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Aug 27, 2020

MTA Faces Dire Need for Federal Help, NY Officials Say

New York State of Politics

New York City's mass transit system is in dire need of a federal aid package or risk a potentially costly borrowing plan and fare hikes, state officials on Thursday warned.

Aug 27, 2020

Comptroller rips LIPA for PSEG Isaias response

Newsday

State Comptroller Thomas DiNapoli has expressed “serious issues” about LIPA’s ability to provide oversight of PSEG Long Island in the wake of the utility’s disastrous response to Tropical Storm Isaias.

Aug 24, 2020

Comptroller DiNapoli Explains Economic Development Audit

Spectrum News

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

North Tonawanda officials were oblivious to town's fiscal problems

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 18, 2020

U.S. activists complain that virtual shareholder meetings let companies silence them

Reuters

Aug 11, 2020

DiNapoli: Rebound in investments boosts state pension fund

Newsday

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

New York Comptroller and Colorado Pension Fund Named Lead Plaintiffs in Boeing Suit

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

Audit: Dangerous drivers, questionable expenses at agency for disabled New Yorkers

Times Union

OPWDD's vast system of hundreds of vehicles for state-run and private group homes needs closer oversight, auditors found

Jul 13, 2020

The need to combat hunger is clear and urgent

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

N.Y. pension fund one of world's most responsible

Times Union

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

DiNapoli: Local Governments Face 'Profound' Fiscal Challenges

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

State Comptroller Thomas DiNapoli, at Ulster chamber of commerce event, warns of steep aid decreases

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

Comptroller: Next Stimulus Package Must Help States, Towns

Spectrum News

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 needs billions from Washington, no strings attached

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

NYS Comptroller says the state needs federal aid to move forward

WROC

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

Comptroller: State Facing "Cash Flow Crunch," But Pensions Safe

Spectrum News

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 report outlines how RCSD budget gap happened

WHEC

State Comptroller Thomas DiNapoli released his second report on the Rochester City School District’s finances Tuesday.

Mar 13, 2020

MTA debt will take one-fifth of revenue by 2023, state comptroller warns

amNew York

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

State doesn’t have equipment, data to properly regulate Spectrum, audit finds

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

DiNapoli Audit Finds More Help Needed For Foster Kids

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.