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NYC Budget Benefiting From Strong Tax Collections
… and benefits from the citywide savings program, according to a report released today by State Comptroller Thomas P. DiNapoli. The surplus money will be used to balance the FY 2019 budget. "The city’s economy is strong … and tax abatements. Business tax collections continued to fall short of expectations, but the shortfall was offset …
https://www.osc.ny.gov/press/releases/2018/06/nyc-budget-benefiting-strong-tax-collectionsState Comptroller DiNapoli and Commission on Independent Colleges and Universities President Brabham Op-Ed: When Federal Policy Undermines College Access, New York Pays the Price
… who earn too much to qualify for maximum grant aid but too little to afford college without borrowing. The new limits …
https://www.osc.ny.gov/press/releases/2025/12/state-comptroller-dinapoli-and-commission-independent-colleges-and-universities-president-brabham-opComptroller DiNapoli and Attorney General Schneiderman Announce Sentencing of Former Met Council Director
… has the greatest nonprofit sector in the country, and this case reminds us that we must vigilantly protect it. I am … credit for aggressively and thoroughly pursuing this case. Through our Joint Task Force on Public Integrity, the … General’s office is the lead investigator assigned to this case. The Investigations Bureau is led by Chief Investigator …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-and-attorney-general-schneiderman-announce-sentencing-former-met-councilDiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020
… fiscal year with a funded status of 98 percent, according to actuarial calculations. "Solid investment returns help … 31, 2018. Strong returns raised the Fund's funded ratio to 98 percent in SFY 2017-2018, up from 94.5 percent the … the nation's best-funded pension plans in 2018, according to Pew Charitable Trusts. The estimated average contribution …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-employer-contribution-rates-stable-state-fiscal-year-2019-2020Comptroller DiNapoli Visits Holocaust Memorial and Tolerance Center
… in Germany during the events of Kristallnacht (“The Night of the Broken Glass”) to the Center’s library. The book, titled “Pogrom Night 1938,” was presented on behalf of Malcolm Hoenlein, … in Germany during the events of Kristallnacht The Night of the Broken Glass to the Centers library …
https://www.osc.ny.gov/press/releases/2014/10/comptroller-dinapoli-visits-holocaust-memorial-and-tolerance-centerChenango Valley Central School District – Audit Follow-Up (2022M-162-F)
… nine-member Board of Education (Board), responsible for managing and controlling financial and educational … and is responsible, along with other administrative staff, for District administration under the Board’s direction. The … PPSI and IT resources continued to have an increased risk for inappropriate access and compromise. We also reviewed …
https://www.osc.ny.gov/local-government/audits/school-district/2025/12/24/chenango-valley-central-school-district-audit-follow-2022m-162-fNew York State Comptroller DiNapoli Statement on Win at SEC
… proposal from a shareholders' vote at its annual meeting. Today, the SEC rejected that request. “This is a … our proposal to fellow shareholders at ExxonMobil’s annual meeting.” Edward Mason, Head of Responsible Investment for …
https://www.osc.ny.gov/press/releases/2016/03/new-york-state-comptroller-dinapoli-statement-win-secNYS Comptroller DiNapoli, Steuben County District Attorney Baker, and NYS Police: Former Addison Official to Be Sentenced to Prison and Will Forfeit State Pension After Million Dollar Public Corruption Conviction
… to serve three-to-nine years in state prison, pay full restitution of $1.1 million, and forfeit her public … sentenced to serve threetonine years in state prison pay full restitution of $11 million and forfeit her public …
https://www.osc.ny.gov/press/releases/2024/08/nys-comptroller-dinapoli-steuben-county-district-attorney-baker-and-nys-police-former-addisonOpinion 90-32
… or statutory amendments that bear on the issues discussed in the opinion. REFERENDUM -- Mandatory (need for upon … of bonds for the construction of improvements required to comply with an enforceable determination of the Department … You ask whether a town's proposed expenditure of moneys in excess of $100,000 to build a salt storage shed in …
https://www.osc.ny.gov/legal-opinions/opinion-90-32DiNapoli Report Tracks MTA's Shifting Revenue Streams
… enforcement and deterrence measures for fare evasion are also necessary to help boost paid ridership in the coming …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-report-tracks-mtas-shifting-revenue-streamsOpinion 92-44
