Tax revenues for New York fell about $391.9 million short of the state’s projections for the first half of the fiscal year, according to a report released this week by Comptroller Thomas DiNapoli’s office.
From April through September, total tax revenues for the state added up to $31.7 billion, up 12.6 percent compared to the first six months of the 2011-12 fiscal year.
But they were shy of projections included in the current budget, which may force the state to lower its revenue expectations for the rest of the year, DiNapoli said.
Meanwhile, separate data from the state Department of Taxation and Finance show most counties in New York saw modest gains in sales-tax collections for the quarter ending in September. Monroe County, for example, took in $111 million in sales-tax receipts, a 9.6 percent increase compared to the same quarter last year.
Livingston County’s receipts jumped 14.5 percent to $7.9 million using the same comparison.