Local

DiNapoli warns of fiscal troubles for NY

New York state Comptroller Thomas DiNapoli is sending an early warning that state government’s long-term finances rely on one-shot revenue raisers and some temporary tax increases and that the 2014 election year budget will appear better because of some sleight of hand.

Tuesday’s fiscal year report shows the state’s short-term outlook has clearly improved under Gov. Andrew Cuomo and the Legislature.

But DiNapoli warns projected $2 billion deficits in coming years could balloon to $6 billion.

He says the election year budget will appear better because of some 2014 payments made this year.

Cuomo budget spokesman Morris Peters says the governor has eliminated billions of dollars in deficits he inherited and the state is on “solid footing” as a result of his reforms.

Copyright 2013 The Associated Press.

More Local Headlines

in Local

Mesko sentenced to state prison time

gavel_court

The former Cornell student allegedly entered a woman's bedroom and sexually assaulted her in March 2013.

in Local

Man caught with drugs arrested again for attacking officers

crime2

The Tompkins County Sheriff's Department reports Roshane Henry assaulted three corrections officers while in the county jail.

in Local

Southern Tier lawmaker: Punish Cornell assistant dean, open federal investigation into school

cornell seal

Southern Tier Assemblyman Chris Friend called for investigation into school, possible elimination of $156 million in funding for university

in Local

Report: 1 in 4 New Yorkers don’t have access to minimal Internet speeds

internet

Reports finds Finger Lakes, Mohawk Valley trailing in providing minimal broadband Internet service speeds

in Local

U.S. defense chief to visit northern New York next week

Local_News41-620x400

Defense Secretary Ash Carter will visit Fort Drum to discuss possible troop reductions there