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NY State Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule

New York State Comptroller Thomas P. DiNapoli released the following statement on the Securities and Exchange Commission’s (SEC) adoption of the Climate Change Disclosure Rule:

“This is a significant victory for investors who are committed to mitigating the real investment risks associated with climate change.

“Today’s action by the SEC 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.

Migrant Tracker - Charts (February 2024)

Google Charts - API

State Contract and Payment Actions in January

In January, the Office of the State Comptroller approved 1,493 contracts for state agencies and public authorities valued at $3.7 billion and approved nearly 1.9 million payments worth nearly $13.7 billion. The office rejected 165 contracts and related transactions valued at $4.3 billion and nearly 850 payments valued at more than $18.5 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.

DiNapoli Releases Bond Calendar for March and April

New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for New York State, New York City and their major public authorities during the months of March and April of 2024.

The planned sales of $8.86 billion include $4.77 billion of new money and $4.09 billion of refundings and reofferings as follows:

Review of the Financial Plan of the City of New York, February 2024

Better-than-projected revenues and planned cost savings benefited New York City’s budget outlook for Fiscal Year 2025, but outyear budget gaps remain large due to the end of federal pandemic aid and a lack of federal funding to support asylum seeker costs. Additional City funding for education and social services programs that support working-class families may be needed if those programs will be maintained at current levels in the future.  

Comptroller DiNapoli, Manhattan D.A. Bragg Announce Guilty Plea of Former NYU Director of Finance for Major Fraud

New York State Comptroller Thomas DiNapoli and Manhattan District Attorney Alvin L. Bragg Jr. today announced the guilty plea of CINDY TAPPE, 57, for orchestrating an approximately $3.5 million 6-year fraud relating to two New York University (“NYU”) programs. TAPPE used her position as the Director of Finance and Administration for NYU’s Metropolitan Center for Research on Equity and Transformation of Schools (the “Metro Center”) to divert approximately $3.5 million intended for minority and women owned businesses.

DiNapoli: Former Hannibal Fire Chief and Father Arrested

New York State Comptroller Thomas P. DiNapoli, Oswego County District Attorney Anthony J. DiMartino, Jr., and the New York State Police today announced the arrest of former Hannibal Fire Chief Chris Emmons for allegedly stealing $18,000, and Carl Emmons Sr., Chris Emmons’ father and a volunteer firefighter, for stealing over $2,500 from the fire company.