News from the Comptroller
DiNapoli: Poughkeepsie Facing Severe Fiscal Stress
Inaccurate budgeting has created an $11 million general fund deficit in the city of Poughkeepsie, according to an audit issued by State Comptroller Thomas P. DiNapoli. The report also found the city’s debt burden has increased 45 percent over the past five years. More...
DiNapoli Releases Report on Proposed NYS DREAM Act
New York State Comptroller Thomas P. DiNapoli released a report today estimating the cost and economic benefits of the proposed New York State Development Relief and Education for Alien Minors (NYS DREAM) Act, which would increase access to financial aid for undocumented college students. More...
DiNapoli: Towns Can Better Monitor Asphalt Projects
Towns in New York tracked the accuracy of asphalt pricing for local roadway projects, but they need to do a better job of ensuring that paving materials match project specifications, according to an audit of ten towns across the state released by State Comptroller Thomas P. DiNapoli. More...
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Wall Street Bonuses Up in 2012
The 2012 bonus pool grew by 8%, to $20 billion, over last year yet the industry has seen a net loss of almost 20,000 jobs since the start of the financial crisis in 2008. It’s further indication of a financial industry still in transition. More…