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State tax receipts fall nearly 20 percent in May, DiNapoli says

New York State tax receipts in May declined $766.9 million, or 19.7 percent, from the prior year, according to the monthly state cash report that State Comptroller Thomas P. DiNapoli released on June 15. “With an economy still suffocated by a global pandemic, the state’s finances took another serious hit in the month of May,” […]

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New York State tax receipts in May declined $766.9 million, or 19.7 percent, from the prior year, according to the monthly state cash report that State Comptroller Thomas P. DiNapoli released on June 15. “With an economy still suffocated by a global pandemic, the state’s finances took another serious hit in the month of May,” […]

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Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.