New York State Comptroller Thomas P. DiNapoli announced today that he has launched an interactive online tool using subway ridership data that details where straphangers are, and are not, returning to the subway system, alongside neighborhood and local demographics, employment and income.
New York State Comptroller Thomas P. DiNapoli testified today before the U.S. House Committee on Financial Services Subcommittee on Diversity and Inclusion. The hearing, titled “By the Numbers: How Diversity Data Can Measure Commitment to Diversity, Equity and Inclusion,” focused on how investors utilize such data.
Schools in 13 districts statewide did not always post required financial information in a clear and comprehensive manner on their websites, according to a report released today by State Comptroller Thomas P. DiNapoli. When they did post the information, it was often hard to find.
The New York State Common Retirement Fund (Fund) has reached an agreement with the Molson Coors Beverage Co., one of the world’s largest brewers, to comprehensively disclose its political spending, New York State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. In response to the agreement, the Fund withdrew its shareholder resolution with the Chicago-based company.
New York State Comptroller Thomas P. DiNapoli, Columbia County District Attorney Paul Czajka, and the New York State Police today announced the arrest of Barbara Henry, the Village of Chatham’s former Clerk-Treasurer, following a joint investigation for unlawfully waiving her own health insurance premiums. This is the second arrest of a village official stemming from the joint investigation.
State Comptroller Thomas P. DiNapoli announced the sale of two series of New York State General Obligation Bonds totaling $634 million through competitive sale. Specifically, the sales were $102,370,000 of Series 2021A Tax-Exempt Bonds and $531,385,000 of Series 2021B Taxable Bonds.
Although year-to-date collections continue to lag prior year results, tax collections through February were $758.4 million higher than forecast in the most recent Division of the Budget (DOB) update to the State Financial Plan, according to the monthly State Cash Report released today by New York State Comptroller Thomas P. DiNapoli. State tax revenues for fiscal year 2021 totaled $75 billion through the end of February.
Overall sales tax collections for local governments declined by 4.2 percent in February compared to the same month in 2020, State Comptroller Thomas P. DiNapoli announced today. Collections totaled nearly $1.3 billion, down $55 million from February of last year. Collections are down $2.2 billion, or 12 percent, for the past 12 months (March 2020 – February 2021), compared to the same 12 months ending February 2020.
State Comptroller Thomas P. DiNapoli today announced the details of the competitive sale scheduled for March 16 of tax-exempt and taxable New York State General Obligation bonds, totaling $635.9 million. The state expects to sell $181.1 million for new money transportation, education and environmental purposes, and depending on market conditions, $454.8 million to refund a portion of certain outstanding General Obligation bonds to reduce the state’s debt service costs.
“This is a game changer for New York. As the pandemic drags on for New Yorkers who have fallen ill, for workers who have lost their jobs, for families struggling with childcare and for small businesses desperate to stay open, we’ve received critical aid from the federal government when we need it most.
