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Audit Finds Operational and Oversight Failures Led to Financial Instability in Mount Vernon
… The city of Mount Vernon faced financial uncertainty and problems … were not timely paid, inappropriate actions by the former city comptroller and poor disclosure that caused the city financial troubles and ongoing legal issues. DiNapoli … The city of Mount Vernon faced financial uncertainty and problems …
https://www.osc.ny.gov/press/releases/2022/01/audit-finds-operational-and-oversight-failures-led-financial-instability-mount-vernonKids in Action of Long Island, Inc. – Compliance With the Reimbursable Cost Manual
… Objective To determine whether the costs reported by Kids in Action of Long Island, Inc. (Kids in Action) on its Consolidated Fiscal Report (CFR) were … (CFR Manual). The audit covered expenses reported on Kids in Action’s CFR for the fiscal year ended June 30, 2015. …
https://www.osc.ny.gov/state-agencies/audits/2022/03/04/kids-action-long-island-inc-compliance-reimbursable-cost-manualNew York’s Economy and Finances in the COVID-19 Era (June 24, 2021)
… Growth of telehealth utilization in New York followed the national trend: CMS reported a 2,745 percent increase in … changes that included enhanced flexibility under Health Insurance Portability and Accountability Act (HIPAA) privacy … patient benefits and provider productivity, but does not find decreases in the cost of care. The extent to which …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-24-2021New York’s Economy and Finances in the COVID-19 Era (February 18, 2021)
… Suffer from Food Scarcity New York ranks seventh among all the states in the percentage of adults who are experiencing food scarcity, at 14 percent compared to the 11 percent national rate, according to the U.S. Census … New York ranks seventh among all the states in the percentage of adults who are experiencing …
https://www.osc.ny.gov/reports/impact-covid-19-february-18-2021New York’s Balance of Payments in the Federal Budget: Federal Fiscal Year 2019
… largely reflects New York’s comparatively high federal tax payments. The State generated over $265 billion or 8.1 … Patrick Moynihan pioneered the concept of this balance of payments report when he represented New York in the United … of Contents Executive Summary Introduction The Balance of Payments Between the Federal Government and the States …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-federal-fiscal-year-2019Oversight of Security Expenses in Single Adult and Adult Family Homeless Shelters (Follow-Up)
… Objective To determine the extent of implementation of the ten recommendations included in our initial audit report, … issues identified in our initial report. Of the report’s ten recommendations, two were implemented, seven were … To determine the extent of implementation of the ten recommendations included in our initial audit report …
https://www.osc.ny.gov/state-agencies/audits/2019/12/10/oversight-security-expenses-single-adult-and-adult-family-homeless-shelters-followDiNapoli: The Mayor's Proposed Budget Takes Large Steps In Addressing Outstanding Labor Contracts
… city forecasts lower Wall Street profits and bonuses in calendar year 2014. Although Wall Street has been profitable …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-mayors-proposed-budget-takes-large-steps-addressing-outstanding-labor-contractsNew York’s Economy and Finances in the COVID-19 Era (April 16, 2021)
… April 16, 2021 Edition Analysis of the Paycheck Protection Program in … in December 2020. The American Rescue Plan Act (ARP) of 2021, signed into law in March 2021, added $7.25 billion for … in Manhattan (New York County). The median loan was about $86,800. More than 90 percent of the loans went to …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021New York’s Economy and Finances in the COVID-19 Era (May 13, 2021)
… the Coronavirus Aid, Relief, and Economic Security (CARES) Act signed in March 2020, the COVID-Related Tax Relief (CRTR) … couples with incomes up to $150,000. The U.S. Internal Revenue Service administers the economic impact payments and … 2020 Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-may-13-2021New York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… Continue to Report a Negative Overall Impact From COVID-19 One year since the onset of the COVID-19 pandemic, New York’s small businesses continue to suffer, even as the … available for a 30-year term with payments deferred for one year. The Paycheck Protection Program provides small …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021New York’s Economy and Finances in the COVID-19 Era (March 30, 2021)
