As New York’s Chief Financial Officer, Comptroller DiNapoli provides independent and fact-driven analysis with a focus on the fiscal impact of statewide issues and the financial condition of our state, local governments and school districts. Comptroller DiNapoli closely monitors New York City, one of the nation’s economic engines which faces unique challenges.
The Comptroller’s audits also determine whether agencies and public authorities have effective controls in place to prevent waste, fraud and abuse of taxpayer dollars and provide recommendations to improve efficiency and effectiveness.
More Older Adults Calling NYC Home
New York City’s 65 and older population grew by nearly half a million seniors in the last two decades, an increase of 53%, according to a report by Comptroller DiNapoli. Much of the growth was led by Asian, Hispanic and Black seniors calling the city home, along with more seniors born outside the U.S. With a record-high senior population, the Comptroller warns city funding must keep pace with demand to support critical services for older adults in the future.
“Many older adults are living on fixed incomes, and no one wants to see them priced out of their homes because of a lack of supportive services,” DiNapoli said. “It’s imperative that the city’s Department for the Aging has the funding necessary to provide critical programs and services that improve affordability, safety and access to care. Many may not realize the senior population has grown substantially and is far more diverse now, which means a special focus on reaching seniors in multiple communities and languages is needed.”
Comptroller DiNapoli's Statement on New York City Preliminary Budget
"New York City’s Fiscal Year (FY) 2025 $116.9 billion preliminary budget confirms the city’s finances are improving. Over $3 billion in better than projected revenue and $2.4 billion allocated but not spent on asylum seekers through June 30, 2026 will be used to fund additional spending in FY 2025 and balance the budget in FY 2026. More resources will also be used to fund relatively small additions to the city’s workforce in areas of need or for expanded services," DiNapoli said.
Syracuse Man Arrested for Allegedly Stealing Over $21,000 in Pension Checks Meant for His Deceased Mother
A Syracuse man was arrested for allegedly stealing over $21,946 in state pension payments meant for his deceased mother, Comptroller DiNapoli and the New York State Police announced. He is charged with grand larceny.
Two Poughkeepsie Women Arrested for Stealing NYS Pension Checks From Deceased Pensioner
Two Poughkeepsie women allegedly cashed seven pension checks totaling $8,600 meant for one of the defendants’ deceased mother, Comptroller DiNapoli, Dutchess County District Attorney Anthony Parisi and Dutchess County Sheriff Kirk Imperati announced. The two defendants are charged with grand larceny.
Former Village of Candor Mayor Pleads Guilty to Stealing From the Village
Comptroller DiNapoli and the New York State Police announced that the former Village of Candor Mayor plead guilty to stealing $23,000 from the village.
State Tax Receipts Outpaced Projections Through December
State tax receipts totaled $79.9 billion through the first three quarters of State Fiscal Year 2024-25, $1.2 billion higher than estimates released in the Division of the Budget’s Mid-Year Update to the Enacted Budget Financial Plan. On a year-over-year basis, collections were $5.5 billion higher than those through December 2023, according to the monthly State Cash Report released by Comptroller DiNapoli.
School District Tax Levy Cap at 2%
Property tax levy growth for New York’s school districts and 10 cities will remain capped at 2% for the fourth year in a row, according to data released by Comptroller DiNapoli.
Remembering the Legacy of
Dr. Martin Luther, King Jr.
Dr. Martin Luther King, Jr. continues to inspire generations to protect freedom and stand up for equality, justice and peace. His voice still echoes in our hearts, reminding us that all things are possible when we stand together in the face of adversity and continue to work to make the promises of democracy real. As he once said, "We must walk on in the days ahead with an audacious faith in the future.”
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