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DiNapoli

New York State Comptroller Tom DiNapoli is out with the latest ‘fiscal stress scores’  for municipalities around the state.

This is something he’s done for the last several years, and again Monroe County was among the places mentioned as being under significant fiscal stress.

The monitoring system looks at things like cash-on-hand, short term borrowing and various kinds of trends in a community such as poverty and unemployment.

Monroe County has the highest fiscal stress of any municipality in the state. That according to the latest survey on fiscal stress released by New York State Comptroller Tom DiNapoli.

The latest information is based on financial details provided to the comptroller by local governments as of August 31.

There have been improvements in the economy of upstate New York over the last several years, but that progress has been uneven.

Matt Ryan New York Now

ALBANY (AP) The New York pension fund for state and local government workers reports an investment return of nearly 3 percent for the quarter that ended Dec. 31 with an estimated value of $178.3 billion.

That follows the previous quarter when the fund lost 4 percent, which Comptroller Thomas DiNapoli attributed to late summer volatility in financial markets.

DiNapoli, sole trustee of the fund, says there was some recovery while markets remain challenging across all asset classes.

Karen DeWitt / WXXI

State Comptroller Tom DiNapoli was nominated to run for a second full term.

DiNapoli, who compared himself to the “happy warrior” of former Governor Al Smith, has  had his differences with fellow Democrat Governor Cuomo, and says he does not know if Cuomo will endorse him.

New York State Comptroller Thomas DiNapoli says so far, so good in describing the economic health of the state at this point in the budget year.

DiNapoli was in Rochester Tuesday to highlight seed money investments the state employee pension fund is making in businesses across the state to help foster growth and create jobs.

In an appearance on WXXI's 1370 Connection, DiNapoli said the best way to describe the outlook for the state balance sheet is cautious optimism about the state's prospects.