The New York State Common Retirement Fund (Fund) is committing another $350 million to two investment funds through its In-State Private Equity Investment Program, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today.

New York City lags behind the rest of the state and nation in regaining the jobs lost from the onset of the pandemic in March and April 2020, according to an analysis on the city’s labor force released by New York State Comptroller Thomas P. DiNapoli today. By March 2022, the city recovered just under 71% of jobs lost, while the rest of New York state has regained 82% of jobs. By April 2022, the United States had regained 95%.

Strong revenue growth may allow New York City to generate at least an additional $2.4 billion in operating surplus in city fiscal year (FY) 2022 compared to the Executive Budget released in April. However, better-than-projected fiscal performance may be short-lived amid inflation, geopolitical tension and supply chain issues, according to an analysis released today by State Comptroller Thomas P. DiNapoli. DiNapoli urged the city to put a substantial portion of the surplus funds into reserves and protect itself against uncertainty.

An audit that sampled 20 school districts found they did not provide mental health training to all staff for the 2020-21 school year by Sept. 15, as required by New York State Education Department (SED) regulations, according to a new report issued by State Comptroller Thomas P. DiNapoli.

In April, the Office of the State Comptroller approved 1,190 contracts for state agencies and public authorities valued at $14.1 billion and more than 4.2 million payments worth nearly $12 billion. The Office rejected 100 contracts and related transactions valued at $291.5 million and more than 7,200 payments valued at more than $12.3 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.

The State University of New York (SUNY) needs to make sure its campuses are upholding in-state residency requirements so that only eligible students receive the benefit of a lower tuition, according to an audit by Comptroller Thomas P. DiNapoli. The audit found that many campuses had little or no verification of residency for SUNY graduate students, resulting in tuition undercharging.

New York State Comptroller Thomas P. DiNapoli, United States Attorney Carla B. Freedman and Terry Harris, Special Agent in Charge, U.S. Department of Education Office of Inspector General (ED OIG), Eastern Region, announced today that Syracuse City School District teachers Jason Cecile and Nichole Murray must pay the United States $31,872.90 to resolve allegations that they submitted false timecards in connection with the school district’s Twilight Program.

Brooklyn’s economy is showing signs of recovery that outpace the rest of New York City and point to a strong rebound for the city’s most populous borough, according to an analysis released today by New York State Comptroller Thomas P. DiNapoli.

New York State Comptroller Thomas P. DiNapoli, Chemung County District Attorney Weeden A. Wetmore and the New York State Police announced former Odessa Village Clerk Kristi Pierce has been charged with Grand Larceny in the Third Degree (D Felony); Defrauding the Government (E Felony); and Official Misconduct (A Misdemeanor) for padding her timesheets to boost her pay. The alleged thefts occurred from 2012 to 2019 and netted Pierce more than $11,000 in pay she was not entitled to.

New York State Comptroller Thomas P. DiNapoli; Breon Peace, United States Attorney for the Eastern District of New York; Michael J. Driscoll, Assistant Director-in-Charge, Federal Bureau of Investigation, New York Field Office (FBI); Beth Dinkins, Special Agent-in-Charge United States Department of Agriculture; Terry Harris, Special Agent-in-Charge, U.S. Department of Education Office of Inspector General’s Eastern Regional Office; Thomas Fattorusso, Special Agent-in-Charge, Internal Revenue Service-Criminal Investigation, New York; and Anne T.