Financial relief has been slow to reach New York’s pandemic-hit renters because of poor management by the Office of Temporary and Disability Assistance (OTDA) in implementing the state’s Emergency Rental Assistance Program (ERAP), according to a new report released today by New York State Comptroller Thomas P. DiNapoli.
“The Governor has done the right thing. New York is facing many challenges as we battle the ongoing impact of COVID-19. My team and I stand ready to assist incoming Governor Hochul as we move the state forward.”
The New York State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2021-22 was 5.82% for the three-month period ending June 30, 2021, according to New York State Comptroller Thomas P. DiNapoli. It ended the quarter with an estimated value of $268.3 billion.
The New York State Common Retirement Fund (Fund) is evaluating 42 publicly traded shale oil and gas companies to determine if they are prepared for the transition to a low-carbon economy, New York State Comptroller Thomas P. DiNapoli, trustee of the third largest public pension plan in the country, announced today. The Fund also restricted investments in five more coal producers, adding those companies to the list of 22 that the Fund divested from in 2020.
"This is a sad day for New York. The Attorney General's report documents unacceptable workplace behavior in the Executive Chamber at the highest level of state leadership. The women who came forward are courageous, and they have been heard. As I stated months ago, the Governor should step down."
In June, the Office of the State Comptroller approved 1,487 contracts for state agencies and public authorities valued at $18.6 billion and approved more than 20.9 million payments worth more than $18.1 billion. The office rejected 149 contracts and related transactions valued at $2.9 billion and nearly 9,300 payments valued at nearly $25.4 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at www.openbooknewyork.com.
People with disabilities face challenges and limited access at some facilities run by the Port Authority of New York and New Jersey (PANYNJ), according to an audit released today by State Comptroller Thomas P. DiNapoli.
The state Department of Health (DOH) allowed more than $1.5 billion in improper Medicaid payments over the course of several years due to errors in its billing system and may have exposed patients to unqualified and uncredentialed health care providers, according to three reports released today by State Comptroller Thomas P. DiNapoli.
New York State Common Retirement Fund (Fund) assets managed by Minority and Women-Owned Business Enterprise (MWBE) managers grew from $20 billion to approximately $27 billion in state fiscal year 2020-21 and the Fund’s Emerging Manager program grew from $6.7 billion to $9 billion, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today.
Some New Yorkers with disabilities are missing out on employment opportunities and other benefits because the state Office of Mental Health (OMH) failed to include key features in its web-based advisement system, according to an audit released today by State Comptroller Thomas P. DiNapoli.
