Passage of the proposed New York State Development Relief and Education for Alien Minors Act—the NYS DREAM Act—would cost the state about $20 million more a year in TAP aid, according to a new report from state Comptroller Thomas DiNapoli. The legislation would extend eligibility for New York’s Tuition Assistance… Read More →
The state Department of Taxation and Finance lacked adequate controls over sting operations, in one case resulting in the loss of and failure to account for about $160,000 in cash proceeds in an operation in Westchester County, according to a new report from New York Inspector General Catherine Leahy Scott…. Read More →
While half of voters who participated in a Siena College poll said they agree with Gov. Andrew Cuomo that state government is working again, two-thirds said they think government is becoming more dysfunctional each day due to corruption scandals. Eighty-eight percent of participants said they believe more legislative arrests are… Read More →
Effective this morning, disgraced Assemblyman Vito Lopez, D-Brooklyn, is resigning from office, according to a letter released by Assembly Speaker Sheldon Silver, D-Manhattan. The Staten Island District Attorney’s Office and the state Joint Commission on Public Ethics issued reports last Wednesday that were critical of Lopez’ conduct with women staffers…. Read More →
New York will spend $90 million in NY Works funding on nearly 90 construction projects to upgrade and repair more than 50 state parks and historic sites, Gov. Andrew Cuomo announced today. That includes $13.18 million in the Hudson Valley. The state budget includes the money to begin construction on… Read More →
Local residents can find out in person in the next few months if any of the $12 billion in unclaimed funds state Comptroller Thomas DiNapoli’s is holding belongs to them. The office has $196 million in funds that belong to Westchester County residents. Unclaimed funds are money or the rights… Read More →
Gov. Andrew Cuomo released a proposal today to create a Financial Restructuring Board to help distressed local governments manage their finances. The board would include the state budget director, secretary of state, attorney general, comptroller and a private-sector restructuring professional. Local governments that met the standards as fiscally distressed would… Read More →
E.J. McMahon of the fiscally conservative Empire Center for New York State Policy, takes issue in a blog post today with some of state Comptroller Thomas DiNapoli’s comments yesterday about the pension fund’s performance. DiNapoli, sole trustee of the New York State Common Retirement Fund, said yesterday that it earned… Read More →
Rockland and Westchester are among 17 counties statewide where the state will use U.S. Department of Housing and Urban Development funds to cover the 25 percent local match requirement of property buyout costs associated with tropical storms Irene and Lee in August and September 2011, Gov. Andrew Cuomo announced today…. Read More →
The $160.4 billion state pension fund earned an estimated 10.38 percent rate of return on investments for the fiscal year that ended March 31, according to New York Comptroller Thomas DiNapoli. The New York State and Local Retirement System provides benefits to more than a million state and local government… Read More →
