New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued:

New York State Comptroller Thomas P. DiNapoli today announced fiscal stress rankings for several upstate cities. With today’s announcement, DiNapoli’s office has completed the initial scoring for all local governments and school districts in New York.

“The news of Mayor de Blasio and the UFT reaching an agreement for a long overdue contract for teachers is a most welcome change in how city government and its workforce relate to one another. Today’s agreement provides greater certainty for New York City’s fiscal outlook and sets a new tone for the country’s largest city and municipal workforce. I applaud Mayor de Blasio and UFT President Michael Mulgrew for reaching this difficult milestone so quickly.”

New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Bayport-Blue Point Public Library, Cincinnatus Fire District and the Claryville Volunteer Fire Company.

Thanksgiving is a time for celebrating all of the blessings in our lives and to remember those who are not as fortunate. I want to express my deep gratitude to my colleagues at the Office of the State Comptroller and the dedicated public workforce that serves the people of this great state. We live in a state and country with bountiful opportunities, and while our busy lives often distract us from appreciating what we have as New Yorkers and Americans, I hope you take the time to reflect on the many wonderful people and amazing possibilities in your own life.

The New York State Common Retirement Fund’s (Fund) overall return in the second quarter of the state fiscal year 2015 was -0.52 percent, bringing the Fund’s estimated value to $178.3 billion, according to New York State Comptroller Thomas P. DiNapoli.

“On the heels of a robust first quarter, the second quarter presented investors with challenges,” DiNapoli said. “As always, our diversified investment allocation positions us to maximize long-term value.”

The state pension fund has committed an additional $50 million for investments in New York State-based companies through its In-State Private Equity Investment Program, New York State Comptroller Thomas P. DiNapoli announced today. Investments made from this money will be overseen by Graycliff Partners, a new investment partner for the fund and one of 19 investment firms that manage In-State Private Equity investments.

Year-to-date state tax collections of $38.4 billion were $14.4 million lower than projected in the most recent Financial Plan update, but more than $1.6 billion above initial projections from the Enacted Budget Financial Plan. The state has also collected nearly $3.5 billion from financial settlements since the budget was enacted, according to the October cash report released today by New York State Comptroller Thomas P. DiNapoli. 

Officials of the Wyandanch Public Library in Suffolk County failed to notice $4,600 in missing cash, overpaid the library’s treasurer $6,900 and allowed the president to alter the time records of a family member employed by the library which resulted in nearly $20,000 in questionable pay, according to an audit released today by State Comptroller Thomas P. DiNapoli. Auditors also discovered that additional staff were overpaid or received unauthorized overtime payments.

State Comptroller Thomas P. DiNapoli announced today his office reviewed 1,768 contracts valued at $18 billion and approved nearly 1.1 million payments worth nearly $7.4 billion in October. His office also rejected 177 contracts and related transactions valued at $568.3 million and nearly 55,000 payments valued at more than $4.1 million due to fraud, waste or other improprieties.