DiNapoli Releases Economic Report on Greater Flushing Area
Comptroller DiNapoli and elected officials held a socially distanced press conference in Flushing, NY, to discuss the report. Watch a replay of the live stream.
Comptroller DiNapoli and elected officials held a socially distanced press conference in Flushing, NY, to discuss the report. Watch a replay of the live stream.
Comptroller DiNapoli will hold a socially distanced press conference to discuss his report on the economic health of the greater Flushing area in Queens, NY. He will be joined by local elected officials and stakeholders, and will take questions from members of the press afterward.
Investment addresses challenges and opportunities presented by climate change.
The New York State Common Retirement Fund (Fund) will invest $2 billion in an index focused on reducing the risks of climate change and capitalizing on the opportunities arising from the transition to a low-carbon economy, State Comptroller Thomas P. DiNapoli, trustee of the fund, announced today. This is part of the Comptroller's Climate Action Plan announced in 2019 and his goal for the Fund of net-zero greenhouse gas emissions by 2040.
New Yorkers in residential drug treatment programs have been poorly served by the failure of the state’s Office of Addiction Services and Supports (OASAS) to inspect and certify that the programs are safe and give proper treatment, both before and during the COVID pandemic, according to an audit released today by State Comptroller Thomas P. DiNapoli.
Transit system needs to get back on track, address climate risks and system upgrades.
The Metropolitan Transportation Authority is facing significant long-term financial challenges, including risks to its capital plan and pressure from escalating debt, while the impacts of climate change demand a sharper focus on preparation for and response to extreme weather events. The passage of the Infrastructure Investment and Jobs Act offers a boost for the agency’s capital plan, but also heightens the need for appropriate prioritization of capital projects.
The MTA should publish a new assessment of its long-term capital needs that pays particular attention to the growing threat climate change poses to transit, and its most recent 20-year needs assessment shows many capital needs are overdue for attention, according to Comptroller Thomas P. DiNapoli’s latest report.
"New York City’s November 2021 Financial Plan modification indicates that the recovery is underway, but that its trajectory is uncertain, with employment growth and improvement in the commercial real estate market expected to slow from earlier projections. The updated financial plan highlights why smart use of the city’s federal relief funds and better-than-projected revenues are necessary to shore up reserves.
A record number of New Yorkers relied on Medicaid for health care in 2021, with monthly enrollment exceeding 7 million for the first time, according to a new report by New York State Comptroller Thomas P. DiNapoli. While enrollment has grown by about 5% per year over the last 15 years, increasing from about one in seven New Yorkers in 1998 to one in three in 2021, state budget projections rely on expectations for significant enrollment declines that may not materialize.