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NYS Comptroller DiNapoli: Amazon Must Ensure Its Business Is Not Adding to Racial Inequality
… filed a shareholder proposal at Amazon.com, Inc. asking for an independent audit to assess the company’s policies and … to root out any other systemic problem and mitigate risks for long-term investors. Amazon needs an unbiased look at how … to COVID-19. Discriminated against a former employee for racial discrimination who led a walkout over concerns …
https://www.osc.ny.gov/press/releases/2020/12/nys-comptroller-dinapoli-amazon-must-ensure-its-business-not-adding-racial-inequalityDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… that have not demonstrated that they are prepared for the transition to a low-carbon economy, New York State … to adapt to the low-carbon future. Companies responsible for large greenhouse gas emissions like those in this industry, pose significant risks for investors.” Oil sands companies produce a heavy type of …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesNY State Comptroller DiNapoli Statement on Pension Fund's Ranking as Top U.S. Investor Battling Climate Risk
… is our best hope to combat it. Whatever President Trump says or does regarding the Paris Agreement, it will not … to speak out when the Fund’s portfolio companies fail to take the steps necessary to adapt to the changing world. … who are working to make the Paris Agreement a reality may take separate avenues, but we share a common goal — to help …
https://www.osc.ny.gov/press/releases/2018/09/ny-state-comptroller-dinapoli-statement-pension-funds-ranking-top-us-investor-battling-climate-riskDiNapoli and NY State Pension Fund Reach Agreements with Major Companies on Executive Pay
… growing disparity in corporate income in the United States for years, with CEO pay rising dramatically while wages for most other company employees have remained flat," … pay has been and will continue to be a key factor for how we engage with companies going forward." According to …
https://www.osc.ny.gov/press/releases/2018/12/dinapoli-and-ny-state-pension-fund-reach-agreements-major-companies-executive-payDiNapoli: ESD Falls Short in Evaluation of Nearly $2 Billion of Economic Development Programs
… State Development (ESD), the public authority responsible for administering many of New York state’s economic … ESD spends about $1.8 billion a year in taxpayer money for loans, grants, tax credits and other financial assistance … This creates uncertainty about program effectiveness. For example, ESD officials said they have reviewed data for …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-esd-falls-short-evaluation-nearly-2-billion-economic-development-programsDiNapoli Releases Analysis of State Financial Plan
… the Division of the Budget (DOB) projects fiscal stability for the next five years and includes plans to bolster rainy … SFY 2022-23, increasing to $115.8 billion by SFY 2026-27, for an average annual growth of 4.8%. General Fund receipts … Fund spending reflects continuing temporary funding for pandemic recovery and the health care and direct care …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planDiNapoli: 14 School Districts Designated in Fiscal Stress
… Thomas P. DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending on June 30, 2022, down from … This is the lowest incidence of fiscal stress recorded for schools since the system’s inception (2012-13 school … expenses. The Comptroller releases fiscal stress scores for the various categories of government three times a year. …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-14-school-districts-designated-fiscal-stressDiNapoli: State Must Consider Pros and Cons of Gaming Revenues, Problem Gambling
… a report today on the industry in the state that calls for improvements in finding an appropriate balance between … “The lottery generates billions of dollars each year for New York,” DiNapoli said. “While numbers are down this … Fiscal Year (SFY) 2019-20. The state generates revenue for its budget and for localities through traditional lottery …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-must-consider-pros-and-cons-gaming-revenues-problem-gamblingDiNapoli: Statewide Local Sales Tax Collections Down 7.1 Percent in November
… November’s sales tax collections totaled $1.3 billion for local governments statewide, $102 million less than in … 2019. “Sales tax collections are a crucial revenue source for our counties and other municipalities,” DiNapoli said. “November’s decline reinforces the need for significant aid from the federal government as COVID-19 …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-statewide-local-sales-tax-collections-down-71-percent-novemberDiNapoli: NYC Finances Gain Stronger Footing
