Statement From NY State Comptroller Thomas P. DiNapoli on Mayor's November Financial Plan Update
New York State Comptroller Thomas P. DiNapoli released the following statement today regarding the update to the city's Financial Plan:
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DiNapoli: Local Sales Tax Collections Up 2.5% in October Compared to Last Year
Local sales tax collections in New York state increased by 2.5% in October compared to the same month in 2022, according to an analysis released today by State Comptroller Thomas P. DiNapoli. Overall, local collections totaled nearly $1.8 billion, up $43.5 million compared to the same time last year.
DiNapoli: Georgia Woman Sentenced to Over a Year in Prison and Ordered to Pay $459K in Full Restitution for Stealing NYS Pension and Social Security Payments
A 50-year-old Georgia woman, Sandra Smith, was sentenced to over a year in federal prison and ordered to pay full restitution after admitting she stole $459,050 in New York state pension and federal social security payments from her deceased mother-in-law’s bank account, State Comptroller Thomas P. DiNapoli, U.S. Attorney for the Northern District of Georgia Ryan K. Buchanan, and Inspector General for the Social Security Administration Gail S. Ennis announced today.
DiNapoli Op-Ed: New York Needs to Boost Financial Education in Our Schools
amNewYork on Saturday published an op-ed from New York State Comptroller Thomas P. DiNapoli.
The full op-ed is below:
New York needs to boost financial education in our schools
Young people in New York have a great knowledge of many subjects, but they have much to learn about personal finance.
State Contract and Payment Actions in September
In September, the Office of the State Comptroller approved 1,803 contracts for state agencies and public authorities valued at $3.4 billion and approved more than 2.1 million payments worth nearly $15 billion. The office rejected 150 contracts and related transactions valued at $311 million and nearly 3,100 payments valued at more than $13 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.
DiNapoli Examines Fiscal Hurdles Facing Key NYC-Supported Agencies
New York City is financially accountable for numerous entities that are legally separate but can impact its budget. Today, State Comptroller Thomas P.
DiNapoli Analysis Finds Sharp Decline in Homeless Veterans in New York
New York state made substantial progress in reducing homelessness for veterans between 2010 and 2022 with the number of homeless veterans declining 83% (from 5,857 to 990), the largest percentage decline in the nation, according to an analysis by State Comptroller Thomas P. DiNapoli. The share of homeless adults that are veterans was reduced from 9% in 2010 to just 1% in 2022.
DiNapoli: NYS Pension Fund Commits $50 Million to NY Small Business Investment Fund
The New York State Common Retirement Fund has committed $50 million to a private equity fund managed by Hamilton Lane aimed at supporting small businesses across New York, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today.
State Comptroller DiNapoli, Steuben County District Attorney Baker and the New York State Police Announce Arrest of Former Village of Addison Official for Theft of More Than $1.1 Million
A longtime clerk-treasurer of the Village of Addison in Steuben County has been arrested for allegedly stealing more than $1.1 million in village funds over the course of at least 19 years, New York State Comptroller Thomas P. DiNapoli, Steuben County District Attorney Brooks Baker, and the New York State Police announced today.
DiNapoli: State Needs to Help Addiction Support Providers Better Prepare for Emergencies
Some addiction treatment programs may not be adequately prepared in an emergency to prevent gaps in care, which could compromise patient progress or safety, according to a new audit released today by New York State Comptroller Thomas P. DiNapoli.