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XVI.3.J Implementation of Accounting Standards – XVI. Financial Reporting
… York are prepared in conformity with generally accepted accounting principles (GAAP) for governments as prescribed by the Governmental Accounting Standards Board (GASB) which is the standard-setting body for establishing governmental accounting and financial reporting principles. From time to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3j-implementation-accounting-standardsNYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) overall return in the …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli: Former Director Pleads Guilty to Stealing $1,700 From Hornell Partners for Growth
… of Hornell Partners for Growth (HPG), pleaded guilty to Grand Larceny in the Fourth Degree for stealing $1,711 in … effort and work of the Comptroller’s office, the NY State Police, and the Steuben County DA’s Office,” said … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-former-director-pleads-guilty-stealing-1700-hornell-partners-growthState Comptroller Thomas P. DiNapoli Statement on Gov. Hochul's State of the State Address
… Hochul took over as governor at a time of great challenge in New York state and immediately demonstrated her … today continued her thoughtful, common-sense approach to governing. "My office has detailed the … place here in New York. Local sales tax receipts continue to improve, the unemployment rate continues to fall and the …
https://www.osc.ny.gov/press/releases/2022/01/state-comptroller-thomas-p-dinapoli-statement-gov-hochuls-state-state-addressDiNapoli Releases Report on Local Roads
… Local governments across New York State spent $2 billion on road maintenance, repairs and … Need The most recent comprehensive assessment of New York’s local funding needs for roads is a 2013 study from the New …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-releases-report-local-roadsNYS Common Retirement Fund Reports Third Quarter Results
… investment returns that will ensure our members and their beneficiaries continue to have secure pensions for … generations to come.” The Fund's estimated value reflects benefits of $3.62 billion paid out to retirees and beneficiaries during the quarter. Its audited value, as …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsDiNapoli: Former Tax Collector Accused of Pocketing $88,000 for Car Loans, Amazon Purchases, Food and Other Expenses
… Junction, N.Y., for allegedly stealing more than $88,000 in tax funds collected for the use of the town of Beekman and … allegedly used taxpayer dollars to fund her own personal online shopping,” Comptroller DiNapoli said. “Taxpayers … County District Attorney’s Office for their hard work in exposing this fraud.” The defendant has been charged with …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-former-tax-collector-accused-pocketing-88000-car-loans-amazon-purchases-food-and-otherDiNapoli: Former Bemus Point Clerk Arrested for Theft of Over $60,000
… village clerk, for the alleged theft of more than $60,000 in village funds. Jaeger, 38, of Bemus Point, allegedly wrote … of Bemus Point, like many of our local municipalities here in Chautauqua County, is engaged in an every-day battle to service its residents with precious …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-former-bemus-point-clerk-arrested-theft-over-60000DiNapoli: Perry Ambulance Service Manager Charged With Embezzlement
… Springs, was arrested and arraigned at village of Perry Court by Judge Charles Miller. Conaway was released on $1,000 bail and is due back in court on Nov. 5. Since taking office in 2007, DiNapoli has …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-perry-ambulance-service-manager-charged-embezzlementNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … continue to seek prudent investments and manage the state pension fund to be able to withstand additional economic … year ends March 31. … The New York State Common Retirement Funds Fund estimated return in the first quarter of the State …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli: Gaming Commission Slow to Collect Casino Fees
… but it needs to do much more, especially as the state is exploring issuing licenses for three new casinos and … and tribe/nation compacts are followed. The commission is supposed to collect the cost of this oversight from these … Collections (2019-S-8) Find out how your government money is spent at Open Book New York . Track municipal spending, …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-gaming-commission-slow-collect-casino-feesState Comptroller Thomas P. DiNapoli Statement on New York City's Executive Budget
… and adding certain city services, and reducing out-year gaps. The city has also rescinded a planned drawdown … budget gaps in FY 2023 through FY 2025 and creates out-year risks by increasing baseline spending and using some …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-executive-budgetNYS Common Retirement Fund Reports Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … has positioned us as one of the nation’s strongest public pension plans.” The Fund's estimated value reflects benefits … year ends March 31. … The New York State Common Retirement Funds Fund estimated return in the second quarter of the …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsMedicaid Program – Improper Medicaid Payments Involving Fee-for-Service Claims for Recipients With Multiple Client Identification Numbers
… Numbers (CINs) where at least one CIN was enrolled in fee-for-service. The audit covered the period from January 1, … Department of Health (Department) uses two methods to pay for Medicaid services: fee-for-service (FFS) and managed care. Under the FFS method, the …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-improper-medicaid-payments-involving-fee-service-claims-recipientsDiNapoli: NYC Needs to Develop Comprehensive Plan to Manage Pandemic-Battered Finances
… from Past Recessions: Borrowing for Operations Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-nyc-needs-develop-comprehensive-plan-manage-pandemic-battered-financesDiNapoli: More State Involvement Needed to Address Local Emergency Medical Services Challenges
… and cases where patients refused transport. Local Costs Increasing The total number of local governments …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-more-state-involvement-needed-address-local-emergency-medical-services-challengesDiNapoli Releases Report on 30-Day State Budget Amendments
Amendments to the proposed state budget appropriately lower tax collection estimates in the Financial Plan for SFY 201415 but increase the Executives discretion over spending including $455 billion from financial settlements and attach major policy issues to timelimited appropriations
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-releases-report-30-day-state-budget-amendmentsDiNapoli: Former Rosendale Court Clerk to Repay Stolen Funds
… former clerk of the town of Rosendale justice court will make full restitution after admitting to stealing nearly $6,000 in cash from bail collections. The … local officials who abuse their position and steal public money will be held accountable for their wrongdoing,” …
https://www.osc.ny.gov/press/releases/0215/03/dinapoli-former-rosendale-court-clerk-repay-stolen-fundsState Comptroller DiNapoli Announces New Cybersecurity Training Webinars for Local Governments
… officials with weekly releases planned throughout October in recognition of National Cybersecurity Awareness Month, … Unit. The theme for this year's campaign is "See Yourself in Cyber," highlighting the critical roles that all people play in cybersecurity. The trainings include: Cybersecurity …
https://www.osc.ny.gov/press/releases/2022/10/state-comptroller-dinapoli-announces-new-cybersecurity-training-webinars-local-governmentsDiNapoli: Former Ulster County BOCES Criminal Justice Teacher Arrested for Defrauding the NYS Pension System Out of Over $157,000
… for allegedly swindling the New York State and Local Retirement System (NYSLRS) out of $157,341.78 in unlawful pension …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-former-ulster-county-boces-criminal-justice-teacher-arrested-defrauding-nys-pension-system