News from the Comptroller
DiNapoli: State Tax Collections Up 25 Percent in April, Likely Temporary
Total state tax collections of $8.6 billion in April rose 25.2 percent compared to collections during the same period last year and were $85.9 million more than projections from the Enacted Budget Financial Plan, primarily due to the growth of Personal Income Tax (PIT), although this increase is most likely temporary in nature, according to the April Cash Report released by State Comptroller Thomas P. DiNapoli. More...
DiNapoli: Poughkeepsie Facing Severe Fiscal Stress
Inaccurate budgeting has created an $11 million general fund deficit in the city of Poughkeepsie, according to an audit issued by State Comptroller Thomas P. DiNapoli. The report also found the city’s debt burden has increased 45 percent over the past five years. More...
DiNapoli Releases Report on Proposed NYS DREAM Act
New York State Comptroller Thomas P. DiNapoli released a report today estimating the cost and economic benefits of the proposed New York State Development Relief and Education for Alien Minors (NYS DREAM) Act, which would increase access to financial aid for undocumented college students. More...
More News...
Featured Video
Wall Street Bonuses Up in 2012
The 2012 bonus pool grew by 8%, to $20 billion, over last year yet the industry has seen a net loss of almost 20,000 jobs since the start of the financial crisis in 2008. It’s further indication of a financial industry still in transition. More…