NYC Leads 12.7% Surge in Sales-Tax Collections as Workers Return

New York City and other local governments in the state saw sales-tax collections surge for a second straight year as inflation pushed prices higher and consumers continued spending while the pandemic receded.

State Comptroller Thomas DiNapoli said Monday that statewide the collections rose $2.5 billion, or 12.7%, to $22.1 billion in 2022. That followed a 19.1% jump in 2021.

The increase was particularly large in New York City, which saw a 20.6% gain as commuters returned to work and tourism rebounded.

The sales-tax surge has contributed to the strong financial footing of local governments, which also gained from a flood ...