New York City’s contract spending (excluding capital projects) has grown significantly in recent years, rising to $24.3 billion in fiscal year (FY) 2023, an increase of nearly $7 billion from FY 2019, representing an outsized share (41%) of total citywide operating spending growth in this period, according to a report released today by State Comptroller Thomas P. DiNapoli.
The Times Union published an op-ed from New York State Comptroller Thomas P. DiNapoli today on the shortcomings of the Olson Group’s COVID-19 report and the need for an independent commission to review the state’s pandemic response. The full op-ed is below:
One in 10 locally owned bridges in New York state is rated in poor condition, according to a report released today by State Comptroller Thomas P. DiNapoli. The estimated cost for work needed on local bridges in the state in 2023 was approximately $29 billion, according to the U.S. Department of Transportation, Federal Highway Administration (FHWA) data.
New York’s Clean Energy Fund (CEF), established in 2016 to help New York reach its clean energy goals, has made good progress on reaching its goals for distributed solar capacity and leveraged funds, but is behind in meeting its energy efficiency targets for 2025, according to a report from New York State Comptroller Thomas P. DiNapoli. Since 2016, the CEF spent $3.4 billion through 2023 and has achieved 45% of its total efficiency goals.
New York State Comptroller Thomas P. DiNapoli, Oswego County District Attorney Anthony J. DiMartino, Jr., and the New York State Police today announced the indictment of former Hannibal Fire Chief Chris Emmons and his father Carl Emmons Sr., a volunteer firefighter, for allegedly stealing a total of nearly $14,500 from the fire company.
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
New York’s financial outlook is in a relatively stable position, but continues to have a structural budget deficit, with a cumulative three-year budget gap of $13.9 billion forecasted by the Division of the Budget (DOB), according to a report by State Comptroller Thomas P. DiNapoli on the State Fiscal Year (SFY) 2024-25 Enacted Budget Financial Plan.
The Public Service Commission (PSC) and the New York State Energy Research and Development Authority (NYSERDA) have taken considerable steps in planning for New York State’s transition to renewable energy but must take stronger action to meet the state’s clean energy goals, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
State tax receipts totaled $29.9 billion through the first quarter of State Fiscal Year (SFY) 2024-25, $594 million higher than estimates released by the Division of the Budget (DOB) in the Enacted Budget Financial Plan. In addition, collections were $2.2 billion higher than those through June 2023, according to the monthly State Cash Report released by New York State Comptroller Thomas P. DiNapoli.
Property tax levy growth will be capped at 2% for 2025 for local governments that operate on a calendar-based fiscal year, according to data released today by State Comptroller Thomas P. DiNapoli. This figure affects tax cap calculations for all counties, towns, and fire districts, as well as 44 cities and 13 villages.
