New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued:

State Comptroller Thomas P. DiNapoli issued a report today highlighting recent trends in property tax exemptions in New York State outside of New York City and the impact they have on local governments and school districts.

The New York State Common Retirement Fund's (Fund) overall return in the third quarter of the state fiscal year 2017-2018 was 4.12 percent for the three-month period ending Dec. 31, 2017, with an estimated value of $209.1 billion, according to New York State Comptroller Thomas P. DiNapoli.

New York State Comptroller Thomas P. DiNapoli today announced that American Electric Power (AEP), one of the largest carbon emitters in the country, has adopted new, long-term targets for lowering greenhouse gas (GHG) emissions consistent with the Paris Agreement's goals. As a result, the New York State Common Retirement Fund's (Fund) has withdrawn the shareholder request it had filed with the company.

New York had the nation's second-highest balance of undistributed child support collections (UDC), totaling approximately $59 million at the end of federal fiscal year 2016, according to an audit released today by State Comptroller Thomas P. DiNapoli. Although the state Office of Temporary and Disability Assistance (OTDA), which oversees New York's child support program, has made some improvements to the way funds are distributed, DiNapoli's auditors identified a number of problems that need correcting.

Led by New York State Comptroller Thomas P. DiNapoli and New York City Comptroller Scott M. Stringer, a coalition of 41 investors today urged U.S. companies to oppose President Trump's repeated actions on immigration, which risk negative repercussions to our nation’s economy. 

New York State Comptroller Thomas P. DiNapoli today at the Investor Summit on Climate Risk at the United Nations announced a $2 billion increase to the New York State Common Retirement Fund's (Fund) low emissions equities index, doubling its investment. The Fund was the first public pension fund in the U.S. to create an index that excludes or reduces holdings in the worst carbon emitters and shifts investments to lower emitting corporations.

In December, the Office of the State Comptroller approved 1,579 contracts for state agencies and public authorities valued at $2.5 billion and approved more than 2.1 million payments worth nearly $10.5 billion. The office rejected 132 contracts and related transactions valued at $340 million and more than 1,000 payments valued at more than $1.2 million. More information on these contracts and payments is available at www.openbooknewyork.com.

The state agency in charge of the oversight and inspection of 561 state and local correctional facilities and jails across New York is not tracking or analyzing incidents and inmate complaints that may indicate problematic trends at those facilities, according to an audit released today by State Comptroller Thomas P. DiNapoli. Auditors also found the State Commission of Correction is also not routinely inspecting the state's 54 prisons.

New York State Comptroller Thomas P. DiNapoli today announced that Duke Energy, one of the largest electric power holding companies in the United States, has agreed to produce a climate change risk assessment that includes an analysis of the Paris Agreement's goals.