Another Push for the Restoration of the 50/50 Sales Tax Split
4/26/2013 (Updated 10:40:19 PM)Democrats are making another push to reinstate the fifty-fifty sales tax split in Broome County.
Democratic Legislator Dan D. Reynolds said Friday the county can afford to split sales tax collections with its municipalities this year.
Since 2009, the tax split has been discontinued because of financial hardships caused by unfunded state mandates.
But, Reynolds said over the past two years, the county has taken in over $12-million in distributions that would have otherwise gone to towns and villages.
Reynolds said now it is time to change that.
"Especially for full service municipalities who have to raise taxes to pay for public safety, police, and fire. It's really essential we restore fairness to the process and go back to an equal division of the 3% sales tax," said Broome County Legislator Daniel D. Reynolds.
County Executive Debbie Preston has pushed for a gradual return to a 50/50 split of the local share of sales taxes.
Deputy Executive John Bernardo repeated that goal Friday, saying the administration is committed to returning to a 50/50 split in a fiscally responsible manner.
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