Comptroller: Local Sales Tax Grows by 9% in November
Local sales tax collections in November 2022 rose by 8.8% compared to the same month in 2021, according to New York State Comptroller Thomas DiNapoli. The total amount of local collections, state-wide, was $1.7 billion, a $139 million bump from year to year.
“November marked another solid month for sales tax collections for local governments,” DiNapoli said. “Although many forecasters predict 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.”
By region, New York City collected $770 million, a nearly 11% increase from 2021. The largest increase by county was in Western New York, where Wyoming County saw a 17.5% increase.
Rockland County had the largest decline from year to year, with the November receipts coming in 11% below 2021 figures.
A link to a complete breakdown of the Comptroller's report can be found here.