Sentences with phrase «said city revenue»

While the Campaign for Fiscal Equity lawsuit was supposed to give the city its fair share of education aid, Walcott said city revenue would cover 61 percent of non-federal education spending in next year's budget.

Not exact matches

Southwest says hurricanes and Mexico City's earthquake shaved $ 100 million off passenger revenues in the quarter.
The course, built on a former trash dump, is owned by the city and operated by the Trump Organization under a 20 - year contract that gives most of the revenue to President Donald Trump's company, the Post said.
«When Wall Street does well, the city and state benefit from higher tax revenues,» Thomas DiNapoli, the state comptroller, said in a statement.
Both metropolitan areas have said, for example, that short term rentals procured through Airbnb and VRBO are essentially against the law, as they cheat cities out of millions of dollars of tax revenues, but also because they aren't regulated the way hotels are, and could be fire traps or have other safety considerations about which hapless customers are not likely to be aware.
We heard that those who spend big win trophy but what what Leicester City??!! As you said their entire team is not worth what Ozil widths!!!! This guy is at the end of the road in my opinion today he said ticket price is high because we spend TV REVENUE to buy players what a stinking liar!!!
PSG didn't spend 400 mill on 2 players couldn't afford Mbappé that's the reason for the loan, so Pep is still talking shit.What I've read whether true or not, PSG will have to sell players to sign Mbappé to avoid FFP violations.As i said yesterday this is what i can't get my head around why City can keep spending when revenue to expenditure simply doesn't add up.
Mezera said the city gives the Park District $ 200,000 annually for capital improvements, part of its gaming revenues.
If their time expires, the Chicago Police Department can write $ 50 tickets, Park District and city revenue officials said.
Revenues would be turned over to the city to pay off the 19 - year debt the municipality incurred last year when it bought the club for $ 10 million, he said.
«While strong economic growth has boosted city revenues, Mayor de Blasio continues to grapple with ongoing structural deficits and labor contracts that have remained unsettled for far too long,» DiNapoli said.
And he rebuffed concerns the tax cap for New York City would harm its revenue, saying it was important to promote low - tax policies there, and pointed to the success of limiting levy growth elsewhere in the state.
City residents and commuters already contribute about 70 percent of MTA's revenue, Deputy Mayor Dean Fuleihan said Tuesday on a conference call.
Buffalo budgeted $ 7 million in casino revenue for the 2017 - 18 fiscal year, but got zero, said City Controller Mark J.F. Schroeder.
Salamanca, which started a new fiscal year April 1, did not include any casino revenue in its $ 9.1 million budget, City Clerk Tracy Chamberlain said.
«If the current Seneca dispute is not resolved positively for city it will have to make difficult choices to achieve some combination of reduced expenses and increased revenue,» the draft report says.
Move NY says that by implementing its plan, the city could generate $ 1 billion in revenue to fund not only subway repairs, but other improvements like better bus service and lower - priced MetroCards for poor households.
«Going forward, the city would of course have a say in the creation of these districts and will end up with more tax revenue than if the MTA hadn't funded these projects in the first place,» a Cuomo spokesperson said.
State aid — the city's second largest revenue source — has not increased with inflation and city expenses, Walsh said.
I believe that everyone in Gloucester will support me in saying that our main endeavour today is to increase business growth in order to generate more jobs, especially for the young, and that this will in turn generate the tax revenues that fund the front - line services that are so crucial for everyone in my city
«For a moment I was a little afraid, because there was a serious monsoon of efforts to create community gardens and green spaces, none of which generate any revenuesaid Bey, referring to dozens of community gardens the land bank has established throughout the city.
«With these modest increases, we will make the fund self - sustaining, and be able to re-direct the revenue, which the city gave to it, to support other city needed services,» Brown said.
Wright said the land bank will never be «self - sufficient» in the sense that it can generate enough revenue on its own, but the organization is trying to move away from its reliance on city funds.
The governor has in recent months said he will revive a call for congestion pricing in New York City that would provide extra revenue for the transit system.
Dorancy said the city should be «more creative about how we enable public hospitals to be solvent and generate more revenue but still provide first - class medical services for the community.»
He also rejected the argument the city can afford to pay more because it's flush with revenue, saying socking away reserves is necessary because the city won't get help from the feds or state when the economy tanks.
