DiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments

Posted to Applied Web NY on Tue, 10/06/2020 - 19:56

New York’s municipalities collected nearly $17 billion in sales tax revenue in 2019, representing 9.7 percent of all local government revenue, according to a comprehensive report on local sales tax released today by State Comptroller DiNapoli. Every county and city in the state, along with many towns and villages, depend on these funds to pay for essential services and operations, revealing the statewide impact of the revenue losses from the pandemic.

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