New York State Comptroller Thomas P. DiNapoli today released a statement on behalf of the New York State Common Retirement Fund (Fund) to fellow Amazon shareholders in advance of the company’s annual shareholders’ meeting on May 26, 2021.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
In March, the Office of the State Comptroller approved 1,696 contracts for state agencies and public authorities valued at $2.3 billion and approved nearly 27.1 million payments worth more than $40.8 billion. The Office rejected 137 contracts and related transactions valued at $160 million and nearly 17,100 payments valued at nearly $46 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.
State Comptroller Thomas P. DiNapoli and Clinton County District Attorney Andrew J. Wylie announced the arrest of Mary L. Bell, Clerk of the Town of Saranac. Bell, 54, was arrested Thursday for allegedly falsifying records to hide her failure to deposit more than $800 in cash payments to the town that she collected as Clerk. Her actions allegedly took place from April 2017 to August 2017.
The New York State All Funds Budget for State Fiscal Year (SFY) 2021-22 totals an estimated $212 billion — the largest budget in State history, almost 10 percent greater than the prior year. While the Budget relies on an influx of resources to make significant investments in Education, Medicaid, and for aid for New Yorkers and businesses, it also missed opportunities to correct course on some lingering fiscal deficiencies.
The Enacted State Budget for State Fiscal Year (SFY) 2021-22 is boosted by a substantial influx of new resources, totaling an estimated $26.7 billion in SFY 2021-22. These resources include federal support, better-than-expected tax collections, revenues from tax increases, and other new resources, resulting in the largest budget in state history at an estimated $212 billion, according to an analysis released today by New York State Comptroller Thomas P. DiNapoli.
Omnibus Procurement Amendments – A.7180/S.6626 (Zebrowski/Krueger) – Relates to participation by state agencies in a system used by the comptroller to compile vendor responsibility information; authorizing the commissioner of the office of general services and state agencies to develop alternative procurement methods not otherwise authorized by law under certain circumstances; authorizing competitive negotiation concluding with a best and final offer; clarifying the use of best and
In 2020, the 10-year period of record growth in tourism came to an end, and the number of visitors to New York City fell by 67 percent to 22.3 million (from 66.6 million in 2019). OSC estimates the industry’s economic impact dropped by 75 percent from $80.3 billion in 2019 to $20.2 billion in 2020.
“New York City’s $98.6 billion executive budget for FY 2022 and its financial plan for FY 2022–FY 2025 reflect a drastically improved short-term budget outlook, buoyed by more than $15 billion in federal relief since December and better-than-projected revenues.
