Local sales tax collections in New York state increased by 8.8% in November compared to the same month in 2021, according to an analysis released today by State Comptroller Thomas P. DiNapoli. Overall, local collections totaled $1.72 billion, up $139 million compared to the same time last year.
“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.”
New York City’s collections totaled $770 million, an increase of 10.7%, or $74 million, over November of 2021. All but a handful of counties experienced some year-over-year growth in November collections, with Wyoming County seeing the largest increase at 17.5%, followed by Lewis and Delaware counties at 14.9% and 14.7%, respectively. Rockland County had the steepest decline (-11.3%).
Monthly sales tax distributions made to counties and tax-imposing cities are based on estimates by the state Department of Taxation and Finance. In the third month of each calendar year quarter, these distributions are adjusted upward or downward, so that the quarter as a whole reflects reported sales by vendors. The next quarterly numbers (for October-December) will be available in January.
Table
Monthly Local Sales Tax Collections by County and Region (for detailed monthly breakdown)
Track state and local government spending at Open Book New York. Under State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial records, track state contracts, and find commonly requested data.
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December 14, 2022 at 10:45PM
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DiNapoli: Local Sales Tax Collections Grow by Nearly 9% in November - Office of the State Comptroller
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