State Budget Financial Plan - Cash Receipts
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Change from Prior Year |
(Amounts in Millions of Dollars)
FY 2020 Results | FY 2021 Updated | FY 2022 Proposed | FY 2023 Projected | FY 2024 Projected | FY 2025 Projected | |||
---|---|---|---|---|---|---|---|---|
All Funds | All Funds | All Funds | All Funds | All Funds | All Funds | |||
Personal Income Tax | 53,660 | 51,442 | 55,910 | 59,119 | 61,407 | 61,807 | ||
Consumption/Use Taxes | 18,021 | 16,001 | 17,085 | 17,954 | 18,406 | 18,899 | ||
Business Taxes | 8,996 | 8,178 | 8,438 | 8,842 | 9,099 | 9,376 | ||
Other Taxes | 2,212 | 2,125 | 2,073 | 2,182 | 2,282 | 2,386 | ||
MTA Region Payroll Tax | 0 | 0 | 0 | 0 | 0 | 0 | ||
Miscellaneous Receipts | 29,466 | 31,707 | 27,581 | 25,628 | 25,682 | 25,627 | ||
Federal Receipts | 65,080 | 84,096 | 78,662 | 75,224 | 72,029 | 72,347 | ||
Pass Through Entity Tax | 0 | 0 | 0 | 0 | ||||
Total Cash Receipts | 177,435 | 193,549 | 189,749 | 188,949 | 188,905 | 190,442 |