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November 09, 2013

Selected reports and information published by New York State's Comptroller Thomas P. DiNapoli during the week ending November 9, 2013


Selected reports and information published by New York State's Comptroller Thomas P. DiNapoli during the week ending November 9, 2013
Click on text highlighted in color  to access the full report

Comptroller DiNapoli noted that onMonday, November 11, we will celebrate Veterans Day across the country, remembering and honoring the individuals of all ages and backgrounds who have served in the United States armed forces since our nation was born. November 11th marks the end of World War I, then known as the Great War, in 1918, a conflict intended to make the world safe for democracy in which some 4 million Americans served, 200,000 were wounded and 100,000 gave their lives. After World War II, Armistice Day was renamed Veterans Day and reconceived as a day to celebrate the dedication, patriotism and fighting spirit of all U.S. military veterans.

At local parades and other gatherings, and in our homes, Veterans Day is an opportunity for us to come together to thank the men and women who have served for their sacrifice and bravery, and to reflect upon the principles they upheld in defending the United States of America.

Comptroller DiNapoli & A.G. Schneiderman Announce Arrests of Former Monroe County Public Officials and Business Executives in Elaborate Bid–Rigging Scheme

On November 6, 2013 Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced the indictment of four individuals for an elaborate scheme to rig the bidding process for several multimillion–dollar contracts. Nelson Rivera and Robert Wiesner, both former Monroe County public officials, along with John Maggio and Daniel Lynch, two local business executives, have been charged with a total of 43 felony counts, including Money Laundering, Conspiracy, Falsifying Business Records, Offering a False Instrument for Filing, and Combination in Restraint of Trade and Competition.


DiNapoli: Immigrants Continue to Play Key Role in New York City Economy

Immigrants in New York City accounted for $210 billion in economic activity in 2011, or about 31 percent of New York City’s gross city product, according to a reportreleased Thursday by New York State Comptroller Thomas P. DiNapoli. While immigrants were hit hard by the recession, their wages rebounded strongly and exceeded pre–recession levels two years later.


DiNapoli: Former Clerk Admits to Stealing Village Funds

The former clerk–treasurer in the Steuben County village of Riverside was arrested Friday and charged with stealing more than $40,000 in village funds, State Comptroller Thomas P. DiNapoli announced.


DiNapoli: $4 Million Availabile for Veterans to Expand Their Businesses

With Veterans Day coming, New York State Comptroller Thomas P. DiNapoli Wednesday spotlighted the availability of $4 million in competitive fixed–rate small business loans for military veterans through the New York Business Development Corp.


DiNapoli Announces $500 Million Investment in Opportunistic Portfolio Asset Class

New York State Comptroller Thomas P. DiNapoli announced on November  8, 2013 that the $160.7 billion New York State Common Retirement Fund has made the first investment in its opportunistic asset class with a $500 million separate account commitment to Blackstone Tactical Opportunities Fund.


DiNapoli Releases Quick Start State Budget Analysis for 2014–15

State Comptroller Thomas P. DiNapoli projects the state’s tax revenues will grow by 2.5 percent to $90.1 billion in state fiscal year 2014–15, according to the Comptroller's annual Quick Start reportreleased Tuesday in accordance with the Budget Reform Act of 2007.


DiNapoli’s Office to Audit SUNY Upstate Medical University’s Contracts with MedBest

New York State Comptroller Thomas P. DiNapoli announced Friday that his office has scheduled an audit of the State University of New York Upstate Medical University’s contracts with MedBest Medical Management Inc.


Comptroller DiNapoli Releases Municipal Audits

New York State Comptroller Thomas P. DiNapoli Wednesday announced his office completed audits of::




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