Despite spending about $36 million to reduce the subway homeless population, the homeless situation in the subways has grown significantly worse, in part because the city’s Department of Homeless Services (DHS) has neglected to monitor a non-profit that has repeatedly failed to conduct outreach it was hired for, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.

Despite waiting lists for Mitchell Lama apartments being very long and turnover very slow, some developments continued to collect $200 fees from applicants who had virtually no chance of getting an apartment in their lifetime, an audit released today by New York State Comptroller Thomas P. DiNapoli found.

New York City now projects a surplus of $550 million in fiscal year 2020, reflecting stronger-than-expected personal and business income tax collections during the first four months of the year, according to a report released today by New York State Comptroller Thomas P. DiNapoli.

Pretax profits in the securities industry reached $15.1 billion in the first six months of 2019, an 11 percent increase over the same period last year, and the best start in a decade, but a slowdown in the global economy and other factors pose threats to second half profits, according to State Comptroller Thomas P. DiNapoli’s annual report on Wall St.’s performance.

The Jackson Heights area is one of New York City’s most diverse communities with one of the highest concentrations of immigrants, many running their own businesses and making major contributions to the booming local economy, according to a report released today by New York State Comptroller Thomas P. DiNapoli.

People with disabilities in New York City face the same challenges as those elsewhere in the nation, including obstacles to employment, higher rates of poverty and lower earnings than those without disabilities, according to a report released today by New York State Comptroller Thomas P. DiNapoli. The Comptroller released the report at an event marking National Disability Employment Awareness Month with the Mayor’s Office for People with Disabilities.

The Metropolitan Transportation Authority (MTA) projects large operating budget gaps and has significant unfunded capital needs. With less than four months before the start of its new fiscal year, there are still questions regarding the MTA’s plan to balance its 2020 budget and narrow the out-year budget gaps, according to New York State Comptroller Thomas P. DiNapoli’s annual report on the MTA’s financial plan.

The overall number of repairs needed in New York City’s subway stations has increased, leaving fewer stations in good condition as the system has deteriorated faster than the pace of repairs, according to an analysis of MTA data by New York State Comptroller Thomas P. DiNapoli.

New York City ended fiscal year (FY) 2019 with a surplus of $4.2 billion, according to a report released today by State Comptroller Thomas P. DiNapoli. The surplus was generated by higher than expected revenues, especially tax collections, the city’s savings program and unneeded reserves in that year.

A review of six Metropolitan Transportation Authority (MTA) New York City Transit (Transit) capital projects found errors throughout the project pipeline that contributed to delays and higher costs, according to an audit released today by State Comptroller Thomas P. DiNapoli. Many of the problems were tied to MTA’s failure to follow its own procedures or properly oversee contractors.