… pandemic and the ensuing economic shutdown were swift and deep: employment in New York declined by nearly 2 million … pandemic and the ensuing economic shutdown were swift and deep employment in New York declined by nearly 2 million jobs …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-march-30-2021DiNapoli Urges Changes to Protect Children Placed in Custody of Relatives or Guardians
… doing enough to ensure adequate protections are in place for children who are placed in the custody of relatives or … the state’s child welfare system and is responsible for supervising and coordinating child welfare services, … that a family member or suitable person can safely provide for the needs of the child. DiNapoli’s auditors found OCFS …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-urges-changes-protect-children-placed-custody-relatives-or-guardiansDiNapoli Seeks Information on Safety Measures Taken by Businesses Involved in Shipping Oil
… billion New York State Common Retirement Fund (Fund), on Wednesday sent letters to 14 companies, including Exxon … Quebec, resulted in 47 deaths and liability for the accident caused the rail carrier involved to enter … and damages to property and natural resources due to accident involving the release of crude oil; To detail …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-seeks-information-safety-measures-taken-businesses-involved-shipping-oilNYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… Thomas P. DiNapoli today announced $800 million in recent investments through the New York State Common Retirement Fund’s (Fund) … latest $800 million comprises three separate investments. In January, the Fund committed $300 million to Avenue Capital … NYS Comptroller DiNapoli announced $800 million in investments through the NYS Common Retirement Funds …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsDiNapoli: Former Treasurer Charged in $11,000 Theft of Bolivar Volunteer Fire Department Funds
… "Smile for Christmas" campaign which collects money for toys for local children. She covered her actions by …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-former-treasurer-charged-11000-theft-bolivar-volunteer-fire-department-fundsDiNapoli: Audit Finds State Falling Short in Helping People with Disabilities Find Work
… commission report had suggested implementing a specific platform – DB101 – to provide features such as an interactive … other publicly funded benefits. OMH officials said that platform did not meet their minimum internal security …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-audit-finds-state-falling-short-helping-people-disabilities-find-workCourt-Appointed Executor of Decedent’s Estate Sentenced to Two Years in Prison for Embezzlement
… announced that Gregory Bayard was sentenced to 24 months in prison in White Plains federal court for embezzling approximately … today’s sentence. "Mr. Bayard abused the trust placed in him and pocketed $1.4 million from an estate he was … Gregory Bayard was sentenced to 24 months in prison in White Plains federal court for embezzling …
https://www.osc.ny.gov/press/releases/2019/10/court-appointed-executor-decedents-estate-sentenced-two-years-prison-embezzlementDiNapoli: Local Sales Tax Collections Up 1.5% in April Compared to Last Year
… Local sales tax collections in New York state increased by 1.5% in … million from the same time last year. “Growth in local sales tax collections for April was modest for the third … reporting to help local officials better understand how sales tax is performing in their part of the state.” In April …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-local-sales-tax-collections-15-april-compared-last-yearDiNapoli: Local Sales Tax Collections Up 1.6% in February Compared to Last Year
… New York state increased by 1.6% in February compared to the same month in 2023, according to data released today by … collections totaled $1.67 billion, up $26.8 million from the same time last year. “February’s local sales tax … driven by New York City, with nearly all regions outside the city experiencing year-over-year declines for the month. …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-local-sales-tax-collections-16-february-compared-last-yearComptroller DiNapoli and Attorney General Schneiderman Announce Three Arrests in $200,000 Contract Fraud
… Attorney General Eric T. Schneiderman today announced the arrests of three contractors for conspiring to defraud the … into paying more than $200,000 in bloated payments. The arrests are the latest in the combined efforts of the … Integrity which resulted in more than 30 public corruption arrests last year alone and more than $5 million in …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-and-attorney-general-schneiderman-announce-three-arrests-200000-contract-fraud