State Comptroller DiNapoli Releases Municipal & School Audits
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
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DiNapoli: North Shore Leads Staten Island's Growth
The North Shore, for many the gateway to Staten Island, has led the borough in population growth since 2010, according to a report released today by State Comptroller Thomas P. DiNapoli. The North Shore is located just north of the Staten Island Expressway and serves as an important freight and commuting hub. The area accounts for more than one third of the Staten Island population and its residents tend to be younger and more racially diverse than in other parts of the borough.
An Economic Snapshot of Staten Island's North Shore
The North Shore, for many the gateway to Staten Island, has led the borough in population growth since 2010. The North Shore is located just north of the Staten Island Expressway and serves as an important freight and commuting hub. The area accounts for more than one third of the Staten Island population and its residents tend to be younger and more racially diverse than in other parts of the borough.
State Pension Fund Earns 11.5% in Investment Returns
Remains one of the best funded public plans in nation
DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
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New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s investment return was 11.55% for the state fiscal year that ended March 31, 2024. The Fund closed the year with an estimated value of $267.7 billion.
Local Sales Tax Collections Up 3.9% in May Compared to Last Year
Local sales tax collections in New York State increased by 3.9% in May compared to the same month in 2023. Overall, local collections totaled $1.78 billion, up $66.4 million from the same time last year.
State Comptroller DiNapoli Releases Municipal & School Audits
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
DiNapoli: Local Sales Tax Collections Up 3.9% in May Compared to Last Year
Local sales tax collections in New York state increased by 3.9% in May compared to the same month in 2023, according to data released today by State Comptroller Thomas P. DiNapoli. Overall, local collections totaled $1.78 billion, up $66.4 million from the same time last year.
DiNapoli Bolsters State Pension Fund Support of LGBTQIA+ Equity & Inclusion at Portfolio Companies
During Pride Month, State Comptroller Thomas P. DiNapoli highlighted recent actions taken by the New York State Common Retirement Fund (Fund) to support LGBTQIA+ equity and inclusion for employees at portfolio companies, including new requests to major corporations seeking information on how they support LGBTQIA+ employees in the workplace.
DiNapoli: NYC IDA Needs To Improve Its Administration of Business Tax Breaks and Monitoring of Job Creation
The New York City Industrial Development Agency (NYCIDA) approved tax breaks and other incentives for businesses even though it lacked required financial information and financial feasibility analyses, according to a new audit from State Comptroller Thomas P. DiNapoli.