Saturday, April 18, 2026

State Comptroller Thomas P. DiNapoli This Week: MTA Weekend Ridership Recovery Outpaces Weekdays

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MTA Weekend Ridership Recovery Outpaces Weekdays Across the Board

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Weekend ridership recovery across Metropolitan Transportation Authority (MTA) services has risen faster than weekdays since the pandemic ended, with average ridership near 2019 levels and even exceeding it at times according to a report released by Comptroller DiNapoli.

“Weekend ridership recovery has been a bright spot for the country’s largest transportation system,” DiNapoli said. “The MTA should continue to focus on increasing the reliability and frequency of service on weekends to meet the ongoing rise in demand. The authority can also work with its partners in government to address fare evasion’s impact on fare revenue, and focus on improvements in those areas where ridership recovery continues to fall short.”

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Comptroller DiNapoli Urges Vote Against eXp's Proposed Move to Texas and All Company Directors

The New York State Common Retirement Fund and Comptroller DiNapoli, trustee of the fund, is urging investors to vote against a measure to reincorporate eXp World Holdings Inc., the cloud-based real estate brokerage, from Delaware to Texas and against all company directors after a Delaware judge ruled that a lawsuit be allowed to proceed against certain company officers and directors, including its founder and CEO Glenn Sanford, for allegedly concealing a pervasive “rape culture” at the company. Texas law limits shareholders’ rights to hold companies accountable.

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New York Farms and Farmland Decreased at a Higher Rate Than Nationally in 2025

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According to data released by the U.S. Department of Agriculture in February 2026, New York lost 500 farms and 100,000 acres of farmland between 2024 and 2025. While the U.S. also experienced losses in this time period, the 1.6 percent loss of farms in New York was double the national rate of 0.8 percent, and the 1.5 percent decline in farmland was five times the national rate.

Comptroller DiNapoli has recommended in a prior report that State policymakers consider additional support for direct-to-customer and direct-to-institution marketing, helping farmers increase the share of New York-produced food that is sold in the state; continued research and services for climate mitigation measures and climate change resistant crops; and supporting new farmers by providing training, access to land and other necessary inputs.

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State Tax Collections Exceeded Estimates for SFY 2025-26

Tax collections for State Fiscal Year (SFY) 2025-26 totaled $127.5 billion, $2.3 billion higher than estimates made by the Division of the Budget in the 30-day amendments to the SFY 2026-27 Executive Budget financial plan, according to the March State Cash Report released by Comptroller DiNapoli.

“The state’s tax collections exhibited strong growth in the last fiscal year but economic growth, particularly employment, is projected to slow,” DiNapoli said. “Federal actions and geopolitical conflicts are injecting volatility into the economy that may affect future tax collections. State policymakers should utilize caution and ensure that the enacted budget for this fiscal year accounts for these risks.”

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