New York's comptroller says state government is in better fiscal shape than it has been for years but could face future budget gaps, depending on unspecified savings and projected tax collection increases.
Comptroller Thomas DiNapoli reviewed the Cuomo administration's proposed $137.2 billion budget for the fiscal year starting April 1. He says Monday that Gov. Andrew Cuomo and the Legislature deserve credit for closing structural budget gaps that plagued the state for years.
New York state Comptroller Thomas DiNapoli is wielding the power of the state's $160 billion pension fund to urge President Barack Obama to order federal agencies in every state to recognize gay marriages performed in New York.
It could be a big push in DiNapoli's effort to get major companies that do business with the fund to adopt anti-discrimination measures in providing benefits for gay couples.
NEW PALTZ – State Comptroller Thomas DiNapoli kicked off a Local Government Leadership Conference at SUNY New Paltz on Wednesday. He told local officials that the State’s economic indicators are certainly more positive than they were two years ago, but when broken down to individual localities there are still significant challenges to face.
DiNapoli released the Fiscal Stress Monitoring System on Tuesday not to point fingers, but to inform the public so they can be more involved in addressing any issues within their locality.
New York state Comptroller Thomas DiNapoli will talk about the intense fiscal pressures many local governments are enduring.
DiNapoli is delivering the keynote address Monday at a symposium in Albany on the fiscal problems facing local governments. The event is hosted by the Nelson A. Rockefeller Institute of Government.
DiNapoli has advocated an early warning monitoring system that would identify municipalities and school districts experiencing budgetary strain. The comptroller says that would allow corrective actions to be taken before crises develop.
ALBANY – Saying “financial issues persist,” State Comptroller Thomas DiNapoli said Wednesday that his office will conduct a full financial audit of the Olympic Regional Development Authority, especially in light of the agency taking over the Catskills-based Belleayre Mountain Ski Center.
DiNapoli said his office will examine selected financial management practices related to payroll, procurement and other areas.