… largely due to unprecedented federal economic stimulus for businesses and individuals, and direct federal relief to … New York City released its $98.6 billion executive budget for the fiscal year beginning July 1, 2021 (FY 2022), … aid since its January plan, but its cumulative budget gaps for the out-years have barely declined, from $12.8 billion in …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-nyc-finances-gain-stronger-footingDiNapoli Analysis Finds Sharp Decline in Homeless Veterans in New York
… state made substantial progress in reducing homelessness for veterans between 2010 and 2022 with the number of … New York is leading the way in reducing homelessness for our veterans. Continued attention to housing and other … U.S. Interagency Council on Homelessness. Federal funding for programs addressing Veterans’ homelessness through the …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-analysis-finds-sharp-decline-homeless-veterans-new-yorkDiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… on prior to the pandemic, such as the water board rental payment, which will exceed $300 million annually beginning in …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsDiNapoli: 31 School Districts Designated in Fiscal Stress
… Thomas P. DiNapoli’s Fiscal Stress Monitoring System for the school fiscal year (SY) ending June 30, 2025, up from … deficits, cash position, and reliance on short-term debt for cashflow. The higher the score, the more severe the level … which have been designated in a category of stress for five or more years since SY 2012-13, although they may …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-31-school-districts-designated-fiscal-stressDiNapoli Report Tracks MTA's Shifting Revenue Streams
… 40% in 2024 with the state approval of an increase to the payroll mobility tax (PMT) rate in NYC in 2023. In 2024, 70% …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-report-tracks-mtas-shifting-revenue-streamsDiNapoli: End of Continuous Medicaid Enrollment Requirement Poses Risks to State Financial Plan
… York state began the process of redetermining eligibility for every enrolled individual. An analysis by State … coverage requirements have ended, the state should account for those who are removed from Medicaid coverage and make … and private plans. The state should also publicly account for any additional spending required to support elevated …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-end-continuous-medicaid-enrollment-requirement-poses-risks-state-financial-planPhysical and Financial Conditions at Selected Mitchell-Lama Developments
… and whether funds at these developments are being used for intended purposes. The audit covered the period from … often enter into written agreements with agents for management services, which must be approved in writing by … failed to provide a safe and clean living environment for their residents and commercial tenants and used …
https://www.osc.ny.gov/state-agencies/audits/2026/01/15/physical-and-financial-conditions-selected-mitchell-lama-developmentsHomelessness Falls Statewide, But Rises in Many New York Regions
… The most commonly used data for measuring homelessness are U.S. Department of Housing and … homelessness. Comptroller DiNapoli has previously called for additional efforts to mitigate evictions and provide … more resources to housing, HUD is overhauling its approach for awarding federal funding away from “housing first” …
https://www.osc.ny.gov/reports/homelessness-falls-statewide-rises-many-new-york-regionsDiNapoli: Fiscal Stress Down Slightly in Villages
… 18 villages in New York in some level of fiscal stress. For 2015, three villages have been classified as in … during the period. DiNapoli released fiscal stress scores for school districts . In April, scores for the 17 cities with non-calendar fiscal years will be …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-fiscal-stress-down-slightly-villagesDiNapoli: State Failed to Block Payments to Providers Supplying Controlled Substances Beyond Legal Limits
… by more than $1.1 million over a five-year period for narcotics and other controlled substance prescriptions … substances can ease suffering and provide treatment for people with serious medical problems, but these drugs can … DiNapoli said. “New York puts limits on these medications for a reason – to cut the potential for abuse. The Department …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-failed-block-payments-providers-supplying-controlled-substances-beyond-legal-limitsState Comptroller Thomas P. DiNapoli Joins Lawmakers in Applauding New Law to Fight Government Waste
… today thanked Gov. Cuomo and the State Legislature for enacting legislation authored by state Sen. Martin Golden … of taxpayer dollars," DiNapoli said. "The new law provides for faster and earlier access to data relied on by state … sincere thanks go to Assemblyman Hevesi and Senator Golden for their commitment to understanding the issues and their …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-thomas-p-dinapoli-joins-lawmakers-applauding-new-law-fight-government-waste