24 results for “municipal income tax”
24 results for “municipal income tax”
The City of Evanston's Treasurer's Report for fiscal year 2023 documents municipal revenues across the General Fund, with major sources including property taxes ($32.97 million), retailer and service occupation tax ($13.33 million), state income tax ($12.56 million), and home rule sales tax ($10.40 million). The report also itemizes revenues from various licenses, permits, utility taxes, and state/federal grants, with the complete Comprehensive Annual Financial Report and additional financial information available on the city's transparency website. This financial statement represents the city's revenues for the year ended December 31, 2023, exclusive of transfers and bond proceeds.
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The Syracuse Common Council held a regular meeting on July 24, 2023, addressing multiple items including a local law to grant permanent easements to Niagara Mohawk Power Corporation and Verizon New York for electric and telecommunication services at Shea Middle School and Bellevue Elementary School for $1.00. New business items included approving various commissioner appointments, authorizing agreements for youth recreation programs with costs up to $250 and $400 respectively, and endorsing a Downtown Committee grant application of up to $500,000 to the New York State Environmental Protection Fund for downtown infrastructure and recreation improvements. Additional matters covered a proposed local law amendment to increase income eligibility limits for property tax exemptions for persons with disabilities and corrections to tax assessment rolls for several properties.
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The 2024 Year End Fiscal Report compares actual income and expenses to the 2024 budget for all municipal funds. As of December 31, 2024, total fund balances across all accounts reached $1,868,075, with the General Fund holding $624,936, the Sinking Fund $259,758, and the ARPA Fund $253,285 (restricted). General Fund revenue totaled $2,163,609 against a budget of $2,143,181, representing 101% of budget, while expenditures were $2,075,554 against a budget of $2,060,422, producing an $88,055 surplus. Notable revenue variances included Earned Income Tax at 122.6% of budget ($994,036), Interest Earnings at 1090.5% of budget ($22,191), and Fines at 163.4% of budget ($26,223), though Real Estate Tax revenue came in at 89.8% of budget ($401,214).
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This document presents a comprehensive tax rate schedule for multiple school districts and municipalities in Cumberland County, Pennsylvania, listing earned income tax rates (ranging from 0.50% to 0.60%), local services tax rates (ranging from 0.90% to 1.50%), combined rates, and non-resident school district fees (typically $5.00 to $52.00). The table organizes tax information across nine school district regions including Big Springs, Camp Hill, Carlisle, Cumberland Valley, East Pennsboro, Mechanicsburg, Shippensburg, South Middleton, and West Shore, with specific codes assigned to each municipality or township within those districts.
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The Municipality of Anchorage, Alaska issued $125,000,000 in General Obligation Tax Anticipation Notes with a maturity date of December 15, 2023, an interest rate of 4.250%, and a yield of 2.750%, rated SP-1+ by S&P Global Ratings. The Notes are full faith and credit obligations backed by the Municipality's unrestricted taxing power and are structured as book-entry securities with a minimum purchase amount of $25,000. Interest on the Notes is excludable from federal gross income for tax purposes under existing law, though it is subject to the federal alternative minimum tax for applicable corporations for tax years beginning after December 31, 2022, and is not subject to Alaska income tax on corporations.
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This document is a reference table of official tax rates as of June 15, 2014, listing Earned Income Tax (EIT), Local Services Tax (LST), and Personal Income Tax (PIT) rates across multiple Pennsylvania school districts and municipalities, along with their designated tax collectors and contact information. The document shows varying tax rates by jurisdiction—for example, Abington Township in Montgomery County has a 1.5% resident EIT rate with a $52 LST, while Adams Township in Snyder County has a 2.3% resident EIT rate—and provides administrative details for tax collection entities such as Berkheimer Tax Administrator and York Adams Tax Bureau.
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The City of Bethlehem General Fund analysis compares actual revenues from 2021–2023 with 2024 budgeted revenues and 2025 projected revenues across multiple revenue sources. Real estate taxes constitute the largest revenue stream, increasing from $32.3 million in 2021 to a projected $35.1 million in 2025, with current year real estate tax revenue rising from $31.7 million in 2021 to $34.5 million budgeted for 2024. Act 511 taxes (earned income, deed transfer, local services, and mercantile) totaled $16.2 million in 2021 and are projected at $18.9 million for 2025, with earned income taxes budgeted at $10.75 million for 2024. State subsidy for pensions accounts for $4.2–4.7 million annually, while City Health grants increased significantly from $2.1 million in 2021 to $3.8 million budgeted for 2025. Additional revenue sources include licenses and permits ($3.3–3.5 million), CARES Act funds ($91,501 actual in 2021 to $3.2 million budgeted for 2025), and various law enforcement and municipal grants totaling hundreds of thousands of dollars.
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This budget document presents revenue projections for the 2021 fiscal year across multiple tax categories for a Pennsylvania municipality. Key revenue sources include real estate taxes (projected at $5.2 million, down $1.2 million from the mayor's proposal), earned income taxes (totaling approximately $2.6 million), per capita taxes, and local service taxes. The document compares actual 2019 figures, the final 2020 budget, year-to-date 2020 performance, the mayor's 2021 proposal, and council's proposed amendments as of December 11, 2020.
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The Division of Budget and Management in Cleveland's Department of Finance prepares, implements, and monitors annual operating budgets and financial plans to fund City services. The General Fund Operating Budget, funded primarily by a 2.5% City Income Tax on all workers in Cleveland, supports Safety Forces (Police, Fire, and EMS), Waste and Recycling Pick Up, City Parks, and Neighborhood Resource and Recreation Centers. Enterprise Funds operate as self-supporting services including Water, Water Pollution Control, Cleveland Public Power, the Airport, Cemeteries, Golf Courses, City Parking Facilities, Public Auditorium, and West Side Market. The City also funds capital improvements and infrastructure through debt, restricted funds, and grants, including Community Development Block Grants (CDBG) from the U.S. Department of Housing and Urban Development that must support projects eliminating blight and assisting low- and moderate-income residents in housing, public improvements, and land use areas. Budget documents are available for fiscal years 2023 through 2026, along with an interactive budget portal and comprehensive financial reports.
