Sunday, April 5, 2009

Schenectady County sees major increase in sales tax revenue

Schenectady County has seen a major increase in sales tax revenue.

"Our percentage increase is well above the state average, and the seventh highest in the state,” said Commissioner of Economic Development and Planning Ray Gillen.

Thanks to the new unified economic development team and a more cost-effective, results-driven focus put in place by Legislative Chair Susan Savage, Schenectady County brought in a record $85.9 in sales tax, an increase of 5.86 percent from 2007’s total.

Sales tax revenues from December 2008 also increased over December 2007 showing Schenectady County's strength despite the Bush Recession. Click here for more news coverage.