Sentences with phrase «raised by property taxes»

The total cost of providing government services minus total revenues from all other sources such as state aid and user fees equals the amount of money to be raised by property taxes.

B is all non-property tax revenue and C is the amount of money needed to be raised by property taxes.

Not exact matches

Perry also had an uneven record on taxes, cutting them for property owners, but raising them for small business owners by broadening the state's franchise tax base.

Cities and states will preserve their credit ratings by annulling their pension obligations to public - sector workers, and raising excise and sales taxes — but not property taxes.

And 68 percent voted down a companion measure that would have raised the Park District's corporate fund property tax rate by 10 cents per $ 100 of assessed valuation to operate the new facility.

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.»

The committee, which has members from the Park District Board of Commissioners and the Village Board, started meeting five months ago to study ways the two boards can work together to pay for family recreation other than by raising property taxes.

They've attacked him for raising property taxes by 46 % as a Westchester County Lawmaker and blasted him for voting against Governor Cuomo's 2 % property tax cap.

If the property tax were applied to properties owned by companies, trusts and foreign owners, it would probably raise at least # 26 billion (an amount equal to the yield from council tax in 2012 - 13).

But most of those taxes are not levied by the county, and Astorino has kept a 2009 campaign promise not to raise county property taxes.

But they're only Cuomo's schemes to compensate for local income and property taxes that, according to Cuomo's office, were raised 20 - 25 percent across the state by the act.

Districts are restricted in the amount of local revenue they can raise to fund school programs by state property tax caps, which took effect in 2012.

The mayor described the cut in the tax rate as an effort to «cushion the impact of Southampton Town's recent reassessment of village properties, which raised total assessed values in Sagaponack by 20 percent since last year.»

If we did as some have suggested and paid the increasingly inflated retirement costs upfront, either government would be financially crippled or we would have to raise property taxes by nearly 50 % over 5 years.

These include Amendment 1, an expansion of the homestead property - tax exemption, and Amendment 3, a requirement for two - thirds votes by future legislatures when raising taxes or fees.

After staying below the 2 percent property tax cap for several years, Utica's mayor is proposing a budget that would raise taxes by 7.8 percent.

Furthermore, if we used the logic that the Astorino campaign used last year against Latimer, then Killian has raised property taxes in the City of Rye by a total of 20 %.

The state's tax cap, which exempts New York City, makes it difficult for localities and school districts to raise property taxes by more than 2 percent or the rate of inflation, whichever is lower.

Instead of doing good, Diaz took big checks from insurance lobbyists and stuck Floridians with higher rates; Diaz used his office to enrich himself while raising property taxes by $ 500 million — increasing the cost of living for Miami homeowners.

By taxing properties worth over # 2m at one per cent annually, it would raise about # 2bn for the treasury.

During the Dec. 4, 2012 budget vote, Republicans Kevin Hardwick, John Mills and Edward Rath; Democrat Tom Loughran; Conservative Joseph Lorigo and Independent Lynne Dixon proposed and confirmed a budget amendment package to reduce the $ 1.4 billion budget by approximately $ 8.5 million, the amount slated to be raised by a 3.4 percent property tax hike.

The county has raised property taxes by 4 to 5 percent each of the past two years, with a tax increase of 5.35 percent expected in 2018.

The New York State Senate recently passed legislation carried by Independent Democratic Conference member Senator Diane Savino, which would raise the income cap for SCHE / DHE to $ 50,000 for a full 50 % property tax exemption and to $ 58,400 for a partial exemption, which will provide much - needed relief to New York City homeowners.

Sources close to the governor said they were confident the budget will include another plan to raise money for cash - strapped MTA by retaining a hefty portion of the new tax revenue generated when the city ups an assessment on properties in designated areas directly because of subway and rail service improvements in those areas.

Grimm charged that Recchia, as a council member, voted to raise property taxes by 18.5 percent and voted in favor of a congestion pricing plan that would have instituted an $ 8 toll on the Brooklyn Bridge.

STRONGLY SUPPORT THE PROPERTY TAX CAP TO PROTECT TAXPAYERS Westchester is a beautiful place to live and raise a family, but high taxes and increasing costs are making it harder and harder by the day.

He says the 2 percent property tax cap imposed by Cuomo and lawmakers last year means the city can raise just $ 3.2 million additional dollars.

