GOSHEN – The pandemic has led to store closures, major job losses in the Hudson Valley, and more than 2,300 have died from COVID-19, according to the last count over the weekend.
Among the signs of the weakened economy is the reduction in sales tax collections.
In Orange County, County Executive Steven Neuhaus said year-over-year in January and February, sales tax revenues rose by three percent. They increased by 10 percent in March, but then took a nosedive thereafter.
“For the month of April e got a 24.75 percent decrease in revenues for sales tax. So, it just shows you want it has done to our local economy,” he said.
Neuhaus said statewide, there has been a loss of between 25 percent and 50 percent of sales tax income.