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posticon NY Sends More Tax Dollars To Washington Than It Receives

Business | Friday, January 17, 2020 | By New York State Comptroller's Office Print
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New York paid $26.6 billion more in taxes to the federal government in federal fiscal year (FFY) 2018 than it got back in federal spending, ranking it last among the states, according to a report released today by State Comptroller Thomas P. DiNapoli.

"For every dollar New York generates in tax receipts it receives 90 cents back in federal spending, compared to the national average of $1.21," DiNapoli said. "We're already getting less from Washington than what we give, which makes the upcoming 2020 Census so critical. New York must do all it can to ensure a complete and accurate count of its residents to maximize our population count, which impacts our federal aid and representation in Congress."

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posticon $3.4M for State Workforce Development

Business | Friday, January 17, 2020 | By New York State Governor's Office Print
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61 New York State businesses, community colleges and community-based organizations will receive funding for workforce development totaling $3.4 million as part of the state's historic $175 million Workforce Development Initiative. Professional training is expected to provide 2,464 New Yorkers with in-demand skills. Grant funds are provided by the Department of Labor, New York State Energy Research and Development Authority (NYSERDA) and The State University of New York. Since launching in May 2019, nearly $6.5 million has been awarded through the Workforce Development Initiative.

"These awards will help ensure that thousands of workers across the state are not only prepared for the jobs of today, but are ready to take on the jobs of tomorrow," said Governor Andrew M. Cuomo. "New York's workforce must adapt to the rapidly changing, modern economy and the Workforce Development Initiative will give our workers the edge they need to stay competitive."

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