New York – Higher sales tax check raises hope, but Onondaga County still $15M in the hole

Syracuse, N.Y. — Onondaga County received a surprisingly large sales tax payment today — more than 60% higher than the June 29 payment a year ago — but county officials say sales tax revenues are still $15 million below what Continue reading New York – Higher sales tax check raises hope, but Onondaga County still $15M in the hole

Florida- Group Warns that Florida May Not Get What it Needs from CARES Act APRIL 29, 2020

Florida cannot use federal bailout money from the CARES Act to shore up the most serious budgetary problems being caused by the coronavirus crisis, the anticipated collapse of tax revenue, the Florida Policy Institute warned Tuesday. The group cited new Continue reading Florida- Group Warns that Florida May Not Get What it Needs from CARES Act APRIL 29, 2020

Michigan – Sales Tax Revenue Shortfall

SALT Report 3810 – “Business taxes are among several economic variables that are directly affecting Michigan’s tax collections, said Jay Wortley, director of the state treasury’s Office of Revenue and Tax Analysis. He said a decline in U.S. corporate profits in Continue reading Michigan – Sales Tax Revenue Shortfall