News from the Comptroller
DiNapoli: Local Governments and School Districts Hit Hard by the Great Recession
Local governments and school districts across New York have lost a significant amount of revenue as a result of the Great Recession, according to the 2010 Annual Report on Local Governments released today by New York State Comptroller Thomas P. DiNapoli...more
DiNapoli: BOCES Mishandled Taxpayer and District Monies
Six Boards of Cooperative Education Services (BOCES) maintained $79 million in unauthorized or overfunded reserve funds, and failed to inform participating school districts as to why the funds were needed or what they would be used for, according to an audit released today by New York State Comptroller Thomas P. DiNapoli...more
DiNapoli: Budget Assumptions Could Leave State Scrambling
New York State Comptroller Thomas P. DiNapoli today warned that $4.8 billion in optimistic budgetary assumptions could result in a current year deficit unless state spending is tightly controlled...more
DiNapoli: NYRA Facing Insolvency Without VLT Revenues
The New York Racing Association (NYRA) is facing financial insolvency in 2011 if revenues from the video lottery terminal (VLT) racino at Aqueduct Race Track fail to materialize and expenses are not curtailed, according to an audit released today... more
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State Medicaid System Wastes Millions
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