The program run by the State Education Department (SED) to help New Yorkers with disabilities gain employment, transition to independent living, and rise out of poverty is not fulfilling its mission because it too often leaves participants with inadequate plans that do not accomplish those goals, according to an audit released today by State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli issued the following statement regarding today’s SEC proposed rule on climate disclosure.
"Today's action by the SEC will provide investors with the robust climate disclosures that we have long advocated for. Access to consistent, comparable, and reliable information, across the marketplace, will greatly improve the state pension fund's ability to assess and address risks and opportunities as we navigate our path to net zero by 2040.
New York City is expecting to generate a surplus of $3.7 billion in fiscal year (FY) 2022 due to federal aid, better-than-projected tax revenues, and planned savings, according to a report released today by State Comptroller Thomas P. DiNapoli on the city’s February financial plan. The surplus could reach at least $4.5 billion if revenue and spending remain on their current tracks, according to DiNapoli’s analysis.
$257,500 average bonus for NYC securities industry workers, 20% increase over last year.
The New York Daily News published an op-ed from New York State Comptroller Thomas P. DiNapoli today. The full op-ed is below:
The state Department of Health (DOH) was unprepared to respond to infectious disease outbreaks at nursing homes, even before the COVID-19 pandemic hit New York, an audit released today by New York State Comptroller Thomas P. DiNapoli found. DiNapoli said that a persistent lack of funding for public health over the last decade forced DOH to operate without critical information systems and staff that could have identified and helped limit the spread of COVID-19 at nursing homes.
NYS Department of Health was ill-prepared for infectious disease outbreaks at nursing homes, even before the pandemic.
New York State Comptroller Thomas P. DiNapoli joined the United States Attorney for Eastern District of Tennessee (EDTN) in announcing that Leslie Schwinzer has pleaded guilty to wire fraud (18 USC. § 1343) in the U.S. District Court at Knoxville, TN for stealing $56,352 from the New York State and Local Retirement System (NYSLRS). This case was the result of a joint investigation with the Social Security Administration Inspector General’s Office (SSAIG), the EDTN and the Comptroller’s Office.
The Office of the State Comptroller received 16,356 contract transactions, including both new contracts and contract amendments, valued at $235 billion in the calendar year 2020. The average time from agency contract submission to final sign-off was 5.8 days.
