In September, the Office of the State Comptroller approved 1,661 contracts for state agencies and public authorities valued at $1.9 billion and approved more than 2 million payments worth nearly $15.9 billion. The office rejected 210 contracts and related transactions valued at $298.1 million and nearly 3,200 payments valued at more than $6.4 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.

After a brief period of financial stability secured by an infusion of state funds last year, the Metropolitan Transportation Authority (MTA) now faces growing fiscal uncertainties and risks that create projected budget gaps that start at $211 million this year and increase to $652 million in 2028, according to a new report from State Comptroller Thomas P. DiNapoli. Those gaps could grow much wider if various budget risks that the MTA has identified come to pass.

A report by State Comptroller Thomas P. DiNapoli shows the state’s employment picture has changed in significant ways since 2000 with the health care and social assistance industries increasing their share of total employment as manufacturing and financial activities shrank. Employment in health care and social assistance had the greatest increase in jobs since 2019, with the sector now comprising nearly one in five jobs statewide.

The New York State Division of Human Rights (DHR) failed to properly investigate dozens of housing discrimination cases, undermining its mission to eliminate injustices and promote equal opportunity, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.

State tax receipts totaled $54.6 billion through the first six months of State Fiscal Year (SFY) 2024-25, $682.1 million higher than the state Division of the Budget (DOB) estimates in the First Quarterly Update to the SFY 2024-25 Enacted Budget Financial Plan. On a year-over-year basis, tax collections were $3.1 billion higher than those through September 2023, primarily driven by the Personal Income Tax (PIT) according to the monthly State Cash Report released by New York State Comptroller Thomas P. DiNapoli.

New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.

City & State published an op-ed from New York State Comptroller Thomas P. DiNapoli on Saturday (10/12) on the the importance of the NY ABLE program and efforts by his office to increase access to the program. The full op-ed is below:

Wall Street’s $23.2 billion in pretax profits for the first half of 2024 were a dramatic 79.3% increase over the same period last year and buoyed by securities trading, underwriting, and selling. Annual profits are currently on track to close out the year much stronger than 2023, according to New York State Comptroller Thomas P. DiNapoli’s annual report examining the performance of New York City’s securities industry.

New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.

A total of 14 local governments in New York state ended their fiscal year 2023 with a fiscal stress designation, the same as a year ago, according to a report released today by State Comptroller Thomas P. DiNapoli. These designations were based on the State Comptroller’s Fiscal Stress Monitoring System (FSMS) scores, including eight that were released today.