Thomas DiNapoli http://wrvo.org en DiNapoli trying to reduce account of unclaimed funds http://wrvo.org/post/dinapoli-trying-reduce-account-unclaimed-funds <p></p><p></p><p></p><p>New York’s Comptroller Thomas DiNapoli is trying to whittle down a fund of abandoned or unclaimed money owed to&nbsp;both individuals and municipalities.</p><p>DiNapoli’s office says there are more than 31 million accounts in the state with money sitting in them. It can be a utility deposit or old bank account that sat unused too long and was turned over to the state.</p><p>About 10,000 of those unclaimed funds belong to towns and cities throughout the state, worth more than $5 million.</p> Wed, 18 Jun 2014 12:44:25 +0000 Ryan Delaney 57506 at http://wrvo.org DiNapoli trying to reduce account of unclaimed funds DiNapoli urges New Yorkers to take advantage of state college saving plans http://wrvo.org/post/dinapoli-urges-new-yorkers-take-advantage-state-college-saving-plans <p></p><p>State Comptroller Tom DiNapoli is urging New Yorkers to invest in a 529 College Saving Program, which helps families save money for college tuition. DiNapoli says parents, grandparents and others can open an account for a child, and receive tax credits of up to $10,000 annually for their contributions.</p><p>More than 800,000 529 College Saving Program accounts have been set up in New York, but DiNapoli says many more could take advantage of the program.</p> Tue, 03 Jun 2014 20:00:00 +0000 Gino Geruntino 56772 at http://wrvo.org DiNapoli urges New Yorkers to take advantage of state college saving plans Schneiderman, DiNapoli earn Democratic Party nod for fall races http://wrvo.org/post/schneiderman-dinapoli-earn-democratic-party-nod-fall-races <p></p> Thu, 22 May 2014 11:26:59 +0000 Karen DeWitt 56173 at http://wrvo.org Schneiderman, DiNapoli earn Democratic Party nod for fall races New York Democratic Convention to nominate incumbents, announce Lt. Gov. candidate http://wrvo.org/post/new-york-democratic-convention-nominate-incumbents-announce-lt-gov-candidate <p></p> Wed, 21 May 2014 11:28:31 +0000 Karen DeWitt 56114 at http://wrvo.org DiNapoli says he's doing more than other comptrollers to fight graft http://wrvo.org/post/dinapoli-says-hes-doing-more-other-comptrollers-fight-graft <p></p><p>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.</p> Thu, 15 May 2014 19:25:19 +0000 Ryan Delaney 55827 at http://wrvo.org DiNapoli says he's doing more than other comptrollers to fight graft Public campaign finance showing signs of life http://wrvo.org/post/public-campaign-finance-showing-signs-life <p></p><h1>Gov. Cuomo is facing pressure to revive an issue that failed in state budget negotiations -- enacting a public campaign financing system for statewide elections.</h1><p>In the final budget deal, Cuomo agreed with legislative leaders to a pared-down public campaign finance system that would apply only to the state comptroller’s race, and sunset after this year.</p><p>The governor was immediately condemned by government reform groups who said the pilot program was cynically designed to fail. But Cuomo defended the deal, saying advocates were looking at the glass half empty.</p> Mon, 12 May 2014 10:52:34 +0000 Karen DeWitt 55634 at http://wrvo.org Onondaga County's Bob Antonacci running for NY comptroller http://wrvo.org/post/onondaga-countys-bob-antonacci-running-ny-comptroller <p></p><p>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.</p><p>Antonacci, the Republican Onondaga County comptroller, is a lawyer and certified public accountant. He says his background on the county level has prepared him for Albany.</p><p>He was asked last week by state GOP officials to challenge Democrat Thomas DiNapoli.