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State Comptroller DiNapoli, Senator Cooney and Assemblymember Solages Urge Governor to Sign Contract Legislation

New York State Comptroller Thomas P. DiNapoli, Senator Jeremy A. Cooney, and Assemblymember Michaelle C. Solages today urged Governor Kathy Hochul to sign legislation that passed both houses at the end of session enhancing transparency and accountability for state contracts awarded during a state of emergency, such as those that were not made transparent to the public during the COVID pandemic, as well as those contracts that are otherwise exempted from the Comptroller’s review.

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DiNapoli Releases Bond Calendar for June and July

New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for New York state, New York City and their major public authorities during the months of June and July of 2023.

The planned sales of $6.06 billion include $2.64 billion of new money and $3.42 billion of refundings and reofferings as follows:

Review of the Financial Plan of the City of New York, May 2023

Stronger-than-anticipated revenue and savings initiatives will allow New York City to maintain budget balance in Fiscal Year (FY) 2024, but the City faces significant financial pressures that are likely to exacerbate already large out-year budget gaps. Budget balance in FY 2024 comes as the City is returning to a revenue composition that more closely resembles pre-pandemic norms, moving away from reliance on federal relief aid.

DiNapoli: Strong Tax Collections and New Savings Initiatives Boost NYC's Short-Term Finances

Stronger-than-anticipated revenue and savings initiatives will allow New York City to maintain budget balance in the coming fiscal year, but the city faces significant financial pressures that are likely to exacerbate already large out-year budget gaps, according to a report on the city Fiscal Year (FY) 2024 Executive Budget released today by State Comptroller Thomas P. DiNapoli.

MWBE 2022-2023 Fiscal Year Report, May 2023

The New York State Minority- and Women-Owned Business Enterprise (MWBE) Asset Management and Financial Institution Strategy (Chapter 171, Laws of 2010) was enacted to codify and replicate best practices for providing MWBEs that are asset managers, investment banks and financial and professional service providers with the opportunity to offer services to fiduciary-controlled entities established by New York State law.