New York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
March 18, 2021 Edition
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DiNapoli: Tax Revenues in February $758 Million Over Budget Projections
Although year-to-date collections continue to lag prior year results, tax collections through February were $758.4 million higher than forecast in the most recent Division of the Budget (DOB) update to the State Financial Plan, according to the monthly State Cash Rep
Hero Banner - February Local Sales Tax
Collections declined $2.2 billion in 12 months since start of pandemic.
DiNapoli: February Local Sales Tax Collections Down 4.2 Percent; Year Over Year Decline Narrows
Overall sales tax collections for local governments declined by 4.2 percent in February compared to the same month in 2020, State Comptroller Thomas P. DiNapoli announced today. Collections totaled nearly $1.3 billion, down $55 million from February of last year.
DiNapoli Announces Sale of $636 Million State of New York General Obligation Bonds
State Comptroller Thomas P. DiNapoli today announced the details of the competitive sale scheduled for March 16 of tax-exempt and taxable New York State General Obligation bonds, totaling $635.9 million.
State Comptroller Thomas P. DiNapoli Statement on Federal COVID-19 Relief Plan
“This is a game changer for New York.
DiNapoli: DOH Needs to Step Up Enforcement of Patient Safety Violations
The State Department of Health (DOH) has failed to hold accountable certain health care providers including hospitals, nursing homes and individual nurses, for patient safety violations and use its power under the law to impose stronger fines.
New York’s Economy and Finances in the COVID-19 Era (March 4, 2021)
A year after the first case of COVID-19 was reported in New York State, the economic disruption caused by the pandemic remains severe. One key measure is the total number of New Yorkers claiming unemployment insurance (UI) benefits. The figure remains elevated 11 months after the initial surge of job losses, with 2.4 million claims reported by the U.S. Bureau of Labor Statistics as of mid-February 2021.
DiNapoli: State Pension Fund Calls on Companies to Address Climate Risk, Transition to Cleaner Operations
The New York State Common Retirement Fund (Fund) has reached agreements with five major U.S.
DiNapoli: Former Tax Collector Accused of Pocketing $88,000 for Car Loans, Amazon Purchases, Food and Other Expenses
New York State Comptroller Thomas P. DiNapoli today announced the arrest of Jennifer Colucci, 41, of Hopewell Junction, N.Y., for allegedly stealing more than $88,000 in tax funds collected for the use of the town of Beekman and its schools.