The Daily Gazette
The Locally Owned Voice of the Capital Region
Advertisement
Promotions

Hurricane Sandy could add to state’s tax revenue shortfall

  • FACEBOOK
  • TWITTER
  • GOOGLE+
  • LINKEDIN
  • PRINT
  • E-MAIL
Text Size: A | A

One of the biggest fallouts from Superstorm Sandy could hit New York state taxpayers hard. Tax collections were $170.8 million below expectations in October before the storm hit New York City, Long Island and the Hudson Valley on Oct. 28, Comptroller Thomas DiNapoli’s review of tax revenues showed. That gap is based on estimate revisions made in July. October’s revenues were more than $259.8 million below the estimate in the budget adopted in April. The ...


You Must Log-In or Subscribe to Continue Subscription Offer Individual stories can be found and purchased from our Archives for $2.00

Advertisement

comments

There are currently no posts. Be the first to comment on this story.
Advertisement