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Opinion 92-48
… bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- Mandatory Reserve Fund (need to establish); (use of … inter alia , to the establishment of mandatory reserve funds by municipal corporations, fire districts and school …
https://www.osc.ny.gov/legal-opinions/opinion-92-48What is a Defined Benefit Plan?
… minimum age and service requirements established by your retirement plan, you will receive a monthly pension payment for the rest of your life. How Defined Benefit Plans Work … Defined benefit plans provide important advantages for state and local government employers. For one, offering …
https://www.osc.ny.gov/retirement/members/defined-benefit-planState Comptroller DiNapoli Releases Audits
… and recipient performance to ensure recipients use funds as intended and achieve program goals. Auditors … claims totaling nearly $732 million from its four special funds in 2019 — the Uninsured Employers Fund, the Special …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-dinapoli-releases-auditsState Comptroller DiNapoli Releases School Audits
… detailing the appropriate and necessary levels for reserve funds and how they are to be monitored, analyzed and …
https://www.osc.ny.gov/press/releases/2017/01/state-comptroller-dinapoli-releases-school-auditsDiNapoli: Pre-K Special Education Schools Took $1.4 Million in Unallowed Expenses
… Aim High Children’s Services and the Hebrew Institute for the Deaf and Exceptional … access to the financial workings of government. … Aim High Childrens Services and the Hebrew Institute for the Deaf and …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-pre-k-special-education-schools-took-14-million-unallowed-expensesDiNapoli Reaffirms Commitment to DEI Initiatives
… Fund (Fund), today announced various initiatives to address diversity, equity, and inclusion (DEI) issues at … at diversity, equity, and inclusion are concerned with how their portfolio companies treat individuals and tackle … and problem-solving capabilities, and ultimately lead to improved shareholder value. Including people with …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-reaffirms-commitment-dei-initiativesDiNapoli: New York City's Budget Outlook Improves
… affordability and working families will require additional funds. While additional revenue and savings have helped the … this program was previously supported by expiring federal funds. The January Financial Plan also does not include …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: NYC's 2024 Budget Balanced, but Risks Loom
… on the city’s June 2023 financial plan released today by State Comptroller Thomas P. DiNapoli. “The city’s adopted … federal pandemic aid that have allowed the city to increase spending at a time when demand for services is on … The city expects its $5.1 billion budget shortfall in FY 2025 to reach $7.9 billion in FY 2027, with cumulative gaps …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-nycs-2024-budget-balanced-risks-loomImplications for the Future – 2022 Financial Condition Report
… revenues and resource levels available to support spending for State programs. The Importance of Federal Funding Federal … aid has long played an essential role in the State’s budget and its ability to provide health care, education, … tax receipts fell sharply, and the Division of the Budget (DOB) projected that tax revenues would not again …
https://www.osc.ny.gov/reports/finance/2022-fcr/implications-futureState Comptroller DiNapoli Releases Audits
… New York State Comptroller Thomas P. DiNapoli announced today the … Programs and the COVID Rent Relief Program (Follow-Up) (2024-F-21) Homes and Community Renewal (HCR) receives …
https://www.osc.ny.gov/press/releases/2024/12/state-comptroller-dinapoli-releases-auditsEnacted Budget Report State Fiscal Year 2024-25
Based upon the most recent Financial Plan released in conjunction with 30-Day Amendments to the Executive Budget, as well as public estimates for revenue actions included in the Enacted Budget, All Funds revenue for SFY 2024-25 is projected to total $227.2 billion.
https://www.osc.ny.gov/files/reports/budget/pdf/enacted-budget-report-2024-25.pdfEnacted Budget Report State Fiscal Year 2023-24
Based upon the most recent Financial Plan released in conjunction with 30-Day Amendments to the Executive Budget, as well as public estimates for revenue actions included in the Enacted Budget, All Funds revenue for SFY 2023-24 is projected to total $223.9 billion.
https://www.osc.ny.gov/files/reports/budget/pdf/enacted-budget-report-2023-24.pdfPhysical and Financial Conditions at Selected Mitchell-Lama Developments (2023-N-2)
To determine whether Mitchell-Lama developments supervised by the New York City Department of Housing Preservation and Development are being maintained in a manner that protects the health and safety of residents, and whether funds at these developments are being used for intended purposes.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-23n2.pdfPhysical and Financial Conditions at Selected Mitchell-Lama Developments (2023-N-2) 180-Day Response
To determine whether Mitchell-Lama developments supervised by the New York City Department of Housing Preservation and Development are being maintained in a manner that protects the health and safety of residents, and whether funds at these developments are being used for intended purposes.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-23n2-response.pdfComptroller DiNapoli Releases School Audits
… School and South Colonie Central School District . “In an era of limited resources and increased accountability, … claims processing function that ensure claims are audited in a timely manner and are properly supported. However, the … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/01/comptroller-dinapoli-releases-school-auditsComptroller DiNapoli Releases Municipal Audits
… center director did not record all receipts or remit funds in a timely manner. Finally, $552,449 in purchases of …
https://www.osc.ny.gov/press/releases/2014/10/comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases Municipal Audits
… fees were minimized. Had the supervisor invested available funds in a financial institution with higher available …
https://www.osc.ny.gov/press/releases/2019/09/comptroller-dinapoli-releases-municipal-auditsDiNapoli: Farms Generated $5.7 Billion for New York Economy
… land, farmland protection initiatives, capital investment funds for new farmers, and financial incentives for schools …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-farms-generated-57-billion-new-york-economyComptroller DiNapoli Releases Municipal Audits
… – Financial Management (2019M-94) The water and sewer funds maintained excessive unrestricted fund balance levels, …
https://www.osc.ny.gov/press/releases/2019/08/comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Clerk Pocketed Thousands in Fines
… that Court records had been altered to hide the missing funds. Dillon, an employee at the Justice Court since August …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-clerk-pocketed-thousands-fines