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. โ€œWeโ€™re three months into New Yorkโ€™s fiscal year and personal income tax collections are [โ€ฆ]