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Sales Tax 0212

Sales Tax 0212

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Published by JimmyVielkind

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Published by: JimmyVielkind on Feb 21, 2012
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02/21/2012

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Localsalestaxcollectionsgrewby$650million,or5.0percentfrom2010to2011,comparedtoagrowthrateof9.9percentbetween2009and2010.However,nearlyathirdofthe2010growthwasattributabletoasalestaxrateincreaseinNewYorkCity.Withouttheeffectsofthisrateincrease,growthin2010wouldhavebeenabout7percent.NewYorkCitysalestaxcollectionsgrewby$328million,or6.1percentin2011,comparedto2010whencollectionsgrewby17.4percent.However,thegrowthin2010wasduetotheincreaseintheCity’staxrateandtheeliminationoftheexemptiononclothingandfootwearover$110.Adjustingfortheratechange,growthin2010wouldhavebeenabout10percentcomparedtothe6.1percentgrowthin2011.OutsideNewYorkCity,countysalestaxcollectionsgrewfrom$6.52billionin2010to$6.79billionin2011,a4.1percentincrease,comparedtoagrowthof4.7percentthepreviousyear.Overthepasttwoyears,countysalestaxcollectionshaveregainedthelossessustainedafteranearly6percentdeclinein2009.In2011,countysalestaxcollectionswere$166million(2.5percent)higherthantheirpre-recessionlevelin2008.
NEW YORK STATE OFFICE OF THE STATE COMPTROLLER
Division of Local Government and School Accountability 
Thomas P. DiNapoli • State Comptroller 
February 2012
Local GovernmentSnapshot
Sales Tax Collections Continue to Rebound;Growth Rate Slows
$4.5$5.0$5.5$6.0$6.5$7.0
Recessions
County Sales Tax Collections 2000-2011 (excluding NYC)
   B   i   l   l   i  o  n  s
5.9%4.8%5.4%2.4%4.0%3.4%4.8%8.6%4.4%6.1%
0%1%2%3%4%5%6%7%8%9%10%
Local Sales Tax Collections by Region 2010 to 2011
   P  e  r  c  e  n   t  a  g  e   C   h  a  n  g  e
Capital Central Finger Long Mid Mohawk North Southern Western New YorkDistrict NY Lakes Island Hudson Valley Country Tier NY City

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