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Comptroller DiNapoli and AG Schneiderman Announce Fourth and Final Guilty Plea in Monroe Co. Bid-Rigging Case
… Business Law §§ 340 and 341, also known as New York State’s Donnelly Act. Based on what was stated on the record in today’s court … and the New York State Attorney General to root out waste and abuse in state government. To date, the …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-and-ag-schneiderman-announce-fourth-and-final-guilty-plea-monroe-co-bid-riggingDiNapoli Releases Municipal Audits
… the amount owed to the village for real property taxes, or the village’s overall fiscal health. Auditors found that real property tax or utility payments and/or penalties totaling more than $40,000 were not collected, …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-releases-municipal-audits-0DiNapoli Audit: Next In Line For Mitchell-Lama Apartments Were Skipped
… Cadman Towers, a 421-unit co-op in Brooklyn; Trinity House, a 199-unit rental building on Manhattan’s Upper West … required. In one instance, the managing agent at Trinity House added the name of a resident’s caregiver to the lease …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-audit-next-line-mitchell-lama-apartments-were-skippedDiNapoli: City of Troy's Finances in Precarious Position
… city’s water fund has decreased by more than $6.1 million, or 67 percent, over the last three fiscal years because … not sufficient to repay the amounts owed to the general or water funds at the end of the last three fiscal years; … city council has not developed a multiyear financial plan or comprehensive capital plan. DiNapoli made a series of …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-city-troys-finances-precarious-positionNew York State Comptroller DiNapoli: Wall Street Profits Rose in 2018, But Bonuses Fell
… located outside of New York City (whether in domestic or international locations) are not included. The … cashed in. The estimate does not include stock options or other forms of deferred compensation for which taxes have … that nearly 1 in 11 jobs in the city are either directly or indirectly associated with the securities industry. …
https://www.osc.ny.gov/press/releases/2019/03/new-york-state-comptroller-dinapoli-wall-street-profits-rose-2018-bonuses-fellState Agencies Bulletin No. 1130
… not all agencies have completed their Cost Center Mappings or finalized their chart field assignments in SFS. As a … for the FDR1. The results of FDR1 will be available in SFS or on the agencies M161 file during the agency soft go live … in SFS. Bulk load Agencies can review the M161 file or load the M161 files to their own systems as they would in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1130-payroll-processing-during-sfs-full-dress-rehearsalDiNapoli: NYC's 2024 Budget Balanced, but Risks Loom
… Cautious Revenue Outlook The FY 2023 surplus resulted from tax revenues that were more than $5 billion above budget … $13.4 billion in FY 2026, and $16.2 billion in FY 2027. Tax revenue would have to grow at a rate of 4.75% per year to …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-nycs-2024-budget-balanced-risks-loomImplications for the Future – 2022 Financial Condition Report
… Commitment to Increasing Statutory Reserves Comptroller DiNapoli repeatedly warned in the years before the COVID-19 …
https://www.osc.ny.gov/reports/finance/2022-fcr/implications-futureDiNapoli Reaffirms Commitment to DEI Initiatives
… Inc. DiNapoli’s actions come as corporate DEI initiatives are under attack, and reports that some companies are scaling back DEI efforts. “Investors looking at diversity, equity, and inclusion are concerned with how their portfolio companies treat …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-reaffirms-commitment-dei-initiativesNew York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… small businesses reported a decrease in revenues, sales or receipts, not including financial assistance or loans, at the end of April 2020. While few small … higher unemployment for state programs to provide loans or assist with small business credit access. As New York’s …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021State Comptroller DiNapoli Releases School Audits
… and district officials did not develop reasonable budgets or effectively manage the district’s financial condition to … years and increased to 16.4 percent as of June 30, 2016, or nearly $979,000 over the legal limit. Red Creek Central … The board has not established adequate written policies or procedures for procuring professional services. The …
https://www.osc.ny.gov/press/releases/2017/01/state-comptroller-dinapoli-releases-school-auditsPayroll Improvement Project Bulletin No. PIP-014
… Employees Employees who owe arrears for their ORP/VDC plan are affected. Background The Office of the State Comptroller … and address stakeholder concerns, a variety of changes are planned as part of the upgrade. There will be new arrears … calculate employer arrears, identify which deductions are held in suspense until the employee is vested, and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-014-orpvdc-arrears-deductionsSUNY Bulletin No. SU-234
… provide instruction for transferring employee enrollment from the New York State and Local Retirement System (ERS) to … 31 who chose to transfer from ERS to PAF and provided the required documentation to ERS no later than December 31, … Fire Retirement System (PAF) to participate in a special plan with a twenty-five year half pay retirement benefit. In …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-234-state-university-police-officer-eligibility-police-andAdministration of the CityFHEPS Program for Department of Homeless Services Shelter Residents
… violations such as self-closing doors that were missing or defective, mouse/rat and roach infestations, visible mold … has been outstanding since October 2022. Moreover, DSS or a DSS-approved agency did not conduct physical inspections … monitoring of incentives, and recoup any overpayments or improper payments, as warranted. Improve controls related …
https://www.osc.ny.gov/state-agencies/audits/2024/10/30/administration-cityfheps-program-department-homeless-services-shelter-residentsHousing Trust Fund Corporation – Internal Controls Over and Maximization of Federal Funding for Various Section 8 Housing Programs and the COVID Rent Relief Program
… staff to help participants find affordable housing or making owners and others involved in the rental process … in injury to tenants and in HUD recouping excess reserves or reducing allocations for future award years. We found 36 instances of owners and/or tenants failing to remediate deficiencies within the …
https://www.osc.ny.gov/state-agencies/audits/2023/03/16/housing-trust-fund-corporation-internal-controls-over-and-maximization-federal-fundingDiNapoli: People With Disabilities in New York City Have Higher Unemployment Rates and Lower Incomes
… People with disabilities in New York City face the same challenges as those elsewhere in the nation, including obstacles to employment, higher … for People with Disabilities. “There is a stark disparity in employment rates and wages for people with disabilities,” …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-people-disabilities-new-york-city-have-higher-unemployment-rates-and-lower-incomes“Nation’s Report Card” Underscores New York’s Need for Academic Recovery
… gaps in proficiency rates between White students and Black or Hispanic students in New York generally remained steady or even closed slightly. FIGURE 2: Fourth Grade Math, … devote toward learning loss, the most common strategies, or best practices. A report by the Office of the State …
https://www.osc.ny.gov/reports/nations-report-card-underscores-new-yorks-need-academic-recoveryVillage of Candor – Fund Balance (2017M-148)
… in 2016-17, the balance as of May 31, 2017 was $213,000, or 78 percent of the average annual expenditures over the …
https://www.osc.ny.gov/local-government/audits/village/2017/10/27/village-candor-fund-balance-2017m-148Chautauqua Utility District – Banking (2017M-121)
… The Board has not adopted comprehensive written policies or adequately segregated financial duties to properly monitor …
https://www.osc.ny.gov/local-government/audits/district/2017/10/13/chautauqua-utility-district-banking-2017m-121Fulton City School District – Non-Payroll Cash Disbursements (2017M-144)
… officials established a sufficient segregation of duties or compensating controls for non-payroll cash disbursements …
https://www.osc.ny.gov/local-government/audits/school-district/2017/10/13/fulton-city-school-district-non-payroll-cash-disbursements-2017m-144