State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
In May, the Office of the State Comptroller approved 791 contracts for state agencies and public authorities valued at $1.2 billion and approved approximately 20.2 million payments worth nearly $25.9 billion. The Office rejected 93 contracts and related transactions valued at $150 million and more than 9,000 payments valued at more than $21.4 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.
State tax receipts in May were down $766.9 million or 19.7% from the previous year, according to the monthly state cash report released today by State Comptroller Thomas P. DiNapoli.
“With an economy still suffocated by a global pandemic, the state’s finances took another serious hit in the month of May,” DiNapoli said. “We are now clearly seeing the recession’s impact on tax receipts. As we continue to slowly re-open the economy, it’s critical that Washington act on our call for more federal aid.”
Other items of note in the report:
Sales tax revenue for local governments in May fell 32.3 percent compared to the same period last year, according to State Comptroller Thomas P. DiNapoli. Sales tax collections for counties and cities in May totaled $918 million, or $437 million less than 2019.
The brutal killing of George Floyd is yet another traumatic example of the profound pain and damage wrought by racial injustice.
This time, the response must be different.
Too many Black lives have been lost or marginalized over the years to racism, intolerance and violence. Too many fathers and mothers, sons and daughters have been taken. Too many opportunities have been stolen and dreams deferred.
Across our country, Americans of all backgrounds are demanding real change.
Find the most current information about COVID-19 as it relates to NYSLRS benefits and stay up to date on any future changes.
Signed into law on August 24, 2020 as Chapter 157 of the Laws of 2020 – A.10492 Rules (Thiele) / S.8417 Krueger - Provides financial and budgetary flexibility to local governments as they continue to operate and provide critical services during the COVID-19 public health crisis and its aftermath, by: (1) extending the "rollover" period for bond anticipation notes issued in calendar years 2015 through 2021, inclusive; (2) authorizing local government
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits have been issued.