13 results for “real estate transfer tax”
13 results for “real estate transfer tax”
This is an agenda for a City of Oakland Budget Advisory Commission meeting scheduled for Wednesday, October 22, 2025, from 6:00 PM to 8:00 PM in Council Chambers. The seven-member Commission, comprising Mandela Bliss, Larisa Casillas, Mike Forbes, Ben Gould, Mike Petouhoff, Jane Yang, and Stephisha Ycoy-Walton, will address commissioner appointments and elections, review the adopted FY25-27 budget, and consider a Council Finance & Management Committee report on options to raise an additional ongoing $40 million in General Purpose Fund revenues. The agenda also includes discussion of a Community Engagement Ad Hoc assessment on the 2025-2027 budget process and a Consolidated Fiscal Policy amendment recommendation regarding real estate transfer tax revenues. The Finance Department will provide updates, and the public may observe via KTOP Granicus, Zoom webinar, or in person.
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Carroll Township, Perry County does not levy a real estate tax on residents, instead funding services through earned income tax (1.70%), fire tax (0.034 mills), per capita tax ($5.00), and real estate transfer tax (1.0%). The Spring 2023 newsletter announced a Spring Cleanup event scheduled for May 13, 2023, accepting tires, metal, and bulk trash with specific limits and fees, and noted that the Community Center is undergoing repairs funded by COVID relief funds, with furnaces installed and roof replaced, pending water system permitting.
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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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This 2023 taxation chapter from Ontelaunee Township, Berks County, Pennsylvania establishes the comprehensive regulatory framework governing multiple tax categories including real estate tax, earned income tax, local services tax, and realty transfer tax. The document sets the tax collector's compensation at $3.00 per real estate tax bill collected (including street light assessments) and $3.00 per interim tax bill collected, effective January 1, 2020. The chapter also addresses tax administration procedures, penalty structures, exemptions, and delinquent tax collection mechanisms across nine articles covering collector compensation, real estate taxation, earned income tax, local services tax, realty transfer tax, per capita tax repeal, delinquent tax collection, and economic stimulus tax exemptions.
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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 Wilmington established tax rates for Fiscal Year 2022 across eight revenue categories. The rates include a 1.25% wage tax on resident and non-resident earned income, a 1.25% net profit tax, a property tax of $1.995 per $100 of assessed value (based on 1983 valuations), a $15 monthly head tax per employee (for businesses with 6+ employees), a 1.50% real estate transfer tax, franchise taxes of 2% on electricity and 5% on cable television, a 2% natural gas tax, and a 2% lodging tax on hotel room rentals within city limits.
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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 Township of Bethlehem's 2023 Adopted Budget document, finalized December 19, 2022, presents comprehensive revenue and expenditure projections across six funds: General Fund, Sewer Fund, Liquid Fuels Fund, Capital Reserve Fund, Fire Tax Fund, and Stormwater Fund. Total General Fund tax revenue is budgeted at $15,976,510 for 2023, with earned income tax constituting $5,450,000, real estate tax at $7,103,510, and real estate transfer tax at $1,275,000. Licenses and permits revenue totals $841,700, and the budget includes detailed expenditure summaries and minor equipment allocations across all operating funds.
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