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

DiNapoli: New York State Common Retirement Fund Reaches Agreements with Companies on Disclosing Political Spending

Five major U.S. companies have agreed to disclose their political spending under agreements reached with the New York State Common Retirement Fund, New York State Comptroller Thomas P. DiNapoli announced today. DiNapoli’s political spending proposal at Twitter also received a majority of support from shareholders at the company’s annual meeting, and he has since called on the company to fully implement the proposal.

State Comptroller DiNapoli Releases Municipal Audits

New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.

Town of Danby – Town Clerk (Tompkins County)

Tax collections were missing and not deposited in an efficient manner. The clerk also did not identify tax collection account errors totaling $64,959 and could not account for approximately $1,000 in cash from tax collections. The board did not perform an annual audit of the clerk’s records.

DiNapoli Statement on Legislation Restoring Contract Review Authority

New York State Comptroller Thomas P. DiNapoli issued the following statement today following the passage of A.7925-A in the Assembly which will statutorily restore the Office of the State Comptroller’s review of certain state contracts which had previously been removed. The legislation (S.6809-A) already passed in the Senate on May 18, 2022.

DiNapoli Analysis Finds Worrisome, Uneven Economic Recovery Among NYC's Labor Force

New York City lags behind the rest of the state and nation in regaining the jobs lost from the onset of the pandemic in March and April 2020, according to an analysis on the city’s labor force released by New York State Comptroller Thomas P. DiNapoli today. By March 2022, the city recovered just under 71% of jobs lost, while the rest of New York state has regained 82% of jobs. By April 2022, the United States had regained 95%.

DiNapoli: New York City Budget Surplus on Pace to Grow Another $2.4 Billion from April Projections

Strong revenue growth may allow New York City to generate at least an additional $2.4 billion in operating surplus in city fiscal year (FY) 2022 compared to the Executive Budget released in April. However, better-than-projected fiscal performance may be short-lived amid inflation, geopolitical tension and supply chain issues, according to an analysis released today by State Comptroller Thomas P. DiNapoli. DiNapoli urged the city to put a substantial portion of the surplus funds into reserves and protect itself against uncertainty.