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NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

        
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State Ends 2015-16 Fiscal Year with Strong Cash Position Largely From Temporary Resources

The state collected $153.3 billion in State Fiscal Year (SFY) 2015-16, an increase of 2.8 percent from a year earlier, and ended the SFY $1.9 billion higher than initial projections, largely because of legal settlements and personal income tax (PIT) collections, according to a report released today by State Comptroller Thomas P. DiNapoli.

DiNapoli: Fast Food Companies Agree to Stronger Supplier Oversight

New York State Comptroller Thomas P. DiNapoli today announced that Fortune 500 fast food companies Wendy’s and YUM! Brands, the parent company of Kentucky Fried Chicken, Pizza Hut and Taco Bell, have agreed to conduct assessments of human rights risks related to labor standards in their operations and supply chains. The companies also agreed to publish these risk assessments on their websites later this year.

State Comptroller DiNapoli and Manhattan U.S. Attorney Bharara Announce Arrest of Joseph Grossmann for Defrauding New York State Pension Fund of Over $130,000

State Comptroller Thomas P. DiNapoli and Preet Bharara, the United States Attorney for the Southern District of New York, announced today the arrest of JOSEPH GROSSMANN for fraudulently obtaining the pension of a deceased former New York State employee. The defendant was arrested and presented today in the District of South Carolina.

DiNapoli Calls for Reforms to State Fiscal Practices

New York State Comptroller Thomas P. DiNapoli today called for changes to the state’s fiscal practices, including limiting discretionary lump sum spending, restricting “backdoor spending” by public authorities and imposing a constitutional limit on state debt, among other reforms, to bring increased transparency and accountability to state finances.

Comptroller DiNapoli & A.G. Schneiderman Announce Sentencing of Defendants in Elaborate Multi-Million Dollar Bid-Rigging Case Involving Public Contracts

State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman today announced the sentencing of the remaining three defendants in an elaborate bid-rigging conspiracy that illegally steered multi-million dollar public works contracts for Monroe County to favored and connected companies, resulting in the restraint of competition. The defendants profited from this scheme and defrauded the taxpayers of Monroe County.