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NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

State Comptroller DiNapoli Positions New York Pension Fund For Low Carbon Future

New York State Comptroller Thomas P. DiNapoli today announced an investment strategy that will raise the New York Common Retirement Fund’s (Fund) commitment to sustainable investments to $5 billion. The cornerstone of DiNapoli’s plan is the creation of a $2 billion index that will exclude or reduce investments in companies that are large contributors to carbon emissions like the coal mining industry, and increase the Fund’s investments in companies that are lower emitters.

DiNapoli: Limited Regulation of Adult Day Care Programs Poses Potential Risks to Vulnerable Adults

Many social adult day services programs (SADS) in New York operate without regulations or licenses, leaving disabled adults or seniors at potential risk, according to an audit released today by State Comptroller Thomas P. DiNapoli. The audit is the first in a series looking at issues affecting the elderly in New York.

DiNapoli Consumer Alert: Contribute to a 529 College Savings Account and Deduct Up to $10,000 From Your State Taxes

New York State Comptroller Thomas P. DiNapoli today reminded New Yorkers that contributions to a New York State 529 College Savings Program account are tax deductible. New York’s 529 College Savings Program, an investment tool designed to help parents save for college, ranks among the best in the nation, and New York is one of a handful of states that offer state tax relief.

DiNapoli: New Yorkers Foot the Bill for Billions in Public Authority Spending and Debt

Spending by New York’s largest public authorities jumped $3.5 billion since last reported in 2013, with state and local authorities reporting nearly $60 billion in spending in their latest annual filings, according to a report released today by State Comptroller Thomas P. DiNapoli. Meanwhile, the combined debt of state and local authorities topped a quarter of a trillion dollars.

DiNapoli: Cohocton Town Clerk Pleads Guilty In $36,000 Theft

Former Cohocton Town Clerk Sandra Riley pleaded guilty Steuben County Court Monday to stealing $36,000 in dog license and building permit fees after an audit and investigation by State Comptroller Thomas P. DiNapoli’s office revealed the theft of public funds.

Riley, 51, pleaded guilty to grand larceny in the third degree, a Class D felony, before Judge Peter Bradstreet. Riley also admitted taking tax penalty payments and other cash for six years. Sentencing is scheduled for March 2. Riley is expected to be sentenced to jail time, probation and payment of restitution in full.

DiNapoli: Audit Reveals Theft of Cash, Questionable Spending by Minetto Volunteer Fire Dept. Chief

The chief of the Minetto Volunteer Fire Company in Oswego County spent nearly $6,000 in public funds on personal purchases such as guns and motorcycle parts, according to an audit released today by State Comptroller Thomas P. DiNapoli. The audit revealed a total of $22,000 in misused funds, questionable spending and missing cash.