Local sales tax revenues improved dramatically during the Third Quarter for Cortland and most other counties in the state outside of NYC.
The state comptroller’s office released the latest figures yesterday.
After losses of –13.4% and –33.2% year-over-year in July and August respectively, September was much better for Cortland County with recorded gains of 26.4% over the month prior.
From January to September, the county collected about 22.9 million dollars, which is about 2.3% under last year’s total of 23.4M.
The First Quarter saw an 8.6% increase from last year, with quarter two dropping to -10.6% year-over-year and the most recent 3rd Quarter showing a drastic improvement: Now at just -3.4%.
See the graphics below for additional information: