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NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

        

DiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects

New York State’s Environmental Facilities Corporation (EFC) has provided financing for over 2,000 essential local water infrastructure projects totaling more than $23.7 billion since 1990, but the estimated capital improvement needs for water and sewer projects far exceeds this amount, and tens of billions of dollars in local projects remain in the pipeline, according to a report by State Comptroller Thomas P. DiNapoli.

DiNapoli Launches New Search Tool During Sunshine Week that Allows Users to Take a Deeper Dive on State Contracts

State Comptroller Thomas P. DiNapoli today announced Contracts by the Numbers, a new web page with a dashboard that expands the procurement search tools provided in Open Book New York. This new tool lets users perform more robust searches on state agency and public authority contracts, including identifying who has the biggest and most contracts with New York state.

DiNapoli: Two Capital Region Residents Indicted for $1 Million Medicaid Transportation Fraud Scheme

The two principles of Phinaliz Communications LLC, Philip Mtui and Mbaga Kaiza, were indicted for their alleged role in a scheme to steal more than $1 million from Medicaid by filing false and inflated reimbursements for transportation services, New York State Comptroller Thomas P. DiNapoli announced today on behalf of the joint state, local and federal investigating agencies.

DiNapoli: New York's Public and Private Colleges and Universities Face Significant Challenges in Years Ahead

A new report by State Comptroller Thomas P. DiNapoli highlights the challenges New York’s higher education sector is facing, including a looming enrollment cliff, growing costs of attendance, and rising student debt. The report examines both public and private institutions of higher education.

DiNapoli: Former Utica City School District Superintendent Pleads Guilty to Public Corruption

State Comptroller Thomas P. DiNapoli, Oneida County District Attorney Todd Carville, and the New York State Police today announced long-time superintendent of the Utica City School District (UCSD), Bruce Karam, pleaded guilty to the felony charge of public corruption for using taxpayer funds to help support a political campaign relating to the 2021 Utica City School Board election and a non-school related fundraiser.

DiNapoli Reaffirms Commitment to DEI Initiatives

New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today announced various initiatives to address diversity, equity, and inclusion (DEI) issues at portfolio companies, including filing shareholder proposals at Tesla Inc., Wells Fargo and Co., Chipotle Mexican Grill Inc., and United Health Group Inc. DiNapoli’s actions come as corporate DEI initiatives are under attack, and reports that some companies are scaling back DEI efforts.

NY State Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule

New York State Comptroller Thomas P. DiNapoli released the following statement on the Securities and Exchange Commission’s (SEC) adoption of the Climate Change Disclosure Rule:

“This is a significant victory for investors who are committed to mitigating the real investment risks associated with climate change.

“Today’s action by the SEC will greatly improve the state pension fund's ability to assess and address risks and opportunities as we navigate our path to net zero by 2040.

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