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Recent Trends and Impact of COVID-19 in the Bronx

Population in the Bronx grew by 10.4 percent from 2000 to 2017 (faster than any other borough), driven primarily by the growth in the immigrant population, but it declined in the next two years to 1.42 million residents.

State Comptroller DiNapoli Releases Municipal Audits

New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.

Auditors conducted reviews of 20 adopted budgets of various counties, cities, towns and villages across the state to assess whether local officials adequately considered the impact of the pandemic on their financial operations while developing their 2021 fiscal year budgets. Below are the findings of some of the communities reviewed:

New York’s Economy and Finances in the COVID-19 Era (June 3, 2021)

The COVID-19 pandemic and resulting economic shutdown quickly led to soaring unemployment rates in New York; those rates subsequently declined slowly but steadily. However, for New Yorkers who face unique challenges due to a disability, unemployment rates increased more quickly and have remained stubbornly high, disrupting progress that had been made leading up to the pandemic.

MWBE 2020-2021 Fiscal Year Report

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.

NYS Comptroller DiNapoli Statement on Major Support for Racial Equity Audit at Amazon

New York State Comptroller Thomas P. DiNapoli released the following statement in response to Amazon’s disclosure of vote results from its annual meeting on Wednesday. DiNapoli and the New York State Common Retirement Fund’s request for an independent review of the company’s policies and practices related to racial diversity, equity and inclusion won support from 44.18% of Amazon shareholders, an immense success for a first-time proposal.