Officials in Westchester and Putnam say they are on pace to bring in higher-than-expected sales tax revenues this year, according to a story in The Journal News and on LoHud.com by Barbara Livingston Nackman.
Putnam took in $38.3 million in sales taxes in the third quarter, higher than the $36.8 million it had anticipated. The county expects to exceed its projection of $49.8 million by year’s end.
Sales tax revenues in Westchester were $411.1 million through last month, greater than the $403.1 million it took in during the same period last year. Rockland expects to bring in $170 million, about the same as last year, officials said.
“The sales tax is extremely important to Westchester County government, as well as our local governments that either impose a sales tax of their own (like) Yonkers, Mount Vernon, White Plains, New Rochelle, or share in a small piece of the county’s overall sales tax,” county spokeswoman Donna Greene said. “For 2013, the county’s sales tax represents about 28 percent of all revenue – more than we expect from the federal and state government and just 4 percentage points below property tax.”
To read Nackmans’ full report, click here.
1 Comment
In other words Astorino is a liar and his appointees are liars because we have heard three years of lies from him saying Westchester will be facing deficits when in fact each year Westchester ends with surplus funds.
Astorino is a liar and is wrong for Westchester.