Thursday - May 22, 2025
State Tipoffs Involving New York Newsletter for Sunday May 18, 2025 ( 14 items )  

Federal Funding Freeze Threatens NYC's Essential Services, Comptroller's Review Reveals
ALBANY, New York, May 16 (TNSLprt) -- A recent review by the Office of the State Comptroller (OSC) has uncovered the significant reliance of New York City on federal grants, totaling $7.4 billion in the planned FY 2026 operating budget. The report, published in April 2025 and authored by Deborah Grumet, Michelle Dragan, Patrick Chang, Justine DeGeorge, Wesley Kirby, Brian Stanley, and Christopher Lotridge under the direction of the Office of the New York State Comptroller, highlights the potenti  more

Mayor Adams Invites City, State, and Federal Elected Officials to Ride Along With Subway Outreach Teams During Midnight Shifts
NEW YORK, May 17 -- New York City Mayor Eric Adams issued the following news: * * * Mayor Adams Invites City, State, and Federal Elected Officials to Ride Along With Subway Outreach Teams During Midnight Shifts New York City Mayor Eric Adams today invited city, state, and federal elected officials from across the five boroughs to join administration officials and the municipal teams working to connect people with severe mental illness on the city's subways with the support they need. The elec  more

N.Y. PSC Announces Approval of Energy Efficiency and Building Electrification Programs to Reduce Energy Costs for Consumers
ALBANY, New York, May 17 -- The New York State Public Service Commission issued the following news release on May 15, 2025: * * * PSC Announces Approval of Energy Efficiency and Building Electrification Programs to Reduce Energy Costs for Consumers Will Result in Projects Benefiting More Than 500,000 Low-to-Moderate Income Consumers NYSERDA and New York Utilities Will Collectively Administer $5 Billion to Advance Energy Efficiency and Building Electrification Across New York Programs to Sav  more

N.Y. State Education Department Releases New Numeracy Briefs for PreK-12 Mathematics Instruction
ALBANY, New York, May 17 -- The New York State Education Department issued the following news release on May 16, 2025: * * * State Education Department Releases New Numeracy Briefs for PreK-12 Mathematics Instruction Eight New Briefs, Written for Educators, Focus on Evidence-Based Practices The New York State Education Department (NYSED) released a series of new numeracy briefs to support administrators and numeracy leaders in their teaching of PreK-12 mathematics, Commissioner Betty A. Rosa  more

Nearly Half of Homeowners Have at Least One Regret About the Purchase of Their Current Home
NEW YORK, May 14 (TNSrep) -- Bankrate, a provider of financial services, issued the following news release: * * * Nearly Half of Homeowners Have at Least One Regret About the Purchase of Their Current Home Among homeowners with regret, 42% say maintenance and other hidden costs are more expensive than expected NEW YORK - May 14, 2025 - Nearly half of current homeowners (45%) say they have at least one regret about the purchase of their current home, according to a new Bankrate survey. Among   more

New York Receives More Federal Spending Than Tax Contributions for Fourth Straight Year, Comptroller's Report Finds
ALBANY, New York, May 16 (TNSLprt) -- For the fourth consecutive year, New York State received more in federal spending than it contributed in federal taxes, according to a new report released in April 2025 by the Office of the State Comptroller, led by Thomas P. DiNapoli. The analysis of Federal Fiscal Year 2023 (FFY 2023) data reveals that New York generated $320.1 billion in federal taxes and benefited from $337.9 billion in federal spending, resulting in a positive balance of payments for th  more

New York State Announces Completion of 12 Units of Emergency Housing for Families in Monroe County
ALBANY, New York, May 17 -- The New York State Office of Temporary and Disability Assistance issued the following news release on May 16, 2025: * * * New York State Announces Completion of 12 Units of Emergency Housing for Families in Monroe County Persimmon Place Will Provide Emergency Shelter for Up to 12 Families in Rochester The New York State Office of Temporary and Disability Assistance (OTDA) today announced the completion of work on the YWCA of Rochester & Monroe County's Persimmon P  more

