An audit issued today by New York State Comptroller Thomas P. DiNapoli has identified $32,271 in unallowable expenses and $489,616 in questionable costs that were paid by the state Office of Mental Health (OMH) to an Altamont, N.Y. company that serves as a supportive housing provider for New Yorkers with mental illness.
New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Ausable Valley Central School District, Frontier Central School District and the Utica City School District.
New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Town of Amenia, Jericho Water District, Town of Poland and the Town of Porter.
State Comptroller Thomas P. DiNapoli announced today his office approved 1,873 contracts valued at $8.77 billion and approved nearly 4.1 million payments worth more than $23.8 billion in March. His office also rejected 245 contracts and related transactions valued at $440 million and more than 4,800 payments valued at more than $9.4 million due to concerns with fraud, waste or other improprieties.
New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of Franklin Square and Munson Fire District, Greater Syracuse Property Development Corporation, Village of Mayfield, Village of Newport and the Wassaic Fire District.
"In today’s fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being spent appropriately and effectively."
Over the past 10 years, New York spent an estimated $81.7 billion – including tax dollars, federal aid and long-term borrowing proceeds – to support its capital program, with another $9.6 billion proposed for the upcoming fiscal year, according to a report released today by State Comptroller Thomas P. DiNapoli. The report, which reviews New York's capital spending over the past decade and plans for the coming years, concludes that reforms are needed to ensure that New York State is spending its billions of capital project dollars wisely.
New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) has withdrawn its shareholder proposal at The Priceline Group Inc. after the company agreed to formally include gender and racial diversity among the qualities it will actively seek in its board members. When the Fund filed its request for Priceline to commit to board diversity, the company had just one female director.
New York’s 529 College Saving Program has helped New York students and families pay for more than $287 million in college-related expenses this year, New York State Comptroller Thomas P. DiNapoli said today in recognition of 529 College Savings Day to be celebrated on Sunday, May 29.
“With the cost of college on the rise, it’s a great time to consider opening a 529 College Savings account for your child,” DiNapoli said. “For just as little as $25, you can begin laying the foundation to turn childhood dreams into adulthood reality.”
ExxonMobil shareholders showed significant support for a motion asking the company to report on how its business will be affected by worldwide efforts to combat climate change, despite the board of directors’ opposition. The resolution, filed by New York State Comptroller Thomas P. DiNapoli and the Church Commissioners for England, asks the company to assess and report on how its business model will be affected by global efforts to limit the average rise in temperatures to below 2-degrees Celsius.
New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) is investing $15 million (£9 million) with Northern Ireland venture capital firm Crescent Capital.
The allocation followed an intensive analysis by 57 Stars LLC, the manager of the Fund’s $100 million Emerging Europe Fund, and is part of an estimated $30 million anticipated investment in Northern Ireland.
