- By New York State Comptroller's Office
- News
State tax receipts in June were down $1.5 billion or 17.3 percent from the previous year, according to the monthly state cash report released by State Comptroller Thomas P. DiNapoli.
"As steps toward an economic reopening continue, state tax revenues remain far short of pre-pandemic levels," DiNapoli said. "Currently, state spending is well below projections, as the Division of the Budget withholds some payments in response to fiscal uncertainty. All eyes are on Washington. New York and its localities badly need more federal aid if they are to respond fully to the COVID-19 crisis."