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

New York State Comptroller DiNapoli and California Controller Yee Urge S.E.C. to Mandate Climate Change Disclosures

In an op-ed on Politico.com, New York State Comptroller Thomas P. DiNapoli and California State Controller Betty T. Yee today called on the Securities and Exchange Commission to require corporations disclose the risks that climate change poses to their operations. The full op-ed is below:

America Needs Climate Disclosure to Protect Its Economy

By Betty T. Yee and Thomas P. DiNapoli

DiNapoli: NYC Finances Gain Stronger Footing

New York City’s economy and finances are recovering, largely due to unprecedented federal economic stimulus for businesses and individuals, and direct federal relief to New York state, New York City and the Metropolitan Transportation Authority, according to a report released today by State Comptroller Thomas P. DiNapoli.

State Comptroller DiNapoli Releases Municipal Audits

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

Auditors conducted reviews of 20 adopted budgets of various counties, cities, towns and villages across the state to assess whether local officials adequately considered the impact of the pandemic on their financial operations while developing their 2021 fiscal year budgets. Below are the findings of some of the communities reviewed:

NYS Comptroller DiNapoli Statement on Major Support for Racial Equity Audit at Amazon

New York State Comptroller Thomas P. DiNapoli released the following statement in response to Amazon’s disclosure of vote results from its annual meeting on Wednesday. DiNapoli and the New York State Common Retirement Fund’s request for an independent review of the company’s policies and practices related to racial diversity, equity and inclusion won support from 44.18% of Amazon shareholders, an immense success for a first-time proposal.

NYS Comptroller DiNapoli: Beware Text Message Scam Targeting Retirees

New York State Comptroller Thomas P. DiNapoli today warned retirees not to be fooled if they received text messages or other communications that purport to come from the state’s retirement fund and the Office of the State Comptroller, asking for a payment to “upgrade” the retirement fund. It’s a scam. Report the message to the Federal Bureau of Investigation’s Internet Crime Complaint Center at www.ic3.gov or by calling the Albany FBI Field Office at 518-465-7551 or 1-800-CALLFBI.

DiNapoli: Jobs in NYC Construction Industry Took Huge Hit During Pandemic, Over 14% Decline

The loss of 44,400 construction jobs due to the COVID-19 pandemic in 2020 was the state’s worst annual decline in the industry in more than 25 years, with more than half the losses coming from New York City, according to a report released today by State Comptroller Thomas P. DiNapoli. Construction was the city’s fastest-growing sector from 2011 to 2019, rising by 43.5 percent, until it was brought to a halt by the pandemic.

State Contract and Payment Actions in April

In April, the Office of the State Comptroller approved 1,072 contracts for state agencies and public authorities valued at $11.9 billion and approved more than 20.1 million payments worth more than $12.6 billion. The Office rejected 109 contracts and related transactions valued at $337 million and more than 33,900 payments valued at nearly $28.6 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.