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NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

DiNapoli Encourages New Yorkers to Save for College

State Comptroller Thomas P. DiNapoli is encouraging New Yorkers who face college expenses to open a 529 College Savings account to start saving now to help with the costs of getting a degree.

According to the Federal Reserve Bank of New York's latest figures from 2015, the nationwide average student loan balance is $29,700 and New Yorkers owe an average of $32,200. As the cost for a college education increases, more young people are struggling with the realities of paying off their college loans.

DiNapoli: State Tax Collections Slightly Stronger Than Expected in February but Remain Volatile

Tax collections of $4.9 billion in February were $21.6 million above the state’s latest estimates, according to the monthly cash report released today by New York State Comptroller Thomas P. DiNapoli. Through 11 months of the fiscal year, tax collections were $636.6 million higher than originally projected, and $19 million higher than the latest estimates.

Comptroller DiNapoli & A.G. Schneiderman Announce State Prison Sentence for Florida Woman in $120,000 Pension Fraud Case

New York State Comptroller Thomas P. DiNapoli and  Attorney General Eric T. Schneiderman today announced the conviction and sentence of Graycelia Cizik, 64, a resident of Polk County, Florida. Cizik pleaded guilty on January 21, 2015 to a one-count Indictment charging her with the crime of Grand Larceny in the Second Degree, a class C felony. Today, she was sentenced to 2 to 6 years in state prison by Supreme Court Judge Roger D. McDonough in Albany County Court.

DiNapoli: Medicaid Redesign Presents Opportunities and Risks

The state’s efforts to limit Medicaid spending are showing measurable progress with annual growth at less than 2 percent. Still, state spending on Medicaid is projected to rise by nearly $700 million a year over the next four years and improving the quality of care for Medicaid patients remains a challenge after more than two decades of reform, according to a report released today by New York State Comptroller Thomas P. DiNapoli.

DiNapoli Announces Results of General Obligation Bond Sale: $329,225,000 Awarded

State Comptroller Thomas P. DiNapoli today awarded three series of New York State General Obligation Bonds totaling $329,225,000 through a competitive sale. Specifically, the sales were $142,555,000 of Series 2015A Tax-Exempt Bonds, $5,640,000 of Series 2015B Taxable Bonds and $181,030,000 of Series 2015C Tax-Exempt Refunding Bonds.