New York state bought hundreds of millions of dollars worth of medical equipment at the onset of the COVID-19 pandemic, including ventilators and x-ray machines, that now sits unused in storage facilities across the state, missing recommended maintenance and costing taxpayers storage expenses, according to an audit released today by State Comptroller Thomas P. DiNapoli.
The New York Daily News published an op-ed on Sunday from New York State Comptroller Thomas P. DiNapoli and Brooklyn Borough President Antonio Reynoso about maternal health in New York State, and what can be done to save lives.
The full op-ed is below:
The Federal Tax Cuts and Jobs Act (TCJA) included over 100 provisions amending the federal taxation of individuals and businesses beginning in tax year 2018. Should the provisions of the TCJA sunset with no additional changes made to the federal tax code, there would be little impact on New York State tax collections due to the decoupling that occurred in State Fiscal Year 2018-19. Whatever the outcome relating to the extension of the TCJA as well the inclusion of any new proposals, New York taxpayers will be impacted.
New York state’s centralized guidance and oversight of agencies’ use of Artificial Intelligence (AI) is inadequate and creates a risk that the technology could be used irresponsibly, according to an audit released today by State Comptroller Thomas P. DiNapoli.
Women in New York working full time earned 87.3 cents on the dollar compared to men in 2023, meaning they would have to work an extra 53 days into 2024 to make what New York men made at the close of 2023. The gender pay gap in New York is smaller than the national average of 81 cents on the dollar in 2023.
Women in New York earned 87 cents on the dollar compared to men in 2023, according to a report on the gender pay gap released today by New York State Comptroller Thomas P. DiNapoli. Women would have to work an extra 53 days to make what men in New York earned in 2023.
State Comptroller Thomas P. DiNapoli announced the sale of New York State General Obligation (GO) Bonds totaling $539.6 million through competitive sale. Despite recent market volatility, strong investor interest in the state’s full-faith-and credit GO bonds resulted in favorable interest rates and produced savings for state taxpayers.
A former chief financial officer of the St. Johnsville Volunteer Ambulance Corp. today was charged with stealing over $26,000 from the company, State Comptroller Thomas P. DiNapoli, Montgomery County District Attorney Christina Pearson and New York State Police Superintendent Steven G. James announced. The defendant, Shannon Countryman, 46, was charged with grand larceny in the third degree and forgery in the third degree.
This report details New York’s financial impact from the energy and environmental portions of the 2022 Inflation Reduction Act (IRA), including close to $2 billion in funds that could help lower costs during New York’s transition to clean energy. IRA programs represent a significant source of funding as the State pursues policies to reduce greenhouse gas emissions and improve resiliency. There is now significant uncertainty about whether this funding will continue after a new executive order issued by President Trump.
State Comptroller Thomas P. DiNapoli today announced the details of the upcoming New York state General Obligation bond issue totaling $541.1 million. A competitive sale of tax-exempt and taxable bonds is scheduled for March 18. The state expects to sell $347.8 million of new money for transportation, education and environmental purposes and, depending on market conditions, $193.3 million to refund a portion of certain outstanding General Obligation bonds to reduce the state’s debt service costs.
