County finance director reports 10.8% February sales-tax increase, year-to-date growth of 9.41%
July 26, 2026 | Tompkins County, New York
This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »
Rick Snyder, the county’s Director of Finance, presented the sales-tax report for February and said the county’s portion was up 10.81% from the same month in 2016.
"If you look at lines 6 and 7, the county portion on the tax distribution summary ... the county's portion year to date totals $4,871,130 compared to $4,451,977 in 2016. This represents an increase of $419,153 year over year or 9.41%." Snyder said, adding that February was the second-highest February in county history.
Legislators discussed monthly volatility and the need to wait for reconciled quarterly returns before projecting trends; Snyder and others cautioned that prior-period adjustments and quarterly reconciliations could affect the final numbers.
"If you look at lines 6 and 7, the county portion on the tax distribution summary ... the county's portion year to date totals $4,871,130 compared to $4,451,977 in 2016. This represents an increase of $419,153 year over year or 9.41%." Snyder said, adding that February was the second-highest February in county history.
Legislators discussed monthly volatility and the need to wait for reconciled quarterly returns before projecting trends; Snyder and others cautioned that prior-period adjustments and quarterly reconciliations could affect the final numbers.
View the Full Meeting & All Its Details
This article offers just a summary. Unlock complete video, transcripts, and insights as a Founder Member.
✓
Watch full, unedited meeting videos
✓
Search every word spoken in unlimited transcripts
✓
AI summaries & real-time alerts (all government levels)
✓
Permanent access to expanding government content
30-day money-back guarantee
