Sentences with phrase «sale tax revenue»

Not only do the towns stand to benefit from this plan, suburb school districts will see an increase in sales tax revenue at a time when it is needed most.

He warned of the «elastic» nature of sales tax revenue that can offset rising costs in boom times, but can become an unreliable source of funding when the economy slows.

This will create new jobs for our citizens and new sales tax revenues for the city.

It also said the project would increase state and local sales tax revenue and the county's room occupancy tax revenues.

We have kept expenses down while improving our local economy which has resulted in increased sales tax revenue and a surplus.

One option would be for the state to divert a share of county sales tax revenue.

The Recession of 2008 and our reliance on sales tax revenue, created a perfect storm of financial instability.

This is a small portion of the states sales tax revenues but fair is fair.

From that additional spending, the county would receive $ 500,000 or more in new sales tax revenue.

In the end, states have not collected any additional sales tax revenue, and actually lost income tax revenue from the impacted affiliate marketers.

While the money for the loan would come from better - than - projected sales tax revenue the city collected last year, it's uncertain it will ever be spent.

He said sales tax revenues are up and the city is now off the state's distressed municipalities list.

In future years, the pool would grow at the same rate as sales tax revenues.

For example, if cities lose sales tax revenue to online transactions, will property taxes rise?

According to county officials, the excess sales tax revenues would be enough to retain those employees through the end of the year.

The estimates are used to distribute sales tax revenue to school divisions in the fiscal year beginning two years after the date of the estimate.

He said that cutting sales tax revenue would be one of the last resorts.

The lower than expected sales tax revenue due to the weak Canadian dollar is a major concern.

They also say the proposal does not tell voters that the bonds will be paid through higher local property taxes if sales tax revenues are insufficient.

They will either use property sales tax revenue or they will issue debt in the form of bonds.

In fact, many communities want to see outlet centers built because of the tremendous amount of sales tax revenue they bring in.

Mr. Schneiderman said he would almost certainly make an endorsement in the race for county executive, and that two issues would inform that decision: revenue sharing (or preventing county sales tax revenue from going exclusively to western Suffolk Police Departments and not those on the East End) and the presence in his district of so - called «sex offender trailers» (which house homeless people convicted of sex crimes).

The $ 440,000 project, being paid for with sales tax revenue, has been scaled back a bit and won't be finished by year's end as originally planned.

Some were surprised to hear that Erie County is one of the few counties in New York State that shares sales tax revenue with local districts, providing these districts with nearly $ 137 million between July 1, 2016 and June 30, 2017.

They are happy to see the improvements because they expect it'll be better for business, which in turn should create more sales tax revenue for Orland Park.

Republicans also would boost sales tax revenue estimates by $ 5 million and reduce police overtime projections by the same amount.

Other proponents said the racino would create jobs and generate sales tax revenues for local government.

Klein's legislation calls for a more specific, one - time charge that would come in the form of monthly payments of $ 35.6 million from local sales tax revenue over the course of 12 months in order to meet $ 428 million, or just over half of the plan.

«If he's right and we're wrong, then we'll be very, very happy,» Mr. Lindsay said, adding that Mr. Levy's budget overestimates sales tax revenue by $ 30 million.

As a minority member on the Onondaga County Legislature, I worked across geographical and party lines to successfully negotiate a 10 - year agreement that ensured Syracuse would receive its fair share of sales tax revenues collected by the county.

As a result of a decrease in energy costs and weakening of the Canadian dollar, sales tax revenue continues to decline which creates significant challenges for the county's budget.

The 1977 Agreement of Sales Tax Revenue Distribution was based on the population figures of that time.

The budget addresses a significant fall off in sales tax revenue growth and increased mandated social service costs directly related to the financial and economic downturn in the U.S. and many other countries.

The original scope of the audit period was from Jan. 1, 2015 to Dec. 31, 2016, but was expanded to Jan. 1, 2010 to review sales tax revenues, which auditors determined were not properly allocated.

The transit agencies also face reduced sales tax revenue because of increased e-commerce and Illinois» poor economic growth.

Buffalo Grove expects to gain about $ 150,000 in annual sales tax revenue that Lake County had been getting.

As Ms. Carpenter has, Mr. Bellone indicated that he would support legislation to more equitably share countywide sales tax revenues for public safety, money that under the Levy administration has been earmarked for western Suffolk.

To get within the cap, Chautauqua County lawmakers drained more fund balances, boosted sales tax revenue projections and used other one - shot measures.

The budget projects a 1.75 percent increase in sales tax revenue next year as well.

The results indicate a stalling economic recovery in upstate New York, where full - year 2013 sales tax revenues rose 1.64 %, down from full - year growth of 3.46 % in 2012.

The Independent Democratic Conference on Monday rolled out a plan that would help fund repairs to the New York City subway system through sales tax revenue.

Across the board, New York saw sales tax revenue grow $ 177 million over the first half of this year, according to numbers tallied by the state comptroller's office.

The New York State Association of Counties is concerned about sales tax revenue reports indicating negative growth in the second quarter.

«The loss of these vital deductions would harm our real estate market, lower consumer spending, reduce sales tax revenue that funds critical services, and threaten our local economy.»

After seeing gains in 2013, Orland Park's sales tax revenues slumped in early 2014.

Total sales tax revenues in January, nearly $ 1.84 million, were down 10.1 percent from the same month last year, according to data from the Illinois Department of Revenue.

Home rule and municipal sales tax revenues dropped 12.9 percent and 8.7 percent, respectively.

To hedge their bets, McMahon said lawmakers are also proposing a kind of savings account, made up of any of the extra sales tax revenue from the amphitheater, to cover any lean years at the casino.