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

New York State Comptroller Thomas P. DiNapoli's Statement on Gov. Cuomo's State of the State

“Gov. Cuomo’s State of the State message outlined a strong agenda for New York as we navigate through unprecedented challenges. I commend the Governor for his emphasis on beating the COVID-19 pandemic and on improving public health. The Governor properly underscored the urgency of federal assistance to address the economic and revenue damage New York has suffered. In the coming days, I look forward to hearing his proposals on other key issues, including racial equality, criminal justice reform and improving the election process.”

DiNapoli Releases Bond Calendar for First 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 first quarter of 2021.

The planned sales of $6.92 billion include $2.32 billion of new money and $4.6 billion of refundings and reofferings as follows:

DiNapoli: Read Fine Print on Your Holiday Gift Cards

With the giving of gift cards during the holiday season increasing in popularity, New York State Comptroller Thomas P. DiNapoli is urging New Yorkers to read the fine print for details about fees and expiration dates. Even as some sellers of gift cards have eliminated inactivity fees, consumers should still ask whether fees apply. DiNapoli reminds New Yorkers to spend the gift cards in a timely fashion. If not, the money could eventually get turned over to his Office of Unclaimed Funds.

State Contract and Payment Actions in November

In November, the Office of the State Comptroller approved 1,384 contracts for state agencies and public authorities valued at $25.5 billion and approved more than 12.3 million payments worth more than $11.7 billion. The office rejected 91 contracts and related transactions valued at $610 million and nearly 5,200 payments valued at nearly $39.7 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.