April Local Sales Tax Collections Up Nearly 46 Percent From 2020, May 2021
Local government sales tax collections in April grew by 45.7 percent over the same month in 2020. Collections totaled $1.5 billion, up $464 million from April of last year.
Local government sales tax collections in April grew by 45.7 percent over the same month in 2020. Collections totaled $1.5 billion, up $464 million from April of last year.
Sales tax revenue for local governments in New York State declined by 3.9 percent in the first quarter compared to the same period last year. Sales tax collections from January through March totaled $4.3 billion, which was $173 million less than the first quarter of 2020.
Overall sales tax collections for local governments declined by 4.2 percent in February compared to the same month in 2020. Collections totaled nearly $1.3 billion, down $55 million from February of last year. Collections are down $2.2 billion, or 12 percent, for the past 12 months (March 2020 – February 2021), compared to the same 12 months ending February 2020.
Local government sales tax collections statewide were down 5.9 percent in January compared to the same time last year, State Comptroller Thomas P. DiNapoli announced. Collections totaled $1.5 billion, down $95 million from January 2020.
Collections totaled $1.4 billion, up $530 million from May pandemic levels of last year.
Local sales tax collections in May increased by 57.8 percent over the same month in 2020, the highest one month increase in recent history, State Comptroller Thomas P. DiNapoli announced today. Collections totaled $1.4 billion, up $530 million from May of last year.
State tax receipts through the first two months of State Fiscal Year (SFY) 2021-22 were $4 billion higher than forecast in the Enacted Budget Financial Plan, according to the monthly State Cash Report released by New York State Comptroller Thomas P. DiNapoli.