Albany County Comptroller Mike Conners said the portion of county sales tax that must be renewed accounts for more than $ 30 million in revenue for the county and local municipalities, including the city of Albany.
The lawyer, who handled much of Glenwood's political work, said the company hoped to obstruct the passage of campaign finance reform laws, see the controversial 421a tax abatement renewed, obtain a favorable tax cap on revenue from apartment buildings and to prevent Democrats from taking control of the State Senate and giving control of the New York City rent laws from Albany to the City Council — which Mr. Dorego compared to «an atomic bomb.»
In response, David Lombino, a spokesperson for the Economic Development Corp, said, «Redevelopment of the former Psychiatric Building is necessary to generate revenue for Bellevue Hospital so it can continue providing high - quality medical care for the city residents.
Miner said she wanted to be part of any discussion about a new stadium that would create a new city landscape and could tap more city police, fire and snowplow resources with no revenue in return.
Cuomo pointed out that 24 percent of Syracuse's budget comes from state revenue, but still Syracuse and other cities say they have a balanced budget.
Similarly, a plan to reduce traffic in New York City while raising revenue for public transit is due later this week, though Cuomo did say it would use cashless tolling to charge drivers who enter a certain zone in Manhattan.
The tax break, which advocates say hastens the creation of affordable housing and encourages residential development at a time when it's desperately needed, cost the city about $ 1.1 billion in foregone tax revenue in 2013, according to the New York City Independent Budget Offcity about $ 1.1 billion in foregone tax revenue in 2013, according to the New York City Independent Budget OffCity Independent Budget Office.
«The increased allocation of funding by the city council, albeit, well intended, is inappropriate, misplaced and does not help with stabilizing our tax base,» the mayor said on Monday, noting over the last four years, over $ 4 million in tax revenue and over 200 properties are in arrears.
Senate President Martin M. Looney said he was looking forward to using the new revenue to «better fund public education, protect aid to cities and towns, and end the year with a balanced budget.»
She said that cameras «in strategic locations» are acceptable but characterized the City's current use and placement of traffic cameras as a «revenue generating scam» and a «cash grab.»
Asked if the city could afford the loss of tax revenue that raising the smoking age would cause, Quinn said protecting New Yorkers» health was a higher priority.
«Residents will get every possible deduction that is still available under the new federal tax law, including some that result in lower revenues for state and city government,» Wylde said.
Rochester Supervisor Carl Chipman, chairman of the county association of towns, villages and the city, says his group has begun to talk about petitioning the county for a greater share of sales - tax revenue.
The change, which parallels similar changes in the state's corporate tax structure, would shift the burden to larger corporations, and mayoral aides said the city's revenue would be unaffected.
As far as the cities of Niagara Falls, Salamanca and Buffalo, which play host to Seneca Nation casinos, Gates says they'll continue to receive that slot machine revenue; though due to recent declines in profit, he says the overall amount will likely be less than before.
«We are a debt - free campaign, that is much in line with how I'd run the city to seek revenue and reduce expenditures,» he said.
Mayor Tom Gillen says the city is examining every nook and cranny of the budget to try to find ways to save money or bring in revenue.
Now Flanagan says a similar system should be in place in the city — a move opposed by Mayor Bill de Blasio, whose administration uses tax revenue to build affordable housing.
During the presentation, panel chairman Richard Halverson, a former assistant deputy director of the New York City Financial Control Board, said the main cause of the county's deficit is the economic downturn, which created slumping sales tax revenue.
Attorney General Eric Schneiderman and New York City Corporation Counsel Zachary Carter are seeking $ 180 million from Atlanta - based UPS, saying the cheap cigarettes increased smoking by New Yorkers while also costing $ 29.7 million in lost tax revenue.
City Council Speaker Melissa Mark - Viverito said the new rules will lead to a 25 % reduction in fine revenue.
His aides said that extra spending would instead be offset by higher - than - anticipated tax revenues and, if necessary, city reserve funds that are, for the time being, amply stocked.
Miner, who is running for re-election in November, said she has put off Syracuse's financial day of reckoning by cutting the city work force 10 percent, by obtaining new revenue from nonprofit institutions, and by streamlining economic development policies, among other accomplishments.
The effects of forthcoming federal tax reform efforts — such as limitations on the deductibility for state and local taxes and the exemption for municipal bonds — could hit the state hard, the duo said, and have «significant implications» for the revenues of both New York City (the state's main economic engine) and the state.
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