A Message from Comptroller DiNapoli
The past year certainly presented its share of challenges—an unpredictable economy, rising inflation and geopolitical tensions. However, through it all, New Yorkers have remained resilient, as our economy continues to recover from the effects of the pandemic.
The focus of my Office this year has been helping New York get back up and running after the pandemic. We accomplished this by regularly reporting on the State’s economic outlook, identifying pandemic-related operational problems at State agencies and tracking how federal relief aid is being disbursed.
As you’ll see in this annual report, our auditors uncovered widespread fraud in the Unemployment Insurance program and revealed ineffective COVID-19 infection control and reporting at nursing homes. We issued important policy reports on pandemic-related issues such as taxpayer migration and examined the pandemic’s effects industry by industry.
We have also kept our State pension fund strong and steady through volatile times and returned approximately $1.5 million a day in unclaimed funds to rightful owners. We also continued working with local governments and school districts to help them improve their finances and operations.
It is a great privilege to begin a new term as your State Comptroller. Looking back on 2022, I’m proud of what my Office has accomplished. In the coming year, I’ll continue to help State government serve you and your family more effectively and efficiently.
Best wishes for a peaceful and joyful New Year.
Thomas P. DiNapoli
New York State Comptroller