State Budget Lacks Transparency

State Budget Lacks Transparency

By Kathy Kahn Atย 11:45p.m.ย on March 31, Albany lawmakers passed Gov. Andrew Cuomoโ€™s $168.3 Billion NYS Budget for fiscal year 2018-2019, but no mention of how to address the $4 billion deficit the state faces were included.ย ย It is the fourth consecutive year the budget was passed โ€œon time.โ€ Among the positives: A uniform policy on sexual […]

Upstate New York sees spike in sales tax revenue; Rockland has modest increase

Upstate New York sees spike in sales tax revenue; Rockland has modest increase

New York State Comptroller Thomas DiNapoli announced this week that overall local sales tax collections for calendarย year 2017.ย Rockland County’s sales tax revenue increased 2 percent from $205 to $209 million.ย  Sales tax totaled $16.6 billion across New York State, an increase of $620 million, or 3.9 percent overย the previous year,ย marking theย highest year-over-year growth statewide sinceย 2013.ย New […]

Using state authorities to fund unrelated debt must end, says NYS Comptroller

Using state authorities to fund unrelated debt must end, says NYS Comptroller

By Kathy Kahn During the Roaring 20s, New York created its first public authorityโ€”The Port Authority of New York. Since then, that bloated agency has been joined by over 600 โ€œauthoritiesโ€ โ€“ a swamp where funding allocated to a specific authority often ends up underwriting unrelated state projects outside its purview. Withย New Yorkโ€™s state-funded debt […]

State Comptroller says Rockland still faces fiscal stress, particularly in Town of Ramapo

State Comptroller says Rockland still faces fiscal stress, particularly in Town of Ramapo

By Kathy Kahn NYS Comptroller Tom DiNapoli, guest speaker at the Rockland Business Assn. May 18 luncheon, praised its Mid-Hudson Regional Economic Development Councilโ€™s two members, President of Rockland Community College, Dr. Cliff Wood (retiring June 30) and RBA President/CEO, Al Samuels. With credited courses and apprenticeships/internships geared toward creating a viable education/employment program, theirs […]