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Town of New Berlin – Ambulance Company Loan (2013M-22)
… (HUD) that program income held in certain Revolving Loan Funds continue to be subject to Federal HUD requirements … Loan Fund. Because the propriety of the use of these funds is governed by Federal, not State law, we are referring …
https://www.osc.ny.gov/local-government/audits/town/2013/06/07/town-new-berlin-ambulance-company-loan-2013m-22Controls Over Cash Advance Accounts
… a small business, are commingled with advance account funds prior to transfer to the State Treasury. In addition, … amount to more closely match usage. Return excess funds to State Treasury. … To determine whether the Office of …
https://www.osc.ny.gov/state-agencies/audits/2014/04/15/controls-over-cash-advance-accountsState Comptroller DiNapoli Statement on New York City Preliminary Budget
… projected in November. The city intends to transfer those funds in FY 2024 to prepay a portion of next year’s expenses. … New York City had a chance to set aside additional funds in reserves, but missed the opportunity to do so in its …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-statement-new-york-city-preliminary-budgetTown of Catskill – Internal Controls Over Selected Financial Operations (2014M-165)
… Receiver had accumulated approximately $66,000 in taxpayer funds by the end of our audit period as a result of duplicate … records of all departments that receive and disburse Town funds. Develop and adopt a comprehensive multiyear financial …
https://www.osc.ny.gov/local-government/audits/town/2014/10/03/town-catskill-internal-controls-over-selected-financial-operations-2014m-165Gowanda Central School District – Financial Management (2024M-104)
… to finance operations as a means to accumulate surplus funds in excess of the legal limit is in effect a reservation … reserves by nearly $1.9 million and did not use funds held in six reserves with balances totaling $10 …
https://www.osc.ny.gov/local-government/audits/school-district/2024/12/13/gowanda-central-school-district-financial-management-2024m-104Comptroller DiNapoli Releases School Audits
… approximately $60 billion in federal, state and local funds. For additional background or a comment on a specific … expenditures that could have been paid for with reserve funds. Had district officials retained the same tax levy each … Moreover, district officials did not use debt service funds to make payments on long-term debt. With the inclusion …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-releases-school-audits-1Comptroller DiNapoli & A.G. Schneiderman Announce Sentencing of Former Halfmoon Town Supervisor For Stealing Campaign Funds
… makes it clear that if a public official misuses campaign funds, they will face consequences, including time in jail,” … Law. Wormuth also agreed to contribute any remaining funds of that campaign committee to a charity that is …
https://www.osc.ny.gov/press/releases/2015/12/comptroller-dinapoli-ag-schneiderman-announce-sentencing-former-halfmoon-town-supervisor-stealingDiNapoli: Pleasant Valley Woman Arrested Stealing Funds From New York State and Local Retirement System
New York State Comptroller Thomas P DiNapoli and the New York State Police announced the arrest of Bonnie S Robertson 63 of Pleasant Valley in the alleged theft of nearly $42000 of her deceased mothers pension payments
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-pleasant-valley-woman-arrested-stealing-funds-new-york-state-and-local-retirement-systemDiNapoli: Food Giant ConAgra Agrees to State Pension Fund's Proposal to Buy Sustainable Palm Oil
New York State Comptroller Thomas P DiNapoli today announced that ConAgra Foods Inc one of the largest food manufacturers in the US has committed to using only sustainablysourced palm oil that is grown and harvested in ways that do not contribute to rainforest destruction
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-food-giant-conagra-agrees-state-pension-funds-proposal-buy-sustainable-palm-oilDiNapoli: Ontario County Resident Pleads Guilty to Stealing Funds From New York State Retirement System
New York State Comptroller Thomas P DiNapoli and Ontario County District Attorney James Ritts announced today that Becky Smith Shaver pleaded guilty to grand larceny for stealing over $2000 in pension payments from the New York State and Local Retirement System NYSLRS
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-ontario-county-resident-pleads-guilty-stealing-funds-new-york-state-retirement-systemDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
New sources of recurring revenue in the states final budget and other aid including expected revenue from congestion pricing give the Metropolitan Transportation Authority an opportunity to ease the pressure that growing debt places on its operations and stabilize its future finances
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
New York State Comptroller Thomas P DiNapoli today announced that the former treasurer of the Morley Volunteer Fire Co Cindi Perkins was yesterday ordered to pay $50000 in restitution and sentenced to serve five years of probation for stealing from the fire company
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsDiNapoli: Special Education Providers Shortchanging Special Needs Children
… audits that identified more than $6.7 million in public funds that special education providers misspent or misused, … and the recovery of more than $5 million in stolen public funds. In 2014, the Comptroller finished 19 audits of … and gifts for staff which are prohibited uses of public funds. In Brooklyn, DiNapoli identified $800,000 in …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-special-education-providers-shortchanging-special-needs-childrenDiNapoli Releases Executive Budget Report
… Budget. The Executive Budget proposes $227 billion in All Funds spending in SFY 2023-24, an increase of $5.4 billion, … in the nation. Structural Balance and Use of Federal Funds State budgets often include provisions that cause … the pandemic. The Financial Plan continues to assume these funds will be used through SFY 2024-25, including $2.25 …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-releases-executive-budget-reportNY State Comptroller DiNapoli Calls on Corporate America To Address Lack of Diversity, Equity & Inclusion
New York State Comptroller Thomas P DiNapoli today announced that the New York State Common Retirement Fund Fund has launched a multifaceted initiative to hold publiclytraded corporations and their top executives accountable for their diversity equity and inclusion policies and practices
https://www.osc.ny.gov/press/releases/2021/02/ny-state-comptroller-dinapoli-calls-corporate-america-address-lack-diversity-equity-inclusionNY ABLE Program Helps New Yorkers With Disabilities and Their Families Cover Costs
… with a secure and practical way to save and invest funds without jeopardizing their eligibility for many … from NY ABLE accounts are tax free provided the funds are used for qualified disability expenses.** These … and housing, among other expenses. Users can access funds in several ways, including an optional checking account …
https://www.osc.ny.gov/press/releases/2017/10/ny-able-program-helps-new-yorkers-disabilities-and-their-families-cover-costsVII.10.D Cash Advance Payment Types – VII. State Revenues and Appropriated Loan Receivables
… advance account is used to provide employees with enough funds to cover their immediate travel costs which they would … advance account is issued by agencies to provide funds to investigators working on confidential assignments, … the date and the total amount disbursed. Control of Change Funds or Cash Boxes The business office should keep a record …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10d-cash-advance-payment-typesNondiscretionary Spending and Budgetary Management
Nondiscretionary spending as a share of total funds spending has declined from a peak of 43 percent in FY 2014 to 38 percent as of FY 2022.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-8-2024.pdfProgress Report on Climate Action Plan - July 2023
The Climate Action Plan Progress Report for the New York State Common Retirement Fund highlights the Fund’s recent efforts to address climate risks and opportunities.
https://www.osc.ny.gov/files/reports/special-topics/pdf/progress-report-climate-action-plan-2023.pdfProgress Report on Climate Action Plan - April 2021
The Climate Action Plan Progress Report for the New York State Common Retirement Fund highlights the Fund’s recent efforts to address climate risks and opportunities.
https://www.osc.ny.gov/files/reports/special-topics/pdf/progress-report-climate-action.pdf