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DiNapoli: Waiving Waiting Period for Public Workers' Retirement Protects Families During Pandemic Crisis
… effect. DiNapoli requested the Executive Order in order to safeguard benefits for families who may lose a loved one … during the current state of emergency through May 16. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-waiving-waiting-period-public-workers-retirement-protects-families-during-pandemic-crisisDiNapoli: NYC Tax Collections Expected to Fall for First Time Since Great Recession
… Recent unemployment claims suggest that most of New York City’s job gains over the past decade have been … released his executive budget for FY 2021 and a revised financial plan. The plan assumes that the gross city product … general reserve from $1 billion to $100 million, the statutory minimum at the start of a fiscal year. The city is …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-nyc-tax-collections-expected-fall-first-time-great-recessionDiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
… to manage increased operational demands. By June 23, 2021, H+H had administered one million vaccinations (11% of … annually from previous cost saving efforts starting in FY 2021, and $1.2 billion in new savings which includes $611 …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-careDiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… receive nearly 13% of their revenues from revenue sharing. Big Four Cities: Buffalo (31.4%), Syracuse (23.5%), Yonkers …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… of New York City’s financial plan released today by State Comptroller Thomas P. DiNapoli. “New York City faces … than was planned in the proposed executive budget in April. This is significantly higher than traditional spending increases at this point in the fiscal year. Revenue Upside Boosts …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingCourt-Appointed Executor of Decedent’s Estate Sentenced to Two Years in Prison for Embezzlement
… announced that Gregory Bayard was sentenced to 24 months in prison in White Plains federal court for embezzling approximately … today’s sentence. "Mr. Bayard abused the trust placed in him and pocketed $1.4 million from an estate he was …
https://www.osc.ny.gov/press/releases/2019/10/court-appointed-executor-decedents-estate-sentenced-two-years-prison-embezzlementNY State Comptroller DiNapoli Announces Responsible Workforce Management Policy for Private Equity Investments
… Workers’ Capital Event later today. “The Fund is dedicated to championing workforce management best practices because they have the ability to enhance the performance and resilience of portfolio … managers understand our position clearly. We expect them to support fair treatment of workers throughout their …
https://www.osc.ny.gov/press/releases/2024/04/ny-state-comptroller-dinapoli-announces-responsible-workforce-management-policy-private-equityDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… communities finance water infrastructure projects making it the largest revolving fund program to protect water in the …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli: Two Capital Region Residents Indicted for $1 Million Medicaid Transportation Fraud Scheme
… alleged role in a scheme to steal more than $1 million from Medicaid by filing false and inflated reimbursements for … revealed that the defendants sought to obtain funds from the Medicaid program to which they were not entitled,” … It is estimated that they stole more than $1 million from Medicaid. Numerous local, state, and federal authorities …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-two-capital-region-residents-indicted-1-million-medicaid-transportation-fraud-schemeDiNapoli: NYC Emergency Management Failing to Ensure the City is Prepared for Disasters
… the New York City metropolitan area, killing dozens of people and causing billions of dollars in damage, the city needs to be better prepared … incidents that cause an immediate and unforeseen surge in need for maritime transportation) — were last updated in …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nyc-emergency-management-failing-ensure-city-prepared-disastersDiNapoli: Three Arrested for Scheme to Steal Unclaimed Funds from New York State
… charges arising out of their scheme to fraudulently obtain unclaimed funds held by the New York State Comptroller’s Office of …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-three-arrested-scheme-steal-unclaimed-funds-new-york-stateExistential Questions Facing National Public Transit Systems Create New Fiscal Pressures for MTA
… led to a dramatic drop in riders – and ridership revenue – for transit systems across the country. 1 Nevertheless, the … on how the MTA can deliver on its cost efficiency and savings programs. FIGURE 4 – Change in Subway and Bus Operating …
https://www.osc.ny.gov/reports/osdc/existential-questions-facing-national-public-transit-systems-create-new-fiscal-pressures-mtaDiNapoli: MTA Outlook Shows Growing Need for New Funding as Budget Gaps Widen
… on MTA’s financial outlook released today by New York State Comptroller Thomas P. DiNapoli. “The serious structural … manage without additional funding or significant fare and toll increases that could hurt regional economic growth. To … capital program, awaits a decision from the Federal Highway Administration in January 2023. If approval arrives …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-mta-outlook-shows-growing-need-new-funding-budget-gaps-widenDiNapoli: 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 … in FY 2020 to $71.6 billion in FY 2025, faster than the rate (7%) for market values. If the pandemic had not …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceDiNapoli: Former Citizens Hose Fire Company Treasurer Arrested for Stealing More Than $100,000
… County fire company was arrested for allegedly stealing over $100,000 from the company over a four-year period, State … 2018 through August 2022. Investigators found she used her position to issue unauthorized checks and make personal … credit cards, make retail purchases, and to pay for online video games. The case was referred to DiNapoli’s Division of …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-former-citizens-hose-fire-company-treasurer-arrested-stealing-more-100000DiNapoli: Former Hannibal Fire Chief and Father Indicted for Allegedly Stealing Go-Kart Proceeds
… out of valuable resources meant to protect their community in order to fund their personal pastime,” DiNapoli said. … DiMartino and the State Police for their partnership in ensuring justice will be served.” New York State Police … that financial crimes of any kind will not be tolerated in New York. I want to thank the Comptroller’s Office and our …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-former-hannibal-fire-chief-and-father-indicted-allegedly-stealing-go-kart-proceedsDiNapoli Announces Lowered Fees for New York State's 529 College Savings Direct Plan
… New York State Comptroller Thomas P. DiNapoli today announced a new reduction in management fees for the state’s 529 College …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-announces-lowered-fees-new-york-states-529-college-savings-direct-planDiNapoli: Improved Planning Needed for New York To Achieve Its Clean Energy Goals
… The Public Service Commission (PSC) and the New York State Energy Research and Development Authority …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-improved-planning-needed-new-york-achieve-its-clean-energy-goalsDiNapoli: Archer Daniels Midland Co. Agrees to Shareholders' Request For 'No Deforestation' Policy
… today announced that Archer Daniels Midland Co. (ADM), one of the world’s leading suppliers of agricultural products to … a leading cause of climate change. As a result of the company’s commitments, the New York State Common Retirement … provider with subsidiaries serving approximately 1 million electric and over 418,000 natural gas customers throughout …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-archer-daniels-midland-co-agrees-shareholders-request-no-deforestation-policyDiNapoli: Five Major Companies Adopt Pension Fund's Call for Transparency on Political Contributions
… P. DiNapoli today announced that five major companies in the New York State Common Retirement Fund's portfolio have … communications, payments to any trade associations used for political purposes, and payments made to any organization … Southwest Airlines Co. 2012 CSX Corporation The Kroger Co. PG&E Corporation Reynolds American Inc. R. R. Donnelley & …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-five-major-companies-adopt-pension-funds-call-transparency-political-contributions