State income tax collections increased $88.2 million in July from a year earlier, helping lift the state’s total tax collections slightly above updated projections this month, according to the state cash report issued today by State Comptroller Thomas P. DiNapoli.

"July was the first month in this fiscal year that personal income tax collections outpaced those from last year, which is a positive development," DiNapoli said. "Federal receipts have grown, but that may change depending upon developments in Washington."

The Department of Motor Vehicles (DMV) has not done enough to prevent automotive repair shops and inspection stations from operating without valid registrations, putting consumers at an increased risk to be scammed by dishonest businesses, according to an audit issued today by New York State Comptroller Thomas P. DiNapoli.

New York State Comptroller Thomas P. DiNapoli released the following statement in response to events in Charlottesville.

"The chaos and tragic loss of life in Charlottesville are a warning and a wake-up call. Violence and intolerance are taking the place of discourse in our nation. All leaders, particularly the White House, must call out domestic terrorism and white supremacist hatred by name. Failure to confront and condemn the disease only helps it grow."

The New York State Common Retirement Fund's (Fund) overall return in the first quarter of the state fiscal year 2017-2018 was 2.9 percent for the period ending June 30, 2017, with an estimated value of $197.1 billion, according to New York State Comptroller Thomas P. DiNapoli.

"Strong domestic stock market returns continued to buoy our investments through the opening months of the state fiscal year," DiNapoli said. "As a long term investor, the fund's performance is best measured by its success over a period of years if not decades, but we always welcome a strong quarter."

New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued:

New York State Comptroller Thomas P. DiNapoli today wrote to members of the House Financial Services Committee, including Chairman Rep. Jeb Hensarling and members of the New York Congressional delegation, to express his strong opposition to the Financial CHOICE Act, which was the subject of a committee hearing.

State tax collections totaled $74.4 billion in State Fiscal Year (SFY) 2016-17, a decline of $300.1 million or 0.4 percent from last fiscal year, according to the state cash report issued today by State Comptroller Thomas P. DiNapoli. Tax collections for the year ended $600 million lower than the latest projections released with the Executive Budget in February, primarily due to lower than anticipated business tax collections in March.

Investors led by New York State Comptroller Thomas P. DiNapoli, as trustee of the New York State Common Retirement Fund (Fund), and the Church of England, are calling on ExxonMobil to explain how its business will be impacted by global efforts to mitigate climate change.

New York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued:

State Comptroller Thomas P. DiNapoli announced today his office stopped $21.3 million in questionable or fraudulent personal income tax refunds from being paid so far in 2017.

DiNapoli's office paid out 4.6 million state refunds totaling $4.4 billion to date. Another 471,000 refunds totaling $466 million are expected to be paid in the coming days.

"My auditors are committed to safeguarding the funds of honest New Yorkers," DiNapoli said. "We'll stay one step ahead of the schemes used by tax cheats, and look to ensure only legitimate refunds are paid."