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NYS Common Retirement Fund Reports Estimated First Quarter Results
… for the three-month period ending June 30, 2022, according to New York State Comptroller Thomas P. DiNapoli. The Fund … first three months of the fiscal year brought upheaval to the financial markets amid Russia’s invasion of Ukraine, … rising inflation and supply chain issues that continue to effect the economy,” DiNapoli said. “The Fund’s prudent …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsDiNapoli: NY Pension Fund Reaches Climate Agreements With Five Portfolio Companies
… during the 2024 proxy season and added $2 billion to the MSCI World ex-USA Climate Change Index strategy, State … in the New York State retirement system,” DiNapoli said. “To foster long-term financial success, it is essential to address the climate-oriented investment challenges faced …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-ny-pension-fund-reaches-climate-agreements-five-portfolio-companiesQuaker Street Fire District – Audit Follow-Up (2021M-96-F)
… – pdf] Purpose of Review The purpose of our review was to assess the Quaker Street Fire District’s (District) … the Board did not provide adequate oversight to ensure the required AUDs were filed in a timely manner. … a timely manner. The audit included seven recommendations to help the Board improve its oversight of the District’s …
https://www.osc.ny.gov/local-government/audits/fire-district/2026/05/01/quaker-street-fire-district-audit-follow-2021m-96-fDiNapoli: L.I.C., Sunnyside and Woodside Are Drivers of Economic Growth in Queens
… distinct personalities, but together they are contributing to the borough’s business growth, share of the population … median household income and new housing, according to a report from State Comptroller Thomas P. DiNapoli. The … revitalization. While there is a lot of positive progress to cheer for, challenging issues like the high cost of …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-lic-sunnyside-and-woodside-are-drivers-economic-growth-queensDiNapoli Report Looks at New York's Social Insurance Programs for Unemployed and Injured Workers
… New York workers and their families each year, according to a new report by State Comptroller Thomas P. DiNapoli that … year cope with the impact of losing a job, or being unable to work due to their own or a family member’s injury or illness, … New York workers and their families each year according to a new report by State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-report-looks-new-yorks-social-insurance-programs-unemployed-and-injured-workersDiNapoli: Local Sales Tax Collection Growth Highest Since 2013
… sales tax collection growth accelerated in 2017, according to a report released today by State Comptroller Thomas P. … "As 2018 unfolds, local officials would be well advised to be cautious with respect to local budgets. As we know, collections are dependent on …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-local-sales-tax-collection-growth-highest-2013DiNapoli: January Tax Collections Fall Short
… of the state’s fiscal year rose 1 percent from last year to $58.9 billion, but were $367.3 million below the state’s … expected Personal Income Tax (PIT) collections, according to the January state cash report released today by State … months left in the state’s fiscal year, this is a trend to watch closely.” State tax receipts in January of $9.2 …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-january-tax-collections-fall-shortDiNapoli Releases August Cash Report
… Division of the Budget’s August projections, according to the monthly state cash report issued today by State … 10.5 percent, higher than the same period last year. Year-to-date tax collections were $355.6 million higher than the … from a year earlier. The latter increase was primarily due to a nearly 72 percent jump in estate collections so far this …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-releases-august-cash-reportComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Florida Resident For Stealing $275k in NYS Pension Benefits
… a resident of Boca Raton, Florida, pleaded guilty today to the crime of Grand Larceny in the Third Degree, a class D … in New York State pension benefits that were issued to his deceased mother. “Mr. Eletz concealed his mother’s death to pocket her pension,” State Comptroller DiNapoli said. “We …
https://www.osc.ny.gov/press/releases/2015/09/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-florida-resident-stealing-275k-nysDiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… rate of return for NYSLRS will be lowered from 7.5 percent to 7 percent. The average contribution rate for the … System (ERS) will decrease from 18.2 percent of payroll to 15.5 percent, or about 15 percent. While the average … System (PFRS) will decrease from 24.7 percent of payroll to 24.3 percent, or about 2 percent. "For the third year in a …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnAuditors Find Safety Hazards at Pre-K Facilities in New York City
