In February, the Office of the State Comptroller approved 1,533 contracts for state agencies and public authorities valued at $4.8 billion and approved nearly 3.4 million payments worth nearly $12.7 billion. The office rejected 176 contracts and related transactions valued at $3.3 billion and more than 6,200 payments valued at more than $22.9 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at Open Book New York.

The majority of New York City’s capital projects are over their initial budgets and behind schedule, suggesting better monitoring and reporting could lead to adjustments to improve capital project delivery, according to an analysis released today by State Comptroller Thomas P. DiNapoli.

New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today outlined the Fund’s stewardship priorities for 2024, including setting expectations related to climate risks, diversity, equity and inclusion (DEI), workforce management, and ensuring a robust governance framework to promote high levels of accountability. DiNapoli also announced the Fund has updated its proxy voting guidelines and released its 2023 Stewardship Report.