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Mainstream Managed Care Organizations – Administrative Costs Used in Premium Rate Setting (Follow-Up)
… Purpose To determine the extent of implementation of the seven recommendations made in our initial audit … purpose, the Department relies on financial data reported by MCOs on the Medicaid Managed Care Operating Reports …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/mainstream-managed-care-organizations-administrative-costs-used-premium-rate-setting-followOversight of Security Expenses in Single Adult and Adult Family Homeless Shelters
… to ensure that adequate controls over timekeeping and payroll processes are in place. In addition, DHS is also …
https://www.osc.ny.gov/state-agencies/audits/2018/05/07/oversight-security-expenses-single-adult-and-adult-family-homeless-sheltersDiNapoli: State Correction Commission Falling Short in Tracking Problems or Inspecting Prisons
… The state agency in charge of the oversight and inspection of 561 state and local correctional facilities and jails … at those facilities, according to an audit released today by State Comptroller Thomas P. DiNapoli. Auditors also found …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-state-correction-commission-falling-short-tracking-problems-or-inspecting-prisonsDiNapoli Audit: Pre-K Special Education Provider Spent $2.5 Million in Unallowed Expenses
… determines how special education providers can use public funds to make certain that children get the greatest … Education Department so that they can recover the misspent funds.” Shared staff at Starting Point Services divided their … uncovered waste, fraud and abuse of special education funds, DiNapoli announced an initiative involving a broad …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-audit-pre-k-special-education-provider-spent-25-million-unallowed-expensesState Audit Shows Need to Improve Response to Noise Complaints in NYC
… December 2015, respectively. On two days in December 2015 alone (the 7th and the 21st), there were 78 and 68 complaints …
https://www.osc.ny.gov/press/releases/2017/06/state-audit-shows-need-improve-response-noise-complaints-nycDiNapoli: Homeless Families, Adults Living in Squalid Shelters Due to Oversight Failure
… shelters had inadequate night shift coverage (one staff vs. three required at one location, and two staff vs. four required at the other). Nearly half (22) of the 47 …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-homeless-families-adults-living-squalid-shelters-due-oversight-failureDiNapoli: Economic Snapshot Shows The Bronx Making Impressive Gains in Addressing Challenges
… that businesses bolster in the Bronx and the residents who call this borough their home are not subject to poverty. …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-economic-snapshot-shows-bronx-making-impressive-gains-addressing-challengesNY State Comptroller DiNapoli Statement on Supreme Court Decision in Janus Case
… Thomas P. DiNapoli released the following statement today after the United State Supreme Court ruled on the Janus v. … Thomas P DiNapoli released the following statement today after the United State Supreme Court ruled on the Janus v …
https://www.osc.ny.gov/press/releases/2018/06/ny-state-comptroller-dinapoli-statement-supreme-court-decision-janus-caseDiNapoli: College Student Loan Debt Doubled in New York Over Last Decade
… debt more than doubled during the last decade, growing to $82 billion from $39 billion, an increase of 112 percent. … all walks of life have found higher education the path to a more satisfying and secure life. But many who take out … college debt have less disposable income and often have to push off buying a home or saving for the future. Such …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-college-student-loan-debt-doubled-new-york-over-last-decadeChanges in Federal Policies Pose Significant Risks for New York City's Budget
… budget cuts on the federal level pose a significant threat to the city’s finances, according to a report released today by State Comptroller Thomas P. … in federal fiscal policies constitute the greatest risk to the city since the Great Recession," DiNapoli said. "New …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… fund dollars into New York companies and it is paying off for the companies and for the state pension fund, which made … addition to Autotask, 11 companies located in the Capital District including Apprenda and WhoSay have also received … portfolio of public and private equities, fixed income, real estate and alternative instruments and has consistently …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… 5LINX, a telecommunications company located in Rochester, has generated an estimated $6.7 million return, … Thomas P. DiNapoli announced today. The Fund invested in 5LINX through its In-State Private Equity Program, which seeks profitable …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundNYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… 2016 grew by an estimated 15 percent based on the latest payroll data from the New York State Department of Labor. …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017DiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… of $439 million in the 2017 fiscal year, which is likely to grow as the year progresses even though job growth and tax collections are slowing, according to a report released today by New York State Comptroller … growth and tax collections in the near future are unlikely to be as robust as they have been in recent years," DiNapoli …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… and more than 31,000 organizations in 2012, according to a report released today by State Comptroller Thomas P. … have a significant impact on our economy through the number of jobs they provide and the wages they pay. Given the … of critical services.” “This report helps us realize how critical the nonprofit is to the economic and social …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… to $29.2 million in 2021. County IDAs were responsible for 61.2% of all active IDA projects in 2021, followed by … (0.1%). The report summarizes data as reported by IDAs for fiscal year end 2021 through the Public Authorities … IDA, do not. DiNapoli’s report found that: Tax exemptions for IDA projects totaled almost $1.9 billion, an increase of …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… policies just prior to the pandemic that ensured more online sales were being fully taxed.” Local sales tax growth …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… $9.6 billion, primarily reflecting receipt of settlement money the state has largely committed for various uses. …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-yearDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… enough to keep up with demand. Despite efforts, permits for new residential buildings, which include new market rate …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… could impact their long-term financial success and quality of life. There is no question that investing in financial … Commission on Graduation Measures recommended to the Board of Regents that financial literacy should be a graduation requirement. As part of the process to examine New York’s graduation measures, the …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schools