… 614, 375 NYS2d 500, lv den 38 NY2d 1004, 384 NYS2d 441; Taylor v McGuire , 100 Misc 2d 834, 420 NYS2d 248; 1991 Opns … including both salary and fringe benefits (see, e.g., Taylor , supra ; Christian v City of Ontario , 92 Misc 2d 51, …
https://www.osc.ny.gov/legal-opinions/opinion-92-44Opinion 92-54
… or statutory amendments that bear on the issues discussed in the opinion. CONFLICTS OF INTEREST -- Banking Transactions … LAW, §60.10: A prospective appointee to fill a vacancy in the office of town supervisor who is an officer and stockholder of a bank would have a prohibited interest in the designation of the bank as a town depository, the …
https://www.osc.ny.gov/legal-opinions/opinion-92-54DiNapoli: Food Giant ConAgra Agrees to State Pension Fund's Proposal to Buy Sustainable Palm Oil
… palm oil shareholder proposal , which it co-filed with Green Century Capital Management. “ConAgra’s commitment to … said. “Palm oil is in many of the products we enjoy every day, but too often suppliers produce it in ways that destroy … place in their supply chains,” said Lucia von Reusner of Green Century Capital Management, which co-filed the …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-food-giant-conagra-agrees-state-pension-funds-proposal-buy-sustainable-palm-oilCity of Poughkeepsie Industrial Development Agency – Audit Follow-Up (2021M-168-F)
… of our review was to assess the City of Poughkeepsie Industrial Development Agency’s (IDA’s) progress, as of … recommendations in the audit report City of Poughkeepsie Industrial Development Agency – Project Approval and … of our review was to assess the City of Poughkeepsie Industrial Development Agencys IDAs progress as of September …
https://www.osc.ny.gov/local-government/audits/city/2025/07/25/city-poughkeepsie-industrial-development-agency-audit-follow-2021m-168-fAdministration and Monitoring of Financial Assistance to New York City Businesses
… To determine whether the New York City Industrial Development Agency (NYCIDA) has policies and procedures in place to approve, monitor, and measure … commitment to hire under the HireNYC program, a workforce development program that creates local employment … To determine whether the New York City Industrial Development Agency NYCIDA has policies and procedures in …
https://www.osc.ny.gov/state-agencies/audits/2024/06/12/administration-and-monitoring-financial-assistance-new-york-city-businessesDiNapoli: Tax Exemptions Jump While Job Gains Slow for IDA Projects
… were nearly 23,000 lower than the previous year, according to a report issued today by State Comptroller Thomas P. … state's IDAs and how these entities fulfill their mission to attract, retain and expand business within their … “Although the amount of tax breaks IDAs provided to private companies noticeably increased, job gains did not …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-tax-exemptions-jump-while-job-gains-slow-ida-projectsDiNapoli: Former West Carthage Housing Authority Executive Director and Mother Arrested
… and protect the programs that HUD beneficiaries rely on.” New York State Police Acting Superintendent Steven G. … case stole funds from unsuspecting citizens that relied on them for a safe place to live. I thank the Comptroller’s … from WCHA by using WCHA’s financial accounts and credit lines to make unauthorized personal purchases. Additionally, …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-former-west-carthage-housing-authority-executive-director-and-mother-arrestedDiNapoli: End of Continuous Medicaid Enrollment Requirement Poses Risks to State Financial Plan
… With federal legislation ending continuous Medicaid coverage in … individuals in the nation,” DiNapoli said. “Now that the federal continuous coverage requirements have ended, the … emergency continuous coverage requirements enacted by federal legislation. These requirements prevented states from …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-end-continuous-medicaid-enrollment-requirement-poses-risks-state-financial-planLocal Government – 2023 Financial Condition Report
… for local governments with a calendar fiscal year in 2024 is 6.26 percent. The combination of high inflation and the 2 …
https://www.osc.ny.gov/reports/finance/2023-fcr/local-governmentCustodial Service Contract Procurement and Oversight
… in procuring the custodial service contracts it has in effect for the 2017–2020 and 2021–2028 fiscal years at the … in procuring the custodial service contracts it has in effect for the 20172020 and 20212028 fiscal years at the …
https://www.osc.ny.gov/state-agencies/audits/2022/04/08/custodial-service-contract-procurement-and-oversight