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Saugerties only village in NY under 'significant fiscal stress,' comptroller's report says, but mayor challenges designation – Daily Freeman

SAUGERTIES, N.Y. The village of Saugerties is the only village in the state to receive a “significant fiscal stress” designation, according to a report by released Wednesday by the state Comptroller’s Office. But Saugerties Mayor Bill Murphy challenged the score. According to state Comptroller Thomas DiNapoli’s office. Saugerties received a score of 85 for […] ....

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As Budget Grows, New York Comptroller Urges Lawmakers To Set Aside Money


State Comptroller Tom DiNapoli Credit: DiNapoli’s Office
The state received $12 billion from federal relief. Lawmakers also have increased corporate and personal income taxes on wealthy New Yorkers.
State Comptroller Thomas DiNapoli said in a new report that he is concerned lawmakers will take advantage of the money and spend at an unsustainable level.
DiNapoli said he believes there is a missed opportunity to set aside the new revenues to make sure the state is in a good position in case of an emergency, such as another lockdown.
The state spent over $175 billion last year during the pandemic.
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