DiNapoli and NY State Pension Fund Reach Agreements with Major Companies on Executive Pay
New York State Comptroller Thomas P.
New York State
NYS Comptroller DiNapoli and Church of England Call on ExxonMobil to Set Targets for Lowering GHG Emissions
Institutional investors with an estimated $1.9 trillion under management, led by New York State Comptroller Thomas P. DiNapoli, as Trustee of the New York State Common Retirement Fund (the Fund), and the Church of England's investment fund (Church Commissioners) have filed a shareholder resolution calling on ExxonMobil to set and disclose greenhouse gas (GHG) reduction targets, covering emissions from both its operations and the use of its products.
State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued.
State Education Department (SED): Volunteers of America – Greater New York Inc.: Compliance With the Reimbursable Cost Manual (2017-S-32)
Auditors identified $1.6 million in reported costs that did not comply with requirements for state reimbursement, including $541,775 paid to 38 individuals who did not work in VOA-GNY's SED preschool programs.
State Comptroller DiNapoli Adds $3 Billion to the State Pension Fund’s Sustainable Investment Program
New York State Comptroller Thomas P. DiNapoli today announced a $3 billion increase to the New York State Common Retirement Fund’s (Fund) Sustainable Investment Program, raising its total commitment to $10 billion.
New York's 529 College Savings Program Turns 20
New York’s 529 College Savings Program, the popular college savings investment tool, is marking 20 years of helping New Yorkers save for higher education, according to New York State Comptroller Thomas P. DiNapoli. He reflected on the tremendous growth of the plan and urged New Yorkers to sign up before the end of the year and take advantage of the tax benefits that may be available.
State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued.
Department of Environmental Conservation (DEC): Oversight of the Pesticide Reporting Law (2017-S-57)
Tests of samples of pesticide application and sales data entries found that they were reasonably accurate based on the certified applicators’ and sellers’ self-reported data. However, there are some inaccuracies in the database.
State Contract and Payment Actions in October
In October, the Office of the State Comptroller approved 1,525 contracts for state agencies and public authorities valued at $2.87 billion and approved nearly 2.4 million payments worth more than $9.4 billion. The office rejected 124 contracts and related transactions valued at $140 million and more than 1,500 payments valued at more than $5.8 million. More information on these contracts and payments is available at www.openbooknewyork.com.
DiNapoli: More Security Needed for Hazardous Materials at SUNY University Centers
Two of the State University of New York’s (SUNY) flagship campuses, Buffalo and Stony Brook, did not properly monitor or restrict access to hazardous materials, according to an audit of seven SUNY schools released today by State Comptroller Thomas P. DiNapoli.
Comptroller DiNapoli, A.G. Underwood and DOI Commissioner Garnett Announce Indictment of Former Non-Profit Director Anna Mendez
New York State Comptroller Thomas P. DiNapoli, Attorney General Barbara D. Underwood and New York City Department of Investigation Commissioner Margaret Garnett today announced the indictment of former Tremont Crotona Day Care Center Program Director Anna Mendez on one count of grand larceny in the second degree, a class C felony, and ten counts of falsifying business records in the first degree, a class D felony, in Bronx County Supreme Court.
Comptroller DiNapoli and Attorney General Underwood Announce Criminal Conviction and False Claims Act Settlement with Bottini Fuel for Diverting Customers' Credit Balances for Their Own Benefit
State Comptroller Thomas P. DiNapoli and Attorney General Barbara D. Underwood today announced the criminal conviction of Morgan Fuel & Heating Company, Inc., which conducts business as Bottini Fuel, for falsifying their business records to improperly divert credit balances belonging to individual, business, and government customers – including local school districts, prisons, town governments, and state agencies. Bottini Fuel pleaded guilty today to Falsifying Business Records in the Second Degree in the Village of Wappingers Falls Justice Court.