New York City, facing significant uncertainty in its economic and financial outlook, should develop a comprehensive plan to lay out its options before resorting to long-term borrowing to fund operations, according to a report released today
Revenues for local governments dropped 9.5 percent in the third quarter compared to 2019. Sales tax collections totaled $4.3 billion ($452 million less than last year).
Sales tax revenue for local governments in New York state dropped 9.5 percent in the third quarter compared to the same period last year, according to State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits have been issued.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
Rose on unprecedented federal stimulus.
Amidst the economic tumult brought on by the COVID-19 pandemic, the securities industry saw its pretax profits reach $27.6 billion in the first six months of 2020, an 82 percent increase over the same period last year, according to State Comptroller Thomas P.
Halfway through the state’s fiscal year, state tax receipts are trailing last year by $2.8 billion, according to the September State Cash Report released by New York State Comptroller Thomas P. DiNapoli.
