Budget resolutions passed by the 119th Congress will lead to a dramatic restructuring of the federal-state relationship. This online resource details the vast array of services that federal funding supports amid the continued uncertainty in Washington over potential cuts for states, including the tourism industry and other vital programs, and the economic impact of tariffs.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
At 99.3% funded, NYSLRS is one of the best funded in the nation.
New York State Comptroller Thomas P. DiNapoli today announced reductions in employer contribution rates to the New York State and Local Retirement System (NYSLRS) for both of its systems – the Employees’ Retirement System (ERS) and Police and Fire Retirement System (PFRS).
The COVID-19 pandemic created unprecedented challenges for the State’s regional transportation authorities by disrupting operations, decreasing ridership, and severely reducing revenues; however, these authorities reported that federal aid helped them weather pandemic deficits. If ridership continues to languish and does not return to pre-pandemic levels, the authorities will need additional revenue from other sources to continue to provide services at current levels—or may be faced with limiting services.
Newsday published an op-ed from New York State Comptroller Thomas P. DiNapoli today urging New York's leaders to take steps that can help protect and strengthen the state's finances. The full op-ed is below:
State Comptroller Thomas P. DiNapoli announced that former Family Service Society (FSS) Chief Operating Officer Jennifer Thurber today pleaded guilty to manipulating the organization’s payroll system to defraud the organization of over $5,500.
Local government sales tax collections in July increased by 21.2% over the same month in 2020, marking the fourth consecutive month that collections exceeded 2020 results. Collections totaled close to $1.6 billion, up $276 million from July of last year.
Local government sales tax collections in July increased by 21.2% over the same month in 2020, marking the fourth consecutive month that collections exceeded 2020 results, State Comptroller Thomas P. DiNapoli announced today.
