New York State Comptroller Thomas P. DiNapoli today wrote to President Biden in support of his planned veto of a resolution that would undo a U.S. Labor Department (DOL) rule that allows managers of retirement funds that are subject to the Employee Retirement Income Security Act to consider environmental, social and governance (ESG) risks as part of their investment decisions.
Despite the state’s economic recovery since the pandemic first hit three years ago, significant headwinds will present challenges to ongoing economic growth and fiscal stability. The state faces prolonged inflation, rising federal interest rates and the end of federal relief aid that was instrumental in balancing the past two budgets, according to a report by State Comptroller Thomas P. DiNapoli on the State Fiscal Year (SFY) 2023-24 Executive Budget.
State Comptroller Thomas P. DiNapoli, Albany County District Attorney David Soares and the New York State Police today announced the arrest of Alayne Bertolino for allegedly stealing more than $240,000 in New York state pension payments made to her deceased father over a 4 ½-year period.
New York State Comptroller Thomas P. DiNapoli today announced the following school audits have been issued.
Therapeutic and support services available through New York’s Early Intervention (EI) Program are vital for infants and toddlers with disabilities, but an audit released today by New York State Comptroller Thomas P. DiNapoli found many young children did not receive services or faced delays in care. The audit recommended the New York State Department of Health (DOH) improve its management of the EI program and eliminate barriers to care.
In January, the Office of the State Comptroller approved 1,801 contracts for state agencies and public authorities valued at $1.7 billion and approved more than 1.7 million payments worth more than $12.5 billion. The office rejected 101 contracts and related transactions valued at $93 million and nearly 1,200 payments valued at nearly $7 million, primarily for mistakes, insufficient support for charges and improper payments. More information on these contracts and payments is available at Open Book New York.
State Comptroller Thomas P. DiNapoli, the U.S. Attorney for the Northern District of Georgia Ryan K. Buchanan and the Inspector General for the Social Security Administration Gail S. Ennis today announced the arrest of a Georgia resident, Sandra Smith, for allegedly stealing over $450,000 in New York state pension and Social Security payments made to her deceased mother-in-law over a 16-year period.
New York City’s $104.8 billion preliminary fiscal year (FY) 2024 budget has benefitted from better-than-projected revenue collections, the reallocation of unused federal pandemic relief funds and savings initiatives, according to a report released today by State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli issued the following statement today on the Metropolitan Transportation Authority (MTA)’s February Financial Plan:
Local sales tax collections in New York state increased by 9.2% in January compared to the same month in 2022, according to an analysis released today by State Comptroller Thomas P. DiNapoli. Overall, local collections totaled $1.89 billion, up $159 million compared to the same time last year.
