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DiNapoli: State Pension Fund Will Vote Against Board Members at Corporations With No Women Directors

… at companies that have no women on their boards. In situations where a company has just one woman on its … companies to formally include gender and racial diversity in their considerations of board candidates. "It is … those companies that have agreed to improve their policies in an effort to diversify their boards." The Fund holds …

https://www.osc.ny.gov/press/releases/2018/03/dinapoli-state-pension-fund-will-vote-against-board-members-corporations-no-women-directors

DiNapoli: More New Yorkers Facing Food Insecurity, Tariffs and Federal Funding Cuts Could Worsen Problem

… Food prices in the New York City metropolitan area have risen 25.2% since … are paying substantially more toward food than before the pandemic, according to a report released today by State … a close eye on what is driving affordability issues in the city and state, and it has not escaped anyone that higher …

https://www.osc.ny.gov/press/releases/2025/04/dinapoli-more-new-yorkers-facing-food-insecurity-tariffs-and-federal-funding-cuts-could-worsen

DiNapoli: NYC Remains on Solid Ground but Budget Risks Need to be Managed

… financial plan project a surplus of $2.6 billion in the current fiscal year, ending on June 30, which will be … 2009 and 2017, its largest and longest job expansion in the post–World War II period. After adding 81,000 jobs in 2017, employment reached 4.4 million, 615,000 more than …

https://www.osc.ny.gov/press/releases/2018/03/dinapoli-nyc-remains-solid-ground-budget-risks-need-be-managed

DiNapoli: New York State Gets 91 Cents for Every Dollar Sent to Washington

… all taxes for the federal government, which ranked third behind California and Texas. New York provided $19.9 billion more in tax revenue than it received in return from the federal government.  According to DiNapoli’s report, … for such grants; New York’s per capita Medicaid funding from Washington was the highest of any state.  In two other …

https://www.osc.ny.gov/press/releases/2015/10/dinapoli-new-york-state-gets-91-cents-every-dollar-sent-washington

Comptroller DiNapoli and Mayor Brown Urge Buffalo Residents to Claim $88 Million in Lost Money

… to search for unclaimed funds during a news conference at City Hall. DiNapoli said there is $88,208,650 owed to … are more than 35 million unclaimed funds accounts valued at $14.5 billion. In State Fiscal Year 2015-16, DiNapoli’s … to search for unclaimed funds during a news conference at City Hall …

https://www.osc.ny.gov/press/releases/2017/03/comptroller-dinapoli-and-mayor-brown-urge-buffalo-residents-claim-88-million-lost-money

DiNapoli: One of the Nation's Largest Energy Suppliers Agrees to Report on Climate Change Risk

… New York State Comptroller Thomas P. DiNapoli today announced … steps to reduce their greenhouse gas emissions. About the New York State Common Retirement Fund The New York State Common Retirement Fund is the third largest … New York State Comptroller Thomas P DiNapoli today announced …

https://www.osc.ny.gov/press/releases/2018/01/dinapoli-one-nations-largest-energy-suppliers-agrees-report-climate-change-risk

DiNapoli: Problems Persist at Many Hotels and Motels Used to House Homeless

… State auditors examining hotels and motels used to house the homeless found poor conditions still exist at many … and collaboration on the audit of the use of motels to house the homeless,"said Albany County Comptroller Michael F. … and inspecting temporary residences (facilities that house individuals for less than 180 consecutive days), …

https://www.osc.ny.gov/press/releases/2017/06/dinapoli-problems-persist-many-hotels-and-motels-used-house-homeless

Resources and Responsibilities: New York State’s Environmental Funding

… water are just some of the new tasks DEC has been assigned in the last few years, adding to an already long list of … million from the previous year. Over the decade ending in State Fiscal Year 2019-20, DEC’s annual capital spending rose by $342.9 million, allowing new investment in land acquisition, water infrastructure and other long-term …

https://www.osc.ny.gov/reports/resources-and-responsibilities-new-york-states-environmental-funding

DiNapoli Op-Ed in Buffalo News Urges Washington to Help Governments Hurt by COVID-19

… economic impact of COVID-19 has produced dramatic drops in government revenue. State tax revenue in New York was down $1.5 billion or 17.3 percent in June compared to last year. In Western New York, sales tax …

https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-buffalo-news-urges-washington-help-governments-hurt-covid-19

