Saturday, January 11, 2025

State Comptroller Thomas P. DiNapoli's Weekly News - 2024 Year in Review

 

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2024 Was a Year of Challenges,
Opportunities, and Progress. 

New York State Comptroller Thomas P. DiNapoli holding a microphone and smiling.

My office worked to make government more fiscally responsible, accountable, transparent and efficient. We identified fraud, fought public corruption, examined the operations of the state and its local governments, reported on some of our most critical challenges, and returned $550 million in unclaimed funds. The state pension fund ended the year strong and continues to be one of the best-funded public pension funds in the country.

I am proud of our accomplishments from last year and the hard work of our staff, and I hope you take some time to read our “2024 Year in Review." I am grateful for the opportunity to serve you and the great state of New York, and look forward to continuing our efforts in 2025.

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Comptroller DiNapoli Reports on the Critical Role of Nonprofits in New York 

Comptroller DiNapoli released a report that showed nonprofit organizations in 2022 provided 1.3 million jobs to New Yorkers, just over 1 in 6 private sector jobs in the state. While the number of nonprofits increased nationally between 2017-2022, they declined in New York and the number of jobs also fell by 4.1%.

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Owner of Medical Transport Company Pleads Guilty to Medicaid Fraud

Comptroller DiNapoli, Schenectady County District Attorney Robert M. Carney, and Schenectady County Sheriff Dominic Dagostino announced the guilty plea of the owner of Sublime Medical Transportation, for stealing over $700,000 from the state’s Medicaid program. He inflated Medicaid bills by falsely claiming that group rides were separate, individual rides in order to unlawfully receive mileage payments for each individual in the group.

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Comptroller DiNapoli's Statement on 2025 State of the City Address

Comptroller DiNapoli released a statement on New York City Mayor Eric Adams' 2025 State of the City address: 

“New York City is in a better financial position than a year ago, enabling the initiatives proposed today to make the city more affordable for working-class New Yorkers,” DiNapoli said. “The new proposals must be carefully managed and monitored to ensure they benefit the New Yorkers they are meant to serve and be sustainably funded and efficiently delivered. The city should also leverage improving finances to increase its rainy-day reserves to protect essential services because economic and fiscal uncertainty loom and having a substantial rainy-day fund will help the city weather any future storms. We’ll be monitoring the proposals closely as the Mayor presents his budget, and we’ll issue an analysis.”

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Comptroller DiNapoli Urges New Yorkers To Spend Holiday Gift Cards

Comptroller DiNapoli is urging New Yorkers to keep track of gift cards received during the holidays. When gift cards aren’t used for five years, their balances may be turned over by retailers to the Comptroller’s Office of Unclaimed Funds. In 2024, the office recovered over $21 million from gift cards, more than three times the amount received in 2014 ($5.8 million). New Yorkers are encouraged to spend holiday gift cards early this new year and remember to check for unclaimed funds.

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Rochester Woman Pleads Guilty to Stealing $121,000 in Pension Checks Sent to Late Grandmother

A Rochester woman pleaded guilty to stealing more than $121,000 in state pension checks that were sent to her deceased grandmother, Comptroller DiNapoli, Monroe County District Attorney Sandra Doorley, and Monroe County Sheriff Todd K. Baxter announced. The defendant was arrested in June.

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