WPCNR QUILL & EYESHADE. By John F. Bailey and the New York State Department of Taxation and Finance. February 15, 2014:
White Plains retail sales continued soft in January, $5,000 less than last year, putting $4,875,684 in the city exchequer.
Westchester County started the new fiscal year 2014, up 1.8%, $41.8 Million in sales tax receipts compared to $41.1 Million in January 2015. The County continued its retail winning streak, while White Plains continues to lag behind the county pace.
After 7 months reporting in fiscal year 2013-2014 White Plains has generated $30,526,470 in Sales Tax dollars. If the city continues to meet last year’s “sales tax handle” the next five months ($20.3 Million), the city will generate $50.9 Million in sales taxes which would on target to match the 2012-13.
IN OTHER NEWS…
New this year – Geoffrey Gloak, of the Department and Finance reports half of NY taxpayers can now prepare and e-file their income taxes for free! New York Stated developed a great new option for New Yorkers to file their state tax return at no cost. Here’s a link to the News Release: http://www.tax.ny.gov/press/rel/2014/85percentefile012314.htm