DiNapoli: Drastic State Revenue Shortfall in April

Posted to Applied Web NY on Fri, 05/15/2020 - 19:02

According to the monthly cash report released today by State Comptroller Thomas P. DiNapoli, significant revenue declines occurred for New York in April as a result of the COVID-19 pandemic and the three month extension of the state income tax filing deadline. All governmental funds monthly tax receipts totaled $3.7 billion, falling $7.9 billion or 68.4 percent from April 2019.

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