New York�s comptroller reports tax revenues so far this fiscal year are nearly 10 percent higher than the same four months last year.

According to the comptroller�s office, the $25.3 billion in tax receipts through July reflect stronger personal income tax collections.

Comptroller Thomas DiNappoli says settlement funds have also boosted the state�s available balance at the end of July to $9.6 billion.

New York has reached settlements with several major banks following state and national investigations into troubled mortgage-backed securities and currency transactions for nations barred from U.S. trade.

The comptroller�s report shows consumption and use tax collections of $5.3 billion through July, up nearly 4 percent, and business tax collections of $2 billion, down about $534 million from a year earlier.

(AP)