Comptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P.
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DiNapoli: Central NY Village Official Stole More Than $100K
State Comptroller Thomas P. DiNapoli announced today that an audit and investigation by his office revealed a former official of the now-dissolved village of Altmar in Oswego County stole more than $117,000 in public funds. The New York State Police yesterday arrested Margaret Bailey and charged her with felony counts of grand larceny and falsifying business records.
DiNapoli Announces State Contract and Payment Actions for Feb. 2014
State Comptroller Thomas P. DiNapoli announced today his office reviewed 1,698 contracts valued at $4.4 billion and approved more than 2.7 million payments worth more than $8.5 billion in February 2014. His office also rejected 157 contract transactions valued at $362.8 million and 3,346 payments valued at more than $3.8 million due to fraud, waste or other improprieties.
Comptroller DiNapoli Releases School Audits
New York State Comptroller Thomas P.
Comptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P.
DiNapoli Rejects DOT Contract due to Unanswered Questions About Contractor
New York State Comptroller Thomas P. DiNapoli today rejected a state Department of Transportation (DOT) contract with Whitestone, N.Y.-based Limnes Corp. for $4.7 million for painting bridges in Nassau and Suffolk counties citing its ties to two companies debarred by the state for prevailing wage violations.
Wall Street Bonuses Went Up In 2013
The average bonus paid to securities industry employees in New York City grew by 15 percent to $164,530 in 2013, which is the largest average bonus since the 2008 financial crisis, and the third highest on record, according to an estimate released today by New York State Comptroller Thomas P. DiNapoli. The bonus estimate includes cash bonuses for the current year, supplemented by compensation deferred from prior years.
DiNapoli Releases Review of City's Proposed Budget and Financial Plan
New York City Mayor Bill de Blasio’s budget proposal appropriately uses higher than expected tax revenues to reduce out-year budget gaps and to replenish reserves, according to a review of New York City’s financial plan released today by New York State Comptroller Thomas P. DiNapoli. The report notes, however, that the potential cost of labor negotiations casts a shadow of uncertainty on the city’s finances.
DiNapoli: Rising Costs Hitting Homeowners & Renters Statewide
Housing costs in New York rose sharply relative to income from 2000 to 2012, with more than half of renters and more than a third of homeowners paying at least 30 percent of their 2012 income for a place to live, according to a report released today by State Comptroller Thomas P. DiNapoli.
DiNapoli Statement on Special Education Provider Guilty Plea in Federal Court
New York State Comptroller Thomas P. DiNapoli today issued the following statement on the guilty plea to mail fraud in federal court by Cheon Park, the owner of Bilingual SEIT & Preschool Inc., which stemmed from a referral from DiNapoli’s office.