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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


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


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.

Feb 19, 2020

New York’s Fiscal Straits Will Continue Without Medicaid Redesign, DiNapoli Warns


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

NYS Common allocates $800 million to climate-themed investments

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.

Feb 12, 2020

New York Maintains ‘Conservative Approach’ With 5.3% Third Quarter Return

Chief Investment Officer

The New York State Common Retirement Fund on Monday posted a 5.3% return for its third quarter, rebounding from weak gains in the first half of the year thanks to a boost from the broader markets.

Jan 29, 2020

New York State pension fund puts 27 coal companies under review


New York state’s top pension fund official said it was reviewing whether to divest from 27 coal companies and could make decisions on $98 million in holdings within two months.

Jan 23, 2020

RCSD deficit worse than projected, NY auditors warn district could run out of money

Democrat & Chronicle

A damning state review of Rochester City School District finances released Thursday raises the projected year-end deficit to $40.5 million.

Jan 23, 2020

DiNapoli: 33 School Districts Reported in Fiscal Stress

WIBX 950

A new report from State Comptroller Thomas DiNapoli shows there were 33 school districts statewide designated in fiscal stress in 2019.

Jan 16, 2020

NYS Comptroller’s Office Says Outreach Agency Has Failed To Get Homeless Individuals Out Of Subway Stations

CBS New York

A new audit shows the number of homeless people in the subway system has increased 18%.

Jan 14, 2020

Comptroller report: NYS gives more to feds than it gets back


A report by the state Comptroller finds that New York ranks number one in being shortchanged in tax money from the federal government.

Jan 9, 2020

NY Comptroller appoints director to oversee green investments for state pension fund amid calls for divestment from fossil fuels

New York Daily News

Comptroller Tom DiNapoli is going green. DiNapoli on Thursday appointed a point person to oversee the eco-friendly investments.

Jan 7, 2020

LIRR reports of ridership and failures off track, comptroller's audit finds


The Long Island Rail Road uses misleading performance metrics to exaggerate the size of its ridership and reliability of its trains, according to a state report.

Dec 25, 2019

Audit recommends HCCC change procurement policy

Utica Observer Dispatch

Herkimer County Community College officials said they will meet the recommendations made by the state Comptroller’s Office following an audit on its competitive methods when procuring goods and services.