The Hague Chronicle

Janaury 2000

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Janaury 2000

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HagueÕs Income from Sales Tax

Are you curious how the NYState Sales Tax Law determines what part of the stateÕs 7% sales tax will come to Hague? We were! Figuring our readers would like to understand this better, we looked into it. We were surprised what we learned. You may be, too.

NYS takes 4% of the 7% tax. This leaves 3%, of which Warren County gets half - (about $31 million in Ô99). This leaves 1.5% which the county distributes as follows:

  • Glens Falls, the only city in the county, gets a sum dependent on sales in the city.
  • The remaining pot is divided among the countyÕs eleven towns and one village. The amount each receives is based on its assessed full value of real property, (i.e. real estate).

Thus, the amount Hague receives bears no relation to the amount of sales tax that Hague collects.

File: http://tracylee.com/haguechronicle/current/salestax.shtml
Last Modified: Thursday, 18-Oct-2007 00:37:06 EDT
Local Date and Time: Friday, 05-Sep-2008 22:29:17 EDT

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