New York’s Economy and Finances in the COVID-19 Era (May 13, 2021)
May 13, 2021 Edition
Admin
Direct Deposit for New State Employees
Comptroller DiNapoli's Legislative Program
Legislative Session 2021-2022:
Direct Deposit for New State Employees – Signed into law on July 22, 2022 as Chapter 442 of the Laws of 2022 – A.7436-A/S.6617-A (Abbate/Gounardes) – Requires the payment of salaries by direct deposit for state employees hired after January 1, 2023.
State Comptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
2020 Corporate Governance Stewardship Report
The Corporate Governance Program supports and facilitates the integration of environmental, social and governance (ESG) factors in the Common Retirement Fund’s due diligence process, investment decisions, and performance monitoring program, and provides active stewardship of the Fund’s public equity holdings.
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Overtime at State Agencies Reached All-Time High in 2020
The total cost of overtime in 2020 at state agencies reached an all-time high at more than $850 million, continuing an upward trend over the last decade and spurred on by the COVID-19 pandemic, according to a report released today
Pre-Audit - State Insurance Fund
Comptroller DiNapoli's Legislative Program
Legislative Session 2021-2022:
Pre-Audit - State Insurance Fund – Vetoed on December 29, 2021 - Veto Memo 89 – A.7286/S.7177 (Rodriguez/Krueger) – Relates to the pre-audit of expenditures from the state insurance fund by the state comptroller.
New York State Agency Use of Overtime - 2020
This report examines the use of overtime by New York State agencies over the past ten calendar years. The total cost of overtime in calendar year 2020 reached an all-time high at more than $850 million, covering roughly 19.1 million overtime hours worked.