State Comptroller DiNapoli Releases School District Audits
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits were issued.
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits were issued.
“The Governor has done the right thing. New York is facing many challenges as we battle the ongoing impact of COVID-19. My team and I stand ready to assist incoming Governor Hochul as we move the state forward.”
The New York State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2021-22 was 5.82% for the three-month period ending June 30, 2021, according to New York State Comptroller Thomas P. DiNapoli. It ended the quarter with an estimated value of $268.3 billion.
The New York State Common Retirement Fund (Fund) is evaluating 42 publicly traded shale oil and gas companies to determine if they are prepared for the transition to a low-carbon economy, New York State Comptroller Thomas P. DiNapoli, trustee of the third largest public pension plan in the country, announced today. The Fund also restricted investments in five more coal producers, adding those companies to the list of 22 that the Fund divested from in 2020.
"This is a sad day for New York. The Attorney General's report documents unacceptable workplace behavior in the Executive Chamber at the highest level of state leadership. The women who came forward are courageous, and they have been heard. As I stated months ago, the Governor should step down."
In June, the Office of the State Comptroller approved 1,487 contracts for state agencies and public authorities valued at $18.6 billion and approved more than 20.9 million payments worth more than $18.1 billion. The office rejected 149 contracts and related transactions valued at $2.9 billion and nearly 9,300 payments valued at nearly $25.4 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.
Stronger-than-projected year-end budgetary results, fueled by extraordinary one-time federal relief, will mostly be used to fund new spending, with a smaller portion set aside to build up reserves, according to an analysis of New York City’s financial plan released today by State Comptroller Thomas P. DiNapoli.
In an audit released today, New York State Comptroller Thomas P. DiNapoli detailed how New York City’s Department of Information Technology and Telecommunications’ (DoITT) failure to hold accountable the developers of the city’s ambitious program to expand access to high-speed internet, known as LinkNYC, prevented the program from achieving its goals of bridging the digital divide and bringing revenue to the city.
People with disabilities face challenges and limited access at some facilities run by the Port Authority of New York and New Jersey (PANYNJ), according to an audit released today by State Comptroller Thomas P. DiNapoli.
The state Department of Health (DOH) allowed more than $1.5 billion in improper Medicaid payments over the course of several years due to errors in its billing system and may have exposed patients to unqualified and uncredentialed health care providers, according to three reports released today by State Comptroller Thomas P. DiNapoli.