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PSC creates fund supporting rural local telephone service

by Rick Seltzer

8/16/2012 2:46:00 PM




The New York State Public Service Commission moved today to set up a State Universal Service Fund (SUSF) that will provide four years of funding to keep residential local telephone service available in the state’s high-cost rural areas.

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by Adam Rombel
The New York state government hauled in $8.6 billion in tax collections in April, up 25.2 percent from the year-ago period. Collections were also almost $86 million higher than projections from the state’s enacted budget, mainly because of growth in personal income-tax (PIT) collections that likely won’t last, according to a report issued today by New York Comptroller Thomas P. DiNapoli.

by Adam Rombel

In New York state, 19,122 people filed for new unemployment-insurance benefits in the week ending May 11, up from the year-to-date low of 18,627 claims filed the week before, according to U.S. Labor Department data issued Thursday. 


by Eric Reinhardt

New York realtors’ completed sales of existing single-family homes, townhomes, and condos rose 8.5 percent in April compared to the year-ago period, while the median price and pending sales rose 10 percent and 19 percent, respectively.

That’s according to data the New York State Association of Realtors (NYSAR) released on Wednesday.

by Eric Reinhardt

Gov. Andrew Cuomo today unveiled Tax-Free NY, an initiative intended to “transform” university campuses statewide into tax-free zones that attract start-ups, venture capital, new business, and investments from around the world.

by Journal Staff


New York farms produced 108 million eggs in April, up 2 percent from the year-ago period, according to Blair Smith, state statistician at the USDA’s National Agricultural Statistics Service, New York Field Office.



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