State Comptroller Tom DiNapoli has reported local sales tax revenues across the state for the first half of calendar year 2017 were up by an average of 3.3 percent over the same period last year. Every region experienced growth, following years when collections in many upstate regions were weak.
Cayuga Strategic Solutions Executive Director Tracy Verrier tells Finger Lakes News Radio the results are good, even though the weather wasn’t.
The strongest growth was in Oswego County at 16.7 percent. Cayuga County brought in $18.6 Million, a 15.1 percent increase over the first half of last year, while Auburn’s $4.2 Million increase was a respectable 2.3 percent, just over a percentage point below New York City. Seneca County was up 10.8 percent to $11.7 Million, while Ontario County’s growth was just 1.5 percent to $38.5 Million.
The report says “Given the relatively small size of total sales taxes collected by these counties in a year, even modest shifts in dollar amounts can result in large year-over-year percentage changes.”
You can read the full report here.