State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
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DiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
Having no heat or hot water is a hazard that is supposed to be addressed in 24 hours, but the city’s Department of Housing Preservation and Development (HPD) has likely missed numerous complaints because it wrongly thought they were duplicates, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
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Warns pandemic could push more local governments into serious fiscal stress.
DiNapoli Announces 2019 Fiscal Stress Scores
Twenty-two local governments were designated in fiscal stress for 2019, according to State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System (FSMS). The scores were based on financial information reported by local governments operating on a calendar year basis (Jan. 1 – Dec. 31) for 2019 (pre-pandemic). In New York, that includes all counties and towns, 44 cities and 10 villages.
New York State Comptroller DiNapoli Statement on New Shareholder Rule
New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, today issued the following statement regarding the Securities and Exchange Commission’s (SEC) final vote on a shareholder rule:
“Today's action by the SEC will negatively impact investors and make it harder for shareholders to hold corporations accountable. These changes are unwanted by investors and may silence those challenging corporations to address issues like gender and racial pay equity, workplace diversity and racial discrimination.
DiNapoli: Medicaid Audits Find More Than $700 Million in Unnecessary Costs and Overpayments
New York State Comptroller Thomas P. DiNapoli today released five audits of the Department of Health’s (DOH) Medicaid program that identified approximately $706.6 million in unnecessary, improper or questionable payments and made several recommendations for improving the program.
New York State Comptroller DiNapoli Statement on the Passing of Ruth Bader Ginsburg
"Tonight our nation mourns the passing of U.S. Supreme Court Justice Ruth Bader Ginsburg.
"She was a champion for justice, one of the brightest legal minds in American History and a passionate defender of the U.S. Constitution. She was a trailblazer for women and shattered many glass ceilings on her way to our country's top court. Her accomplishments and moral character will inspire generations to come."
DiNapoli: Restaurant Industry Critical to New York City's Economy
New York City’s restaurant industry had 23,650 establishments in 2019, provided 317,800 jobs, paid $10.7 billion in total wages citywide and delivered nearly $27 billion in taxable sales, but many restaurants and bars have closed or significantly reduced their operations because of the COVID-19 pandemic, leaving tens of thousands unemployed, according to a report released today by State Comptroller Thomas P. DiNapoli.
State Comptroller DiNapoli Releases School District Audits
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits have been issued.
DiNapoli: Mount Vernon Officials Failed to Establish Basic and Routine Financial Policies
The City Council of Mount Vernon did not have adequate financial information for the effective management and fiscal oversight of city operations because officials failed to file annual financial reports, provide interim financial reports and issue audited statements. In addition, they did not have financial information available to develop multiyear financial or capital plans, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.