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Entries from Gothamist tagged with 'dinapoli'

April 26, 2008

The New York State Legislature finally passed a budget two weeks ago, which it balanced by taking on extra debt without the approval of voters to fund a 6% increase in spending as revenues continue to shrink. State Comptroller Thomas DiNapoli says New York is heading for trouble, especially since revenue projections are so uncertain and vulnerable to further economic downturn. The $121.7 billion budget grew 6% despite entreaties from Gov. Paterson to actually cut......

Continue Reading "State Budget Balanced, But Ready to Tip Into Real Trouble"

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