Onondaga County Legislature approves new sales-tax agreement

SYRACUSE, N.Y. — The Onondaga County Legislature on Wednesday approved the 10-year extension of the sales-tax agreement between the city and county.

Onondaga County Executive J. Ryan McMahon II and Syracuse Mayor Ben Walsh on Dec. 13 announced the agreement would extend through 2030, pending approval by county and city lawmakers.

The agreement keeps in place a sales-tax sharing formula that gives more than 74 percent of sales taxes to the county, more than 24 percent to the city, and less than one percent to school districts, a spokesman for McMahon confirmed to BJNN after the Dec. 13 announcement.

[elementor-template id="66015"]

The Syracuse Common Council is anticipated to vote on the agreement at its January meeting.

City and county lawmakers approved the original agreement in 2010.

The extension of the current formula not only “ensures a healthy” city of Syracuse, but that Onondaga County “continues to have the resources it needs to provide the level of services and programs the taxpayers have come to expect in all areas of our county,” according to a Wednesday news release from McMahon’s office.

Advertisement

“The county legislature took an important step today in recognizing the importance of a financially stable city,” McMahon said. “We cannot have a healthy county or region without a healthy city. The extension of this sales tax agreement will provide needed financial certainty to our partners in city government and ensure that everyone has the resources they need to address important issues like poverty, infrastructure and economic development.”

Contact Reinhardt at ereinhardt@cnybj.com

Eric Reinhardt

Recent Posts

Storm damage in Canastota consistent with a tornado, National Weather Service confirms

WAMPSVILLE, N.Y. — The National Weather Service in Binghamton confirmed Thursday that the damage in…

11 hours ago

Project to protect Oswego’s Camp Hollis from future flooding is now complete

OSWEGO, N.Y. — A construction project to protect Camp Hollis in the town of Oswego…

11 hours ago

MVHS announces new chief operating officer

UTICA, N.Y. — Mohawk Valley Health System (MVHS) has announced the hiring of William W.…

11 hours ago

SHA, HUD make local announcement about $50 million to help redevelop Syracuse public housing near I-81

SYRACUSE, N.Y. — A late Wednesday morning ceremony at Wilson Park in Syracuse included the…

2 days ago
Advertisement

Severe storm spreads damage across Rome

ROME, N.Y. — The city of Rome continues to clean up from a devastating, confirmed…

2 days ago

SUNY launches venture-capital fund for startups on a SUNY campus

SYRACUSE, N.Y. — SUNY officials on Monday announced the launch of Upstate Biotech Ventures, a…

2 days ago