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NEWS from the Office of the New York State Comptroller
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DiNapoli Releases State Cash Report

Tax revenues of $3.9 billion in May were stronger than projected, with collections for the fiscal year now $142.3 million higher than projections from the Enacted Budget, according to the monthly state cash report issued today by New York State Comptroller Thomas P. DiNapoli. The General Fund balance totaled $9.6 billion at the end of May, up more than 31 percent since March 31.

DiNapoli Announces State Contract and Payment Actions for December 2015

State Comptroller Thomas P. DiNapoli announced today his office approved 1,875 contracts valued at $15.15 billion and approved 2.1 million payments worth $11.3 billion in December. His office also rejected 227 contracts and related transactions valued at approximately $500 million and 600 payments valued at $2.2 million due to fraud, waste or other improprieties.

DiNapoli Announces State Contract and Payment Actions for May 2015

State Comptroller Thomas P. DiNapoli announced today his office approved 1,606 contracts valued at $94.3 billion and approved nearly 1.4 million payments worth approximately $10.4 billion in May. His office also rejected 178 contracts and related transactions valued at $309 million and nearly 2,700 payments valued at nearly $14.3 million due to fraud, waste or other improprieties.

DiNapoli: 82 School Districts in Fiscal Stress

Eighty-two school districts have been designated as fiscally stressed under New York State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System. The scores are based on the evaluation of 672 school districts with fiscal years ending on June 30, 2015.

State Comptroller DiNapoli Statement on Passage of Legislation Increasing Oversight of Industrial Development Agencies (A.07915/S.05867)

IDA's in New York's communities seek to generate economic activity and help private businesses grow and expand. The importance of economic development in our state demanded that we come up with better methods to evaluate IDAs and the projects that are receiving tax breaks.

Comptroller DiNapoli and A.G. Schneiderman Announce Charges Against Georgia Resident for Stealing Over $200K in NYS Pension Benefits

New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman today announced the unsealing of a one-count indictment charging Richard L. Cook III, 57, a resident of Atlanta, Ga., with the crime of Grand Larceny in the Second Degree, a class C felony, in Albany County Court. Cook is charged with stealing over $200,000 in pension payments from the New York State and Local Employees Retirement System paid to his deceased mother, Yvonne Powell, a New York State pensioner who died in 2009.