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New York State Comptroller DiNapoli Statement on Governor Signing Legislation to Restore Contract Review Authority
New York State Comptroller Thomas P. DiNapoli issued the following statement today following the Governor signing legislation which statutorily restores the Office of the State Comptroller’s review of certain state contracts which had previously been removed. The legislation (A.7925-A/S.6809-A) was sponsored by State Sen. Elijah Reichlin-Melnick and Assemblyman Kenneth Zebrowski.
2022 Year in Review
A look back at some of the major accomplishments of the Office of the New York State Comptroller in 2022, including building on the State pension fund's $20 billion in climate solutions investments, investing an additional $350 million in New York State businesses, uncovering $5.4 billion in cost savings through audits of critical programs, returning $400 million in lost money to rightful owners, and more.
State Contract and Payment Actions in November
In November, the Office of New York State Comptroller Thomas P. DiNapoli approved 1,514 contracts for state agencies and public authorities valued at $1.8 billion and approved nearly 2 million payments worth more than $11.1 billion. The office rejected 135 contracts and related transactions valued at $286 million and nearly 1,600 payments valued at nearly $19.5 million, primarily for mistakes, insufficient support for charges and improper payments. More information on these contracts and payments is available at Open Book New York.
2022 Year in Review
I’m proud of the work we’ve done to ensure government is held accountable and serves the people of NYS more effectively and efficiently. Look at some of our major accomplishments of 2022.
State Comptroller DiNapoli Releases School District Audits
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits have been issued.
Public Authorities by the Numbers
This report provides the public detailed information about State and local public authorities and makes recommendations to improve transparency and eliminate use of backdoor borrowing and debt gimmicks that seek to weaken or circumvent debt limits.
State Comptroller DiNapoli Statement on MTA 2023 Budget
New York State Comptroller Thomas P. DiNapoli released the following statement today regarding the Metropolitan Transportation Authority’s (MTA) adoption of its 2023 budget:
DiNapoli: Public Authority Debt Ballooned to $329 Billion
State and local public authorities reported debt outstanding totaling more than $329 billion in their most recently reported fiscal years, an increase of 23% ($61.5 billion) since 2017, according to a report released today by State Comptroller Thomas P. DiNapoli.
Review of the Financial Plan of the City of New York
New York City’s fiscal year (FY) 2023 budget is projected to rise to $109.4, after transfers, but City finances could come under pressure amid a slowing economic recovery and an increase in demand for City services. For the upcoming FY 2024 preliminary budget, State Comptroller DiNapoli urges the City to provide a realistic and transparent view of the City’s revenue and expenses and take actions to close out-year gaps while maintaining critical services.