And they’re off! State and local tax revenues are off to positive start for the first time since Q3 2008. The first quarter of 2010 saw state collections growing on a year-over-year basis, but according to the Rockefeller Institute of Government, there is little cause for celebration.
A storm has been brewing between state and local tax officials and the online travel industry for the last several years over hotel occupancy taxes. From New York to San Francisco, Washington to Georgia, states and cities have taken companies like Orbitz, Travelocity and Expedia to court for what has been characterized as stealing, tax [...]
Connecticut Governor M. Jodi Rell vetoed legislation that would have taxed bonuses paid to people who work for financial companies that received TARP funding. The Governor said that while she agrees that the bonuses were inappropriate, the bill will likely trigger a legal battle. The legislation would have added a temporary 2.7% income-tax, bringing the [...]
The Colorado Department of Treasury unveiled a new feature this week designed to help Coloradans understand how their state tax dollars are spent on an individual or household level. State Treasurer Cary Kennedy told CivSource that the interactive website is intended to show taxpayers a clear line from their paycheck to their communities.
INPUT believes that state and local government revenue forecasts will begin to catch up with the realities of the economy in 2010. But just because statehouses across the country will be able to more accurately project future revenues, does not mean those numbers will be encouraging. And 2010 will be a big election year for [...]
The Senate passed a piece of legislation yesterday meant to spur job creation, receiving an extra vote of confidence from the National League of cities, providing this latest bill was a stepping stone towards more help for America’s cities and towns.
According to a release Wednesday, Accenture and SAS announced a plan to jointly develop and implement a series of industry-specific predictive analytic applications, beginning with the financial services, healthcare and public service sector. Industry observers and the companies’ officials said the decision was made due to extraordinary demand and a rapid adoption of analytic techniques [...]
Yuma and Coconino counties in Arizona have purchased property tax assessment and appraisal solutions from Tyler Technologies, the company announced today. The $1.2 million deal will help the counties improve tax appraisal management and allow better access to records and documents, officials said.
For most state governments, January 1 will not signal the beginning of a new year, full of promise and a chance to start from a clean slate. January 1 for many states is the middle of their fiscal year, and according to the National Conference of State Legislators, thirty-six states are already facing $28.2 billion [...]
A study out Monday find that tax collections are down by double digits across forty-four states in the third quarter, forecasting continued strain on state and local budgets well into next year. However, state unemployment rates are showing slight signs of decline, another study finds.
