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Small Businesses and the Economic Recovery: Work in Progress
… has also begun to flow, and expeditiously disbursing these funds remains critical to helping New York’s small businesses … a variety of programs, including: $600 million in federal funds for the State Small Business Credit Initiative (SSBCI) … support and investment programs. $800 million in State funds for a new COVID-19 Pandemic Small Business Recovery …
https://www.osc.ny.gov/reports/small-businesses-and-economic-recovery-work-progressDiNapoli: Executive Budget Reduces Out-Year Gaps, Diminishes Independent Oversight
… independent oversight." The budget projects total All Funds spending of $162.2 billion in state fiscal year (SFY) … from its primary presentation of $152.3 billion in All Funds spending. The budget proposal comes at a time of … assistance, or one in every three dollars in total. These funds are critical to help pay for essential investments in …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-executive-budget-reduces-out-year-gaps-diminishes-independent-oversightDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… is relying on its anticipated FY 2021 surplus, its reserve funds, and the successful achievement of agency savings to … reserves to attain balance in FY 2022. The three-year city funds revenue shortfall for FY 2022 to FY 2024 is now $15.6 … to average $7.8 billion annually, or 10.9 percent of city funds revenue. The city will need to close these gaps, but …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-loomingDiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… The PPP initially required that 75 percent of loan funds be used to cover payroll costs (later lowered to 60 … much of the program in Phase Three to better target funds to small businesses. Earmarks of funds within Phase Three may also lead to greater diversity …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingOpinion 89-54
… bear on the issues discussed in the opinion. MUNICIPAL FUNDS--Capital Reserve Fund (creation of by town for … §6-c authorizes a town board to establish capital reserve funds for the purpose of financing all or part of the cost of … p 7). The town's authority to establish capital reserve funds is subject to certain limitations. General Municipal …
https://www.osc.ny.gov/legal-opinions/opinion-89-54XVI.3.E The Reporting Entity – XVI. Financial Reporting
… agencies, whose activities are accounted for in numerous funds. Such agencies are logically part of the reporting … organizations that make up its legal entity, including all funds, organizations, institutions, agencies, departments, … as a component unit but is blended into the Governmental Funds because it provides services exclusively to the State. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3e-reporting-entityTown of Howard - Fund Balance Management (2018M-192)
… develop multiyear financial and capital plans. Use surplus funds as a financing source for funding one-time …
https://www.osc.ny.gov/local-government/audits/town/2019/01/11/town-howard-fund-balance-management-2018m-192Town of Addison - Supervisor's Fiscal Responsibilities (2019M-03)
… should: Collect, disburse and maintain custody of all Town funds in accordance with policies, procedures and Town Law. …
https://www.osc.ny.gov/local-government/audits/town/2019/04/26/town-addison-supervisors-fiscal-responsibilities-2019m-03Erie County Soil and Water Conservation District – Cash Receipts and Disbursements (2016M-232)
… Soil and Water Conservation District provides services and funds projects related to the conservation of soil and water …
https://www.osc.ny.gov/local-government/audits/district/2016/09/09/erie-county-soil-and-water-conservation-district-cash-receipts-and-disbursementsVillage of Newark Valley – Capital Planning (2016M-289)
… appropriations for the general, water and solid waste funds for the 2016-17 fiscal year total $838,000. Key Finding …
https://www.osc.ny.gov/local-government/audits/village/2016/11/18/village-newark-valley-capital-planning-2016m-289Village of Webster – Audit Follow Up (2012M-110-F)
… Mayor. Budget appropriations for the general and water funds in 2011-12 were approximately $3.3 million. Results of …
https://www.osc.ny.gov/local-government/audits/village/2013/12/20/village-webster-audit-follow-2012m-110-fChili Public Library – Board Oversight (2015M-130)
… did not complete a proper audit of claims from the private funds account prior to their payment. Key Recommendation …
https://www.osc.ny.gov/local-government/audits/library/2015/08/14/chili-public-library-board-oversight-2015m-130Panama Central School District – Financial Management (2016M-271)
… the statutory limit and develop a plan to use the surplus funds to benefit residents. … Panama Central School District …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/02/panama-central-school-district-financial-management-2016m-271DiNapoli: Funds Dedicated for Highway & Bridge Capital Projects Continue to be Diverted for Operating and Debt Costs
… large transfers from the state’s general fund and federal funds shows no signs of reversing. The general fund subsidy …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-funds-dedicated-highway-bridge-capital-projects-continue-be-diverted-operating-and-debtNYS and NYC Pension Funds To SEC: Greater Disclosure Needed On Risks Faced By Fossil Fuel Industry
NYS Comptroller Thomas P DiNapoli and NYC Scott M Stringer today called on the SEC to compel fossil fuel industry companies by enforcement or other action to enhance disclosure of the material risks climate change poses to their business and what steps they are taking to meet those challenges
https://www.osc.ny.gov/press/releases/2015/04/nys-and-nyc-pension-funds-sec-greater-disclosure-needed-risks-faced-fossil-fuel-industryOpinion 2024-1
… Clause does not prevent municipalities from using public funds to replace privately owned lead water service lines on … the State Constitution’s ban on gifts and loans of public funds. I. The Public Health Threat Arising from the City’s … lines on private property, primarily relying on federal funds received under the American Rescue Plan Act (“ARPA”). …
https://www.osc.ny.gov/legal-opinions/opinion-2024-1DiNapoli: Former Treasurer Arrested in Village of Millport Theft
… audit found she allegedly stole more than $4,000 in public funds, said State Comptroller Thomas P. DiNapoli. "Ms. … audit found she allegedly stole more than $4000 in public funds said State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-former-treasurer-arrested-village-millport-theftIX.8 Federal Grant Refunds – IX. Federal Grants
… represent a return of monies paid from state appropriated funds are to be immediately documented and transmitted to the … represent a return of monies paid from state appropriated funds are to be immediately documented and transmitted to the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix8-federal-grant-refundsDiNapoli Announces Interim CIO for the New York State Common Retirement Fund
New York State Comptroller Thomas P DiNapoli today announced his appointment of Anastasia Titarchuk as Interim Chief Investment Officer of the New York State Common Retirement Fund
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-announces-interim-cio-new-york-state-common-retirement-fundState Comptroller DiNapoli Releases Municipal Audits
… the total combined fund balance in the general and highway funds increased by $450,000. Officials have not developed … the total combined fund balance in the general and highway funds increased by $450,000. Officials have not developed …
https://www.osc.ny.gov/press/releases/2018/09/state-comptroller-dinapoli-releases-municipal-audits