State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
In May, the Office of the State Comptroller approved 2,216 contracts for state agencies and public authorities valued at $193.9 billion and approved more than 2 million payments worth nearly $15.6 billion.
Tourism in New York state has grown post-pandemic but employment in tourism-related industries remains 4.3% below pre-pandemic levels, according to an analysis released by New York State Comptroller Thomas
The tourism industry’s post-pandemic recovery is uneven across the State, with Long Island nearly at full recovery of jobs lost while the North Country and Mohawk Valley are struggling to regain their footing. Visitors flocked to outdoor destinations, with attendance at State parks 9.1% higher in 2023 over 2000, while jobs are still 4.3% below pre-pandemic levels.
Motor vehicle fatalities in New York State have risen 25.8% since 2019, with fatalities in 2022 at the highest level in a decade, even as the number of vehicle miles travelled, licensed drivers and traffic accidents have declined. State lawmakers recently enacted “Sammy’s Law,” which allows New York City to reduce speed limits in certain “safety zones” that are prone to pedestrian traffic injuries and fatalities. Such discretion could be provided to other local governments looking for ways to make their roads safer.
In April, the Office of the State Comptroller approved 1,450 contracts for state agencies and public authorities valued at $23.3 billion and approved over 4.6 million payments totaling more than $14.4 billion.
New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s investment return was 11.55% for the state fiscal year that ended March 31, 2024. The Fund closed the year with an estimated value of $267.7 billion.
During Pride Month, State Comptroller Thomas P.
The New York State Minority- and Women-Owned Business Enterprise (MWBE) Asset Management and Financial Institution Strategy (Chapter 171, Laws of 2010) was enacted to codify and replicate best practices for providing MWBEs that are asset managers, investment banks and financial and professional service providers with the opportunity to offer services to fiduciary-controlled entities established by New York State law.