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

DiNapoli: NYC Projects Surplus in the Current Year but Faces Budget Risks in the Years Ahead

New York City's 2019 fiscal year (FY) surplus is expected to grow as the year progresses with continued strong revenue collections and the reallocation of unneeded reserves, but the city faces significant budget gaps and risks in the coming years, according to a report released today by State Comptroller Thomas P. DiNapoli.

NYS Comptroller DiNapoli and Church of England Call on ExxonMobil to Set Targets for Lowering GHG Emissions

Institutional investors with an estimated $1.9 trillion under management, led by New York State Comptroller Thomas P. DiNapoli, as Trustee of the New York State Common Retirement Fund (the Fund), and the Church of England's investment fund (Church Commissioners) have filed a shareholder resolution calling on ExxonMobil to set and disclose greenhouse gas (GHG) reduction targets, covering emissions from both its operations and the use of its products.

State Comptroller DiNapoli Releases Audits

New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued.

State Education Department (SED): Volunteers of America – Greater New York Inc.: Compliance With the Reimbursable Cost Manual (2017-S-32)

Auditors identified $1.6 million in reported costs that did not comply with requirements for state reimbursement, including $541,775 paid to 38 individuals who did not work in VOA-GNY's SED preschool programs.

State Comptroller DiNapoli: Costs Will Climb for Municipal Landfills

Local governments that own landfills face nearly $300 million in estimated long-term costs for their active and closed landfills, according to a report released today by State Comptroller Thomas P. DiNapoli. Much of these costs are associated with the decades-long monitoring and maintenance required to prevent waste and contaminants from seeping into groundwater.

Former Treasurer of Putnam Engine & Hose Co. of the Port Chester Volunteer Fire Dept. Pleads Guilty to Embezzling More Than $38,000

New York State Comptroller Thomas P. DiNapoli, Geoffrey S. Berman, the United States Attorney for the Southern District of New York, William F. Sweeney Jr., the Assistant Director-in-Charge of the New York Field Division of the Federal Bureau of Investigation ("FBI"), and George P. Beach II, Superintendent of the New York State Police, announced today the arrest and guilty plea of Robert Gerardi, the former treasurer of the Putnam Engine & Hose Co. No.

New York's 529 College Savings Program Turns 20

New York’s 529 College Savings Program, the popular college savings investment tool, is marking 20 years of helping New Yorkers save for higher education, according to New York State Comptroller Thomas P. DiNapoli. He reflected on the tremendous growth of the plan and urged New Yorkers to sign up before the end of the year and take advantage of the tax benefits that may be available.

Comptroller DiNapoli and A.G. Underwood Announce Indictment of Former NYC Council Candidate Alberto Alvarez and Former Non-Profit Director Anna Mendez

New York State Comptroller Thomas P. DiNapoli and Attorney General Barbara D. Underwood today announced the indictments of former New York City Council candidate Albert Alvarez and former Tremont Crotona Day Care Center Executive Director Anna Mendez for seven counts of Offering a False Instrument for Filing in the First Degree, a class E felony, in New York County Supreme Court. Alvarez is also charged with one count of Grand Larceny in the Third Degree, a class D felony; Mendez was indicted for three additional counts of Offering a False Instrument for Filing in the First Degree.

State Comptroller DiNapoli Releases Audits

New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued.

Department of Environmental Conservation (DEC): Oversight of the Pesticide Reporting Law (2017-S-57)

Tests of samples of pesticide application and sales data entries found that they were reasonably accurate based on the certified applicators’ and sellers’ self-reported data. However, there are some inaccuracies in the database.