«It is important that for seniors and disabled homeowners living on tight budgets we create an affordable New York by bringing real property tax relief by raising the income eligibility for SCHE and DHE to 2017 levels.

«This is John Faso's M.O — stand by while his fellow Republicans raise income and property taxes on his constituents, and then try to undermined efforts to protect New Yorkers from these vicious hikes,» he said.

«Similarly, the decision by Philip Hammond to raise the price at which a property becomes liable for Stamp Duty Land Tax (SDLT) to # 300,000 for first - time home buyers on properties up to the price of # 500,000 is also likely to prompt discussions over how Land and Buildings Transaction Tax (LBTT) can be adapted to support first - time buyers in Scotland.

«The Democrats raised taxes by 42 percent when they controlled the county legislature and are wasting taxpayer money with this frivolous lawsuit,» said County Attorney Carnell Foskey, citing a figure that encompasses several property tax hikes and a home energy tax that was later repealed.

He lowered state - level rates by merely pushing the costs of government down to the counties and towns thru endless mandates, forcing them to raise their sales and property taxes in turn.

New York State residents pay some of the highest property taxes in the nation, and Erie County needs to lead by example by reversing the trend and not raise taxes each year.

Many local governments, especially upstate, have been squeezed by declining populations and an eroded industrial base coupled with a cap on raising their property taxes as well as a spike in required pension contributions.

Cuomo has limited rising property taxes by capping how much local governments can raise them.

It would allow schools, counties, towns, cities and other local governments outside New York City to raise their property taxes by no more than 2 % a year or the inflation rate, whichever is lower.

Nevertheless, the WFP's overtures presented him with a new dilemma: His «New Democratic Party» platform includes a pledge not to raise taxes and a promise to enact legislation capping future increases in local property taxes that directly contradict WFP tenets which seek more funding for education and social welfare programs by raising taxes on the wealthy.

Districts must report projected levies to the comptroller each year by March 1 under the state's tax - cap law, which also restricts the amount of revenue that they can raise through property taxes.

The City Council now has to review the mayor's budget and propose increasing property taxes as high as 4 percent, and perhaps raise other revenues to try and restore some of the proposed job cuts — or it can abide by the mayor's spending plan.

ALBANY — Bill de Blasio's first trips to Albany this year were like walking into a buzz saw: First, the New York City mayor was confronted by a proposed state budget that shifted millions of dollars of costs onto his books, and then he was grilled by Republicans who wanted to impose a cap on his ability to raise property taxes.

School tax levies — that is, revenue raised through local property taxation — will rise next year by an average 2.78 percent in Suffolk County and an average 2.42 percent both in Nassau County and statewide, according to figures from public school districts released last week by the state comptroller's office.

«Jeff Klein and his fellow Senate Democrats raised taxes on New Yorkers by more than $ 14 billion dollars the last two years, cost the state tens of thousands of jobs, took away billions in property tax relief from homeowners and spent taxpayer money like drunken sailors.»

Mayor Paul Dyster proposed a spending plan for next year that would raise the tax rate for commercial properties slightly and the residential property tax rate by less than 2 cents per $ 1,000 of assessed value.

During the debate, which was sponsored by the Long Island Association, Mangano touted the fact that he has not raised property taxes while Suozzi said the county's debt has grown under Mangano's watch.

Brodsky says if you look at Cuomo's policies, he's fiscally conservative on issues like curbing state spending and capping property taxes, but socially liberal on items like raising the minimum age, defending women's reproductive rights, and offering free tuition at public colleges, an idea first proposed by 2016 Democratic presidential challenger Bernie Sanders.

The way the mandated $ 10 million payment to reduce the deficit in this budget was covered was by raising the County property taxes by 2 % and $ 8 million was achieved by permanent cuts in the operations of the County.

A report released by the city Independent Budget Office has raised questions about the potential effects of the so - called «mansion tax,» a proposed part of Mayor Bill de Blasio's affordable housing strategy that would levy a 2.5 percent surcharge on the sale price over a threshold of $ 2 million for residential properties.

Since 2011, Fulton has raised its tax rate by more than 15 percent to make up for a decline in property values.

3) Property taxes will be raised by only 2 % within the State mandated guidelines following raises of 31.38 % in 2012, 18.43 % in 2013 and 10.38 % in 2014.

The vote was to impose a budget that raises the local property tax levy by 9.8 percent (triple the New York state average).