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

DiNapoli: MTA Capital Funding Gap May Exceed $12 Billion

The Metropolitan Transportation Authority (MTA) has made significant progress in repairing and modernizing the regional transit system, but a great deal of work remains and financing these capital investments over the next 20 years will be difficult, according to a report released today by New York State Comptroller Thomas DiNapoli.

Approved State Contracts and Payments for August 2017

In August, the Office of the State Comptroller approved 1,737 contracts for state agencies and public authorities valued at $2.7 billion and approved more than 1.9 million payments worth nearly $9.6 billion. The office rejected 162 contracts and related transactions valued at $10.4 billion and nearly 800 payments valued at nearly $3 million. More information on these contracts and payments is available at www.openbooknewyork.com

DiNapoli: New York City's Finances on Solid Footing

New York City projects a balanced budget for fiscal year 2015 and manageable out-year budget gaps under current economic conditions, according to an analysis released today by New York State Comptroller Thomas P. DiNapoli at the annual meeting of the Financial Control Board.

DiNapoli: Fire Department Treasurer Arrested for Stealing Public Funds

New York State Comptroller Thomas P. DiNapoli today announced the arrest of Dennis Snow, the treasurer of the LeRoy Fire Department in Genesee County. Snow was charged with two counts of grand larceny in the third degree (class D felony), 42 counts of forgery in the first degree (class C felony) and two counts of falsifying business records in the first degree (class E felony) for allegedly stealing nearly $50,000 in public funds.

DiNapoli: Local Sales Tax Revenue Growing Slowly

Local sales tax collections in New York state grew by $177 million, or 2.4 percent, for the first half of 2014 compared to the same period in 2013, according to a report issued today by State Comptroller Thomas P. DiNapoli. Nineteen counties experienced an increase of more than 4 percent during this period.

DiNapoli Releases Review of First Quarter State Revenue Collections

Total state tax collections through the first quarter of the state’s fiscal year 2014-15 were $1.3 billion higher than Division of the Budget (DOB) projections, largely reflecting growth in business tax collections and increased personal income tax (PIT) receipts in June, according to a report on state finances issued today by New York State Comptroller Thomas P. DiNapoli. 

State Comptroller DiNapoli Announces Latest Fiscal Stress Scores

State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System has designated 27 municipalities across the state as fiscally stressed. The list, which includes eight counties, eight cities and 11 towns, marks the fewest number of municipalities listed in stress since DiNapoli implemented his early-warning system in 2013.