Sentences with phrase «remain under the tax cap»

«Credit is due to Councilman Packer for analyzing the budget and recommending areas that can be reduced in order for the town to remain under the tax cap,» Leggett said.

Hyde said she full expects the town to remain under the tax cap.

Not exact matches

Those payments, unlike direct salary, don't have to be reported on your personal tax forms as wages, as long as they qualified as legitimate business expenses, and remained under the IRS's per diem cap rules.

The governor also is justifying the circuit - breaker credit on the grounds that, because it is linked to the tax cap, it will create an added incentive for localities to remain under the cap.

NYSUT was back in court today, continuing its battle against the state's property tax cap and in a newer twist, the rebate that goes to homeowners whose school districts remain under the cap.

The county would absorb the remaining $ 3.6 million this year in order to stay under the tax cap.

Members of the Town Board had publicly signaled their reluctance to raise taxes past the tax levy cap, which would not only add more than $ 100 to the average tax bill but also cancel a tax credit residents get when their municipalities remain under the cap.

QUEENSBURY Warren County Budget Officer Frank Thomas said if the county can raise taxes while remaining under the cap, it should do so.

CHESTERTOWN After considering several proposals that would break the tax cap the Chester Town Board voted to adopt a 2108 municipal budget that will remain under the cap.

The tentative spending plan, released late last month, shows that the county is poised to remain under the state tax cap for the seventh consecutive year.

Still, Cuomo remains proud of the property tax relief enacted under his administration, including the property tax cap that, while good for taxpayers, has left some local governments and school districts scrambling to constrain spending despite rising health care and pension costs.

Kindly note that units allotted under each SIP of ELSS tax saving fund (s) are locked for 3 years and advisable to remain invested in equity funds for little longer period (especially investments in Mid cap fund).

Under the new tax law, all mortgage interest on a loan under the $ 750,000 loan amount cap that is categorized as acquisition indebtedness — i.e. the funds were used to buy, build, or improve your home — remains tax deductUnder the new tax law, all mortgage interest on a loan under the $ 750,000 loan amount cap that is categorized as acquisition indebtedness — i.e. the funds were used to buy, build, or improve your home — remains tax deductunder the $ 750,000 loan amount cap that is categorized as acquisition indebtedness — i.e. the funds were used to buy, build, or improve your home — remains tax deductible.