House leaders, who say they want to bolster public education spending, have also proposed more than tripling the size of a program that sends millions in state funds to private schools even though information is not available on how the money is spent. The state Department of Revenue is responsible for certifying the private schools
The Village of Islandia plans to eliminate property taxes once the Jake’s 58 casino expansion is complete, saving village residents hundreds of dollars per year, Mayor Allan Dorman said. The village will get an additional boost of $2 million a year under an amended 2021 taxpayer relief agreement with Suffolk OTB, which owns the casino, according to documents obtained
Disney shareholders will deliver a verdict later Wednesday in the company’s long-running struggle over leadership at one of the spring’s most costly and closely-watched annual meetings. At issue is an effort by billionaire investor Nelson Peltz of Trian Capital, who has blasted the Disney board over botched leadership planning after the entertainment giant reinstated long-running
Kendall County has been chosen to receive $60,048.00 to supplement emergency food and shelter programs in the county. The selection was made by a National Board that is chaired by the Department of Homeland Security’s Federal Emergency Management Agency and consists of representatives from American Red Cross; Catholic Charities, U.S.A.; National Council of Churches of
When faced with pleas to extend Connecticut’s free school meal program, leaders of the Appropriations Committee encouraged testifiers at a public hearing Tuesday to go back to their districts and tap into federal COVID relief funds. The committee chairs expressed resistance to H.B. 5510, a bill that would renew the $11.2 million program that has
Photo credit KAZUHIRO NOGI AFP via Getty Images Japan’s Government Pension Investment Fund, one of the world’s largest pension portfolios, has recently shown interest in exploring bitcoin. On March 19, GPIF unveiled plans to devise new long-term investment policies aimed at adapting to the rapid technological changes and shifts within traditional finance. The fund has
A bipartisan group of Colorado policymakers approved nearly a dozen recommendations to soften the pinch of property tax increases Friday, including an “adjustable cap” on future hikes and mechanisms to spread out hefty tax bills. State Sen. Chris Hansen is chairman of the state Property Tax Commission, which issued its recommendations Friday. (Photo by AAron
Montgomery County taxing entities lost over $8.4 billion in property value in fiscal year 2022-23 following a backlog of homestead exemptions and record-setting levels of protest filings. The loss sets up a potential shortfall that could translate into higher tax bills for residents and affect state funding for school districts based on findings from the
The Government has decided not to give residential property investors as much tax relief as National promised Act in the parties’ coalition agreement. Rather than start phasing out the interest limitation rule in the current tax year, as stated in the agreement, it will start being phased out in the year to March 31, 2025.
With Britain expecting a general election later this year, the ruling Conservatives and Labour opposition are drawing up rival plans to help a key demographic: aspiring homeowners. An affordability crisis linked to decades of underinvestment in new homes — plus years of rock-bottom interest rates that pushed up property values — have piled pressure on