Northern New York Newspapers
Watertown
Ogdensburg
Massena-Potsdam
Lowville
Carthage
Malone
NNY Business
NNY Living
NNY Ads
Mon., Jul. 28
ADVERTISE SUBSCRIBE
Serving the communities of Jefferson, St. Lawrence and Lewis counties, New York
In print daily. Online always.
Related Stories

Jefferson County sales tax revenue more than $800,000 below target

ARTICLE OPTIONS
A A
print this article
e-mail this article

WATERTOWN — The outlook for sales tax revenue in Jefferson County is bleak, according to the head of the county’s finance committee.

Scott A. Gray, R-Watertown, chairman of the Board of Legislators Finance and Rules Committee, told colleagues in an email Friday that a budget shortfall of $800,000 to approximately $1.2 million was expected by the end of the year due to sales tax returns that continue to fall below projections.

The revenue likely will fall $100,000 to $450,000 short of the amount collected last year, Mr. Gray said.

A turnaround of approximately 6 percent gains in the next two quarters will be needed just to make budget, said Mr. Gray, who forecast difficulty in staying under the state’s mandated tax cap.

“This coupled with initiatives that require bonding for projects and additional staffing required at the correctional facility will impede our ability to meet our imposed tax cap,” Mr. Gray said.

Connect with Us
WDT News FeedsWDT on FacebookWDT on TwitterWDT on InstagramWDT for iOS: iPad, iPhone, and iPod touchWDT for Android
Showcase of Homes
Showcase of Homes