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

Comptroller Dinapoli and A.G. Schneiderman Announce Arrests in Public Corruption Case Involving Developer Who Allegedly Laundered Campaign Contributions to Former Halfmoon Supervisor

Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman today announced the arrest and indictment of Bruce C. Tanski of Clifton Park, Katina M. Fogarty of Latham, and Nicholas M. DiNova, Jr. of Halfmoon for their roles in an alleged scheme to circumvent campaign finance laws.

Comptroller DiNapoli and A.G. Schneiderman Announce Arrest and Indictment of Defendant Accused of Theft of Over $50,000 in New York State Pension Benefits

New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman today announced the arrest and unsealing of a one-count indictment charging Graycelia Cizik, 64, a resident of Polk County, Florida, with the crime of Grand Larceny in the Second Degree, a class C felony, in Albany County Court.

DiNapoli Announces State Contract & Payment Actions for July 2014

State Comptroller Thomas P. DiNapoli announced today his office reviewed 2,035 contracts valued at $1.6 billion and approved more than 1.3 million payments worth more than $7.6 billion during the month of July. His office also rejected 256 contracts and related transactions valued at $304.6 million and more than 1,250 payments valued at $3.1 million due to fraud, waste or other improprieties.

DiNapoli Releases July State Cash Report

State tax collections through July were $479.5 million lower than collections for the same period last year, primarily reflecting lower Personal Income Tax (PIT) collections from April and May. Still, the state is in a relatively good financial position after collecting more than $3 billion from financial settlements since the state budget was enacted, according to the July cash report released today by New York State Comptroller Thomas P. DiNapoli.

DiNapoli: Lockport Facing Severe Cash Flow Problems

The city of Lockport will run out of cash to pay for operations in the very near future unless it secures new financing or drastically cuts expenditures, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. The city’s financial troubles stem from poor record keeping and a reliance on fund balance to finance operations.

DiNapoli: NYS Common Retirement Fund Rises to Estimated $180.7 Billion

The New York State Common Retirement Fund’s (Fund) value grew to an estimated $180.7 billion in the first quarter ending June 30, 2014, according to New York State Comptroller Thomas P. DiNapoli. The Fund had ended the state’s Fiscal Year 2014 on March 31 with a value of $176.8 billion. The net growth in the value of the fund reflects earnings over the quarter, offset by benefit payments.