Sales Tax Revenues See Slight Decrease in September For Cortland County

Sales tax revenues for Cortland County saw a slight decrease for the month of September when compared to September of last year. New York Comptroller Thomas DiNapoli’s Office reported the county saw a decrease of .4% for September ‘24 with the month’s collections totaling $4.18 million dollars. September ‘23 had collections totaling $4.20 million.

Overall though the third quarter collections for Cortland County (July through September) is up .6% with collections totaling $10.56 million dollars. New York State as a whole had collections for the third quarter of $5.98 billion dollars, an increase of 1.4%.

“Local sales tax collections are growing more slowly than they were in the pre-pandemic period,” DiNapoli said. “Given this lower year-over-year growth, local officials should temper their expectations for future sales tax revenues.”

For collections in the month of September for Tompkins County, the county had a decrease in collections of 6.1% at $6.74 million. Tompkins County in September ‘23 had collections of $7.18 million. Overall third quarter revenue for Tompkins County was down by .9% at $17.68 million.