«We're very conservative with
our sales tax revenue next year, but it's a moving document,» McCoy said.
Not exact matches
Suffolk County Executive Steve Bellone's proposed $ 3.05 billion budget for 2018 overestimates
sales tax revenues, underestimates police pay and overtime and uses «risky assumptions» that could widen the county's structural deficit to up to $ 150 million
next year, legislative analysts said.
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.
DiNapoli said
sales tax revenues grew by 2.6 percent in the first quarter, but tumbled to 0.8 percent over the
next three months.
«It's not on my agenda,» Cahill said prior to the press conference, referring to accusations from Hein and others that he had thwarted passage of a
sales -
tax extension that could mean upwards of $ 26 million in lost
revenue to county and local governments
next year.
The Legislature also cut the city of Syracuse's
sales tax revenue by more than $ 10 million
next year, but restored that money in subsequent years, keeping the city about level over nine out of 10 years.
It proposes introducing a $ 15 (U.S.) carbon
tax that would increase incrementally over the
next 40 years, with
revenues largely being returned to consumers through rebates and reductions in the
sales tax.
Even if there's no meaningful increase in internet
sales over the
next 10 years, Platt said empowering states to collect
taxes from online transactions could generate $ 260 billion in local
revenue.