Sentences with phrase «with sales tax revenue»

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.

We waited for the economy to recover to refill the County coffers with sales tax revenue.

«We're very conservative with our sales tax revenue next year, but it's a moving document,» McCoy said.

With sales tax revenues stagnating at between $ 700,000 and $ 750,000, officials in Cary have been concerned about ways to build new revenues.

Not exact matches

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.

After accounting for the impacts of measures and adjustments, the Sales Tax revenue base is projected to grow at an average annual rate of 4.3 per cent over the forecast period, roughly consistent with the average annual growth in nominal consumption of 4.0 per cent over this period.

That would have essentially taken control of Russian oil out of the national patrimony, and probably left it with little sales and export revenue after Exxon's accountants had done the usual creative tax strategies using flags of convenience and offshore banking centers to leave no reported taxable earnings.

The replacement of the federal manufacturer's sales tax with the Goods and Services Tax in 1991 removed economic distortions and provided the government with a more reliable and stable revenue sourtax with the Goods and Services Tax in 1991 removed economic distortions and provided the government with a more reliable and stable revenue sourTax in 1991 removed economic distortions and provided the government with a more reliable and stable revenue source.

A lower tax on land rents leaves more to be capitalized into bank loans, and hence inflates the price of housing — while government revenue is balanced by burdening labor and industry with income and sales taxes.

The project to beautify the arch grounds, redesign entrances and enlarge the underground visitor center drew such robust public support here that voters approved a 2013 local ballot proposition to finance the restoration with $ 85 million in sales tax revenue.

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.

On January 1, 1991, the previous Conservative Government replaced the federal manufacturer's sales tax with the Goods and Services Tax, thereby leveling the playing field between domestic producers and their foreign competitors and providing the federal government with a much more predictable and stable revenue batax with the Goods and Services Tax, thereby leveling the playing field between domestic producers and their foreign competitors and providing the federal government with a much more predictable and stable revenue baTax, thereby leveling the playing field between domestic producers and their foreign competitors and providing the federal government with a much more predictable and stable revenue base.

personalised or tailored for the customer somehow) through Folksy would be required to register with HMRC and pay the sales tax due on any sales to EU countries (regardless of your business status or revenue).

With the 2 percent limit on local property - tax levies in place, Comptroller Tom DiNapoli said that local governments may need to rely more on sales tax revenue to balance their ledgers.

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.

The budget projects $ 83 million in sales tax revenue — money the city makes per a favorable agreement with Onondaga County.

«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.

With $ 30 billion more in state revenue, we could restore full funding for public schools and colleges, pay for the state mandates on local governments through increased revenue sharing, cut regressive local property and sales taxes, and build the infrastructure and services of the Green New Deal.

For purposes of this section, the total General Fund calculation shall not include sales and compensating use tax revenues shared with local governments and school districts.

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.

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.

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.

Despite the Astorino administration's commitment to maintaining the same level of services and staff, the county continues to grapple with increasingly stark revenue shortfalls, which it attributes to underperforming sales tax revenues and lower gas and energy prices.

He noted the addition of five police officers over the last three years, which was funded with $ 1 million in additional sales tax revenue for the town, which he said he had secured as a county legislator.

The City of Poughkeepsie will lose $ 2 million in Dutchess County sales tax revenue in 2013, but that was not the topic when County Executive Marcus Molinaro sat down with Mayor John Tkazyik and Common Council Chairwoman Gwen Johnson on Tuesday.

But Stec cited an Empire Center report that said the biggest potential losers would be counties with tourism - based economies, including Saratoga and Warren counties, where sales tax revenue outweighs Medicaid expenditures.

The new sales - and - use tax cap generated in excess of $ 13.46 million in direct sales tax revenue for the state, compared with a $ 1.5 million first - year loss that a Florida legislative staff analysis had projected.

The Majority Caucus is committed to working with the administration to identify ways the county can help in the fight against opioid and heroin addiction, however the county is also facing serious financial concerns with limited fund balance and declining sales tax revenue.

That is the year Mahoney started to rely less on property taxes because she held back the share of sales tax revenue the county shares with the towns and villages.

