Research Reports

Local Sales Tax Collection Growth Slows to 3 Percent in 2014; Slowest Growth Since 2009

Local sales tax growth was slower in 2014 than in any year since the 2008-2009 recession, in part due to slow growth in the first quarter of the year. Long Island collections declined, some upstate counties had strong growth due to increased sales tax rates, and New York City's growth was relatively strong. | [read county-by-county data - pdf]

Local Sales Tax Collections Increase by 5.2 Percent in 2013; New York City and Long Island Have Strongest Growth

Sales tax is a major revenue source for New York City and the 57 counties. The strongest growth for 2013 was in the Long Island region Some of the rapid sales tax growth seen there and in New York City was due to the rebuilding efforts after Hurricane Sandy.

Local Sales Tax Collection Growth Slows Significantly in First Half of 2015

In the first half of 2015, total local sales tax collections in New York State grew by only about half of the 3.0 percent growth seen in all of 2014 and nearly two thirds less than the 4.2 percent average annual growth experienced over the previous 15 years. Sales tax revenue declined in half of the regions in the State, with the sharpest decline being in the North Country, which saw a 2.5 percent drop.

Local Government Spending on Highways

New York’s 57 counties (excluding New York City), 61 cities, 932 towns, and 556 villages reported spending nearly $2.6 billion to maintain 187,000 highway lane miles in 2009. Highway maintenance is one of the largest categories of expense for local governments, representing 7.6 percent of total local government expenditures.

The Foreclosure Predicament Persists

While trends in both new foreclosure filings and the total number of pending foreclosure cases indicate that the problem is far from resolved, there are small signs of improvement.

County Tax Cap Recap: Fewer Counties Exceeding Levy Limits

In 2015, the number of counties exceeding the tax cap decreased substantially and only six counties exceeded the cap—a decrease of 54 percent from 2014. Among the counties that stayed within the tax levy limit in 2015, many have levied right up to the limit. Of these 51 counties, 23 levied taxes that amounted to 99 percent or more of their allowable tax levy limit. This may be due in part to the newly enacted Property Tax Freeze Credit. | [County Tax Cap Data as of April 30, 2015 - Excel]

Revenue Challenges Facing School Districts

Between a tax levy limit that restricts local funding, State and federal aid cuts and a lack of other sources of funding, schools are facing fiscal challenges that are not likely to dissipate in the short term.