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

DiNapoli: NYC Transportation and Warehousing Sector Fares Better Than Other Sectors in Recovery Amid Shift to E-Commerce

New York City’s transportation and warehousing sector regained 82% of its pandemic job losses as of April, trailing the nation, but faring better than the city’s private sector as a whole (73%), according to a report released today by State Comptroller Thomas P. DiNapoli. The sector’s relatively strong job gains over the past two years were fueled by increased demand for moving goods rather than people during the pandemic.

State Comptroller Thomas P. DiNapoli Statement on New York City Adopted Budget Agreement

New York State Comptroller Thomas P. DiNapoli issued the following statement regarding the agreement announced today on New York City’s adopted budget.

"The adopted budget agreement between the New York City Council and Mayor Adams shows the city has taken advantage of an end-of-year revenue windfall of nearly $3 billion by building up reserves and funding a number of the council’s spending priorities. The city still faces many risks and setting aside funds now is wise and should allow it to withstand some economic uncertainties and rising costs.

New York One of Only Seven States to Owe Money to Federal Unemployment Trust Fund

Despite recent significant payments to the federal Unemployment Trust Fund (UTF), New York is one of only seven states or territories with unemployment insurance (UI) funds that are in debt to the federal government, and the $8.1 billion owed in the outstanding loan balance is second only to California, according to a new analysis by State Comptroller Thomas P. DiNapoli.

DiNapoli: New York State Common Retirement Fund Reaches Agreements with Companies on Disclosing Political Spending

Five major U.S. companies have agreed to disclose their political spending under agreements reached with the New York State Common Retirement Fund, New York State Comptroller Thomas P. DiNapoli announced today. DiNapoli’s political spending proposal at Twitter also received a majority of support from shareholders at the company’s annual meeting, and he has since called on the company to fully implement the proposal.

State Comptroller DiNapoli Releases Municipal Audits

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

Town of Danby – Town Clerk (Tompkins County)

Tax collections were missing and not deposited in an efficient manner. The clerk also did not identify tax collection account errors totaling $64,959 and could not account for approximately $1,000 in cash from tax collections. The board did not perform an annual audit of the clerk’s records.

DiNapoli Statement on Legislation Restoring Contract Review Authority

New York State Comptroller Thomas P. DiNapoli issued the following statement today following the passage of A.7925-A in the Assembly which will statutorily restore the Office of the State Comptroller’s review of certain state contracts which had previously been removed. The legislation (S.6809-A) already passed in the Senate on May 18, 2022.