Home / News / In the News

In The News

Feb 12, 2020

New York Maintains ‘Conservative Approach’ With 5.3% Third Quarter Return

Chief Investment Officer

The New York State Common Retirement Fund on Monday posted a 5.3% return for its third quarter, rebounding from weak gains in the first half of the year thanks to a boost from the broader markets.

Jan 29, 2020

New York State pension fund puts 27 coal companies under review

Reuters

New York state’s top pension fund official said it was reviewing whether to divest from 27 coal companies and could make decisions on $98 million in holdings within two months.

Jan 23, 2020

RCSD deficit worse than projected, NY auditors warn district could run out of money

Democrat & Chronicle

A damning state review of Rochester City School District finances released Thursday raises the projected year-end deficit to $40.5 million.

Jan 23, 2020

DiNapoli: 33 School Districts Reported in Fiscal Stress

WIBX 950

A new report from State Comptroller Thomas DiNapoli shows there were 33 school districts statewide designated in fiscal stress in 2019.

Jan 16, 2020

NYS Comptroller’s Office Says Outreach Agency Has Failed To Get Homeless Individuals Out Of Subway Stations

CBS New York

A new audit shows the number of homeless people in the subway system has increased 18%.

Jan 14, 2020

Comptroller report: NYS gives more to feds than it gets back

WXXI

A report by the state Comptroller finds that New York ranks number one in being shortchanged in tax money from the federal government.

Jan 9, 2020

NY Comptroller appoints director to oversee green investments for state pension fund amid calls for divestment from fossil fuels

New York Daily News

Comptroller Tom DiNapoli is going green. DiNapoli on Thursday appointed a point person to oversee the eco-friendly investments.

Jan 7, 2020

LIRR reports of ridership and failures off track, comptroller's audit finds

Newsday

The Long Island Rail Road uses misleading performance metrics to exaggerate the size of its ridership and reliability of its trains, according to a state report.

Dec 25, 2019

Audit recommends HCCC change procurement policy

Utica Observer Dispatch

Herkimer County Community College officials said they will meet the recommendations made by the state Comptroller’s Office following an audit on its competitive methods when procuring goods and services.

Dec 24, 2019

New York comptroller warns Haverstraw that town's computers are vulnerable to ransomware

Journal News

A New York State Comptroller audit knocked Haverstraw for lax internet usage and security protocols that could have left the town exposed to malware and even ransomware attacks.

Dec 20, 2019

Pleasant Valley woman stole $42,000 in pension payments from dead mother: Comptroller

Poughkeepsie Journal

A Pleasant Valley woman stole nearly $42,000 from the state and local retirement system in pension payments for her dead mother, the Office of the New York State Comptroller said.

Dec 20, 2019

New Yorkers pay thousands in fees for slim chance at affordable apartments: audit

Crains New York

You have a better chance of getting into Harvard than landing an affordable apartment in Manhattan, a study released Friday by state Comptroller Thomas DiNapoli found.

Dec 17, 2019

Poughkeepsie district paid thousands in benefits to non-eligible employees: comptroller

Poughkeepsie Journal

The Poughkeepsie City School District's personnel and payroll policies haven't been updated in 28 years.

Dec 13, 2019

Comptroller: State Must Be Prepared, Boost Rainy Day Fund

AP

The state should fully fund its rainy day reserves within five years, Democratic Comptroller Thomas DiNapoli said in a report released Friday.

Dec 12, 2019

NYS gov bureaucracy soft on landlord harassment: comptroller

New York Daily News

Landlords hit with fines for harassing tenants often aren’t paying the piper, according to a new audit from state Comptroller Thomas DiNapoli.

Dec 11, 2019

Audit: $750K in questionable Long Beach payouts

Long Island Herald

In a scathing final audit report, State Comptroller Tom DiNapoli’s office blasted Long Beach officials for their mismanagement of the city’s finances, which led to a fiscal crisis and a payout scandal that triggered two criminal investigations at the county and federal levels last year.

Dec 5, 2019

Audit: Diplomats, out-of-state residents not paying NYC parking tickets

WABC

Millions of parking tickets are written each year in New York City, and a new audit found that many diplomats and out-of-state residents are not paying them.

Nov 21, 2019

Debt for NY's local governments tops $43B

Lockport Journal

If New Yorkers had to pay off the debt owed by local governments across the state, the tab would come to $3,916 per person.

Nov 19, 2019

State comptroller: LIRR could be losing $33M in 'haphazard' fare collection

Newsday

The Long Island Rail Road may be losing more than $33 million a year because of “haphazard” fare collection efforts on trains, according to a new report by the state comptroller's office.

Nov 18, 2019

Second audit finds NY facilities are not properly reporting abuse, neglect

Times Union

Four months after an audit found that facilities run by the state Office of Mental Health are not properly notifying family members of abuse and neglect within their walls, a second audit released Monday said that the Office for People With Developmental Disabilities also faces compliance issues.