State Comptroller Thomas P. DiNapoli today announced the details of the upcoming New York state General Obligation bond issue totaling $541.1 million. A competitive sale of tax-exempt and taxable bonds is scheduled for March 18. The state expects to sell $347.8 million of new money for transportation, education and environmental purposes and, depending on market conditions, $193.3 million to refund a portion of certain outstanding General Obligation bonds to reduce the state’s debt service costs.

New York State Comptroller Thomas P. DiNapoli and Department of Financial Services Superintendent Adrienne A. Harris today announced the approval of Spring Bank’s Red Hook Branch as a Banking Development District (BDD) and deposited $10 million in public funds to the bank.

The New York State Office of Temporary and Disability Assistance (OTDA) can take steps to improve its efforts to ensure survivors of human trafficking receive the services and assistance available to them, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.

A new report by State Comptroller Thomas P. DiNapoli details New York’s financial impact from the 2022 Inflation Reduction Act (IRA), including close to $2 billion in funds for environmental and energy purposes that could help lower costs to consumers during New York’s transition to clean energy. DiNapoli warns there is now significant uncertainty about whether this funding will continue after a new executive order issued by President Trump.

The New York City Metropolitan Area accounted for more than $103 billion, or 69%, of the value of goods imported to New York state. In 2023, Europe provided the largest share of goods by value to the metropolitan area among all regions, according to a report released today by New York State Comptroller Thomas P. DiNapoli.

State Comptroller Thomas P. DiNapoli, Wayne County District Attorney Christine Callanan and the New York State Police announced William Storrs, a former fire chief and treasurer, was arrested today for stealing $101,000 from the Marbletown Volunteer Fire Department in Newark, New York.

New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.

New York City increased its expectations for its surplus in fiscal year (FY) 2025 to $2.34 billion, largely as a result of stronger tax revenue projections and a reduction in the cost of providing services to asylum seekers, which will help balance its $116.9 billion FY 2026 budget, according to a report released today by State Comptroller Thomas P. DiNapoli.

The New York State Department of Environmental Conservation (DEC) should improve oversight and enforcement of compliance with the state’s dam safety regulations to guard against potential costly and life-threatening failures, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.

The expiration of one-time federal pandemic aid, combined with state aid that has not kept pace with inflation and slower growth in local revenue may push some local governments closer to the edge of a fiscal cliff, according to a report released today by State Comptroller Thomas P. DiNapoli. The report provides an overview of these revenue sources and how they have affected local budgets in recent years.