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County Releases Figures for Occupancy & Sales Tax Distributions

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The Cortland County Budget and Finance committee will meet on Tuesday (November 12) and authorize both the third quarter sales tax distribution for FY-2019 and the occupancy tax allocations for 2020.

A total of $8.4M in sales tax revenue was calculated by the state comptroller, of which $1.5M is automatically taken off the top and placed in the jail reserve fund, as per a 2018 sales tax agreement.

Another 54% goes exclusively to county purposes, with the rest being spread around the various municipalities, several of which have opted to use part of their sales tax dollars to off-set the property tax levy.

A total of just under $3.7M was ultimately distributed.

See the full breakdown below:

Additionally at Tuesday’s meeting, the committee will vote on authorizing the county’s 2020 tourism & marketing grants, otherwise known as the occupancy tax allocation.

About $280K will be distributed to 18 different organizations.

That process was conducted by a review group that’s facilitated by the Convention and Visitors Bureau, which then makes recommendations on allocation amounts to the Legislature.

Next year’s totals are currently set as follows:

  • 1890 House Museum – $12,000
  • Brockway Truck Preservation Society – $10,000
  • Center for the Arts of Homer – $23,000
  • Central NY Maple Festival – $5,500
  • Cortland Area Innkeepers Association – $6,000
  • Cortland Crush NYCBL Baseball – $5,000
  • Cortland County Historical Society – $12,000
  • Cortland Main Street Music Series – $2,000
  • Cortland Regional Sports Council – $118,000
  • Cortland Repertory Theatre – $25,000
  • Cultural Council of Cortland County – $8,500
  • Holiday in Homer – $2,000′
  • Homer Cortland Community Agency – $12,000′
  • Homeville Museum – $1,000
  • JM McDonald Sports Complex – $20,000
  • Lime Hollow Nature Center – $12,000
  • Little York Fiber Arts Festival – $2,000
  • Statewide Country Music Park – $4,000

These numbers are usually bring contention from organizations that feel they’ve either been shorted or left out of the distribution.

Tuesday’s meeting will also bring up a vote for TC3’s 2020 operating budget.

Stay tuned with WXHC News for all the updates.

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