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Comptroller projects a $197.7M budget deficit for Connecticut

“Ultimately, Connecticut’s overall budget results are largely dependent upon the performance of the national and state economies,” the comptroller said.

State-led credit finance fund announced for New York business

A $200 million investment has helped create the New York Credit Small Business Investment Company Fund, which will deliver returns to the state pension fund.

State ledgers fill with black ink

In October 2007, the nation’s cars averaged 20.1 miles per gallon; the August figure was 24.9 mpg.

Audit cites problems; Poughkeepsie mayor responds

Poughkeepsie's Tkazyik and state comptroller differ over red ink.

Bridge contract gets official clearance

A design-build consortium’s $3.1 billion contract to replace the Tappan Zee Bridge was approved by the state attorney general and comptroller.

Conn. creates transparent budget website

Connecticut has increased its efforts to remain transparent in its finances by launching a new website that centralizes all of the state's financial data.

Report: Municipalities struggling to meet fiscal demands

State Comptroller Thomas DiNapoli recently released his annual report on local governments and expressed concern about New York’s municipalities ability to meet their respective fiscal challenges.

Business wary of future budget shortfall, analyst says

The state’s projected budget deficit is continuing to grow as more Medicaid spending data becomes available.

DiNapoli proposes system to warn localities of fiscal strains

Comptroller Thomas DiNapoli announced plans to implement an early warning monitoring system to assist struggling municipalities and school districts.

IDAs get low grade from state comptroller

Economic development officials said an annual performance report contradicts the state comptroller’s claim that IDAs give too much in tax breaks to companies that create too few jobs.

Budgetary sleight of hand

In the 1960s, the rallying cry was “Power to the people.” In 2012 Albany, power seems to be slipping away from the people, specifically the state Legislature...