New York State Comptroller Tom DiNapoli encouraged vigilance over the state’s spending as it slowly emerges from the coronavirus pandemic, saying it must work toward sustainable spending as federal relief funds expire.
New York State Comptroller Tom DiNapoli encouraged vigilance over the state’s spending as it slowly emerges from the coronavirus pandemic, saying in a report released this week that it must work toward sustainable spending as federal relief expires.
Similarly, child care — an industry long beset with financial troubles and rampant closures that have left families in a lurch —received a pledge of $7 billion from the state over four years, more than half of which will go to New York City. DiNapoli’s report comes at a time of economic anxiety across the country, fostered by surging gas prices and skyrocketing rents in major cities including New York. To help states address this, multiple relief packages were rolled out by the federal government — but the one-time injections in spending have constraints.
“There is also a risk that pandemic recovery initiatives such as the ERAP and health care bonus payments, currently expected to be non-recurring, will be continued,” the report reads. Bonuses for healthcare workers, who have been drained by the demands of the pandemic, were enacted for the current fiscal year, and “as the pandemic continues to exert pressures on health care workers and facilities, there may be calls to reauthorize or continue the program,” the report reads.
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