Saturday, February 27, 2010
Sales tax collection down
Last year's county sales tax collections in New York were the worst in more than 17 years, according to a report released Monday by New York State Comptroller Thomas DiNapoli.
While Westchester County saw the largest sales tax collection decline, of 10.3%, tax collection in New York City, which includes five counties, still fell a whopping 5.9% in 2009, compared with the year earlier. Overall, gross county sales tax collections were $6.2 billion statewide, a 6% decline from that collected in 2008.
“This is yet another sign that the Great Recession is having a continuing impact on our communities across New York,” said Mr. DiNapoli in a statement. “These numbers are sobering.”