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DiNapoli: Executive Budget Reduces Out-Year Gaps, Diminishes Independent Oversight

The $162.2 billion Executive Budget includes proposals to address infrastructure needs while reducing out-year gaps, but shifts some spending off-budget and would expand Executive authority to reshape spending and programs without legislative input, according to a report released today by New York State Comptroller Thomas P. DiNapoli.

DiNapoli: Audit of State Agencies Recommends Better Tracking of Food Purchases From Local Farmers

The Department of Agriculture and Markets (Ag&Mkts) and the Office of General Services (OGS) are now directing all state agencies to submit better reporting of their purchases of New York produced foods according to an audit released today by State Comptroller Thomas P. DiNapoli found numerous problems.

State Comptroller DiNapoli Statement on Anniversary of 9/11 Attacks

"The 9/11 attacks united New York, America and nations around the world in a way not seen in decades. We stood together bonded by the knowledge that those who espouse terror, violence and hatred can never win. Our strength is in our resilience and our love of freedom. Today, with our nation seeming more divided than it has been in decades, we should strive to reclaim that sense of unity and shared purpose we held in the aftermath of 9/11. I can think of no better way to honor the men and women who lost their lives.

DiNapoli: Nine Million New Yorkers Employed, Highest Count Since 2008

For the first time since the Great Recession, more than 9.1 million New Yorkers were working in 2016, according to a report released today by State Comptroller Thomas P. DiNapoli. But regional growth remained uneven, with downstate regions experiencing the highest employment growth while most upstate regions saw declines.

NYS Common Retirement Fund Announces Third Quarter Results

The New York State Common Retirement Fund’s (CRF) overall return in the third quarter of state fiscal year 2016-2017 was 1.11 percent for the three-month period ending Dec. 31, 2016, with an estimated value of $186 billion, according to New York State Comptroller Thomas P. DiNapoli.

DiNapoli: Pension Contribution Rates for Employers Will Decrease for State Fiscal Year 2018-19

Employer contribution rates for the New York State and Local Retirement System (NYSLRS) in State Fiscal Year 2018-19 will decrease from State Fiscal Year 2017-18, New York State Comptroller Thomas P. DiNapoli announced today.

The estimated average contribution rate for the Employees’ Retirement System (ERS) will decrease from 15.3 percent of payroll to 14.9 percent of payroll. The estimated average contribution rate for the Police and Fire Retirement System (PFRS) will decrease from 24.4 percent to 23.5 percent of payroll.

DiNapoli Announces State Contract and Payment Actions for July 2017

State Comptroller Thomas P. DiNapoli announced today his office approved 1,468 contracts valued at $2.28 billion and approved nearly 1.8 million payments worth nearly $6.3 billion in July. His office also rejected 142 contracts and related transactions valued at $254 million and more than 800 payments valued at more than $2.7 million due to concerns about fraud, waste or other improprieties.