Ogdensburg could lose out on up to $1.5 million in sales tax revenue due to Assembly's failure to pass legislation
Monday, June 14, 2021 - 5:46 pm BY JIMMY LAWTON North Country This Week OGDENSBURG – City Manager Stephen Jellie says the City of Ogdensburg will lose up to $1.5 million in sales tax revenue after the New York State Assembly failed to pass home rule legislation regarding sales tax distribution. The city plans to begin collecting its own sales tax in 2020, but won’t be able to collect 2.5 percent of the tax generated there without state approval. Instead it will collect just 1.5 percent, that’s a difference of as much as $1.5 million, according to estimates. “The C...
Source: northcountrynow.com