Oue View: Changing of the guard Jun 28, 2009
Meanwhile, the loss of thousands of jobs at Kennedy Space Center after the shuttle fleet is retired next year could bring even worse news for school budgets, with the tax base potentially taking a deeper dive. A huge train wreck for schools also looms just two years down the road when the federal stimulus dollars that state lawmakers are using to plug education budget holes this year dry up. (Florida Today)
Library's finances under strain Jun 28, 2009
It would take the tax base out to the patrons who actually use it, said Johnson. The library board has met separately with the school board, town council and county commissioners to discuss the plan. (Missoulian, MT)
More of this story Jun 28, 2009
Town officials and residents have noted the importance of expanding Hopkinton s tax base, while limiting development at its two highway exits in order to maintain the town s rural character. At some point, as the economy improves, more things will happen there, DiLibero said of development at Exit 1. (Westerly Sun, RI)
GM’s plant decision brings Tennessee uncertainty Jun 27, 2009
woodfish wrote on Jun 26, 2009 7:59 PM:" I've heard enough bashing of the GM workers in Spring Hill! Saturn/GM in Spring Hill helped this community in more ways than you can count! Columbia now has a medical center instead of a small community hospital. Your real estate values quadruped and many long-time residents were made millionairs by GM employees and their families that transplanted here to follow their jobs. Union money was spent in these communities and improved your schools, roads, and... (Columbia Daily Herald, TN)
Republic of Kosovo -- IMF Staff Visit, Concluding Statement Jun 27, 2009
Third, efforts in tax administration need to be stepped up to broaden the tax base. Gains in tax administration may reduce the need for expenditure adjustment, while enhancing fiscal sustainability. (IMF News)
Service taxes eyed as General Assembly seeks balanced budget Jun 27, 2009
One common theme that has emerged in recent weeks involves broadening the sales tax base to include more services in addition to goods ... And a broadened sales-tax base has drawn criticism from business groups, who not only provide services that would be newly taxable but might also find themselves paying the service taxes. (Triad Business Journal, NC)
Tax overhaul? Service taxes considered as General Assembly races to balance budget Jun 27, 2009
One common theme that has emerged in recent weeks involves broadening the sales tax base to include more services in addition to goods. In the House, proposals have focused on raising the sales tax by a quarter-cent and taxing services that directly relate to tangible goods, such as moving expenses, digital downloads or warranties, installations, service contracts and maintenance to cars, appliances or business machines and other products. (Triad Business Journal, NC)
Legal challenge to tax breaks off and on Jun 27, 2009
In a news release issued Friday afternoon, authority Chairman Robert Shaw said such large capital projects are vital in expanding the local tax base and creating jobs, particularly in a recession. Cary Ichter, who represents the authority in the case, said Woodham s case was weakened by legislation the General Assembly passed this year, which expressly authorizes the abatements. (Atlanta Business Chronicle, GA)
In Brookfield, Murphy Bows Out Jun 27, 2009
"Whoever is elected in November should seek Jerry's counsel on those projects after [taking] office as first selectman." "Jerry understood the need to have an infrastructure in place if you were going to promote economic development and increase the commercial tax base," he said. Mr. Tinsley said that he and Mr. Murphy have been "allies and friends" for years and had lunch together as recently as about three weeks ago and that he would welcome him being active in his campaign organization. (New Milford Times, CT)
Letter: Here are fixes to problems in D.C. Jun 27, 2009
We will reduce our trade inbalance; it will create a larger tax base and hopefully revenue sharing with states to relieve their budget deficits if they participate in the energy plan; and with real jobs you have real wealth -- it spreads through the economy and benefits all who want to participate. We are then no longer dependent on the Middle East or anywhere else for our energy. (The Augusta Chronicle)
Municipal Center opens Sunday Jun 27, 2009
"There will be more people and the tax base will increase and it will improve the schools. Handling the growth well, like they have, will only yield good results.". Mr. White and Laurie Scott both live outside city limits but say their use of downtown won't change as their side of town grows. (The Augusta Chronicle)
Milam joins counties protesting falling property tax bases Jun 26, 2009
The protests are being led by county governments because their property tax base is being diminished by a change in the Texas Tax Code. The Milam County Commissioners Court joined the protest at their meeting on Monday. (Cameron Herald, TX)
Revision of development fees put off Jun 26, 2009