… toxic cleaning supplies and peeling paint, according to an audit released today by State Comptroller Thomas P. … “New York City is leading the way in providing access to Universal Pre-K programs, but some providers have health and safety hazards in their facilities that need to be fixed immediately,” DiNapoli said. “Young children …
https://www.osc.ny.gov/press/releases/2019/06/auditors-find-safety-hazards-pre-k-facilities-new-york-cityNew York City Construction Industry Booming
… the state’s construction job gains since 2010, according to a report released today by State Comptroller Thomas P. DiNapoli. “While the nation has yet to recover all of the construction jobs it lost during the … than it was 10 years earlier. The industry is crucial to both the state and city, creating thousands of good-paying …
https://www.osc.ny.gov/press/releases/2019/05/new-york-city-construction-industry-boomingDiNapoli Releases Economic Snapshot of Long Island Highlighting Growth and Challenges
… include both the state’s most populous (the Village of Hempstead) and its least (Dering Harbor). Its 125 school … has some of the nation’s earliest suburbs, including Levittown, in Nassau County. Read the report or visit: https://www.osc.state.ny.us/localgov/pubs/economicprofile/long-island-region.pdf . …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-releases-economic-snapshot-long-island-highlighting-growth-and-challengesDiNapoli Releases Analysis of State Financial Plan, Warns of Federal Risks
… and possible federal budget and tax changes, according to a report on the state's Enacted Budget Financial Plan … level of spending," DiNapoli said. "If revenues continue to fall short, projected out-year budget gaps may grow … Currently, the Financial Plan projects federal grants to increase 2.2 percent this year, reaching $56.6 billion and …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-releases-analysis-state-financial-plan-warns-federal-risksExecutive Director of Baychester Youth Council Indicted for Stealing More Than $100,000 From Federal Grant
… $112,000 from a state-administered, federally funded grant to support after-school programs for middle school children. … of enriching the lives of the children she purported to cherish." State Comptroller DiNapoli said, "Earnestine Russell allegedly took public money intended to give children a safe and nurturing place to go after …
https://www.osc.ny.gov/press/releases/2016/07/executive-director-baychester-youth-council-indicted-stealing-more-100000-federal-grantStatement from New York State Comptroller Thomas P. DiNapoli on the Passing of Former Governor Mario Cuomo
… of former Governor Mario Cuomo. I had the privilege to serve in the State Legislature while he was Governor, and … leadership on a national level. My heartfelt condolences to his wife Matilda, Governor Andrew Cuomo and the entire … passing of former Governor Mario Cuomo I had the privilege to serve in the State Legislature while he was Governor and I …
https://www.osc.ny.gov/press/releases/2015/01/statement-new-york-state-comptroller-thomas-p-dinapoli-passing-former-governor-mario-cuomoGingerbread Learning Center Executive Director and Wife Convicted in Nearly $800,000 Theft of Public Funds
… Dennis Mosesman and Elsie Mosesman pleaded guilty today to grand larceny in the second degree for stealing more than … five years of probation. The couple used the stolen funds to landscape their home, fund a Mercedes Benz and a Porsche, … Mosesman and falsifying records. “Stealing funds designed to help special needs children is abhorrent,” State …
https://www.osc.ny.gov/press/releases/2019/03/gingerbread-learning-center-executive-director-and-wife-convicted-nearly-800000-theft-public-fundsOpinion 91-2
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … or statutory amendments that bear on the issues discussed in the opinion. STATE COMPTROLLER -- Powers and Duties … Concerning the authority of the State Comptroller in performing an examination of an …
https://www.osc.ny.gov/legal-opinions/opinion-91-2DiNapoli: Rochester Woman Arrested for Alleged Theft of Nearly $13,000 in Pension Payments
… allegedly stealing $12,973 in state pension payments sent to her deceased mother. The defendant, Karen Walsh, was … third degree before Judge Cook. “Ms. Walsh allegedly tried to steal funds she was not entitled to from the state’s pension system,” DiNapoli said. “My …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-rochester-woman-arrested-alleged-theft-nearly-13000-pension-paymentsOpinion 89-6
… for a violation of section 190.60 of the Penal Law belongs to the locality and not the State. You ask whether a fine … under section 190.60 of the Penal Law for Scheme to Defraud in the Second Degree would properly be deposited … New York statutes contain no special provision pertaining to the crime of Scheme to Defraud in the Second Degree that …
https://www.osc.ny.gov/legal-opinions/opinion-89-6