WIBX 950 » thomas dinapoli

State Pension Fund At All Time High

Jim Rondenelli — Mon, 13 May 2013 16:47:13 +0000

The state pension fund is valued at an all time high.

That's the word from State Comptroller Thomas DiNapoli, who says the fund is valued at an estimated 160-point-four-billion-dollars, earning an estimated 10.38% rate of return on its investments for the fiscal year ending in March.

DiNapoli sa

Read More|Comment

NYS Comptroller: Adding Employees Could Reduce Overall Cost Of New York State Budget

Jeff Monaski — Wed, 01 May 2013 15:33:24 +0000

A recent audit of New York State finances shows overtime costs are on the rise.

Read More|Comment

Should State OT Be Monitored Better?

Kristine Bellino — Wed, 01 May 2013 00:19:34 +0000

Overtime paid to state employees cost taxpayers about $529 million last year.

Read More|Comment

State Overtime Costs On The Rise

Jim Rondenelli — Tue, 30 Apr 2013 16:49:05 +0000

State overtime costs are on the rise.

That's according to a report from Comptroller Thomas DiNapoli.

Read More|Comment

Local Governments Submit Property Tax Cap Reports

Jim Rondenelli — Wed, 17 Apr 2013 18:35:46 +0000

Over 2,400 counties, cities, towns and school districts across the state have filed their 2013 property tax cap reports.

State Comptroller Thomas DiNapoli says 18% of those entities plan to override the state's two-percent property tax cap this year

Read More|Comment

DiNapoli Stops $21.2 Million In Dubious Tax Refunds

Jim Rondenelli — Tue, 16 Apr 2013 16:19:35 +0000

Tax deadline day has come and gone and State Comptroller Thomas DiNapoli has stopped $21.2 million in questionable personal income tax refunds.

He says his office found more than 6,300 improper fili

Read More|Comment

Comptroller DiNapoli Releases Rome Audit

Jim Rondenelli — Thu, 07 Mar 2013 15:28:38 +0000

State Comptroller Thomas DiNapoli's Office has completed an audit of the City of Rome's internal controls over capital projects.

The audit found that while city officials had procedures to properly authorize capital projects, they did not adequately monitor financial activity or close completed projects in a timely manner

Read More|Comment

Bonadio Firm Responds To Query About Utica's Audit

Kristine Bellino — Thu, 28 Feb 2013 11:01:01 +0000

The Bonadio Firm is responding by officially not responding, not yet, at least.

Read More|Comment

Medicaid System Flaw Led to $7.8 Million In Overpayments

Jim Rondenelli — Thu, 14 Feb 2013 20:09:28 +0000

The state Department of Health's Medicaid program overpaid health care providers by $7.8 million over a six-month period because of flaws with its e-Med NY computer system.

That's according to an audit by Comptroller Thomas DiNapoli's office

Read More|Comment

Samantha Colosimo-Testa Discusses Utica Politics And The Budget In The Wake Of Visit From Comptroller Thomas DiNapoli [VIDEO]

Kristine Bellino — Wed, 30 Jan 2013 17:34:34 +0000

Samantha Colosimo-Testa spoke with WIBX about the budget crises facing Utica and the visit from New York State Comptroller Thomas DiNapoli.

Read More|Comment

WIBX First News Talks With New York State Comptroller Thomas DiNapoli [VIDEO]

Kristine Bellino — Tue, 29 Jan 2013 18:08:59 +0000

On WIBX's First News with Keeler in the Morning WIBX spoke with New York State Comptroller Thomas DiNapoli.

Read More|Comment

DiNapoli: Utica Facing Continued Fiscal Challenges

Jim Rondenelli — Tue, 29 Jan 2013 17:24:21 +0000

The state's top fiscal watchdog was in Utica to release a financial profile of the city.

Read More|Comment

Utica Common Councilwoman Discusses City's Fiscal Issues

Gino Geruntino — Tue, 29 Jan 2013 03:07:42 +0000

If the deficit numbers coming from the Common Council are correct, Utica may be forced to make more difficult budgetary decisions.

Read More|Comment

Should New Yorkers Set State Borrowing Limits?

Kristine Bellino — Tue, 08 Jan 2013 14:13:46 +0000

State Comptroller Thomas DiNapoli says that New York is approaching its legal borrowing limit. He says the state is carrying a heavy debt burden that will eventually have to be paid by taxpayers.

Read More|Comment

DiNapoli: Audit Shows $3,400 Improperly Diverted Between Two Snowmobile Clubs

Gino Geruntino — Wed, 02 Jan 2013 17:41:22 +0000

Herkimer, NY (WIBX) - The Herkimer County Snowmobile Association's Treasurer is in hot water after redirecting state funds from one snowmobile club to his own.

Read More|Comment

State Comptroller DiNapoli Releases Hamilton College Sewer District Audit

Gino Geruntino — Wed, 05 Dec 2012 19:38:07 +0000

Kirkland, NY (WIBX) - The State Comptroller's Office has released findings regarding a two-year study of the Hamilton College Sewer District's financial operations.

Read More|Comment

New York State Has Large Debt

Jim Rondenelli — Tue, 16 Oct 2012 15:38:38 +0000

Albany, NY (WIBX) - New York's state debt now comes out to about $3,200 dollars per resident.

Read More|Comment

DiNapoli Proposes New Early Warning System For NY Cities

Gino Geruntino — Mon, 24 Sep 2012 15:32:31 +0000

Albany, NY (WIBX) - State Comptroller Thomas DiNapoli is implementing a new early warning system to identify cities struggling financially.

Read More|Comment

NYS Seeks To Distribute Billions Of Unclaimed Money

WIBX — Tue, 31 Jul 2012 19:48:05 +0000

Utica, NY (WIBX) - New York has $12-billion in unclaimed money and state officials want to return it to its rightful owners.

Read More|Comment

State Leaders Set To Enjoy Feast

Kristine Bellino — Fri, 13 Jul 2012 14:33:29 +0000

Utica, NY (WIBX) - It is good news for those who think that state leaders only pay attention to bath salts in Utica...apparently they like our "feasts" too.

Read More|Comment