ALBANY, N.Y. (AP) — New York Comptroller Thomas DiNapoli says state tax revenues for July of $3.9 billion are marginally above projections, following two months when they were short.
DiNapoli said Monday the state's fiscal picture remains tied to the strength of the national recovery.
He says month-to-month collections are "highly variable," and the state needs to be prepared for surprises, either good or bad.
Through the first four months of the fiscal year that began April 1, tax receipts of $20.7 billion for all funds are also slightly above revised projections.
They're nearly 1 percent, or $172 million, lower than last year.