DiNapoli: State Tax Receipts and Spending Outpace Division of Budget's Projections Through December
State tax receipts totaled $85.8 billion through three quarters of the State Fiscal Year (SFY) 2025-26, $2.3 billion higher than estimates released in the Division of Budget’s (DOB) Mid-Year Update to the Enacted Budget Financial Plan. On a year-over-year basis, collections were $5.9 billion higher than those through December 2024, according to the monthly State Cash Report released by New York State Comptroller Thomas P. DiNapoli.
