Comptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P.
New York State Comptroller Thomas P.
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.
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.
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.
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.
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.
Employees in six upstate New York school districts had inappropriate computer access to sensitive student data and were able to change student grades and attendance records without proper authorization, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P.
New York State Comptroller Thomas P.
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.