Earth Week 2023
Helping build a stronger, more sustainable global economy.
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DiNapoli: Localities Spending More to Address Climate Change Hazards
A sample of local governments across New York reported $1.34 billion in actual and anticipated spending on capital projects over a 10-year period, with about 55% of the total in response to climate-related hazards such as increased flooding and storm damage, according to a report released today by State Comptroller Thomas P. DiNapoli.
DiNapoli: SFY 2022-23 Tax Collections Outperform Projections; Fall Below Previous Year
Tax collections for State Fiscal Year (SFY) 2022-23 totaled $111.7 billion, $2.9 billion higher than the forecast released by the Division of the Budget (DOB) in the Amended Executive Budget financial plan at the beginning of March but $9.5 billion lower than the previous year, according to the March State Cash Report released today by New York State Comptroller Thomas P. DiNapoli.
DiNapoli: Temporary Federal Spending Drives Up NY’s National Ranking in States’ Balance of Payments
The surge in federal spending in response to the COVID-19 pandemic significantly improved New York’s per capita ranking in the federal balance of payments from 49th in 2019 to 30th in Federal Fiscal Year (FFY) 2021, according to a report released by State Comptroller Thomas P. DiNapoli. For every dollar New York sent to the federal government in tax receipts, it received $1.51 back in federal spending, as compared to a national average of $1.70.
New York’s Balance of Payments in the Federal Budget - Federal Fiscal Year 2021, April 2023
The surge in federal spending in response to the COVID-19 pandemic significantly improved New York’s per capita ranking in the federal balance of payments from 49th in 2019 to 30th in Federal Fiscal Year 2021. For every dollar New York sent to the federal government in tax receipts, it received $1.51 back in federal spending, as compared to a national average of $1.70. This report is the seventh in a series by the Office of the State Comptroller that examines the flow of funds between the federal government and the states.
State Comptroller DiNapoli Releases School & Municipal Audits
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
Federal Fiscal Report
New York Gets $1.51 for Every $1 Sent to D.C.
Public-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
As New York state grapples with cost-effective solutions for its estimated $250 billion in infrastructure needs over the next 20 years, the state should examine both the opportunities that public-private partnerships offer as well as the underlying financial risks associated with forming those partnerships, according to a report released today by State Comptroller Thomas P. DiNapoli.
DiNapoli Issues Report on Public-Private Partnerships
New York State Comptroller Thomas P. DiNapoli called for strong oversight provisions if New York broadens the authority of the state to enter into public-private partnership (P3) projects or goes forward with private financing of public projects. DiNapoli’s recommendations follow the release of a report today examining the benefits and problems that have plagued P3 projects elsewhere in the country.
Controlling Risk Without Gimmicks: New York’s Infrastructure Crisis and Public-Private Partnerships, January 2011
As New York State grapples with cost-effective solutions for its estimated $250 billion in infrastructure needs over the next 20 years, this report examines both the opportunities that public-private partnerships offer as well as the underlying financial risks associated with forming those partnerships.