Syracuse, N.Y. – County Executive Joanie Mahoney announced today that County Sales Tax Revenue is up 8% through July when compared to the same time period last year. This represents an overall increase of $9.3 million.
County Executive Joanie Mahoney said, “These latest sales tax numbers are great news and further proof that the local economy is continuing to grow here in Onondaga County. It’s also shows the importance of investments like the U.S. Bowling Congress, the St. Joe’s Amp, the Greater Syracuse Soundstage and Jazz in the City. This is also great news for our local businesses who see increased foot traffic as a result of the thousands of visitors to our local stores, restaurants and attractions. Using sales tax dollars to fund county government helps us cut property taxes and maintain a healthy fund balance.”
The increase in sales tax dollars also means the City of Syracuse will receive an additional $3,000,000 as compared to the same period last year. These additional funds help the City make investments in their infrastructure and enhance the quality of life for everyone. Tens of thousands of people drive into the city every day for work and the increased revenue recognizes and supports the city as the economic engine for our entire region.
“We are all in this together,” said County Executive Joanie Mahoney.