NYPSC Approves Plan to Boost Renewable Energy in New York City
ALBANY, New York, May 17 -- The New York State Public Service Commission (PSC) has approved a key implementation plan aimed at increasing renewable energy use in New York City. The order, issued May 16, 2025, greenlights the Tier 4 Implementation Plan proposed by the New York State Energy Research and Development Authority (NYSERDA) under the state's Clean Energy Standard (CES). Tier 4 of the CES specifically targets the reduction of New York City's reliance on fossil fuel-fired power generatio  more

NYPSC Greenlights Energy Efficiency and Electrification Programs, Citing Positive Environmental Impact
ALBANY, New York, May 17 -- The New York State Public Service Commission (PSC) has issued a Negative Declaration, announcing that an Environmental Impact Statement will not be required for the authorization of energy efficiency (EE) and building electrification (BE) programs spanning 2026 through 2030. In its notice, the Commission stated that its review of the record indicates that the approved actions will not result in significant adverse environmental impacts. The PSC highlighted numerous a  more

NYPSC Greenlights Increased Funding for Municipal Clean Energy Programs
ALBANY, New York, May 17 -- The New York State Public Service Commission (PSC) has approved a petition by the New York Municipal Power Agency (NYMPA) to increase funding for energy efficiency programs in its member municipalities. The order, issued May 16, 2025, allows NYMPA members to double the charge to their customers, from one mil ($0.001) per kilowatt-hour (kWh) to two mils ($0.002) per kWh, in support of the Independent Energy Efficiency Program, Inc. (IEEP). IEEP, a non-profit corporati  more

NYPSC Orders Audit of Utility Executive Compensation, Selects Independent Firm
ALBANY, New York, May 17 -- The New York State Public Service Commission (PSC) has directed major electric, gas, and water utilities in the state to contract with Overland Consulting to conduct a focused operations audit of their management incentive compensation programs. The order, issued and effective on May 15, 2025, follows the Commission's February announcement of its intent to scrutinize these programs. The audit will encompass thirteen utilities, including Consolidated Edison Company of  more

NYPSC Rejects Liberty Water's Bid to Recover Executive Bonuses From Ratepayers
ALBANY, New York, May 17 -- The New York State Public Service Commission (PSC) has denied a petition by Liberty Utilities (New York Water) Corp. (Liberty NYW) seeking to recover the costs of its non-union incentive compensation program from ratepayers. In an order issued and effective May 15, 2025, the Commission stated that the company's program failed to meet the necessary requirements for cost recovery. Liberty NYW had requested authorization to recover these costs, citing a previous Commiss  more

OGS Commissioner Jeanette Moy Announces the Opening of New Exhibit at the Vietnam Memorial Gallery
ALBANY, New York, May 17 -- The New York State Office of General Services issued the following news release on May 15, 2025: * * * OGS Commissioner Jeanette Moy Announces the Opening of New Exhibit at the Vietnam Memorial Gallery "Mail Call: Letters From/To Vietnam" Showcases Letters Exchanged Between New York Veterans and Their Loved Ones During the Vietnam War Exhibition Opening Marks 50 Years Since the End of the Vietnam War and Coincides with Event Honoring New York Veterans View the Ex  more

Transactional Risk Insurance Market Surges Amid Record M&A Activity
NEW YORK, May 17 (TNSrpt) -- Marsh, a subsidiary of Marsh and McLennan Companies, issued the following news release: * * * Transactional risk insurance market surges amid record M&A activity According to a new report by Marsh, the world's leading insurance broker and risk advisor, private equity firms, corporations, and strategic investors around the world increasingly turned to transactional risk insurance in 2021 to reduce deal risk, amid the record-breaking merger and acquisition (M&A) env  more