Comptroller Thomas DiNapoli wants to remind people hit hard by Superstorm Sandy that they may have money available in the state’s unclaimed funds account. The comptroller has released detailed data on the amount of unclaimed funds — money turned over to the state from inactive bank accounts, life insurance proceeds,... Read More →
Four out of five municipalities that responded to a new survey by the Workers’ Compensation Policy Institute said their workers’ compensation costs have increased in the last year. More than half of the 153 respondents said those expenses went up more than 5 percent, and 30 percent said they grew… Read More →
In a statement released Thursday, Karen Pecora, the president of CSEA Unit 9200, said county workers have been told by their department heads not to speak at public hearings on the proposed 2013 Westchester County budget. The directive came from County Executive Rob Astorino’s office, she said. “Some CSEA members… Read More →
Gov. Andrew Cuomo announced Thursday that insurance companies will have six days instead of 15 days to send adjusters to homes and businesses impacted by Superstorm Sandy, Gannett’s Haley Viccaro reports. Online report cards will also be created detailing insurance company’s performance following the storm, Cuomo said at a news… Read More →
Gov. Andrew Cuomo’s Division of the Budget today released its mid-year update to the 2012-13 state financial plan, which projects a balanced budget for the 2012-13 fiscal year, which ends March 31. However, the agency estimates a $982 million budget gap for the 2013-14 fiscal year, $3.59 billion in 2014-15 and… Read More →
Here’s a statement from the Westchester clerk’s office on its efforts to save tax dollars: WHITE PLAINS, NY – The award-winning Westchester County Clerk’s Office has achieved a financial milestone by cutting its proposed operating budget for the sixth straight year. The 2013 budget request calls for a total spending… Read More →
If this is your lucky day and you win the Powerball lottery, your initial celebration and excitement over having so much money to spend will be followed by a series of tough questions. Should I take the prize in a lump sum or receive annual payments? How can I find… Read More →
Gov. Andrew Cuomo raised some eyebrows earlier this week when he said Superstorm Sandy was “more impactful” in some ways than Hurricane Katrina, the deadly storm that ravaged the Gulf Coast in 2005. NOLA.com, the website for The Times-Picayune of New Orleans, isn’t so sure. In a piece posted last… Read More →
The Yonkers Industrial Development Agency today gave final approvals for a new hotel at the Cross County Center and redevelopment of a former downtown German-themed music hall that was built in 1891, according to Mayor Mike Spano. The IDA voted to provide a $266,220 mortgage-tax abatement and an estimated sales-tax exemption… Read More →
Westchester County Executive Rob Astorino has proposed spending $556.4 million on social services in the 2013 budget, $9.6 million less than this year. The tax levy of $266.6 million covers 48 percent of the department budget, with most of the rest coming from state and federal aid. Staffing in the… Read More →
