Report finds LI sales tax revenue growing slowly
Photo credit: Howard Schnapp | State Comptroller Thomas DiNapoli has said in a report that local sales tax revenue on Long Island grew at a slower rate last year than in other parts of New York. (Feb. 23, 2011)
In another sign Long Island's economy continues to struggle, local sales-tax revenue here grew at a slower rate last year than elsewhere in New York State, according to a state comptroller's report released Tuesday.
The amount of sales tax collected by Nassau and Suffolk counties -- a critical funding source for their governments -- grew by 2.4 percent, while local sales-tax collections across...
