Chamber Kicks Off 2023 with ‘State of the State’ Breakfast Event By CASPAR EWIGONEONTA It was a sellout crowd last Friday, January 20, as the Otsego County Chamber of Commerce hosted its annual “State of the State” networking breakfast. The conference, which took place in the Otsego Grille of SUNY Oneonta’s Morris Hall, was introduced by Sean Lewis, president and chief executive officer of the chamber, as a vehicle to “allow the panelists a chance to express their view of…
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Sales Tax
Gas tax holiday, drinks-to-go, volunteer fire department aid in state’s $220 billion budget Drivers in New York will enjoy at least a partial break from the state’s gasoline tax beginning June 1. The state’s new budget knocks 16 cents off the price of a gallon of unleaded or diesel gasoline between June 1 and December 31. It’s part of a $220 billion budget New York’s state Legislature approved April 7 and 8. Governor Kathy Hochul urged county governments across the…
Line 59: “Let me tell you how it will be.” A commentary IKEA opened its first northeast enormostore just outside of Newark, New Jersey, in 1990, at a time when the sales tax there stood at four percent. The company filled New York City subway cars with signs enticing the locals to take a ride over the bridge where they could buy all the things they need and save a bundle on sales tax (the combined New York state and…
Editorial: gas pains How about those gas prices? Our friends at GasBuddy.com report we in New York are paying nearly 26 cents per gallon more than we were a month ago and a whopping $1.05 per gallon than one year ago. Surely someone is to blame, right? Presidents take credit when the price at the pump plummets, so they’re certainly within criticism range when the price rises. Vladimir Putin gets a good bonk on the noggin, too, for his Ukrainian…
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…
County Sales-Tax Loss Largest Across NY State ‘Baseball, College Students’ Among Culprits COOPERSTOWN – Only two counties in New York State saw their sales tax drop in the most recent report – Hamilton in the Adirondacks and Otsego, county Treasurer Allen Ruffles reported to the county Board of Representatives this morning,. “It was very disheartening,” said Ruffles.…
RUFFLES REPORTS: May Sales-Tax Check Here: 26% Lower Than Last Year By JIM KEVLIN • Special to www.AllOTSEGO.com COOPERSTOWN – The May sales-tax check arrived at 197 Main St. today, and County Treasurer Allen Ruffles reports it is 26.9 percent lower than last year’s May check. That is a reduction of slightly less than $600,000, he said, but higher than the 25 percent NYSAC estimated. The sales-tax allocations are issued every other month, and Otsego County’s largest ones will be…
Rate Of Bed-Tax Growth Up 2.5 Times In ’15 Over ’14 COOPERSTOWN – County Treasurer Dan Crowell reported today that the rate in bed-tax growth in 2015 was almost 2½ times higher than the year before – 11.21 percent last year, compared to $4.74 the year before. He cited increased number of visitors, new hotel construction (Courtyard by Marriott in Oneonta), increased weekly rentals and enhanced collection of sales-tax revenues as among the factors. He didn’t specify it, but the…