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DiNapoli Expands State Pension Fund's In-State Investment Program
… $50 million to the program, which, combined with funding from Hamilton Lane and participating banks, will deliver $200 … both equity and debt investments.” Hamilton Lane has a long-standing relationship with the state pension fund. The … under management and supervision*, Hamilton Lane offers a full range of investment products and services that enable …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-expands-state-pension-funds-state-investment-programDetermination of Residency for Tuition Purposes
… is the largest comprehensive system of public education in the nation, comprising 64 institutions (four of which are … State support totaling $3.6 billion and over $1.6 billion in tuition and fees. Approximately 50% of undergraduate … was a policy that applied to graduate students. In many cases, the campuses relied solely on the residency status …
https://www.osc.ny.gov/state-agencies/audits/2022/05/26/determination-residency-tuition-purposesState Agencies Bulletin No. 1880
… SUNY 403(b) Plan 412 SUNY 403 Roth Education Department, School for the Blind, and School for the Deaf Employees who currently have the … codes 400, 403, and 413, and Education Department, School for the Blind and School for the Deaf employees with …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1880-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaNew York State Comptroller DiNapoli: Wall Street Bonuses and Profits Up Slightly in 2019, but Facing Sharp Fall in 2020
… The average bonus paid to employees in New York City’s securities industry increased by 3 percent … Thomas P. DiNapoli. “The securities industry had a good year in 2019, but the serious damage that COVID-19 is … industry workers increased by 3 percent to $29.3 billion during the traditional December-March bonus season. Bonuses …
https://www.osc.ny.gov/press/releases/2020/03/new-york-state-comptroller-dinapoli-wall-street-bonuses-and-profits-slightly-2019-facing-sharp-fallMitchell Lama Applicants Charged $200 for Virtually No Chance of Apartment in Their Lifetime
… waiting lists for Mitchell Lama apartments being very long and turnover very slow, some developments continued to … by the New York City Department of Housing Preservation and Development (HPD) combined with development managers’ … Find out how your government money is spent at Open Book New York . Track …
https://www.osc.ny.gov/press/releases/2019/12/mitchell-lama-applicants-charged-200-virtually-no-chance-apartment-their-lifetimeQuality Services for the Autism Community – Compliance With the Reimbursable Cost Manual
… canceled checks issued to vendors to support the cost and payment of the disallowed expenses. $510 in advertising …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/quality-services-autism-community-compliance-reimbursable-cost-manualDiNapoli & A.G. Schneiderman Announce Arrest of Upstate Woman for Theft of over $67K in NYS Pension Benefits, $19K Welfare Fraud
… D felony, and one count of Offering a False Instrument for Filing in the First Degree, a class E felony. Banack is … benefits issued by the New York State and Local Employees Retirement System to her deceased mother, Rosemary Banack, … of Social Services by concealing the pension income on her application and re-certifications of eligibility for Medicaid …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-ag-schneiderman-announce-arrest-upstate-woman-theft-over-67k-nys-pension-benefits-19kDiNapoli: Thruway Authority Needs Plan to Meet Future Costs
… estimates it saved an average of about $26 million in payroll and benefit expenses each year between 2010 and 2014 …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-thruway-authority-needs-plan-meet-future-costsState Comptroller DiNapoli Releases Municipal & School Audits
… transparently fund reserves or take appropriate action to address overfunded reserves. Thousand Islands Central … from productive use and may have missed opportunities to reduce the tax levy. The board and district officials … fiscal year-end surplus fund balance ranging from $2.4 to $3 million (10.3 to 12.8%) of the next year’s budget …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-school-audits-0Selected Aspects of the Minority- and Women-Owned Business Enterprises Program
… and public authorities must file a master goal plan or an update by January 15 of each year. Such plans must also … mandatory and required documents used to certify MWBEs or the files could not be located. A lack of mandatory … document the reasoning for any waiver of mandatory or required documents. Improve record-keeping and archiving …
