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ToBay tax credit for 2007 Oyster Bay Receiver of Taxes James J. Stefanich wishes to notify Town residents of the State Aid and Sales Tax Credit that the Town of Oyster Bay will receive for the year 2007. Stefanich received a letter from the Nassau County Comptroller that identifies both the County's final estimate of State Aid of $195,480,912 and estimated 2007 Sales Tax Revenue of $968,142,293.
Oyster Bay will be receiving a Sales Tax Credit of $16,192,304 from Nassau County. This figure is a 4.4percent increase, or $686,956, more than last year.
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