New York City

New York City Budget Balanced But Economic Risks Have Grown

New York City ended fiscal year (FY) 2019 with a surplus of $4.2 billion, according to a report released today by State Comptroller Thomas P. DiNapoli. The surplus was generated by higher than expected revenues, especially tax collections, the city’s savings program and unneeded reserves in that year.

DiNapoli Audit: MTA Transit Capital Projects Plagued by Cost Overruns and Delays

A review of six Metropolitan Transportation Authority (MTA) New York City Transit (Transit) capital projects found errors throughout the project pipeline that contributed to delays and higher costs, according to an audit released today by State Comptroller Thomas P. DiNapoli. Many of the problems were tied to MTA’s failure to follow its own procedures or properly oversee contractors.

DiNapoli: MTA'S Homeless Outreach Program Didn't Do Much Outreach

The Metropolitan Transportation Authority (MTA), and homeless New Yorkers, have been shortchanged by the nonprofit hired to provide outreach services at Penn Station, Grand Central and elsewhere, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.

DiNapoli Audit Finds Gaps in NYC School Safety Planning

Planning requirements for shootings and emergency situations in New York City’s schools need to be more strictly enforced by New York City’s Department of Education (DOE), according to an audit released today by State Comptroller Thomas P. DiNapoli. Auditors found DOE was lax in requiring that safety plans were filed on time by schools and policies did not routinely align regulations with state requirements, causing gaps and inconsistencies.

Auditors Find Safety Hazards at Pre-K Facilities in New York City

An examination of the New York City’s Department of Education’s (DOE) oversight of Universal Pre-Kindergarten (UPK) programs found classrooms with potential fire and safety hazards, toxic cleaning supplies and peeling paint, according to an audit released today by State Comptroller Thomas P. DiNapoli.

DiNapoli and James Announce Guilty Plea of Former New York City Council Candidate in Straw Donation Scheme

NEW YORK - New York State Comptroller Thomas P. DiNapoli and Attorney General Letitia James today announced that former New York City Council candidate Albert Alvarez pleaded guilty to Offering a False Instrument for Filing in the Second Degree, a class A misdemeanor, in the Supreme Court of New York County. Alvarez previously served as Chief of Staff to New York City Council Majority Leader Joel Rivera. In 2013, Alvarez ran for Rivera’s seat in the 15th New York City Council District, but he was unsuccessful in the Democratic primary.

DiNapoli: MTA Faces Its Greatest Challenges in Decades

The Metropolitan Transportation Authority (MTA) has been slow to reverse the deterioration in service and its financial plan entails considerable risk, according to an analysis released today by New York State Comptroller Thomas P. DiNapoli. The Comptroller's annual report on the MTA's financial outlook highlights the challenges facing the MTA.

DiNapoli: NYC Tax Collections Stronger Than Anticipated

New York City is projecting a surplus of $3.5 billion in fiscal year (FY) 2019, which it plans to use to help balance the $92.5 billion proposed 2020 budget, but tax collections continue to exceed expectations. The surplus results mostly from resources from the citywide savings program, a reduction in unneeded reserves in the current fiscal year and higher-than-expected revenues, according to a report released today by State Comptroller Thomas P. DiNapoli.

New York City Construction Industry Booming

The construction industry in New York state has set employment records for four consecutive years with New York City accounting for half of the state’s construction job gains since 2010, according to a report released today by State Comptroller Thomas P. DiNapoli.

DiNapoli Releases Economic Snapshot of Long Island Highlighting Growth and Challenges

Many of Long Island’s 2.8 million residents enjoy a high quality of life, marked by low unemployment, low crime rates, strong public schools and infrastructure improvements, but they also contend with high taxes and home prices, and challenging commutes, according to a report on the Island’s economy released today by New York State Comptroller Thomas P. DiNapoli.