Despite a now decade-long economic expansion in the country, New York still lags behind other states when it comes to its rainy day reserves, according to a report released today by New York State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
In October, the Office of the State Comptroller approved 1,677 contracts for state agencies and public authorities valued at $4.8 billion and approved more than 2.2 million payments worth more than $10 billion. The office rejected 100 contracts and related transactions valued at $130 million and nearly 2,100 payments valued at nearly $25.9 million. More information on these contracts and payments is available at www.openbooknewyork.com.
Investors who filed suit against the officers and directors of Wynn Resorts Ltd. claiming they failed to protect the company and employees from former CEO Steve Wynn’s alleged abusive behavior have reached a settlement agreement, New York State Comptroller Thomas P. DiNapoli announced today.
The State Education Department (SED) made progress in ensuring school districts across New York are protecting students from harassment and discrimination, according to a follow-up report released today by State Comptroller Thomas P. DiNapoli.
The New York State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2019-20 was 1.16 percent for the three-month period ending Sept. 30, 2019, with an estimated value of $215.4 billion, according to New York State Comptroller Thomas P. DiNapoli.
The state Office for People With Developmental Disabilities (OPWDD) is not ensuring parents and guardians are properly notified of incidents of abuse and neglect in programs it oversees as required under Jonathan’s Law, according to an audit released today by State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued.
The audit identified $20.1 million in Medicaid payments made by DOH for therapy services and drugs that should have been paid for by Medicare.
"The SEC's proposals are two of the most significant actions to restrict shareholder rights in the SEC’s history. There is no credible evidence to support the need for these proposals, and if adopted, they would undermine corporate accountability, entrench managements’ opposition to shareholder proposals and increase costs for investors. These proposals are contrary to the SEC's mission to protect investors and our financial markets.
"The Trump Administration’s decision today to formally begin withdrawing the United States from the Paris Agreement on climate change is a shameful move.
"I was in Paris to support the development of the Paris Agreement and saw firsthand the commitment and dedication of the global community to proactively address climate change and save our planet.
"As trustee of New York state's pension fund I seek out profitable and sustainable investments and encourage our portfolio companies to prepare for a low-carbon future.
