Despite unexpected costs from Hurricane Sandy and a weaker than expected economy, New York State ended state fiscal year 2012-13 in a stable cash position compared to recent years, according to an end of the year report released Monday by New York State Comptroller Thomas DiNapoli.
State Comptroller Thomas DiNapoli is asking that the New York State Legislature examine options to restructure the state’s primary program to revitalize contaminated properties — the Brownfield Cleanup Program (BCP) — in order to fully achieve the important economic, public health and environmental goals set when the program was created.
Public authority debt increased to nearly a quarter of a trillion dollars in the latest reported fiscal year, according to a report released by State Comptroller Thomas DiNapoli.
An audit of the City of Norwich performed by State Comptroller Thomas DiNapoli's Office found that the information technology and computer servers are not placed in secure locations.
The State Department of Health made $26 million in Medicaid over payments and other questionable payments because of flaws in its e-Med NY claims processing computer system, according to an audit released by State Comptroller Thomas DiNapoli.
An audit released by the New York State Comptroller reveals administrative shortcomings in the School Tax Relief (STAR) program have resulted in duplicate and improper exemptions going to individuals or entities not eligible to receive them.
New York State Comptroller Thomas DiNapoli has released an independent review of the New York State Common Retirement Fund that found it is well-run, operates with an industry-leading level of transparency and invests effectively on behalf of its members.
The New York State common retirement fund’s rate of return for the third quarter ending Dec. 31 was 1.74 percent, according to New York State Comptroller Thomas DiNapoli.
The fund’s estimated value at the end of the third quarter was $152.9 billion, near its historical high.
Local sales tax collections in New York State grew by $450 million in 2012, an increase of only 3.3 percent from 2011, according to a report issued Thursday by State Comptroller Thomas DiNapoli. New York City had a slightly better growth rate of 3.5 percent.