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DiNapoli: Local Sales Tax Collections Up 1.6% in First Quarter

… Local government sales tax collections totaled $5.6 billion in the first calendar quarter (January-March) of 2024, an … year, the lowest rate of growth since the first quarter in 2021, according to a report released today by State … decline for the quarter. “Local sales tax collections in the first quarter showed modest year-over-year growth, led …

DiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter

… current estimates for the first quarter, but the economy is sending mixed signals that cloud the state’s fiscal … will continue to closely monitor economic conditions and what it means short- and long-term for our state’s finances.” …

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

… Local sales tax collections in New York state increased by 8.8% in November compared to the same month in 2021, according to an analysis released today by State … Local sales tax collections in New York state increased by 88 in November compared to the same month in 2021 according to …

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

IX.4 Establish & Maintain Federal Grants in SFS for Onboarding Agencies – IX. Federal Grants

… federal funds. When a federal agency awards a grant to NYS, they issue a Grant Award Document or Notice (GAD), or … and submits when completed, which sets the contract status as PENDING_OSC_APPROVAL. OSC will run a query for any … in the SFS as detailed above, it becomes available for budget transactions. Based on the available grant award …

DiNapoli: Local Sales Tax Collections Up 20% in Third Quarter

… of the COVID-19 pandemic,” DiNapoli said. “This growth is an indicator that New York is experiencing an economic recovery, but local governments … The improvement in New York City sales tax collections is tied to factors such as the re-opening or increased …

DiNapoli Announces Reduction in Employer Contribution Rates for Retirement System

… Comptroller Thomas P. DiNapoli today announced reductions in employer contribution rates to the New York State and … rates will impact payments next State Fiscal Year 2022-23. In addition, DiNapoli lowered the long-term assumed rate of … and best-funded,” DiNapoli said. “While the reduction in employer contribution rates is welcome news for taxpayers, …

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

… Local sales tax collections in New York state increased by 11.9% in July compared to the same month in 2021, according to an analysis released today by State Comptroller Thomas P. DiNapoli. Overall, local … experiencing the largest increase at 19.6%, followed by Cattaraugus (13.3%) and Yates (12.6%). Conversely, Monroe …

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

… SNAP expenditures in New York (funded entirely by the federal government) have increased by over 40 percent to … from April through September. New York has received federal approval to continue issuing the emergency allotments … action may occur. New York State Budget and Spending State tax revenues for the fiscal year to date totaled $48.1 …

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 … season. The potential loss of such economic support is especially troubling given the slowing jobs recovery in … $4.5 billion in proceeds from short-term borrowing that is anticipated to be repaid before the end of the fiscal …

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 … below.) The disproportionate impact on lower-paid workers is higher in New York City. NYS Jobs Lost March-August 2020 … $4.5 billion in proceeds from short-term borrowing that is anticipated to be repaid before the end of the fiscal …

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

… sales tax collections in April were strong throughout most of the state, the continued rise in the price of goods …

DiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments

… creates opportunities for the state pension fund to invest in the companies and funds that are best positioned for the … we announced today aim to take advantage of the growth in climate investing and to strengthen our portfolio for the … a European investment fund that will focus on investments in renewable assets including onshore and offshore wind and …

DiNapoli: Tax Revenues in February $758 Million Over Budget Projections

… totaled $75 billion through the end of February. “There is reason to be cautiously optimistic with … will be helpful in the state’s ongoing recovery effort, it is important to use them responsibly and think long-term, as … $8.7 billion, or 10.1 percent, lower than last year. This is largely due to higher federal reimbursement for Medicaid …

DiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing

… on reaching small businesses and the additional funding is a welcome shot in the arm. Lawmakers and administrators … maximum amount borrowers can request through the program is $10 million. Washington allocated a total of $953 billion … Report The Paycheck Protection Program in New York City: What’s Next? Find out how your government money is spent at …

DiNapoli: Local Sales Tax Collections Grew by 14% in October

… continues to increase costs for many municipalities, it is important that local officials recognize that changing …

DiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter

… by the COVID-19 pandemic,” said DiNapoli. “While this is good news, local leaders are advised to budget carefully. … Same Quarter in 2020 Find out how your government money is spent at Open Book New York . Track municipal spending, …

DiNapoli: Local Tax Cap Will Be Two Percent in 2022

… override the tax cap. The 2% cap for the 2022 fiscal year is the third time since 2019 that municipalities with a … for Local Governments Find out how your government money is spent at Open Book New York . Track municipal spending, …

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 sharply—in April, with a combined loss of more than 1.9 million jobs. … Total employment in New York State fell in March and again much more sharply in April with a combined …

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 … remain in place through March 2021 unless the emergency is revoked before January 2021, and is already set to continue through December 31 because of a …