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State Comptroller DiNapoli Statement on SEC's Climate Disclosure Proposal

New York State Comptroller Thomas P. DiNapoli issued the following statement regarding today’s SEC proposed rule on climate disclosure.

"Today's action by the SEC will ​provide investors with the robust climate disclosures that we have long advocated for. Access to consistent, comparable, and reliable information, across the marketplace, 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.

DiNapoli: State's Pandemic Response to Nursing Homes Hindered by Ill-Prepared State Agency

The state Department of Health (DOH) was unprepared to respond to infectious disease outbreaks at nursing homes, even before the COVID-19 pandemic hit New York, an audit released today by New York State Comptroller Thomas P. DiNapoli found. DiNapoli said that a persistent lack of funding for public health over the last decade forced DOH to operate without critical information systems and staff that could have identified and helped limit the spread of COVID-19 at nursing homes.

DiNapoli: Tennessee Woman Pleads Guilty to Wire Fraud for Receiving Deceased Mother's New York State and Local Retirement System Benefits

New York State Comptroller Thomas P. DiNapoli joined the United States Attorney for Eastern District of Tennessee (EDTN) in announcing that Leslie Schwinzer has pleaded guilty to wire fraud (18 USC. § 1343) in the U.S. District Court at Knoxville, TN for stealing $56,352 from the New York State and Local Retirement System (NYSLRS). This case was the result of a joint investigation with the Social Security Administration Inspector General’s Office (SSAIG), the EDTN and the Comptroller’s Office.

State Contracts by the Numbers, Calendar Year 2020

The Office of the State Comptroller received 16,356 contract transactions, including both new contracts and contract amendments, valued at $235 billion in the calendar year 2020. The average time from agency contract submission to final sign-off was 5.8 days.

New York’s Balance of Payments in the Federal Budget - Federal Fiscal Year 2020

Historic relief funds from the federal government, provided in response to the COVID-19 pandemic, boosted New York’s per capita balance of payments from Washington from second-to-last in federal fiscal year 2019 to 40th in 2020. During this period, New York received $1.59 for every tax dollar paid to Washington, an increase from 91 cents from the prior year, but still below the national average of $1.92. 

Federal Relief Aid Temporarily Reverses Trend of NY Sending More to Washington Than It Gets Back

Historic relief funds from the federal government, provided in response to the COVID-19 pandemic, boosted New York’s per capita balance of payments from Washington from second-to-last in federal fiscal year (FFY) 2019 to 40th in FFY 2020 among states, according to a report released by New York State Comptroller Thomas P. DiNapoli. New York received $146 billion, or $7,236 per capita, more in federal spending than residents paid in total taxes to the federal government in FFY 2020.

NYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review

New York State Comptroller Thomas P. DiNapoli has directed staff to prohibit all new investments in Russian companies and to review the New York State Common Retirement Fund’s (Fund) current investments and assess whether they present financial risks that warrant further restrictions or divestment. He is also reaching out to the Fund’s investment managers to urge them to conduct a similar examination to mitigate investment risk and minimize market impact.