Admin

Federal Funding and New York
The budget resolutions passed by the 119th Congress will lead to a dramatic restructuring of the federal⁠⁠-⁠⁠state⁠ ⁠relationship. This online resource focuses on federal funding and how it supports services in the State of New York.

The Cost of Living in New York City: Food

Food prices in the New York City metropolitan area have risen 25.2% since 2019 and low-income households are paying substantially more toward food than before the pandemic. While food costs are affected by many factors, recent increases have been fueled by supply chain disruptions created by disruptive public health, severe weather and geopolitical events, which may continue in the near term.

Federal Funds to New York City: A Review of Categorical Grants

New York City’s proposed Fiscal Year (FY) 2026 operating budget relies on $7.4 billion in federal government funding, accounting for 6.4% of total spending. Recent federal government actions to cut grant programs could jeopardize at least $535 million of federal aid in FY 2025 and FY 2026, but nearly all federal operating aid that flows to the City could be subject to cuts or elimination.

DiNapoli: Albany Man Pleads Guilty to Stealing More Than $230,000 From Elderly State Pensioner

State Comptroller Thomas P. DiNapoli, Rensselaer County District Attorney Mary Pat Donnelly, and New York State Police Superintendent Steven G. James announced the guilty plea of Devin Zielinski, 33, for stealing over $230,000 from an elderly victim. His co-defendant in this caretaker scheme, Amber Diacetis, a 31-year-old Albany woman, pleaded guilty to grand larceny in the third degree last year.

DiNapoli: NYS Pension Fund Commits an Additional $2.4 Billion Through Sustainable Investment Program

The New York State Common Retirement Fund (Fund) committed an additional approximately $2.4 billion to three funds as part of its Sustainable Investments and Climate Solutions (SICS) Program, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. 

To date, the Fund has deployed over $26.5 billion, toward its goal of $40 billion, to specific investment opportunities in the SICS Program. The Fund has made commitments to the SICS Program across asset classes including public equity, fixed income, private equity, credit, real assets and real estate.