NY State Reviewing Revenue Projections Due To Coronavirus

As New York State lawmakers work on the 2021 budget, Governor Andrew Cuomo is asking Comptroller Thomas DiNapoli to review revenue projection in light of the coronavirus outbreak. Cuomo say COVID-19 could impact virtually every sector of society through school closures, travel disruptions, empty restaurants and hotels, and canceled business meetings. DiNapoli is asked to complete the review and risk analysis in the next seven days.