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  • Writer's pictureBusiness Council Staff

New York State Sees a Bump In Sales Tax Collections

Local sales tax collections once again increased across New York State, as November saw a 5% bump compared to the same time a year ago, according to data from New York State Comptroller Thomas DiNapoli. The increase amounted to $1.8 billion in total collections, an almost $90 million increase from 2022.

“Consumers across the state increased their spending heading into the holiday season, with all regions seeing year-over-year increases for the month,” DiNapoli said via a press release.

For the month of November, New York City collected $815 million in taxes, a 6% or $45 million jump from 2022, while the rest of the state collected $887 million, a 4.5% bump from the previous year.

In all 55 out of 57 counties experienced year-over-year increases, DiNapoli noted.

The monthly sales tax collections are from cash distributions made to counties and tax-imposing cities by the state Department of Taxation and Finance, and the amounts are based on estimates of what each municipality is due.


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