 in the local economy.»

More than 2.6 million New York property taxpayers who receive the School Tax Relief exemption will soon have to re-apply for the benefits as part of a massive state undertaking to root out fraud in the 1.9 billion dollar system.

Expressing vociferous criticism of the so - called tax - reform measure, he said it would be «a potential catastrophe,» amounting to a multibillion - dollar tax increase for Long Islanders, driving down property values, and resulting in residents fleeing the region.

As a result, property taxes for homeowners have increased by hundreds of dollars.

Other reforms Hawkins is calling for include a windfall tax on pharmaceutical companies» opioid wealth, a surtax on high - dollar pass - through income from LLCs and other pass - through vehicles, a clawback of the new federal tax cuts if not used to increase workers» pay, home rule for local income taxes, and tax credit «circuit breakers» to protect low - to - moderate income tenants and homeowners from unaffordable rents and property taxes.

Nine specific unfunded state mandates account for approximately 90 % of our county property tax dollars, with Medicaid alone accounting for roughly 65 %.

Carlucci said, «Working closely with Governor Cuomo, I voted to cut over $ 13 billion dollars from the state budget without raising taxes, pass a property tax cap, and cut taxes for middle class families to the lowest rate in 58 years.

Ironically, the federal dollars arrived before the recession - induced fiscal crunch hit local revenues from local property taxes, as it takes a year or two, sometimes longer, for depressed property to be assessed at its new, lower value.

Any alternative that calls for significant increases in expenditures for education, whether financed through increases in property taxation or through other sources of tax dollars, such as income and sales taxes, is certain to encounter political barriers.

If U.S. tax dollars are paying for the work that creates the intellectual property, that product should be made available for the use of U.S. taxpayers.

Walker also proposed a $ 211 million school levy credit for property tax relief and millions of dollars for rural school funding, including for technology and transportation.

On the heels of Tuesday's election, four Democratic legislators are planning a bill to give property taxpayers the final say on whether they want to be on the hook for tax dollars taken directly out of public schools to fund vouchers.

Voucher School Referendum Bill Four Democratic legislators are advancing a bill to give property taxpayers the final say on whether they want to be on the hook for tax dollars taken directly out of public schools to fund vouchers.

Regardless of the level of state aid, the continued reliance on local wealth means property - poor districts must continue to tax their residents at higher rates to obtain the same dollar amount for each pupil.

On average, the federal government contributes about 10 percent to the total amount spent on public education, but these dollars account for a larger portion of many high - poverty districts» budgets.11 For example, Los Angeles Unified School District and Chicago Public Schools — both high - poverty districts — receive about 15 percent of their budgets from the Education Department.12 These dollars serve essential purposes, such as supplementing services for low - income students, defraying the cost of individualized education programs for students with disabilities, and compensating for a loss of property tax due to federally owned lafor a larger portion of many high - poverty districts» budgets.11 For example, Los Angeles Unified School District and Chicago Public Schools — both high - poverty districts — receive about 15 percent of their budgets from the Education Department.12 These dollars serve essential purposes, such as supplementing services for low - income students, defraying the cost of individualized education programs for students with disabilities, and compensating for a loss of property tax due to federally owned laFor example, Los Angeles Unified School District and Chicago Public Schools — both high - poverty districts — receive about 15 percent of their budgets from the Education Department.12 These dollars serve essential purposes, such as supplementing services for low - income students, defraying the cost of individualized education programs for students with disabilities, and compensating for a loss of property tax due to federally owned lafor low - income students, defraying the cost of individualized education programs for students with disabilities, and compensating for a loss of property tax due to federally owned lafor students with disabilities, and compensating for a loss of property tax due to federally owned lafor a loss of property tax due to federally owned land.

Ending traditional school funding — especially the use of property tax dollars as a funding source for districts and schools (which account for 34 percent of school funding in the Wolverine State)-- would get rid of excuses traditional districts use to oppose all forms of school choice, keep poor and minority kids out of the schools they operate, and refuse to take on other systemic reforms.