Wednesday, April 10, 2013
A look at the fiscal year 2014 budget.
As Greenbelt's city council continues their discussion around next year's budget, here's where some of the tax revenue may be spent. According to the city of Greenbelt's website, one proposed capital project for fiscal year 2014, is replacing and upgrading a portion of the city's HVAC system in the community center. The council is looking at budgetting $360,000 for that project, in hopes of reducing electricity costs by 10 percent or $8,500 starting in 2015. The full budget breakdown and analysis is available on the city's website. The budget is separated in categories: The council will meet tonight for a budget work session at 8 p.m. in the Greenbelt Communitty Center at 15 Crescent Road.
Thursday, January 3, 2013
Sunday's home playoff games in Landover and Baltimore will bring in $2.5 million each, state comptroller Peter Franchot told The Washington Post.
While Sunday's football schedule is shaping up to be a dream day for fans of the Washington Redskins and Baltimore Ravens, it's also a financial boon for the state. The Redskins and Ravens games — each hosting Sunday's NFL wild card round playoffs — are expected to net approximately $2.5 million in taxes for Maryland, state comptroller Peter Franchot told The Washington Post . Franchot said the increase in taxes is expected to come from "sales of high-priced playoff tickets, souvenirs, and concessions as well as taxes on bonuses for players and coaches," among other places, according to the report. “When both teams are in the playoffs, there’s a synergistic impact where folks just feel better in Maryland, and when folks feel better there’s…
Thursday, October 25, 2012
Expanded table gaming could lead to new development at the National Harbor, reports the Washington Business Journal.
Could an MGM casino be headed to the National Harbor? Quite possibly, if MGM International CEO James Murran gets his way. Murran told Washington Business Journal that if Question 7 passes in November his company may bid to build a casino in the National Harbor, a location Murran describes as ideal because of its sweeping views and proximity to three major airports. MGM did not bid on a Maryland casino in 2007, citing the state’s 67 percent tax rate on gambling revenue and required state ownership of video lottery terminals (VLTs), reports Washington Business Journal. However, if Question 7 passes, casinos would be permitted to own their own VLTs and the tax rate on table gambling revenue would drop down to 25 percent. Not everyone is so …
Saturday, September 8, 2012
Greenbelters and friends use 10 pennies to weigh in on where they want their tax dollars to go.
Greenbelt Labor Day Festival participants got a chance to speak out on taxes Saturday—with pennies. The idea was simple, nine jars, 10 pennies—and participants chose the jars to put them in. The "Penny Poll" was featured at the Prince George's County Peace & Justice Coalition exhibit and its sponsors are part of the grassroots campaign, "Fund Our Communities - Bring War Dollars Home." Sixty festival-goers took part and here are the results: Military current operations- 5% Central government administration- 5% Veterans' benefits- 8% Civilian space exploration- 9% Transportation, commerce, housing- 9% National debt payment- 10% Social Security and other income supplements- 12% Agriculture, energy, natural resources- 17% Health care…
Monday, April 2, 2012
A face off between nearby cities and towns on where to go for last-minute tax help.
In 1789, Benjamin Franklin wrote to Jean-Baptiste Leroy, “In this world nothing can be said to be certain, except death and taxes." Though paying taxes may be inevitable, this year the Internal Revenue Service has announced a two-day stay of execution. Taxpayers will have until Tuesday, April 17, to file their 2011 tax returns since April 15 falls on a Sunday, and Emancipation Day—a holiday in the District of Columbia—falls on Monday, April 16. But two more days or not, as Margaret Mitchell notes in Gone With the Wind, "Death, taxes, and childbirth! There's never any convenient time for any of them." Perhaps the most relief one can expect from the annual agony is to let someone else prepare their tax forms or at least supply a little help …
Thursday, February 23, 2012
Cost of housing, daycare and taxes drove the figure up more than 40 percent over 10 years.
Thursday, February 23, 2012
By Catherine Irwin Capital News Service Families with young children in Prince George's County need to make more than $50,000 a year to cover just their basic living expenses, according to a new report. That figure is up more than 40 percent over the past 10 years, driven largely by the cost of housing, daycare and taxes. While Prince George's is the wealthiest majority black county in the country, the report says families with modest incomes living well above the official poverty line are struggling to make ends meet. People are increasingly turning to the government and social service organizations for help. The monthly average of food stamp applications has increased by 53 percent since 2007, and there was an increase of about 23 …
Thursday, February 9, 2012
Greenbelt residents of all ages can get help with their 2011 federal and state taxes.
Free tax help arrived for Greenbelt residents of all ages on Tuesday. It was the kick-off for the AARP's annual tax help program, which has been serving Greenbelt for more than 10 years. Greenbelt volunteers, who are IRS and AARP trained, will offer residents assistance with their 2011 state and federal income taxes through April 12, on Tuesdays and Thursdays in Greenbelt. Greenbelters do not have to be members of AARP to get help, but they do need an appointment. Greenbelt Intergenerational Volunteer Exchange Service's (GIVES) has begun scheduling appointments, which are being offered twice a week. Four to five individual preparers will be on hand to help residents from 10:15 a.m. to 1:15 p.m. Three rounds of appointments will be offered…