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In The News

Mar 20, 2018

New York State Fund Snubs All-Male Boards

Wall Street Journal

A major state pension fund intends to oppose the re-election of all directors at hundreds of U.S. corporate boards without a single woman.

Mar 16, 2018

Town of Oswego called out in state audit for depleting fund balance

WRVO

The Town of Oswego in Oswego County is working to improve its finances after a state audit revealed mismanagement that contributed to the loss of nearly 90 percent of its reserves.

Mar 14, 2018

Cairo-Durham Central School District fell behind in IT protections leaving users at risk, state auditors say

Hudson Valley 360

Inadequate and outdated information technology policies in the Cairo-Durham Central School District could expose students, employees and the computer network to cybercriminals, according to an audit released by state Comptroller Thomas P. DiNapoli.

Mar 14, 2018

State ‘promotional’ spending deserves close look: Editorial

Poughkeepsie Journal

The SUNY system is an upstate powerhouse, and if all that energy can be leveraged to grow businesses nearby, it could keep more young people in New York — it could stop the so-called “brain drain” that is crushing the Empire State, especially upstate.

Mar 14, 2018

State comptroller: LIRR on-time record 'has become unacceptable'

Newsday

In report, Thomas DiNapoli says nearly 21,400 trains were late, canceled or terminated in 2017 — an increase of about 20 percent over 2016.

Mar 12, 2018

Pleasant Valley town clerk charged with stealing more than $27,000 in town funds

Poughkeepsie Journal

Pleasant Valley Town Clerk Margaret Hart is facing a felony grand-larceny charge following her indictment on allegations she stole more than $27,000 in town funds over more than three years, according to Dutchess County District Attorney William V. Grady.

Mar 9, 2018

DiNapoli slams ACS for weak oversight of foster kids

New York Post

The city’s child welfare agency isn’t providing enough oversight of foster children, State Comptroller Thomas DiNapoli said in an audit released Friday.

Mar 8, 2018

SEC Sides With DiNapoli Over Express Scripts in Cyber-Risk Spat

Bloomberg

New York State Comptroller Thomas DiNapoli scored a victory against Express Scripts Holding Co. in his push to force increased disclosures of the firm’s efforts to mitigate cyber risks.

Mar 5, 2018

State environmental fund needs shoring up, DiNapoli says

Times Union

A key state fund for promoting environmental projects, hit by funding raids and sometimes plugged with one-shot revenues and borrowed money, will need shoring up financially in coming years, state Comptroller Tom DiNapoli said Monday.

Mar 5, 2018

Report: SUNY oversight of private foundations lacking

Times Union

The foundation that supports fundraising efforts and other activities at the state University at Albany has not been audited by SUNY administrators in more than 10 years, according to a report issued Tuesday by the state comptroller's office.

Mar 2, 2018

Poor training for subway operators puts riders at risk, MTA audit reveals

New York Daily News

A damning state controller audit gives the MTA’s schooling of subway operators and conductors a failing grade, noting that its poorly run training programs may be leading to bad rides and safety hazards.

Mar 1, 2018

Mattel to report political spending to NY state pension fund

Associated Press

New York state’s comptroller says Mattel is the latest major corporation to agree to the state public pension fund’s request to publicly report all corporate political spending.

Feb 26, 2018

New York Comptroller Says Wynn Board Was Complicit in Abuse

Bloomberg

The New York state comptroller accused the board of Wynn Resorts Ltd. of doing nothing to stop the alleged sexual misconduct of Steve Wynn, who abruptly stepped down this month as chairman and chief executive of the casino operator he founded.

Feb 22, 2018

Employment in New York City increased 18.9% from 2009 to 2017 — outpacing the rest of the U.S.

New York Daily News

Between 2009 and 2017, New York City added a record 702,200 new jobs, a higher number than was created during any other economic expansion, state Controller Thomas DiNapoli reported Thursday.

Feb 13, 2018

SUNY Downstate Medical Center deal a bust, audit finds

New York Post

Struggling SUNY Downstate Medical Center paid a “restructuring” consultant $34 million to help come up with plans to trim costs — but a stinging audit charged the deal was a bust.

Feb 12, 2018

New York pension fund reaches record $209B

New York Daily News

The state pension fund ended 2017 at an all-time high, state Controller Thomas DiNapoli is set to announce Monday.

Feb 8, 2018

Audit reveals Orleans didn’t properly account for and manage inmate and commissary accounts

The Daily News

Orleans County did not properly account for and manage its jail inmate and commissary accounts, according to a State Comptroller’s Office audit released Friday.

Feb 8, 2018

Broome's reserves 'dangerously low,' audit says

Press & Sun-Bulletin

Broome County's reserves are at such low levels that the county is "jeopardizing public services and long-term infrastructure investments," according to a New York State Comptroller's Office audit released Thursday.

Feb 1, 2018

Sustainability and State Pensions

Spectrum News

The state pension fund is going greener. The comptroller announced that the fund will double its investment in a low emissions index fund, going from $2 billion to $4 billion. This comes after Governor Cuomo pushed for a full divestment from fossil fuels, but also as local governments are looking for any kind of savings on things like retirement contributions. State Comptroller Tom DiNapoli joins us to talk about the pension fund, the state budget and more.

Feb 1, 2018

New York’s Giant Pension Fund Doubles Climate-Smart Investment

Inside Climate News

The $2 billion boost was announced at the Investors Summit on Climate Risk, where top fund managers discussed finance for a low-carbon, clean energy future.