New York State

DiNapoli Faults Oversight at Public Service Commission of Orders and Agreements

The state Public Service Commission (PSC) is falling short in monitoring Charter Communications Inc. and other utilities across New York, according to an audit released today by State Comptroller Thomas P. DiNapoli. Auditors found regulators lacked the equipment to measure Internet speeds, used inaccurate data to track service reliability and imposed only four penalties in four years.

DiNapoli Urges Changes to Protect Children Placed in Custody of Relatives or Guardians

The state Office of Children and Family Services (OCFS) is not doing enough to ensure adequate protections are in place for children who are placed in the custody of relatives or another suitable person outside the foster care system, according to an audit released today by State Comptroller Thomas P. DiNapoli.

DiNapoli, James and Garnett Announce Sentencing in Straw Donation Scheme

State Comptroller Thomas P. DiNapoli, Attorney General Letitia James and New York City Department of Investigation Commissioner Margaret Garnett announced the sentencing of non-profit executive Anna Mendez for the misuse of nonprofit funds to fund straw political donations to former New York City Council candidate Albert Alvarez.

On Tuesday, in New York County Supreme Court, Mendez was sentenced to 5 years’ probation.

State Contract and Payment Actions in January

In January, the Office of the State Comptroller approved 1,485 contracts for state agencies and public authorities valued at $18.1 billion and approved more than 1.8 million payments worth nearly $11.1 billion. The office rejected 130 contracts and related transactions valued at $670 million and more than 2,800 payments valued at nearly $41.2 million. More information on contracts, payments and state and local government spending is available at www.openbooknewyork.com.

NYS Comptroller DiNapoli Announces Coal Investments Under Review

New York State Comptroller Thomas P. DiNapoli today announced the New York State Common Retirement Fund (Fund) is reviewing 27 thermal coal mining companies to determine whether they are taking steps to transition to a more sustainable business model in line with the growing low carbon economy. The review of coal companies is part of DiNapoli’s Climate Action Plan to further decarbonize the state pension fund’s investments.

State Contract and Payment Actions in December

In December, the Office of the State Comptroller approved 1,898 contracts for state agencies and public authorities valued at $33.9 billion and approved more than 1.9 million payments worth nearly $10.7 billion. The office rejected 181 contracts and related transactions valued at $412 million and nearly 1,300 payments valued at more than $9.7 million. More information on these contracts and payments is available at www.openbooknewyork.com.

NYS Common Retirement Fund Reports Third Quarter Results

The New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2019-20 was 5.28 percent for the three-month period ending Dec. 31, 2019, with an estimated value of $225.9 billion, according to New York State Comptroller Thomas P. DiNapoli.