State Comptroller DiNapoli Releases State Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued:
New York State
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.
State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued:
DiNapoli: OCFS Should Improve Foster Care Placement Oversight
The state Office of Children and Family Services (OCFS) could not show that caseworkers contacted children in foster care within the first 30 days of their placement and lacked documentation proving children were placed in foster homes that met program certifications, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
DiNapoli: Audit Finds More Than $16 Million in Medicaid Cost Savings
New York state's Medicaid system could have saved up to $13.6 million it spent on patients with severe kidney disease whose expenses could have been covered by the federal Medicare program, according to an audit released today by State Comptroller Thomas P. DiNapoli. Auditors also found another $3 million in cost savings. About $1.8 million of the overpayments were recovered before the close of the audit as a result of actions taken by DiNapoli's auditors.
DiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
State tax collections totaled $18.6 billion in the first quarter of the new fiscal year, $1.2 billion less than the same period last year and $315.7 million below projections, according to the state cash report issued today by State Comptroller Thomas P. DiNapoli.
DiNapoli: Audit Recommends Better Protections for Child Performers
The state Department of Labor is falling short in enforcing New York’s laws to protect child performers, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. State auditors found shortfalls with how work permits were given to children and employers, inadequate monitoring of work conditions, and insufficient enforcement of requirements to set aside some of the children’s earnings in a trust.
DiNapoli Announces State Contract and Payment Actions for June 2017
State Comptroller Thomas P. DiNapoli announced today his office approved 1,659 contracts valued at $3.07 billion and approved nearly 1.9 million payments worth nearly $11.2 billion in June. His office also rejected 189 contracts and related transactions valued at $710 million and more than 1,300 payments valued at nearly $2.6 million due to concerns about fraud, waste or other improprieties.