Comment on After revenue drop, NY ends fiscal year on 'positive note'

After revenue drop, NY ends fiscal year on 'positive note'

ALBANY, N.Y. (AP) — New York's top financial officer says that despite a sharp decline in revenues, the state's financial health ended the fiscal year on a "positive note."Democratic state Comptroller Thomas DiNapoli on Friday released figures showing state revenue dropped by $3.7 billion, or by 4.7%, during the fiscal year that ended March 31.The revenue report wasn't all bad news, however, as March revenues surpassed projections by more than $800 million.

 

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