State Comptroller Thomas DiNapoli just announced approval of a $3.14 billion contract for construction of a new Tappan Zee Bridge. Read More
Tag: Thomas P. DiNapoli
Is Wall Street roaring back — as a revenue-generating force for New York’s insatiable state and city governments, that is? You might get that impression from glancing at today’s press release from state Comptroller Thomas DiNapoli, which headlines the finding that the average bonus for securities industry employees in New York “grew by 15 percent to $164,530 in 2013, which is the largest average bonus since the 2008 financial crisis, and the third highest on record.” Read More
The New York State and Local Retirement System (NYSLRS) closed its most recent fiscal year with a return of just 5.96 percent — well below the 7.5 percent target rate used to discount its long-term liabilities. Read More
In 2008, around the time the Empire Center launched its transparency website SeeThroughNY, state Comptroller Thomas DiNapoli was moving on the same track with the creation of OpenBookNewYork. Read More
Attorney General Andrew M. Cuomo and Comptroller Thomas P. DiNapoli are being honored with the 2008 SeeThroughNY Award for Promoting Transparency in Government, the Empire Center for Public Policy announced today. Read More
New York State's 2010-11 2011-12 fiscal year appears to be off to a good start. Tax collections for the first quarter of the year were nearly $800 million above Governor Andrew Cuomo's initial budget projections, according to the June cash report posted today by state Comptroller Thomas DiNapoli. Read More
"New York has always paid its pension bills on time," state Comptroller Thomas DiNapoli boasted yesterday, in the state pension fund's 14.6 percent return on assets during the fiscal year that ended March 31. But in fact, under a 2010 law champio Read More
Public schools in New York are awfully expensive, and their costs continue to rise at a pace that taxpayers can't afford. So how can schools cope with a needed reduction in state aid? Governor Andrew Cuomo has a simple and blunt prescription: "less... Read More