State Comptroller DiNapoli Releases School District Audits
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits were issued.
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State Comptroller DiNapoli Statement on Governor's Resignation
“The Governor has done the right thing. New York is facing many challenges as we battle the ongoing impact of COVID-19. My team and I stand ready to assist incoming Governor Hochul as we move the state forward.”
Availability, Access and Affordability: Understanding Broadband Challenges in New York State
NYS Common Retirement Fund Reports First Quarter Results
The New York State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2021-22 was 5.82% for the three-month period ending June 30, 2021, according to New York State Comptroller Thomas P. DiNapoli. It ended the quarter with an estimated value of $268.3 billion.
DiNapoli Announces More Climate Actions; NYS Pension Fund Launches Evaluation of Shale Oil and Gas Companies
The New York State Common Retirement Fund (Fund) is evaluating 42 publicly traded shale oil and gas companies to determine if they are prepared for the transition to a low-carbon economy, New York State Comptroller Thomas P. DiNapoli, trustee of the third largest public pension plan in the country, announced today. The Fund also restricted investments in five more coal producers, adding those companies to the list of 22 that the Fund divested from in 2020.
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State Comptroller Thomas P. DiNapoli Statement on Attorney General's Report on Governor
"This is a sad day for New York. The Attorney General's report documents unacceptable workplace behavior in the Executive Chamber at the highest level of state leadership. The women who came forward are courageous, and they have been heard. As I stated months ago, the Governor should step down."
New York City Financial Plan Report, August 2021
On June 30, 2021, New York City adopted its $98.7 billion budget for fiscal year 2022. Excluding federal aid, the City will fund about $2 billion more in spending than was planned in its proposed executive budget in April, after adjusting for surplus transfers and money set aside for reserves.
State Contract and Payment Actions in June
In June, the Office of the State Comptroller approved 1,487 contracts for state agencies and public authorities valued at $18.6 billion and approved more than 20.9 million payments worth more than $18.1 billion. The office rejected 149 contracts and related transactions valued at $2.9 billion and nearly 9,300 payments valued at nearly $25.4 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.
DiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
Stronger-than-projected year-end budgetary results, fueled by extraordinary one-time federal relief, will mostly be used to fund new spending, with a smaller portion set aside to build up reserves, according to an analysis of New York City’s financial plan released today by State Comptroller Thomas P. DiNapoli.