Main Banner

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

Value of Industrial Development Agencies' Projects Increase Nearly 50 Percent Over Past Decade

Industrial Development Agencies (IDAs) reported 4,320 active projects valued at $109 billion for 2019, a 3.3 percent, or $3.5 billion, increase in project values from 2018, while net tax exemptions totaled $796 million in 2019, compared to nearly $784 million in 2018. Project values have increased by 48 percent since 2009, while the number of active projects has declined by six percent over the same period, according to a report released today by New York State Comptroller Thomas P. DiNapoli.

DiNapoli: Orange County Resident Arrested for Stealing Her Late Mother’s Pension Benefits

State Comptroller Thomas P. DiNapoli, Orange County District Attorney David M. Hoovler, and the New York State Police today announced that Valerie White, of Middletown, was arrested and charged with grand larceny in the second degree (Class C Felony) for allegedly stealing $51,532.64 of her late mother’s pension payments.

DiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves

The State Fiscal Year (SFY) 2021-22 Enacted Budget Financial Plan shows a remarkable improvement in the state’s financial condition as cumulative four-year budget gaps estimated at $38.7 billion just four months ago have been reduced to $3.4 billion, according to a report released today by State Comptroller Thomas P. DiNapoli. This reduction was fueled by the receipt of substantial new resources, including $15.2 billion in federal assistance and $17.3 billion from tax and other policy actions.

DiNapoli: Former Town Supervisor Pleads Guilty to Embezzlement of $240,000

State Comptroller Thomas P. DiNapoli and Cortland County District Attorney Patrick Perfetti today announced that former Pharsalia Town Supervisor Dennis Brown pleaded guilty to stealing $240,000 in public funds and must now pay full restitution. The thefts were discovered through their joint investigation.

State Comptroller Releases Municipal Audits

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

Auditors conducted reviews of 20 adopted budgets of various counties, cities, towns and villages across the state to assess whether local officials adequately considered the impact of the pandemic on their financial operations while developing their 2021 fiscal year budgets. Below are the findings of some of the communities reviewed: