The Buffalo Chronicle
Thomas DiNapoli
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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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DiNapoli is being urged to acquire Niagara Falls Redevelopment, LLC
Urban planners and economic development experts are urging Comptroller Thomas DiNapoli to invest in Niagara Falls by acquiring Niagara Falls Redevelopment, LLC, which controls more than 140 acres of prime real estate in…
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State tax receipts strong again in November, but jobs recovery remains slow
BY E.J. McMAHON New York State’s tax receipts in November were a whopping $800 million above Governor Andrew Cuomo’s projections for the month—further evidence that the current-year budget gap is probably much…
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State pension fund lost money in 2020, pointing to higher costs ahead
BY E.J. McMAHON New York State’s biggest public pension fund lost money on its investments during the fiscal year that ended March 31—a completely unsurprising result, given the coronavirus crisis and its…
