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Report Finds $29 billion Needed for Maintenance and Repair
Report Finds $29 billion Needed for Maintenance and Repair
Agriculture is an important sector in Long Island, and provides many benefits to the regional economy and local residents. In fact, Suffolk County has the highest agricultural sales of any county in New York State, and is home to about one-fifth of the State’s wineries.
New York State is a leading agricultural state with 36,300 farms that produced $4.7 billion in products in 2010. New York ranks among the largest producers in the nation for some products, including ranking second in wine production.
State Fiscal Year (SFY) 2023-24 was another productive year for the Office of Unclaimed Funds, returning $504 million to rightful owners.
New York’s Clean Energy Fund (CEF), established in 2016 to help New York reach its clean energy goals, has made good progress on reaching its goals for distributed solar capacity and leveraged funds, but is behind in meeting its energy efficiency targets for 2025, according to a report from New York State Comptroller Thomas P. DiNapoli. Since 2016, the CEF spent $3.4 billion through 2023 and has achieved 45% of its total efficiency goals.
New York State Comptroller Thomas P. DiNapoli, Oswego County District Attorney Anthony J. DiMartino, Jr., and the New York State Police today announced the indictment of former Hannibal Fire Chief Chris Emmons and his father Carl Emmons Sr., a volunteer firefighter, for allegedly stealing a total of nearly $14,500 from the fire company.
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
New York’s financial outlook is in a relatively stable position, but continues to have a structural budget deficit, with a cumulative three-year budget gap of $13.9 billion forecasted by the Division of the Budget. Action is needed to align projected state spending with revenues and address factors that challenge the state’s finances, economic competitiveness, and ability to offer services effectively over the long term.
New York’s financial outlook is in a relatively stable position, but continues to have a structural budget deficit, with a cumulative three-year budget gap of $13.9 billion forecasted by the Division of the Budget (DOB), according to a report by State Comptroller Thomas P. DiNapoli on the State Fiscal Year (SFY) 2024-25 Enacted Budget Financial Plan.