Selected reports and information published by New York State's Comptroller Thomas P. DiNapoli during the week ending November 24, 2013 Click on text highlighted in color to access the full report Comptroller DiNapoli Releases Municipal Audits New York State Comptroller Thomas P. DiNapoli Thursday announced his office completed audits of the Town of Almond; the Town of Big Flats; the Town of Conesus; the Town of Ellenburg; the Town of Ellicott; the Essex County; the Town of Laurens; the Town of Lincoln; the Town of Minetto; the Rush Fire District; the Town of Stanford; the Town of Wawarsing; and the Village of Woodridge. DiNapoli: State Agency Overtime Tops $462M; Could Hit Record $600M by Year End State agencies spent more than $462 million on overtime in the first nine months of 2013, a jump of $65 million over the same period in 2012, State Comptroller Thomas P. DiNapoli announced Tuesday. DiNapoli Shareholder Resolution Calls on AT&T to Disclose Surveillance Requests The $160.7 billion New York State Common Retirement Fund has filed a shareholder resolution at AT&T Inc. asking the company to disclose how often and what consumer information it has shared with U.S. or foreign governments, New York State Comptroller Thomas P. DiNapoli announced Wednesday. The resolution will be voted on at the company’s 2014 annual meeting scheduled for late April. New York State Common Retirement Fund’s Marjorie Tsang Named Woman of the Year Marjorie Tsang, director of strategic research and solutions for the New York State Common Retirement Fund, received the Woman of the Year Award from New York Women Executives in Real Estate (WX). The award was presented at WX’s annual gala on Thursday night following an introduction by New York State Comptroller Thomas P. DiNapoli. DiNapoli: Audit Reveals Fiscal Stress in City of Fulton The city of Fulton has spent down its rainy day funds to dangerously low levels, leaving city officials little cushion to manage unforeseen expenses, according to an audit released Friday by State Comptroller Thomas P DiNapoli. Earlier this year, DiNapoli’s fiscal stress monitoring system identified the city as one of nine communities in “moderate stress.” NYS Common Retirement Fund Announces Second Quarter Results The New York State Common Retirement Fund’s estimated rate of return for the second quarter ending September 30, 2013 was 4.61 percent, increasing the Fund’s value to an estimated $160.4 billion, according to New York State Comptroller Thomas P. DiNapoli. DiNapoli: Tax Collections Slightly Above Projections Tax collections increased $2.7 billion, or 7.6 percent, to $38.6 billion through Oct. 31 compared to the same period last year, but total receipts were $133.6 million below the Division of the Budget’s most recent projections, according to the October cash reportreleased Friday by New York State Comptroller Thomas P. DiNapoli. |
Summaries of, and commentaries on, selected court and administrative decisions and related matters affecting public employers and employees in New York State in particular and possibly in other jurisdictions in general.