General fund imbalance, possible tax increases discussed at Milford council’s retreat

MILFORD — City Council met over Zoom on Tuesday for the first segment of its annual retreat, which was focused on the city’s finances. A primary area of concern was imbalances in Milford’s general fund, which holds much of the money used to finance the city’s daily operations. “This is the first of a couple […]

Milford mulls tax increase and sources for police station funding

MILFORD — The city’s Finance and Public Works Committee met Monday to discuss the need for a tax increase and potential funding sources for a new police station. “We have a balanced budget,” said Lou Vitola, Milford’s finance director, “but there are some issues with the structural balance in the general fund.” A budget is […]

Impact fee proposal supporting schools gaining interest in Sussex

Like their Kent and New Castle County counterparts, school districts in Sussex County would reap financial benefit of development through an impact fee proposal that is generating interest and support. Milton resident Jeffrey Seemans at the Oct. 20 Sussex County Council meeting presented this proposal, which he said would enhance districts’ capital finances for major […]

Appeals court: Trump must turn over taxes to prosecutor

NEW YORK (AP) — President Donald Trump’s accountant must turn over his tax records to a New York state prosecutor, an appeals court ruled Wednesday in a decision that likely sets up a second trip to the U.S. Supreme Court over the issue. The 2nd U.S. Circuit Court of Appeals in Manhattan said in a […]

IRS extends deadline for $500 Economic Impact Payments

The IRS has extended its deadline to Sept. 30 for people to provide information to the IRS using its Non-Filer Tool at www.irs.gov/coronavirus/non-filers-enter-payment-info-here. People should do this if they: • receive Social Security retirement, survivors, or disability benefits, or Supplemental Security Income (SSI) payments;• did not file a 2019 or 2018 tax return;• have a […]

Appeals court won’t step in for now on Trump tax records

NEW YORK (AP) — A federal appeals court said Friday it wouldn’t step in right away to delay New York prosecutors’ effort to get President Donald Trump’s tax records, potentially leaving the Supreme Court as his most promising option to block prosecutors’ subpoena. The 2nd U.S. Circuit Court of Appeals denied Trump’s request to immediately […]

Sussex County begins issuing annual property tax bills

GEORGETOWN — Sussex County tax bills are headed out the door.The county’s billing services office has begun issuing bills for the 2021 fiscal year, totaling an estimated $166.3 million in tax revenue. Each August, Sussex County government issues tens of thousands of tax bills for the more than 179,000 parcels in the county, with revenue […]

Dover delays property tax payments by two months

DOVER — The city of Dover has decided to give a little bit of relief to property owners amid the coronavirus (COVID-19) pandemic. Members of Dover City Council voted unanimously during their virtual meeting on Monday night to approve the city manager department’s plan to extend the deadline for property owners to file their taxes […]

Tax filings down but unemployment claims up in Delaware

DOVER — On average, state tax refunds are currently being returned in 15 days, Director of Revenue Jennifer Hudson said during a public call Friday. Some have been issued in seven days, she said. The deadline to file was moved back is July 15 due to fallout from the ongoing COVID-19 pandemic. Ms. Hudson urged […]

Judge says outdated tax assessments violate Delaware law

DOVER — A state judge has issued a landmark ruling declaring that local government officials in each of Delaware’s counties are violating both state law and Delaware’s constitution in using woefully outdated property tax assessments to fund public schools. The Chancery Court judge ruled Friday that the county tax assessment schemes violate a state law […]