DiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
Newsday on Monday published an op-ed from New York State Comptroller Thomas P. DiNapoli and New York State Education Commissioner Betty A. Rosa, which highlighted how teaching students personal finance, budgeting, and investing would better equip them to make important financial decisions in the future that could impact their long-term financial success and quality of life.
In December, the Office of the State Comptroller approved 2,332 contracts for State agencies and public authorities valued at $75.6 billion and approved nearly 1.8 million payments worth more than $15.6 billion. The Office rejected 212 contracts and related transactions valued at $15.4 billion and nearly 1,800 payments valued at nearly $12.6 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at Open Book New York.
Local Sales Taxes Grew 4.2% to $23 Billion in 2023
Local government sales tax collections in New York State totaled $23 billion in calendar year 2023, up 4.2%, or $919 million, from 2022, largely influenced by growth in New York City sales taxes, according to a report released by State Comptroller DiNapoli.
State Comptroller DiNapoli, Chenango County District Attorney Michael Ferrarese, and the New York State Police announced the plea and sentence of Amy Becker, former Clerk for the Town of Lincoln, for stealing nearly $4,000 from the Town. The plea was the result of a joint investigation between Comptroller DiNapoli’s Office, the Chenango County District Attorney’s Office, and the New York State Police. As part of the plea agreement she paid full restitution in the amount of $3,869.
NY State Comptroller Announces Appointment of Emerging Managers Director
State Comptroller DiNapoli announced the appointment of Sylvester (Sly) McClearn as director of the New York State Common Retirement Fund’s Emerging Manager Program. He was appointed Interim Director of the Program in February 2023.
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