DiNapoli: January Local Sales Tax Collections Down 5.9 Percent

Link: https://www.osc.state.ny.us/press/releases/2021/02/dinapoli-january-local-sales-tax-collections-down-5-point-9-percent

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Excerpt:

Local government sales tax collections statewide were down 5.9 percent in January compared to the same time last year, State Comptroller Thomas P. DiNapoli announced today. Collections totaled $1.5 billion, down $95 million from January 2020.

The decline was less than the 8.4 percent drop in December and the double-digit declines in the earlier months of the pandemic (April-June).

“The COVID-19 pandemic continues to weigh heavily on New York’s local governments, even as vaccines are being distributed and infection rates are declining from all-time highs,” DiNapoli said. “Congress must pass a COVID relief bill that helps our local governments during this crisis. Majority Leader Schumer and the entire New York congressional delegation know how much our local communities are suffering and are working diligently to get them aid.”

Author(s): Thomas DiNapoli

Publication Date: 17 February 2021

Publication Site: Office of the New York State Comptroller