R.I. cash collections drop 46.3% in April

RHODE ISLAND cash collections declined 46.3% year over year in April as the economy was impacted by the COVID-19 pandemic. / PBN FILE PHOTO/ARTISTIC IMAGES
RHODE ISLAND cash collections declined 46.3% year over year in April as the economy was impacted by the COVID-19 pandemic. / PBN FILE PHOTO/ARTISTIC IMAGES
PROVIDENCE – Rhode Island tax cash collections in April totaled $259.5 million, a 46.3% decline year over year, according to the R.I. Department of Revenue Thursday. The sharp decline in revenue was attributed to the impacts of the COVID-19 pandemic. April reflects the first full month of COVID-19-related shutdowns in the state. Personal income tax…

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