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DiNapoli Urges NYC to Shore Up Rainy-Day Fund

… Thomas P. DiNapoli urged New York City officials to better prepare for financial downturns by evaluating the … law enabling the use of these funds, called on the city to define how these resources are accumulated and used. … said. “Economic damage from the pandemic and changes to state and local laws on the use of reserves necessitates …

DiNapoli: Wall St. Profits Return to Pre-Pandemic Levels

… Wall Street’s pandemic boom came to an end in 2022, with pretax, first half profits of $13.5 billion, down 56.3% from the $31 billion earned in the same period last year, according to State Comptroller … “The last two years of profits and bonuses fueled in part by the extraordinary federal response to the pandemic …

DiNapoli: Gaming Commission Slow to Collect Casino Fees

… its monitoring of casinos, especially with its failure to collect millions in oversight fees from casinos, according to a follow-up report released today by State Comptroller … collect all oversight charges that casinos are supposed to cover,” DiNapoli said. “The commission has made some …

DiNapoli: Molson Coors Agrees to Disclose Political Spending

… report. This brings the company in line with other major food and beverage producers including ConAgra Brands Inc. and … on political spending disclosure with FirstEnergy Corp. of Ohio. Since the 2010 U.S. Supreme Court's Citizens … agreed to adopt such disclosure, including Bank of America Corp., Delta Airlines and PepsiCo Inc. New York State Common …

XVI.4 Accounting Policies and Principles Applicable to Agencies – XVI. Financial Reporting

DiNapoli: State Tax Collections Continue to Exceed Projections

… three months of the 2021-22 State Fiscal Year, according to the monthly State Cash Report released today by New York … infusion of federal aid, give the state an opportunity to improve its long-term fiscal stability and better prepare … future uncertainties. The state should use these revenues to bolster reserves or for pay-as-you-go funding for critical …

DiNapoli: Billions Needed for Repairs to Local Bridges

… in developed areas, which have limited space to expand bridge structures to handle increased traffic flows or meet … Transportation's Federal Highway Administration National Bridge Inventory. For local bridges, those in New York City … flat in recent years. In 2016, the state created the BRIDGE NY program to support local bridges and culverts. As …

Medicaid Payments to Medicare Advantage Plan Providers (Follow-Up)

… Objective To determine the extent of implementation of the three … made in our initial audit report, Medicaid Payments to Medicare Advantage Plan Providers (Report 2016-S-54 ). … To determine the extent of implementation of the three …

Managed Care Organizations – Payments to Ineligible Providers (Follow-Up)

… Objective To determine the extent of implementation of the eight … audit report,  Managed Care Organizations: Payments to Ineligible Providers  (Report 2016-S-59 ). About the … To determine the extent of implementation of the eight …

DiNapoli: MTA Budget Continues to Face Serious Risks

… The Metropolitan Transportation Authority is expected to devote one-fifth of total revenue to debt service by 2023 as it relies … to reach $52.6 billion by 2023. As a result, debt service is projected to reach $4.2 billion by 2023, an increase of 59 … The Metropolitan Transportation Authority is expected to devote onefifth of total revenue to debt …

Comptroller Authority to Audit Local Development Corporations (LDCs)

… 2019  – A.7476 (Magnarelli) / S.5445 (Skoufis) – Relates to audits by the State Comptroller of certain organizations … Relates to audits by the State Comptroller of certain organizations …

Comptroller Authority to Audit Local Development Corporations (LDCs)

… A.3047 (Magnarelli) / S.4827 (Marchione) – Relates to audits by the State Comptroller of certain organizations … Relates to audits by the State Comptroller of certain organizations …

Federal Impact: Travel and Tourism to New York – Federal Funding and New York

… Number of Overseas Travelers to the U.S. Declines  In 2025, there were 34.3 million visitations by overseas … New York, there was a net decline of 2.9 percent. 8 In the North Country, state park attendance decreased by a net of … declined through September (see Figure 8). While the North Country had the highest rate of decline, 1.9 percent, …

DiNapoli: Mobile Sports Betting Adds to State Revenue, But Calls to Problem Gambling Hotline Rise as Gaming Expansion Continues

… State collections from the taxes on mobile sports betting totaled $727.4 million in State Fiscal … Comptroller Thomas P. DiNapoli. With the legalization of mobile sports betting, the New York State Gaming Commission … DiNapoli said. “With the ease and 24/7 availability of mobile betting apps, problem gambling and addiction are …

Housing Trust Fund Corporation – Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Follow-Up)

… Objective To assess the extent of implementation of the six … Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Report … To assess the extent of implementation of the six …

Housing Trust Fund Corporation – Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Follow-Up) (2022-F-18) 30-Day Response

To assess the extent of implementation of the six recommendations included in our initial audit report, Housing Trust Fund Corporation: Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Report 2020-S-4).

Westchester Attorney Pleads Guilty to Mail Fraud for Attempting to Embezzle From a Decedent's Estate for Which He Was Court-Appointed Administrator

… estate he was appointed to safeguard. Instead, due to the diligence of my staff and our partnership with U.S. Attorney … of the estate of a former resident of Mt. Vernon, in or about April 2017. His duties as administrator included … of his retention of Stokes, as he was required to do under New York law. Parisi and the relative named Stokes …

Collection of Fines Related to Tenant Complaints(follow-Up) (2023-F-9) 30-Day Response

To assess the extent of implementation of the six recommendations included in our initial audit report, Collection of Fines Related to Tenant Complaints (2018-S-58).

Improper Supplemental Maternity Capitation Payments to Managed Care Organizations (2023-F-3) (Follow-Up)

To determine the extent of implementation of the six recommendations included in our initial audit report, Improper Supplemental Maternity Capitation Payments to Managed Care Organizations (Report 2020-S-57).

Processing Salary Payments pursuant to Court Orders, Awards, and Settlement Agreements

Processing Salary Payments pursuant to Court Orders, Awards, and Settlement Agreements