2020 Sales Tax Report

Ulster County Comptroller today released a report on 2020 sales tax revenues. Ulster County received $127,282,741 in 2020 sales tax revenue which came within 1% ($1.28 million) of the $128,561,423 budgeted exceeding 2019 collections. Although the beginning of the pandemic impacted taxable sales in the March and April period, returns largely rebounded in the later months of 2020. The report also noted that the state diverted $1.52 million in 2020 from Ulster County revenues: $775,011 in Aid and Incentives to Municipalities (AIM-related) diversions and $744,543 in new Distressed Provider Assistance diversions. New York State plans to divert another $753,223 in Distressed Provider Assistance diversions in 2021 bringing the total two-year Distressed Provider Assistance totals up to $1.50 million.

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