Federal lawmakers from New York are showing their support for a piece of legislation that aims to jumpstart development and cleanup efforts on contaminated land.
Recently, Democrats U.S. Senator Kirsten Gillbrand and Congressman Paul Tonko met with local leaders in Albany’s Sheridan Hollow neighborhood to announce their support for the Brownfields Utilization, Investment, and Local Development – or BUILD – Act.
A New York official says a public utility that's supposed to provide low-cost electricity for residents is spending money on planes, pilots and six-figure salaries.
New Yorkers pay some of the highest electric rates in the country. State Comptroller Thomas DiNapoli says the New York Power Authority could provide more rate relief "if it appropriately focused its resources."
The City of Detroit’s declaration of bankruptcy has left some in New York wondering whether any upstate cities will be next. State officials say they are trying to help with financial planning guidance, but local governments say more needs to be done.
State Comptroller Tom DiNapoli has created a fiscal stress monitoring system that measures the financial health of New York’s local governments. A preliminary report found two dozen cities, counties and villages are moderately to severely fiscally stressed. DiNapoli say he hopes they can avoid the fate of Detroit.
New York State Comptroller Thomas DiNapoli is out with his first set of municipal fiscal stress scores based on his office’s new Fiscal Stress Monitoring System. The numbers were revealed during a teleconference today.
Hundreds gathered at the State Capitol to rally for public financing of political campaigns. The measure remains in limbo in the State Senate and Governor Cuomo faces questions on whether he’s working hard enough for the proposal to pass.
They came in busses from all over New York to give state lawmakers their message- big money is corrupting politics. They say the state should adopt New York City’s public campaign finance system, which allows candidates to match every dollar they collect in small donations with seven dollars of government funds.
The city of Poughkeepsie is facing an $11 million deficit in its general fund brought on, according to New York State Comptroller Thomas DiNapoli, by unrealistic budgeting by city officials—including overestimating revenues. DiNapoli, in a new audit, says Poughkeepsie’s debt burden has gone up 45 percent over the past five years as its financial condition deteriorates.
Industrial development agencies across New York granted $1.5 billion in tax breaks to companies that promised to expand, and create new jobs, in 2011. In a new audit, state comptroller Thomas DiNapoli says the IDA’s, which operate at the local and country level, have improved their overall performance but some say there are still reasons to be concerned.