State Comptroller DiNapoli Releases State Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued:
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DiNapoli: State Pension Fund Value $178.1 Billion
New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) earned a 0.19 percent return on investments in the state fiscal year that ended on March 31, 2016. The Fund’s performance mirrored results in the broader markets during a volatile year. The Fund has an estimated value of $178.1 billion.
Treasurer of Mahopac Volunteer Fire Department Charged With Embezzling More Than $5.7 Million and Failing To Report The Income To The IRS
Preet Bharara, the United States Attorney for the Southern District of New York, Thomas P. DiNapoli, New York State Comptroller, Shantelle P.
Comptroller DiNapoli Releases School Audits
New York State Comptroller Thomas P.
DiNapoli: Surge in Tourism Bolsters NYC Hotel Industry
The number of hotel rooms in New York City increased by 48 percent between 2006 and 2015, and the number of industry jobs increased by 29 percent, according to a report issued today by State Comptroller Thomas P. DiNapoli.
Comptroller DiNapoli & A.G. Schneiderman Announce Charges Against Florida Resident For Allegedly Stealing Over $148k In NYS Pension Benefits
New York State Comptroller Thomas DiNapoli and Attorney General Eric T. Schneiderman announced today the unsealing of an indictment charging Renee Kanas, 63, a resident of Tamarac, Florida, with Grand Larceny in the Second Degree, a Class C felony. Kanas is charged in Albany County Court with stealing over $148,000 in pension payments from the New York State and Local Employees Retirement System paid to her father, Jacob Yudenfreund, a New York State pensioner who died in March 2010.
Comptroller DiNapoli And A.G. Schneiderman Announce Sentencing of New Jersey Woman in Theft of More Than $162,000 in New York State Pension Benefits
New York State Comptroller Thomas DiNapoli and Attorney General Eric T. Schneiderman today announced the sentencing of Linda Miller, 58, of Englewood, N.J., to six months in jail and five years of probation for the theft of more than $162,000 in pension benefits from the New York State and Local Employees Retirement System. Linda Miller continued to cash her mother Josephine Miller's retirement benefits until 2012, despite her mother's death in 2006. Linda Miller pleaded guilty in July 2015 to 3rd degree Grand Larceny, a class D felony, in Albany County Court before the Honorable Thomas A.
DiNapoli: East Ramapo School Budget Hampered By Deficits, Inadequate Rainy Day Funds
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The East Ramapo Central School District continues to face significant fiscal stress due to unrealistic budgeting, continued operating deficits and inadequate reserve funds, according to a follow-up audit issued today by New York State Comptroller Thomas P. DiNapoli.
DiNapoli Announces State Contract and Payment Actions for May 2016
State Comptroller Thomas P. DiNapoli announced today his office approved 1,636 contracts valued at $1.99 billion and approved nearly 2.2 million payments worth nearly $10.3 billion in May. His office also rejected 176 contracts and related transactions valued at $180 million and more than 2,000 payments valued at nearly $5.7 million due to fraud, waste or other improprieties.
DiNapoli: Many Homeless Shelters in Poor Condition
Many of the state’s homeless shelters outside New York City are in substandard condition with numerous health and safety issues that need to be addressed immediately, according to a report on homelessness released today by New York State Comptroller Thomas P. DiNapoli. DiNapoli called on state and local officials to improve coordination and respond quickly to improve homeless shelter conditions.