He says it's another hit for the local governments, which are also seeing
lower sales tax collections in general, according to a recent report by the State Comptroller.
Not exact matches
Lembo says his office agrees with Malloy's budget office and the General Assembly's Office of Fiscal Analysis that November's consensus figures show
lower than expected state revenue
collections from
sales and income
taxes.
«Should
sales tax collections not rebound as forecast, annual growth would be
lower than any year since the recession,» DiNapoli said in a report.
But property
taxes are
lower,
sales tax collection is robust and there are a number of promising economic development initiatives on the horizon.