New York State Comptroller Thomas P. DiNapoli released the following statement today regarding the selection of Corey Johnson as Speaker of the New York City Council.

"Congratulations to Corey Johnson on being chosen the next Speaker of the City Council. His energy and experience will help him to be a dynamic champion for all New Yorkers. I look forward to working with Mayor de Blasio, the Speaker and all the new members of the Council."

State Comptroller Thomas P. DiNapoli and Richmond County District Attorney Michael E. McMahon today announced that Dennis Mosesman and Elsie Mosesman have been indicted on charges including Grand Larceny in the Second Degree, a class C Felony, Grand Larceny in the Third Degree, a class D Felony, and Offering a False Instrument for Filing in the First Degree for stealing approximately $771,000 in public funds by falsifying business records for The Gingerbread Learning Center, Inc., a pre-school serving special needs children aged three through five years on Staten Island.

Economic growth is strong in East Harlem, according to a report released today by New York State Comptroller Thomas P. DiNapoli. Over the past 10 years, private sector employment reached a record high and the number of businesses grew by nearly 40 percent. DiNapoli released his Economic Snapshot of East Harlem at the Silberman School of Social Work at Hunter College along with elected and community leaders.

Projected budget gaps for New York City in the coming years appear manageable, but tax changes and budget cuts on the federal level pose a significant threat to the city’s finances, according to a report released today by State Comptroller Thomas P. DiNapoli.

New York State Comptroller Thomas P. DiNapoli today visited Ridgewood Savings Bank, in Clinton Hill, Brooklyn and Spring Bank, in the South Bronx, to highlight the importance of Banking Development Districts (BDDs). The Comptroller's Office has deposited $10 million in state funds in each of the two bank branches.

State Comptroller Thomas P. DiNapoli and New York Attorney General Eric T. Schneiderman announced the guilty plea today of former New York City Councilman Ruben Wills. Wills pleaded guilty to one count of Offering a False Instrument for Filing in the Second Degree, a class A misdemeanor. Pursuant to his plea agreement, Wills admitted he knowingly filed a false annual financial disclosure report with the New York City Conflicts of Interest Board by intentionally failing to disclose personal loans made to him on his disclosure form, as required by law.

If new funding sources for the Metropolitan Transportation Authority (MTA) are not identified, the authority may have to raise fares and tolls faster than planned to improve a system that has deteriorated sharply in recent years, according to an analysis of the MTA’s financial plan released today by State Comptroller Thomas P. DiNapoli.

State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the unsealing of a one-count indictment charging Jimmie Buie, a resident of Brooklyn, with Grand Larceny in the Third Degree, a class D felony. Jimmie Buie is alleged to have stolen over $23,000 in pension benefits issued by the New York State and Local Employees Retirement System to his deceased mother, Sandra Buie, between May 2011 and December 2012.

Securities industry profitability rose sharply in 2016, increasing by 21 percent, while the average bonus paid to employees in New York City’s securities industry increased by 1 percent to $138,210, according to an estimate released today by New York State Comptroller Thomas P. DiNapoli.

The Metropolitan Transportation Authority (MTA)'s New York City Transit is taking too long to correct safety-related defects in subway stations, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.