New York State

DiNapoli: Oversight of Supportive Housing Falls Short

New York State Comptroller Thomas P. DiNapoli today released three audits of supportive housing providers for New Yorkers with mental illness, which found that a lack of monitoring by the state Office of Mental Health (OMH) allowed not-for-profit providers to bill for improper expenses, such as salaries, alcohol and spa services, and for health and safety violations to go uncorrected.

DiNapoli Highlights Investment in Rochester Region Through State Pension Fund

State Comptroller Thomas P. DiNapoli today toured Ambrell, a Scottsville-based manufacturing firm, to highlight an investment made by the New York State Common Retirement Fund’s (Fund) In-State Private Equity Program. The Fund recently invested in Ambrell through the Hamilton Lane’s Hudson River Co-Investment Fund.

DiNapoli Announces State Contract & Payment Actions for May 2014

State Comptroller Thomas P. DiNapoli announced today his office reviewed 2,092 contracts valued at $2.3 billion and approved nearly 2.2 million payments worth $10.4 billion in May. His office also rejected 146 contracts and related transactions valued at $692 million and more than 2,700 payments valued at more than $10 million due to fraud, waste or other improprieties.

NY State & City Comptrollers, State Treasurers: Federal Bill Attempts to Silence Investors

A broad coalition of state fiduciaries today joined New York State Comptroller Thomas P. DiNapoli and New York City Comptroller Scott Stringer in issuing a "Joint Statement on Defending Fundamental Shareowner Rights" in strong support of the use of shareholder proposals as an essential tool in maintaining corporate transparency and accountability.

DiNapoli: Corporations to Disclose Political Spending

New York State Comptroller Thomas P. DiNapoli, as trustee of the New York State Common Retirement Fund (Fund), announced today that Goodyear Tire and Rubber Co. and Nisource Inc. have agreed to the Fund's request that they publicly report all direct and indirect corporate political spending.

DiNapoli: Loss of Federal Deductions in Trump Tax Plan Could Hurt New York's Middle Class Taxpayers

Major changes to the federal tax code being considered by the President and Congress would have significant implications for New Yorkers, including the elimination of the more than $67 billion in state and local tax deductions reported by New Yorkers on their federal taxes, according to a report released today by State Comptroller Thomas P. DiNapoli.