State Comptroller Thomas DiNapoli released a report concerning the financial condition of the City of Albany.
The report shows - that Albany has a high level of poverty - and unable to collect taxes on 59 percent of the properties which are tax-exempt, plus 17 percent of other city properties that are vacant. Mayor Kathy Sheehan warns Albany faces a $16 million budget shortfall this year
Two resolutions concerning the Indian Point nuclear power plant are on the agenda of Entergy’s annual shareholder meeting Friday. One is from the New York State comptroller, the other from an Ulster County resident.
New York's comptroller says the state is in a favorable financial position, but relies heavily on borrowing and temporary resources.
Comptroller Thomas DiNapoli released a report Monday showing the fiscal year-end general fund balance of $2.2 billion was $432 million more than projected in February and the state put money in a "rainy day fund" for the first time since 2008.
DiNapoli says the new budget relies on $4.9 billion in temporary state resources and $2.7 billion in federal aid related to Superstorm Sandy and the Affordable Care Act.
Governor Andrew Cuomo and New York lawmakers are being criticized by good-government advocates for a budget agreement that tests public campaign financing only with the state comptroller’s race, and only for one year.
"The comptroller-only plan that was passed late last night is really very flawed." Common Cause New York Executive Director Susan Lerner says it's back to business as usual with the governor's blessing.
The $140 billion spending plan signed Tuesday morning includes testing public campaign finance in the state comptroller race this year.
Thursday afternoon, more than 100 New Yorkers, led by a coalition of environmental activist groups, delivered 11,000 signatures on a petition to the Comptroller’s office in Manhattan, urging Thomas DiNapoli to overhaul pension fund investments.
New York State officials have announced guilty pleas by former Troy Housing authority employees.
Attorney General Eric Schneiderman and Comptroller Tom. DiNapoli announced that William Meissner and Roger Rosenthal, former Troy Housing Authority employees, pled guilty to defrauding the New York State Retirement System . Rosenthal retired from the Troy Housing Authority in 2005 and began collecting a full pension with the NYSRS, then went back to working as a supposed ‘consultant’ with the Authority, collecting more than $200,000 in a three-year period in addition to the pension.
New York state's comptroller reports local sales tax collections statewide rose $739 million or 5.2 percent last year, exceeding the 3.3 percent increase in 2012.
In the annual report released Thursday, state tax data from all 62 counties show New York City was responsible for much of the gain, with sales taxes up $406 million or 6.8 percent.
Comptroller Thomas DiNapoli says that's partly due to rebuilding after Hurricane Sandy, though collections from retail sales have rebounded significantly in the city since the recession, up almost 38 percent since 2009.
An upstate village may have put itself in line for an audit from the State Comptroller.
The Greene County village of Catskill could be audited, and could even lose grant money after failing to file a report on its fiscal year.
State Comptroller Tom DiNapoli’s current "fiscal stress report" found that out of 535 villages across the state, 15 of them, including Red Hook in Northern Dutchess County, were under some level of fiscal stress.