Statewide Local Sales Tax Collections in February Decreased by 4.2 Percent

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Overall sales tax collections for local governments decreased by 4.2 percent, or $55 million, in February compared to the same month in 2020. Revenues continued to shrink, but the decline last month was less steep than in January (5.9 percent) and December (8.4 percent), and the double-digit drops in collections during the earlier months of the pandemic. All regions in the state experienced collection declines for February, ranging from 0.4 percent in the Mohawk Valley to 11.4 percent in the Finger Lakes. New York City had a decrease of 3.8 percent, down $23 million compared to February 2020. For the past twelve months (March 2020 - February 2021), collections are down $2.2 billion, or 12 percent, compared to the same twelve months ending February 2020. | Regional Table [.xlsx]