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Sales tax revenue still growing in New York

  • / Updated:
  • Staff Report 

Sales tax revenue is still growing in New York.

The state comptroller’s office noted an 8.8% increase in November compared to the same time one year ago.

Local tax collections reached $1.72 billion.

“November marked another solid month for sales tax collections for local governments,” DiNapoli said. “Although many forecasters are predicting that national retail sales will be strong this holiday season, local officials should continue to monitor the economic factors impacting sales tax when estimating their own revenue projections for the remainder of the year.”

Categories: New York StateNews