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NY Minute: State ended June more than $87 million in the red

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Also: Charter school backers spending more on lobbying.

From New York Post:

State government ended the quarter in deficit for only the second time in modern history last month and could go broke again before the summer's over, state Comptroller Thomas DiNapoli warned yesterday.


The state's general fund ended June more than $87 million short despite improved tax collections, DiNapoli said in his monthly cash report.

» Uh, owe! NY plunges into $87M hole as cash runs out [New York Post]


In other state news:

» Attorney general hopeful Kathleen Rice flies nice in donor Adam Katz's plane [New York Daily News]

» Advocates of charter schools boost funding in Albany, closing gap with teachers union [The Wall Street Journal]


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