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Implications for the Future – 2021 Financial Condition Report
… The Economic Outlook: Employment Struggles and Uncertainty Remains While the recession brought on by the … employment has yet to recover fully. During March and April 2020, nearly 2 million jobs were lost in New York State and, as of August 2021, only 55 percent of those jobs were …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureCOVID-19 Pandemic Drove Record Medicaid Enrollment in 2021
… March 2023 and return to pre-pandemic levels of just over 6 million by March 2024 as the economy recovers, unemployment rates decrease, and individuals temporarily enrolled begin to … share of funding for most Medicaid services, including a 6.2 percentage point increase for New York for each calendar …
https://www.osc.ny.gov/press/releases/2021/12/covid-19-pandemic-drove-record-medicaid-enrollment-2021Motor Vehicle Theft and Insurance Fraud Prevention Program
… has a substantial impact on motor vehicle insurance rates in New York State. The MVTIF Prevention Demonstration … impact these efforts may have on motor vehicle insurance rates. Further, the Law requires that the Board develop and … that lacked appropriate supervisory approval and totaled $6,515, including 14 requests, representing three staff, that …
https://www.osc.ny.gov/state-agencies/audits/2024/04/11/motor-vehicle-theft-and-insurance-fraud-prevention-programState Contract and Payment Actions in April
… the Landlord Rental Assistance Program. Other Contract and Payment Rejections and Other Cost Recoveries DiNapoli’s …
https://www.osc.ny.gov/press/releases/2023/05/state-contract-and-payment-actions-aprilDiNapoli: Binghamton City School Finances Progressing
… have allowed the district to control tax levy growth rates. From 2009-10 through 2011-12, Binghamton’s average …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-binghamton-city-school-finances-progressingDiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… Thomas P. DiNapoli today announced his appointment of Anastasia Titarchuk as chief investment officer of the New … and grow the Fund’s value in the months and years to come.” Titarchuk was born in Moscow and moved to the U.S. as … the best managed and best funded plans in the nation. Find out how your government money is spent at Open Book New York …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundNYS Common Retirement Fund Reports Second Quarter Results
… The Fund's estimated value reflects benefits of $5.6 billion paid out during the first half of the State Fiscal … invested in publicly traded domestic equities and 15.6 percent in international public equities. The remaining … to increase accountability and transparency. Quarterly rates of return provide a snapshot of performance over three …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsState Comptroller DiNapoli Releases State Audits
… offenders (20.3 percent) did. By borough, IID installation rates ranged from 9 percent in Brooklyn to 30 percent in …
https://www.osc.ny.gov/press/releases/2016/08/state-comptroller-dinapoli-releases-state-auditsDiNapoli: Increase in Older Inmates Challenges New York's Prison System
… suggested that because of factors, including recidivism rates that are lower for older inmates than for their younger … a decade earlier. As of 2016, nearly 2,400 inmates, 4.6 percent of the total, were 60 or older. The average age of …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-increase-older-inmates-challenges-new-yorks-prison-systemMonitoring of Prevailing Wage Compliance on Construction Contracts
… on its projects to ensure they pay employees at the prevailing wage rate. The audit covered the period January 1, 2014 … routinely inspect the sites to ensure that prevailing wage rates were posted, as required. In addition to the …
https://www.osc.ny.gov/state-agencies/audits/2017/04/04/monitoring-prevailing-wage-compliance-construction-contractsComptroller DiNapoli Releases Municipal Audits
… $155,000. Village officials plan to raise water and sewer rates to make up the difference. The village’s tentative …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-municipal-audits-1NYS Common Retirement Fund Reports Estimated First Quarter Results
… to increase accountability and transparency. Quarterly rates of return provide a snapshot of performance over three …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsDiNapoli: State Tax Revenues Down $3 Billion
… previous fiscal year, according to the monthly State Cash Report released today by New York State Comptroller Thomas P. … respond with more economic stimulus, including real relief for state and local governments.” DiNapoli noted that …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-tax-revenues-down-3-billionCity of Newburgh – Budget Review (B19-6-11)
… of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure … County, is authorized by Chapter 223 of the Laws of 2010 to issue debt not to exceed $15 million to liquidate the accumulated deficit in …
https://www.osc.ny.gov/local-government/audits/city/2019/11/15/city-newburgh-budget-review-b19-6-11Oversight of Residential Domestic Violence Programs (Follow-Up)
… Programs (Report 2017-S-16 ). About the Program With the rates of homelessness on the rise, the plight of the homeless … Domestic Violence Prevention Act (Act) of 1987 (Article 6-A of the Social Service Law) requires social services …
https://www.osc.ny.gov/state-agencies/audits/2020/02/25/oversight-residential-domestic-violence-programs-followComptroller DiNapoli Releases Municipal Audits
… Town of Andes – Conflict of Interest and Cash Receipts and … to automatically charge fees. Town of Rensselaerville – Real Property Tax Exemption Administration (Albany County) Of the …
https://www.osc.ny.gov/press/releases/2020/01/comptroller-dinapoli-releases-municipal-audits-0Medicaid Program – Improper Payments for Ancillary Services Provided During Hospital Inpatient Admissions
… to Department officials for review. Medicaid reimbursement rates for inpatient hospital claims include the costs of most … payments. In addition, Medicaid paid $368,000 for about 6,600 improper ancillary service claims for recipients who …
https://www.osc.ny.gov/state-agencies/audits/2014/04/03/medicaid-program-improper-payments-ancillary-services-provided-during-hospital-inpatientState Comptroller DiNapoli Releases Municipal Audits
… for hours that did not match the payroll registers, at rates that were not board approved and had deductions that …
https://www.osc.ny.gov/press/releases/2017/05/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… face lower per capita full property values, higher poverty rates, and population declines. On average, cities receive …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationPublic Authorities – 2021 Financial Condition Report
… pay for public authorities in a variety of ways including rates, tolls, fees, and in some cases, taxes. Public …
https://www.osc.ny.gov/reports/finance/2021-fcr/public-authorities