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According to a report today by New York State Comptroller Thomas DiNapoli, the state's tax receipts in May were down $766.9 million or 19.7%...
At the same time, however, the Mid-Hudson region showed the least severe decline of 21.5%.
Mayor Richard Thomas pleaded guilty to third-degree attempted grand larceny and second-degree offering a false instrument for filing. Both are misdemeanors.
The outcome was the first time the New York False Claims Act has led to a criminal conviction and restitution for victims, according to the whistleblower’s law firm, Getnick & Getnick.
James and Jeffrey Spina “routinely showed little, if any, regard for which medical services or treatments were medically necessary," according to the federal indictment.
This was the highest half-year increase since 2010 and the fourth consecutive period of strengthening local sales tax collections.
The comptroller’s office set up a searchable online database to assist residents in claiming those funds.
The securities industry paid $13.5 billion to New York State in the past fiscal year, contributing 18 percent of state tax revenues.
Three municipalities in the Hudson Valley are under significant financial stress, according to data and analysis released by the state comptroller’s office.
New York state public employees are on pace to set new records for overtime costs and overtime hours this year.
New York State Comptroller Thomas P. DiNapoli will be the featured speaker at a Community Housing Innovations breakfast Monday in Tarrytown.
State Comptroller Thomas DiNapoli announced last week that his office has halted $21.2 million in questionable tax refunds after finding 6,353 improper filings.
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.
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