/ Articles / April state tax collections year-to-year decline approached $1 billion
National unemployment soars to levels not seen since the Great Depression
State policy makers were expecting grim news when April’s state tax collections data rolled in; that state data has now rolled in, and the news is, well, grim.
For this April, the Legislative Fiscal Bureau (LFB) reported this past week, state tax collections came in $870 million below those of April 2019. Specifically, tax collections for the month were $1.145 billion, and, for the 10 months of the current fiscal year, collections were $313 million below those over the same 10 months...
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