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DiNapoli: State Tax Receipts Higher Than Projections in First Quarter

… billion through the first quarter of State Fiscal Year SFY 202526 $5805 million higher than the most recent Division of …

DiNapoli: Franklin School District Saves $826,000 in Health Care Costs

… District officials saved more than $800,000 in health insurance costs by switching carriers and offering employees … benefits and costs associated with the district’s health insurance coverage and pursued a lower cost alternative. This evaluation allowed the district to find a new insurance carrier that was less expensive and which offered …

DiNapoli: Former Almond Treasurer Took $22,000 in Fire Department Funds

… Treasurer Sally Dieter for allegedly stealing $22,000 in cash by pocketing fundraising proceeds and writing … numerous checks to herself. Dieter, 40, was arraigned in Almond town court charged with grand larceny in the third degree, a class D felony. DiNapoli’s office …

DiNapoli's Auditors Halt $21.3 Million in Suspicious 2016 Tax Refunds

… stopped were for returns filed by taxpayers who claimed refundable credits based on incorrect information such as …

DiNapoli: Increase in Older Inmates Challenges New York's Prison System

… health care costs by age groups is not readily available in New York, DiNapoli's report found that overall, such costs rose to over $380 million in 2015-16 State Fiscal Year, an increase of $64.5 million, or 20.4 percent, in the last three years. "New York must confront the …

DiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead

… purposes in the state Department of Economic Development (DED) and Urban Development Corp. (UDC). The budget requires … measures to evaluate performance outcomes, and requires DED to annually post online a report on all economic development assistance granted by DED or UDC. A separate provision eliminates annual reporting …

DiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter

… income growth and financial market volatility in 2022 on collections from returns in April and May. Year-to-date …

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

… breakdown) Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local …

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 … information is essential to facilitate compliance with federal Cash Management Improvement Act (CMIA) and single … Contracts module is used to facilitate billing the Federal Government and revenue recognition. A contract is necessary …

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 … Local sales tax collections in New York state increased by 119 in July compared to the same month in 2021 according to an …

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

… BLS add to the picture. Total wages in accommodation and food services fell by $3.5 billion, a drop of nearly 60 … Construction $5,551.6 ($1,872.6) -25.2% Accommodation and food services $2,427.2 ($3,525.5) -59.2% Note: Sectors shown … -8.9% Source: U.S. Bureau of Labor Statistics Insufficient Food Remains a Threat, Especially in Black and Hispanic …

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

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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 …

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

… Local government sales tax collections grew by 15.7% in April compared to the same month in 2021, according to an analysis released today by State … April of last year. “While local sales tax collections in April were strong throughout most of the state, the … Local government sales tax collections grew by 157 in April compared to the same month in 2021 according to an …

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

… through February were $758.4 million higher than forecast in the most recent Division of the Budget (DOB) update to the … DiNapoli said. “While these resources will be helpful in the state’s ongoing recovery effort, it is important to … and think long-term, as challenges remain.” Tax revenues in the month of February totaled $7 billion, $1.8 billion …

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 … Local sales tax collections in New York state increased by 141 in October compared to the same month in 2021 according to an …

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 … the increase largely reflects extremely weak collections in the April to June period of 2020. However, even compared … Sales tax revenue for local governments in New York state rose by 492 in the second quarter April to …

DiNapoli: Local Tax Cap Will Be Two Percent in 2022

… tax levy growth will be limited to 2% for a third time in four years for local governments with calendar fiscal … first applied to local governments and school districts in 2012, limits annual tax levy increases to the lesser of … Dec. 31) had their levy growth capped at that amount. In 2021, the allowable levy growth was 1.56%. The Office of …

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 …