New York State Comptroller Thomas P. DiNapoli released a statement today after the arrest of Muge Ma following a joint investigation by his office, United States Attorney Geoffrey Berman and the FBI.
According to the monthly cash report released today by State Comptroller Thomas P. DiNapoli, significant revenue declines occurred for New York in April as a result of the COVID-19 pandemic and the three month extension of the state income tax filing deadline. All governmental funds monthly tax receipts totaled $3.7 billion, falling $7.9 billion or 68.4 percent from April 2019.
Recent unemployment claims suggest that most of New York City’s job gains over the past decade have been lost due to the economic impacts of the coronavirus. The city now forecasts its economy will shrink by 12.9 percent in 2020, according to a report released today by New York State Comptroller Thomas P. DiNapoli. Tax collections are projected to fall next fiscal year for the first time since the Great Recession.
The state’s Enacted Budget Financial Plan anticipates a dire fiscal outlook in State Fiscal Year (SFY) 2020-21 and projects sweeping budget cuts that could affect essential services provided by the state, schools and local governments, according to an analysis released today by State Comptroller Thomas P. DiNapoli.
Local sales tax collections dropped 24.4 percent in April compared to April 2019, leaving many of New York’s local governments grappling with shortfalls, according to State Comptroller Thomas P. DiNapoli. Sales tax collections totaled $1.02 billion in April.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits have been issued.
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits have been issued.
New York State Comptroller Thomas P. DiNapoli, Orange County District Attorney David M. Hoovler and Ulster County District Attorney David J. Clegg announced on Wednesday, April 29, 2020, their offices will be coordinating with each other, as well as with other law enforcement officials, to protect the public from COVID-19 related internet scams.
In March, the Office of the State Comptroller approved 1,644 contracts for state agencies and public authorities valued at $3.4 billion and approved approximately four million payments worth more than $23.5 billion. The Office rejected 103 contracts and related transactions valued at $180 million and nearly 9,500 payments valued at more than $41.4 million. More information on these contracts and payments is available at www.openbooknewyork.com.