Basic fairness Ulster County is renegotiating its contract with the City of Kingston for the distribution of sales tax revenue.

Taking a firm stand for the first time in public on reducing the city's share of sales tax revenue, County Executive Mike Hein has charged the City of Kingston with accepting some $ 8 million from the county in Safety Net welfare relief over the past four years and using it to «mask» a collective spending increase of almost 40 percent.

In his own campaign, Carroll has echoed Sanders» call for higher taxes on the wealthy by pushing for a state sales tax on luxury co-ops and condos, with the resulting revenue going to build affordable housing.

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.

While on paper the city of Saratoga Springs had a 5.9 percent, or $ 200,000, decline in sales tax revenue, taking out adjustments made for errors in previous tax years would show the city with a surplus, said Mike Sharp, the city's deputy commission of finance.

She established a cooperative working relationship with the Republican county executive — something her predecessors tried and failed to do — and she persuaded the county to return millions of dollars in annual sales tax revenues to the city.

Miner negotiated a sales tax agreement with Onondaga County Executive Joanie Mahoney and county legislators that guaranteed millions in revenue to Syracuse while cutting money for suburban towns and villages.

«They would lose more than $ 44 million in revenue if we no longer shared sales tax revenue with our school districts,» Mychajliw said.

Against Casey E. Jordan, R - Clay Kevin A. Holmquist, R - Manlius Patrick Kilmartin, R - Onondaga Richard M. Lesniak, R - Lysander Robert D. Warner, R - Van Buren For Mark A. Stanczyk, D - Syracuse Thomas C. Buckel, Jr., D - Syracuse Abstain James A. Corbett, R - Geddes An Onondaga County Legislature committee voted 6 to 2 in favor of a sales tax redistribution proposal that would cut city sales tax revenues by more than 27 percent and immediately eliminate sharing tax money with the towns, villages and school.

With every town and the city in Ulster County facing a cut in sales tax revenue, everybody should be following this debate.

In addition to hosting million - dollar homes with boat access, the area is close to the city's entertainment hub, the Gulfstream Racing and Casino Park, which helps provide Hallandale Beach with substantial revenue from sales and property taxes.

Faced with a massive shortfall in revenue because of the recession, then - Democratic Gov. Bev Perdue asked Republican leaders to extend part of a temporary 1 - cent sales tax increase to maintain education funding.

Among its provisions, Tillman's rewrite would require public school systems to share more pots of money with local charters, including sales tax revenues, gifts and grants and funds received for «indirect» costs.

The TIFIA credit assistance will be repaid with local sales tax revenues beginning in 2020 with final repayment scheduled for June 2034.

In addition to the TIFIA credit assistance, the $ 2.722 billion project is funded with $ 715 million in toll revenue bonds, $ 74 million in toll receipts, $ 144 million in state and local sales tax deferrals, $ 547 million in state fuel taxes, $ 819 million in Direct GARVEE bonds, and $ 124 million federal formula funds.

The project is financed with a grant from the Federal Transit Administration, local Measure A transportation sales tax revenue for capital projects and a Bay Area Air Quality Management District grant for heavy duty zero - emission vehicles.

In states where Amazon has lost the sales tax argument at the hands of lawmakers who are eagerly trying to make up for revenue lost in the recent economic downturn, the online giant has attempted to make amends with legislatures by investing in jobs and distribution centers in return for coming to a consensus on the issue.

If you were in a 30 % tax bracket you would end up owing $ 3,750 in capital gains tax on the sale of this property ($ 25,000 / 2 = $ 12,500 x 30 % = $ 3,750), leaving you with $ 721,250 of untaxed revenue (assuming no mortgage and not including real estate transactional fees).

TICs advertise the structure as an effective way of avoiding capital gains tax due to their compatibility with Section 1031 of the Internal Revenue Code of 1986, which serves as a method to defer taxes on real estate sales and subsequent purchases.

A partnership with the Canada Revenue Agency to explore more comprehensive reporting requirements so that correct federal and provincial taxes, including income and sales taxes, are paid on purchases and sales of real estate in Ontario.