New York City is planning significant steps to reduce city-funded spending by as much as 15% in response to substantial budget gaps fueled by escalating costs in the years ahead. However, the city’s ability to cut spending is limited to what it has discretion and control over, according to a report released today by State Comptroller Thomas P. DiNapoli.
A total of 14 local governments in New York State ended their fiscal year 2022 with a fiscal stress designation, down from 20 a year ago, State Comptroller Thomas P. DiNapoli announced today. Of the 14, nine were announced today. These determinations were based on the State Comptroller’s Fiscal Stress Monitoring System (FSMS) scores released today and highlighted in a report.
New York State Comptroller Thomas P. DiNapoli today released a report examining demographic, economic and quality of living trends in 10 rural counties in New York state. Most of the counties had population losses, aging residents, a shrinking labor force, as well as challenges with housing availability and access to health care, food and broadband.
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
The Nourish New York program (Nourish NY) was created to help the 1-in-10 New Yorkers facing food insecurity and local farmers by connecting food banks to New York-grown products. However, an audit released today by New York State Comptroller Thomas P.
Local sales tax collections in New York state grew by 4% in August compared to the same month in 2022, according to data released today by State Comptroller Thomas P. DiNapoli. Overall, local collections totaled $1.78 billion, up $67.9 million compared to the same time last year.
The state Department of Health (DOH) can save hundreds of millions of dollars in costs if it strengthens its oversight of enrollment in Medicaid and other public health plans, according to two audits released today by State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
State Comptroller Thomas P. DiNapoli today announced the details of the negotiated sale of tax-exempt and taxable New York state General Obligation (GO) bonds scheduled for September 27th and 28th, currently estimated to total approximately $543 million. The state expects to sell $459.4 million for new money transportation, education, and environmental purposes with the Series 2023A, 2023B and 2023D bonds.
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
