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Report: Nassau sales tax receipts could drop by up to $601 million next year, while Nassau OTB bettors are shut out of Nassau OTB. Please help, http://chng.it/hQx8SfKZ
Nassau County Comptroller Jack Schnirman launches Nassau County Open Checkbook. Jan. 30, 2019 in Mineola. Credit: Howard Schnapp
Nassau sales tax revenues could be down by as much as $417 million this year and more than $601 million in 2021 if a second coronavirus shutdown comes, as the county faces a budget deficit projected at $749 million over the next 18 months, according to two new county reports.
A second coronavirus wave that forces another halt to in-person retail and restaurant activities could result in a scenario that results in a drop in sales tax revenue next year of up to 45%, according to a report by Nassau Comptroller Jack Schnirman's office.
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