Sales tax revenue jumps in many counties
Schenectady County increase among highest in state; inflation, wage growth cited
BY JOHN CROPLEY, The Daily Gazette
SCHENECTADY — Schenectady County’s sales tax collections soared in 2017, cracking $100 million for the year and ranking it among the top-performing counties in the state.
The state Department of Taxation and Finance gathered the full-year totals recently and the Office of the State Comptroller analyzed them. There was significant growth statewide: Local sales tax collections totaled $16.6 billion statewide in calendar year 2017, a 3.9 percent increase from 2016 and the largest year-over-year increase since 2013.
Schenectady County’s 2017 growth was sixth-highest in the state, after Madison, Oswego, Cayuga, Wyoming and Seneca counties.
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