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DiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… for the next fiscal year, helping the city balance its FY 2025 executive budget, according to a report released today … average of more than $200 million annually beginning in FY 2025. New York City has generated substantial savings from … net savings of $2.6 billion in FY 2024, $2.3 billion in FY 2025, and an average of nearly $2.2 billion in the out-years, …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsDiNapoli: Audit Questions Payments Made to Supportive Housing Provider
… that were paid by the state Office of Mental Health (OMH) to an Altamont, N.Y. company that serves as a supportive … which, in 2014, claimed nearly $7.8 million in expenses to provide 708 beds for program clients in Albany, Dutchess, … York City Department of Health and Mental Hygiene (DOHMH) to individuals who have a serious mental illness, but are …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-audit-questions-payments-made-supportive-housing-providerDiNapoli Bolsters State Pension Fund Support of LGBTQIA+ Equity & Inclusion at Portfolio Companies
… During Pride Month, State Comptroller Thomas P. DiNapoli highlighted … LGBTQIA+ employees in the workplace. “June is Pride Month, when millions of Americans come together to honor and … During Pride Month …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-bolsters-state-pension-fund-support-lgbtqia-equity-inclusion-portfolio-companiesCity of Newburgh – Budget Review (B23-6-9)
… in the general fund and $201,683 in the water fund for a “vacancy factor,” a budgeting technique used by the City to … for open personnel positions. However, the use of a “vacancy factor” may not be prudent, as it leaves personnel …
https://www.osc.ny.gov/local-government/audits/city/2023/11/17/city-newburgh-budget-review-b23-6-9Debt – 2023 Financial Condition Report
… general obligation bond ratings were assigned as follows: AA+ by Fitch Ratings; Aa1 by Moody’s Investors Service; and AA+ by Standard & Poor’s (S&P) Rating Services. These ratings …
https://www.osc.ny.gov/reports/finance/2023-fcr/debtComptroller DiNapoli and Acting Nassau County DA Singas: Pension Scammer Sentenced
… Fire Retirement System $465,647, as part of his sentence today for defrauding the retirement system in a … and Fire Retirement System $465647 as part of his sentence today for defrauding the retirement system in a doubledipping …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-and-acting-nassau-county-da-singas-pension-scammer-sentencedComptroller DiNapoli & A.G. Schneiderman Announce Charges Against Florida Resident For Allegedly Stealing Over $148k In NYS Pension Benefits
… New York State and Local Employees Retirement System paid to her father, Jacob Yudenfreund, a New York State pensioner … State Comptroller DiNapoli said. “We will continue to expose these scams and protect the retirement system. I … partnership, Comptroller DiNapoli and I will keep fighting to ensure New York taxpayer dollars are protected, and to …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-ag-schneiderman-announce-charges-against-florida-resident-allegedly-stealingDiNapoli: 31 School Districts Designated in Some Level of Fiscal Stress
… percentage of economically disadvantaged students, a high teacher turnover rate, a decrease in local property values, a …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-31-school-districts-designated-some-level-fiscal-stressState Comptroller DiNapoli Releases Audits
… – Street and Sidewalk Cleanliness (Follow-Up) (2022-F-8) The initial audit determined that weaknesses in key … OMH reported that, from 2014 through State fiscal year 2020-21, more than $82.5 million realized under the plan …
https://www.osc.ny.gov/press/releases/2022/11/state-comptroller-dinapoli-releases-auditsConferences — Actual and Necessary Expenses – Travel and Conference Expense Management
… fees incurred by officers and employees while attending conferences. A “conference” is defined as a convention, … for personal reasons beyond the time needed to attend conferences, subject to the employee charging the personal … or school district credit card. Cash Advances for Conferences If your local government or school district does …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/conferences-actual-and-necessary-expensesDiNapoli Announces Unprecedented Support for Climate Actions During 2021 Proxy Season
… The New York State Common Retirement Fund reached agreements … it filed climate-related shareholder proposals during the 2021 proxy season, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. This was the first proxy season … The New York State Common Retirement Fund reached agreements …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-seasonComptroller DiNapoli Releases Municipal Audits
… adequate oversight of court operations to ensure that cash receipts were properly collected, accounted for and … did not ensure that the treasurer properly accounted for cash collected. Also, the board did not ensure that the …
https://www.osc.ny.gov/press/releases/2015/06/comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases Municipal Audits
… issued. Town of Bennington – Financial Management (Wyoming County) Overall, auditors determined that the board could … adopt policies that address how compensatory (comp) time will be authorized, earned and used. In addition, officials … money up to 24 days after collection. Town of Patterson – Recycling Center Cash Receipts (Putnam County) Auditors …
https://www.osc.ny.gov/press/releases/2020/03/comptroller-dinapoli-releases-municipal-auditsDiNapoli: Billions Needed for Repairs to Local Bridges
… for repairs is growing as Washington considers changes to infrastructure aid. "Local communities are facing a big price … bridges that remain open are considered safe to drive on, but either have load-bearing elements in poor condition … of traffic carried. Those structures may have inadequate lane or shoulder widths, low clearances or low load-carrying …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-billions-needed-repairs-local-bridgesTown of Palermo – Transparency of Fiscal Activities (S9-25-22)
… generally agreed with our findings and their response is included in Appendix B. We conducted this audit pursuant …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2026/01/30/town-palermo-transparency-fiscal-activities-s9-25-22State Comptroller DiNapoli Releases Audits
… School Program (Follow-Up) (2019-F-27) A report issued in February 2018 identified a risk that providers could … expenses that could not be supported or included errors. In a follow-up, auditors found OCFS has made progress in addressing the problems identified in the 2018 audit. …
https://www.osc.ny.gov/press/releases/2019/10/state-comptroller-dinapoli-releases-auditsDiNapoli: Neighborhood Banks Helping Stabilize, Revitalize City Communities
… have to travel outside the community to cash a check, open a savings account, or apply for a loan," DiNapoli said. … York state have been able to deposit $20 million in these banks that will help them serve residents and businesses in … and consumer friendly neighborhood financial services are key to promoting personal savings and encouraging local …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-neighborhood-banks-helping-stabilize-revitalize-city-communitiesEssential Policy Elements – Travel and Conference Expense Management
… that should be included in a travel and conference policy. The following list details the fundamentals that you should consider when developing or … The following list details the fundamentals that you should …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/essential-policy-elementsOpinion 89-35
… town comptroller as chief fiscal officer must be made on a case-by-case basis depending on the particular function to be … Law, §2.00(5)(c) defines "chief fiscal officer" in the case of a town to mean the town supervisor. It is well …
https://www.osc.ny.gov/legal-opinions/opinion-89-35Opinion 92-14
… TREASURER -- Powers and Duties (when mechanics' lien deposit may be refunded without a court order); (entitlement to CPLR §8010 fee when mechanics' lien deposit refunded without a court order) CIVIL PRACTICE LAW … 20: The chief fiscal officer of a county may refund a deposit made to discharge a mechanic's lien without a court …
https://www.osc.ny.gov/legal-opinions/opinion-92-14