DiNapoli: N.Y.R.A. Shortchanged Taxpayers

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Tom DiNapoli just released a report saying that the New York Racing Association, which Eliot Spitzer recommended be allowed to continue running three of the state's horse-racing facilities, “continually misinterpreted the mathematical formula for calculating the franchise fee and shortchanged taxpayers.”

Joe Bruno has been pressuring lawmakers to make a decision on the issue before the end of the month.

More on the story here.

http://www.observer.com/2007/dinapoli-nyra-shortchanged-new-york

Copyright © 2007 The New York Observer. All rights reserved.

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