New York State

New York State Comptroller DiNapoli Statement on U.S. Withdrawal From Paris Agreement

"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.

DiNapoli Announces Sale of $914.3 Million State of New York General Obligation Refunding Bonds

State Comptroller Thomas P. DiNapoli today announced the sale of $914.3 million State of New York General Obligation Series 2019B Refunding Bonds.

This General Obligation bond issue was sold to refinance certain outstanding bonds generating $112.4 million in debt service savings to the state on a net present value basis. The newly issued bonds refinance outstanding General Obligation debt issued for transportation, environmental and other purposes.

State Contract and Payment Actions in September

In September, the Office of the State Comptroller approved 1,703 contracts for state agencies and public authorities valued at $2 billion and approved nearly 3 million payments worth more than $12.9 billion. The office rejected 143 contracts and related transactions valued at $340 million and more than 2,000 payments valued at more than $6 million. More information on these contracts and payments is available at www.openbooknewyork.com

DiNapoli Op-Ed in Newsday Urges Public Campaign Financing Commission to Keep Fusion Voting and Open Up Political Process

Newsday published an op-ed from New York State Comptroller Thomas P. DiNapoli on fusion voting and adopting public financing by 2022. The full op-ed is below:

It takes big money to run for political office in New York, especially for statewide office. The current campaign financing system erects too many barriers that intimidate and discourage qualified people from seeking public office. Let’s tear down those obstacles and open the path.

DiNapoli Announces Sale of $916 Million State of New York General Obligation Refunding Bonds

State Comptroller Thomas P. DiNapoli today announced the details of the upcoming competitive sale scheduled for October 28 of State of New York General Obligation Refunding Bonds, totaling $916 million.

The bonds will be issued for the purpose of refunding certain outstanding State of New York General Obligation bonds to reduce debt service costs. The bonds would mature over 22 years.

Court-Appointed Executor of Decedent’s Estate Sentenced to Two Years in Prison for Embezzlement

New York State Comptroller Thomas P. DiNapoli and United States Attorney for the Southern District of New York Geoffrey S. Berman announced that Gregory Bayard was sentenced to 24 months in prison in White Plains federal court for embezzling approximately $1.4 million from a decedent's estate for which he served as a court-appointed administrator. Bayard had pled guilty to one count of wire fraud on October 23, 2018. U.S. District Judge Cathy Seibel imposed today’s sentence.

DiNapoli Announces Staff Appointments

New York State Comptroller Thomas P. DiNapoli announced today he has promoted David Hasso to deputy comptroller for payroll, accounting and revenue services and Randy Partridge to assistant comptroller for local government and school accountability (LGSA). He also announced the appointment of José Manuel Paulino to assistant comptroller for community affairs and Matt Ryan to deputy press secretary.

DiNapoli and Scarpino Announce Guilty Plea & Sentencing in Theft of $60K in Pension Payments

New York State Comptroller Thomas P. DiNapoli and Westchester County District Attorney Anthony A. Scarpino, Jr. announced the sentencing of Rochelle Rose to five years’ probation after her guilty plea to grand larceny in the third degree in April. Rose also paid $22,000 in restitution toward the $60,288 she stole from the NYS & Local Retirement System after her mother died.

Rose, 41, stole the funds by keeping her deceased mother’s deposited pension checks and expended them for her personal use, including cellphone and utility bills, insurance and a car loan.