The state does have more immediate revenue problems heading into the new fiscal year, including a $ 4 billion deficit that could grow even higher and shrinking tax revenue. (nystateofpolitics.com)
Municipalities face revenue problems stemming from an inability to increase taxes, and concerns over whether such investments like toll roads or stadiums can create sufficient new income to repay borrowers. (thecollegeinvestor.com)
The Gannett news bureau in Albany reported Tuesday that del Lago principal Thomas Wilmot, a Rochester businessman, was at the Capitol trying to get state assistance — likely in the form of lower taxes — to help deal with revenue problems. (buffalonews.com)