Sentences with phrase «york state fiscal year»

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The development most certainly means there will be no budget in place by the start of the state's fiscal year as the Legislature remains divided on the key issue of raising the age of criminal responsibility in New York 18.

New York's overall school property tax levy — or the amount raised locally for the state's 669 school districts — is proposed at approximately $ 21 billion this coming fiscal year, compared to $ 20.7 billion in the 2015 - 16 year.

The 2017 legislative session saw the first budget to be approved after the start of the state's fiscal year since 2010 and ended without an agreement on re-authorizing mayoral control of New York City schools.

Case in point: New York state, where Comptroller Thomas DiNapoli announced last week that the $ 178 billion state and local pension fund ended its fiscal year March 31 with a minuscule return on assets of 0.19 percent, well short of its 7 percent long - term target.

ALBANY, NY (04/04/2016)(readMedia)-- The New York Public Transit Association (NYPTA) is thanking Governor Andrew Cuomo, Senator Majority Leader John Flanagan, Speaker Carl Heastie and members of the Legislature today for their keen recognition of the needs of transit systems across New York in the adopted state budget for fiscal year 2016 - 2017.

Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public pension funds, including all five New York City funds and the New York State Teachers» Retirement System (NYSstate and local public pension funds, including all five New York City funds and the New York State Teachers» Retirement System (NYSState Teachers» Retirement System (NYSTRS).

Testimony of RuthAnne Visnauskas Commissioner / CEO of New York State Homes and Community Renewal Joint Budget Hearing of the Legislative Fiscal Committees on the Housing Budget for Fiscal Year 2018 - 19

Governor Andrew Cuomo's questionable plan for allocating $ 5.4 billion in windfall cash * has survived, almost intact, in the agreed - upon New York State budget for the 2016 fiscal year, which starts April 1.

Prior to last week's agreement, New York State was set to spend $ 1.2 billion on two other rebate programs this fiscal year.

Much the same can be said of the Common Retirement Fund, which feeds the New York State and Local Retirement System (NYSLRS), which ended its 2016 fiscal year on March 31 with essentially no gain at all.

Democrat Thomas DiNapoli (dee - NAP» - oh - lee) announced Thursday that the New York State Common Retirement Fund had an estimated value of $ 206.9 billion as of March 31, the end of the last fiscal year.

According to state Comptroller Thomas DiNapoli, almost 300 local governments in New York ended one of the last two fiscal years with a deficit, 100 lack enough cash to pay even three - quarters of their liabilities, and 27 have depleted their rainy - day reserves.

With New York's economic condition an election - year issue, Cuomo claims the state reversed its decline in the last four years through tough choices and fiscal discipline.

The gaps in the New York State budget, for the current year and the new fiscal year, are widening.

The new fiscal year began today for the State of New York, and for the first time under Governor Andrew Cuomo's leadership, the state budget will be State of New York, and for the first time under Governor Andrew Cuomo's leadership, the state budget will be state budget will be late.

New York State does not have a revenue problem, Adams said, pointing to data from the state's Division of the Budget showing that total state tax receipts are up $ 2.2 billion this fiscal year and will grow another $ 2.4 billion in 2008 - 09 without any change in our tax code or regulatory State does not have a revenue problem, Adams said, pointing to data from the state's Division of the Budget showing that total state tax receipts are up $ 2.2 billion this fiscal year and will grow another $ 2.4 billion in 2008 - 09 without any change in our tax code or regulatory state's Division of the Budget showing that total state tax receipts are up $ 2.2 billion this fiscal year and will grow another $ 2.4 billion in 2008 - 09 without any change in our tax code or regulatory state tax receipts are up $ 2.2 billion this fiscal year and will grow another $ 2.4 billion in 2008 - 09 without any change in our tax code or regulatory fees.

