Revenue Forecast
Estimated tax revenue will be at least $4 billion below estimates due to impact of the coronavirus. If a more severe recession or sharper stock market declines occur, revenues could drop by more than $7 billion.
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Public Authorities
State Comptroller DiNapoli Releases State Revenue Projection to Reflect Coronavirus Impact
New York State Comptroller Thomas P. DiNapoli today issued a revenue projection for the 2020-2021 state budget which reflects an estimate of the economic impact and ongoing volatility stemming from the spread of the coronavirus (COVID-19).
DiNapoli: 27 NY Local Governments Persistently Delinquent in Filing Required Financial Data to the State
State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
Comptroller DiNapoli Releases School District Audits
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits have been issued.
DiNapoli: MTA Budget Continues to Face Serious Risks
The Metropolitan Transportation Authority is expected to devote one-fifth of total revenue to debt service by 2023 as it relies increasingly on borrowing to finance its capital needs, leaving a smaller share of revenue for other priorities and hindering budget flexibility during an economic setba
DiNapoli: Better Oversight Needed at Homeless Shelters
An audit released today by New York State Comptroller Thomas P.
DiNapoli: New York State Pension Fund and Coca Cola Reach Agreement on Executive Pay
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Coca Cola Co. will consider the wages it pays all of its employees when setting executive salaries, aiming to bring them into closer alignment, State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), announced today.
DiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
A new report by New York State Comptroller Thomas P. DiNapoli shows the challenges faced by the state’s school districts are as varied as the state itself.