Office of the New York State Comptroller DiNapoli Highlights the Benefits of NY ABLE

 

Comptroller DiNapoli Highlights

the Benefits of NY ABLE

As State Comptroller, I am proud to administer New York’s ABLE program, which helps eligible New Yorkers with disabilities save without impacting Social Security, Medicaid or other government benefits. Funds saved in a NY ABLE account can help cover qualified disability-related expenses, such as education, housing, transportation and much more. In addition, with a NY ABLE account, you get the flexibility to decide how and how much you’d like to contribute.

NY ABLE may be able to help you or a loved one achieve more independence, greater financial security and a better quality of life. Find out about the NY ABLE Savings Program, including tax benefits and other considerations.

Learn More

Tax Cap Remains at 2% for 2025

Property tax levy growth will be capped at 2% for 2025 for local governments that operate on a calendar-based fiscal year, according to data released by State Comptroller DiNapoli. This figure affects tax cap calculations for all counties, towns, and fire districts, as well as 44 cities and 13 villages.

Read More

State Contract and Payment Actions in May

In May, the Office of the State Comptroller approved 2,216 contracts for State agencies and public authorities valued at $193.9 billion and approved more than 2 million payments worth nearly $15.6 billion. The office rejected 288 contracts and related transactions valued at $517.9 million and more than 1,700 payments valued at nearly $9.1 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

• City of Little Falls
• Scio Central School District
• Village of Dolgeville

Audits

• Department of Health – Medicaid Program – Improper Payments for Brand Name Drugs
• Homes and Community Renewal – Division of Housing and Community Renewal – Physical and Financial Conditions at Selected Mitchell-Lama Developments Located Outside New York City – Sunnyside Manor: Unauthorized Bank Account
• State Education Department (Preschool Special Education Audit Initiative) – UCP of Niagara County dba Empower – Compliance with the Reimbursable Cost Manual
• Department of Labor – Controls and Management of the Unemployment Insurance System
• Department of Health – Medicaid Program – Managed Care Payments to Unenrolled Providers

ALSO IN THE NEWS THIS WEEK

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

• Tourism in New York is higher than before the pandemic

• NY Tax Cap to Remain at 2% For 2025

• NY comptroller’s office says Candor mayor, arrested for stealing, made 77 withdrawals from village fund over 5 years

• DOT to begin reducing speed limits near schools, safe streets, open streets

Post of the Week
Tom DiNapoli @NYSComptroller