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NEWS from the Office of the New York State Comptroller
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NYS Common Retirement Fund Announces Second Quarter Results

The New York State Common Retirement Fund's (Fund) overall return in the second quarter of the state fiscal year 2017-2018 was 3.67 percent for the three-month period ending Sept. 30, 2017, with an estimated value of $201.3 billion, according to New York State Comptroller Thomas P. DiNapoli.

New Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes

If new funding sources for the Metropolitan Transportation Authority (MTA) are not identified, the authority may have to raise fares and tolls faster than planned to improve a system that has deteriorated sharply in recent years, according to an analysis of the MTA’s financial plan released today by State Comptroller Thomas P. DiNapoli.

DiNapoli Proposes More Transparency for Fire Protection Costs

New York State Comptroller Thomas P. DiNapoli today proposed changes to the process for local communities that contract out their fire protection services to incorporated volunteer fire companies. DiNapoli's legislation would require any incorporated fire company to submit an itemized statement of the estimated costs of providing fire services prior to contract negotiations with any town, village or fire district.

DiNapoli: Major Retailers Agree to Report on Efforts to Protect Human Rights, Workplace Safety

New York State Comptroller Thomas P. DiNapoli today announced corporate retailers Macy's and Ross Stores have agreed to shareholder proposals filed by the New York State Common Retirement Fund (Fund) that asked the companies to report on how they monitor their overseas apparel suppliers and subcontractors in an effort to protect human and workplace standards.

Comptroller DiNapoli and Mayor Brown Return Over $100,000 in Unclaimed Funds to Buffalo Residents

New York State Comptroller Thomas P. DiNapoli today announced that $111,180 in unclaimed funds has been returned to Buffalo city residents since he partnered with Mayor Byron Brown on March 16 to urge people to claim their lost money. Over $88 million still remains available for residents to claim.

Comptroller DiNapoli & A.G. Schneiderman Announce Felony Conviction of Upstate Woman for Pension Fraud and Welfare Fraud

New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the conviction of Tammy Banack, a resident of Kirkville, New York, of the crime of Grand Larceny in the Third Degree, a class D felony. Banack pleaded guilty today before Hon. Stephen J.

DiNapoli: Preschool Special Education Provider Received Nearly $6 Million for Ineligible Expenses

A Manhattan-based preschool for children with disabilities charged the State Education Department (SED) nearly $6 million for expenses that did not qualify for taxpayer reimbursement, State Comptroller Thomas P. DiNapoli announced today. DiNapoli's audit of New York League for Early Learning Inc. (NYL) focused on $138 million in expenses the school claimed for special education services over the three fiscal years ended June 30, 2014.