https://www.osc.ny.gov/state-agencies/audits/2016/04/04/selected-aspects-minority-and-women-owned-business-enterprises-programDiNapoli: MTA Faces Growing Risks to Its Capital Funding
… money from better-than-anticipated tax and fare revenues or added savings from cost efficiencies, the MTA would eventually have to raise fares or tolls or cut service to cover such a gap, which would negatively …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-mta-faces-growing-risks-its-capital-fundingEnvironment, Energy and Agriculture – 2023 Financial Condition Report
… spending was $1.4 billion, an increase of $21.4 million, or 1.5 percent, over SFY 2021-22 spending. Revenues collected … totaled $1.6 billion. Of these revenues $1.4 billion, or 87.5 percent, were derived from assessments on electric and gas utilities, or from the proceeds of auctions conducted under the Regional …
https://www.osc.ny.gov/reports/finance/2023-fcr/environment-energy-and-agricultureEmployee Qualifications, Hiring, and Promotions (Follow-Up)
… of implementation of the 14 recommendations included in our initial audit report, Employee Qualifications, Hiring, … (MaBSTOA), a subsidiary of Transit, operates buses in upper Manhattan and the Bronx. MTA Bus Company, a subsidiary of the MTA, provides bus services in the Bronx, Brooklyn, and Queens. Staten Island Railway …
https://www.osc.ny.gov/state-agencies/audits/2022/09/26/employee-qualifications-hiring-and-promotions-followDiNapoli: Federal Funding Uncertainty Jeopardizes Impact of Inflation Reduction Act for New Yorkers
… A new report by State Comptroller Thomas P. DiNapoli details New York’s … funding will continue after a new executive order issued by President Trump. “The possible policy changes in … provide over $142 billion through federal programs managed by several U.S. agencies. New York state agencies and …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-federal-funding-uncertainty-jeopardizes-impact-inflation-reduction-act-new-yorkersDiNapoli: NYC’s Solid Housing Growth at Risk As Permits Fall
… state, but a drop in permits suggests slower growth may be on the horizon, according to a report released today by State … it is still not enough to meet demand,” DiNapoli said. “Key to the city’s success will be a close understanding of … that was likely a combination of rezoning, available land on the Harlem River and special districts, just above …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-nycs-solid-housing-growth-risk-permits-fallHousing Trust Fund Corporation – Internal Controls Over and Maximization of Federal Funding for Various Section 8 Housing Programs and the COVID Rent Relief Program (Follow-Up)
… Program HCR is the State’s affordable housing agency, with a mission to build, preserve, and protect affordable housing … (HTFC). Through HTFC, HCR receives federal funding from the U.S. Department of Housing and Urban Development … for tenants entering into new lease agreements. SDA was a temporary initiative started as a result of the COVID-19 …
https://www.osc.ny.gov/state-agencies/audits/2024/12/04/housing-trust-fund-corporation-internal-controls-over-and-maximization-federal-fundingJohnsburg Central School District - Extra-Classroom Activity Funds (2018M-150)
… agreed with our recommendations and have initiated, or indicated they planned to initiate, corrective action. … …
https://www.osc.ny.gov/local-government/audits/school-district/2019/02/01/johnsburg-central-school-district-extra-classroom-activity-funds-2018mWaterford Volunteer Fire Department – Cash Disbursements (2015M-78)
… disbursements process for the period June 1, 2013 through January 31, 2015. Background The Waterford Volunteer Fire … Key Recommendations There are no recommendations as a result of this audit. … Waterford Volunteer Fire Department …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2015/06/19/waterford-volunteer-fire-department-cash-disbursements-2015mReal Estate Advisory Committee
… reviews proposed mortgage and real estate investments. In the event the Real Estate Advisory Committee disapproves …
https://www.osc.ny.gov/common-retirement-fund/resources/real-estate-advisory-committeeNorth Queensbury Volunteer Fire Company – Controls Over Financial Activities (2014M-167)
… Purpose of Audit The purpose of our audit was to evaluate the oversight of the Company’s financial … Warren County. The Company contracts with the Town to provide fire protection services to the Town’s northern area and is governed by a seven member …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/09/05/north-queensbury-volunteer-fire-company-controls-over