WHITE PLAINS ECONOMY HAS SOFT JULY AUGUST—DOWN 3.6%

Hits: 15

WPCNR QUILL & EYESHADE. From the New York State Department of Taxation and Finance. September 23, 2015:

White Plains continued its soft summer economically, despite sweltering weather and sultry nights in the downtown. The first two months of the 2015-16 city fiscal year showed receipts down $291,064. In 2014, the first two months, July and August brought in $8,082,065 compared to August/July 2015 total of $7,791,001.

Westchester County Sales Tax $$ for the first eight months of 2015 totaled $322,224,214 compared to the $328,510,844 the first eight months of 2014. The county has a 2% decline in its sales tax handle, according to the New York State Department of Taxation and Finance. Both taxing entities, White Plains and Westchester have to be hoping for a resounding September figure.

Comments are closed.