Local Governments

RELIABLE FUNDING FOR LOCAL GOVERNMENT

munic

Our members are an important source of income for local governments, generating $384 million for localities since 2007. In 2018 alone, NYGA members generated tax revenues from income, sales, property and other sources totaling more than $80 million. These revenues supported general funds, local city school districts, stabilized or reduced property taxes, and defrayed costs associated with our facilities. In 2016, our members:

  • Financed $29 million in direct aid to municipalities
  • Directly paid more than $51 million in state and local taxes
  • Indirectly generated $46.5 million in taxes