Audit Finds Better Data Privacy Safeguards Needed at NYC Public Schools
A recent audit from Comptroller DiNapoli found NYC Public Schools should improve privacy and security controls of student data, and strengthen its policies related to data classification, risk assessment, and backup and recovery of data. Comptroller DiNapoli issued several recommendations to better protect student data, including the creation of a comprehensive software inventory.
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Incomes for Many New Yorkers Not Keeping Pace with Inflation
According to a report by Comptroller DiNapoli, median household incomes increased in every county from 2019 to 2024, yet failed to keep pace with a 23.1% inflation rate. This surge in the cost of living has resulted in a decline in "real" income, negatively impacting the quality of life for many residents. Comptroller DiNapoli emphasized that addressing the state’s affordability challenges and increasing the growth of well-paying jobs are essential to ensuring New Yorkers have the opportunity to thrive.
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Comptroller DiNapoli and DFS Designate New Banking Development District in Towns of Shandaken and Olive
Comptroller DiNapoli and Department of Financial Services Acting Superintendent Kaitlin Asrow announced the designation of the towns of Shandaken and Olive as a Banking Development District. This program is designed to incentivizes financial institutions to open or maintain banking branches in underserved areas across New York. The Office of the State Comptroller deposited $10 million into the Ulster Savings Bank branch in Phoenicia as part of this program, which will increase access to essential banking services, expand access to credit, support local businesses, and promote long-term economic growth in these local communities.
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Comptroller DiNapoli Releases Budget Review for the City of Buffalo
The City of Buffalo faces a projected general fund budget deficit of approximately $103 million in the 2026-27 fiscal year, in part, because the city historically has adopted budgets that relied on nonrecurring revenues to fund operations and underestimated expenditures, according to a budget review released by Comptroller DiNapoli.
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Former Director of Central New York Nonprofit Arrested for Alleged Theft of $79,000
The former executive director of Girls On The Run of Central NY was charged with allegedly stealing more than $79,000 from the non-profit organization, Comptroller DiNapoli and New York State Police Superintendent Steven G. James announced. The defendant was charged with grand larceny in the second degree.
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This Week in Pictures
A L S O I N T H E N E W S
- Editorial: Don’t sideline the state comptroller
- State audit slams NYC schools for lack of student data privacy oversight
- Hudson Valley towns designated a New York state banking development district
- Nearly $1M in lost funds returned to Staten Islanders as part of state program
- Former director of CNY nonprofit accused of stealing $79K from organization
- Incomes for many New Yorkers not keeping up with inflation, state comptroller report says
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P O S T O F T H E W E E K
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