</p> Thu, 08 May 2014 10:16:38 +0000 Ryan Delaney 55429 at http://wrvo.org Onondaga County's Bob Antonacci running for NY comptroller Your town or school's fiscal stress score, mapped http://wrvo.org/post/your-town-or-schools-fiscal-stress-score-mapped <p>How stressed out is the checkbook in your hometown or school district? The New York comptroller's&nbsp;office recently finished scoring nearly 2,300 governments and school districts and tabulated their fiscal stress levels.</p><p>There are 142 municipalities in some level of fiscal stress, according to Comptroller Thomas DiNapoli.</p><p><span style="line-height: 1.5;">The comptroller says the percentage score, with 100 percent being as stressed out as a municipality can get, is an "early warning system."</span></p> Tue, 06 May 2014 18:25:47 +0000 Ryan Delaney 55321 at http://wrvo.org Comptroller opts out of public campaign finance pilot, says program is flawed http://wrvo.org/post/comptroller-opts-out-public-campaign-finance-pilot-says-program-flawed <p></p> Tue, 08 Apr 2014 10:45:32 +0000 Karen DeWitt 53916 at http://wrvo.org State lawmakers pass budget before deadline http://wrvo.org/post/state-lawmakers-pass-budget-deadline <p></p> Tue, 01 Apr 2014 11:40:45 +0000 Karen DeWitt 53565 at http://wrvo.org State lawmakers pass budget before deadline Comptroller says public financing plan has serious flaws http://wrvo.org/post/comptroller-says-public-financing-plan-has-serious-flaws <div><p>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.&nbsp;</p><p><span style="line-height: 1.5;">The budget provision, which first surfaced late Friday, would enact a pilot public campaign finance program limited to the comptroller’s office. </span></p> Mon, 31 Mar 2014 19:02:35 +0000 Karen DeWitt 53522 at http://wrvo.org Comptroller says public financing plan has serious flaws State comptroller says highway fund mostly used for state debt, operating costs http://wrvo.org/post/state-comptroller-says-highway-fund-mostly-used-state-debt-operating-costs <p></p><p>State Comptroller Tom DiNapoli says last fiscal year, less than a quarter of the state's dedicated highway and bridge trust fund was used to pay for infrastructure maintenance. He says the rest of the money was spent on state debt payments and other operating costs.</p> Mon, 10 Feb 2014 13:45:56 +0000 Gino Geruntino 51155 at http://wrvo.org State comptroller says highway fund mostly used for state debt, operating costs Is Cuomo's budget surplus for real? http://wrvo.org/post/cuomos-budget-surplus-real <p></p> Mon, 03 Feb 2014 12:11:31 +0000 Karen DeWitt 50794 at http://wrvo.org Comptroller reports state spent record amount on overtime http://wrvo.org/post/comptroller-reports-state-spent-record-amount-overtime <p></p><p>New York's state comptroller says the Cuomo administration racked up a record $611 million in overtime payments over the past year.</p><p>State Comptroller Thomas DiNapoli says the 16 percent increase in overtime payments between 2012 and 2013 comes mostly from employees in institutional settings, like prisons and psychiatric centers. The state police also paid troopers $35 million in overtime payments, at an average of over $74 an hour. &nbsp;</p><p>DiNapoli says the uptick comes at a time when state government has been downsizing employees.</p> Wed, 29 Jan 2014 04:25:00 +0000 Karen DeWitt 50544 at http://wrvo.org Comptroller reports state spent record amount on overtime Comptroller says state probably can afford tax cuts, but just barely http://wrvo.org/post/comptroller-says-state-probably-can-afford-tax-cuts-just-barely <p>State Comptroller Tom DiNapoli says he’ll need to see more details and end of the calendar year state revenue figures before deciding whether the state can afford $2 billion in new tax cuts that Gov. Andrew Cuomo is likely to propose.</p><p>Governor Cuomo says he thinks if state spending is held to a 2 percent growth rate next year, there will be enough money in the state budget to finance $2 billion worth of property and business tax cuts.</p><p>Comptroller DiNapoli says he’s not so sure it will all add up.