1. Home
  2. Main Banner

Main Banner

NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

        
Subscribe to Main Banner

DiNapoli: NYC Finances Stabilizing With Drop in Costs for Asylum Seekers and Resilient Tax Revenue

New York City’s finances have stabilized amid declining costs for asylum seekers and strong revenue, largely from growth in business and property tax collections. But potential policy changes on the federal level creates uncertainty for the coming years which require fiscal preparation, according to a report on the city’s November financial plan modification released today by State Comptroller Thomas P. DiNapoli.

DiNapoli: Local Sales Tax Collections Up 3% in November

Local sales tax collections in New York state increased by 3% in November compared to the same month in 2023, according to data released today by State Comptroller Thomas P. DiNapoli. Overall, local collections totaled $1.86 billion for the month, up $53 million year over year, with New York City accounting for 61.5% of the increase.

DiNapoli Report Examines Broadband Availability, Access and Affordability in NYC

A new report by State Comptroller Thomas P. DiNapoli examined issues related to broadband availability, access and affordability across New York City’s neighborhoods and found that despite high availability, one in four households had no cable, fiberoptic (FTTP) or digital subscriber line (DSL) internet subscription as of 2023, with the Bronx having the highest share of households without access.

DiNapoli Statement on Governor's Veto of Transparency Legislation

New York State Comptroller Thomas P. DiNapoli released the following statement regarding Gov. Kathy Hochul’s veto of legislation that would have increased transparency on state spending and was supported unanimously in both the State Senate and Assembly:

DiNapoli Tracks NYC Agency Performance, Recommends Greater Transparency

New York City’s government workforce reached more than 300,000 employees in June of 2024, the first year-over-year increase since the COVID-19 pandemic. Still, some city agencies remain understaffed, resulting in critical services being impacted, according to a new report released today by New York State Comptroller Thomas P. DiNapoli.

DiNapoli: Troy's Proposed Bond Financing for Its Lead Pipe Replacement Program Is Lawful and Constitutional

In response to a request from the Troy City Council, New York State Comptroller Thomas P. DiNapoli today issued an advisory opinion finding that the city could lawfully issue bonds in connection with financing the city seeks from the State Environmental Facilities Corporation (EFC) under a federal program to help fund its replacement of public and private lead water service lines without running afoul of the State Constitution’s prohibition on using public funds for private purposes.

State Contract and Payment Actions in October

In October, the Office of the State Comptroller approved 1,982 contracts for state agencies and public authorities valued at $5 billion and approved nearly 2 million payments worth more than $16.5 billion. The office rejected 269 contracts and related transactions valued at $1 billion and more than 1,800 payments valued at more than $9.1 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.