Tuesday, February 23, 2010

SALES TAX DROP...WHAT THAT MEANS



Dutchess, Ulster sales tax revenue down 7.5% in 2009



ALBANY _ A steep drop in sales-tax collections between 2008 and 2009 is another sign that the state’s recession is not over, Comptroller Thomas DiNapoli said in a report today...In Dutchess and Ulster counties, sales-tax revenue dropped 7.5 percent between 2008 and 2009.

(The estimated sales tax revenue for 2009 was projected in the budget as $85,111,235.00. A 7.5% drop translates into a loss of $5.4 million. The 2010 budget reflects that decrease by projecting revenues from sales tax at $79,521,173.00)

Read the complete story in the Poughkeepsie Journal-

1 comment:

Anonymous said...

I'm finding it hard to spend money in our county these days! Most businesses are either not stocking what I'm looking for or their employees are decidedly unhelpful and rude. It seems to be fundamentally flawed logic to not care about making money for the business that pays your salary. I think some morale adjustment is imperative if Kingston is to get any revenue. I can't feel sorry for those who hate the hands that would feed them if they acted more responsibly.