</p> Fri, 20 Dec 2013 19:19:00 +0000 Karen DeWitt 48866 at http://wrvo.org State comptroller's audit finds double dipping at state agencies http://wrvo.org/post/state-comptrollers-audit-finds-double-dipping-state-agencies <p></p> Fri, 20 Dec 2013 13:21:27 +0000 Karen DeWitt 48862 at http://wrvo.org State comptroller's audit finds double dipping at state agencies Despite projected budget gap, Cuomo seeking tax cuts http://wrvo.org/post/despite-projected-budget-gap-cuomo-seeking-tax-cuts <p></p> Mon, 11 Nov 2013 12:37:24 +0000 Karen DeWitt 46960 at http://wrvo.org Despite projected budget gap, Cuomo seeking tax cuts Off the rolls: 27% of land in New York is tax exempt http://wrvo.org/post/rolls-27-land-new-york-tax-exempt <p></p><p>More than a quarter of all property in New York state is off the tax rolls, according to figures compiled by the state comptroller, who said it's a burden on local finances.</p><p>The 27 percent of un-taxed land in the state adds up to $680 billion in property value not being collected on, which is mostly concentrated in urban areas. The city with the most property off-limits is Rensselaer, with 65 percent.</p> Thu, 24 Oct 2013 14:22:59 +0000 Ryan Delaney 46073 at http://wrvo.org Off the rolls: 27% of land in New York is tax exempt Report shows DC dysfunction may decrease Wall Street profits http://wrvo.org/post/report-shows-dc-dysfunction-may-decrease-wall-street-profits <p></p><p>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.</p><p>The analysis by New York state Comptroller Tom DiNapoli finds the recent gridlock in Congress, higher interest rates, and the JP Morgan $13 billion settlement over bad mortgages is contributing to lower earnings and profits for New York’s financial industry.</p> Wed, 23 Oct 2013 11:37:53 +0000 Karen DeWitt 46015 at http://wrvo.org DiNapoli wants to invest into more NY-based companies http://wrvo.org/post/dinapoli-wants-invest-more-ny-based-companies <p>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.<br> Wed, 18 Sep 2013 10:50:14 +0000 Karen DeWitt 44333 at http://wrvo.org DiNapoli discusses upcoming pension rate numbers, impact on municipalities http://wrvo.org/post/dinapoli-discusses-upcoming-pension-rate-numbers-impact-municipalities <p></p> Tue, 27 Aug 2013 11:55:07 +0000 Ellen Abbott 43241 at http://wrvo.org DiNapoli discusses upcoming pension rate numbers, impact on municipalities Comptroller DiNapoli: We can't let NY cities go bankrupt like Detroit http://wrvo.org/post/comptroller-dinapoli-we-cant-let-ny-cities-go-bankrupt-detroit <p>The city of Detroit’s declaration of bankruptcy has left some in New York wondering whether any upstate cities will be next. State officials say they are trying to help with financial planning guidance, but local governments say more needs to be done.</p><p>State Comptroller Tom DiNapoli has created a fiscal stress monitoring system that measures the financial health of New York’s local governments. A preliminary report found two dozen cities, counties and villages are moderately to severely fiscally stressed.</p><p>DiNapoli say he hopes they can avoid the fate of Detroit.</p> Fri, 26 Jul 2013 17:38:02 +0000 Karen DeWitt 41702 at http://wrvo.org Comptroller DiNapoli: I can work with Spitzer if he wins http://wrvo.org/post/comptroller-dinapoli-i-can-work-spitzer-if-he-wins <p>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 contest.</p><p>DiNapoli says his endorsement of former Assemblyman and Manhattan Borough President Scott Stringer still stands.</p><p>“I can work with just about anybody,” DiNapoli said.</p><p>Though he qualified that assessment, saying he’ll have to see “how that plays out.”</p> Tue, 23 Jul 2013 12:38:37 +0000 Karen DeWitt 41498 at http://wrvo.org DiNapoli calls for changes to federal government rules for same sex couples http://wrvo.org/post/dinapoli-calls-changes-federal-government-rules-same-sex-couples <p>Comptroller Tom DiNapoli is trying to use the power of the pension fund to increase equal rights for same sex married couples, and has written a letter to President Obama.