According to a calculation based on the real estate transfer tax paid on the transactions, they were paid a total of $2.72 million.
The most common revenue source is the real estate transfer tax, although many other options exist depending on state laws and political restrictions.
By law, the Trust Fund is to receive half of the receipts from real estate transfer taxes.
The program is financed separately from the rest of the budget by the real estate transfer tax, which generates more than the fund's budgeted level.
In 1978, he voted for the creation of a 1% real estate transfer tax.
Nantucket was the first place in the nation to create a land bank with a real estate transfer tax.
If the heritage area is adopted, administration offices and staff workers would probably be supported with funds from the state real estate transfer tax.
It was raised by a voter-approved 2 percent real estate transfer tax that has produced $15 million since taking effect in April 1999.
The city funds its operations through a real estate transfer tax that has built up a large surplus over the years.
In 1979 the city council levied an 0.5% real estate transfer tax on all transactions within the city to fund the renovations.
According to a calculation based on the real estate transfer tax paid on the transactions, they were paid a total of $2.72 million.
The most common revenue source is the real estate transfer tax, although many other options exist depending on state laws and political restrictions.
By law, the Trust Fund is to receive half of the receipts from real estate transfer taxes.
The program is financed separately from the rest of the budget by the real estate transfer tax, which generates more than the fund's budgeted level.
In 1978, he voted for the creation of a 1% real estate transfer tax.
Nantucket was the first place in the nation to create a land bank with a real estate transfer tax.
If the heritage area is adopted, administration offices and staff workers would probably be supported with funds from the state real estate transfer tax.
It was raised by a voter-approved 2 percent real estate transfer tax that has produced $15 million since taking effect in April 1999.
The city funds its operations through a real estate transfer tax that has built up a large surplus over the years.
In 1979 the city council levied an 0.5% real estate transfer tax on all transactions within the city to fund the renovations.
