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New York’s Balance of Payments in the Federal Budget: Federal Fiscal Year 2020
… forecast that the deficit will decrease in 2022 through 2024 but start to increase again in 2025, averaging $1.2 … net interest on the federal government debt, spending for international affairs and overseas procurement (military- and … primarily interest paid on the federal debt, spending for international procurement and other overseas activity, …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-federal-fiscal-year-2020New York State Comptroller DiNapoli Statement in Response to Majority Support at Exxon Annual Meeting
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, released the following statement today in response to a …
https://www.osc.ny.gov/press/releases/2017/05/new-york-state-comptroller-dinapoli-statement-response-majority-support-exxon-annual-meetingDiNapoli: MTA Budget Gaps Return
… budget gaps could again be on the horizon. This is a very real and troubling possibility.” The MTA’s recovery from the … on riders returning systemwide and the MTA’s best option for achieving that is increased safety, reliability, and … Plan to its July Plan is the projected collection of real estate-related taxes, which are expected to be $790 million …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-returnGermantown Central School District – Financial Management (2013M-230)
… of Audit The purpose of our audit was to evaluate the District’s financial management for the period July 1, 2011 through May 3, 2013. Background The Germantown Central School District is located in Columbia County. The District …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/17/germantown-central-school-district-financial-management-2013m-230New York State Health Insurance Program – Payments by Empire BlueCross for Hospital Services for Ineligible Members
… million active and retired State, local government, and school district employees, and their dependents. NYSHIP’s primary … Service maintains the New York Benefits Eligibility and Accounting System (NYBEAS) as the system of record for member …
https://www.osc.ny.gov/state-agencies/audits/2020/08/18/new-york-state-health-insurance-program-payments-empire-bluecross-hospital-servicesState Contract and Payment Actions in February
… Office of the State Comptroller approved 2,012 contracts for state agencies and public authorities valued at $7.2 billion and approved … Education Department $647.5 million in general aid to 242 school districts. Empire State Development Corporation $4.8 …
https://www.osc.ny.gov/press/releases/2023/03/state-contract-and-payment-actions-februaryVillage of Clinton – Financial Management (2014M-316)
… if the Board provided adequate oversight of the Village’s financial operations and the Clerk-Treasurer’s office for the … such as increased oversight. … Village of Clinton Financial Management 2014M316 …
https://www.osc.ny.gov/local-government/audits/village/2015/01/02/village-clinton-financial-management-2014m-316State Contract and Payment Actions in March
… In March, the Office of the State Comptroller approved 1,696 … to replace doors and hardware at the Greater Binghamton Health Center in Broome County. $1.5 million with Green … to Beacon Health Options Inc. for benefit services for the Mental Health & Substance Abuse Program for the NYS Empire …
https://www.osc.ny.gov/press/releases/2021/04/state-contract-and-payment-actions-marchDiNapoli: Audit Reveals Questionable Financial Decisions, Lack of Transparency in Hempstead School District
… released an audit today of the Hempstead Union Free School District that uncovered a myriad of systemic problems, … sound fiscal and administrative practices and a disregard for the interests of taxpayers,” said DiNapoli. “Instead of …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-audit-reveals-questionable-financial-decisions-lack-transparency-hempstead-school-districtSelected Aspects of Inspecting and Licensing Radioactive Materials and Radiation Equipment
… determine whether the New York City Department of Health and Mental Hygiene (DoHMH) ensured that facilities using or … licensed and inspected; facilities with radiation equipment were registered and inspected; facilities complied … 2017. Background Radioactive materials are commonly used for a variety of purposes in medicine and other industries. …
https://www.osc.ny.gov/state-agencies/audits/2018/08/21/selected-aspects-inspecting-and-licensing-radioactive-materials-and-radiation-equipmentWhat is the Real Property Tax Cap?
… stay within the Tax Cap. Local government boards must pass a local law or resolution by at least a 60 percent vote to override the Tax Cap. Voters in school districts can override the cap with a 60% vote. The Office of the New York State Comptroller has …
https://www.osc.ny.gov/local-government/property-tax-cap/what-real-property-tax-capNY State Comptroller DiNapoli Statement on Pew Charitable Trusts Ranking State Pension Fund One of Top in Nation
… million members, retirees and their families rely on us for their financial security in retirement, and we're making … portfolio of public and private equities, fixed income, real estate and alternative instruments. … The financial health of …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-statement-pew-charitable-trusts-ranking-state-pension-fund-one-topAccidental Death Benefit – En-Con Police Officers Plan
… not due to your own willful negligence, an accidental death benefit may be payable on your behalf. The Benefit The accidental death benefit is a lifetime pension if paid to a surviving … Compensation benefit paid or payable because of your death). Any accumulated contributions will be refunded to …
https://www.osc.ny.gov/retirement/publications/1822/accidental-death-benefitState Comptroller DiNapoli Releases Municipal Audits
… Bolton , McLean Fire Department , South Farmingdale Fire District , Westchester County Department of Social Services … Services (Livingston County) Auditors identified improper accounting practices and related recording and reporting … of Yonkers – Budget Review (Westchester County) If the school district's request to use fund balance is not approved …
https://www.osc.ny.gov/press/releases/2018/05/state-comptroller-dinapoli-releases-municipal-audits-1Central Islip Union Free School District – Financial Management (2013M-380)
… was to assess the Board’s oversight and management of the District’s budgets and financial condition for the period July 1, 2012 through June 30, 2013. Background The Central Islip Union Free School District is located in Suffolk County. The District is …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/21/central-islip-union-free-school-district-financial-management-2013m-380The 80/20 Housing Program (Follow-Up)
… the extent of implementation of the recommendation in our initial audit report, The 80/20 Housing Program ( … real estate tax abatements, as incentives to developers. In New York City, participating Program developers receive … for a sample of 43 low-income tenants found that, in most cases, the developments used "reasonable judgment" in …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/8020-housing-program-followCampbell-Savona Central School District – Budget Review (B2-16-6)
… real property taxes by using fund balance and reserve funds to finance operations as appropriate. Review all …
https://www.osc.ny.gov/local-government/audits/school-district/2016/04/13/campbell-savona-central-school-district-budget-review-b2-16-6Theresa Fire District – Board Oversight and Financial Management (2021M-60)
… reports with the Office of the State Comptroller (OSC) in a timely manner. The 2017 through 2019 annual reports were … on historic trends. The District ended 2019 with $345,000 in surplus fund balance – enough to fund nearly two years’ of …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/06/18/theresa-fire-district-board-oversight-and-financial-management-2021m-60Opinion 96-2
… LIBRARIES -- Taxes (authority of village to charge library district with proportionate share of tax refund) IMPROVEMENT … library district with proportionate share of tax refund) REAL PROPERTY TAXES AND ASSESSMENTS -- Refunds and … the special act in question (L 1991, ch 658) provides for the creation of a "public library district" which is …
https://www.osc.ny.gov/legal-opinions/opinion-96-2DiNapoli Announces Unprecedented Support for Climate Actions During 2021 Proxy Season
… The New York State Common Retirement Fund reached agreements with all seven portfolio …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-season