During a time of economic anxiety, a new state report released on Tuesday projects a multi-billion state budget gap, largely due projected declines in revenue from a weaker economy, stock market volatility and increases in spending. DiNapoli’s report found this year’s state budget has a projecte
State Comptroller Thomas DiNapoli is sounding the alarm on Albany’s rapidly deteriorating fiscal outlook citing a jaw-dropping $36 billion cash shortfall over the next 4 years.