DiNapoli Releases Fiscal Stress Scores for 17 Cities

… issued fiscal stress scores today for the 17 cities in New York that have fiscal years ending between March 31 … stress score which classifies whether a municipality is in “significant fiscal stress,” in “moderate fiscal stress,” is “susceptible to fiscal … issued fiscal stress scores today for the 17 cities in New York that have fiscal years ending between March 31 …

https://www.osc.ny.gov/press/releases/2015/04/dinapoli-releases-fiscal-stress-scores-17-cities

DiNapoli Releases Fiscal Stress Scores for 17 Cities

… issued fiscal stress scores today for the 17 cities in New York that have fiscal years ending between March 31 … Syracuse and Yonkers. “Fiscal stress scores have improved in several of these cities, but not everyone has smooth … stress score which classifies whether a municipality is in “significant fiscal stress,” in “moderate fiscal stress,” …

https://www.osc.ny.gov/press/releases/2016/04/dinapoli-releases-fiscal-stress-scores-17-cities

Opinion 88-23

… -- Construction Contracts (village trustee an employee, officer and stockholder of construction company) -- … 2(a); VILLAGE LAW, §5-524(2): A village trustee who is an officer, employee and stockholder of a construction … than 5% of the outstanding stock and (b) as employee and officer of the corporation, his or her duties do not involve …

https://www.osc.ny.gov/legal-opinions/opinion-88-23

Getting Started with the New Annual Financial Report

Your local government will soon have access to the new Annual Financial Report (AFR), which is replacing the Annual Update Document (AUD). This webinar presentation will provide an overview of how to access and complete filings in the AFR, including a demonstration of new application features.

https://www.osc.ny.gov/files/local-government/academy/pdf/getting-started-afr-2-15-23.pdf

Getting Started with the New Annual Financial Report

Your local government will soon have access to the new Annual Financial Report (AFR), which is replacing the Annual Update Document (AUD). This webinar presentation will provide an overview of how to access and complete filings in the AFR, including a demonstration of new application features.

https://www.osc.ny.gov/files/local-government/academy/pdf/getting-started-with-afr-may-2023.pdf

DiNapoli: 90 School Districts in Fiscal Stress

… The second round of scoring designated 10 school districts in “significant fiscal stress,” 27 in “moderate fiscal stress” and 53 as “susceptible to fiscal … stress.” Last year, a total of 87 districts were listed in fiscal stress. “School districts are the hearts of many of …

https://www.osc.ny.gov/press/releases/2015/01/dinapoli-90-school-districts-fiscal-stress

State Comptroller DiNapoli and DFS Acting Superintendent Asrow Designate New Banking Development District to Support Community Banking in the Butternut Valley

… Valley Banking Development District (BDD) as a participant in the BDD program and deposited $35 million in New York State funds to Sidney Federal Credit Union’s … by eligible financial institutions must be submitted in partnership with a local government. The Butternut Valley …

https://www.osc.ny.gov/press/releases/2026/02/state-comptroller-dinapoli-and-dfs-acting-superintendent-asrow-designate-new-banking-development

NYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution

… Thomas P. DiNapoli today wrote to President Biden in support of his planned veto of a resolution that would … fires or floods or take steps to benefit the communities in which they operate, put their profits, reputations and … misguided attempt to politicize investment decisions.” In December 2021, DiNapoli wrote in support of a rule …

https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolution

Rochester Attorney Admits to Unlawfully Receiving Retirement Benefits

… to Monroe Community College, she unlawfully took $85,000 in state pension benefits on top of her six figure salary," … with the New York State Attorney General's Office (NYAG). In that job, she earned retirement credits as a participant in the New York State and Local Retirement System (NYSLRS). …

https://www.osc.ny.gov/press/releases/2018/04/rochester-attorney-admits-unlawfully-receiving-retirement-benefits

Many New Yorkers Struggle to Pay for Housing

… 1.4 million households paid half or more of their income in 2017 towards housing costs. “The high cost of housing can … when it consumes less than 30 percent of household income. In 2017, New York ranked third highest among states in the nation for both the percentage of renters, 26.6 …

https://www.osc.ny.gov/press/releases/2019/06/many-new-yorkers-struggle-pay-housing

Comptroller DiNapoli: IDA-Issued Tax Breaks Continue to Climb

… Agencies (IDAs) reported providing $751 million in net tax exemptions for local economic development efforts in 2017, up more than 5 percent from 2016, according to a … today by State Comptroller Thomas P. DiNapoli. The gap in net job gains created by IDA-sponsored projects narrowed …

https://www.osc.ny.gov/press/releases/2019/05/comptroller-dinapoli-ida-issued-tax-breaks-continue-climb