7-13-11: Courtesy of WIVB. Wednesday Erie County Comptroller Mark Poloncarz reported that based on data and receipts transmitted by the New York State Department of Taxation and Finance the County’s sales tax revenue through May 2011 is 5.31% greater (accrual basis) than the same period in 2010. “As we approach the mid-point of the year, Erie County’s sales tax receipts are more than 5% higher than the same period last year, reflecting a positive trend so far in 2011,” said Poloncarz. “Considering this year’s budget counts on a nearly 1% increase over our actual sales tax revenues for 2010, through May 2011 we are on-budget. And if this trend continues, we will exceed the budgetary projection.” Poloncarz added, “Considering the County Executive set the tax levy $8 million higher than it should have been, based on the Legislature’s adjusted budget, the County is trending towards ending 2011 with a significant budgetary surplus.”
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