Wednesday, May 22, 2013

Latest local news, weather and sports for Syracuse and Central New York

Comptroller says New York tax collections beat projections
Posted: 05.21.2012 at 6:01 AM
0
Photo

ALBANY (AP) -- In more evidence of a slow, uneven recovery, New York state tax collections were higher than projected so far, but still less than a year ago.

Tax collections based on employment and business activity are a measure of economic growth.

State Comptroller Thomas DiNapoli is releasing the figures for April, which is the first month of the state's fiscal year.

DiNapoli says tax collections were almost $500 million above what was predicted in the state budget adopted in late March. But the collection was more than $330 million short of one year ago for the same period.

DiNapoli says it's too early to say if the collections are showing a trend of beating projections.

(Copyright ©2012 by The Associated Press. All Rights Reserved.)

Popular Stories
Thumbnail
Power outages across Central New York after severe weather
Matt Mulcahy  |  Yesterday at 7:29 PM  |  14 comments
Thumbnail
Trees ripped out of ground, trampoline blown over in thunderstorms
Megan Coleman  |  5 minutes ago  |  1 comment
Follow CNY Central
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
CNY Central Deals
Click here for great Deals!
CNY Biz Central - Senior Living
Find the assistance you need here.
CNY Biz Central - Legal
Helpful advice about finding the right attorney for your legal needs.
Contest Corner
Enter to win!
ADVERTISEMENT