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

DiNapoli Releases Bond Calendar for Second 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 second quarter of 2019.

The planned sales of $3.54 billion include $1.77 billion of new money and $1.77 billion of refundings as follows:

State Contract and Payment Actions in February

In February, the Office of the State Comptroller approved 1,494 contracts for state agencies and public authorities valued at $4.3 billion and approved more than 3.9 million payments worth more than $9.8 billion. The office rejected 145 contracts and related transactions valued at $190 million and nearly 3,600 payments valued at nearly $15.8 million. More information on these contracts and payments is available at www.openbooknewyork.com.

Hamburg Recreation Worker Sentenced to Jail and Probation for Stealing $156K

The village of Hamburg’s recreation attendant was sentenced today to three months of weekends in jail and five years of probation for her theft of $156,374, which she has now repaid. Joanne Erickson skimmed money from village fees, then altered public records to conceal her crime, according to State Comptroller Thomas P. DiNapoli and Erie County District Attorney John J. Flynn.

DiNapoli: Majority of Cities and Villages Statewide Below Fiscal Stress Threshold

State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System has identified seven villages and three cities in New York in some level of fiscal stress in 2018. DiNapoli evaluated all non-calendar year local governments and designated two cities in “significant fiscal stress,” three villages and one city in “moderate fiscal stress” and four villages as “susceptible to fiscal stress.”

Gingerbread Learning Center Executive Director and Wife Convicted in Nearly $800,000 Theft of Public Funds

State Comptroller Thomas P. DiNapoli and Richmond County District Attorney Michael E. McMahon announced that Dennis Mosesman and Elsie Mosesman pleaded guilty today to grand larceny in the second degree for stealing more than $770,000 in public funds meant for special needs pre-schoolers at the Gingerbread Learning Center in Staten Island. They must pay back $625,000 in restitution and $175,000 in asset forfeiture by June 18. They also will receive five years of probation.

NYC Budget Is Balanced but Risks Are Growing

The New York City Mayor’s preliminary executive budget for FY 2020 is balanced, but there are risks, including proposed drops in state assistance, potential federal budget cuts and slower economic growth, according to a report released today by New York State Comptroller Thomas P. DiNapoli.