In reality, prior to the new spending, New York State faced out - year budget gaps that grow from $ 2.0 billion next year to $ 4.2 billion in fiscal year 2018 - 2019.4

Testimony of James S. Rubin Commissioner / CEO of New York State Homes and Community Renewal Joint Budget Hearing of the Legislative Fiscal Committees on the Housing Budget for Fiscal Year 2016 - 17

In the fiscal plan for the year ahead, state operating funds will grow by 2 %, which is within the rate of inflation and far below the alarmingly high 4.6 % rate of growth reflected in New York City's preliminary budget.

The New York State Association Of Counties released its to - do list of budget priorities for the coming fiscal year, with the local government officials backing a variety of measures aimed at easing the burden on municipal - level officials and taxpayers.

New York, obviously, faces a different situation today as the faltering economy has led to a $ 3.5 billion hole in the state budget for the coming 2012 - 13 fiscal year, which begins April 1.

Comptroller DiNapoli announced the findings of «The Prevalence and Cost of Asthma in New York,» a study which revealed that New York State spent $ 532 million in the last fiscal year on asthma - related Medicaid costs.

Frank Mauro, Executive Director of the Fiscal Policy Institute discussed the relevance to this year's Congressional elections of Senator Daniel P. Moynihan's annual reports on New York State and the Federal Fisc.

The Dream Act would allow immigrants in New York to contribute more fully to the state economy, boosting longterm state's $ 1.5 trillion GDP by at least $ 1.8 billion a year, and increasing state and local tax revenues in New York by $ 62 million, according to a report released today by the Fiscal Policy Institute that draws on analyses from the Center for American Progress and... (read more)

Last month, Cuomo launched a $ 20 billion, five - year plan to combat homelessness and advance the construction of affordable housing in New York State — supported by the release of $ 2.5 billion in capital funding delivered in the fiscal year 2018 budget, which he said will establish and preserve more than 110,000 units of affordable and 6,000 units of supportive housing over the next five years.

There is reason to be skeptical that New York will run a multi-billion dollar surpluses in the coming fiscal years, according to a preliminary report on the 2014 - 15 state budget released on Monday by Comptroller Tom DiNapoli's office.

New York's expected budget gap is growing larger — a more than $ 4 billion deficit heading into the next fiscal year now poses a challenge for Governor Andrew Cuomo and state lawmakers as they prepare to run for re-election.

The $ 1.3 billion repayment amounts to roughly 1.5 percent of the state's 2015 fiscal year operating budget and would offset the benefits of the massive cash settlements New York reached with major financial institutions, including BNP Paribas.

Cuomo called his idea to circumvent the new federal law the «New York State Taxpayer Protection Act,» and it would need approval of the state Legislature as part of the budget for the fiscal year that starts AprState Taxpayer Protection Act,» and it would need approval of the state Legislature as part of the budget for the fiscal year that starts Aprstate Legislature as part of the budget for the fiscal year that starts April 1.

Today, New York State is not facing the fiscal crisis it was six years ago and I support the repeal of the Gap Elimination Adjustment Law to return much - needed funding to schools.

Fiscal year ending 2012, the New York State Comptroller's Office ranked the Town of Haverstraw better than any other Town in Rockland County as to financial condition.

New York state Gov. Andrew Cuomo and state lawmakers reached an agreement on fiscal year 2017 - 18 budget on Friday, forging a path toward legalizing ride - hailing services such as Uber and Lyft to operate in upstate New York and Long Island.

But this year, business groups including the new coalition called the Committee to Save New York are airing statewide ads and a grass roots campaign is planned by the state Conservative Party, all to support Cuomo's fiscal plan.

When state lawmakers agreed to allow the companies to operate in upstate New York and on Long Island as part of the budget, they thought that they would pass the legislation by April 1, the start of the new fiscal year.

The baseline tax cap for municipalities with a Jan. 1 fiscal year in New York State has declined since it was imposed in 2012:

The New York legislature completed an almost on time budget, around 3 AM on the first day of the state's fiscal year.

