Selected reports and information published by New York State's Comptroller Thomas P. DiNapoli

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Selected reports and information published by NewYork State's Comptroller Thomas P. DiNapoliIssued during the week February 17, 2013   [Click on the caption to access the fullreport]
DiNapoli Announces $250 Million Private EquityCo–Investment Allocation for Emerging Manager Program

Comptroller Thomas P. DiNapoli announced Friday that the New York State CommonRetirement Fund (Fund) has allocated $250 million to Farol Investment Advisersfor private equity co–investments with the Fund’s emerging managers program.The announcement came as DiNapoli hosted the sixth annual emerging managerconference in Albany, New York.

Comptroller DiNapoli and A.G. SchneidermanAnnounce Felony Plea of Former Senator Shirley Huntley

Comptroller Thomas P. DiNapoli and Attorney General Eric T. SchneidermanWednesday announced that former New York Senator Shirley L. Huntley has pleadedguilty to Tampering with Physical Evidence, an E Felony, for falsifyingevidence in an effort to obstruct the investigation into the theft of a grantshe sponsored for a sham non–profit entity, the Parent Workshop.

DiNapoli: Medicaid System Flaws Led to $7.8Million in Overpayments

The Department of Health’s Medicaid program overpaid health care providers by$7.8 million over a six month period because of flaws with its eMedNY computersystem, according to a reportreleased Thursday by New York State Comptroller Thomas P. DiNapoli. Auditorsfrom the Comptroller’s Office recouped about $7.5 million of the overpaymentsand took steps to prevent future payment errors.

DiNapoli: Millions Sat Idle in MTA BankAccounts

The Metropolitan Transportation Authority (MTA) held over $90 million in fundsand bank accounts that could have been used to meet its budgeted costs,according to an auditreleased Wednesday by New York State Comptroller Thomas P. DiNapoli. Auditorsfound the MTA did a poor job managing its cash–on–hand, had excess bankaccounts and no set targets for short–term investing of billions of dollars.

DiNapoli: Executive Budget Continues SpendingRestraint in the Face of a Challenging Economy

The 2013–14 Executive Budget continues the state’s effort to move towardlong–term structural balance and reduces projected out–year budget gaps whileaddressing infrastructure needs, including the recovery from Hurricane Sandy,according to a reportreleased Wednesday by State Comptroller Thomas P. DiNapoli.

DiNapoli: Growth of Local Sales TaxCollections Slows

Local sales tax collections in New York grew by $450 million in 2012, anincrease of only 3.3 percent from 2011, according to a reportissued Thursday by State Comptroller Thomas P. DiNapoli. New York City had aslightly better growth rate of 3.5 percent.

Comptroller DiNapoli Releases School Audits

New York State Comptroller Thomas P. DiNapoli Thursday announced his officecompleted the following audits:
the CortlandEnlarged Central School District; and,
the PawlingCentral School District.

Comptroller DiNapoli Releases Municipal Audits

New York State Comptroller Thomas P. DiNapoli Thursday announced his officecompleted the following audits:
the Villageof Huntington Bay;
the Townof Long Lake;
the Villageof Munnsville; and,
the Cityof North Tonawanda.