The Wrap Up – April 24, 2020
COVID-19 Economic Impact Analysis Governor Cuomo announced today that he expects New York State revenues in the current fiscal year to be $13.3 billion below the initial Executive Budget forecast. Over the financial plan period of FY 2021 to FY 2024, the projected deficit is $61 billion. The Governor stated that these shortfalls completely are due to the COVID-19 pandemic and the resulting economic downturn. Facilitating Absentee Voting The Governor will be issuing a new Executive Order guaranteeing that every New [...]