Comptroller DiNapoli has launched his new online tool to monitor spending of federal recovery aid and COVID-19 relief programs in the State. The dashboard explains each federal and State program, and how much has been received and spent to date. The data will be updated monthly and New Yorkers can use the tool to understand how federal aid is used and to inform future conversations about budget priorities.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
Each year State Comptroller Thomas P. DiNapoli commemorates Hispanic Heritage Month by honoring prominent members of the Latino community. This year's reception will include a fireside chat with the Comptroller and his honorees Ruben Diaz, Jr., Bronx Borough President, and Hilda Gerena-Diaz, Assistant Chief of Operations at the Port Authority of New York and New Jersey.
More than $850 million in property taxes lost in fiscal year 2022.
The COVID-19 pandemic wiped out years of growth in New York City’s office sector, erasing nearly $28.6 billion in market value and more than $850 million in property taxes in City Fiscal Year (FY) 2022.
The COVID-19 pandemic wiped out years of growth in New York City’s office sector. Stay-at-home orders forced many office workers to shift to remote work, as businesses reliant on in-person interactions with customers were forced to reduce capacity or remain closed for extended periods. As a result, in City Fiscal Year 2022, the full market value of office buildings fell $28.6 billion, the first decline in more than 20 years, and property taxes declined more than $850 million.
New York State Comptroller Thomas P.
Public can track spending of federal recovery aid and state relief programs, including funds for childcare providers and small business recovery.
State Fiscal Year (SFY) 2020-21 will long be remembered for the disruption caused by the COVID-19 pandemic and for the resilience demonstrated by New Yorkers in responding to the multitude of challenges.
