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Sales tax collections in St. Lawrence were the highest at the state level in 2024, but the numbers could be the result of “technical adjustment”

Sales tax collections in St. Lawrence were the highest at the state level in 2024, but the numbers could be the result of “technical adjustment”

Ogdensburg – While the collection of local sales tax could have slowed down in 2024 at national level, St. Lawrence showed the biggest growth compared to other counties.

However, the city of Ogdensburg experienced only a slight increase, more in accordance with the state level results.

This was suitable for a recent report issued by the state controller Thomas P. Dina.

The report of the controller said that the state -level collections only increased by 1.6 percent in 2024 compared to the previous year. The total collections were $ 23.4 billion in 2024 and an increase of $ 376 million in 2023.

Dinpoli reports that this is the slowest annual increase since the decrease of the Covid-19 Pandemic in 2020. The controller’s report said that the amount was “less than half of the average pre-pandemic growth rate (3.8%) from 2011 to 2019, following the Great Recession.”

However, according to the tax collections on the local sales of the controller, on the graph region, St. Lawrence gathered $ 85.29 million in 2024, an increase of 5.6% from $ 80.79 million in 2023.

The report of the controller, however, states that the greater growth of St. Lawrence in collecting state -level sales tax in 2024 could be the result of “technical adjustments”, which has not increased the vigor of consumers in the economy.

“Factors outside the wide economic or regional tendencies can also have an impact on the individual collections of the county and the city,” the report shows. “These include corrections from the previous period and late submission changes, referred to as state -of -state controller (OSC) reports” technical adjustments “regularly by the Tax and Financing Department of New York (Tax and Finance) to correct for the previous distribution distribution. For example, he would not have seen that he could not have increased in 202 to add $ 4.8 million in technical adjustments. “

Quarterly collections in St. Lawrence were:

  • $ 18.33 million from January-March 2024 compared to $ 19.19 million for the respective quarter in 2023, a decrease of 4.5 percent;
  • $ 25.1 million from April-June 2024 compared to $ 20.49 million in 2023, an increase of 22.5 percent;
  • $ 20.47 million from July-September 2024 compared to $ 21.29 million for the same quarter of 2023, a decrease or 3.9 percent; and
  • $ 21.39 million from October-December 2024 compared to only $ 19.82 million for the respective quarter in 2023, an increase of 7.9 percent.

The city of Ogdensburg, which scraped in $ 2.13 million in sales tax in general in 2024 compared to $ 2.11 million in 2023 (an increase of 1 percent), registered trends similar to state levels during the year.

The quarterly collections in Ogdensburg were:

  • January-March-480,000 USD in 2024 compared to $ 500,000 in 2023, a decrease of 2.9 percent;
  • April-June-570,000 USD in 2024 compared to $ 490,000 in 2023, an increase of 17.5 percent;
  • July-September-approximately $ 550,000 for both years, although in 2024 there was a slight dive of about 1 percent;
  • October-December-530,000 USD in 2024 compared to $ 570,000 in 2023, a decrease of 7.6 percent.

“New York local governments are based on sales tax collections to support the essential services in their communities,” said Dina in a press release. “The increase in sales tax slowed down in 2024, and many counties and cities even have decreases. This increase in slowdown, combined with economic risks and potential changes at the federal level, requires a careful budget from local officials to navigate effectively during these uncertain periods. “

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