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

        
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DiNapoli Releases May State Cash Report

Tax revenues in May were stronger than expected and came in $838 million higher than projections, according to the monthly state cash report issued today by New York State Comptroller Thomas P. DiNapoli. However, total receipts during the first two months of the current fiscal year remain below last year’s levels.

New York State Comptroller Thomas P. DiNapoli Statement on Fitch Ratings' Upgrade of NYS General Obligation Bonds

“New York state is in its strongest financial condition in years, and today's upgrade by Fitch Ratings, following a similar upgrade by Moody’s Investors Service, is the latest indication of that improvement. While further steps to achieve structural budget balance are essential, I applaud the progress the Governor and the Legislature and our well-funded pension plan have made to strengthen the state’s cash position and reduce projected budget gaps.”

DiNapoli Releases Bond Calendar for Fourth Quarter

New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for the State, New York City, and their major public authorities during the fourth quarter of 2017.

The planned sales of $8.02 billion include $6.09 billion of new money and $1.93 billion of refundings or reofferings as follows:

DiNapoli Announces State Contract & Payment Actions for May 2014

State Comptroller Thomas P. DiNapoli announced today his office reviewed 2,092 contracts valued at $2.3 billion and approved nearly 2.2 million payments worth $10.4 billion in May. His office also rejected 146 contracts and related transactions valued at $692 million and more than 2,700 payments valued at more than $10 million due to fraud, waste or other improprieties.