R.I. May cash collections up 92% from a year ago, to $384M

CASH COLLECTIONS in Rhode Island in May totaled $384.3 million, a rise of 92% year over year. The increase was largely attributed to a delay in tax deadlines one year prior. / COURTESY R.I. DEPARTMENT OF REVENUE
PROVIDENCE – Rhode Island cash collections in May totaled $384.3 million, a rise of 92% year over year, the R.I. Department of Revenue said Friday. In addition to the economic impact of COVID-19 and related restrictions on the economy in 2020, the increase in collections from one year prior was driven by a jump in…

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