“Boring” is the word used by Manhattan Finance Director Bernie Hayen to describe the latest sales tax numbers for the city. June figures of $884,481 is up a little from 2015’s June numbers of $870,536…but only about four thousand dollars above 2014 sales tax receipts of $888,675.
Hayen adds the numbers aren’t bad, but are “simply stagnant.” And the Finance Director indicates the June sales tax numbers are in line with what had been predicted…
Hayen indicates no particular retail sector was down or up for that matter. Hayen had mentioned the Camelot days to intergovernmental leaders Monday–when sales tax numbers were quite impressive–but those days appear to be gone…
The Finance Director admits there isn’t quite the influx of shoppers that would continue to make that increase happen.