MAYOR RELEASES PRELIMINARY FY24 BUDGET: New York City Mayor Eric Adams released on Jan. 12 the City’s balanced $102.7 billion Preliminary Budget for Fiscal Year 2024 (FY24). The budget reflects the mayor’s ongoing commitment to promoting an equitable recovery by making investments in affordable housing, keeping city streets clean, ensuring the safety of communities, and
Upon the one-year anniversary of mobile sports wagering in New York State, Governor Hochul announced the State has collected more than $709.2 million in taxes on such bets, a figure that leads the nation.
HOCHUL: NEW LAWS TO STRENGTHEN VET PROTECTIONS: On Veterans Day, Governor Hochul announced new laws to strengthen protections and support for veterans and their families. The Governor has signed eight pieces of legislation in appreciation of Veterans Day, underscoring the administration’s commitment to supporting American service members who have risked their lives to defend
Governor Hochul announced that since early January, when mobile sports wagering became available in New York, the State has collected $542 million in taxes through the week ending October 30, far surpassing every other state in the nation.