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DiNapoli: Albany Man Pleads Guilty to Stealing More Than $230,000 From Elderly State Pensioner

State Comptroller Thomas P. DiNapoli, Rensselaer County District Attorney Mary Pat Donnelly, and New York State Police Superintendent Steven G. James announced the guilty plea of Devin Zielinski, 33, for stealing over $230,000 from an elderly victim. His co-defendant in this caretaker scheme, Amber Diacetis, a 31-year-old Albany woman, pleaded guilty to grand larceny in the third degree last year.

DiNapoli: NYS Pension Fund Commits an Additional $2.4 Billion Through Sustainable Investment Program

The New York State Common Retirement Fund (Fund) committed an additional approximately $2.4 billion to three funds as part of its Sustainable Investments and Climate Solutions (SICS) Program, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. 

To date, the Fund has deployed over $26.5 billion, toward its goal of $40 billion, to specific investment opportunities in the SICS Program. The Fund has made commitments to the SICS Program across asset classes including public equity, fixed income, private equity, credit, real assets and real estate. 

New York’s Balance of Payments in the Federal Budget – Federal Fiscal Year 2023, April 2025

For the fourth year in a row, federal pandemic relief funds resulted in New York having a positive balance of payments with Washington. For every tax dollar New York paid to Washington in Federal Fiscal Year 2023, the State received $1.06 in return; the national average was $1.32. New York’s balance of payments was $912 per capita, ranking New York 42nd among states. This report is the ninth in a series by the Office of the State Comptroller that examines the flow of funds between the federal government and the states.

State Comptroller DiNapoli Releases Municipal & School Audits

East Ramapo Central School District – Budget Review (Rockland County) 

Auditors identified a number of issues with revenues and expenditures. They found the district’s unassigned fund balance increased from $4.4 million in 2021-22 to $31.3 million in 2023-24 and unassigned fund balance as a percentage of the ensuing year’s appropriations increasing from 1.7% in 2021-22 to 9.2% in 2023-24, exceeding the 4% statuory limit.

DiNapoli Releases 2024 Fiscal Stress Scores for Villages and Some Cities

State Comptroller Thomas P. DiNapoli today announced that nine villages were designated in fiscal stress under his office’s Fiscal Stress Monitoring System (FSMS) for their fiscal year ending in 2024. DiNapoli’s office evaluated all non-calendar year local governments that filed their financial reports in time to be scored and designated three villages in “significant fiscal stress,” two in “moderate fiscal stress,” and four as “susceptible to fiscal stress.” 

Refunding of State Bonds

Comptroller DiNapoli's Legislative Program

Legislative Session 2023-2024:

Refunding of State Bonds –  A.5833 /S.5442 (Pretlow/Krueger) - Signed as Chapter 102 of the Laws of 2025 –  Removes the three percent limit on the call premium that may be reserved to the state for the purposes of redeeming or refunding state bonds.