State Comptroller Thomas P. DiNapoli today announced the introduction of a legislative proposal aimed at helping local governments across New York improve their long-term budget planning. The bill would provide reimbursement from the state to municipalities for costs incurred for hiring financial advisors to assist in the development of multi-year budget plans.
State Comptroller Thomas P. DiNapoli announced today his office reviewed 2,379 contracts valued at $2.9 billion and approved more than 2.7 million payments worth more than $18.9 billion in March 2014. His office also rejected 202 contracts and related transactions valued at $531 million and 5,036 payments valued at more than $7.9 million due to fraud, waste or improprieties.
New York state ended the 2013-14 fiscal year in the strongest fiscal position in years and was able to deposit $175 million in the Rainy Day Reserve Fund for the first time since 2008, according to a report on the recently enacted state budget released today by State Comptroller Thomas P. DiNapoli. Still, the $143 billion budget continues to rely, in part, on temporary funding streams to attain balance.
New York State Comptroller Thomas P.
New York State Comptroller Thomas P.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued:
New York State Comptroller Thomas P. DiNapoli announced today his office stopped more than $24 million in questionable personal income tax refunds so far in 2014, after finding 7,482 improper filings –an 18 percent rise from last year. To date, DiNapoli's office audited and approved 4.8 million state refund requests totaling $4.3 billion. Another 346,000 refund requests totaling $352.5 million are expected to be paid in the coming days.
New York State Comptroller Thomas P. DiNapoli announced today a shareholder agreement with media and technology company Comcast Corp. to disclose political spending made with corporate funds. In December, as trustee of the New York State Common Retirement Fund (Fund), DiNapoli filed a shareholder resolution calling for the company to make public its political spending. The new agreement resulted in a withdrawal of the resolution. As of March 14, the Fund owned 7,885,555 shares of Comcast valued at $383.7 million
The former justice court clerk in the town of Potsdam was arrested for embezzling $117,000 after an audit found she manipulated court accounting records and pocketed cash receipts, according to State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P.