Joy Madison, chief executive of the Modesto Chamber of Commerce, also frowns on the proposal, saying, "This certainly will affect the ability for all of us to develop. You can raise a fee hundreds of percents, but if the market can't bear it no one will build. And that doesn't improve the tax base for the county.". Carol Whiteside, president emeritus of the Great Valley Center and former Modesto mayor, said officials must balance the building industry's health against the public's demand for... (Modesto Bee, CA)
Letters to the editor, June 25 Jun 26, 2009
Lack of success in our redevelopment efforts could have major financial consequences to the tax base of the Town. Therefore, the development of the Landlocked Parcel has potential to generate significant negative financial impacts. (Burlington Union, MA)
$5.6 billion Jun 26, 2009
However, a good portion of that money goes to the state to be redistributed in counties with a lesser tax base. Coolidge initially thought this years assessed value would come in around $5. (Gillette News-Record, WY)
Mich. finally gets good news with small car plant Jun 26, 2009
"Without that tax base, it would be pretty devastating," he said. "We really need them in the area.". (Albany Times Union)
Governor, legislators get closer on budget Jun 26, 2009
The GOP budget passed earlier this month calls for setting the rate at 10 percent for all properties, which critics said could force local governments to hike taxes to make up for the loss of tax base. The tentative agreement would do away with a common rate and set the business rate somewhere around 15 percent. (AZCentral -- News)
Economic development at issue for master plan Jun 26, 2009
With expenses rising, the town has a few options: cut services, raise taxes, or add more commercial development to diversify the tax base. There are tradeoffs and competing interests. (Lincoln Journal, MA)
California Immigrant Activist Charged With Vote Fraud... Jun 26, 2009
Southern California - this just in From the staff of the Los Angeles Times and. Felony charges have been filed and an arrest warrant issued for a well-known Orange County political activist suspected of committing election and voter registration fraud, the California secretary of State's office announced Wednesday. (The Drudge Report)
Cities fight to exist when employers flee Jun 26, 2009
When people lose their jobs and leave, they leave behind abandoned homes, a declining tax base and a drop in charitable giving and community support all of which can make it harder to recruit the kind of businesses that could revive the growth of an economy and population. Its a concern to the people of Elkhart County, said Matt Kinghorn, economic research analyst with the Indiana Business Research Center. (MSNBC -- Business)
OUR VIEW: Charleston library's quandary raises questions Jun 26, 2009
Mike P wrote on Jun 22, 2009 12:06 PM:" Both referendum's began motion foreward before it was even known there was a recession. Both had the same objective. Do what both towns have been failing to do, see some sustainable growth in the fully contributing tax base. Neither would go it alone, unless their foot print of collections increased. Same foot print even with levy increase potential, was already no longer enough to be sustainable. Its likely their finances have been quietly marginal, for a... (Mattoon Journal-Gazette, IL)
Full story..... Jun 26, 2009
The facility will also create a significant property tax base to support schools, hospitals and other services in the region. Each dish will be able to generate up to 25,000 watts of power, which, according to Sandia National Laboratories, is the highest sun-to-grid energy conversion in the world. (Alpine Avalanche, TX)
Georgetown selectmen interview interim town administrator finalists Jun 26, 2009
Farrell said the town needs to work for itself growing the tax base and developing the infrastructure. Keeping the quality of life and getting the right kind of economic development. (Georgetown Record, MA)
Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Ireland Jun 25, 2009
They also underscored the importance of better targeting benefits for the vulnerable, broadening the tax base without hampering the restoration of external competitiveness, and further pension reform. A few Directors expressed concern about the use of resources of the National Pension Reserve Fund for bank recapitalizing purposes. (IMF News)
Press Release: IMF Executive Board Completes Fourth Review Under PRGF Arrangement for Sierra Leone, Approves Increase in Financial Support and US$18.8 Million Disbursement Jun 25, 2009
Since revenue collection remains low by regional standards, efforts need to be stepped up to strengthen tax administration and broaden the tax base. Key steps include the steadfast implementation of measures to make the National Revenue Authority more efficient and the introduction of the Goods and Services Tax in September 2009, but in any event not later than end-2009. (IMF News)
Hynes: Quinn has 'confused' the public Jun 25, 2009
clarkbar wrote on Jun 24, 2009 4:08 PM:" NOTHING gets done and we keep electing the same incompetent idiots, and thanks to Chicago residents who do the same both at the state and federal level. what really needs to be done like 2 decades ago is keep jobs in America and Il instead of everyone shipping manufacturing overseas or to Mexico. you have no tax base if you have no jobs/employment. thanks corporate greedy Americans, thanks everyone for no foresight!!!!!!!!!! ". clarkbar wrote on Jun 24,... (The Pantagraph newspaper)
