New York State

NY's Balance of Payments With Washington Remains Positive for Now, but Federal Actions Could Drastically Change State's Financial Picture

Federal pandemic relief funds resulted in New York having a positive balance of payments with Washington, with the state ranking 42nd in federal fiscal year (FFY) 2023 on a per capita basis, according to a report issued today by State Comptroller Thomas P. DiNapoli.

DiNapoli: State Must Improve Management of Medical Equipment Stockpile After Spending Millions During the COVID-19 Pandemic

New York state bought hundreds of millions of dollars worth of medical equipment at the onset of the COVID-19 pandemic, including ventilators and x-ray machines, that now sits unused in storage facilities across the state, missing recommended maintenance and costing taxpayers storage expenses, according to an audit released today by State Comptroller Thomas P. DiNapoli. 

DiNapoli and Brooklyn Borough President Antonio Reynoso Op-Ed: New York Mothers Should Not Be Dying in Childbirth in 2025

The New York Daily News published an op-ed on Sunday from New York State Comptroller Thomas P. DiNapoli and Brooklyn Borough President Antonio Reynoso about maternal health in New York State, and what can be done to save lives. 

The full op-ed is below: 

Federal Income Tax Provisions Under The Tax Cuts and Jobs Act

The Federal Tax Cuts and Jobs Act (TCJA) included over 100 provisions amending the federal taxation of individuals and businesses beginning in tax year 2018. Should the provisions of the TCJA sunset with no additional changes made to the federal tax code, there would be little impact on New York State tax collections due to the decoupling that occurred in State Fiscal Year 2018-19. Whatever the outcome relating to the extension of the TCJA as well the inclusion of any new proposals, New York taxpayers will be impacted.

Women and Persistent Pay Gaps in New York

Women in New York working full time earned 87.3 cents on the dollar compared to men in 2023, meaning they would have to work an extra 53 days into 2024 to make what New York men made at the close of 2023. The gender pay gap in New York is smaller than the national average of 81 cents on the dollar in 2023.

DiNapoli: Women in New York Still Earn Far Less Than Men

Women in New York earned 87 cents on the dollar compared to men in 2023, according to a report on the gender pay gap released today by New York State Comptroller Thomas P. DiNapoli. Women would have to work an extra 53 days to make what men in New York earned in 2023.

DiNapoli Announces Sale of $540 Million State of New York General Obligation Bonds

State Comptroller Thomas P. DiNapoli announced the sale of New York State General Obligation (GO) Bonds totaling $539.6 million through competitive sale. Despite recent market volatility, strong investor interest in the state’s full-faith-and credit GO bonds resulted in favorable interest rates and produced savings for state taxpayers.

DiNapoli: Former CFO of St. Johnsville Volunteer Ambulance Corp. Arrested for Stealing Over $26,000

A former chief financial officer of the St. Johnsville Volunteer Ambulance Corp. today was charged with stealing over $26,000 from the company, State Comptroller Thomas P. DiNapoli, Montgomery County District Attorney Christina Pearson and New York State Police Superintendent Steven G. James announced. The defendant, Shannon Countryman, 46, was charged with grand larceny in the third degree and forgery in the third degree.