New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, released the following statement today in response to McDonald’s decision to disclose workforce diversity data and tie executive compensation to the company’s ability to foster inclusion and ensure improved human capital management.
State tax receipts cumulatively through January of State Fiscal Year 2020-21 are nearly $2 billion lower than last year, according to the monthly State Cash Report released by New York State Comptroller Thomas P. DiNapoli. Overall, tax receipts are $1.7 billion higher than anticipated by the state Division of the Budget’s (DOB) January projections.
Tax receipts for the month of January totaled $11.4 billion. This is $550.5 million above last year and $1.7 billion above DOB’s latest projections.
New York state’s 25 personal income tax (PIT) check-off funds that were eligible to receive contributions saw a slight decline in total donations, as well as in the number of contributions, in the 2019-20 state fiscal year (SFY), according to a report released today by State Comptroller Thomas P. DiNapoli.
State Comptroller Thomas P. DiNapoli and Westchester County District Attorney Miriam E. Rocah announced the sentencings of Annette Bigelow, 61, and Mary Nash, 59, who hid their mother’s death to pocket nearly $22,000 from the New York State and Local Employees Retirement System, which DiNapoli administers, from 2013 to 2015.
The two daughters pleaded guilty to felony grand larceny last September. They were sentenced to a three-year conditional discharge and ordered to pay full restitution of $22,000.
The New York State Common Retirement Fund (Fund) has reached an agreement with Ohio-based utility FirstEnergy Corp. to comprehensively disclose its political spending, New York State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. In response to the agreement, the Fund withdrew its shareholder resolution with the Ohio-based electric utility.
The New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2020-21 was 10.01 percent for the three-month period ending Dec. 31, 2020, and ended the quarter with an estimated value of $247.7 billion, according to New York State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli today announced the following school district audit was issued.
Unemployment rates for New York State, New York City and the balance of the State spiked upward in April 2020. At that point, and in the months immediately before, the percentages of officially unemployed workers in the City and in the rest of the State were nearly identical — but those numbers have since diverged sharply.
State Comptroller Thomas P. DiNapoli announced today that he has appointed Maria Doulis as deputy comptroller and Todd Scheuermann as assistant comptroller in the Division of Budget and Policy Analysis. These appointments are to fill currently vacant positions.
In December, the Office of the State Comptroller approved 1,471 contracts for state agencies and public authorities valued at $8.6 billion and approved nearly 11.7 million payments worth nearly $14 billion. The Office rejected 137 contracts and related transactions valued at $790 million and more than 5,200 payments valued at more than $38.9 million, primarily for mistakes, insufficient support for charges and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.
