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NEWS from the Office of the New York State Comptroller
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DiNapoli: Fiscal Stress Remains Low Among Villages

State Comptroller Thomas P. DiNapoli's Fiscal Stress Monitoring System has identified 10 villages and two cities in New York in some level of fiscal stress in 2017. The system evaluated all non-calendar year local governments and designated one village and one city in "significant fiscal stress," four villages in "moderate fiscal stress" and five villages and one city as "susceptible to fiscal stress."

DiNapoli: State Pension Fund Will Vote Against Board Members at Corporations With No Women Directors

New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (the Fund) plans to vote against all board directors standing for re-election at companies that have no women on their boards. In situations where a company has just one woman on its board, the Fund will vote against members of the board's governance committee standing for re-election. DiNapoli also announced agreements with four Fortune 500 companies to formally include gender and racial diversity in their considerations of board candidates.

State Comptroller DiNapoli Report Details LIRR Delays in 2017

In 2017, the Long Island Rail Road (LIRR) had its worst on-time performance in 18 years, with an estimated 9.2 million riders inconvenienced by delays and cancellations, according to a report issued today by State Comptroller Thomas P. DiNapoli. These delays and cancellations had an estimated cost of nearly $75 million in lost productivity.

Shareholders Cheer Lowe's New Green Energy Initiatives

Following requests from its shareholders, home improvement superstore Lowe's announced Monday that it was making significant progress towards reducing its carbon footprint and increasing the energy efficiency of its stores nationwide.

Comptroller DiNapoli & A.G. Schneiderman Announce Felony Charges Against Mount Vernon Mayor Richard Thomas

MT. VERNON – Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced the arrest of Mount Vernon Mayor Richard Thomas for allegedly stealing campaign funds and lying about money he received from his inaugural committee for personal benefit. Mr. Thomas was arrested on a felony complaint this morning after an investigation that exposed the theft of approximately $12,900 from his campaign committee, and the diversion of over $45,000 from his inaugural committee for personal use and his failure to disclose it.

DiNapoli: Pleasant Valley Town Clerk Charged in Theft of Fees

Pleasant Valley Town Clerk Margaret Hart was charged today for the theft of more than $27,000 which she allegedly stole by pocketing cash deposits instead of depositing them in the clerk’s bank account, according to State Comptroller Thomas P. DiNapoli.

DiNapoli: NYC Remains on Solid Ground but Budget Risks Need to be Managed

Mayor de Blasio’s preliminary executive budget for fiscal year (FY) 2019 and its associated financial plan project a surplus of $2.6 billion in the current fiscal year, ending on June 30, which will be used to balance the 2019 budget, according to a report issued today by State Comptroller Thomas P. DiNapoli.