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As Personal Income Tax Checkoffs Increase in Number, Disbursements Lag for Most Funds

New York State has the highest number of personal income tax checkoffs in the nation, but even as the number of checkoffs have grown over the last decade, only a fraction of the money has been actually spent on their target purposes each year. Agencies need to comply with reporting requirements to provide greater clarity on why spending from the funds is lagging.

Audits of State Agencies and Public Authorities: Five-Year Listing (October 1, 2017 – September 30, 2022), January 2024

This listing includes all final audit reports related to State agency and public authority operations issued during the five-year period from October 1, 2017 through September 30, 2022, and is a companion to the 2022–2023 Annual Report on Audits.

DiNapoli Urges New Yorkers to Spend Holiday Gift Cards

New York State Comptroller Thomas P. DiNapoli is urging New Yorkers to keep track of the gift cards they received during the holidays. Unused gift card balances can be turned over to the Comptroller’s Office of Unclaimed Funds (OUF) after five years of inactivity. In 2023, the Office recovered over $27 million from gift cards. For this reason, everyone should check for unclaimed funds.

DiNapoli Announces Robin Lois to Oversee Local Government Division

State Comptroller Thomas P. DiNapoli today announced the appointment of former Dutchess County Comptroller Robin Lois as the Deputy Comptroller of Local Government & School Accountability.

Lois will head the division responsible for monitoring the finances of New York’s local governments and school districts. She will direct seven regional offices and a staff of more than 300 responsible for auditing and budget reviews, training local officials, monitoring local fiscal stress, and reporting on issues facing local governments and schools.

DiNapoli Releases Bond Calendar for First Quarter

New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule of planned bond sales for New York State, New York City and their major public authorities during the first quarter of 2024.

The planned sales of $4.36 billion include $3.11 billion of new money and $1.25 billion of refundings and reofferings as follows: