State Comptroller Thomas P. DiNapoli's Weekly News - NY Got More From D.C. Than It Gave Due to Federal Relief

 

NY Received More From D.C. Than It Sent Due to Federal Relief

Historic federal pandemic relief funds, though being spent down, continued to boost how much New York received from Washington, according to a report issued by State Comptroller DiNapoli. For every tax dollar paid to Washington, the State received $1.06 in return. This is the third year in a row that New York has had a positive balance of payments, after a long history of sending more to Washington than it received.

“The response to the dire economic conditions brought on by the pandemic boosted federal aid for New York and all other states,” DiNapoli said. “As this relief comes to an end, New York’s balance of payments with Washington may again turn negative as federal support returns to pre-pandemic levels. The federal budget is an effective way to produce more equitable outcomes for all Americans, and I hope this report contributes to a constructive dialogue towards that goal.”

Read More

State Contract and Payment Actions in February

In February, the Office of the State Comptroller approved 1,533 contracts for State agencies and public authorities valued at $4.8 billion and approved nearly 3.4 million payments worth nearly $12.7 billion. The office rejected 176 contracts and related transactions valued at $3.3 billion and more than 6,200 payments valued at more than $22.9 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at Open Book New York.

Read More

Municipal & School Audits 

• Village of Corinth
• Town of Glen
• Village of Hunter
• Town of LaGrange
• Newcomb Central School District
• Otsego County Soil and Water Conservation District 
• Putnam County Court and Trust
• Tioga County
• Washington-Saratoga-Warren-Hamilton-Essex Board of Cooperative Services
• Western Suffolk Board of Cooperative Educational Services
• Wyandanch Union Free School District

ALSO IN THE NEWS THIS WEEK

_{Note: Some news links may require a paid subscription.} 

• New York still reaping more money from feds than taxes paid — but for how much longer?
  
  
• Most city infrastructure projects are over budget, behind schedule, state comptroller says
  
  
• Short-Staffed New York Juvenile Facilities Place Detained Youth at Risk, State Investigation Finds

Post of the Week
Tom DiNapoli @NYSComptroller