COVID-19 Can Be A Catalyst For Change In New York State
The COVID-19 pandemic has forever changed our lives. I know this is an obvious statement. But it has also dramatically changed the public finances of government in New York State. In addition to the unprecedented amount of money and resources that are being expended to combat this virus and manage the impact, it also means that revenues that the state receives, through taxes and fees, will also be negatively impacted in a very dramatic way. The governor has stated that we will have to revisit the budget and make adjustments as the fiscal year progresses, depending on how revenues are ...