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

DiNapoli: The Mayor's Proposed Budget Takes Large Steps In Addressing Outstanding Labor Contracts

The recent labor agreement between New York City and the United Federation of Teachers (UFT) removes the largest uncertainty that had been facing the city's budgetary outlook. But the city still faces challenges, including reaching labor agreements with the other municipal unions, obtaining anticipated health insurance savings and closing future budget gaps, according to an analysis released today by New York State Comptroller Thomas P. DiNapoli.

Comptroller DiNapoli Releases Special Education Audits

In 2013, the state enacted legislation requiring the Comptroller to audit the expenses reported to SED by every program provider of special education services for preschool children with disabilities at least once by March 31, 2018. New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued as a result:

New York State Comptroller Thomas P. DiNapoli Statement on Moody's Upgrade of New York State General Obligation Bonds

“Today’s announcement by Moody’s Investors Service brings New York’s rating for its General Obligation bonds and the state’s other major bonding programs to Aa1, its highest level since the fiscal crisis of the mid-1970s. The state is now within one notch of the highest attainable bond rating, Aaa.

DiNapoli: Erie Community College Audit Reveals Lax Oversight by Board

Officials at Erie Community College (ECC) gave more than $100,000 in raises and bonuses to senior officials without proper approval, according to an audit released today by State Comptroller Thomas P. DiNapoli.

“Our auditors found a lax control environment in which significant decisions were made out of the view of the board, the public and students,” said DiNapoli. “I urge ECC’s board of trustees to take a more active oversight role and address the deficiencies outlined in this audit.”

State Comptroller Thomas P. DiNapoli Statement on Governor's Budget and New Proposals

“The Governor put forth an ambitious agenda to tackle our growing infrastructure needs and build for the future.

“The state’s economy continues to be in a stronger position, which has fueled revenue growth for the state and put New York on solid financial footing. There are cautionary signs in the global marketplace that should be watched closely. And, more needs to be done to assist the areas of the state not equally sharing in the state’s economic prosperity.