Annual Reports > Financial Condition, Fiscal Stress, General Oversight, Revenues/Cash Management, Sales Tax
This Annual Report seeks to highlight some of the year’s important policy developments and trends for local governments.
Research Reports > Fiscal Stress, Sales Tax
This report highlights the Central New York region’s geography, demographics, municipalities, economy and labor markets, and includes a discussion about what the future may hold for the region.
Research Reports > Sales Tax
Westchester, Rockland, Putnam, Orange, Dutchess, Ulster and Sullivan counties make up New York’s Mid-Hudson region. Much of the region is suburban, with greater development near the Hudson River, Metro-North railroad stations and major roadways into New York City. Economically, the Mid-Hudson region is relatively prosperous: county median incomes and property values are both well above the State and national averages as are the costs of living and doing business there. Current unemployment is below 5 percent in most of the counties, with a significant number of residents commuting to New York City. Recent economic development efforts have focused on attracting biotechnology and other high-tech manufacturing and on activities that take advantage of the region’s extensive road systems and generally well-developed infrastructure.
Research Reports > Fiscal Stress, Sales Tax
Westchester, Rockland, Putnam, Orange, Dutchess, Ulster and Sullivan counties make up New York’s Mid-Hudson region. Much of the region is suburban, with greater development near the Hudson River, Metro-North railroad stations and major roadways into New York City. Economically, the Mid-Hudson region is relatively prosperous: county median incomes and property values are both well above the State and national averages as are the costs of living and doing business there. Current unemployment is below 5 percent in most of the counties, with a significant number of residents commuting to New York City. Recent economic development efforts have focused on attracting biotechnology and other high-tech manufacturing and on activities that take advantage of the region’s extensive road systems and generally well-developed infrastructure.
Research Reports > Sales Tax
Total local sales tax collections in New York State grew by $552 million, or 3.6 percent, from 2014 to 2015 This was stronger than the 3.0 percent increase in the prior year. New York City sales tax collections grew by 7.3 percent, or $487 million, about half of which was due to an adjustment for incorrect payments in previous years. Excluding New York City, growth in local sales tax collections was 0.7 percent, with 30 of 57 counties outside of New York City having declines in their 2015 sales tax collections.
Annual Reports > Financial Condition, Fiscal Stress, Reporting, Revenues/Cash Management, Sales Tax
The 2015 Annual Report on New York State’s local governments describes the revenue and expenditure trends affecting our counties, cities, towns, villages and school districts, and highlights some of the work the Office of the State Comptroller (OSC) is doing in the areas of policy research, auditing and training.
Research Reports > Sales Tax
In the first half of 2015, total local sales tax collections in New York State grew by only about half of the 3.0 percent growth seen in all of 2014 and nearly two thirds less than the 4.2 percent average annual growth experienced over the previous 15 years. Sales tax revenue declined in half of the regions in the State, with the sharpest decline being in the North Country, which saw a 2.5 percent drop. | [read county-by-county data - pdf]
Research Reports > Revenues/Cash Management, Sales Tax
The sales tax generates 8 percent of all local government revenues in New York State and 27 percent of county revenues. This report examines the general sales and use tax imposed for local governments in the State. It covers the sales tax rates in counties and cities, and trends in sales tax revenues for local governments. It also includes an up-to-date county-level summary of sales tax sharing arrangements and discusses recent activity in the taxation of Internet sales.
Research Reports > Sales Tax
Local sales tax growth was slower in 2014 than in any year since the 2008-2009 recession, in part due to slow growth in the first quarter of the year. Long Island collections declined, some upstate counties had strong growth due to increased sales tax rates, and New York City's growth was relatively strong. | [read county-by-county data - pdf]
Annual Reports > Fiscal Stress, Revenues/Cash Management, Sales Tax
This report provides you with a summary of trends in local government revenues and spending. It also offers the opportunity to reflect upon major local policy developments that occurred in 2014, as well as to highlight the important work that we have done and will continue to do here at the Office of the State Comptroller (OSC).
Research Reports > Sales Tax
Although total local sales tax collections have grown each quarter since the end of the 2008-2009 recession, the rate of this growth has shown a downward overall trend. [read county-by-city data - pdf]
Research Reports > Sales Tax
Sales tax is a major revenue source for New York City and the 57 counties. The strongest growth for 2013 was in the Long Island region Some of the rapid sales tax growth seen there and in New York City was due to the rebuilding efforts after Hurricane Sandy.
Annual Reports > Fiscal Stress, Revenues/Cash Management, Sales Tax
This 2013 Annual Report on Local Governments highlights the difficult fiscal environment under which local officials are expected to fulfill their obligations to the people they serve, and outlines the steps OSC is taking to assist in these efforts.
Research Reports > Reporting, Revenues/Cash Management, Sales Tax
In 2012, the full market value of all real property in New York State was estimated at $2.5 trillion dollars with about $826 billion exempt from one or more types of taxes. This report explores what tax exemptions are, where they are most prevalent, and what local governments may do to minimize their impact.
Research Reports > Sales Tax
Local Sales Tax Collections Up 5.7 Percent in First Half of 2013; Growth Concentrated Downstate
Research Reports > Budgeting, Fiscal Stress, Sales Tax
Many of New York’s local governments are still struggling with the effects of the recent recession. The following report takes a look at how some of the drivers of fiscal stress have affected counties, cities, towns, and villages.
Annual Reports > Fiscal Stress, Reporting, Revenues/Cash Management, Sales Tax
This report highlights the many services that are available to local officials through our Division of Local Government and School Accountability, including audits, training and research.
Research Reports > Sales Tax
Sluggish growth in sales tax revenues adds additional pressure to already strained county budgets and to the budgets of other local governments that receive sales tax revenues through sharing agreements. | [read county-by-county data - pdf]
Research Reports > Sales Tax
Local sales tax collections grew by $650 million, or 5 percent, from 2010 to 2011, compared to a growth rate of 9.9 percent between 2009 and 2010. However, nearly a third of the 2010 growth was attributable to a sales tax rate increase in New York City. Without this, growth would have been about 7 percent. | [read county-by-county report - pdf]
Annual Reports > Revenues/Cash Management, Sales Tax
This report highlights the new fiscal realities facing local governments and school districts as they work to comply with the new property tax cap while grappling with the lingering effects of the recent recession. In addition, the report addresses recent audits and summarizes many of the services and activities provided by our Division of Local Government and School Accountability.