Home / News

News

Latest News

Feb 2, 2021

Sales Tax Revenue Drops 10% in NY, More Than 2009 Recession

AP

New York State Comptroller Thomas DiNapoli says sales tax collections in the state dropped by 10% in 2020 compared to 2019.

Jan 29, 2021

Comptroller questions if DEC funding is enough

Adirondack Daily Enterprise

In a report released Thursday, state Comptroller Thomas DiNapoli questioned whether the state Department of Environmental Conservation is receiving enough funding to carry out its duties, which have expanded significantly over the past decade as the state Legislature adopted new laws and the state acquired more land for protection and recreation.

Jan 28, 2021

Comptroller Tom DiNapoli on the Executive Budget & Fiscally Distressed Schools

Capital Tonight

A preliminary analysis of the governor’s executive budget proposal by New York’s top fiscal watchdog states what other budget experts have noted, that the governor supplants state aid with federal money.

Dec 18, 2020

Amazon Investors Push for Racial Audit, Worker on Board

Bloomberg News

An Amazon.com Inc. institutional investor is pushing the world’s largest online retailer to conduct an audit on racism and diversity. Three other shareholders want Amazon to name a worker to its board.

Dec 10, 2020

Editorial: N.Y.'s big green move

Times Union

The state comptroller plans a zero-carbon investment portfolio in 20 years, and warns of divestment even sooner.

Dec 9, 2020

New York’s $226 Billion Pension Fund Is Dropping Fossil Fuel Stocks

NY Times

The fund will divest from many fossil fuels in the next five years and sell its shares in other companies that contribute to global warming by 2040.

Nov 19, 2020

Red state bailout? New York gets 91 cents back in fed aid for every tax dollar it pays, DiNapoli says

amNY

Despite the derision from Senate Republicans, New York taxpayers are pumping plenty of cash into federal coffers but aren’t getting nearly as much back in financial assistance from Washington, state Comptroller Thomas DiNapoli reported on Thursday.

Nov 9, 2020

N.Y. Common Fund sees 6.24% investment return for quarter

Pensions & Investments

The New York State Common Retirement Fund, Albany, recorded an estimated second-quarter net return of 6.24%, Thomas DiNapoli, state comptroller and sole trustee of the fund, said Monday in a news release.

Nov 9, 2020

New York State Comptroller tours North Country businesses

WVNY

North Country leaders welcomed New York State Comptroller Tom DiNapoli to the region Monday to lend his expertise on improving the economy in Clinton and Franklin counties during COVID-19.

Nov 5, 2020

Comptroller: New York Has Lost Billions in Revenue During Pandemic

Spectrum News

New York's tax revenue is expected to have lost more than $4 billion compared to the previous fiscal year as the coronavirus pandemic continues to wreak havoc on the state's finances.