New York State Comptroller Thomas P. DiNapoli issued the following statement regarding the agreement announced today on New York City’s adopted budget.

"The adopted budget agreement between the New York City Council and Mayor Adams shows the city has taken advantage of an end-of-year revenue windfall of nearly $3 billion by building up reserves and funding a number of the council’s spending priorities. The city still faces many risks and setting aside funds now is wise and should allow it to withstand some economic uncertainties and rising costs.

Despite recent significant payments to the federal Unemployment Trust Fund (UTF), New York is one of only seven states or territories with unemployment insurance (UI) funds that are in debt to the federal government, and the $8.1 billion owed in the outstanding loan balance is second only to California, according to a new analysis by State Comptroller Thomas P. DiNapoli.

Five major U.S. companies have agreed to disclose their political spending under agreements reached with the New York State Common Retirement Fund, New York State Comptroller Thomas P. DiNapoli announced today. DiNapoli’s political spending proposal at Twitter also received a majority of support from shareholders at the company’s annual meeting, and he has since called on the company to fully implement the proposal.

New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.

New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.

Town of Danby – Town Clerk (Tompkins County)

Tax collections were missing and not deposited in an efficient manner. The clerk also did not identify tax collection account errors totaling $64,959 and could not account for approximately $1,000 in cash from tax collections. The board did not perform an annual audit of the clerk’s records.

New York State Comptroller Thomas P. DiNapoli today announced the following school district audits have been issued.

New York State Comptroller Thomas P. DiNapoli issued the following statement today regarding Governor Hochul's signing of a new legislative package addressing gun control:

New York State Comptroller Thomas P. DiNapoli issued the following statement today following the passage of A.7925-A in the Assembly which will statutorily restore the Office of the State Comptroller’s review of certain state contracts which had previously been removed. The legislation (S.6809-A) already passed in the Senate on May 18, 2022.

The New York State Common Retirement Fund (Fund) is committing another $350 million to two investment funds through its In-State Private Equity Investment Program, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today.

New York City lags behind the rest of the state and nation in regaining the jobs lost from the onset of the pandemic in March and April 2020, according to an analysis on the city’s labor force released by New York State Comptroller Thomas P. DiNapoli today. By March 2022, the city recovered just under 71% of jobs lost, while the rest of New York state has regained 82% of jobs. By April 2022, the United States had regained 95%.