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State Comptroller DiNapoli and Rockland District Attorney Walsh Announce Guilty Pleas of Middletown Resident for Larceny

New York State Comptroller Thomas P. DiNapoli and Rockland County District Attorney Thomas E. Walsh II announced that Ricardy Cesar, 54, of Middletown, N.Y., pleaded guilty in Rockland County Court before Judge Larry J. Schwartz to petit larceny for stealing nearly $4,000 from the New York State & Local Retirement System (NYSLRS).

Cesar was sentenced to a one year conditional discharge and 75 hours of community service, and was ordered to pay back the money.

DiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments

New York’s municipalities collected nearly $17 billion in sales tax revenue in 2019, representing 9.7 percent of all local government revenue, according to a comprehensive report on local sales tax released today by State Comptroller DiNapoli. Every county and city in the state, along with many towns and villages, depend on these funds to pay for essential services and operations, revealing the statewide impact of the revenue losses from the pandemic.

State Contract and Payment Actions in August

In August, the Office of the State Comptroller approved 1,149 contracts for state agencies and public authorities valued at $56.4 billion and approved more than 16.6 million payments worth more than $12.3 billion. The office rejected 120 contracts and related transactions valued at $160 million and nearly 19,100 payments valued at nearly $17.6 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 Releases Bond Calendar for Fourth Quarter

New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for the state, New York City and their major public authorities during the fourth quarter of 2020.

The planned sales of $6.28 billion include $4.98 billion of new money and $1.3 billion of refundings and reofferings as follows:

DiNapoli: Westchester Sisters Admit to Stealing $22,000 of Deceased Mother's Pension Payments

State Comptroller Thomas P. DiNapoli and Westchester County District Attorney Anthony A. Scarpino, Jr. announced the convictions of Annette Bigelow, 60, and Mary Nash, 59, who hid their mother’s death to collect nearly $22,000 in her state pension payments from 2013 to 2015. The two Westchester County residents each pleaded guilty to one count of felony grand larceny in the fourth degree.

2020 Financial Condition Report
For Fiscal Year Ended March 31, 2020

Data Sources

  • Center for the Study of Education Policy, Illinois State University
  • City of New York Department of Correction
  • City University of New York
  • Federal Reserve Bank of New York
  • Fitch Ratings
  • IHS Markit
  • Internal Revenue Service
  • Moody’s Investors Service
  • National Association of State Budget Officers
  • NYC Office of Management and Budget
  • NYS Department of Agriculture and Markets
  • NYS Department of Corrections and Community Supervision
  • NYS Department of Environmental Conservatio

2020 Financial Condition Report
For Fiscal Year Ended March 31, 2020