The New York State Common Retirement Fund reached agreements with all seven portfolio companies where it filed climate-related shareholder proposals during the 2021 proxy season, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. This was the first proxy season the Fund achieved agreements on all of its climate-related shareholder proposals.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
Comptroller DiNapoli has made it a priority to expose those who enrich themselves at the public’s expense.
New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for New York State, New York City and their major public authorities during the third quarter of 2021.
The planned sales of $6.75 billion include $4.25 billion of new money and $2.5 billion of refundings and reofferings as follows:
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Personal income in New York State has surpassed pre-pandemic levels; while this is a positive development, there are two causes for concern. First, growth is primarily due to transfer receipts paid to New Yorkers from the government, which account for more than 20 percent of personal income. Second, earnings in seven industrial sectors, including the leisure and hospitality sector that was hardest hit during the pandemic, have not yet returned to pre-2020 levels.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits were issued.
In May, the Office of the State Comptroller approved 1,325 contracts for state agencies and public authorities valued at $1.3 billion and approved nearly 18.9 million payments worth more than $19.1 billion. The office rejected 132 contracts and related transactions valued at $900 million and more than 8,300 payments valued at nearly $26 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.
On July 4 we celebrate our nation and what it means to be an American. After a tough year, I hope you can enjoy time with family and friends.
