The Buffalo Chronicle
State Budget
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New York is $7.3 billion ahead of its tax forecast at midyear. Watchdogs are split on what to do with it
Comptroller DiNapoli reports state tax receipts ran $7.3 billion above projections through September, driven by Wall Street and business taxes, even as $31.7 billion in out-year budget gaps loom.
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Rec and restroom facility projects among fresh DASNY pork
A total of $87 million were steered to 174 new grants for local projects over the past ten months by the Dormitory Authority of the State of New York (DASNY), according to data the Empire…
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For now, Cuomo is still managing the State budget process
BY E.J. McMahon With less than a month to go before the April 1 start of New York State’s 2022 fiscal year, Governor Cuomo has been politically wounded by the allegations of…
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Seeking bigger federal handout, Cuomo proposes record budget
BY E.J. McMAHON Somewhere within that vast fog bank of a FY 2022 Executive Budget that Governor Cuomo began to roll out today is a structural budget gap, opened during the pandemic recession and…
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New Yorkers’ personal income growth rebounded a bit in 2019
BY E.J. McMAHON After a weak 2018, personal income growth matched or exceeded national averages in most parts of New York State in 2019, according to the latest estimates from the federal Commerce Department’s Bureau…
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New York has widened its lead in per-capita spending on Medicaid
BY BILL HAMMOND New York’s per-capita Medicaid spending soared to more than double the nationwide rate in 2018, widening its gap with the other 49 states. New York’s version of Medicaid, a…
