Sentences with phrase «remaining under the cap»

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.

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.

With only 25 schools remaining under the cap in New York City, advocates have been building momentum in recent days for an elimination of the cap by the State Legislature prior to the end of the legislative session in mid-June.

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 Sauvignon Blanc, Pinot Grigio and Chardonnay wines are closed with screw caps, while the Cabernet Sauvignon remains under cork.

Over the next five seasons (when he would again be eligible to become a free agent) Hill could earn $ 56.25 million if he remained with Detroit, or $ 54 million if he jumped to Orlando or Chicago, the only teams that now have enough room under the cap to offer him the maximum salary.

Winterburn, who earned over 500 caps with the Gunners and played under manage Arsene Wenger, stated that he believes the Frenchman should remain for at least two more years.

McGinn, 22, came on for Armstrong with five minutes remaining to win his fourth cap and is still battling for a starting place under Gordon Strachan.

In doing so, State education spending will remain under the school aid cap while providing all districts with sufficient funds to provide a sound basic education.6

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

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.

At present, the maximum allowed statewide is 460, and the city's remaining available allotment under the cap is 25.

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.

(4) Notwithstanding any general or special law to the contrary, if a district qualifying under paragraph (3) is no longer in the lowest 10 per cent, the net school spending cap shall be 9 per cent; provided, however, that if the board of elementary and secondary education previously approved a higher level of enrollment for a charter school in the district while the district was in the lowest 10 per cent, the net school spending cap shall remain at the level necessary to support such enrollment.

It also continues to leave struggling Parent PLUS borrowers without an option for repaying such loans at the 10 % payment rate; the best income - driven option for Parent PLUS borrowers remains to consolidate and repay at a capped 20 % rate under the older Income Contingent Repayment («ICR») plan.

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 Income - Based Repayment program, the monthly payments for those who decide to enroll are capped at 15 % of their incomes and after a period of 25 years, any remaining balance (debt) will be forgiven.

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.

They were $ 1,300 for the pair, and since I was well under the 5,000 PQM annual cap, I knew I would quickly earn the remaining PQMs without any unnecessary expense.

Under the Commission proposal the volume of free allowances available to industry may be reduced, but their share of the cap remains essentially undiminished.

If the coverage under the policy is exhausted during the policy period, Recharge Benefit with a cap of Rs 1,50,000 is provided once for the remaining policy period.

Just under half of respondents (48 percent) said cap rates would remain flat.

But cap rates on deals for apartment properties remain at historic lows, averaging well under 6.0 percent, according to RCA.