Aug 24, 2020
Comptroller Tom DiNapoli’s office released an audit of over $2 billion of Empire State Development investments in private companies. The audit covered multiple projects under the troubled Buffalo Billion umbrella.
Aug 19, 2020
The Buffalo News
North Tonawanda finds itself in a fiscal wreck today, largely because the people in charge took their hands off the wheel.
Aug 11, 2020
State Comptroller Thomas DiNapoli on Tuesday said investments in the state pension fund showed “one of the strongest rebounds in modern history” after deep losses from the COVID-19 virus and the economic shutdown it forced.
Aug 10, 2020
Chief Investment Officer
The two collectively hold around $200 million in shares in Boeing, which they charge with ignoring safety issues around the 737 MAX for years.
Jul 30, 2020
OPWDD's vast system of hundreds of vehicles for state-run and private group homes needs closer oversight, auditors found
Jul 13, 2020
Democrat & Chronicle
The COVID-19 pandemic has halted vast areas of economic activity, led to skyrocketing unemployment, and pushed families to new levels of economic vulnerability.
Jul 12, 2020
There have been some calls lately for the New York state pension fund to divest from fossil fuel companies. They imply New York is a laggard in dealing with climate issues. As legendary radio broadcaster Paul Harvey would say: "Now for the rest of the story."
Jul 9, 2020
New York State of Politics
Local governments are facing a "profound" fiscal reckoning from the economic crisis created by the pandemic, with the typcial county government losing millions of dollars in revenue, a report released Thursday by Comptroller Tom DiNapoli found.
May 19, 2020
The Daily Freeman
State Comptroller Thomas DiNapoli on Tuesday warned that a billion dollars in state aid will be held back due to revenue drops from the business shutdowns intended to slow the spread of COVID-19.
May 8, 2020
The U.S. Labor Department report released this morning shows the economy lost a breathtaking 20.5 million jobs in April, shoving unemployment up to 14.7%, the highest since the Great Depression.
May 5, 2020
New York Daily News
Washington has responded to the unprecedented economic disruptions brought on by the coronavirus pandemic with extraordinary measures to bolster our nation’s health-care system, keep businesses afloat and support tens of millions of unemployed Americans. Given the vast scope of the public health and economic challenges we face, our federal government must go further.
Apr 27, 2020
Comptroller Tom DiNapoli met virtually with Greater Rochester Chamber of Commerce President and CEO Bob Duffy on Monday to give an update on the financial impacts of COVID-19 in New York State.
Apr 22, 2020
McCoy was joined at the press conference by New York State Comptroller Tom DiNapoli, who discussed the economic effects of the pandemic on the state. The comptroller noted the state is facing a “cash flow crunch” and a deficit of about $10-15 billion.
Apr 21, 2020
State Comptroller Thomas DiNapoli released his second report on the Rochester City School District’s finances Tuesday.
Mar 13, 2020
State Comptroller Tom DiNapoli believes the MTA is in rough shape financially considering a fifth of its revenue will be put toward debt repayment from now through 2023.
Mar 3, 2020
The Post Standard
The New York Public Service Commission is literally not equipped to properly monitor Spectrum and other utilities across the state, according to an audit released Tuesday by state Comptroller Thomas DiNapoli.
Mar 3, 2020
New York State of Politics
Cases of children being placed in homes with garbage and with adults who have a history of domestic violence were uncovered in an audit released Monday by Comptroller Tom DiNapoli's office.
Feb 19, 2020
The chief fiscal officer of New York expects the state will continue to struggle with how it handles Medicaid payments in the next fiscal year.
Feb 12, 2020
Pension Investments Online
The New York State Common Retirement Fund, Albany, made $800 million in investments and commitments to fixed income and opportunistic alternative funds that emphasize strategies to address climate change risk and sustainable investing.