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.
Introduced
Passed the Senate
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.”
Refunding of State Bonds – A.5833 /S.5442 (Pretlow/Krueger) - Signed as Chapter 102 of the Laws of 2025 – Removes the three percent limit on the call premium that may be reserved to the state for the purposes of redeeming or refunding state bonds.
Public Posting of Certain Contracts – A.6707 (Solages) – Requires a public listing of certain emergency and exempted contracts, which are otherwise subject to the approval of the State Comptroller.
New York State Comptroller Thomas P. DiNapoli, Greene County District Attorney Joseph Stanzione, and the New York State Police Superintendent Stephen G. James announced the arrest of a Tannersville couple, Kelly Tuomey, 56, and her husband, Stephen B. Tuomey, 60, today for allegedly stealing over $35,000 in pension payments.
Tax collections for State Fiscal Year (SFY) 2024-25 totaled $117.5 billion, $2.1 billion higher than forecast by the Division of the Budget (DOB) in the SFY 2025-26 Executive Budget Financial Plan, according to the March State Cash Report released by New York State Comptroller Thomas P. DiNapoli.
Federal pandemic relief funds resulted in New York having a positive balance of payments with Washington, with the state ranking 42nd in federal fiscal year (FFY) 2023 on a per capita basis, according to a report issued today by State Comptroller Thomas P. DiNapoli.
It’s Your Money, Get It Back!
