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

DiNapoli: State Needs to Improve Compliance with Jonathan's Law

The state Office for People With Developmental Disabilities (OPWDD) is not ensuring parents and guardians are properly notified of incidents of abuse and neglect in programs it oversees as required under Jonathan’s Law, according to an audit released today by State Comptroller Thomas P. DiNapoli.

DiNapoli: Local Governments Levy $36.6 Billion in Property Taxes

Local governments in New York levied a total of $36.6 billion in property taxes in 2019 – an increase of 2.4 percent over 2018, according to a report released today by State Comptroller Thomas P. DiNapoli. Annual property tax levy increases have slowed significantly since 2005 and dipped below 2 percent in 2015, where they remained until 2019.

State Comptroller DiNapoli Statement on Proposed SEC Rule Changes

"The SEC's proposals are two of the most significant actions to restrict shareholder rights in the SEC’s history. There is no credible evidence to support the need for these proposals, and if adopted, they would undermine corporate accountability, entrench managements’ opposition to shareholder proposals and increase costs for investors. These proposals are contrary to the SEC's mission to protect investors and our financial markets.

New York State Comptroller DiNapoli Statement on U.S. Withdrawal From Paris Agreement

"The Trump Administration’s decision today to formally begin withdrawing the United States from the Paris Agreement on climate change is a shameful move.

"I was in Paris to support the development of the Paris Agreement and saw firsthand the commitment and dedication of the global community to proactively address climate change and save our planet.

"As trustee of New York state's pension fund I seek out profitable and sustainable investments and encourage our portfolio companies to prepare for a low-carbon future.

DiNapoli: Perry Ambulance Service Manager Charged With Embezzlement

Former Town of Perry Ambulance Service Business Manager Darcy J. Conaway was charged this week with grand larceny in the third degree for allegedly syphoning more than $3,000 of ambulance service funds, according to New York State Comptroller Thomas P. DiNapoli.

DiNapoli Announces Sale of $914.3 Million State of New York General Obligation Refunding Bonds

State Comptroller Thomas P. DiNapoli today announced the sale of $914.3 million State of New York General Obligation Series 2019B Refunding Bonds.

This General Obligation bond issue was sold to refinance certain outstanding bonds generating $112.4 million in debt service savings to the state on a net present value basis. The newly issued bonds refinance outstanding General Obligation debt issued for transportation, environmental and other purposes.