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DiNapoli: Local Sales Tax Collections Up Nearly 12% in July

… totaled $1.8 billion, up $188 million as compared to July of last year. “Statewide local sales tax collections growth … continued to be strong in July, despite the participation of many counties in the gas tax holiday,” DiNapoli said. … York City’s collections totaled $776 million, an increase of 19.5% — or $127 million — over July of 2021. A majority of …

DiNapoli: Local Sales Tax Collections Grow by Nearly 9% in November

… estimating their own revenue projections for the remainder of the year.” New York City’s collections totaled $770 million, an increase of 10.7%, or $74 million, over November of 2021. All but a handful of counties experienced some …

IX.3 Establish & Maintain Federal Grants in SFS for Non-Onboarding Agencies – IX. Federal Grants

DiNapoli: Local Sales Tax Collections Up Nearly 16% in April

… totaled $1.7 billion, up $232 million from April of last year. “While local sales tax collections in April were strong throughout most of the state, the continued rise in the price of goods and services has increased the cost of doing …

Recent Trends and Impact of COVID-19 in the Bronx

… June 2021 PDF Version    En Español Highlights Population in the Bronx grew by 10.4 percent from 2000 to … borough), driven primarily by the growth in the immigrant population, but it declined in the next two years to 1.42 … Population in the Bronx grew by 104 percent from 2000 to 2017 …

DiNapoli Announces Reduction in Employer Contribution Rates for Retirement System

… announced reductions in employer contribution rates to the New York State and Local Retirement System (NYSLRS) for both of its systems – the Employees’ Retirement System (ERS) and Police and Fire … announced reductions in employer contribution rates to the New York State and Local Retirement System NYSLRS for …

DiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter

… Sales tax revenue for local governments in New York state rose by 49.2% in the second quarter (April to June 2021) compared to the same … Sales tax revenue for local governments in New York state rose by 492 in the second quarter April to June 2021 compared to the same …

DiNapoli: Local Tax Cap Will Be Two Percent in 2022

… federal financial assistance. At the same time, the risk of inflationary cost increases and the need for investments … in 2012, limits annual tax levy increases to the lesser of the rate of inflation or 2% with certain exceptions, including a …

New York’s Economy and Finances in the COVID-19 Era

… the second quarter of 2019 according to new data from the US Bureau of Labor Statistics BLS …

New York’s Economy and Finances in the COVID-19 Era

… Again? New Yorkers’ average student loan balance rose by 3.9 percent from the previous year to $37,600 as of June … 20.1 percent since 2016. The average balance owed by New Yorkers was 5 th highest among the states. The table … borrowers in New York and other states. Student Loan Debt by State, 2020 (Table)   Average Amount Owed Percentage of …

New York’s Economy and Finances in the COVID-19 Era

… Selected Economic Trends Job Losses Are Concentrated in Lower-Paid Sectors Six months into the COVID-19 recession, New Yorkers working in lower-paid sectors continue to suffer a disproportionate … share of job losses statewide and especially in New York City. Among the nearly 1.3 million net jobs the …

New York’s Economy and Finances in the COVID-19 Era

… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions     … York households expect a loss of employment income within the next four weeks according to new data from the Census …

New York’s Economy and Finances in the COVID-19 Era

… Jobs Recovery Varies Across New York Total employment in New York State fell in March, and again—much more … New York State Department of Labor Medicaid Enrollment in New York Jumps by 600,000; Total Increase May Reach … Total employment in New York State fell in March and again much more sharply …

New York’s Economy and Finances in the COVID-19 Era

… mechanisms, as well. Pandemic Drives Higher Need for SNAP, Medicaid, Cash Assistance In the wake of the economic … Medicaid, the Supplemental Nutrition Assistance Program (SNAP) and cash assistance programs than were doing so before … by the Division of the Budget. Due to facility closures in response to the pandemic, video lottery terminal (VLT) …

New York’s Economy and Finances in the COVID-19 Era

… Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Edition     … a financial lifeline for households all across New York. But the flow of support to the unemployed is scheduled to …

New York’s Economy and Finances in the COVID-19 Era

… Subscribe for Latest Updates The State Comptroller’s office is committed to … updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions     …

New York’s Economy and Finances in the COVID-19 Era

… Subscribe for Latest Updates The State Comptroller’s office is committed to … updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions     …

New York’s Economy and Finances in the COVID-19 Era

… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get …

DiNapoli: Wall St. Profits Soared in First Half of 2020

… pretax profits reach $27.6 billion in the first six months of 2020, an 82 percent increase over the same period last … annual report on Wall St.’s performance . “An injection of federal stimulus money, plummeting interest rates and … the securities industry provides an outsized source of revenue, but the rising profits on Wall Street are …

New York’s Economy and Finances in the COVID-19 Era

… sector, accounted for over 10 percent of job losses. Many jobs in these industries are relatively low-paid … Unemployment Benefits Remain a Financial Lifeline–But for How Long? Unemployment benefits have provided urgently needed … of New York workers in recent months. As of the two weeks ending October 31 and November 7, more than 2.3 million …