New York City faces spending risks that could increase its budget gaps for Fiscal Years (FY) 2025 through 2027 to an average of $12.6 billion annually, fueled by spending choices made during the pandemic, underbudgeting for recurring spending, and significant costs associated with the influx of asylum seekers into the five boroughs, according to a report released today by State Comptroller Thomas P. DiNapoli.
Local sales tax collections in New York state increased by 5.1% in November compared to the same month in 2022, according to data released today by State Comptroller Thomas P. DiNapoli. Overall, local collections totaled $1.81 billion, up $88.6 million compared to the same time last year.
Population shifts during and after the COVID-19 pandemic are changing the face of New York City and highlight significant policy implications moving forward, according to a report released today by New York State Comptroller Thomas P. DiNapoli.
The number of full-time local government workers employed outside of New York City shrank 7.9% from 491,102 to 452,298 from 2007 through 2022, according to a report by New York State Comptroller Thomas P. DiNapoli. New York’s decline in local government employment stands in contrast to the nation as a whole, which saw a 2% increase in the number of full-time employees over this 15-year period.
A 58-year-old Binghamton woman, Joy LaBarr, was charged with stealing nearly $32,000 in New York State pension payments intended for her deceased father-in-law, State Comptroller Thomas P. DiNapoli and Broome County District Attorney Michael A. Korchak announced today.
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 were issued.
In October, the Office of the State Comptroller approved 1,958 contracts for state agencies and public authorities valued at $2.1 billion and approved more than 2 million payments worth nearly $14.6 billion. The office rejected 159 contracts and related transactions valued at $2.4 billion and nearly 2,300 payments valued at nearly $10.4 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at Open Book New York.
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
A report released today found more than one of every 100 resident personal income tax (PIT) filers left New York state in 2020, according to State Comptroller Thomas P. DiNapoli. The COVID-19 pandemic caused a significant shift in taxpayer movement, with net out-migration quadrupling in 2020 compared to the prior year. While declining in 2021, the net number of taxpayers leaving remained one-third greater than the pre-pandemic average.
