New York State Comptroller Thomas P. DiNapoli, as trustee of the New York State Common Retirement Fund (Fund), announced today that Goodyear Tire and Rubber Co. and Nisource Inc. have agreed to the Fund's request that they publicly report all direct and indirect corporate political spending.
Separate audits of Metro-North Railroad and the Long Island Rail Road (LIRR) found they failed to properly manage overtime paid by funds from the American Recovery and Reinvestment Act (ARRA), allowing abuses such as allowing some conductors to charge overtime for tasks such as washing up for work, New York State Comptroller Thomas P. DiNapoli announced today.
New York State Comptroller Thomas P.
Prudent budgeting and proactive financial planning by officials in the Binghamton City School District have helped to improve the district’s fiscal condition, according to an audit issued today by State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P.
State Comptroller Thomas P. DiNapoli announced today his office reviewed 2,193 contracts valued at $9.8 billion and approved more than 2.3 million payments worth $11 billion in December 2013. His office rejected 205 contract transactions valued at $358 million and 1,390 payments valued at $1.9 million due to fraud, waste and other improprieties.
Major changes to the federal tax code being considered by the President and Congress would have significant implications for New Yorkers, including the elimination of the more than $67 billion in state and local tax deductions reported by New Yorkers on their federal taxes, according to a report released today by State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued:
State Comptroller Thomas P. DiNapoli issued a report today detailing the impact of federal aid on New York's municipalities and school districts. In 2015, local governments and school districts outside New York City received $4.7 billion in direct federal aid. Separately, New York City received $7 billion, of which $1.7 billion went to funding the city's public schools.
Property tax levy growth for local governments with fiscal years that close on Dec. 31 will be capped at 1.84 percent for the 2018 fiscal year, according to State Comptroller Thomas P. DiNapoli. This figure affects the tax cap calculations for all counties, towns, fire districts, 44 cities and 10 villages.
