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

        
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NYS Common Retirement Fund Announces Third Quarter Results

The New York State Common Retirement Fund's (Fund) overall return in the third quarter of the state fiscal year 2017-2018 was 4.12 percent for the three-month period ending Dec. 31, 2017, with an estimated value of $209.1 billion, according to New York State Comptroller Thomas P. DiNapoli.

NYS Comptroller DiNapoli: One of Largest U.S. Carbon Emitters Commits to Lower GHG Emissions

New York State Comptroller Thomas P. DiNapoli today announced that American Electric Power (AEP), one of the largest carbon emitters in the country, has adopted new, long-term targets for lowering greenhouse gas (GHG) emissions consistent with the Paris Agreement's goals. As a result, the New York State Common Retirement Fund's (Fund) has withdrawn the shareholder request it had filed with the company.

DiNapoli: Fix Delays With Child Support Payments

New York had the nation's second-highest balance of undistributed child support collections (UDC), totaling approximately $59 million at the end of federal fiscal year 2016, according to an audit released today by State Comptroller Thomas P. DiNapoli. Although the state Office of Temporary and Disability Assistance (OTDA), which oversees New York's child support program, has made some improvements to the way funds are distributed, DiNapoli's auditors identified a number of problems that need correcting.

DiNapoli: Audit Reveals Issues Behind Broome County's Fiscal Stress

From 2014 through 2016, Broome County depleted its fund balance to dangerously low levels jeopardizing public services and long-term infrastructure investments, according to an audit released today by State Comptroller Thomas P. DiNapoli. The audit highlighted the need for county officials to develop a balanced budget for 2018 as well as a multi-year financial plan.