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State tax receipts boost financial picture

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There is good financial news being reported for New York State. Comptroller Thomas DiNapoli states that tax receipts for the early part of the fiscal year are up more than 13 percent. DiNapoli attributes that boost to personal tax income receipts, but he does caution that the pace of overall economic growth remains sluggish.

The fiscal year began on April first and the state's general fund showed a closing balance of $4.4 billion at the end of July.

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