This Week: New York State Comptroller DiNapoli Issues NYC Adopted Budget Report

Comptroller DiNapoli Issues NYC Adopted Budget Report

New York City’s $127.8 billion fiscal year (FY) 2027 budget, inclusive of prepayments of certain expenses, is nearly $5.9 billion more than projected at the same point last year, a significant increase that includes addressing known costs that were left out of previous financial plans. While the city was able to achieve budgetary balance in FY 2027, it shows a structural imbalance that could worsen if sustainable solutions are not found, according to a report released by Comptroller DiNapoli.

Comptroller DiNapoli presented his findings at the August 12, 2026 meeting of the New York City Financial Control Board.

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Read Comptroller DiNapoli's Full Remarks

Audit Finds Improvements Needed in Oversight of Recycling Facilities

An audit by Comptroller DiNapoli found the Department of Environmental Conservation (DEC) lacks reliable information on how much material is recycled across New York State. Auditors found missing reports, inaccurate data and inconsistent oversight of recycling facilities are limiting the state’s ability to accurately measure recycling efforts and track progress toward its environmental and emissions reduction goals. According to DEC, solid waste accounts for about 12% of New York’s greenhouse gas emissions. The audit examined whether DEC’s monitoring, inspection, and enforcement actions provided adequate oversight of recycling facilities.

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S T A T E   A G E N C Y   A U D I T S

• Department of State – Office for New Americans: Connecting and Providing Immigrants With Legal Services

• New York City Administration for Children’s Services & New York City Department of Youth and Community Development – Identifying, Reporting, and Providing Services for Youth at Risk of Sexual Human Trafficking in New York City

• State Education Department – English Language Learners Programs (Follow-Up)

• State Education Department (Preschool Special Education Audit Initiative) – William T. Dillon Child Study Center at St. Joseph’s University, New York: Compliance With the Reimbursable Cost Manual

• Olympic Regional Development Authority – Security Over Critical Payment Systems

M U N I C I P A L  &  S C H O O L   A U D I T S

• Blue Point Fire District – Financial Management

• Moravia Joint Fire District – Procurement

• Big Flats Fire District No. 1 – Procurement

• Deansboro Fire District – Claims Auditing

• Holley Central School District – Building Access

• Red Hook Central School District – Building Access

• Batavia City School District – Building Access

• Central Square Central School District – Building Access

• North Collins Central School District – Building Access

• Orange-Ulster Board of Cooperative Educational Services – Building Access

• New York Mills Union Free School District – Building Access

A L S O  I N  T H E  N E W S

• Mamdani’s first NYC budget gets cheers for bookkeeping, jeers for big budget gaps, from state oversight board
• Report: New York has a solid waste management problem
• New York failed to maximize housing spending for veterans
• State Comptroller Report Reveals New Trends About NYC Business Costs
• Homelessness proving to be an intractable problem

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