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State Comptroller DiNapoli Announces New Cybersecurity Training Webinars for Local Governments

The Office of the State Comptroller has developed five new “10-minute Tech Talk” cybersecurity training webinars for local government officials with weekly releases planned throughout October in recognition of National Cybersecurity Awareness Month, State Comptroller Thomas P. DiNapoli announced.

As threats and attacks from malicious actors continue to become more sophisticated and commonplace, the importance of training for the "people" part of a cyberdefense has grown even more critical.

Homeownership Rates in New York

Homeownership can provide economic benefits, but New York State has the lowest homeownership rate in the nation, driven by low rates in New York City. New York also has a racial and ethnic ownership disparity that is higher than the rest of the country. Reducing inequities in real estate practices and boosting homeownership should be important priorities for maintaining New York’s competitiveness as a place of opportunity.

DiNapoli: NY's Homeownership Rate Lowest in the Nation

New York state has the lowest homeownership rate in the nation, driven by low rates in New York City, according to a report released today by State Comptroller Thomas P. DiNapoli. Only 53.6% of New York households owned a home in the second quarter of 2022, compared to 65.8% nationally. New York also has a racial and ethnic ownership disparity that is higher than the rest of the country.

Employee Ownership of Businesses in New York State

Employee ownership (EO) arrangements provide employees with a defined stake in the companies they work for and can impact business owners and individual workers positively. This report examines the prevalence of employee-owned firms in New York and provides options for policymakers to consider for educating businesses, workers, and communities on the benefits and drawbacks associated with EO.

DiNapoli Releases Bond Calendar for Fourth Quarter

New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule of planned bond sales for New York State, New York City and their major public authorities during the fourth quarter of 2022.

The planned sales of $5.65 billion include $5.43 billion of new money and $216 million of refundings and reofferings as follows:

State Contract and Payment Actions in August

In August, the Office of the State Comptroller approved 1,555 contracts for state agencies and public authorities valued at $2.7 billion and approved more than 2 million payments worth nearly $10.3 billion. The office rejected 133 contracts and related transactions valued at $727.8 million and nearly 2,800 payments valued at more than $14.3 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.

Household Debt in New York State

New Yorkers and consumers across the nation are experiencing growing household debt. The average household debt in New York climbed to a new high of $53,830 at the end of 2021. While New Yorkers trail the national average debt burden ($55,810), student loan and credit card debt per capita were well above the national average, with student loan balances 335% higher than they were in 2003.

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