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Examination of Center for Economic Growth, Inc.
… Purpose The objective of our examination was to determine if the Center for Economic Growth, Inc.’s (CEG) claims for grant funds and associated matching expenses, reporting of revenue, and procurements complied with the terms and …
https://www.osc.ny.gov/state-agencies/audits/2018/08/14/examination-center-economic-growth-incLow-Income Housing Trust Fund Program
… December 11, 2013. Background The Housing Trust Fund Corporation's (Corporation) mission is to create decent affordable housing … housing or the construction of new housing. One way the Corporation accomplishes this mission is through the Program. …
https://www.osc.ny.gov/state-agencies/audits/2014/08/28/low-income-housing-trust-fund-programDiNapoli: Comcast Agrees To Disclose Political Spending
… New York State Comptroller Thomas P. DiNapoli announced today a … corporate funds. In December, as trustee of the New York State Common Retirement Fund (Fund), DiNapoli filed a …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-comcast-agrees-disclose-political-spendingDiNapoli Statement on Charges Against Former Delhi Village Clerk
… her colleagues and the public by allegedly writing $4,788 in village checks to herself for her personal use. She now faces grand larceny charges. Thanks to my investigators and auditors and their work with the New …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-statement-charges-against-former-delhi-village-clerkBroker Search for Internal Equity and Fixed Income
… The New York State Common Retirement Fund (Fund) will commence its next … gifts and hospitality that apply to Fund staff as State employees; Will provide training to its employees on …
https://www.osc.ny.gov/common-retirement-fund/resources/broker-search-internal-equity-and-fixed-incomeAdequacy of 2021 Budgets - City of Saratoga Springs (S9-21-10)
… financial operations of local governments across New York State. Some local governments have seen little to no impact … of various counties, cities, towns and villages across the State. The City of Saratoga Springs (City) is one of the … for Federal aid that will not be fully realized, and State funding for Aid and Incentives for Municipalities (AIM) …
https://www.osc.ny.gov/local-government/audits/city/2021/05/14/adequacy-2021-budgets-city-saratoga-springs-s9-21-10Adequacy of 2021 Budgets - Town of North Hempstead (S9-21-12)
The purpose of our budget review was to provide an independent evaluation of the Towns adopted budget for the 2021 fiscal year
https://www.osc.ny.gov/local-government/audits/statewide-audit/2021/05/21/adequacy-2021-budgets-town-north-hempstead-s9-21-12Adequacy of 2021 Budgets - Town of Big Flats (S9-21-20)
… financial operations of local governments across New York State. Some local governments have seen little to no impact … of various counties, cities, towns and villages across the State. The Town of Big Flats (Town) is one of the local …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2021/05/21/adequacy-2021-budgets-town-big-flats-s9-21-20DiNapoli: Corporate America Must Show Progress on Diversity, Equity & Inclusion
… New York State Comptroller Thomas P. DiNapoli today announced the New York State Common Retirement Fund’s (Fund) efforts to increase …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-corporate-america-must-show-progress-diversity-equity-inclusionOpinion 96-22
… bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- Capital Reserve Fund (transfer of moneys to … §6-e[2]). Towns may establish tax stabilization reserve funds for both townwide and town outside village purposes ( … on the use of moneys remaining in capital reserve funds established for a specific capital improvement. These …
https://www.osc.ny.gov/legal-opinions/opinion-96-22Opinion 88-51
… bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- Repair Reserve Fund (procedure for abolition of); … "Reserve for Draining the Lake" in its 1984 budget. The funds appropriated for this item have been held in a bank … entitled "Reserve Fund". The town board wishes to use the funds and accumulated interest to pay for the dredging of the …
https://www.osc.ny.gov/legal-opinions/opinion-88-51DiNapoli Audit: Pre-K Special Education Provider Spent $2.5 Million in Unallowed Expenses
… determines how special education providers can use public funds to make certain that children get the greatest … Education Department so that they can recover the misspent funds.” Shared staff at Starting Point Services divided their … uncovered waste, fraud and abuse of special education funds, DiNapoli announced an initiative involving a broad …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-audit-pre-k-special-education-provider-spent-25-million-unallowed-expensesDiNapoli: Former Long Island School Official Pleads Guilty in Kickback Scheme
… New York State Comptroller Thomas P. DiNapoli announced that earlier … follow a legitimate bidding process and handing over the contract to Maria Caliendo, a local restaurant owner who had … by filing a complaint online at https://www.osc.state.ny.us/investigations , or by mailing a complaint to: …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-former-long-island-school-official-pleads-guilty-kickback-schemeNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… Department (DOL) rule that allows managers of retirement funds that are subject to the Employee Retirement Income … (Fund), which is the one of the largest public pension funds in the United States. The Fund is not subject to the … factors that a prudent investor, including pension funds, absolutely must consider. Thank you for continuous …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… New York State Comptroller Thomas P. DiNapoli today announced the New York State and Local Retirement System (NYSLRS) employer … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredAwarding and Oversight of Statewide Interoperable Communications Grants
… to ensure expenses are appropriate and consistent with contract requirements. Counties are required to maintain all … are aware of the requirements they must meet to obtain contract extensions. Other Related Audit/Report of Interest New York State Homes and Community Renewal: Low-Income Housing Trust …
https://www.osc.ny.gov/state-agencies/audits/2017/07/18/awarding-and-oversight-statewide-interoperable-communications-grantsDiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… and bridge projects have been shortchanged because the state continues to use money in the Dedicated Highway and … debt from past projects and cover the operating costs for state agencies, according to a report by New York State Comptroller Thomas P. DiNapoli. Similar concerns were …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offDiNapoli: State Ends Third Quarter of State Fiscal Year on Solid Financial Footing
… deductible from federal taxes. Tax receipts exceeded the latest Financial Plan forecast by $12.9 billion over the … year, and $386.2 million higher than anticipated in the latest projections but $1.1 billion higher than initially … year for the same period and $217.7 million higher than latest projections and nearly $1.5 billion higher than …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-state-ends-third-quarter-state-fiscal-year-solid-financial-footingIX.8.A Accounting for Federal Refunds – IX. Federal Grants
… for processing refunds in AP: When the refund relates to a contract payment, the adjustment voucher will restore the contract value. For 1099 reporting, the adjustment voucher … maximize the use of federal funds and minimize the use of State funds. OSC has developed a table to assist agencies in …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix8a-accounting-federal-refundsComptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … (PA) guidelines regarding the sale of estate real property state that the PA shall determine fair market value and sell … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly …
https://www.osc.ny.gov/press/releases/2020/06/comptroller-dinapoli-releases-municipal-audits