N.Y. State Comptroller DiNapoli: New York's March 31 Cash Standing Above Projections, But Faces Significant Shortfall in Weeks
April 16, 2020
April 16, 2020
ALBANY, New York, April 16 -- New York State Comptroller Thomas P. DiNapoli issued the following news release:
According to a report released by State Comptroller Thomas P. DiNapoli, New York closed out the state fiscal year on March 31 with cash-on-hand in the General Fund of $8.9 billion, or $2.4 billion above projections. The state will face cash flow challenges as soon as next month due to billions in state aid payments for health and education, delayed state tax revenues and ad . . .
According to a report released by State Comptroller Thomas P. DiNapoli, New York closed out the state fiscal year on March 31 with cash-on-hand in the General Fund of $8.9 billion, or $2.4 billion above projections. The state will face cash flow challenges as soon as next month due to billions in state aid payments for health and education, delayed state tax revenues and ad . . .