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DiNapoli: Wall St. on Track for Higher Profits

The securities industry earned profits of $93 billion in the first half of 2016 which puts it on course for higher profits than last year and could end three years of consecutive declines according to a report released today by New York State Comptroller Thomas P DiNapoli

NYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017

… year and the average bonus paid to industry employees in New York City jumped 17 percent to reach $184,220 according to an estimate released today by New York State Comptroller Thomas P. DiNapoli. "When Wall Street does …

DiNapoli: State Faces Potential Budget Gaps

… in the SFY 2016-17 Executive Budget Financial Plan.   School aid is projected to increase 4.8 percent this fiscal …

Medicaid Program – Inappropriate Premium Payments for Recipients No Longer Enrolled in Mainstream Managed Care and Family Health Plus

… premium payments to Medicaid mainstream managed care plans and Family Health Plus managed care plans (Plans) for recipients who were no longer … receive monthly premium payments for individuals enrolled in their plans. In return, managed care plans arrange for the …

State Comptroller DiNapoli Releases Municipal & School Audits

… New York State Comptroller Thomas P. DiNapoli today announced the … Services (BOCES) – Capital Assets   BOCES’ capital asset records were not complete or accurate to ensure that assets …

State Comptroller DiNapoli Releases Municipal & School Audits

… New York State Comptroller Thomas P. DiNapoli today announced the … not certified. Officials also accepted incomplete time records for processing payroll and none of the 67 timecards …

DiNapoli: Temporary Federal Spending Drives Up NY’s National Ranking in States’ Balance of Payments

… response to the COVID-19 pandemic significantly improved New York’s per capita ranking in the federal balance of payments … Fiscal Year (FFY) 2021, according to a report released by State Comptroller Thomas P. DiNapoli. For every dollar New …

State Agencies Bulletin No. 1945.1

… is to notify agencies of several process changes to Workers’ Compensation Leave in PayServ, including entering … benefits during this time.  All teachers with a Comp Rate Code of CAL or21P, must be removed from Workers’ … leave rows. Agencies must enter the WCR with a sequence number of 9 and include the following information in all Data …

State Comptroller DiNapoli Releases Municipal & School Audits

… did not effectively manage fund balance. From 2020 through 2022, restricted fund balance declined by $676,641 (66%). As of Dec. 31, 2022, unrestricted fund balance was $34,092, which was less … underestimated revenues by $215,772 (8%) for 2020 through 2022. The district also did not have a written multiyear …

Opinion 92-42

… Article VIII, §1 of the State Constitution, inter alia , prohibits municipalities from making gifts or loans of …

DiNapoli: Report Warns of Growing State Debt

… debt is projected to reach $63.7 billion at the end of the current fiscal year and to increase over the following … once again called for reforms to New York's use of debt, including voter approval of borrowing and better capital planning for infrastructure …

State Agencies Bulletin No. 171

… The provisions of lodging to an employee because he or she is required to be on duty at all times. The provisions of … have been required to accept the lodging at the time he or she was hired. In determining if this condition was met, … that if the employee did not accept the lodging, he or she would not have been employed. The agency must be able to …

State Comptroller DiNapoli, Steuben County District Attorney Baker and the New York State Police Announce Arrest of Former Village of Addison Official for Theft of More Than $1.1 Million

… the Village of Addison in Steuben County has been arrested for allegedly stealing more than $1.1 million in village … Baker, and the New York State Police announced today. “For well over a decade, Ursula Stone took advantage of her … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …

State Agencies Bulletin No. 2164

… in this bulletin. As part of OSC’s annual uncashed payroll check outreach, any paychecks issued in 2022 that are … on the employee’s 2023 W-2 (Wage and Tax Statement). NYS payroll checks or direct deposits stopped or reversed with no … for AC-230 processing, agencies are reminded that payroll checks must not be held or returned to OSC if either …

DiNapoli: Former Long Island School Official Pleads Guilty in Kickback Scheme

… pleaded guilty on October 27, 2022 to the same offense and is awaiting sentencing. Today’s proceeding was held before …

IX.8.D Electronic Refund Payments to the U.S. HHS – IX. Federal Grants

DiNapoli: State Missing Out on Millions in Medicare Payments for Kidney Patients

… program could have saved as much as $146 million. Based on an analysis of potential savings, auditors estimate the … Medicaid recipients with ESRD and helps guide them on how to apply for and enroll in Medicare. In response to … diagnosis to apply for Medicare coverage and instruct them on how and where to apply; Develop an outreach program that …

Borrowing Against Your Contributions – State Police Plan

… to repay the loan and interest within five years. Loans are repaid through payroll deductions. You may borrow … period. Prior to retirement, and 30 days after issuance, loans are fully insured in case you die before repaying them. … loan balances must be at least 2 percent of your earnings. Loans are repaid through payroll deductions. You may borrow …

LinkNYC Program Revenues and Monitoring

… of the City of New York. Pursuant to the Agreement, each PCS that provides telephone service is deemed a PPT and is …

Investors Reach Settlement with Wynn Resorts

… future harm.” Comptroller DiNapoli and the New York City Retirement Systems and Pension Funds, as co-lead plaintiffs, … agreements. As of Oct. 31, 2019, New York State Common Retirement Fund held shares in Wynn Resorts with an estimated value of …