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Sales tax increase proposed to cut Albany County deficit

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Albany County legislators may consider a boost in sales tax to balance a multi-million dollar budget deficit and stave off looming layoffs. County Chairman Daniel McCoy said raising the sales tax by 0.5 percent would bring in an estimated $28 million in revenue to patch $40 million budget shortfall. The increase would require approval from the state Legislature and would sunset after two years, according to the proposal that was introduced this week. “It’s a ...

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November 15, 2010
3:58 p.m.

[ Flag Post ]

I live in Schenectady County (Glenville) and do most of my shopping, other than food, in Albany County at both Crossgates and Colonie Center. If they raise the sales tax, you can bet I won't be doing much shopping at either place and will go to Wilton or Clifton Park.