N.Y. State Comptroller DiNapoli: Local Sales Tax Collections Drop Over 32 Percent in May
June 13, 2020
June 13, 2020
ALBANY, New York, June 13 -- New York State Comptroller Thomas P. DiNapoli issued the following news release:
Sales tax revenue for local governments in May fell 32.3 percent compared to the same period last year, according to State Comptroller Thomas P. DiNapoli. Sales tax collections for counties and cities in May totaled $918 million, or $437 million less than 2019.
The sharp decline in revenues was widespread around the state, ranging from a drop of 19.5 percent in . . .
Sales tax revenue for local governments in May fell 32.3 percent compared to the same period last year, according to State Comptroller Thomas P. DiNapoli. Sales tax collections for counties and cities in May totaled $918 million, or $437 million less than 2019.
The sharp decline in revenues was widespread around the state, ranging from a drop of 19.5 percent in . . .