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

DiNapoli Releases Bond Calendar for Second Quarter

New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule for the planned sale of obligations for the state, New York City, and their major public authorities during the second quarter of 2016.

The proposed new issuances total approximately $3.61 billion, including $1.63 billion scheduled for this month, $1.52 billion for May and $463 million for June. The second quarter of anticipated new issuances compares to past planned new issuances of approximately $3.82 billion during the first quarter of 2016 and $4.95 billion during the second quarter of 2015.

New York State Comptroller Thomas P. DiNapoli Statement on State Budget

"This budget reflects stronger economic times and assists individuals and families who have not shared equally in the state's economic prosperity. The details of the budget came together late in the process and outside the public's view, so more analysis is needed to examine the long-term impact of these spending decisions. My office expects to finish our analysis of the enacted budget in the coming weeks."

Audit Recommends Improvements to NFTA Capital Planning

Almost 20 percent of the Niagara Frontier Transportation Authority’s (NFTA) assets are not in a state of good repair and it is unclear how the authority prioritizes capital improvements, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.

DiNapoli: Some NYC Schools Failing to Report Violent, Disruptive Incidents

New York State Comptroller Thomas P. DiNapoli today announced that an audit of the New York City Department of Education (DoE) found it did not report hundreds of violent and disruptive incidents to the State Education Department (SED) as required under the Safe Schools Against Violence in Education (SAVE) Act. SED uses local districts’ reports of disruptive behavior to create School Violence Indexes (SVI) that can determine if a school needs to develop safety and emergency response plans.

DiNapoli: State Financial Condition Improving

New York state’s short-term financial condition continues to improve and the state has built on its reserves, but the 2015-16 Enacted State Budget contains broad statutory authority on some spending, according to an analysis released today by State Comptroller Thomas P. DiNapoli.

DiNapoli: Audits Find Certain IDAs Lack Job Creation Data

Recent audits by New York State Comptroller Thomas P. DiNapoli have revealed a number of local Industrial Development Agencies (IDAs) do not verify if businesses receiving tax breaks are actually meeting job creation goals. These same IDAs are unable to recover incentives given to companies that fail to reach specific benchmarks because of inadequate contract agreements.

Statement From New York State Comptroller Thomas P. DiNapoli on Senate Confirmation of Loretta Lynch as U.S. Attorney General

New York is proud to see one of our own appointed to the highest legal position in our nation. Loretta Lynch will be a remarkable attorney general for our country and a strong defender of the rights of our citizens. I congratulate her on this historic appointment and commend President Obama for his wise choice.