Comptroller: Local governments face grim fiscal reality
A report from the state comptroller finds local governments in New York are struggling financially. Around 10 percent are running deficits or suffering from cash flow problems, and there is no end in...
View ArticleComptroller DiNapoli: I can work with Spitzer if he wins
State Comptroller Thomas DiNapoli says he thinks he can work with Eliot Spitzer, should the former governor win the post of New York City comptroller, even though he is supporting his opponent in the...
View ArticleDiNapoli wants to invest into more NY-based companies
The state comptroller says he’s looking for more start up companies and entrepreneurs to invest in, as part of a partnership between the state’s pension fund and private equity managers. Comptroller...
View ArticleReport shows DC dysfunction may decrease Wall Street profits
A report by the state’s comptroller finds that the dysfunction in Washington may take a bite out of Wall Street profits for the remainder of this year. The analysis by New York state Comptroller Tom...
View ArticleComptroller says public financing plan has serious flaws
The state’s top accountant says a test public campaign finance plan that would apply only to his office is seriously flawed, and might even be unworkable. The budget provision, which first surfaced...
View ArticleComptroller opts out of public campaign finance pilot, says program is flawed
The state’s comptroller says he won’t be participating in a new pilot public campaign finance program agreed to in the state budget, and government reform groups say they don’t blame him. Saying he...
View ArticleYour town or school's fiscal stress score, mapped
How stressed out is the checkbook in your hometown or school district? The New York comptroller's office recently finished scoring nearly 2,300 governments and school districts and tabulated their...
View ArticleOnondaga County's Bob Antonacci running for NY comptroller
Onondaga County’s top financial officer will challenge his state-wide counterpart in the November election. Bob Antonacci says he can use the comptroller post to turn around New York. Antonacci, the...
View ArticlePublic campaign finance showing signs of life
Gov. Cuomo is facing pressure to revive an issue that failed in state budget negotiations -- enacting a public campaign financing system for statewide elections. In the final budget deal, Cuomo agreed...
View ArticleDiNapoli says he's doing more than other comptrollers to fight graft
New York's top fiscal watchdog says he has been directly involved in fighting political corruption in the state. His opponent for state comptroller in November's election says otherwise. Thomas...
View ArticleSkelos says no contradictions with candidate using public campaign finance
The leader of the state Senate Republicans offered some hope that New York’s public campaign finance system could be expanded before the session is over. Senate GOP Leader Dean Skelos says talks are...
View ArticleAudit finds Camillus fire department spent too much
The volunteer fire department in Camillus spent more than it should have over a two year period, a state audit has found. The all-volunteer department just west of Syracuse spent several thousand...
View ArticleFirst half statewide sales tax revenue increases overall, but some counties...
Overall, sales tax revenue in New York increased for the first half of this year, but revenues were mixed across the state. Across the board, New York saw sales tax revenue grow $177 million over the...
View ArticleFailed public campaign finance experiment hampers comptroller's race
An experimental public campaign finance system for the state comptroller’s race has fizzled, after the lone candidate who applied for the program failed to meet the minimum threshold to obtain public...
View ArticleAntonacci fails in publicly financed campaign bid, but has no regrets
The first experiment with the state’s new public campaign financing law went out with a whimper. The method of parlaying private dollars into a public match fell short in the race for the state...
View ArticleComptroller warns not to confuse budget windfall with surplus
State Comptroller Tom DiNapoli says $5 billion in extra money that New York is reaping from bank settlements should not be viewed as a surplus, and should not be spent as though there will be more...
View ArticleEmpire State Development commissioner calls comptroller's report 'flawed'
The head of New York state’s economic development agency says a recent report questioning its success is flawed. In his testimony to a state Legislature budget hearing, outgoing Empire State...
View ArticleReform groups say failed public finance experiment should be a wake-up call...
The New York State Board of Elections recently issued its final report on an experimental public campaign finance system that had no participants. Government reform groups say it’s another sign that...
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