Namecheap.com - Cheap domain name registration, renewal and transfers - Free SSL Certificates - Web Hosting  

New York's Cash Position Is Strong

Sep262014

New York's Cash Position Is Strong

 

nys120State tax collections through the first five months of the state fiscal year were $26.9 billion,  $119.3 million higher than projected in the latest Financial Plan update but 1.3 percent less than the same period last year, according to the August cash report released today by New York State Comptroller Thomas P. DiNapoli . DiNapoli also noted that state coffers have been bolstered by nearly $3.5 billion from financial settlements since the budget was enacted, approximately $3.2 billion more than initially anticipated.

“The current state fiscal year is nearly half over, and the state’s cash position is strong,” DiNapoli said. “Settlements have already brought the state more than $3 billion , and more is on the way. The level of tax receipts is important for purposes of ongoing budget balance, and we are seeing positive numbers there as well.”

Read more...

Follow us on Facebook!Click Here for Our RSS News FeedsClick Here for Our RSS News Feedsemailicon34
Don't Miss an Issue!
Get a reminder every Friday when a new issue of the Lansing Star is published.
Your Email Address:

We're Family Rated


ssurf.gifssurf.gif

Lansing Trivia

The Lansing Bobcats were named in the 1950s when Linda Philip, now Linda Strauf who owns Linda's Diner, won a contest to rename the Lansing Trojans

Advertise in the Star