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DiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… the trend of exceeding pre-pandemic levels, according to a report released today from State Comptroller Thomas P. DiNapoli. “Local sales tax collections continue to show year-over-year growth after experiencing significant … in sales tax collections during the third quarter compared to the same period last year. Outside of New York City, the …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter
… Sales tax revenue for local governments in New York state rose by 49.2% in the second quarter (April to June 2021) compared to the … The second change, the marketplace provision, now requires online marketplace providers, such as eBay and Etsy, to …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-sales-taxes-jump-49-point-2-percent-second-quarterDiNapoli: Local Tax Cap Will Be Two Percent in 2022
… today. This figure affects tax cap calculations for all counties, towns, and fire districts, as well as 44 cities …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-tax-cap-will-be-two-percent-2022New York’s Economy and Finances in the COVID-19 Era
… -9.3% $69,152 Financial Activities -37.9 -5.2% $191,494 Information -10.6 -3.9% $135,963 Source: NYS Department of …
https://www.osc.ny.gov/reports/covid-19-september-30-2020DiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… Local government sales tax revenue declined by 7.8 percent in August compared to the same period last year, according to … billion for counties and cities, or $111 million less than in August 2019. This drop in revenue is similar to the decline in July of 8.2 percent, …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustNew York’s Economy and Finances in the COVID-19 Era
… will happen to their household within the next two months. In addition, one-third said that it has been somewhat … canceled or changed significantly. Layoffs and Discharges in the Northeast Are at Pre-Pandemic Levels New data from the … of Labor Statistics (BLS) highlight the ongoing churn in employment during the COVID-19 era. The Northeast Region …
https://www.osc.ny.gov/reports/covid-19-september-16-2020New York’s Economy and Finances in the COVID-19 Era
… of New York State small businesses received assistance in recent months through the federal government’s Paycheck … survey data for the week ending June 27. $38.2 billion in PPP loans were approved for New York applicants through … provide guidance to lenders about prioritizing borrowers in underserved and rural markets, those borrowers, including …
https://www.osc.ny.gov/reports/covid-19-august-5-2020New York’s Economy and Finances in the COVID-19 Era
… for Unemployment Insurance totaled $32.1 billion from March 1 through July 17, with steep increases in … formation activity, fell in New York by 16.8 percent from the first quarter to the second quarter of 2020, … of New Yorkers are experiencing symptoms of anxiety or depression during the COVID-19 pandemic, according to …
https://www.osc.ny.gov/reports/covid-19-july-22-2020New York’s Economy and Finances in the COVID-19 Era
… were working at home before the pandemic. At least some if not most of these individuals likely continue to work at …
https://www.osc.ny.gov/reports/covid-19-august-19-2020DiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… for local governments in July fell 8.2 percent compared to the same period last year, according to New York State Comptroller Thomas P. DiNapoli. Collections … collections, a major source of revenue. This is going to have a long-lasting effect on revenues for counties, cities …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is … activity outlined below, continue to support the case for significant additional federal aid in response to the … industries, at 38.1 percent. Five industries accounted for over half of the decline in the State’s overall economic …
https://www.osc.ny.gov/reports/covid-19-october-14-2020New York’s Economy and Finances in the COVID-19 Era
… 9, 2020 Edition Selected Economic Trends More Than Half of Adult New Yorkers Affected by Loss of Employment Income As was widely reported, New York’s … 3.7 percent in February. But that rate is only one measure of the impact of lost jobs. 53% of New York adults age 18 and …
https://www.osc.ny.gov/reports/covid-19-july-9-2020New York’s Economy and Finances in the COVID-19 Era
… in the size of the workforce may indicate that individuals have ceased searching for a job actively. New York also led … extent than the June peak. In recent weeks, such payments have been between $700 million and $875 million each … of New York households experiencing a food shortage have ranged between 210,000 and 295,000. New York State …
https://www.osc.ny.gov/reports/covid-19-october-28-2020DiNapoli: Wall St. Profits Soared in First Half of 2020
… in decline. As firms have moved to less expensive locales around the metropolitan region and the country, New York’s … of industry employees were White, 22 percent were Asian American, 9 percent were Hispanic and 7 percent were African American (based on most recently available 2019 data). …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: Local Sales Tax Collections Up 1.6% in First Quarter
… flat, resulting from a variety of economic influences.” Tourism Strong Again in New York City In the first quarter of … in 2020 and 2021. New York City’s growth reflects a tourism industry that has nearly fully recovered from the …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-local-sales-tax-collections-16-first-quarterDiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… The State Fiscal Year (SFY) 2017-18 Enacted Budget increases … programs, but authorizes more than $10.5 billion in new state debt and allows billions of dollars in lump sum … into the fiscal year, the Legislature and Executive acted on critical budget issues that will help New York move …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadDiNapoli: Local Sales Tax Collections Grew by 14% in October
… Local sales tax collections in New York state increased by 14.1% in … had the steepest decline (-16.1%). Monthly sales tax distributions made to counties and tax-imposing cities are based on estimates by the state Department of Taxation and Finance. …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-local-sales-tax-collections-grew-14-octoberDiNapoli: Local Sales Tax Collections Up Nearly 12% in July
… Local sales tax collections in New York state increased by 11.9% in July compared to the … made to counties and tax-imposing cities are based on estimates by the Department of Taxation and Finance. In …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-local-sales-tax-collections-nearly-12-percent-julyThe Condition of Locally Owned Bridges in New York State
… details about the bridges in that location. All data comes from the Federal Highway Administration’s (FHWA) …
https://www.osc.ny.gov/local-government/condition-locally-owned-bridges-new-york-stateDiNapoli: Local Sales Tax Collections Up 2.2% in Second Quarter
… P. DiNapoli. While this growth was largely driven by New York City, all other regions of the state also saw increases. “Growth in … cooled through the second quarter,” DiNapoli said. “New York City was again the largest single contributor to …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-local-sales-tax-collections-22-second-quarter