New York State Comptroller DiNapoli Statement on MTA Finances
New York State Comptroller Thomas P. DiNapoli issued the following statement on the Metropolitan Transportation Authority’s (MTA) July Financial Plan released today:
Admin
DiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
State tax receipts totaled $27.6 billion through the first quarter of State Fiscal Year (SFY) 2023-24, $450.8 million higher than estimates released in the Division of the Budget’s (DOB) Enacted Budget Financial Plan. However, collections were $6.8 billion lower than last year through the quarter ending in June 2022, according to the monthly State Cash Report released by New York State Comptroller Thomas P. DiNapoli.
State Comptroller DiNapoli Releases Municipal & School Audits
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
DiNapoli: Tax Cap Set at 2% in 2024
Property tax levy growth will be capped at 2% for 2024 for local governments that operate on a calendar-based fiscal year, according to data released today by State Comptroller Thomas P. DiNapoli. This figure affects tax cap calculations for all counties, towns and fire districts, as well as 44 cities and 13 villages.
DiNapoli: Woman Pleads Guilty to Theft and Must Pay Back $459K in NYS Pension and Social Security Payments
State Comptroller Thomas P. DiNapoli, United States Attorney for the Northern District of Georgia Ryan K. Buchanan and Inspector General for the Social Security Administration Gail S. Ennis today announced that Sandra Smith, a resident of Georgia, has pleaded guilty to the federal crime of theft of government funds and must pay back $459,050 in New York state pension and Social Security payments that were issued to her deceased mother-in-law.
Legal Opinions
Progress Report on Climate Action Plan, July 2023
The Climate Action Plan Progress Report for the New York State Common Retirement Fund highlights the Fund’s recent efforts to address climate risks and opportunities.
DiNapoli: State Pension Fund Releases Annual Investment Return
New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the state fiscal year that ended March 31, 2023. The Fund closed the year valued at $248.5 billion.
New Federal Dollars for Broadband Deployment
New York will receive nearly $665 million as part of recent federal investments to improve broadband data, affordability, access and availability. New federal funds present an opportunity for the State to improve the availability of reliable, high-speed service to unserved and underserved areas, and the State must now craft a plan that is ambitious, actionable and accountable for meeting this objective.