State Comptroller DiNapoli Releases Municipal & School Audits
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued.
This snapshot highlights the Fiscal Stress Monitoring System (FSMS) results for school districts that reported for school fiscal year (SY) 2022-23, which ended on June 30, 2023. Increases to federal pandemic relief aid and the State fully funding foundation aid kept many districts out of a stress designation. For SY 2022-23, sixteen school districts were designated as being in stress—the second-lowest number since the system was created. The report also includes a look at districts that have been chronically stressed over the eleven years since FSMS began.
Sixteen school districts were designated in some level of fiscal stress under New York State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending June 30, 2023, up from 14 districts in fiscal stress the prior year, but still well below the 33 designated in stress in 2019. Increased temporary federal aid and growth in state aid have contributed to the declining number of school districts designated in fiscal stress.
New York State Comptroller Thomas P. DiNapoli, Livingston County District Attorney Gregory J. McCaffrey, and the New York State Police today announced the arrest of Patricia Chatley, 59, of Nunda, New York for allegedly stealing over $34,500 of her mother’s public pension payments after she died in January of 2020.
New York State Comptroller Thomas P. DiNapoli released the following statement on the New York City Mayor’s 2024 State of the City address:
“Public safety, affordability, and economic growth must guide future investments for New York, but the city is facing serious challenges, including unsustainable spending on the migrant crisis, growing housing costs and federal pandemic aid coming to an end.
New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), announced the filing of shareholder proposals at six portfolio companies requesting they comprehensively disclose their political spending. DiNapoli filed the disclosure proposals with Airbnb Inc., DoorDash Inc., Caesars Entertainment Inc., SoFi Technologies Inc., Charter Communications Inc., and DraftKings Inc.
New York state has the highest number of personal income tax (PIT) check-offs in the nation, but an analysis by State Comptroller Thomas P. DiNapoli found that even as the number of check-offs have grown over the last decade, only a fraction of the money has been actually spent on their target purposes each year.
New York State has the highest number of personal income tax checkoffs in the nation, but even as the number of checkoffs have grown over the last decade, only a fraction of the money has been actually spent on their target purposes each year. Agencies need to comply with reporting requirements to provide greater clarity on why spending from the funds is lagging.
This listing includes all final audit reports related to State agency and public authority operations issued during the five-year period from October 1, 2017 through September 30, 2022, and is a companion to the 2022–2023 Annual Report on Audits.