State Comptroller DiNapoli Releases Audits
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.
New York State Comptroller Thomas P. DiNapoli announced today the launch of his new online tool to monitor spending of federal recovery aid and COVID-19 relief programs in the state, including funds for excluded workers, childcare providers, emergency rental and homeowner assistance, and small business recovery.
State Fiscal Year (SFY) 2020-21 will long be remembered for the disruption caused by the COVID-19 pandemic and for the resilience demonstrated by New Yorkers in responding to the multitude of challenges.
The Comprehensive Annual Financial Report for the State of New York for the fiscal year ended March 31, 2021.
The Comprehensive Annual Financial Report for the New York State and Local Retirement System (the System or NYSLRS) for the fiscal year ended March 31, 2021.
In August, the Office of the State Comptroller approved 1,439 contracts for state agencies and public authorities valued at $1.4 billion and approved more than 18.9 million payments worth more than $14.7 billion. The office rejected 137 contracts and related transactions valued at $149.5 million and more than 14,800 payments valued at more than $8.9 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.
The historic surge in unemployment claims at the onset of the COVID-19 pandemic rapidly depleted the New York State Unemployment Insurance (UI) Trust Fund, resulting in the State borrowing from the federal government to pay claims. State UI tax rates have already risen to the highest level permissible under law in 2021. Unless the State or federal government takes significant action, federal UI tax rates on employers will also increase in 2022 and beyond.
The State has made progress in making high-speed connections available to New Yorkers; nevertheless, there are still significant challenges. Many predominantly rural areas remain underserved. And one in three low-income households does not have access to broadband, which magnifies disparities in access to opportunities. High-speed connections are an imperative not only for economic development, but also for equality of opportunity.
The state has made progress in making high-speed connections available to New Yorkers, ranking second in the U.S. in the percentage of the population with broadband available in their neighborhood, but more than one million, or 13.8%, of households do not have access or a subscription to home broadband services, according to a report released today by State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued.