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NEWS from the Office of the New York State Comptroller
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DiNapoli Announces Sale of General Obligation Bonds

State Comptroller Thomas P. DiNapoli today announced the details of the competitive sale scheduled for March 10, 2015 of tax-exempt and taxable New York State General Obligation Bonds totaling approximately $145.1 million for new money transportation and environmental purposes. The Series 2015A Tax-Exempt Bonds and the Series 2015B Taxable Bonds total $139.5 million and $5.6 million, respectively.

DiNapoli: NYC Budget Benefits From Stronger Economy

Higher tax revenue forecasts and billions in savings on debt service and pension contributions have helped New York City close its 2016 fiscal year budget gap and narrow the out-year budget gaps, according to an analysis of the city’s financial plan released today by New York State Comptroller Thomas P. DiNapoli.

DiNapoli: Pharma Company Agrees To Bar Its Drugs From Use In State Executions

New York State Comptroller Thomas P. DiNapoli announced that in response to a Common Retirement Fund shareholder resolution, Akorn Pharmaceuticals is taking action to prevent its products from being used in lethal injection executions and is asking any states that might have its products on hand for such purposes to return them. The company detailed its new policy in a letter to DiNapoli’s office.

DiNapoli: Agricultural Activity Brings $37.6 Billion Into New York’s Economy

Agriculture contributed $37.6 billion to New York’s economy in 2012, an increase of more than 22 percent from 2007, according to a report released today by State Comptroller Thomas P. DiNapoli. The state ranks in the top 10 nationwide for milk and other dairy production, as well as wine, apples, maple syrup and other products.

Statement from New York State Comptroller Thomas P. DiNapoli on President Trump's Budget Proposal

"The President's budget does not prioritize the needs of the middle-class or the most vulnerable among us. The budget, while cutting taxes for the wealthiest Americans, would decimate vital programs that millions of New Yorkers rely on. His proposal also creates real consequences for the state budget, putting New York's taxpayers on the hook for billions of dollars in eliminated federal funding."

Here are some of the programs put at risk by the President’s proposed budget:

DiNapoli: State Pension Fund Value $192 Billion

New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) earned an estimated 11.42 percent return on investments in the state fiscal year that ended on March 31, 2017. The Fund has an estimated value of $192 billion.

DiNapoli: Springport Town Clerk Faces Criminal Charges

Springport Town Clerk Deborah Waldron was arrested today for allegedly trespassing on a town computer to boost her retirement benefits with the New York State and Local Retirement System, State Comptroller Thomas P. DiNapoli said.

Waldron, 62, a 25-year town employee, was charged with offering a false instrument for filing in the 1st degree, computer trespass and official misconduct, following an investigation by the Comptroller, New York State Police and the Cayuga County District Attorney’s office. Waldron pleaded not guilty and is due back in Aurelius Town Court on June 28.

DiNapoli Releases April State Cash Report

State tax collections totaled $7.1 billion in the first month of the new fiscal year, a decline of $1.1 billion or 13.1 percent from the same period last year, largely driven by a decline in personal income tax (PIT) collections, according to the state cash report issued today by State Comptroller Thomas P. DiNapoli.