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NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

State Contract and Payment Actions in August

In August, the Office of the State Comptroller approved 1,149 contracts for state agencies and public authorities valued at $56.4 billion and approved more than 16.6 million payments worth more than $12.3 billion. The office rejected 120 contracts and related transactions valued at $160 million and nearly 19,100 payments valued at nearly $17.6 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 Releases Bond Calendar for Fourth Quarter

New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for the state, New York City and their major public authorities during the fourth quarter of 2020.

The planned sales of $6.28 billion include $4.98 billion of new money and $1.3 billion of refundings and reofferings as follows:

DiNapoli: Westchester Sisters Admit to Stealing $22,000 of Deceased Mother's Pension Payments

State Comptroller Thomas P. DiNapoli and Westchester County District Attorney Anthony A. Scarpino, Jr. announced the convictions of Annette Bigelow, 60, and Mary Nash, 59, who hid their mother’s death to collect nearly $22,000 in her state pension payments from 2013 to 2015. The two Westchester County residents each pleaded guilty to one count of felony grand larceny in the fourth degree.

DiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored

Having no heat or hot water is a hazard that is supposed to be addressed in 24 hours, but the city’s Department of Housing Preservation and Development (HPD) has likely missed numerous complaints because it wrongly thought they were duplicates, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.

DiNapoli Announces 2019 Fiscal Stress Scores

Twenty-two local governments were designated in fiscal stress for 2019, according to State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System (FSMS). The scores were based on financial information reported by local governments operating on a calendar year basis (Jan. 1 – Dec. 31) for 2019 (pre-pandemic). In New York, that includes all counties and towns, 44 cities and 10 villages.

New York State Comptroller DiNapoli Statement on New Shareholder Rule

New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, today issued the following statement regarding the Securities and Exchange Commission’s (SEC) final vote on a shareholder rule:

“Today's action by the SEC will negatively impact investors and make it harder for shareholders to hold corporations accountable. These changes are unwanted by investors and may silence those challenging corporations to address issues like gender and racial pay equity, workplace diversity and racial discrimination.