Local sales tax collections in New York grew by 4% in August compared to the same month in 2022, according to data released Monday by state Comptroller Tom DiNapoli's office.
DiNapoli said collections reached $1.78 billion, which is higher than the $67.9 million collected in August of last year.
In New York City, collections totaled $760 million, an increase of 1.2%, or $9.1 million. County and city collections in the rest of the state totaled $913 million, an increase of 5.6%.
Schuyler County experienced the strongest growth at 63.3% while Orleans County had the largest decline at 7.7%.
“Local sales tax collections in August continue a pattern of moderate increases in 2023,” DiNapoli said. “With overall growth having all but returned to pre-pandemic rates, local officials should budget accordingly and monitor cash flow for the foreseeable future.”
Monthly sales tax collections are from the cash distributions made to counties and tax-imposing cities by the state Department of Taxation and Finance, and the amounts are based on estimates of what each municipality is due.
Luke Parsnow - New York State Politics Digital Content Producer
Luke Parsnow is the New York state politics digital content writer and producer at Spectrum News 1. He is an award-winning writer and political columnist and previously worked for CNYCentral in Syracuse and The Post-Star in Glens Falls, New York.
