New Yorkers can find out if they are owed some of the state’s $12.5 billion in unclaimed funds at events across the state in February, State Comptroller Thomas P. DiNapoli announced today.
“New York has $12.5 billion in unclaimed fund accounts. We want to return this money to its rightful owners,” DiNapoli said. “The money belongs to New Yorkers. We want to give it back.”
Money in the Dedicated Highway and Bridge Trust Fund continues to be diverted for non-capital purposes, leaving critical highway and bridge projects at increased risk as the state faces fiscal challenges and shrinking debt capacity, according to a report issued today by New York State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P.
Officials in Dutchess County’s East Clinton Fire District improperly paid nearly $35,000 in personal expenses for members, including rent, cable television and college fees, according to an audit released today by State Comptroller Thomas P. DiNapoli. The findings of the Comptroller’s audit and investigation were referred to Dutchess County District Attorney William V. Grady.
Cash bonuses paid to New York City securities industry employees are forecast to rise by 8 percent to $20 billion during this year’s bonus season, according to an estimate released today by State Comptroller Thomas P. DiNapoli.
State Comptroller Thomas P. DiNapoli announced today his office approved 1,506 contracts valued at $2.27 billion and approved more than 2.9 million payments worth nearly $9.9 billion in November. His office also rejected 173 contracts and related transactions valued at $611 million and nearly 1,300 payments valued at more than $3.6 million due to fraud, waste or other improprieties.
New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued:
"The New York State Common Retirement Fund has absolutely no tolerance for self-dealing, and we are outraged by Mr. Kang's shocking betrayal of his responsibilities. In February 2016, he was dismissed. As the criminal indictment says, he secretly circumvented our rigorous ethical standards and policies. When his misconduct was uncovered by federal authorities, our inspector general worked with law enforcement officials to uncover the extent of his scheme. We thank U.S.
State tax collections through November declined $1.1 billion, or 2.4 percent, from the same period last year, according to the state cash report issued today by State Comptroller Thomas P. DiNapoli. Year-to-date tax collections of nearly $45.2 billion were $23.3 million higher than the latest projections included in the mid-year update to the Financial Plan. The state also received $273 million in new monetary settlements in November.
