State Comptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P. DiNapoli today announced the following audits were issued.
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Green Economy Boosts Job Growth in New York
New York State Comptroller Thomas P.
2022 Black History Month Celebration
Watch a Replay of the Event
In honor of Black History Month, Comptroller DiNapoli hosted a fireside chat with Jennifer Jones Austin, CEO and Executive Director of the Federation of Protestant Welfare Agencies, and Svante Myrick, Executive Director of People for the American Way.
Click below to hear from these prominent black leaders who advocate for protecting people in need and the ideals of freedom, equality, opportunity, and justice.
Aid and Incentives for Municipalities: New York State’s Local Revenue Sharing Program
Unrestricted State aid for cities, towns and villages has remained flat or declined over the last decade. When adjusted for inflation, unrestricted aid to local governments has actually declined by 24% since 2011, when the State’s real property tax cap was enacted.
DiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
Unrestricted state aid for cities, towns and villages has remained flat or declined over the last decade, according to a report issued today by New York State Comptroller Thomas P. DiNapoli.
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Corporate accountability is key to sustainable investments.
2022 Virtual Lunar New Year Celebration
Watch a Replay of the Event
Comptroller DiNapoli hosted his 10th annual Lunar New Year event in celebration of the Year of the Tiger with prominent Asian Americans who work tirelessly to better their communities and the State of New York. This year’s honorees included Kevin Kim, Commissioner of Small Business Services; Prisca Bae, Vice President and Head of Partnerships at The Asian American Foundation; Dr. Anthony Shih, President of the United Hospital Fund; and Eugene Noh, Political Director of the Retail, Wholesale & Department Store Union.
Local Sales Tax Collections Up 19% in 2021
Local government sales tax collections totaling $19.6 billion increased by 19.1%, or $3.1 billion, in 2021 compared to last year. This was the highest annual increase on record after a historic low in 2020 when local sales tax collections declined by 10%. Annual growth in 2019 was 4.7%.
New York State Fiscal Year 2022-23 Executive Budget Review
Although the Division of the Budget forecasts in the State Fiscal Year 2022-23 Executive Budget that the budget will remain in balance for the next five years, the direction of the pandemic, inflation, and supply chain issues all remain risks to the state’s economic recovery and financial plan. The budget also proposes billions of dollars in spending that would bypass critical oversight if enacted.
State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli today announced the following audits were issued.