A top conspirator in a fraud and money-laundering scheme was sentenced to 15 months in prison and ordered to pay $3.5 million in restitution for his role in defrauding franchised dealerships and vehicle brokers.
Production of midsize pickups and full-size vans at GM’s Wentzville, Mo., assembly plant has been impacted by a strike at a nearby supplier factory.
Seminole County will stop offering large tax cuts to apartment owners who designate a certain number of units as affordable housing to reduce their property tax bills under Florida’s Live Local Act.
“When that [tax] revenue stream does not come to the county, those are services that are going to be picked up by the rest of the taxpayers. It’s going to fall on their shoulders,” Seminole Commission Chair Jay Zembower said Tuesday before joining other board members in agreeing to opt out of the tax cuts.
If Seminole continued offering the tax breaks — as much as 75% for each apartment unit — it could feasibly lose an estimated $4 million a year in tax revenue, Seminole Property Appraiser David Johnson told commissioners.
“So it’s real money,” Johnson said.
Seminole now joins Lake County and Winter Park in denying the tax cuts. Other municipalities are expected to follow. Maitland, for example, is scheduled to take up the issue at an upcoming council meeting.
Under the Live Local Act, any apartment project is eligible for the tax savings if it’s less than five years old, has at least 70 units and offers rents affordable to tenants making up to 120% of the region’s median income — about $90,000 for a two-member household.
Tesla reported revenue of $25.5 billion in the second quarter, compared with $24.9 billion a year earlier. Wall Street analysts on average had estimated revenue at $24.8 billion.
By Melissa Lambarena | NerdWallet
By now, the higher cost of goods and services may have prompted you to consider using buy now, pay later plans, credit cards or other options to cover everyday expenses. These options can be easy to turn to in a time of need, but doing so frequently could indicate trouble ahead.
If that’s your circumstance, you’ll want to have a plan long before your well of credit runs dry. By exploring community resources or seeking the help of experts, you may come up with a better solution that won’t derail your finances.
Here are some actions that can lessen reliance on credit for essential purchases.
Review debit and credit card statements to take note of all expenses, including debts. Look for opportunities to eliminate unnecessary purchases or switch to less costly alternatives, and explore options to lower interest rates on those debts. Contributing to an emergency fund — even just a little at a time, if you can spare it — can further prevent reliance on credit.