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posticon Fab5 Winners to be Honored

Business | Friday, February 21, 2020 | By Madalene Ulrich Print
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Tompkins Connect, in collaboration with Tompkins Trust Company, Tompkins Chamber and the United Way of Tompkins County, announced the winners Thursday of the Fifth Annual Fab5 Young Professional Awards. These awards aim to highlight and celebrate the achievements of young professionals, aged 21 to 40, who are excelling in their respective fields and making an impact in Tompkins County.

This year featured a special judging panel that consisted of past Fab5 Award winners. After receiving more than 40 nominations, the judges were tasked with selecting the winners for each category.

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posticon Comptroller Concerned About $7 Billion Gap-Closing Plan

Business | Friday, February 21, 2020 | By New York State Comptroller's Office Print
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Despite projections for healthy gains in tax receipts and continued growth in the economy, the State Fiscal Year (SFY) 2020-21 Executive Budget reflects significant fiscal challenges related, in part, to higher than expected spending in the Medicaid program, according to an analysis released today by New York State Comptroller Thomas P. DiNapoli. With a budget deadline soon approaching, more than a third of the Executive's proposed nearly $7 billion gap-closing plan remains to be identified by the Medicaid Redesign Team (MRT), creating uncertainty for Medicaid beneficiaries, providers, local governments and the state budget.

DiNapoli also raised concerns about transparency and accountability, including proposed statutory changes that could distort the reporting of revenue and spending in the state's financial statements and allow the Executive to spend beyond the amounts approved by the legislature. Other proposals would weaken oversight.

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