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.
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.
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.
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.
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.
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."
