The Oneida Daily Dispatch (Oneida, NY)

Dinapoli: Statewide local sales tax revenue declined in October

- By The Dispatch Staff newsroom@ oneidadisp­atch. com @ Oneidadisp­atch on Twitter

NEWYORK » Local government sales tax revenue declined by 5.2% in October compared to the same month last year, according to State Comptrolle­r Thomas P. Dinapoli. October’s sales tax collection­s totaled $ 1.4 billion for counties and cities, or $ 74.4 million less than in October 2019.

This drop was less severe than previous declines since the start of the COVID- 19 pandemic, particular­ly in the spring when collection­s fell by double- digits. Still, declines in local sales tax collection­s continue to mount, and overall local government collection­s in 2020 ( Jan.- Oct.) are down nearly $ 1.6 billion ( 10.4 percent) compared to the same period in 2019.

“Statewide local sales tax collection­s have declined year- overyear for eight straight months,” Dinapoli said.

“Our local government­s are on the forefront of the pandemic response and they need financial aid from the federal government to help them get through this crisis,” Dinapoli added.

New York City had a 5.3%, or $ 34.5 million, decline in sales tax revenue in October, and all

but eight counties in the state saw drops in collection­s as well, ranging from 0.8% in Jefferson and Rockland counties to nearly 19% in oswego and Monroe counties.

On a regional basis, sales tax collection­s were down across the board, ranging from a decline of 2% in the North Country to a drop of 13.5 percent in the Finger Lakes.

Dinapoli reported last month that local sales tax collection­s dropped 9.5% in the July- September quarter, down $ 452 million from collection­s in the same quarter of 2019.

Newspapers in English

Newspapers from United States