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The City of Hazleton's 2023 budget proposal shows real estate tax revenue of $5,568,719 for the current year, with total real estate taxes projected at $6,229,719 including prior-year collections. The budget eliminates resident taxes and per capita taxes as revenue sources (removed in 2022), while maintaining earned income tax revenue at $2,050,000 and real estate transfer tax at $400,000. Notable changes include the end of Act 47 designation benefits in 2022 and revised projections for local service tax and other revenue streams compared to 2022 actuals.
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The 2026 Proposed Budget Narrative, presented by Mayor Matt Tuerk and Finance Director Bina Patel, outlines the municipality's General Fund revenues across multiple tax and fee categories. Key revenue sources include Earned Income Tax ($47.6 million), Current Year City Real Estate Tax ($40.7 million), Business Privilege Tax ($13.1 million), and Deed Transfer Tax ($3.1 million), along with various permits, licenses, and service fees totaling hundreds of thousands of dollars. The document provides a comprehensive breakdown of anticipated revenue sources to support the 2026 fiscal year budget.
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Mahanoy City Borough, Pennsylvania, has experienced significant population decline from 15,936 residents in 1910 to 3,912 in 2021 due to the collapse of the coal mining industry, resulting in numerous abandoned properties throughout the municipality. To address blight, the Borough established a Blight/Demolition Fund in 2014 funded by real estate taxes (approximately 1.5 mils) and $50,000 annually in earned income tax revenue, supplemented by Community Development Block Grant (CDBG) allocations totaling $96,056 in 2021, of which $45,146 was allocated to demolition projects. The Borough faces potential loss of CDBG funding in 2022 due to Act 179 population requirements and has secured additional grant funding, including approval for $133,000 to demolish three properties.
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This document is a tax rate reference table for Lancaster County, Pennsylvania, detailing Earned Income Tax (EIT) rates and Local Services Tax (LST) amounts across multiple school districts and municipalities for 2025. The table lists resident and non-resident EIT tax rates (mostly 1.00%, with two notable increases to 1.60% for Lancaster City annexes in Conestoga Valley and Lampeter-Strasburg school districts marked as new for 2025) and annual LST fees (primarily $52.00 or $10.00, with some municipalities having no LST or requiring direct contact). The document serves as a comprehensive tax collection guide managed by the Lancaster County Tax Collection Bureau (LCTCB).
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This document describes the Cleveland Division of Taxation's extended hours during the 2025 tax season (March 30–April 15), with weekday hours from 7:30 AM to 5:00 PM and Saturday walk-in assistance available on April 11. The page provides contact information for the Municipal Income Tax office and directs taxpayers to resources including tax forms, audit notices, taxpayer rights, and penalty information.
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Providence Township's 2025 budget projects total revenues of $2,455,437, including a $850,000 carryover from 2024 surplus, with primary revenue sources being earned income tax ($1,033,000), real estate taxes ($224,000), and real estate transfer tax ($85,000). The budget also incorporates state grants totaling $45,000 (including $40,000 in municipal pension aid and $5,000 in recycling grants), permit and licensing fees across various categories, and miscellaneous local revenues. Notable revenue streams include cable TV franchise fees ($80,000), zoning permit fees ($25,000), and firefighters' relief fund receipts ($48,000).
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The City of Columbus, Ohio submitted its 2026 tax budget to the County Auditor, requesting total general property tax revenue of $89,944,000, comprised of $72,757,240 for the General Fund, $8,593,380 for the Police Pension Fund, and $8,593,380 for the Fire Pension Fund, with an estimated tax rate of 3.14 mills inside the limitation. The budget projects total local tax revenues of $1,357,322,000 for 2026, including $1,267,378,000 in municipal income tax and $89,520,000 in real estate property tax, representing increases from 2025 estimates. The budget was required to be adopted by July 20, 2025, with failure to comply resulting in loss of local government fund allocation.
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The City of Lebanon, Pennsylvania presented its 2025 General Fund Budget to City Council on November 1, 2024, proposing no tax increase—marking the 10th consecutive year without an increase—while maintaining the millage rate at 4.581 mills. Key revenue projections include a modest 1.07% increase in real estate property tax receipts (rising $41,358) due to assessed property value increases of approximately $2.17 million, with an average property owner continuing to pay $475 annually. The budget narrative notes that most city employees are represented by unions with contracts expiring December 31, 2025, and discusses anticipated revenue from real estate transfer taxes and earned income taxes based on housing market conditions and economic factors.
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The City of Scranton submitted its 2024 Operating Budget on November 6, 2023, under Mayor Paige G. Cognetti and Business Administrator Eileen Cipriani, which includes estimated revenues from taxes and fees alongside detailed departmental expenditures that do not exceed projected income. The budget narrative highlights ongoing economic challenges including interest rate volatility, rising housing costs, and workforce pressures, while noting that Scranton has achieved budget surpluses in 2020–2022 and is tracking well in 2023 through careful expenditure management and healthcare cost reductions. The city is incrementally raising employee salaries to improve competitiveness with comparable Pennsylvania municipalities, and has issued a $4,070,000 General Obligation Note in 2023 for capital expenditures while minimizing increases to 2024 debt service; the city has also adopted Investment, Fund Balance, and Debt Management policies and created an Other Post Employment Benefits Trust to manage long-term liabilities.
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