DiNapoli: Local Governments Challenged By Slow Revenue Growth

Many of New York's local governments are coping with slow or no revenue growth, making it difficult for them to maintain services while keeping pace with rising fixed costs like health care.

That's according to the 2016 report on the state's local governments released by Comptroller Thomas DiNapoli.

“New York’s municipal governments are seeing sales tax revenue growth slow and state aid remain essentially flat while they and school districts are coping with tax cap and tax freeze initiatives that limit growth in property taxes,” DiNapoli said. “As local governments adapt to changing circumstances, my office will continue to support them with training, analysis and guidance.”

DiNapoli's report found that local sales tax revenue growth fell from 3.6 percent to 1.8 percent in the first nine months of 2016 from the same period a year earlier.

You can read the full report on the Comptroller's website.