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DiNapoli: Public Must Be Alerted to Sewer Overflow Problems

At least 20 percent of the publicly owned sewer systems in New York state were not reporting overflow events or registered with the electronic notification system (NY-Alert) that tracks those events, potentially putting the public at risk, according to an audit of the Department of Environmental Conservation (DEC) released today by State Comptroller Thomas P. DiNapoli.

State Comptroller Thomas P. DiNapoli on the Passing of Former Senator Joe Bruno

"New York lost an icon today with the passing of Former Senate Majority Leader Joe Bruno. The senator served his community for over three decades, the last fourteen as majority leader where he led the state through difficult times. A tough negotiator and straight-talker, he was also beloved by so many for his kindness and great sense of humor. He was dedicated to the Capital Region and always 100 percent behind efforts to position this area for a better future. I send my condolences to Joe’s family and his many friends from across the state of New York."

State Comptroller DiNapoli and Rockland District Attorney Walsh Announce Guilty Pleas of Middletown Resident for Larceny

New York State Comptroller Thomas P. DiNapoli and Rockland County District Attorney Thomas E. Walsh II announced that Ricardy Cesar, 54, of Middletown, N.Y., pleaded guilty in Rockland County Court before Judge Larry J. Schwartz to petit larceny for stealing nearly $4,000 from the New York State & Local Retirement System (NYSLRS).

Cesar was sentenced to a one year conditional discharge and 75 hours of community service, and was ordered to pay back the money.

State Contract and Payment Actions in August

In August, the Office of the State Comptroller approved 1,149 contracts for state agencies and public authorities valued at $56.4 billion and approved more than 16.6 million payments worth more than $12.3 billion. The office rejected 120 contracts and related transactions valued at $160 million and nearly 19,100 payments valued at nearly $17.6 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.

New York State Comptroller DiNapoli Statement on New Shareholder Rule

New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, today issued the following statement regarding the Securities and Exchange Commission’s (SEC) final vote on a shareholder rule:

“Today's action by the SEC will negatively impact investors and make it harder for shareholders to hold corporations accountable. These changes are unwanted by investors and may silence those challenging corporations to address issues like gender and racial pay equity, workplace diversity and racial discrimination.

DiNapoli: State's Financial Hole Deepens, Tax Revenues Trail $3.2 Billion in 2020

New York State Comptroller Thomas P. DiNapoli today said that state tax receipts are $3.2 billion lower than last year, as he released the State Cash Report for August. DiNapoli noted state tax receipts of $4.3 billion in August were $309.3 million above the latest projections by the state Division of Budget (DOB), but $219.1 million below collections in August 2019.

NYSLRS Announces Employer Contribution Rates for Retirement System for 2021-22

The New York State and Local Retirement System (NYSLRS) today announced employer contribution rates for the State Fiscal Year 2021-22 will increase from 14.6 percent to 16.2 percent of payroll for the Employees’ Retirement System (ERS) and from 24.4 percent to 28.3 percent of payroll for the Police and Fire Retirement System (PFRS).

NYSLRS is made up of these two systems, which pay service and disability retirement benefits to public employees and death benefits to their survivors.