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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

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

… Statewide Financial System (SFS). In order to establish a grant in the SFS, there is certain mandatory information that … Operations (BSAO) to completely and accurately report grant activity and/or request federal funds needed to finance … to OSC BSAO directly, however it  must be attached  to the contract within SFS. When the contract is submitted for OSC …

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

… pre-pandemic levels, according to a report released today from State Comptroller Thomas P. DiNapoli. “Local sales … prepandemic levels according to a report released today from State Comptroller Thomas P DiNapoli …

DiNapoli Announces Reduction in Employer Contribution Rates for Retirement System

… rate of return on the Fund’s investments from 6.8% to 5.9%. “The Fund’s strength gives us the ability to weather … have changed. In 2010, he decreased the rate from 8% to 7.5%, in 2015 to 7% and in 2019 to 6.8%. The median assumed rate of return …

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

… the same month in 2021, according to an analysis released today by State Comptroller Thomas P. DiNapoli. Overall, local … the same month in 2021 according to an analysis released today by State Comptroller Thomas P DiNapoli …

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 Editions     … declined by $12.5 billion or 7.4 percent in comparison to the second quarter of 2019, according to new data from the …

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

… to workers eligible for the traditional program. With little progress toward further stimulus and relief … Fund (CRF), has remained approximately $3.8 billion with little change since mid-October pending further action by the …

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

Six months into the COVID19 recession New Yorkers working in lowerpaid sectors continue to suffer a disproportionate share of job losses statewide and especially in New York City

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

… the same month in 2021, according to an analysis released today by State Comptroller Thomas P. DiNapoli. Overall, local … the same month in 2021 according to an analysis released today by State Comptroller Thomas P DiNapoli …

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

… DiNapoli said. “The commitments we announced today aim to take advantage of the growth in climate investing and …

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

… million higher than forecast in the most recent Division of the Budget (DOB) update to the State Financial Plan, … for fiscal year 2021 totaled $75 billion through the end of February. “There is reason to be cautiously optimistic … tax revenues from February and the passing of significant additional federal assistance, thanks to …

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

… New York City was the early epicenter of the COVID-19 pandemic outbreak, but many small businesses hit hardest were initially left out of the federal Paycheck Protection Program (PPP) because they … small businesses, but it has proven difficult for many of New York City’s mom-and-pop operations to navigate,” …

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

… Local sales tax collections in New York state increased by 14.1% in October compared to the same … month in 2021, according to an analysis released today by State Comptroller Thomas P. DiNapoli. Overall, local … Local sales tax collections in New York state increased by 141 in October compared to the same month …

DiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter

… Sales tax revenue for local governments in New York state … according to State Comptroller Thomas P. DiNapoli . Sales tax collections during this period grew by just over … of the state, much of which had begun to see increasing sales tax collections starting as soon as the third quarter …

DiNapoli: Local Tax Cap Will Be Two Percent in 2022

… at 2% for 2022 for local governments that operate on a calendar-based fiscal year, State Comptroller Thomas P. … "Allowable tax levy growth will be limited to 2% for a third time in four years for local governments with … rate of inflation or 2% with certain exceptions, including a provision that allows municipalities to override the tax …

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

… September 30, 2020 September 16, 2020 September 2, 2020 August 19, 2020 August 5, 2020 July 22, 2020 July 9, 2020 Additional …

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

… adjusted annual basis, 5 percentage points worse than the national figure. The decline was more pronounced in private … hardship, and in many cases at levels exceeding the national average. The one general question asked at the … has been affected overall by the COVID-19 pandemic. Every week the State’s small businesses have consistently exceeded …

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

… the rate has been below 10 percent since the beginning of the COVID-19 pandemic. The 2.8 percentage point … decline. Unfortunately, a deeper dive into the Bureau of Labor Statistics data reveals troubling context: New York … August (based on preliminary figures), while the number of individuals officially considered unemployed declined by …

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

… Main Street. Our economy, and Main Street’s businesses and workers, are badly in need of additional support, including …