Like many cities across the United States, New York City has adjusted its budget priorities during the COVID-19 pandemic to help address pressing needs, but some new critical programs and services may face fiscal cliffs, according to a new repo
Last year the New York State Thruway Authority proposed a multi-year schedule of toll increases to begin in 2024. This report provides a summary of the Thruway Authority’s current and forecasted revenue and expenses, factors that have impacted its finances over the past several years, the toll increase proposal, and considerations to help guide the assessment of the proposal.
In December, the Office of the State Comptroller approved 1,605 contracts for state agencies and public authorities valued at $3.7 billion and approved more than 1.7 million payments worth nearly $17 billion.
“Governor Hochul introduced her executive budget while many New Yorkers continue to struggle to make ends meet and concerns of a recession grow. Inflation is still too high, and New York still has not regained all the jobs lost during the pandemic.
Report Identifies Current Weaknesses, Recommends New Reform Measures
New York has one of the nation’s highest debt levels, largely because measures to restrict the excessive use of debt have been circumvented over the years in State budgets. This report identifies policy and fiscal weaknesses that have allowed State debt to grow to troubling levels and offers a roadmap for State debt reform to improve debt affordability and protect New York’s fiscal health.
"A good education and civic engagement set the stage for our youth to achieve great things." – Thomas P. DiNapoli
Each year Comptroller DiNapoli's Student Achievement Awards recognize students who show academic excellence and leadership potential through activities that improve their school or community.
New York State Comptroller Thomas P. DiNapoli today announced the promotion of Sylvester (Sly) McClearn to interim director of the New York State Common Retirement Fund’s (Fund) Emerging Manager Program.
New York state has one of the nation’s highest debt levels, largely because measures to restrict the excessive use of debt have been circumvented over the years in state budgets. Since the Debt Reform Act was passed in 2000, state-supported debt outstanding increased by $25 billion.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
