New York State Comptroller Thomas P. DiNapoli and the state’s pension fund today announced the filing of shareholder proposals seeking an independent audit of companies’ practices related to racial equity.
New York State Comptroller Thomas P. DiNapoli today released the following statement on New York City’s property tax assessments:
“The release of New York City’s tentative property assessment roll suggests a bright spot for New York City’s finances entering fiscal year (FY) 2023, amid uncertainty in the city's economic recovery and its impact on city property taxes, the largest source of city revenues.
New York State Comptroller Thomas P. DiNapoli released the following statement on Governor Hochul’s executive budget proposal:
“Governor Hochul introduced an executive budget proposal at a critical moment in our state’s history. As we continue our recovery we are faced with many challenges, but the proposed budget sets forth the Governor’s priorities to address them while also recognizing the importance of achieving and maintaining long-term structural budget balance.
Tax receipts for the first nine months of State Fiscal Year (SFY) 2021-22 continue to exceed projections, totaling $84.4 billion. This amount is significantly higher than the most recent forecast by the Division of the Budget contained in the Mid-Year Update to the Financial Plan. While tax collections have exceeded forecast throughout the current fiscal year, December results are also affected by a newly established tax structure, the Pass Through Entity Tax (PTET).
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This listing includes all final audit reports related to State agency and public authority operations issued during the five-year period from October 1, 2015 through September 30, 2020, and is a companion to the 2020–2021 Annual Report on Audits.
This annual report summarizes the results of all the State agency and public authority audit reports issued by the Office of the State Comptroller from October 1, 2020 through September 30, 2021.
New York State’s prison population declined by half from March 2008 to March 2021. However, the number of older incarcerated individuals increased marginally over the same period. This report examines the factors contributing to the population change and the medical cost implications.
New York State Comptroller Thomas P. DiNapoli, Cattaraugus County District Attorney Lori Pettit Rieman and the New York State Police announced the arrest of Terry Gaylor Jr., for allegedly stealing over $116,000 from the City of Olean Fire Department (COFD). Gaylor Jr., a former trustee and current firefighter with COFD, was arrested after a joint investigation by the Comptroller, District Attorney and State Police.
