Investigators involved in the probe that led to the raid of Ramapo Town Hall this week are reviewing documents to determine whether Supervisor Christopher St. Lawrence overstated assets, such as incoming revenue, for the bonds and refinancing of a $25 million bond for the construction of the Rockland Boulders baseball… Read More →
Besides being the target of an investigation, Moody’s Investor Service has given Ramapo a negative outlook as the town prepares to sell $39.2 million in serial bonds for public improvement projects, The Journal News/lohud.com reports today. Moody’s issued an A1 rating —the fifth-highest rating—and negative outlook for Ramapo yesterday. Analysts… Read More →
With school budget votes and trustee elections coming on May 21, taxpayers have a lot to consider over the next few days. Whether you plan to vote yes or no, what are the biggest issues you’re weighing in your decision? You can choose more than one answer. What will affect… Read More →
Journal News reporters are on the scene at Ramapo Town Hall, where FBI agents and investigators from the Rockland District Attorney’s Office have entered the building and ordered all employees to leave. Agents arrived shortly before 4 p.m., according to a town employee. Supervisor Christopher St. Lawrence (pictured in file… Read More →
As of June 1, New York will exempt from sales and use taxes the retail sale and installation of commercial solar energy systems equipment. That means no 4 percent state sales tax and the 0.375 percent use tax rate in the Metropolitan Commuter Transportation District (New York City, Long Island… 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 →
When it comes to effective property-tax rates—the amount of taxes divided by a home’s value—western New York property owners pay more than any other area of the state, according to data released today by the Empire Center for New York State Policy. The data shows that the highest effective property-tax… Read More →
Rockland County has arrested 14 people on felony charges of social services fraud, alleging they stole $229,000 in subsidized child care tax credit funds, authorities said today, The Journal News/lohud.com reports. The people who were arrested range in age from 25 to 42. They are accused of falsifying records with… Read More →
Rockland County’s budget this year has “unreasonable revenue and spending projections that could increase the county’s deficit,” state Comptroller Thomas DiNapoli warned in a budget review. The county’s deficit is about $96 million and could increase to $110 million or more, according to the comptroller. The comptroller said the county may be “too optimistic”... Read More →
Rockland lawmakers voted 11-6 yesterday to create a local development corporation to sell the financially strapped Summit Park Nursing Care Center, The Journal News/lohud.com reports today. Proceeds from the sale would be used to reduce the county’s $96.4 million budget deficit or cover the cost of operations if revenues fall significantly… Read More →
