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New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) has withdrawn its shareholder proposal at The Priceline Group Inc. after the company agreed to formally include gender and racial diversity among the qualities it will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.

New York City is projecting a surplus of $3.4 billion for fiscal year (FY) 2016, but concerns for the near future are growing with a slowing economy here and abroad, according to a report released today by State Comptroller Thomas P. DiNapoli.

New York state collected $8.2 billion in taxes during the first month of the 2016-17 fiscal year, a decline of $420.4 million or 4.9 percent from April 2015, according to the monthly state cash report issued today by State Comptroller Thomas P. DiNapoli. The year-over-year decline is primarily due to lower estimated personal income tax (PIT) payments as a result of weaker financial market performance in 2015 than in 2014.

On May 25, at ExxonMobil's annual shareholders' meeting, New York State Comptroller Thomas P. DiNapoli and the Church of England — supported by more than 60 institutional investors — will urge the company to address climate change risk. At the meeting, ExxonMobil's board of directors will hear directly from major shareholders who want the company to assess and report on how its business model will adjust to the worldwide effort to limit climate change.

“My family and I mourn the passing of my beloved father, Nicholas P. DiNapoli. Dad passed away at the age of 92 on Sunday. To us, he was just the greatest father and grandfather in the world. My brother James and I are grateful for the expressions of support offered by so many and for the many kindnesses shown to our father over the years. Please continue to keep him in your prayers.

State Comptroller Thomas P. DiNapoli announced today his office approved 990 contracts valued at $750 million and approved nearly 3.9 million payments worth more than $10.4 billion in April. His office also rejected 116 contracts and related transactions valued at $330 million and nearly 6,000 payments valued at more than $10.7 million due to fraud, waste or other improprieties.