Wednesday, February 14, 2018

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City mayors plan to bank sales tax windfall

GOSHEN – The mayors of the cities of Middletown and Port Jervis both plan to bank the sales tax windfall they received from Orange County. The money, which comes from higher revenues than anticipated by the county, has been divvied up to all cities, towns and villages in the county. (Click here for full list of municipal funding.)

Middletown Mayor Joseph DeStefano said the $522,000 the city got will be set aside.

“We will do what we do with any other revenue and plan for next year’s budget, roll this into fund balance and hopefully maintain for a sixth year in a row our property tax levy under the two percent cap,” DeStefano said.

Port Jervis Mayor Kelly Decker plans on putting aside the $164,000 his city received.

“This is found money that we will put toward our fund balance to make our city and its coffers much more balanced,” Decker said.

The county’s municipalities are sharing an additional $3.7 million from fourth quarter 2017 sales tax revenues.

 


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