DiNapoli Issues Analysis of 2021-22 Enacted State Budget
The Enacted State Budget for State Fiscal Year (SFY) 2021-22 is boosted by a substantial influx of new resources, totaling an estimated $26.7 billion in SFY 2021-22.
The Enacted State Budget for State Fiscal Year (SFY) 2021-22 is boosted by a substantial influx of new resources, totaling an estimated $26.7 billion in SFY 2021-22.
Omnibus Procurement Amendments – A.7180/S.6626 (Zebrowski/Krueger) – Relates to participation by state agencies in a system used by the comptroller to compile vendor responsibility information; authorizing the commissioner of the office of general services and state agencies to develop alternative procurement methods not otherwise authorized by law under certain circumstances; authorizing competitive negotiation concluding with a best and final offer; clarifying the use of best and fin
In 2020, the 10-year period of record growth in tourism came to an end, and the number of visitors to New York City fell by 67 percent to 22.3 million (from 66.6 million in 2019). OSC estimates the industry’s economic impact dropped by 75 percent from $80.3 billion in 2019 to $20.2 billion in 2020.
“New York City’s $98.6 billion executive budget for FY 2022 and its financial plan for FY 2022–FY 2025 reflect a drastically improved short-term budget outlook, buoyed by more than $15 billion in federal relief since December and better-than-projected revenues.
Visitor spending drops 73%, tourism-related tax revenues plunge $1.2 billion.
New York State Comptroller Thomas P. DiNapoli today announced the following school district audit was issued.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
Collections down $173 million compared to same period last year.