Main Banner

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

Comptrollers DiNapoli, Lander Urge Fellow Netflix Investors to Support Workers' Rights

New York State Comptroller Thomas P. DiNapoli and New York City Comptroller Brad Lander today announced that they have called on Netflix shareholders to support their joint proposal urging the streaming service to uphold its employees’ rights to freedom of association and collective bargaining. Their shareholder proposal will be subject to a vote at the company’s annual meeting on June 1, 2023.

DiNapoli: State Agency Overtime Costs Grew by 47.2% in 2022, Marking an All-Time High

Overtime costs at state agencies rose 47.2% to more than $1.36 billion in 2022, setting a new record, according to a report released today by State Comptroller Thomas P. DiNapoli. Overtime hours increased 11.1% to 22.2 million over the same period. Overtime earnings comprised 7.5% of total payroll spending in 2022, a significant increase from the 4.6% average from 2013-2021.

DiNapoli: State Pension Fund Reaches Agreements with Companies to Evaluate and Set Greenhouse Gas Emissions Reduction Targets

The New York State Common Retirement Fund (Fund) has reached agreements with four major U.S. companies to evaluate and set targets to reduce their greenhouse gas emissions (GHG) and regularly report on their progress toward meeting their goals, New York State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. In response to the agreements, the Fund withdrew its shareholder resolutions with the companies.

State Contract and Payment Actions in March

In March, the Office of the State Comptroller approved 2,618 contracts for state agencies and public authorities valued at $7.1 billion and approved nearly 4.2 million payments worth nearly $38.1 billion. The office rejected 159 contracts and related transactions valued at $272.6 million and nearly 9,200 payments valued at nearly $34.6 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at Open Book New York.

State Comptroller Thomas P. DiNapoli Statement on State Budget for State Fiscal Year 2023-24

"The state budget makes important investments in education and health care, including mental health care, and provides significant, recurring funding to the MTA that will help close budget gaps. The Governor has stated that reserves will equal 15% of State Operating Funds, consistent with recommendations I have long advocated. The budget also makes statutory changes that increase the allowable deposits and balances of the state's rainy day reserves. The state should put this authority to use by relying more on statutory, rather than informal, reserves.

DiNapoli & Lander’s Proposal Calling on Wells Fargo Board to Report on Efforts to Prevent Discrimination and Harassment Wins Majority Support From Shareholders

New York State Comptroller Thomas P. DiNapoli and New York City Comptroller Brad Lander called on Wells Fargo & Co.’s board of directors to publicly report on the company’s efforts to prevent harassment and discrimination in the workplace following a majority shareholder vote in favor of a proposal filed by the New York State Common Retirement Fund (Fund) and the New York City Pension Funds. DiNapoli serves as the trustee of the Fund and Lander serves as fiduciary to the city’s five public pension funds.