Sentences with phrase «sales tax revenues dropped»

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

Not exact matches

But, as seen in the Figure above, because income taxes have been cut, the province's reliance on income tax revenues have dropped by one third over the last decade, so much so that income taxes now raise about the same amount as sales taxes.

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.

Almost half of the counties in New York saw a drop in their sales tax revenue last year, according to the state Association of Counties which said the trend should serve as a «red flag» for potential budget challenges ahead.

The report estimated home values would drop by 10 percent, meaning counties would stand to lose property and sales tax revenue.

Mangano in September proposed the tax hike to raise $ 31 million to offset a steep drop in sales tax revenue.

He floated a similar idea during negotiations with Onondaga County over sharing sales tax revenue, but dropped it when the county agreed to the city's terms.

The Oakland Chamber of Commerce has said that sales have dropped 40 % at surrounding businesses as customers are afraid of being harassed going downtown (this also means lost revenue for the city in terms of sales taxes)