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 FOR RELEASE:

Immediately
July 8, 2009

 

Statement From State Comptroller Thomas P. DiNapoli

Today, I met with New York City Mayor Michael Bloomberg about the impasse in the State Senate.

The Mayor confirmed what most New Yorkers know. The situation in the Capital is costing the city millions a day. The missed June 30 deadline for the city’s sales tax authorization has resulted in a projected $60 million loss in city revenues already for the month of July. And the continued paralysis in the Senate is impacting the City’s ability to sell its bonds and build new classrooms. Counties and municipalities all across the state are facing similar situations.

But the impact of this impasse goes beyond the immediate fiscal ramifications. Every hour that ticks by without a resolution causes significant and potentially lasting damage to New York City’s budget plan.

Today, the paychecks for all 62 State Senators were withheld. My office is continuing to hold Senate vouchers and per diem payments. This decision was not taken lightly.

I have filed suit in Supreme Court in an attempt to clarify my authority regarding this issue. Our motion for a preliminary injunction will be heard this Friday morning (July 10).

As the state’s chief fiscal officer, and in the interest of New York taxpayers, I urge the Senate to resolve their differences now so it can act on legislation that municipalities are counting on to balance their budgets.


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