Sentences with phrase «sales tax revenues rose»

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.

Not exact matches

Sales Tax revenue is projected to rise based primarily on growth in consumer spending after adjustments for measures and prior - year amounts.

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.

Treasury's sales revenue rose 8.4 per cent to $ 1.85 billion, while earnings before interest, tax, depreciation and the SGARA accounting standard, which relates to vineyard assets, were up 21.9 per cent at $ 225.1 million.

PepsiCo — which announced rising sales, increased organic revenue and a higher quarterly profit last week — revealed sales in Mexico were down 3 percent, in part due to new taxes on junk food.

«A projected property tax cap growth at basically zero in 2017, combined with stagnant sales tax revenues, counties will not be able keep up with the rising costs of state mandated programs provided at the local level.

ALBANY, N.Y. — Local sales - tax revenues rose across much of New York in 2017, state Comptroller Thomas DiNapoli reported Tuesday.

PLATTSBURGH — Drop in sales tax causes loss in revenues for some municipalities, rise in taxes for others

PLATTSBURGH — Drop in sales tax causes loss in revenues for some municipalities, rise in taxes for others more

Like all other communities, Beacon faces reduced revenues in sales taxes and mortgage taxes, but at the same time, employee pension costs will rise 15 percent, at $ 66,000.

Counties and cities in Central New York saw increases, topped by an 11.55 percent rise in local sales - tax revenue in Oswego County.

Utica sales - tax revenues were up 4.18 percent to $ 10.1 million, Rome's rose 6.75 percent to $ 7.5 million, Ithaca's increased 6.41 percent to $ 11.5 million, and the City of Oswego saw revenues climb 9.06 percent o $ 14.2 million.

The city estimated only modest increases in tax revenue, because of lower revenue from income taxes and real estate sales taxes, offset by a rise in property tax receipts.

The cost of medical insurance also continues to rise, while revenue from the sales tax and real estate transfer tax is less than previous years.

Sales - tax revenues have been projected to rise slightly, despite a decline in usually more prosperous DutchessCounty.

After moving dramatically to abolish property taxes as a source of funding for the schools, lawmakers last year decided to give voters a choice for replacing the lost revenues: either a two - cent sales - tax increase, to be considered in a March 15 referendum, or an income - tax hike, which will go into effect automatically if the sales - tax rise is rejected.

Rising unemployment rates, minimal job growth, stagnating salaries, and declines in income and sales tax revenues have hit most states hard.

For example, under Section 1231 of the U.S. Internal Revenue Code, the sale at a loss of such assets used in a trade or business, usually gives rise to an ordinary loss for income tax purposes.

The revenue generated through the sales of such food items contributes towards the efforts made by the state and central governments to curb the inflation rate, which has constantly been on a rise even after several revisions made to the tax slabs under GST.

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