Wall Street’s $23.2 billion in pretax profits for the first half of 2024 were a dramatic 79.3% increase over the same period last year and buoyed by securities trading, underwriting, and selling. Annual profits are currently on track to close out the year much stronger than 2023, according to New York State Comptroller Thomas P. DiNapoli’s annual report examining the performance of New York City’s securities industry.

New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.

A total of 14 local governments in New York state ended their fiscal year 2023 with a fiscal stress designation, the same as a year ago, according to a report released today by State Comptroller Thomas P. DiNapoli. These designations were based on the State Comptroller’s Fiscal Stress Monitoring System (FSMS) scores, including eight that were released today. 

New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.

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New York State Comptroller Thomas P. DiNapoli’s Hispanic Heritage Month event this year recognized several individuals and an organization working to make a difference in the Hispanic and Latino communities:

In July and August, the Office of the State Comptroller approved 3,988 contracts for state agencies and public authorities valued at $7.0 billion and approved more than 5.1 million payments worth nearly $24.4 billion. The office rejected 577 contracts and related transactions valued at $1.5 billion and nearly 4,500 payments valued at more than $28.3 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at Open Book New York.

A former treasurer of an Ontario County fire company was arrested for allegedly stealing over $100,000 from the company over a four-year period, State Comptroller Thomas P. DiNapoli, Ontario County District Attorney James Ritts, and Ontario County Sheriff David Cirencione announced today. The defendant, Jill Havens, who served in the Citizens Hose Company in Shortsville, was charged with Grand Larceny.

A new report by State Comptroller Thomas P. DiNapoli details how chronic absenteeism rates among New York public and charter school students increased sharply as schools transitioned back to in-person learning after the COVID-19 pandemic subsided and remained high with nearly one in three students chronically absent during the 2022-23 school year (SY). The rates were highest for high school students at 34.1%, 7.6 percentage points higher than elementary and middle school students.

State Comptroller Thomas P. DiNapoli released an economic snapshot today of Brooklyn’s Coney Island and Brighton Beach, where the amusement parks, boardwalk and “Little Odessa” have earned global reputations, but the dramatic rise in jobs over the past decade may be less well known.