On the eve of ExxonMobil’s annual meeting, New York State Comptroller Thomas P. DiNapoli, as Trustee of the New York State Common Retirement Fund (Fund), and the Church of England, called on ExxonMobil to agree to their request that the company address how it will be affected by worldwide efforts to adopt the goals of the Paris Agreement to rein in climate change. In recent weeks, similar proposals have won a majority at two energy companies and record high votes at several others.

State Comptroller Thomas P. DiNapoli announced today his office approved 903 contracts valued at $1.23 billion and approved nearly 4.2 million payments worth nearly $11.5 billion in April. His office also rejected 168 contracts and related transactions valued at $24.76 billion and nearly 5,900 payments valued at nearly $8.1 million due to concerns about fraud, waste or other improprieties.

State Comptroller Thomas P. DiNapoli is encouraging New Yorkers who face college expenses to open a 529 College Savings account to start saving now to help with the costs of getting a degree.

According to the Federal Reserve Bank of New York's latest figures from 2015, the nationwide average student loan balance is $29,700 and New Yorkers owe an average of $32,200. As the cost for a college education increases, more young people are struggling with the realities of paying off their college loans.

"The President's budget does not prioritize the needs of the middle-class or the most vulnerable among us. The budget, while cutting taxes for the wealthiest Americans, would decimate vital programs that millions of New Yorkers rely on. His proposal also creates real consequences for the state budget, putting New York's taxpayers on the hook for billions of dollars in eliminated federal funding."

Here are some of the programs put at risk by the President’s proposed budget:

New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) earned an estimated 11.42 percent return on investments in the state fiscal year that ended on March 31, 2017. The Fund has an estimated value of $192 billion.

State tax collections totaled $7.1 billion in the first month of the new fiscal year, a decline of $1.1 billion or 13.1 percent from the same period last year, largely driven by a decline in personal income tax (PIT) collections, according to the state cash report issued today by State Comptroller Thomas P. DiNapoli.

The State Fiscal Year (SFY) 2017-18 Enacted Budget increases funding for education, clean water, affordable housing and other programs, but authorizes more than $10.5 billion in new state debt and allows billions of dollars in lump sum spending with minimal disclosure, according to a report released today by State Comptroller Thomas P. DiNapoli.

Empire State Development (ESD), New York state's chief economic development agency, failed to meet more than half of the reporting requirements for tax credit and job creation programs, diminishing transparency and accountability according to an audit released today by State Comptroller Thomas P. DiNapoli.

An audit issued today by New York State Comptroller Thomas P. DiNapoli has identified $32,271 in unallowable expenses and $489,616 in questionable costs that were paid by the state Office of Mental Health (OMH) to an Altamont, N.Y. company that serves as a supportive housing provider for New Yorkers with mental illness.

State Comptroller Thomas P. DiNapoli announced today his office approved 1,873 contracts valued at $8.77 billion and approved nearly 4.1 million payments worth more than $23.8 billion in March. His office also rejected 245 contracts and related transactions valued at $440 million and more than 4,800 payments valued at more than $9.4 million due to concerns with fraud, waste or other improprieties.