DiNAPOLI: STATE TAX COLLECTIONS LAGGING LAST YEAR BY $1.2 BILLION

DiNAPOLI: STATE TAX COLLECTIONS LAGGING LAST YEAR BY $1.2 BILLION

State tax collections totaled $18.6 billion in the first quarter of the new fiscal year, $1.2 billion less than the same period last year and $315.7 million below projections, according to the state cash report issued Tuesday by State Comptroller Thomas P. DiNapoli. “We’re three months into New York’s fiscal year and personal income tax collections are […]

DiNapoli: State Overtime Costs on the Rise

Overtime Costs Represent 3.6 Percent of State Payroll in 2012 From Comptroller’s Office Overtime earnings at state agencies rose nearly 11 percent in 2012 to $529 million, escalating a trend that began in 2009, according to a report released by New York State Comptroller Thomas P. DiNapoli. “State agencies spent nearly $52 million more on […]

DiNAPOLI FINALIZES FISCAL MONITORING SYSTEM

Comptroller to classify financial condition of local governments PRESS RELEASE State Comptroller Thomas P. DiNapoli announced Monday his office has finalized plans to implement a statewide fiscal monitoring system that would publicly identify local governments experiencing financial strain. DiNapoli’s office drafted the ‘early warning’ monitoring system last September and shared details of the proposal with […]

DiNAPOLI UNCOVERS GRAFT IN STATE OFFICE FOR TECHNOLOGY

Press Release from State Comptroller’s Office State Office for Technology (OFT) officials ignored state finance law and procurement guidelines in awarding business to favored companies, and in some cases did so for personal gain, according to an audit released Tuesday by New York State Comptroller Thomas P. DiNapoli. The actions of OFT officials cost taxpayers […]