Main Banner

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

DiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets

New sources of recurring revenue in the state’s final budget and other aid, including expected revenue from congestion pricing, give the Metropolitan Transportation Authority an opportunity to ease the pressure that growing debt places on its operations and stabilize its future finances, according to a report released today by State Comptroller Thomas P. DiNapoli. Ensuring stronger finances down the road will depend in part on how the MTA chooses to manage debt in the coming years.

DiNapoli Releases Analysis of 2023-24 Enacted State Budget

The $229 billion Enacted Budget for State Fiscal Year (SFY) 2023-24 includes new recurring spending for schools, mental health services, and health care, as well as resources for the Metropolitan Transportation Authority (MTA) and for emergency rental assistance. Preliminary estimates show All Funds spending will grow nearly 4% year-over-year amid a projected drop in revenues and as temporary federal aid is spent down, according to an analysis by State Comptroller Thomas P. DiNapoli.

DiNapoli: Employment Among Mothers in NYC Improves, But Unemployment Remains Higher Than Pre-Pandemic Levels

The unemployment rate for mothers in New York City has improved but it remains higher than it was prior to the pandemic, according to a report released today by New York State Comptroller Thomas P. DiNapoli. The report also found that 5.7% of city moms in the workforce were unemployed in 2022 compared to 3.4% nationally. Black mothers in the city are the hardest hit, facing an unemployment rate of 9%.

Comptrollers DiNapoli, Lander Urge Fellow Netflix Investors to Support Workers' Rights

New York State Comptroller Thomas P. DiNapoli and New York City Comptroller Brad Lander today announced that they have called on Netflix shareholders to support their joint proposal urging the streaming service to uphold its employees’ rights to freedom of association and collective bargaining. Their shareholder proposal will be subject to a vote at the company’s annual meeting on June 1, 2023.

DiNapoli: State Agency Overtime Costs Grew by 47.2% in 2022, Marking an All-Time High

Overtime costs at state agencies rose 47.2% to more than $1.36 billion in 2022, setting a new record, according to a report released today by State Comptroller Thomas P. DiNapoli. Overtime hours increased 11.1% to 22.2 million over the same period. Overtime earnings comprised 7.5% of total payroll spending in 2022, a significant increase from the 4.6% average from 2013-2021.