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Former Head of Niagara Falls Housing Authority Pleads Guilty to Stealing Government Funds; Son and Daughter-in-Law Also Convicted
… U.S. Attorney James P. Kennedy, Jr. announced today that … prison and a $250,000 fine. In addition, Cowart’s son and daughter-in-law, Allen, 31, and Fredia, 28, both of Niagara … she was hired to assist by diverting public funds to her relatives through exorbitant hourly wages and grants," …
https://www.osc.ny.gov/press/releases/2017/12/former-head-niagara-falls-housing-authority-pleads-guilty-stealing-government-funds-son-and-daughterDiNapoli: LIRR On-Time Performance Falls Short
… percent of the time when it stopped at Citi Field for Mets games; and Trains carrying reverse commuters to Penn Station …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-lirr-time-performance-falls-shortComptroller DiNapoli: Schools Must Do More to Limit Access to Sensitive Student Databases
… 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-schools-must-do-more-limit-access-sensitive-student-databasesDiNapoli: Many SUNY Campus Foundations Operating Without Contracts or Proper Oversight
… A third of the 30 State University of New York (SUNY) campus foundations … campus to support approved programs and activities. SUNY's 30 campus-related foundations had net assets totaling $2.1 billion as of June 30, 2015 (most recent available financial information), with …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-many-suny-campus-foundations-operating-without-contracts-or-proper-oversightDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… with Goldman Sachs Asset Management (GSAM) to invest in a diverse group of global equity strategies viewed as having strong potential to enhance the … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsDiNapoli: Funds Dedicated for Highway & Bridge Capital Projects Continue to be Diverted for Operating and Debt Costs
… in the Dedicated Highway and Bridge Trust Fund continues to be diverted for non-capital purposes, leaving critical … a fund that was created to keep our roads and bridges in good repair. Now, more than three-quarters of this money is …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-funds-dedicated-highway-bridge-capital-projects-continue-be-diverted-operating-and-debtOpinion 91-24
… if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. SEWERS AND SEWER SYSTEMS -- Contracts (to … cost of such a contract would be financed by the county in the same manner as other operation and maintenance costs …
https://www.osc.ny.gov/legal-opinions/opinion-91-24DiNapoli: NYC Financial Plan Improved From June
… the City of New York Related Reports and Analysis Update on New York City Staffing Trends Identifying Fiscal Cliffs in …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-juneDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… New York State Comptroller Thomas P. DiNapoli today announced … and encourages the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving … 8th Floor, 110 State St., Albany, NY 12236. … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsDiNapoli: New York City's Budget Outlook Improves
… revenues and planned cost savings benefited New York City’s budget outlook for Fiscal Year (FY) 2025, but funding for education and social services remain …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… MTA is also relying on revenue from planned downstate casinos to provide $500 million in each of 2026 and 2027. Any delay in the casinos’ approval could throw the Authority’s budget …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest
… stress, including evictions and foreclosures, which may result in homelessness. Major findings include: Cost burdens … for housing. This constituted 38.9% of households, the 3 rd highest rate of housing cost burden among states. New … the states with the highest cost burden for both owners (3 rd in 2022) and renters (13 th in 2022). The share of New …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… initially planning to override New York’s property tax cap in 2016-17 has nearly doubled when compared to last year, … indicated that they will seek an override of the tax cap. Last year, 3.5 percent, indicated plans to override the …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capPension Fund Makes Progress on Board Diversity
… diversity pending at Dentsply Sirona Inc. and FleetCor Technologies Inc. and has filed similar proposals with 20 …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversityDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… stronger finances down the road will depend in part on how the MTA chooses to manage debt in the coming years. “The … the state budget, which is expected to provide funding to help balance the MTA’s budget through 2026 — and federal … to sound debt repayment practices without obscuring how debt is contributing to its budget deficits. However, …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsPublic-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… the state should examine both the opportunities that public-private partnerships offer as well as the underlying … are contracts between a public agency and a private sector entity that result in greater private sector … In November, DiNapoli released a report detailing specific reforms to the state’s capital planning process by placing …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedDiNapoli Releases Analysis of State Financial Plan
… are provided in an equitable fashion to the most impacted communities and that they are deployed as quickly as …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planXIV.5 Employee Award Programs – XIV. Special Procedures
… award programs and the requirements of the Office of the State Comptroller (OSC) for approving payment for these types … Plans. Process and Transaction Preparation: INTERNAL REVENUE CODE Awards presented to employees under an … agency officials. Business Units may use the meal per diem allowances for a geographic region to guide their …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… and budgetary normalcy. Federal aid will drop from 17% to 10% of projected annual spending, returning to its 10-year pre-pandemic average. Property tax revenues are now …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusXII.3 Record Retention – Accounts Payable Vouchers and Land Claims – XII. Expenditures
… Section Overview and Policies: The purpose of this section is to provide guidance to agencies about … Financial System (SFS) is readily available to the Office of the State Comptroller (OSC). OSC’s Bureau of State … payments. Agencies should not anticipate an engagement letter or opening conference in conjunction with these …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii3-record-retention-accounts-payable-vouchers-and-land-claims