Six businesses in Westchester and Putnam counties have been awarded low-cost power through the ReCharge New York program in the second round of allocations, which took place this week. The program, run by the New York Power Authority, is designed to help attract and retain businesses and jobs in the… Read More →
To bring fairness to their property-tax systems, Scarsdale and Mamaroneck have embarked on revaluation of their municipalities’ real-estate. The efforts come 44 years after their properties were last valued on a townwide basis. Tax Watch accompanied a data collector in Scarsdale as he knocked on doors in the village’s Edgewood… Read More →
Eighty-one percent of school districts that responded to a New York Association of School Business Officials survey said they would exhaust or spend down their reserve fund balances within five years if the tax cap and limitations on state aid continue, the group said today. Thirty-one percent of respondents said they would… Read More →
Now that the Supreme Court has weighed in on the Affordable Care Act, it’s your turn. Do you agree with the court? Who benefits? We’ve posted those questions and more on LoHud.com. Cast your vote, comment and vote for the best comments from others. Above: Supporters of President Barack Obama’s… Read More →
Reactions, both pro and con, about the Supreme Court’s decision to largely uphold the Affordable Care Act have been pouring in. The law requires employers with at least 50 employees to provide coverage or face a penalty. John Huppertz, chairman of the Union College graduate MBA program in health care,... Read More →
YONKERS—The state comptroller’s office has rejected the city’s budget less than a week before the new fiscal year begins, citing concerns about fire department staffing and the school district’s use of fund balance. Mayor Mike Spano had proposed saving $6 million a year in fire department overtime costs by lowering… Read More →
U.S. District Court Judge Katherine Forrest issued a preliminary injunction this week against two New York City roll-your-own cigarette stores in a case brought by state Attorney General Eric Schneiderman and New York City. The judge said the plaintiffs had made a strong showing of a likelihood of success in proving the… Read More →
The IRS announced today that it is making headway against offshore tax evasion, taking in more than $5 billion in back taxes, interest and penalties from 33,000 taxpayers who participated in the first two voluntary disclosure programs. The agency launched a third such program in January, prompting 1,500 additional disclosures…. Read More →
Elected officials in Ramapo are taking 2 percent pay cuts, and several other positions will be eliminated through attrition, as the town looks to cover costs that Rockland County has passed down in an attempt to raise sorely needed revenue. The county, which has a budget deficit of about $90… Read More →
Two months after the April 17 filing deadline for tax returns, 99 percent of taxpayers eligible for refunds have received them, state Commissioner of Taxation and Finance Thomas Mattox announced today. By the filing deadline, more than a million refunds totaling $730 million had been sent out, a 29 percent… Read More →
