Sales tax revenue on the rise on LI
Quick ReadAlthough the news on sales tax is good, it's too soon to conclude that good times are back on Long Island, officials say.
Photo credit: William Perlman | Shoppers are busy shopping at Roosevelt Field Mall as Nassau and Suffolk's economy has rebounded with sales tax collections coming in higher than budgeted. (July 9, 2010)
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Long Island's economy rebounded during the first five months of this year, with sales tax collections in both Nassau and Suffolk coming in higher than county leaders budgeted.
Sales tax collections in Nassau, which received its quarterly adjusted check Friday afternoon, are up 6.4 percent through May of this year compared with the same period last year - much higher than the 1.75 percent budgeted...