The Job-Killer Bill Jun 25, 2009
If the mine closes and employees leave, the tax base for the schools, the roads, and the county dries up. Any member who represents coal miners who votes for this bill is going after the same people they re supposed to represent, Shimkus said. (Human Events Online)
LETTERS: NCT, June 24, 2009 Jun 24, 2009
"What Forbing really desires is a return to religious tyranny, as long as his is the favored cult.Davis D. DanizierOceansideChargers stadium is possible in OceansideThe possibility of the Chargers coming to Oceanside at the old drive-in is very intriguing indeed. For the project to work, the traffic issue would have to be resolved with eight lanes on Highway 76 and a rail spur from the coastline tracks (there appears to be enough land to make this feasible). Keep in mind we're talking about two... (North County Times)
Lithuania—2009 Article IV Consultation: Concluding Statement Jun 24, 2009
However, given the magnitude of the adjustment required, it would also be prudent to bolster revenue by taking steps to strengthen tax administration and broaden the tax base, including by streamlining tax incentives. In the current environment, there is little scope for tax cuts. (IMF News)
Bringing back business Jun 24, 2009
If only a third of them are renovated that will increase the tax base by more than 100,000, Kim Simpson, president of the organization, said at a recent city council meeting. It will probably create jobs vital for our survival. (Roanoke Rapids Daily Herald, NC)
Our view: No bridge Jun 24, 2009
But delay wouldn't take care of the fundamental problems with the bridge: that it would lead to sprawling growth on empty land across Knik Arm, weaken the city's tax base and contradict the Anchorage 2020, the city's development plan. Anchorage 2020 calls for smart growth, with shops, businesses and employment placed near housing. (Anchorage Daily News)
Knik Arm bridge no good for Anchorage Jun 23, 2009
Anchorage will lose people, jobs, money and some of its tax base to the Matanuska-Susitna Borough. The Knik Arm Crossing Environmental Impact Statement says that the bridge will not increase overall regional employment or population growth. (Anchorage Daily News)
OUR VIEW: Charleston library's quandary raises questions Jun 23, 2009
Mike P wrote on Jun 22, 2009 12:06 PM:" Both referendum's began motion foreward before it was even known there was a recession. Both had the same objective. Do what both towns have been failing to do, see some sustainable growth in the fully contributing tax base. Neither would go it alone, unless their foot print of collections increased. Same foot print even with levy increase potential, was already no longer enough to be sustainable. Its likely their finances have been quietly marginal, for a... (Mattoon Journal-Gazette, IL)
Palo Alto faces surge of opposition to new tax Jun 23, 2009
It is important for the tax base to include all workers, regardless of their employer's status in this regard. And with a broader tax base -- including workers at for-profit and non-profit institutions -- the tax rate can be lower ... A business tax based on gross receipts is not likely to get compliance by small businesses, especially those under 10 employees, seasonal businesses, and businesses that employ part-time or temporary employees. (Palo Alto Online, CA)
Commuter tax? Don’t count on it. Jun 23, 2009
First there is the campaign to attract business and development to increase the tax base, then when development comes, they have to raise taxes for new schools, police, fire etc. Seems to me the only logical course is for all these places to start a stay the hell out of my town campaign. (Atlanta Journal-Constitution -- Opinion)
Illegal immigrants should not be taught at our expense Jun 23, 2009
They pay into the tax base ... It's a solution that will help our economy and our tax base. (Sierra Vista Herald, AZ)
Local airports provide economic boost Jun 23, 2009
In the Burlington area, there are eight aviation-related businesses providing jobs and a significant tax base. Pat Osbakken, chair of the Burlington Municipal Airport commission, said, "The airport can be viewed almost like an industrial park, except that all of the businesses there are related to aviation. Those jobs are helping to pay mortgages and groceries.". (Racine Journal Times, WI)
Emeryville's transformation Jun 22, 2009
Broker Chris Neddersen, with Coldwell Banker, informs his clients that Emeryville's strong business tax base supports a lot of city services. Easy access to public transit is also an attraction, he said. (San Francisco Chronicle)
Reviving economy will require unity among all sectors Jun 22, 2009
The recession is emptying our beaches, real estate and construction are wilting, our last project at Kaka'ako, the Cancer Research Center, has been canceled, our tax base is declining and federal stimulus funds are elusive. More than ever, we need to focus on remaking our economy. (Honolulu Advertiser)
Cornfield Owners File Appeal Jun 20, 2009
