Local government sales tax collections totaled $5.8 billion in the first quarter (January-March) of 2025, an increase of 3.2% ($180 million) compared to the same quarter last year. Each of the 10 regions in the state, including New York City, had a year-over-year increase in collections. This marked the second straight year that first quarter growth was below the pre-pandemic average of 3.5%.| Regional Table [xlsx]
Local government sales tax collections totaled $5.8 billion in the first quarter (January-March) of 2025, an increase of 3.2% ($180 million) compared to the same quarter last year. Each of the 10 regions in the state, including New York City, had a year-over-year increase in collections, according to a report released today by State Comptroller Thomas P. DiNapoli. This marked the second straight year that first quarter growth was below the pre-pandemic average of 3.5%.
Auditors identified a number of issues with revenues and expenditures. They found the district’s unassigned fund balance increased from $4.4 million in 2021-22 to $31.3 million in 2023-24 and unassigned fund balance as a percentage of the ensuing year’s appropriations increasing from 1.7% in 2021-22 to 9.2% in 2023-24, exceeding the 4% statuory limit.
State Comptroller Thomas P. DiNapoli today announced that nine villages were designated in fiscal stress under his office’s Fiscal Stress Monitoring System (FSMS) for their fiscal year ending in 2024. DiNapoli’s office evaluated all non-calendar year local governments that filed their financial reports in time to be scored and designated three villages in “significant fiscal stress,” two in “moderate fiscal stress,” and four as “susceptible to fiscal stress.”
New York State Comptroller Thomas P. DiNapoli and State Police Superintendent Steven G. James today announced that former Village of Candor Mayor Eric Halstead was sentenced to 60 days in jail for his theft of $23,000 in village funds.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
New York State Comptroller Thomas P. DiNapoli and Department of Financial Services Superintendent Adrienne A. Harris today announced the approval of Spring Bank’s Red Hook Branch as a Banking Development District (BDD) and deposited $10 million in public funds to the bank.
State Comptroller Thomas P. DiNapoli, Wayne County District Attorney Christine Callanan and the New York State Police announced William Storrs, a former fire chief and treasurer, was arrested today for stealing $101,000 from the Marbletown Volunteer Fire Department in Newark, New York.
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
