Sentences with phrase «sales tax revenue from»

It will also postpone collecting sales tax revenue from the center for an indefinite period of time, to allow the developer to repay the state's loan with the extra money.
Right now they are collecting all the sales tax revenue from these dog breeders.
«For a decade or more, Amazon has profited at the expense of communities nationwide by depleting much - needed sales tax revenue from states and cities while trying to maintain a significant competitive advantage over Main Street retailers,» said Oren Teicher, CEO of the ABA.
The Atlanta Journal - Constitution (AJC) published an article regarding Clayton County Public Schools (CCPS) and the Atlanta Hartsfield - Jackson International Airport's ongoing dispute over Clayton County sales tax revenue from jet fuel.
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.
I look forward to working with the County Executive and Legislature to ensure that the excess sales tax revenue from 2011 is appropriately used to keep the County on the right path it has been on.
Officials, including bill sponsor Sen. Michael Nozzolio, R - Fayette, have argued government will receive sales tax revenue from the sale of sparklers.
After prompting by some media, Ulster County Exec Mike Hein finally took ownership of the scheme to claw back some $ 3 million a year in sales tax revenues from the city and the towns.

Not exact matches

FMS earnings before tax as a percentage of FMS total revenue and FMS operating revenue (a non-GAAP measure) were 4.0 % and 4.8 %, respectively, both down 60 basis points from the prior year, primarily reflecting higher depreciation due to vehicle residual value policy changes and lower used vehicle sales results.
When the deal was originally struck, Ottawa offered Quebec no compensation for assuming administrative responsibilities for the HST, nor for any loss in sales tax revenue stemming from the harmonization.
The latest figures on tax revenues from the Colorado Department of Revenue hit a new high in the month of August, with recreational sales totaling about $ 34.1 million, compared to $ 29.3 million the previous month.
The study's authors say they used the same methods researchers developed in a 2009 report titled «State and Local Government Sales Tax Revenue Losses from Electronic Commerce,» compiled by business professors at the University of Tennessee.
For the state, it could mean falling short of the $ 44 million to $ 82 million in annual revenue it expected to collect from the 17 percent tax on pot sales.
If cryptocurrency gains acceptance as a means of exchange, it's sure to raise the ire of governments hungry for revenue from sales taxes.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.
That suggests that weak domestic demand is becoming an increasingly significant source of disinflationary pressure, adding to the impact from falling world energy prices and the end of a period of administered price rises as governments sought to repair their finances by increasing revenue from sales taxes and charging more for services such as health care.
Companies currently deduct practically all of their costs, including imports, from their sales revenue, and then pay taxes on the profits that are left.
In the end, states have not collected any additional sales tax revenue, and actually lost income tax revenue from the impacted affiliate marketers.
By deducting the drug's operating costs, taxes, net investment and working capital requirements from its sales revenues, you arrive at the amount of free cash flow generated by the drug if it becomes commercial.
Sales and excise taxes / duties were down $ 431 million, or 9.7 %, primarily reflecting lower revenues from energy taxes and lower GST revenues.
Sales and excise taxes / duties were down $ 733 million, (2.8 %), primarily reflecting lower revenues from the GST and excise taxes and duties.
There are such aspects as tax treatment of the acquisition, incremental revenues from shirt sales, cost savings on letting Bendtner go, safety margins in case of unforeseen expenses or drop in revenues, and agents fees.
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.
Destiny officials and their local supporters argue that the mall attracts shoppers from Canada and elsewhere outside the area, boosting local sales tax revenue.
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.
«Lower the tax rates, make government more efficient, get the businesses back here, get the private sector booming and then you will be able to fill the coffers when you're collecting road tax from more tractor trailers on the road, more gas tax from more people commuting to work, more sales tax revenue
That extra money would come from state sales tax revenues, according to Centro.
Instead we acted sensibly - deregulated the industry, sold licenses to private investors (earning billions of dollars from digital mobile license auctions, 3rd generation licenses, second national carrier licenses; additional operator licences) and earned additional revenue from taxes, import duties, spectrum sales.
The financial foundation of Oneida County continues to strengthen thanks to a steady and increasing stream of revenue from the Oneida Nation's gaming earnings and sales tax collection.
The sponsors also argue that «there will be considerable revenue from state sales tax» by allowing the sale these items.
From that additional spending, the county would receive $ 500,000 or more in new sales tax revenue.
In addition to taxes, the city is banking on $ 1 billion in new revenue from the sale of new taxi medallions, which can only be achieved through controversial legislation the governor has yet to sign.
Think about the county - wide impact of driving business away from the mall, which produces 23 percent of our sales tax revenue.
To raise revenues, Cuomo proposed requiring extending sales tax collections on online sales, imposing a surcharge on certain health insurers who received a windfall from federal tax cuts, tapping hundreds of millions of dollars in proceeds from lawsuit settlements and raising taxes «e-cigarettes» and taxing opioids (2 cents per milligram prescribed to go to anti-addiction programs).
For the rest of the budget, on the upside, the mayor's office expects to see increased revenue from sales tax, parking fees and property tax collection — thanks to the land bank, the agency tasked with handling the cities massive list of vacant properties.
East End police departments and villages across Suffolk County will benefit from a collective $ 6 million in sales tax revenue over the next three years, thanks to a new agreement announced by County Executive Steven Bellone during a press conference at Southampton Town Hall Wednesday afternoon.
The clause in the sales tax agreement would presumably discourage similar moves in the future by ensuring that Kingston and the towns would bear the brunt of any revenue loss from a suspended surcharge.
A statewide initiative on the ballot asks voters to make an exception, and instead direct the tax revenue from marijuana sales toward public education and drug - prevention programs.
According to New York State Comptroller Thomas DiNapoli, sales tax revenue in Cortland County totaled $ 28.8 million in 2017, up 5.61 % from 2016.
But that won't keep the towns from lobbying for more sales - tax revenue, of course.
The city, benefiting from an economy that boosted sales and income tax collections 15 percent since fiscal 2014, on Tuesday is selling $ 1 billion of bonds backed by that revenue to pay for capital projects.
Year - over-year tax collections from the personal income tax and sales tax in 46 states have grown by more than 10 percent from April through June, but revenue on the local level remains stagnate compared to last year, The Rockefeller Institute for Public Policy found.
Serino, a county legislator, voted against a resolution to repeal the exemption, but Democrats have seized on her vote for the county budget writ large, which included built - in revenue from the sales tax.
Slowing sales tax revenue among upstate counties during the fourth quarter of 2013 is a sign the region's economy is stalling during the recovery, an analysis from Moody's on Tuesday found.
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 report from that weak sales tax receipts are a «credit negative» for upstate counties due to their dependence on the revenue for their operating budgets.
Revenue from the sales tax must be spent on education by law.
Lembo says his office agrees with Malloy's budget office and the General Assembly's Office of Fiscal Analysis that November's consensus figures show lower than expected state revenue collections from sales and income taxes.
«With the growth of Canadian tourists and other guests from beyond the Syracuse area, largely driven by the success of Destiny USA, this project will provide additional sales tax revenue, room occupancy taxes and create new construction and permanent jobs for area residents,» the statement said.
That's when they hope to have the revenue figures from the state's latest quarterly income tax receipts and some of the holiday sales tax receipts.
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