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DiNapoli: Bradford Fire Company Treasurer Pleads Guilty to Stealing $8,500 in Public Funds
… treasurer Sherry Hamilton pleaded guilty to Grand Larceny in the Fourth Degree after an audit and investigation found she misappropriated approximately $8,500 in fire company funds, State Comptroller Thomas P. DiNapoli … company records to conceal her crimes. She was arrested in July 2016. "Sherry Hamilton abused her position of trust …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-bradford-fire-company-treasurer-pleads-guilty-stealing-8500-public-fundsComptroller DiNapoli Statement in Response to President Trump’s Withdrawal From the Paris Agreement
… and investors will continue to address climate change in innovative ways. As trustee of New York state’s $192 … continue to seek out sustainable investments and changes in corporate behavior that help the promise of the Paris … promote solutions to climate change, including his first in the U.S. Low Emission Index fund announced at the Paris …
https://www.osc.ny.gov/press/releases/2017/06/comptroller-dinapoli-statement-response-president-trumps-withdrawal-paris-agreementDiNapoli: Allegany County Woman Arrested for Theft of Nearly $30,000 in Pension Checks
… of Fillmore, New York for the alleged theft of $29,893 in state pension checks sent to her deceased stepfather. … concealed her stepfather’s death and forged his name in order to steal benefits from the pension fund,” DiNapoli … and strong law enforcement partnerships are succeeding in tackling pension fraud. The alleged actions by Ms. Burrows …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-allegany-county-woman-arrested-theft-nearly-30000-pension-checksFinger Lakes Region Leads the Way Statewide in Agricultural Sales, Topping $2 Billion
… The critical role farms play in New York cannot be overstated, both as an economic engine … part of our food supply system. This is especially true in the Finger Lakes where sales of farm products topped $2.3 billion in 2022, leading the state. Some counties in this region also …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-finger-lakesDiNapoli: State Tax Collections Slightly Stronger Than Expected in February but Remain Volatile
… Tax collections of $4.9 billion in February were $21.6 million above the state’s latest … “This year’s budget assumed relatively modest growth in tax revenues, and so far receipts have been higher than initially expected,”DiNapoli said. “The state is in a strong fiscal position but there is volatility that …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-state-tax-collections-slightly-stronger-expected-february-remain-volatileeBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… gender and racial diversity among the qualities its seeks in its board members. When DiNapoli and Trillium filed their … and had no stated policy that it made diversity a priority in constituting its board. Within months of receiving the … women and individuals from minority groups to include in the pool from which Board nominees are chosen.” In its …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersDiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… Office buildings in New York City remain a critical contributor to its economy … and tax base, as market values reached nearly $205 billion in fiscal year (FY) 2025, surpassing pre-pandemic levels, … and Long Island City. “The value of office buildings in New York City is tied to demand for space that comes from …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceMedicaid Program – Mainstream Managed Care Organizations: Administrative Costs Used in Premium Rate Setting
… is appropriately applying the administrative costs in determining mainstream managed care premium rates. Our … pharmacy benefits, and many others. Of the $53 billion in Medicaid costs, MCOs received $17.8 billion in mainstream managed care premiums for nearly 5.2 million …
https://www.osc.ny.gov/state-agencies/audits/2016/10/13/medicaid-program-mainstream-managed-care-organizations-administrative-costs-used-premiumDiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… New York City projects a surplus of nearly $4.2 billion in FY 2017, the largest since FY 2008, but faces uncertainty with potential policy changes in Washington, as well as slowing growth in tax collections and job creation, according to a report … New York City projects a surplus of nearly $42 billion in FY 2017 the largest since FY 2008 but faces uncertainty …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetDiNapoli: Moderate Growth in Local Sales Tax Collections for First Half of 2017
… sales tax collections across New York grew 3.3 percent in the first six months of 2017, according to a report … DiNapoli's report revealed local sales tax collections in several regions outpaced the statewide average. The North … Lakes (4 percent) regions had the highest growth rates in the state. Additionally, Long Island's growth rate (3.3 …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-moderate-growth-local-sales-tax-collections-first-half-2017DiNapoli: Recent Federal Actions Will Have Significant Impact on Higher Education in NY
