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Friday, November 15, 2019

Despite retails losses, Allegany County sales tax collections continue to climb

Sales tax collections in Allegany County continue to climb despite some significant retail losses. According to a report from New York State Comptroller Thomas P. DiNapoli, Allegany County collected about $6 million during the third quarter of 2019, a jump of 8.5% from the same period a year ago. In fact, Allegany County had the strongest growth in Western New York. DiNapoli said from January to September, Allegany County collected about $16.4 million, a 2.2$ increase from last year. Steuben, Wyoming and Livingston counties have also experienced increases. However, the news isn't as bright for the City of Olean, which has felt a more than 2% decline in sales tax collections.