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

DiNapoli: New Jersey Man Pleads Guilty to Embezzling From a Decedent's Estate for Which He Was Court-Appointed Administrator

State Comptroller Thomas P. DiNapoli, United States Attorney for the Southern District of New York, Geoffrey S. Berman and Philip R. Bartlett, Inspector-in-Charge of the New York Office of the U.S. Postal Inspection Service ("USPIS") announced that Gregory Bayard pled guilty to wire fraud today in White Plains federal court. The charge arose out of Bayard's embezzlement of approximately $1.4 million from a decedent's estate for which he served as a court-appointed administrator.

DiNapoli: New York Sends More Money to Washington Than It Gets Back

New York sent an estimated $24.1 billion more in tax payments to Washington than it got back in federal spending in federal fiscal year (FFY) 2017, getting back 90 cents for every dollar, according to a report released today by State Comptroller Thomas P. DiNapoli. In 2017, New York was one of just 11 states that sent more to Washington than it received. Only New Jersey, Massachusetts and Connecticut fared worse while New Mexico fared the best.

DiNapoli: Health Care Jobs Grow Across New York

New York state's health care jobs exceeded 1.2 million in 2017, according to a report released today by State Comptroller Thomas P. DiNapoli. Health care employment rose by more than 18 percent over the past decade, more than double the pace of overall employment growth.

State Contract and Payment Actions in August

In August, the Office of the State Comptroller approved 1,647 contracts for state agencies and public authorities valued at $2.14 billion and approved more than 2.3 million payments worth nearly $10.7 billion. The office rejected 124 contracts and related transactions valued at $1.04 billion and nearly 8,000 payments valued at nearly $3.3 million. More information on these contracts and payments is available at www.openbooknewyork.com.

DiNapoli Releases Bond Calendar for Fourth 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 fourth quarter of 2018.

The planned sales of $6.91 billion include $4.74 billion of new money and $2.17 billion of refundings as follows: