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Comptroller: NY tax collections beat projections, but still less than a year ago in recovery

ALBANY, N.Y. — 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.

DiNapoli says tax collections were almost $500 million above what was predicted in the state budget adopted in late March.

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.


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