New York state is facing signs of increasing fiscal challenges, including lower revenue targets and possible federal budget and tax changes, according to a report on the state's Enacted Budget Financial Plan issued today by New York State Comptroller Thomas P. DiNapoli.
An audit of five counties by State Comptroller Thomas P. DiNapoli’s office found that hundreds of county jail inmates received inappropriate payments totaling more than $236,000 from various social welfare programs and almost $325,000 in state unemployment insurance (UI).
The State Education Department (SED) should improve its process to investigate serious complaints against nurses and more actively monitor professional misconduct, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
In August, the Office of the State Comptroller approved 1,737 contracts for state agencies and public authorities valued at $2.7 billion and approved more than 1.9 million payments worth nearly $9.6 billion. The office rejected 162 contracts and related transactions valued at $10.4 billion and nearly 800 payments valued at nearly $3 million. More information on these contracts and payments is available at www.openbooknewyork.com.
State tax collections totaled $28.2 billion for the five months ended in August, $133 million above updated projections, primarily due to double digit growth in business tax collections, according to the state cash report issued today by State Comptroller Thomas P. DiNapoli.
Beginning in September, New York's 529 College Savings Program will offer more investment options, lower costs, raise the maximum allowable balance and eliminate the $25 minimum contribution, State Comptroller Thomas P. DiNapoli announced today.
State Comptroller Thomas P. DiNapoli announced today his office approved 1,399 contracts valued at $2.62 billion and approved nearly 2 million payments worth nearly $9.9 billion in January. His office also rejected 196 contracts and related transactions valued at $1.1 billion and nearly 1,200 payments valued at nearly $14.4 million due to fraud, waste or other improprieties.
State tax collections totaled nearly $62.7 billion through Jan. 31, a decline of $658.3 million or 1 percent from the same period last year, according to the state cash report issued today by State Comptroller Thomas P. DiNapoli. Year to date tax collections were $167.9 million higher than the latest projections included in the Third Quarter Update to the Financial Plan released with the Executive Budget on Jan. 17.
A coalition of institutional investors, led by New York State Comptroller Thomas P. DiNapoli, as trustee of the New York State Common Retirement Fund (CRF), and the Church of England investment fund, have again asked ExxonMobil to report how its business will be impacted by global efforts to mitigate climate change.
New York State Comptroller Thomas P. DiNapoli announced today he has named Erin Stevens as deputy comptroller for Intergovernmental and Community Affairs, Christina Baal-Owens as director of Community Affairs, and Tad Mack as the regional director for the Finger Lakes.
