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March 26, 2016

Selected reports issued by the Office of the State Comptroller during the week ending March 26, 2016


Selected reports issued by the Office of the State Comptroller during the week ending March 26, 2016
Click on text highlighted in color to access the entire report 

Municipal Audits released:

Town of Hempstead Sanitary District No. 1 - Selected Financial Activities 

Niagara Falls Water Board – Financial Management 

City of Olean – Procedures Related to Obligations to Fund Operating Deficits 


School Audits released: 

Burnt Hills-Ballston Lake Central School District – Leave accruals and separation payments 

Ellenville Central School District – Financal Condition 


Mount Pleasant-Blythedale Union Free School District – Short-Term Borrowing and Purchasing 



Mobil must include Climate Change Resolution in Shareholder Vote
Comptroller Thomas P. DiNapoli, as Trustee of New York State Common Retirement Fund, and the Church of England co-filed a shareholder proposal at ExxonMobil in December, asking the company to assess how the worldwide effort to rein in global warming would impact its business. In response, ExxonMobil sought clearance from the Securities and Exchange Commission (SEC) to block DiNapoli’s proposal from a shareholders’ vote at its annual meeting. Wednesday, the SEC rejected that request.


Agreements reached on Corporate Political Spending
New York State Comptroller Thomas P. DiNapoli announced that five Fortune 500 companies – Coca-Cola Enterprises, Raytheon, Waste Management, Union Pacific and Centerpoint Energy – have agreed to the New York State Common Retirement Fund’s request that they publicly report all direct and indirect corporate political spending.


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