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NYS Comptroller

THOMAS P. DiNAPOLI

Press Releases

June 20, 2014, Contact: Press Office (518) 474-4015

New York State Comptroller Thomas P. DiNapoli Statement on Fitch Ratings' Upgrade of NYS General Obligation Bonds

“New York state is in its strongest financial condition in years, and today's upgrade by Fitch Ratings, following a similar upgrade by Moody’s Investors Service, is the latest indication of that improvement. While further steps to achieve structural budget balance are essential, I applaud the progress the Governor and the Legislature and our well-funded pension plan have made to strengthen the state’s cash position and reduce projected budget gaps.”

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