Hereafter, the amount to be raised by tax on real estate in any fiscal year, in addition to providing for the interest on and the principal of all indebtedness, shall not exceed an amount equal to one per centum of the average full valuation of all of taxable real estate within the County, less the amount to be raised by tax on real estate in such year for the payment of the interest on and redemption of certificates or other evidence of indebtedness described in paragraphs A & D of section five of article eight of the constitution of the State of New York.

Gov. Andrew Cuomo's proposed state budget increases New York City's deficit for the upcoming fiscal year by an estimated 58 %, creating an «immediate $ 1.4 billion gap» on top of an already existing shortfall of $ 2.4 billion, City Comptroller John Liu plans to tell Albany lawmakers in testimony Monday.

State - level tax cuts could be a tall order, with New York already facing a multi-billion-dollar budget deficit in the coming fiscal year, which begins in April.

SYRACUSE, N.Y. — Mayor Stephanie Miner said she slashed $ 15.3 million in city operating costs last year and plans more savings this year, but the city may drown anyway in the coming fiscal storm unless New York state comes to its aid.

State comptroller Alan Hevesi — the guy whose job it is to audit other state agencies and ensure fiscal responsibility — announced Monday that he'll pay New York State $ 82,688.82 to cover the three - year period in which a state employee was assigned to chauffeur his wife, CState comptroller Alan Hevesi — the guy whose job it is to audit other state agencies and ensure fiscal responsibility — announced Monday that he'll pay New York State $ 82,688.82 to cover the three - year period in which a state employee was assigned to chauffeur his wife, Cstate agencies and ensure fiscal responsibility — announced Monday that he'll pay New York State $ 82,688.82 to cover the three - year period in which a state employee was assigned to chauffeur his wife, CState $ 82,688.82 to cover the three - year period in which a state employee was assigned to chauffeur his wife, Cstate employee was assigned to chauffeur his wife, Carol.

Ride - hailing services such as Uber and Lyft will soon be able to operate in Syracuse as New York state Gov. Andrew Cuomo and state lawmakers reached an agreement on a budget for the 2018 fiscal year on Friday.

«Given the unique structure of the bonds, the State will realize the savings it is due over the next three state fiscal years through the adjustment of sales tax receipts otherwise payable to New York City,» reads the language in the governor's budget proposal unveiled last State will realize the savings it is due over the next three state fiscal years through the adjustment of sales tax receipts otherwise payable to New York City,» reads the language in the governor's budget proposal unveiled last state fiscal years through the adjustment of sales tax receipts otherwise payable to New York City,» reads the language in the governor's budget proposal unveiled last week.

New York state Gov. Andrew Cuomo touted the Middle Class Recovery Act and reduced taxes as he visited Syracuse on Wednesday to announce highlights in the state's 2018 fiscal year budget for the central New York region.

Like the federal government, New York State does not operate on a January to December fiscal year.

E.J. McMahon: «Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public pension funds, including all five New York City funds and the New York State Teachers» Retirement System (NYSTRS).&rstate and local public pension funds, including all five New York City funds and the New York State Teachers» Retirement System (NYSTRS).&rState Teachers» Retirement System (NYSTRS).»

«Based on the feedback we have received from our local representatives and their interactions with the governor's office and the New York State Department of Health, we are still confident that funding will be allocated in the coming fiscal year.»

When the new state budget for fiscal year 2019 passed early Saturday morning in Albany, Governor Andrew Cuomo had successfully implemented several of his top policy priorities on issues like workplace sexual harassment, taxes, gun control, and public housing in New York City.

The September cash report from the state comptroller's office — an important indicator of New York's fiscal health at the halfway mark of the fiscal year — highlights growing budgetary worries for Governor Cuomo and (ultimately) the Legislature.

Governor Andrew Cuomo unveiled New York's fiscal year 2019 budget on Tuesday, at last offering insight into how the state will begin to fund dire upgrades to the ailing New York City subway system.