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All of us at Buffalo Toronto Public Media are heartbroken by the senseless tragedy that occurred in our great City on Saturday, May 14th. We are grieving with our community and are committed to helping it heal. Our thoughts are with the victims, their families, friends, and the employees and customers of Tops Friendly Markets.
Local

State tax receipts lower than last fiscal year

State Comptroller Thomas DiNapoli is reporting that tax receipts for the past fiscal year have dropped nearly 5 percent from the previous year. This equates to a $3.7 billion dollar decline. Despite the drop, the state's general fund still finished the year at higher levels than were anticipated, ending at $7.2 billion. The state's rainy day fund rose to $2 billion.

DiNapoli also reported that tax auditors have already identified more than 13,000 inappropriate refunds claimed on personal tax returns, halting payments of more than $4 million.