New York's state and local governments will soon pay less in pension costs. State Comptroller Thomas DiNapoli announced his office intends to reduce government contribution rates toward New York's $268 billion main pension fund, which covers … [Read more...]
State Audit Finds Dunkirk Missed Out on Revenues, Fees For Delinquent Water, Sewer, Tipping Fee Balances
The State Comptroller's Office says the City of Dunkirk Treasurer and Common Council missed out on revenues and fees by not properly enforcing or monitoring delinquent water, sewer and tipping fee balances. The audit released by Comptroller Tom … [Read more...]
Comptroller: State Tax Revenue Down $3 Billion Through Seven Months of Fiscal Year
ALBANY - Overall state tax revenues through October totaled $43.8 billion, $3 billion lower than the same period in the previous fiscal year, according to the monthly State Cash Report released today by New York State Comptroller Thomas P. … [Read more...]
Chautauqua County IDA Had Poor Rate of Return on Net Jobs Gained in 2018
ALBANY - A recent report by the New York State Comptrollers Office shows the Chautauqua County Industrial Development Agency (CCIDA) ranked among the top counties in the state in 2018 when it came to operating expenses, as well as net tax exemptions … [Read more...]
DiNapoli: Sales Tax Collections for April Down Nearly 25%
ALBANY - Local sales tax collections dropped 24.4 percent in April compared to April 2019, leaving many of New York’s local governments grappling with shortfalls. That's according to State Comptroller Thomas DiNapoli, who sent out a media release … [Read more...]
State Comptroller says COVID-19 will Cause Multi-year Hit to State Finances
ALBANY - The novel coronavirus pandemic has caused extraordinary economic challenges in New York with impacts on public health, jobs, the economy and state finances. As a result, New York Comptroller Thomas DiNapoli says the recently enacted state … [Read more...]
State Legislature Approves Budget that Contains Numerous Reforms, Keeps Education Funding Flat
ALBANY - State lawmakers have passed a budget for the new fiscal year on Thursday. Under the budget, all funds spending is estimated to total approximately $177 billion and state operating spending is authorized up to $105.8 billion. However in … [Read more...]
Latest news from the Times Union Capitol Bureau State comptroller reports largest one-year property tax jump since 2014
ALBANY - Local governments in New York levied a total of $36.6 billion in property taxes in 2019 – an increase of 2.4 percent over 2018, according to a report released Tuesday by State Comptroller Tom DiNapoli. The report shows that annual … [Read more...]
Jamestown is Only Municipality in NYS to Be at 100 Percent of Constitutional Tax Limit
ALBANY (August 20, 2019) - The number of cities, counties and villages in New York that are close to reaching their Constitutional Tax Limit (CTL) has more than doubled since 2012, according to a report released today by State Comptroller Thomas P. … [Read more...]
State Mental Health Facilities Need to do a Better Job Communicating with Family Members About Abuse, Neglect
ALBANY - New York’s mental health facilities are not ensuring parents and guardians are properly notified of incidents of abuse and neglect, according to an audit by State Comptroller Thomas DiNapoli. In May 2007, the state legislature enacted … [Read more...]
