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Higher Education in New York

New York’s higher education sector is facing challenges, including a looming enrollment cliff, growing costs of attendance, and rising student debt. This report provides critical indicators on the competitiveness of higher education institutions, explains their major challenges, and offers recommendations for consideration. Keeping New York’s higher education institutions competitive by ensuring their affordability, diversity and spirit of innovation and community is important for our State’s future.

DiNapoli: Former Utica City School District Superintendent Pleads Guilty to Public Corruption

State Comptroller Thomas P. DiNapoli, Oneida County District Attorney Todd Carville, and the New York State Police today announced long-time superintendent of the Utica City School District (UCSD), Bruce Karam, pleaded guilty to the felony charge of public corruption for using taxpayer funds to help support a political campaign relating to the 2021 Utica City School Board election and a non-school related fundraiser.

DiNapoli Reaffirms Commitment to DEI Initiatives

New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today announced various initiatives to address diversity, equity, and inclusion (DEI) issues at portfolio companies, including filing shareholder proposals at Tesla Inc., Wells Fargo and Co., Chipotle Mexican Grill Inc., and United Health Group Inc. DiNapoli’s actions come as corporate DEI initiatives are under attack, and reports that some companies are scaling back DEI efforts.

NY State Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule

New York State Comptroller Thomas P. DiNapoli released the following statement on the Securities and Exchange Commission’s (SEC) adoption of the Climate Change Disclosure Rule:

“This is a significant victory for investors who are committed to mitigating the real investment risks associated with climate change.

“Today’s action by the SEC will greatly improve the state pension fund's ability to assess and address risks and opportunities as we navigate our path to net zero by 2040.

Migrant Tracker - Charts (February 2024)

Google Charts - API

State Contract and Payment Actions in January

In January, the Office of the State Comptroller approved 1,493 contracts for state agencies and public authorities valued at $3.7 billion and approved nearly 1.9 million payments worth nearly $13.7 billion. The office rejected 165 contracts and related transactions valued at $4.3 billion and nearly 850 payments valued at more than $18.5 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at Open Book New York.

DiNapoli Releases Bond Calendar for March and April

New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for New York State, New York City and their major public authorities during the months of March and April of 2024.

The planned sales of $8.86 billion include $4.77 billion of new money and $4.09 billion of refundings and reofferings as follows: