DiNAPOLI: STATE TAX COLLECTIONS LAGGING LAST YEAR BY $1.2 BILLION

DiNAPOLI: STATE TAX COLLECTIONS LAGGING LAST YEAR BY $1.2 BILLION

State tax collections totaled $18.6 billion in the first quarter of the new fiscal year, $1.2 billion less than the same period last year and $315.7 million below projections, according to the state cash report issued Tuesday by State Comptroller Thomas P. DiNapoli. “We’re three months into New York’s fiscal year and personal income tax collections are […]