"Happy Lunar New Year to all New Yorkers. My best wishes for an auspicious Year of the Goat that brings peace, prosperity and good health to you and your family. It’s a pleasure to be able to share this annual cultural celebration with New York’s vibrant and diverse Asian-American community."
The state Department of Health (DOH) failed to collect nearly $120 million in available rebates over a 33-month period from prescription drug makers for the Medicaid program because of ineffective policies and processes, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
Local law enforcement agencies did not properly safeguard seized property, including cash, drugs, firearms and vehicles, according to an audit released today by State Comptroller Thomas P. DiNapoli. The audit reviewed records in ten municipalities: Herkimer and Madison counties, the cities of Auburn, Elmira, Troy and Watertown; the towns of Hamburg, Irondequoit and Newburgh; as well as the village of Johnson City.
The New York State Common Retirement Fund’s (Fund) overall return in the third quarter of the state fiscal year 2015 was 1.91 percent for the three-month period ending December 31, 2014, bringing the Fund’s estimated value to $181.7 billion, according to New York State Comptroller Thomas P. DiNapoli.
“Prudent management has nurtured the Fund’s growth despite market volatility,” DiNapoli said. “We continue to seek out diverse opportunities that enable us to maximize stable, long-term investment returns that ensure a secure retirement.”
State Comptroller Thomas P. DiNapoli announced today his office approved 1,634 contracts valued at $1.31 billion and approved nearly 2 million payments worth nearly $8.3 billion in August. His office also rejected 177 contracts and related transactions valued at $300 million and nearly 1,400 payments valued at more than $4.1 million due to fraud, waste or other improprieties.
New York State Comptroller Thomas P. DiNapoli today released a report on student loan debt which found the average New Yorker with college loans owed $32,200 in 2015, higher than the national average of $29,700. In New York, student loan debt more than doubled during the last decade, growing to $82 billion from $39 billion, an increase of 112 percent.
Pennellville Volunteer Fireman’s Association (VFA) former Fire Chief Duane Royal pleaded guilty Wednesday to petit larceny for stealing VFA gas for his private process-serving business, State Comptroller Thomas P. DiNapoli said.
“Stealing gas for yourself is a crime, no matter the amount,” DiNapoli said. “I urge all fire protection providers to safeguard public assets and tighten their oversight to prevent such thefts. I thank the New York State Police and Oswego County District Attorney Gregory Oakes for taking action on this case.”
The population, the number of jobs and businesses, and the wages being paid in Sunset Park, Brooklyn are all growing at a rapid pace, according to a report released today by New York State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued:
It has been 15 years since the horrific and devastating terrorist attacks took the lives of more than 2,750 people in Lower Manhattan on September 11, 2001. New York and the nation have come a long way.
Our mourning for those who lost their lives will never end, but there is strength and resilience in knowing that the terrorists failed that day. We remain defiantly freedom loving and Lower Manhattan embodies that spirit in New York.
