DiNapoli: Sales tax revenue had huge jump for second quarter of 2021 Sales tax revenue for local governments in New York state rose by 49.2% in the second quarter (April to June 2021) compared to the same period last year, a dramatic increase from last year’s weak collections during the first wave of the COVID-19 pandemic, according to State Comptroller Thomas P. DiNapoli. Sales tax collections during this period grew by just over $1.6 billion and even surpassed collections reported…
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Column by Tom Morgan for November 9, 2018 Downstate Controls, Doesn’t Care About Upstate Yawn. Upstate’s recovery from the Great Recession is the weakeast of any U.S. region. According to a recent study. You can examine all the nooks of Upstate’s economy. Most every one is daubed with lackluster. Papered with anemic. Writ large with blah. Yawn. Upstaters grew accustomed to this long ago. Our motto should be “We’re Number One at being Number Fifty!” Most of us know what…
Editorial for November 9, 2018 ‘Knowledge’ Is Our Future This week’s Tom Morgan column on the facing page, and former DEC Commissioner Mike Zagata’s column last week capture the Upstate dilemma: Upstate is rebounding more slowly than any other area of the country. First, let’s look at local bright spots. • Custom Electronics in Oneonta is planning a futuristic 250-job production line making self-recharging batteries. Andela Products, the Richfield Springs glass recycler, is likewise looking to expand. And Corning’s Oneonta…