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City of Troy – Budget Review (B18-5-8)
… and expenditure projections in the City’s proposed budget for the 2019 fiscal year are reasonable. Background The City … require additional funds. The City’s capital plan for the purchase of equipment and vehicles for the general and refuse … City’s proposed budget is in compliance with the tax levy limit. Key Recommendations It is essential the Council make …
https://www.osc.ny.gov/local-government/audits/city/2018/10/31/city-troy-budget-review-b18-5-8City of Lockport – Budget Review (B22-1-8)
… [read complete report – pdf] Purpose The purpose of our budget review was to provide an independent evaluation of the City’s proposed budget for 2023. Background Chapter 332 of the Laws of 2014, as amended by Chapter 147 of the Laws of … New York Office of the State Comptroller City of Lockport Budget Review 2022 …
https://www.osc.ny.gov/local-government/audits/city/2022/11/04/city-lockport-budget-review-b22-1-8DiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… adjusts to the loss of $15 billion in congestion pricing revenue and decides which capital projects to cancel or delay, it must prioritize … until it identifies realistic and sustainable replacement revenue.” As the MTA reconsiders which capital projects to … adjusts to the loss of $15 billion in congestion pricing revenue and decides which capital projects to cancel or delay …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingDiNapoli: NYS Pension Fund Commits $50 Million to NY Small Business Investment Fund
The New York State Common Retirement Fund has committed $50 million to a private equity fund managed by Hamilton Lane aimed at supporting small businesses across New York State Comptroller Thomas P DiNapoli trustee of the Fund announced today
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-nys-pension-fund-commits-50-million-ny-small-business-investment-fundState Comptroller DiNapoli Releases Municipal Audits
… agent did not ensure that goods and services were procured in accordance with the purchasing policy and procedures. … fund balance levels, which ultimately resulted in a higher-than-necessary tax levy. The board consistently underestimated revenues in the general and highway funds. As a result, unrestricted …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund
… announced that Vicki Fuller, chief investment officer of the New York State Common Retirement Fund (Fund), will … investment returns, averaging an annual growth rate of more than 8.75 percent. The Fund has gained significant value and led the nation as one of the best managed public pension funds. Her legacy and …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-announces-vicki-fullers-retirement-cio-nys-common-retirement-fundDiNapoli Announces Interim CIO for the New York State Common Retirement Fund
… whose tenure the Fund has reached a record annual value and provided annualized investment returns that exceed our … who brings a wealth of experience to the position and has proven her skill and knowledge over her years as our Deputy CIO. I have great …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-announces-interim-cio-new-york-state-common-retirement-fundState Comptroller DiNapoli Releases Municipal Audits
… and effectively." Cattaraugus County – Onoville Marina and Probation Department (2018M-32) Marina employees did not accurately record the number of … and reported the correct amount of corresponding sales. Marina employees did not issue duplicate receipts for all …
https://www.osc.ny.gov/press/releases/2018/09/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Municipal Audits
… announced his office completed audits of the Half Hollow Hills Community Library , City of Newburgh , Onondaga County … is being spent appropriately and effectively." Half Hollow Hills Community Library – Fund Balance (Suffolk County) The … announced his office completed audits of the Half Hollow Hills Community Library City of Newburgh Onondaga County …
https://www.osc.ny.gov/press/releases/2018/11/state-comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases Municipal Audits
… $42,200 during the audit period. Village of Greenwich – Water and Sewer Financial Operations (Washington County) The Village lacked effective procedures to ensure water and sewer charges were accurately billed, collected and … 170,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract FOIL …
https://www.osc.ny.gov/press/releases/2020/04/comptroller-dinapoli-releases-municipal-audits-0Far Rockaway Pre-School Executive Director Sentenced to Jail Time for Theft of Education Funds Intended for Special Needs Students
… Daniel Laniado, 45, of Brooklyn, and Roy Hoffmann, 54, of Woodmere – were indicted on the alleged thefts in 2014. All … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State … of Investigations, 14th Floor, 110 State St., Albany, NY 12236. Review prior cases at …
https://www.osc.ny.gov/press/releases/2018/03/far-rockaway-pre-school-executive-director-sentenced-jail-time-theft-education-funds-intended-specialDiNapoli Releases Analysis of Revised Executive Budget
… January were $2.3 billion below the Division of Budget’s (DOB) initial Executive Budget projections. DOB has reduced estimates of tax receipts for the current and … of its response to the shortfall in SFY 2018-19 receipts, DOB also plans to use more than $1.5 billion in resources of …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-releases-analysis-revised-executive-budgetDiNapoli Proposes Option to Help State & Local Governments Pay for Retiree Health Care
… Comptroller Thomas P. DiNapoli today announced legislation to create an optional investment pool to help the state and local governments fund retiree health insurance and other post employment benefits (OPEB). … Comptroller Thomas P DiNapoli today announced legislation to create an optional investment pool to help the state and …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposes-option-help-state-local-governments-pay-retiree-health-careOpinion 92-47
… provisions relative to surcharges for enhanced emergency telephone systems. Section 307 of the County Law provides … shall accrue to and become a part of such fund; Local Finance Law, §165.00[b][3], restricting the use of interest …
https://www.osc.ny.gov/legal-opinions/opinion-92-47XVI.4.D Receivables Other Than Income Taxes and Federal Grants – XVI. Financial Reporting
… Policy References: Section 40-a of the State Finance Law generally sets forth the basis for recognizing an appropriated loan receivable. Process and Document Preparation: There are two categories of receivables on the Statement of Net Position and Balance … Section 40a of the State Finance Law generally sets forth the basis for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4d-receivables-other-income-taxes-and-federal-grantsOtisco Fire District – Financial Activities (2025M-42)
… – February 4, 2025 Understanding the Program The Board is responsible for the general management and control of … $130,435 were not approved by the Board prior to payment. 26 claims totaling $19,479 lacked adequate supporting … to our brochure, Responding to an OSC Audit Report , which you received with the draft audit report. We encourage the …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/08/01/otisco-fire-district-financial-activities-2025m-42State Comptroller DiNapoli Releases Municipal & School Audits
… operational needs than was needed by appropriating fund balance to balance the budget when the appropriations weren’t needed. … board and district officials accumulated significant fund balance. The variances between the budgets district officials …
https://www.osc.ny.gov/press/releases/2026/02/state-comptroller-dinapoli-releases-municipal-school-auditsState Comptroller DiNapoli Details Progress on Corporate Political Spending Disclosure
… Inc., and Garmin Ltd., requesting similar comprehensive disclosure of political spending. The agreements were reached … agendas,” DiNapoli said. “Comprehensive political spending disclosure is a corporate accountability priority for our … and their shareholders of these risks, comprehensive disclosure of corporate political spending has become a …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-details-progress-corporate-political-spending-disclosureFederal Spending by Major Funding Streams and Functions – Federal Funding and New York
… share of federal receipts – an estimated 87 percent in SFY 2026 – supports health and human services programs. Federal … Disbursements in New York State Budget by Function, SFY 2026 Note: Figures are as projected in January 2025 Source: … providing assistance to New Yorkers include the Low Income Home Energy Assistance Program and meals for school …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/federal-spending-major-funding-streams-and-functionsXI.3 Submission of Agency Purchase Orders – XI. Procurement and Contract Management
… the process and documentation requirements for purchase order submittals subject to OSC approval. Purchase orders … the standard terms and conditions associated to a purchase order (see Purchase Order Standard Terms and Conditions for additional … the process and documentation requirements for purchase order submittals subject to OSC approval …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi3-overview