Progress Report on Climate Action Plan, July 2023
The Climate Action Plan Progress Report for the New York State Common Retirement Fund highlights the Fund’s recent efforts to address climate risks and opportunities.
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DiNapoli: State Pension Fund Releases Annual Investment Return
New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the state fiscal year that ended March 31, 2023. The Fund closed the year valued at $248.5 billion.
New Federal Dollars for Broadband Deployment
New York will receive nearly $665 million as part of recent federal investments to improve broadband data, affordability, access and availability. New federal funds present an opportunity for the State to improve the availability of reliable, high-speed service to unserved and underserved areas, and the State must now craft a plan that is ambitious, actionable and accountable for meeting this objective.
DiNapoli: New Federal Funds Give New York a Chance To Expand Broadband, Close Digital Divide
The recent announcement that New York state will get nearly $665 million in federal funding to invest in improvements to broadband availability gives the state an opportunity to accelerate universal deployment of the highest-speed connections in every corner of the state, according to a new analysis released by State Comptroller Thomas P. DiNapoli.
DiNapoli: Some Affordable Apartments for Seniors Left Vacant for Years
The shortage of affordable housing is especially hard on elderly New Yorkers, but many units are sitting vacant even though thousands of seniors are on waiting lists for them, an audit released today by New York State Comptroller Thomas P. DiNapoli found. The audit examined whether the NYC Department of Housing Preservation and Development (HPD) and the NYC Housing Development Corporation (HDC) properly oversee the awarding of housing to seniors and a program that assists senior homeowners.
2023 Post Pride Event - Hero Banner
Watch a conversation with this year’s PRIDE honorees.
2023 Pride Event Hero Banner
Tune in Today at 2 PM for a conversation with this year’s PRIDE honorees.
State Contract and Payment Actions in May
In May, the Office of the State Comptroller approved 2,046 contracts for state agencies and public authorities valued at $2.2 billion and approved more than 2.5 million payments worth nearly $17.1 billion. The office rejected 192 contracts and related transactions valued at $309 million and more than 3,100 payments valued at nearly $19.1 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: State Needs to Better Protect Water Supply Infrastructure Against Natural Disasters, Cyberattacks and Terrorism
New York’s Health Department (DOH) and Division of Homeland Security and Emergency Services (DHSES) can do more to protect the state’s water systems from attacks and the threats posed by natural disasters like storms, according to an audit released today by State Comptroller Thomas P. DiNapoli.
Local Governments and Recreational Adult-Use Cannabis in New York State, June 2023
New York’s recreational adult-use cannabis market represents a new legalized industry and, as such, its development presents new and unique issues for local governments, particularly for the cities, towns and villages that will have marijuana retail dispensaries and consumption sites located within their jurisdictions. The purpose of this report is to briefly provide a background on the 2021 cannabis law, including its major components and actors, and to touch upon its financial and operational implications for local governments.