• A small item, tucked away on pages 175 and 179 of the recently passed Budget Implementation Act (BIMP), provides an interesting win for public transportation systems across the state and creates a new kind of bypass to Comptroller management of state payments. The language directs the Treasurer to direct deposit funds into the Downstate Public Transportation Fund and the Public Transportation Fund “as the revenues are realized from the taxes indicated” rather than follow the normal procedure of directing funds from the General Revenue Fund (GRF), which is managed by the Comptroller.
To Read More Please Login or Join

Showing 1 reaction

Comment here

Or sign in with email

    To comment on our website please login or join

    Please check your e-mail for a link to activate your account.