State Pension Fund Supports
LGBTQIA+ Equity & Inclusion Efforts
June is Pride Month, when millions of Americans honor and celebrate the LGBTQIA+ community. State Comptroller DiNapoli has worked to make his office one of fairness and inclusion and as trustee of the New York State Pension Fund, he has fought for LGBTQIA+ equity and inclusion. His recent actions include new requests to major corporations seeking information on how they support LGBTQIA+ employees in the workplace and shareholder proposals asking the same.
Local Sales Tax Collections Up 3.9% in May Compared to Last Year
Local sales tax collections in New York State increased by 3.9% in May compared to the same month in 2023, according to data released by State Comptroller DiNapoli. Overall, local collections totaled $1.78 billion, up $66.4 million from the same time last year.
State Agency Overtime Costs Decreased 11.6% in 2023, First Decline Since 2016
New York State agency overtime costs in 2023 were $1.2 billion, down 11.6% from 2022, marking the first decrease in total overtime earnings since 2016, according to a report by State Comptroller DiNapoli.
NYC IDA Needs To Improve Its Administration of Business Tax Breaks and Monitoring of Job Creation
The New York City Industrial Development Agency approved tax breaks and other incentives for businesses even though it lacked required financial information and financial feasibility analyses, according to a new audit from State Comptroller DiNapoli.
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