Comptroller Releases August Cash Report
State Comptroller Tom DiNapoli released the August cash report this week, which found that state tax collections have exceeded budgetary projections. Comptroller DiNapoli said: “We’ve seen robust...
View ArticleComptroller Finds that More Local Governments Are Struggling
On Wednesday, Comptroller Tom DiNapoli released an update to his local government fiscal stress monitoring program. He has added 14 local governments, including Rockland, Suffolk, Nassau and Erie...
View ArticleState Comptroller, Division of Budget Release Mid-Year Budget Analyses
Last Tuesday, State Comptroller Tom DiNapoli released his annual “Quick Start’ report, which projects that the state’s tax revenues will grow by 2.5 percent to $90.1 billion in state fiscal year...
View ArticleTax Relief Commission Report Delayed
Gov. Cuomo’s “Tax Relief Commission,” which he announced in early October, was scheduled to present the governor with its findings last Friday. But the panel, co-chaired by former Gov. George Pataki...
View ArticleComptroller Report Raises Concerns About High Public Authority Employee Pay
Last week, Comptroller Tom DiNapoli issued a report on the state’s public authorities, which are public benefit corporations that manage public services and/or systems. The report finds that more than...
View ArticleComptroller Releases November Cash Report
Last Tuesday, Comptroller DiNapoli released the latest state cash report. The Comptroller found that state tax receipts for the first eight months of the 2013-14 fiscal year were $40.3 million below...
View ArticleLower Tax Cap in 2014 for Schools, Villages
The Office of State Comptroller says that the real property tax cap for schools and villages will be between 1.42% and 1.55% in 2014, down from 2% in 2013. The Comptroller’s Office calculates the...
View ArticleComptroller: Buffalo’s Fiscal Situation Improving
Last Monday, State Comptroller Tom DiNapoli issued a report which finds that better budgeting, increased state aid and fiscal control board oversight have resulted in an improvement in the finances of...
View ArticleComptroller Report Finds Highway & Bridge Trust Fund Monies Being Used for...
Last Wednesday, Comptroller DiNapoli released a report which found that just 22% of the $3.8 billion that the state collects from highway taxes and fees each year goes to capital road projects. The...
View ArticleState Comptroller Issues Report on State Capital Planning
Last Thursday, Comptroller Tom DiNapoli issued a report reviewing New York State’s capital spending over the past decade and its plans for the coming years, and makes recommends to ensure that state...
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