Officials with the Village of Fairport Industrial Development Agency (FIDA) made a series of financial and accounting transactions outside their legal authority, including granting $1 million worth of inappropriate gifts and commercial loans, according to an audit released today by State Comptroller Thomas P. DiNapoli. An audit of the Fairport Urban Renewal Agency (FURA) was also released today citing similar issues.

New York state is on target to reach year-end revenue projections with collections of $67.8 billion in taxes through the first 11 months of the fiscal year, an increase of 6.3 percent, or $4 billion, from the same period a year ago, according to the monthly state cash report issued today by New York State Comptroller Thomas P. DiNapoli.

March tax collections only have to grow less than one-percent to $7.3 billion for receipts to hit the Division of the Budget’s (DOB) projections, which is expected.

New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Alexandria Central School District, Lyons Central School District, Pearl River Union Free School District and the Valhalla Union Free School District.

"The President’s budget blueprint threatens funding for vital services including housing assistance, environmental protection, anti-poverty programs and more. It provides little specific information regarding the impact of broadly proposed cuts, but it is clear this budget will hurt New Yorkers. I urge the Administration to provide the details as soon as possible so New Yorkers and all Americans can have a clear understanding of the ramifications if these proposals become law."

State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the unsealing of a one-count indictment charging Jimmie Buie, a resident of Brooklyn, with Grand Larceny in the Third Degree, a class D felony. Jimmie Buie is alleged to have stolen over $23,000 in pension benefits issued by the New York State and Local Employees Retirement System to his deceased mother, Sandra Buie, between May 2011 and December 2012.

New York State Comptroller Thomas P. DiNapoli and Buffalo Mayor Byron Brown today urged local residents to search for unclaimed funds during a news conference at City Hall. DiNapoli said there is $88,208,650 owed to residents in the city of Buffalo. There is over $265 million owed to residents in Western New York.

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

Securities industry profitability rose sharply in 2016, increasing by 21 percent, while the average bonus paid to employees in New York City’s securities industry increased by 1 percent to $138,210, according to an estimate released today by New York State Comptroller Thomas P. DiNapoli.

New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the unsealing of a five-count indictment charging Tammy Banack, a resident of Kirkville, New York, with one count of Grand Larceny in the Second Degree, a class C felony, one count of Welfare Fraud in the Third Degree, a class D felony, two counts of Grand Larceny in the Third Degree, a class D felony, and one count of Offering a False Instrument for Filing in the First Degree, a class E felony.

Former Bradford Volunteer Fire Company treasurer Sherry Hamilton pleaded guilty to Grand Larceny in the Fourth Degree after an audit and investigation found she misappropriated approximately $8,500 in fire company funds, State Comptroller Thomas P. DiNapoli announced today.

DiNapoli’s office worked with the New York State Police and Steuben County District Attorney Brooks Baker. Their joint efforts discovered Hamilton misappropriated funds by taking "advance" payments on company activities and manipulating company records to conceal her crimes. She was arrested in July 2016.