New York State

DiNapoli Releases Report on Nonprofit Industry

State Comptroller Thomas P. DiNapoli released a report that showed nonprofit organizations in 2022 provided 1.3 million jobs to New Yorkers, just over 1 in 6 private sector jobs in the state. While the number of nonprofits increased nationally between 2017-2022, they declined in New York and the number of jobs also fell by 4.1%.

DiNapoli Statement on Governor's Veto of Transparency Legislation

New York State Comptroller Thomas P. DiNapoli released the following statement regarding Gov. Kathy Hochul’s veto of legislation that would have increased transparency on state spending and was supported unanimously in both the State Senate and Assembly:

State Contract and Payment Actions in October

In October, the Office of the State Comptroller approved 1,982 contracts for state agencies and public authorities valued at $5 billion and approved nearly 2 million payments worth more than $16.5 billion. The office rejected 269 contracts and related transactions valued at $1 billion and more than 1,800 payments valued at more than $9.1 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at Open Book New York.

DiNapoli: Florida Man Charged with Stealing Nearly $80,000 in Pension Benefits Issued to His Deceased Father

New York State Comptroller Thomas P. DiNapoli and District Attorney Anne T. Donnelly announced that a Florida man was charged with grand larceny and identity theft for allegedly accepting, withdrawing and spending nearly $80,000 in funds from pension payments made by the New York State and Local Retirement System (NYSLRS) to the defendant’s father who had passed away in 2019.

DiNapoli: State Pension Fund Valued at $274.6 Billion at End of Second Quarter

New York State Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was $274.6 billion at the end of the second quarter of state fiscal year 2024-25. For the three-month period ending Sept. 30, 2024, Fund investments returned an estimated 4.15%.