Saturday, April 19, 2014 - 8:50:55 AM

Local News

Print Friendly | Bookmark and Share

Another Push for the Restoration of the 50/50 Sales Tax Split

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.


VIEW VIDEO

View Related Articles: Broome County or comment on this one below.

blog comments powered by Disqus


Back Back

Binghamton web design and website hosting by EFX internet  EFX internet


Additional Articles


City Puts Nightclub on Lockdown VIEW VIDEO
A nightclub that was the alleged site of gang operations has been locked down by the City of Binghamton.   17 East, located at 348 Clinton Street in Binghamton, was one of 9 locations raided last... more

State Education Audit Hits Vestal Central Schools VIEW VIDEO
According to an audit announced today by the New York State comptroller, the Vestal Central School District did not develop reasonable budgets... Within the past 5 fiscal years the district spent... more

Unemployment Rates in Binghamton VIEW VIDEO
New York State saw a growth in it's job numbers and workforce in March but what does that mean for us here in the Southern Tier?... A labor analyst for the state department of labor says it's all... more

Community Meal Program Grant VIEW VIDEO
More than 70 thousand dollars is coming to Broome, Chenango and Tioga counties thanks to the Community Foundation for South Central New York. One organization benefiting from this grant is All... more

Two Million Dollar STREDC Telemedicine Grant for Rural Health Care VIEW VIDEO
More than two million dollars is closer to making its way to the Southern Tier to enhance health care in rural areas...   This money is part of a $5.6 million package approved by Empire State... more

Broome County Saves another life with NARCAN Deployment VIEW VIDEO
The Broome County Sheriff's Office is  reporting another use of NARCAN--this time to save a life of a 25 year old man who reportedly overdosed on heroin. The incident Thursday in the Town of... more

Distracted Drivers Ticketed VIEW VIDEO
Remember how we told you that the Broome County Sheriff's Department was going after distracted drivers and cell phone use? Well, they weren't kidding:   Sheriff Harder says during a five day... more

Click here for more local news...icon

ADVERTISEMENT

ADVERTISEMENT

 A News Story

If you are looking for a copy of a news story that we recently aired, simply click here to find out how.

FOX 40 Poll


Which Social Media Site Do You Use The Most?
 
Twitter
 
Facebook
 
LinkedIn
 
MySpace
 
Other
 
None
   

Breaking News

Do you have a tip or information about a breaking news story? Contact the FOX 40 News Desk at 607.798.0070 or send us an email .

Share to Facebook Share to Twitter Stumble It More...