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7/30/2020 - COUNTY SALES TAX RECEIPTS BETTER THAN EXPECTED AT MID-YEAR
A recent county-by-county report of Sales Tax Revenues from the office of State Comptroller Thomas DiNapoli shows most area counties with better results for January-June 2020 than expected. CLINTON COUNTY saw record receipts pre-pandemic for January (+16.7%) and February (+9.6%), but then saw sales tax receipts down 22.1% in April and down 36.2% in May. But a plus number of 6.4% for June placed Clinton for the 6-month period at down just 4.1% compared to the first six months of 2019.
This spreadsheet from the Comptroller's Office shows sales tax data for each county in the region.
It is notable that adjustments by N.Y.S. Tax & Finance often result in unexpected spikes or valleys for a given month, which may be the case for June. So while the six month figures are welcome news, Clinton County still expects by year's end to see a decline ranging from 15% ($6.2 million) to as high as 22.5% ($9.2 million).
We will bring updates to these numbers in the months ahead.