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Opinion 90-50
… generally requires either a deposit of the requisite funds by the municipality or proof that the municipal … has approved the project and appropriated the necessary funds. This is in reply to your inquiry regarding the legal … either the municipality must deposit sufficient funds with the State Comptroller for DOT to perform the work …
https://www.osc.ny.gov/legal-opinions/opinion-90-50DiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… New York City, counties received the most federal stimulus funds in terms of overall dollars, while ARPA funds represented 14.4% of total 2019 (pre-pandemic) revenues … in the cities of Utica and Buffalo. With these federal funds ending, some cities are taking measures to close …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governmentsDiNapoli: Proposed Budget Holds the Line on Spending, Gives Executive Wider Discretion
… of the Budget (DOB) projects spending from State Operating Funds in the next fiscal year to total just under $94 … actions needed to limit annual growth in State Operating Funds expenditures to 2 percent. Based on projections of … and excluding the unspecified savings in State Operating Funds spending, the Comptroller estimates annual out-year …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-proposed-budget-holds-line-spending-gives-executive-wider-discretionComptroller DiNapoli Releases Municipal Audits
… complete. However, the condition of all court and trust funds were not reported to the Office of State Comptroller as required. Reports on the condition of court and trust funds was correct, however they did not include detailed … and complete. However, auditors identified $66,637 in funds that have not been turned over to the Office of State …
https://www.osc.ny.gov/press/releases/2014/12/comptroller-dinapoli-releases-municipal-audits-1Comptroller DiNapoli Releases School Audits
… effectively.” Ardsley Union Free School District – Reserve Funds (Westchester County) The district’s employee benefit … by almost $178,000. The district’s remaining reserve funds were funded at reasonable levels. Babylon Union Free … for the establishment and use of three of its four reserve funds. Berkshire Union Free School District – Financial …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-school-auditsDiNapoli Takes Action to Hold Corporate America Accountable for Failing to Address Diversity, Equity and Inclusion
… board directors at companies that failed to meet the Funds expectations for board diversity and filed shareholder …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-takes-action-hold-corporate-america-accountable-failing-address-diversity-equity-andOpinion 95-4
… This opinion represents the views of the Office of the State Comptroller at the time it was … billed to the county for litigation services by a private attorney. You have requested our opinion regarding the … Section 209 further authorizes the board to delegate the power to conduct investigations to a committee of the board. …
https://www.osc.ny.gov/legal-opinions/opinion-95-4Opinion 2008-3
… NYS2d 918, mod on other grnds 88 AD2d 780, 451 NYS2d 523, app dsmd 58 NY2d 601, 458 NYS2d 1025, app dsmd 58 NY2d 687, 458 NYS2d 543, rearg den 58 NY2d 824, …
https://www.osc.ny.gov/legal-opinions/opinion-2008-3Opinion 89-8
… bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- Repair Reserve Fund (necessity for consent by the … school districts are authorized to establish reserve funds "for financing, in whole or in part, the cost of any … to require the Comptroller's consent only for reserve funds established pursuant to section 3651 and not for …
https://www.osc.ny.gov/legal-opinions/opinion-89-8Forks Fire District #3 - Financial Planning (2018M-20)
… the District's attorney and ensure the capital reserve funds are properly established. District officials generally …
https://www.osc.ny.gov/local-government/audits/fire-district/2018/05/11/forks-fire-district-3-financial-planning-2018m-20Town of Somerset – Budgeting for Sales Tax (2016M-419)
… Board. Budgeted appropriations in the general and highway funds for 2016 totaled $2 million. Key Findings Town …
https://www.osc.ny.gov/local-government/audits/town/2017/11/22/town-somerset-budgeting-sales-tax-2016m-419Omnibus Technical Corrections
… System be notarized (acknowledged); categorizing certain funds as joint custody; authorizing regulations for new …
https://www.osc.ny.gov/legislation/omnibus-technical-correctionsVII.2 Miscellaneous Receipts / Accounts Receivable Receipts – VII. State Revenues and Appropriated Loan Receivables
… box has been checked . Once notified by Treasury that the funds have been received and deposited at the bank, BSAO – … into the GCA. When notified by DTF – Treasury that funds have been received and deposited at the bank, BSAO … regarding the authorization to deposit revenue to specific funds must be considered when depositing and classifying …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii2-miscellaneous-receipts-accounts-receivable-receiptsNYS Common Retirement Fund Announces Third Quarter Results
… (7.7 percent), real estate (6.8 percent), absolute return strategies (3.2 percent) and opportunistic and real assets …
https://www.osc.ny.gov/press/releases/2017/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: Former Fire Company Treasurer Charged in $20,000 Theft
… after allegedly stealing over $20,000 in Fire Company funds, following an audit and investigation by State … Fire Department administration for recognizing the missing funds and notifying the appropriate authorities in a prompt … after allegedly stealing over $20000 in Fire Company funds following an audit and investigation by State …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-former-fire-company-treasurer-charged-20000-theftDiNapoli and Schneiderman Announce Arrest in $87K Contractor Theft
… Eric Schneiderman. “This is an egregious abuse of public funds, and our latest joint effort with Comptroller DiNapoli … credits. AAP-II received more than $1.5 million in state funds for immunization grant contracts from 2006 to 2013. As …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-and-schneiderman-announce-arrest-87k-contractor-theftAccounts Payable Advisory No. 37
… agencies had not reconciled charges timely and because the funds were lapsing, OSC and SFS had to perform special … use of the credit cards and to ensure agencies to not lose funds at the end of next fiscal year end. As a reminder, …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/37-reconciliation-credit-card-transactionsXVII.2.C Transactions Against Lapsing Appropriations – XVII. Lapsing Appropriations
… timely processing of contracts and amendments that utilize funds with near-term lapse dates within the date ranges … more information see Chapter XI, Section 2.C - Contract Funds Reservation. Transaction Submittal Date Range Lapse …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2c-transactions-against-lapsing-appropriationsComptroller DiNapoli Releases School Audits
… completed audits of the Burnt Hills-Ballston Lake Central School District , Ellenville Central School District , Lake Pleasant Central School District , …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-school-audits-1State Comptroller DiNapoli Statement on New York City Financial Plan
… plan highlights why smart use of the city’s federal relief funds and better-than-projected revenues are necessary to … businesses, and that the federal government reallocate funds for rent relief. "The updated plan also raises …
https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-statement-new-york-city-financial-plan