New York News
4:32 pm
Thu February 27, 2014

Comptroller: NY Sales Tax Collections Up 5%

Credit Photo by Pat Bradley

New York state's comptroller reports local sales tax collections statewide rose $739 million or 5.2 percent last year, exceeding the 3.3 percent increase in 2012.

In the annual report released Thursday, state tax data from all 62 counties show New York City was responsible for much of the gain, with sales taxes up $406 million or 6.8 percent.

Comptroller Thomas DiNapoli says that's partly due to rebuilding after Hurricane Sandy, though collections from retail sales have rebounded significantly in the city since the recession, up almost 38 percent since 2009.

Overall, including the state's 57 other counties, sales taxes have risen 25.4 percent since then to $14.9 billion last year.

Collections on Long Island rose 6.9 percent in 2013 from the year before, while falling 2.3 percent in the Southern Tier.

Copyright 2014 The Associated Press.