… the potential impact of federal actions that are outlined in State Comptroller Thomas DiNapoli’s comprehensive report. … these challenges, we are working to support everyone in our community and are grateful to our government partners … colleges and universities are proud partners in advancing educational opportunity, innovation, and …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-recent-federal-actions-will-have-significant-impact-higher-education-nyDiNapoli: Rochester Woman Arrested for Alleged Theft of Nearly $13,000 in Pension Payments
… 68-year-old Rochester woman for allegedly stealing $12,973 in state pension payments sent to her deceased mother. The defendant, Karen Walsh, was arraigned in Monroe County Centralized Arraignment Court on a charge of grand larceny in the third degree before Judge Cook. “Ms. Walsh allegedly …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-rochester-woman-arrested-alleged-theft-nearly-13000-pension-paymentsDiNapoli: Greene County Couple Pleads Guilty to Stealing Over $35,000 in Pension Payments
… pleaded guilty to grand larceny for stealing over $35,000 in pension payments, New York State Comptroller Thomas P. … of Tannersville, appeared before Judge Charles M. Tailleur in Greene County Court. In April, the couple were arrested for cashing pension checks …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-greene-county-couple-pleads-guilty-stealing-over-35000-pension-paymentsPhysical and Financial Conditions at Selected Mitchell-Lama Developments in New York City (Follow-Up)
… of implementation of the nine recommendations included in our initial audit report, Physical and Financial … Conditions at Selected Mitchell-Lama Developments in New York City (Report 2022-S-9 ). About the Program The Mitchell-Lama Housing program (Program) was created in 1955 by the Limited Profit Housing Act to provide …
https://www.osc.ny.gov/state-agencies/audits/2025/06/09/physical-and-financial-conditions-selected-mitchell-lama-developments-new-york-city-followDiNapoli: Local Sales Tax Collections Total $5.8 Billion, Up 3.2% in First Quarter
… Local government sales tax collections totaled $5.8 billion in the first quarter (January-March) of 2025, an increase of … to the same quarter last year. Each of the 10 regions in the state, including New York City, had a year-over-year increase in collections, according to a report released today by State …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-local-sales-tax-collections-total-58-billion-32-first-quarterDiNapoli: Wall Street Bonus Pool Reaches Record High of $47.5 Billion in 2024
… The average bonus paid to employees in New York City’s securities industry for 2024 reached … COVID-19 pandemic highs. Wall Street’s profits rose 90% in 2024. “The record high bonus pool reflects Wall Street’s very strong performance in 2024,” DiNapoli said. “This financial market strength is …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-wall-street-bonus-pool-reaches-record-high-475-billion-2024DiNapoli: Greene County Couple Arrested for Allegedly Stealing Over $35,000 in Pension Payments
… B. Tuomey, 60, today for allegedly stealing over $35,000 in pension payments. “The defendants allegedly exploited a … the New York State Police for their continued partnership in protecting the pension system.” “We are committed to … Office, and our State Police members for their hard work in exposing these actions.” Stephen B. Tuomey’s father …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-greene-county-couple-arrested-allegedly-stealing-over-35000-pension-paymentsDiNapoli: Gen Z and Young Millennials in New York Struggle With Economic, Affordability Challenges
… pool of entry-level jobs and rising unemployment, driven in part by AI. Increasing housing costs along with growing … for its long-term economic growth and prosperity.” In 2023, there were 4.6 million New Yorkers aged 18 to 34 … Community Survey. However, New York saw a 1.9% decline in this age group over the past decade, while the national …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-gen-z-and-young-millennials-new-york-struggle-economic-affordability-challengesDiNapoli: Local Sales Tax Collections Up 1.5% in April Compared to Last Year
… Local sales tax collections in New York state increased by 1.5% in April compared to the same month in 2023, according to data released today by State … Local sales tax collections in New York state increased by 15 in April compared to the same month in 2023 according to data …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-local-sales-tax-collections-15-april-compared-last-yearComptroller DiNapoli and Attorney General Schneiderman Announce Three Arrests in $200,000 Contract Fraud
… numerous invoices to inflate their bills to the state in an effort to defraud the taxpayers of over $200,000,” … as part of our joint task force to root out corruption in New York.” “These greedy contractors sought to profit by … charged with multiple felonies including grand larceny in the second degree, falsifying business records and other …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-and-attorney-general-schneiderman-announce-three-arrests-200000-contract-fraud