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NEWS from the Office of the New York State Comptroller
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DiNapoli: FirstEnergy Corp. Agrees to Disclose Its Political Spending

The New York State Common Retirement Fund (Fund) has reached an agreement with Ohio-based utility FirstEnergy Corp. to comprehensively disclose its political spending, New York State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. In response to the agreement, the Fund withdrew its shareholder resolution with the Ohio-based electric utility.

NYS Common Retirement Fund Reports Third Quarter Results

The New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2020-21 was 10.01 percent for the three-month period ending Dec. 31, 2020, and ended the quarter with an estimated value of $247.7 billion, according to New York State Comptroller Thomas P. DiNapoli.

DiNapoli: Former Bemus Point Clerk Arrested for Theft of Over $60,000

State Comptroller Thomas P. DiNapoli, Chautauqua County District Attorney Jason Schmidt and Chautauqua County Sheriff James B. Quattrone today announced the arrest of Jennifer Jaeger, former Bemus Point village clerk, for the alleged theft of more than $60,000 in village funds.

DiNapoli Appoints Senior Budget and Policy Staff

State Comptroller Thomas P. DiNapoli announced today that he has appointed Maria Doulis as deputy comptroller and Todd Scheuermann as assistant comptroller in the Division of Budget and Policy Analysis. These appointments are to fill currently vacant positions.

State Contract and Payment Actions in December

In December, the Office of the State Comptroller approved 1,471 contracts for state agencies and public authorities valued at $8.6 billion and approved nearly 11.7 million payments worth nearly $14 billion. The Office rejected 137 contracts and related transactions valued at $790 million and more than 5,200 payments valued at more than $38.9 million, primarily for mistakes, insufficient support for charges and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.

DiNapoli: Statewide Local Sales Tax Collections Declined 10 Percent in 2020

Local government sales tax collections declined by 10 percent overall in 2020, or $1.8 billion, compared to the previous year, according to a report issued today by State Comptroller Thomas P. DiNapoli. This decline was steeper than the drop during the Great Recession, when local sales tax collections fell 6 percent statewide in 2009 compared to 2008.