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DiNapoli: Tax Cap Set at 2% in 2024

Property tax levy growth will be capped at 2% for 2024 for local governments that operate on a calendar-based fiscal year, according to data released today by State Comptroller Thomas P. DiNapoli.

DiNapoli: State Pension Fund Releases Annual Investment Return

New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the state fiscal year that ended March 31, 2023. The Fund closed the year valued at $248.5 billion.

New Federal Dollars for Broadband Deployment

New York will receive nearly $665 million as part of recent federal investments to improve broadband data, affordability, access and availability. New federal funds present an opportunity for the State to improve the availability of reliable, high-speed service to unserved and underserved areas, and the State must now craft a plan that is ambitious, actionable and accountable for meeting this objective.