Municipal officials have said that the town could expand its tax base through the continued development of the emerging 198-acre Village District business center near the Four Corners intersection of Federal Road, development of an office building at Berkshire Corporate Park and further expansion of the southern corridor of Federal Road. First Selectman Robert Silvaggi said that the owner of a potential major retail center is considering development in the northern section of the Kohl's shopping... (New Milford Times, CT)
Brookfield GOP Endorses Tinsley Jun 20, 2009
" Steve O'Reilly, who is in his eighth year on the Board of Finance, was nominated by the RTC for one of the two lower seats on the three-member Board of Selectmen. He said that his priorities for the next two years would include expanding the town's commercial tax base and improving morale among municipal employees. Mr. Tinsley has been noted for his call for increased productivity in municipal and school operations since being elected to the finance board in 2003. Mr. O'Reilly, who formerly... (New Milford Times, CT)
City: Trailer with ad must go Jun 20, 2009
Archimedes wrote on Jun 19, 2009 7:28 AM:" Don, you have lost the war. Your private property rights and the rights of all in the Yellowstone district are gone. No matter what they say, the city's goal is to move all of you out in favor of other business owners, with the ultimate goal of increasing the tax base there. It's just a matter of time and all will be gone. ". Jesse Marker wrote on Jun 19, 2009 8:00 AM:" Really!! I have lived in Casper for 1 year and I would rather that trailer be there... (Casper Star-Tribune, WY)
Thorne Bay opposes Sealaska bill Jun 19, 2009
Prince of Wales residents worry they'll lose timber, tax base, road access ... That will hurt the town's tax base and send more people away. (Juneau Empire)
Alexandria Economic Development Partnership picks new CEO Jun 19, 2009
We have always been somewhat dependent on our residential tax base and when values were increasing and there was room to grow, that was fine, DiNardo said ... Right now, the real estate tax base is 56 percent residential to 44 percent commercial. (Washington Business Journal, DC)
$5.6 billion Jun 19, 2009
However, a good portion of that money goes to the state to be redistributed in counties with a lesser tax base. Coolidge initially thought this years assessed value would come in around $5. (Gillette News-Record, WY)
Gwinnett development group sets sights on Asia business Jun 19, 2009
Before the county offers incentives, a company must undergo a review to guarantee it provides a net value in jobs, tax base and income. Fiscal impact to the county must be positive, Meek said. (Atlanta Journal-Constitution -- Metro)
Possible governor candidate pays visit Jun 19, 2009
One issue that arose was the narrowing property tax base caused by the purchase of property by neighboring Pueblos, he said. That removes property from the county tax rolls. (Grants Cibola County Beacon, NM)
The California Albatross Jun 18, 2009
One can only hope that politicians will finally learn that when you drive away your tax base, revenues inevitably decrease. Sacramento cant keep spending anticipated tax revenues from taxpayers fleeing the state, taking with them their talent and earning ability. (Townhall.com)
HCC trustees OK tentative 2010 budget Jun 18, 2009
It reflects finances based on continuing decline in state aid, growth in enrollment and a relatively stable local tax base, said Widmer ... BigBrother wrote on Jun 17, 2009 10:07 PM:" I have some news for the HCC. Your assumption that the tax base is stable is out in left field boys and girls. Property values have yet to hit bottom and the current rise in home sales is only a small catch up from months of stagnation. Our economy is going to hit the education field with a big effect. The... (The Pantagraph newspaper)
Bill to block resorts narrowly fails in Oregon House Jun 18, 2009
tsunami wrote on Jun 17, 2009 12:20 PM:here we have kujongaski and his dem team wanting to eliminate an opportunity for jobs and tax base during a very bad reccession. i guess their answer would be to raise taxes. (Coos Bay-North Bend The World, OR)
Partnership Gwinnett heads to Asia Jun 18, 2009
We want to create more job opportunities in our community and build our commercial tax base to lessen the burden on Gwinnett residential property owners. Reader Comments. (Atlanta Business Chronicle, GA)
Letters to the editor Jun 17, 2009
In reality, California's energy-rich coast could bring much-needed revenue to the cash-strapped state, create good-paying jobs and greatly expand the tax base to help fund local schools, first-responders and law enforcement. At the same time, offshore energy production would reduce our dependence on foreign nations for our energy. (San Francisco Chronicle -- Opinion)
New Report Shows Texas Deadliest State For Construction Jun 17, 2009
"What does that do? That reduces the tax base because those employees not being paid more aren't paying the taxes that would go along with higher earnings," said Eisenbrey. The report adds that low-wage workers also depend heavily on the government to make ends meet, draining needed tax revenue. (KFOXTV.com, TX)
Economic plan first step to revitalize Georgetown Jun 16, 2009
