Daily Tax Report ®

Westchester Is Getting More Expensive With Sales-Tax Increase

July 22, 2019, 3:44 PM

Just when it seemed like taxes in Westchester County couldn’t get higher, they’re about to go up again.

Legislation enacted by New York Governor Andrew Cuomo will increase the county’s sales tax by one percentage point to 8.375% on Aug. 1, bringing it in line with neighboring Rockland and Putnam counties, but about two percentage points higher than in Connecticut. The increase will raise about $47 million in fiscal 2019 and $103 million in 2020, and is “a credit positive for the cash-strapped county, its municipalities and school districts,” Moody’s Investors Service said in a note.

“The cash infusion will...

To read the full article log in. To learn more about a subscription click here.