<p>DiNapoli is asking Obama to add a “place of celebration” clause to federal government rules and regulations that define benefits for married couples. Tue, 23 Jul 2013 12:05:52 +0000 Karen DeWitt 41495 at http://wrvo.org Comptroller DiNapoli: Watertown in good fiscal health http://wrvo.org/post/comptroller-dinapoli-watertown-good-fiscal-health <p>State Comptroller Tom DiNapoli came to Watertown on Wednesday to commend the city's leadership on its sound financial stewardship. DiNapoli's office is rolling out a program of annual fiscal “stress tests” for municipalities and school districts. And the comptroller said Watertown sets an example for prudent financial planning.&nbsp;</p><p> Thu, 13 Jun 2013 12:49:45 +0000 Joanna Richards 39455 at http://wrvo.org Comptroller DiNapoli: Watertown in good fiscal health Hundreds rally for stalled public campaign finance bill http://wrvo.org/post/hundreds-rally-stalled-public-campaign-finance-bill <p>Hundreds gathered at the state Capitol to rally for public financing of political campaigns. The measure remains in limbo in the state Senate and Gov. Andrew Cuomo faces questions on whether he’s working hard enough for the proposal to pass.<br><br>They came in buses from all over New York to give state lawmakers their message -- big money is corrupting politics. They say the state should adopt New York City’s public campaign finance system, which allows candidates to match every dollar they collect in small donations with seven dollars of government funds. Thu, 30 May 2013 13:06:39 +0000 Karen DeWitt 38681 at http://wrvo.org Hundreds rally for stalled public campaign finance bill IDAs need to be more transparent, accountable, says comptroller http://wrvo.org/post/idas-need-be-more-transparent-accountable-says-comptroller <div class="card-content"><div class="field field-name-body field-type-text-with-summary field-label-hidden "><div class="field-items"><div class="field-item even"><p>The New York state comptroller’s office has released its<a href="http://www.osc.state.ny.us/localgov/pubs/research/ida_reports/2013/idaperformance2013.pdf" target="_blank"> annual report</a> on New York’s 113 Industrial Development Agencies (IDAs), with concerns raised about the effectiveness and transparency of the organizations. Wed, 08 May 2013 20:48:22 +0000 Kate O'Connell 37465 at http://wrvo.org IDAs need to be more transparent, accountable, says comptroller Comptroller warns local governments that fixing fiscal crises won't be easy http://wrvo.org/post/comptroller-warns-local-governments-fixing-fiscal-crises-wont-be-easy <p>New York state’s comptroller kicked off a week long forum at SUNY’s Rockefeller Institute to examine the plight of economically stressed local governments and school districts across the state.&nbsp; Tue, 09 Apr 2013 09:10:00 +0000 Karen DeWitt 35926 at http://wrvo.org Comptroller warns local governments that fixing fiscal crises won't be easy State pension funds invests in central New York business http://wrvo.org/post/state-pension-funds-invests-central-new-york-business <p>Money from a state pension fund is flooding into an Auburn company that manufactures, distributes and services electrical products. It's one way the state is trying to encourage economic growth in upstate New York. Fri, 29 Mar 2013 13:30:06 +0000 Ellen Abbott 35488 at http://wrvo.org Budget watchdog group urges rejection of Cuomo's pension bailout plan http://wrvo.org/post/budget-watchdog-group-urges-rejection-cuomos-pension-bailout-plan <p>A leading budget watchdog group is urging rejection of a key component of Gov. Andrew Cuomo’s budget plan. It would allow cities and schools to put off some payments to their pension funds. Mon, 25 Feb 2013 22:11:00 +0000 Karen DeWitt 33866 at http://wrvo.org