Tag: Tom DiNapoli

Gov. Kathy Hochul, Comptroller Thomas DiNapoli and Attorney General Letitia James built commanding leads on election night, putting New York’s three statewide Democratic incumbents on course for comfortable victories. Each had … more: Hochul, DiNapoli and James head toward comfortable victories in New York

Wall Street bonuses reached a record $49.2 billion in 2025, according to the New York State Comptroller’s Office. The average bonus rose 6% to $246,900 as industry profits increased more than 30% … more: Wall Street bonuses hit record $49.2 billion

New York is staring down a $34.3 billion cumulative budget gap over the next three years—its largest shortfall since the 2009 financial crisis—State Comptroller Thomas P. DiNapoli warned in a new … more: New York faces massive budget gap over next 5 years: Can it be overcome?

New York’s efforts to clean up contaminated industrial and commercial sites are falling short due to delays and lack of oversight, according to a new audit from State Comptroller Tom DiNapoli. … more: Audit finds delays in New York’s Brownfield cleanup program put public at risk

New York State’s newly enacted $254 billion budget for fiscal year 2025-26 reflects significant spending growth—but comes with major warnings. State Comptroller Tom DiNapoli says federal policy shifts may threaten the … more: New York faces budget risks as federal funding cuts loom

New York State Comptroller Tom DiNapoli announced that the New York State Common Retirement Fund returned 5.84% on its investments for the fiscal year ending March 31, 2025. The fund closed the … more: NYS pension fund reports 5.84% investment return for 2024-25

New York State Comptroller Tom iNapoli and Ulster County District Attorney Emmanuel Nneji announced the arrest of a father and son accused of defrauding the state’s Medicaid program of more than $1.2 … more: Father and son charged in $1.2M Medicaid fraud case in NY

New York lawmakers have finalized the state’s 2026 budget—a sweeping $254 billion plan that delivers significant tax relief, boosts funding for education and mental health, and commits billions to transportation and climate … more: New York State Budget 2025-26: Inflation relief checks, child tax credit expansion, and Comptroller’s warning

Food prices in the New York City metro area have surged 56.2% over the past decade—outpacing both national inflation and local income growth—according to a new report from New York State Comptroller … more: DiNapoli warns food insecurity may grow as NYC food prices surge 56%

A new audit from State Comptroller Thomas P. DiNapoli finds that Empire State Development (ESD) has made some progress monitoring high-tech economic development projects—but continues to fall short on performance tracking and public … more: DiNapoli: New York’s high-tech job programs still fall short on oversight

New York State Comptroller Tom DiNapoli announced Monday that the state’s pension fund committed an additional $2.4 billion toward climate-focused investments. The move supports the fund’s strategy to reduce climate-related risk and … more: NY Pension Fund Adds $2.4 Billion to Climate Investments

New York received $1.06 for every tax dollar it sent to the federal government in fiscal year 2023, according to a new report from State Comptroller Tom DiNapoli. But with federal … more: New York Gets $1.06 Back For Every $1 Sent To Washington, DiNapoli Says

Hundreds of thousands of medical devices purchased during the COVID-19 crisis now sit unused in warehouses across New York, lacking maintenance and costing taxpayers, according to a new audit from State Comptroller … more: DiNapoli urges overhaul of unused pandemic medical stockpile

New York’s local governments are bracing for financial challenges as federal pandemic relief funds expire, potentially creating budget shortfalls that could impact essential services, according to a new report from the state … more: Report on local government paints uncertain picture about future in New York

The Office of the State Comptroller approved 1,798 contracts valued at $4.3 billion and nearly 1.9 million payments totaling $12.3 billion in November, according to a report released Friday. The office also … more: Comptroller approves $4.3 billion in contracts, $12.3 billion in payments in November

State Comptroller Thomas P. DiNapoli and Heather Briccetti Mulligan, President and CEO of the Business Council of New York State, have voiced concerns over New York's dwindling population and its implications on the … more: New York faces population decline and economic challenges: DiNapoli and Business Council leader voice major concerns

The New York State Thruway Authority's plan to increase tolls has been met with criticism from State Comptroller Thomas DiNapoli. The proposal calls for higher toll rates to take effect January 1, … more: Comptroller DiNapoli critical of Thruway Authority’s proposal to increase tolls in 2024

30 local governments have been identified in a report released by Comptroller Tom DiNapoli as dealing with some kind of financial strain. Most governments and municipalities are still recovering from the hard-hitting … more: Some local governments are struggling to bounce back following the economic impact of the pandemic

Sales tax collections have increased greatly throughout the pandemic, according to a report released by the Office of the New York State Comptroller. Collections were up 15.5% from last year and 6.5% … more: Sales tax collections have thrived throughout the pandemic in New York State