The Georgetown Economic Development Committee presented its strategic plan to revitalize the town by diversifying the tax base, supporting existing businesses and modifying zoning regulations to the Board of Selectmen, various town board and department heads and residents Monday night ... Committee chairman Ted Kottcamp said the group hopes to shift the town from a 90 percent residential tax base and 10 percent commercial tax base to closer to 80/20 ... I m not sure the direction is right, said... (Georgetown Record, MA)
Another View: No free ride out of traffic congestion Jun 16, 2009
All of this leads to a larger tax base and a better quality of life for all Georgians ... As this rises, people will follow the jobs to other cities in other states, further depleting our tax base. (Atlanta Journal-Constitution -- Opinion)
McKinney: Q&A with new MEDC BRE Director Jun 16, 2009
We have great companies in McKinney that are providing a plethora of economic benefits to our local economy--great jobs, a strong tax base and excellent quality of life ... The City, the School District, the Chamber and the MEDC are committed to retaining McKinney's vital employers and business tax base ... A strong commercial tax base is vital to the overall health of the city helping provide great jobs, educate our kids and share the tax load of the residents. (McKinney Courier-Gazette, TX)
Whats racist, whats not regarding Tribes? Jun 16, 2009
Ramifications wrote on Jun 14, 2009 12:48 PM:" Over 8 years ago the concept of expanded storage at Long Lake, Whiteline, Antelope, Buck, Aspen among others was being considered and the BOR and Interior dragged their feet on the consideration, saying "It would just be too costly". Well, by the time this KBRA/AIP dam removal fiasco is over it will literally be in the billions and there will not be one ounce more of water available for fish or farming.It has long been the plan of the Interior Dept... (Klamath Falls Herald & News, OR)
Perry Signs Eminent Domain Bill Jun 16, 2009
If approved by voters, the state constitution would be amended to prohibit government officials from taking property and giving it to a private developer in order to boost the tax base. Government officials could still take blighted properties using eminent domain. (KWTX.com, TX)
More >> Jun 16, 2009
Some party functionaries felt that only 4 to 5% of the people fall in the tax net, and that the government needs to increase its tax base. There was also a 00004000 demand to have a youth focus in the Budget, especially as the youth or first-time voter was a key constituent of the Congress victory. (India Times)
Building blocks: Improved design codes included in Sealy West Commercial agreement Jun 16, 2009
It s going to increase the ad valorem tax base. By doing that, it s going to help the city, the school, the county and the emergency district, Coffman said. (Sealy News, TX)
Override not a new tax but a tax nonetheless Jun 16, 2009
hmmm wrote on Jun 10, 2009 9:24 PM:" I'm in favor of doing away with the State Income tax and raising the State Sales tax to cover the State revenue needs. Include taxes on consumer goods like groceries. No State income tax is deducted from your paycheck so you have more money to spend each month. Those that don't pay into State revenue after filing their taxes because of deductions or income level are now paying into the overall state revenue. Now everyone is contributing to a tax base that... (Sierra Vista Herald, AZ)
Gordhan: Comply or else... Jun 16, 2009
"Over the past decade considerable progress has been made, Honourable Speaker, in improving our tax system and broadening the tax base. Government is still required to raise revenue, even in these difficult times. This would require of all of us to pay our fair share of taxes, and stop the abuse of our tax system. "I am happy to report to this House that as at 31 May 2009 we have seen a 10 per cent increase in the number of tax compliant employers, demonstrating that even in the face of the... (iAfrica.com)
It's "Black Tuesday" for 14 Colorado Chrysler dealers Jun 16, 2009
"It's a sad day in America when auto manufacturers ... in bankruptcy received in excess of $50 billion in bailout funds from the U.S. Government and can inflict irreparable damage on profitable dealers causing increased unemployment and reductions in the tax base to local communities," CADA's Jackson said. Jackson has said he favors congressional action to help automakers, as some lawmakers -- including -- have called for. (Denver Business Journal, CO)
Lawmakers try to close $150 million gap Jun 16, 2009
State Revenue Commissioner Kevin Clougherty outlined ways to broaden the tax base to House and Senate budget negotiators. Another idea would capture real estate transfer taxes avoided by some businesses and real estate trusts using 501-c status usually designated for charitable organizations. (Concord Monitor)
Alma Plaza homebuilder backs out of deal Jun 16, 2009
" Posted by MEA, a resident of the Barron Park neighborhood, on Jun 11, 2009 at 3:31 pmOnce Mr. Moss and the Friends of Alma Plaza get done adding their onerous requirements to Alma Plaza they will further make the project economically infeasible for any developer so it will remain a blighted property for the next twenty years as well. Throw on a business tax and you will have nailed the coffin shut. I worry about vocal minorities and our community's diminishing tax base. It makes it difficult... (Palo Alto Online, CA)
