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Tom DiNapoli

Audit finds delays in New York’s Brownfield cleanup program put public at risk

Audit finds delays in New York’s Brownfield cleanup program put public at risk
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. The review of the ... more
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New York faces budget risks as federal funding cuts loom

New York faces budget risks as federal funding cuts loom
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 stability of the budget ... more
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NYS pension fund reports 5.84% investment return for 2024-25

NYS pension fund reports 5.84% investment return for 2024-25
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 fiscal year with ... more
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Father and son charged in $1.2M Medicaid fraud case in NY

Father and son charged in .2M Medicaid fraud case in NY
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 million. The charges ... more
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New York State Budget 2025-26: Inflation relief checks, child tax credit expansion, and Comptroller’s warning

New York State Budget 2025-26: Inflation relief checks, child tax credit expansion, and Comptroller’s warning
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 infrastructure. The budget ... more
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DiNapoli: New York’s high-tech job programs still fall short on oversight

DiNapoli: New York’s high-tech job programs still fall short on oversight
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 transparency, despite ... more
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DiNapoli warns food insecurity may grow as NYC food prices surge 56%

DiNapoli warns food insecurity may grow as NYC food prices surge 56%
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 Thomas P. DiNapoli ... more
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NY Pension Fund Adds $2.4 Billion to Climate Investments

NY Pension Fund Adds .4 Billion to Climate Investments
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 benefit from the ... more
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New York Gets $1.06 Back For Every $1 Sent To Washington, DiNapoli Says

New York Gets .06 Back For Every  Sent To Washington, DiNapoli Says
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 pandemic aid drying up ... more
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DiNapoli urges overhaul of unused pandemic medical stockpile

DiNapoli urges overhaul of unused pandemic medical stockpile
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 Thomas P. DiNapoli ... more
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Report on local government paints uncertain picture about future in New York

Report on local government paints uncertain picture about future in New York
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 comptroller’s office. The ... more
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Comptroller approves $4.3 billion in contracts, $12.3 billion in payments in November

NYS pension fund reports 5.84% investment return for 2024-25
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 rejected 234 contracts ... more
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New York faces population decline and economic challenges: DiNapoli and Business Council leader voice major concerns

New York faces population decline and economic challenges: DiNapoli and Business Council leader voice major concerns
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 state's economy ... more
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Comptroller DiNapoli critical of Thruway Authority’s proposal to increase tolls in 2024

Comptroller DiNapoli critical of Thruway Authority’s proposal to increase tolls in 2024
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, 2024, followed by ... more
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Some local governments are struggling to bounce back following the economic impact of the pandemic

Some local governments are struggling to bounce back following the economic impact of the pandemic
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 pandemic and the ... more
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Sales tax collections have thrived throughout the pandemic in New York State

Sales tax collections have thrived throughout the pandemic in New York State
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% from 2019. The ... more
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New York’s financial picture might not be so bad, and that’s not because of COVID relief

As it turns out New York State might not be in as bad a spot financially as initial predictions at the start of the coronavirus pandemic. And that's not solely because New York received a ... more
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Comptroller finds that New York’s financial situation could be improving

Comptroller finds that New York’s financial situation could be improving
New York State's financial situation could be improving. A report by Comptroller Tom DiNapoli found that federal aid combined with better than anticipated tax revenue could equate to modest budget surpluses. The state's unemployment rate ... more
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