City’s May Sales Tax $$ Continue Flat. Off 2.3% for 11 Months. County Up 3.2% after 5 Months.

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WPCNR QUILL & EYESHADE. From the New York State Department of Taxation and Finance. June 13, 2013:

White Plains enters the final month of their fiscal year running 2.3% down in the barometer on the city economy: sales tax receipts.

White Plains is 5-1/2% behind the Westchester County sales tax receipts which through the first 5 months of 2013 is running 3.2 ahead of last year.

The city May receipts were up roughly $7,000 at $3,932,120.64 compared to $3,925,172.94, essentially even statistically. Going into June, White Plains has collected $45,574,124 in sales tax receipts. If the city businesses earn the same as they did last June ($4,218,196) they will finish the year at $49,792,320, a decline of 2.3% compared to last year (a poorer economy) when the received $50,972,671 in sales.

In contrast, the rest of the county is doing borderline significantly better:  Through the first five months of fiscal year 2013, Westchester County has earned  $192,419,044 in sales tax $$ compared to $186,446,394 after the first five months of 2012. That’s  3.2% better.

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