New York City’s proposed Fiscal Year (FY) 2026 operating budget relies on $7.4 billion in federal government funding, accounting for 6.4% of total spending, according to a series of briefs released today by New York State Comptroller Thomas P. DiNapoli.
Federal pandemic relief funds resulted in New York having a positive balance of payments with Washington, with the state ranking 42nd in federal fiscal year (FFY) 2023 on a per capita basis, according to a report issued today by State Comptroller Thomas P. DiNapoli.
The New York City Administration for Children Services (ACS) must improve its oversight and monitoring of youth services at New York City’s two secure juvenile detention centers, do more to prevent contraband from entering the facilities and improve access to health, mental health and educational services, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
State Comptroller Thomas P. DiNapoli, Rensselaer County District Attorney Mary Pat Donnelly, and New York State Police Superintendent Steven G. James announced the guilty plea of Devin Zielinski, 33, for stealing over $230,000 from an elderly victim. His co-defendant in this caretaker scheme, Amber Diacetis, a 31-year-old Albany woman, pleaded guilty to grand larceny in the third degree last year.
The New York State Common Retirement Fund (Fund) committed an additional approximately $2.4 billion to three funds as part of its Sustainable Investments and Climate Solutions (SICS) Program, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today.
To date, the Fund has deployed over $26.5 billion, toward its goal of $40 billion, to specific investment opportunities in the SICS Program. The Fund has made commitments to the SICS Program across asset classes including public equity, fixed income, private equity, credit, real assets and real estate.
Auditors identified a number of issues with revenues and expenditures. They found the district’s unassigned fund balance increased from $4.4 million in 2021-22 to $31.3 million in 2023-24 and unassigned fund balance as a percentage of the ensuing year’s appropriations increasing from 1.7% in 2021-22 to 9.2% in 2023-24, exceeding the 4% statuory limit.
State Comptroller Thomas P. DiNapoli today announced that nine villages were designated in fiscal stress under his office’s Fiscal Stress Monitoring System (FSMS) for their fiscal year ending in 2024. DiNapoli’s office evaluated all non-calendar year local governments that filed their financial reports in time to be scored and designated three villages in “significant fiscal stress,” two in “moderate fiscal stress,” and four as “susceptible to fiscal stress.”
New York State Comptroller Thomas P. DiNapoli, Greene County District Attorney Joseph Stanzione, and the New York State Police Superintendent Stephen G. James announced the arrest of a Tannersville couple, Kelly Tuomey, 56, and her husband, Stephen B. Tuomey, 60, today for allegedly stealing over $35,000 in pension payments.
Tax collections for State Fiscal Year (SFY) 2024-25 totaled $117.5 billion, $2.1 billion higher than forecast by the Division of the Budget (DOB) in the SFY 2025-26 Executive Budget Financial Plan, according to the March State Cash Report released by New York State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
