New York State Comptroller Thomas DiNapoli

WAMC Photo by Dave Lucas

Wall Street is gaining ground despite recent economic developments, according to a report by New York State Comptroller Tom DiNapoli.

Saratoga County Sheriff's Office

The Saratoga Springs City School District made headlines twice this week. The district has responded to the arrest of its school board president and a critical audit from the state comptroller’s office.

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New York State Comptroller Tom DiNapoli is out with his Fiscal Stress Monitoring Report, which grades municipalities based on financial information and environmental data.   The City of Albany is among the localities tagged as under fiscal stress.

More than 150 years after the end of the Civil War, secession was on the minds of protesters in New York this weekend. Hundreds turned out for a rally in Bainbridge in Chenango County. Many live within miles of the Pennsylvania border and believe secession could have a large economic impact on their communities.

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New York's comptroller says the foreclosure crisis persists in the state, even worsening in some upstate areas.

WAMC Photo by Dave Lucas

The New York pension fund for state and local government workers shows an investment return of less than 1 percent for the last quarter with an estimated value of $182.5 billion.

DiNapoli Not Considering Gubernatorial Run

Jul 31, 2015
WAMC Photo by Dave Lucas

State Comptroller Tom DiNapoli says he has no interest in challenging New York Governor Andrew Cuomo in a primary in three years, saying he prefers to seek reelection.

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The office of New York Comptroller Thomas DiNapoli says some $606,000 in legal defense fees incurred by ex-Senate Leader Joseph Bruno are unjustified and shouldn't be reimbursed by taxpayers. But - in a letter Wednesday DiNapoli's office said it has approved another $1.8 million for Bruno's legal expenses.

The 86-year-old Rensselaer County Republican was acquitted last year on charges that he took bribes to direct state grants to a businessman. Bruno has sought state reimbursement for $2.4 million of his legal bills.

A late state budget was once an annual occurrence in Albany, much like the Tulip Festival, but that tradition came to an end when New York Governor Andrew Cuomo took office. There have been four on-time budgets since 2011. That streak could be in jeopardy this year as the governor is putting his demands for ethics reform in the state budget. On WAMC's Capitol Connection this week, State Comptroller Democrat Thomas DiNapoli told Alan Chartock what a late budget could mean for the state.

Joseph Spector - Politics on the Hudson

A review of New York state's main economic development agency says it needs to do more to evaluate whether its programs are helping the economy.

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The New York state Comptroller has designated more than 13 percent of school districts as fiscally stressed. A few districts in the Hudson Valley are on the list.

New York Comptroller Thomas DiNapoli addressed the veto of a Port Authority reform bill by Governor Chris Christie of New Jersey and Governor Andrew Cuomo of New York on this week's Capitol Connection.

The New York State comptroller says a commission should be set up to evaluate whether New York lawmakers should get a salary increase next year.

The state comptroller says the $5 billion in extra money that New York is reaping from the bank settlements should not be viewed as a surplus, and should not be spent as though there will be more money coming in the future.

NYS Comptroller Reviews Rockland's Prelim Budget

Nov 14, 2014
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The New York state comptroller has reviewed Rockland County’s proposed budget for 2015.

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Troy is wrestling with a proposed $66.1 million spending plan for 2015. The Collar City is trying to keep the books from falling in the red.

The State Comptroller's Office advised the city last Friday that a 2014 budget deficit could lead to the return of a financial control board, which would assume oversight of the city's spending. Officials say such an oversight could occur in 2015 once the city closes its books for 2014.

According to a news release from New York Comptroller Thomas DiNapoli, the former clerk of the town of Rosendale justice court stole nearly $6,000 in cash from collections without detection.

The findings were uncovered in an audit by the Comptroller’s office.

The clerk, Trudy Harper, was arrested in June and charged by Ulster County District Attorney D. Holley Carnright with third degree grand larceny, a class D felony. Harper is due back in Saugerties Town Court on Dec. 10.

Comptroller DiNapoli.
Photo by Pat Bradley

 An experimental public campaign finance system for the state Comptroller’s race has fizzled, after the lone candidate who applied for the program failed to meet the minimum threshold to obtain the public monies.

The pilot public campaign financing program was limited to just the state Comptroller’s race as part of a state budget deal.

It was widely condemned at the time by reform groups as fatally flawed. Blair Horner of the New York Public Interest Research Group called it “cynical.”

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The test of public campaign financing in the New York comptroller race has proved ineffective, with the incumbent declining to participate and the challenger falling short of the thresholds that would parlay his $200,000 into $1.2 million.

Republican Robert Antonacci has raised more than $200,000 so far, meeting the minimum required to receive 6-to-1 state funding for his bid to become the state's chief financial officer.

But about $50,000 of that comes from donations greater than $175, too large to be counted.

In the race for New York state comptroller, Democrat Tom DiNapoli faced off against Republican challenger Bob Antonacci in their only debate Wednesday evening.

New York State Comptroller Thomas DiNapoli recently released a report detailing the most fiscally stressed communities in the state, and one city in Saratoga County is near the top of the list.

In late September, the comptroller’s office released a report developed through DiNapoli’s Fiscal Stress Monitoring System, showing about three dozen municipalities in New York are fiscally stressed.

A version of the report was also released last year. This year’s made determinations based on the 2013 fiscal year.

With election day approaching, Andrew Cuomo maintains his strong lead over Republican challenger Rob Astorino in the race for governor of New York. Comptroller Tom DiNapoli, a narrow winner four years ago, appears to be coasting to re-election against Bob Antonacci. But according to the latest poll,  Attorney General Eric Schneiderman is losing ground to challenger John Cahill.

Baby Boomers in New York State's workforce are set to deliver a whopping $179 billion a year to the state's economy in their retirement — if they stay put, that is. An AARP paper out this week says that 60 percent of New York's working Boomers could be headed out of state, taking $105 billion annually with them.

New York state agencies racked up more than $316 million in overtime in the first six months of 2014, continuing a recent trend of sharply higher overtime costs for taxpayers.

The startling numbers come from a mid-year report issued Tuesday by state Comptroller Thomas DiNapoli, who says the increase is troubling and should be addressed.  Spending has skyrocketed $22 million over the same period in 2013.

New York state agencies racked up more than $316 million in overtime in the first six months of 2014, continuing a recent trend of sharply higher overtime costs for taxpayers.

The numbers come from a report issued Tuesday by state Comptroller Thomas DiNapoli, who says the increase is troubling and should be addressed.

DiNapoli says the state is on pace to spend nearly two-thirds of a billion dollars on overtime this year. That would be $30 million more than in 2013, when overtime costs were up nearly 16 percent over 2012.

Comptroller DiNapoli, at right.
WAMC photo by Dave Lucas

A key New York union has made a political endorsement public.

The nearly 300,000-member Civil Service Employees Association represents state and local government employees, school district employees, child care providers and private sector employees throughout New York State. CSEA President Danny Donohue:    "We're all proud to be here today, endorsing our candidate for Comptroller, DiNapoli. We did it four years ago, we're proud to be here today."

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  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 NY Resolutions Are On Entergy's Meeting Agenda

May 1, 2014
WAMC, Allison Dunne

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.

Joseph Spector - Politics on the Hudson

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.

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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.

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