New York State Comptroller Thomas P. DiNapoli today visited Ridgewood Savings Bank, in Clinton Hill, Brooklyn and Spring Bank, in the South Bronx, to highlight the importance of Banking Development Districts (BDDs). The Comptroller's Office has deposited $10 million in state funds in each of the two bank branches.
State Comptroller Thomas P. DiNapoli and New York Attorney General Eric T. Schneiderman announced the guilty plea today of former New York City Councilman Ruben Wills. Wills pleaded guilty to one count of Offering a False Instrument for Filing in the Second Degree, a class A misdemeanor. Pursuant to his plea agreement, Wills admitted he knowingly filed a false annual financial disclosure report with the New York City Conflicts of Interest Board by intentionally failing to disclose personal loans made to him on his disclosure form, as required by law.
If new funding sources for the Metropolitan Transportation Authority (MTA) are not identified, the authority may have to raise fares and tolls faster than planned to improve a system that has deteriorated sharply in recent years, according to an analysis of the MTA’s financial plan released today by State Comptroller Thomas P. DiNapoli.
State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the unsealing of a one-count indictment charging Jimmie Buie, a resident of Brooklyn, with Grand Larceny in the Third Degree, a class D felony. Jimmie Buie is alleged to have stolen over $23,000 in pension benefits issued by the New York State and Local Employees Retirement System to his deceased mother, Sandra Buie, between May 2011 and December 2012.
Securities industry profitability rose sharply in 2016, increasing by 21 percent, while the average bonus paid to employees in New York City’s securities industry increased by 1 percent to $138,210, according to an estimate released today by New York State Comptroller Thomas P. DiNapoli.
The Metropolitan Transportation Authority (MTA)'s New York City Transit is taking too long to correct safety-related defects in subway stations, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
Slower economic growth and proposed federal and state actions present potential risks to the city's budget, according to a report released today by New York State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the sentencing of Jimmie Buie, a Brooklyn resident, for stealing over $22,000 in pension benefits issued by the New York State and Local Employees Retirement System to his deceased mother, Sandra Buie, between May 2011 and December 2012. Jimmie Buie was convicted of Attempted Grand Larceny in the Third Degree and sentenced to 1 ½ to 3 years in state prison by the Honorable Elizabeth Foley in Kings County Supreme Court.
New York City projects a surplus of $3.7 billion in fiscal year (FY) 2017, but faces the risk of losing substantial federal funding in the years ahead with proposed budget cuts looming in Washington, according to a report released today by State Comptroller Thomas P. DiNapoli.
Securities industry profits totaled $12.3 billion in the first half of 2017, one-third higher than the $9.3 billion earned in the same period last year, putting Wall St. on pace for a second consecutive year of higher profits, according to a report released today by New York State Comptroller Thomas P. DiNapoli.
