The Metropolitan Transportation Authority is expected to devote one-fifth of total revenue to debt service by 2023 as it relies increasingly on borrowing to finance its capital needs, leaving a smaller share of revenue for other priorities and hindering budget flexibility during an economic setback, according to a report released today by State Comptroller Thomas P. DiNapoli.
An audit released today by New York State Comptroller Thomas P. DiNapoli found the Office of Temporary and Disability Assistance (OTDA) continues to provide inadequate oversight of homeless shelters, allowing unsafe conditions that pose significant health and safety risks.
Coca Cola Co. will consider the wages it pays all of its employees when setting executive salaries, aiming to bring them into closer alignment, State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), announced today. In response to the agreement, the Fund withdrew its shareholder resolution with the Atlanta-based beverage giant.
A new report by New York State Comptroller Thomas P. DiNapoli shows the challenges faced by the state’s school districts are as varied as the state itself. Regional factors including the local economy, labor force mix and demographics all have implications for spending, pupil outcomes and the delivery of services, including special education. The report details school district demographic and financial information from nine separate regions outside New York City.
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits have been issued.
The state Public Service Commission (PSC) is falling short in monitoring Charter Communications Inc. and other utilities across New York, according to an audit released today by State Comptroller Thomas P. DiNapoli. Auditors found regulators lacked the equipment to measure Internet speeds, used inaccurate data to track service reliability and imposed only four penalties in four years.
The state Office of Children and Family Services (OCFS) is not doing enough to ensure adequate protections are in place for children who are placed in the custody of relatives or another suitable person outside the foster care system, according to an audit released today by State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli hosted a breakfast during the New York State Black and Puerto Rican Legislative Caucus weekend on Feb. 15 at the Hilton Albany.
DiNapoli honored the following prominent leaders:
State Comptroller Thomas P. DiNapoli, Attorney General Letitia James and New York City Department of Investigation Commissioner Margaret Garnett announced the sentencing of non-profit executive Anna Mendez for the misuse of nonprofit funds to fund straw political donations to former New York City Council candidate Albert Alvarez.
On Tuesday, in New York County Supreme Court, Mendez was sentenced to 5 years’ probation.
Former Speculator village clerk-treasurer Bonnie Page was charged with grand larceny and corrupting the government for allegedly scamming the village out of $25,988 for health insurance benefits for her family, State Comptroller Thomas P. DiNapoli announced today.
