The New York State Common Retirement Fund has reached a milestone. New York State Comptroller Thomas DiNapoli announced Monday that the fund was valued at an estimated $160.4 billion, an all-time high.
State Comptroller Thomas DiNapoli's sixth annual report examining the performance of the state's IDAs found improved reporting of data but recommended that IDAs do more to objectively weigh incentives against economic benefits to communities and evaluate projects receiving tax and other breaks.
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.
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.