The Daily Gazette
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Schenectady County OKs sales tax formula

City approved deal in Monday vote; grumbling continues

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Schenectady County legislators approved an eight-year sales tax agreement they characterized as being fair to the towns and villages, while providing the city with a guaranteed revenue stream that will help keep it on sound financial footing. The agreement approved by the city Monday and ratified by the county Tuesday will provide Schenectady with $11.7 million — an increase of $600,000 over the previous deal set to expire at the end of the year. The ...

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