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New York State Comptroller Thomas P. DiNapoli Statement on Fitch Ratings' Upgrade of NYS General Obligation Bonds
… “New York state is in its strongest financial condition in years, and today's upgrade by Fitch Ratings, following a … New York state is in its strongest financial condition in years and todays upgrade by Fitch Ratings following a …
https://www.osc.ny.gov/press/releases/2014/06/new-york-state-comptroller-thomas-p-dinapoli-statement-fitch-ratings-upgrade-nys-general-obligationDiNapoli: Wall Street Bonuses Rose Sharply in 2009
… industry employees rose by 17 percent to $20.3 billion in 2009, according to an estimate released today by State … industry profits could exceed an unprecedented $55 billion in 2009, nearly three times greater than the previous all-time record. In 2008, the industry lost a record $42.6 billion. “Wall …
https://www.osc.ny.gov/press/releases/2010/02/dinapoli-wall-street-bonuses-rose-sharply-2009Opinion 94-5
… and distribute a report relative to the fiscal affairs and official acts, programs and meetings of "boards, commissions, … of the town, it does not, in our view, provide authority for the publication of articles by individual members of a … of boards, commissions, departments or agencies as bodies is supported by the legislative history of chapter 161 of the …
https://www.osc.ny.gov/legal-opinions/opinion-94-5DiNapoli: Local Sales Tax Collections Up 2.5% in October Compared to Last Year
… collections, as was seen in the years before the pandemic, is a positive sign of stability and could help local officials better estimate this source of revenue.” For October 2023, compared with October 2022: New York City’s collections totaled $809 …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-local-sales-tax-collections-2-point-5-percent-october-compared-last-yearXI.11.C Banking Services Contracts – XI. Procurement and Contract Management
… requires that moneys received by a state officer in his official capacity shall be deposited into a bank or trust … requires that moneys received by a state officer in his official capacity shall be deposited into a bank or trust …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11c-banking-services-contractsLocal Sales Tax Collections up 10.2% in Third Quarter of 2022
… million, according to a report released today by New York State Comptroller Thomas P. DiNapoli. This is the second … in 2020 and 2021, bolstered overall growth for the state,” DiNapoli said. “Most local governments are … not opted to implement a local component of the state’s “gas tax holiday.” However, this only slightly offset overall …
https://www.osc.ny.gov/press/releases/2022/10/local-sales-tax-collections-up-10-point-2-percent-in-third-quarter-2022DiNapoli: Local Sales Tax Collections Up Nearly 12% in July
… Local sales tax collections in New York state increased by 11.9% in July compared to the same month in 2021, according to an analysis released today by State Comptroller Thomas P. DiNapoli. Overall, local … in July, despite the participation of many counties in the gas tax holiday,” DiNapoli said. “However, it is important …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-local-sales-tax-collections-nearly-12-percent-julyDiNapoli: Halfway Through the Year, Revenue Hole Persists
… created a profound degree of uncertainty, but one thing is clear – Washington must get its act together and help … of the Budget’s mid-year Financial Plan update and the official start of next year’s budget process in early November will provide a clearer picture for policymakers as they prepare to address our budget …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-halfway-through-year-revenue-hole-persistsState Government Accountability - Special Reports
… 2014 Annual Report, December 2014 Effective Oversight of the Tuition Assistance Program: Schools Can Avoid … Dual Employment – Agencies Can Strengthen Oversight of Employee Time and Attendance, December 2013 Health-Related An Analysis of Reasonable and Customary Out-of-Network Reimbursement …
https://www.osc.ny.gov/state-agencies/audits/state-government-accountability-special-reportsVendor Responsibility Review Process
… By law, State contracting entities may only award contracts to responsible … fully. Who determines responsibility It is the State contracting entity’s duty to evaluate the responsibility of … Responsibility Questionnaire, if required. The State contracting entity must fully review all information provided …
https://www.osc.ny.gov/state-vendors/vendrep/vendor-responsibility-review-processOpinion 96-17
… conference); (reimbursement of volunteer firefighters for tuition expenses incurred in completing certain college … based on a review of the program, determines that it is significantly devoted to the technical training of the … firefighters for the expenses of such a course. In 26 Opns St Comp, 1970, p 128, we expressed the opinion that a …
https://www.osc.ny.gov/legal-opinions/opinion-96-17Opinion 2002-17
… 392 NYS2d 482). The political subdivision may allow an agent to perform coordination and supervision functions on behalf of the political subdivision; however, the agent may not be one of the prime contractors (see General …
https://www.osc.ny.gov/legal-opinions/opinion-2002-17Green Island Union Free School District - Separation Payments (2019M-55)
… separation payment totaling $84,063 over a period of time, including $64,063 before his effective retirement … date. The District inappropriately provided an advance of $15,000 of separation pay to the former Business Manager. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/14/green-island-union-free-school-district-separation-payments-2019m-55State Agencies Bulletin No. 1930
… including ERAP activities. To facilitate tracking in the NYS Payroll System (PayServ), new Earnings Codes have been created. The tracking of these expenditures in PayServ is separate from tracking employee time and … by employees prior to commencement of work, as specified in the following table: Emergency Rental Assistance Program …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1930-processing-payments-activities-related-eligibility-determinationsOpinion 92-16
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … bear on the issues discussed in the opinion. CONFLICTS OF INTEREST -- Exceptions (contracts for rental of room owned … tax collector clerk justice and supervisor for the use of a portion of their homes as offices from which they …
https://www.osc.ny.gov/legal-opinions/opinion-92-16DiNapoli: MTA Faces Worst Financial Crisis in History
… or New York City, the MTA desperately needs an influx of federal funds or unheard of service cuts and workforce reductions will happen. Failure … 2024. The 2021 budget gap is more than half (53 percent) of the MTA’s annual projected revenue. The gaps in the …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-mta-faces-worst-financial-crisis-historyState Comptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. "By auditing municipal … County) Except for minor exceptions which we discussed with district officials, all of the claims reviewed by …
https://www.osc.ny.gov/press/releases/2018/01/state-comptroller-dinapoli-releases-municipal-auditsComptroller DiNapoli and Attorney General Schneiderman Announce Sentencing of Former Met Council Director
… former executive director and chief executive officer of the Metropolitan Council on Jewish Poverty (Met Council), … sentence sends the message that there has to be one set of rules for everyone, no matter how rich or powerful, and … from abusing the public trust and cheating charities out of the funds they need to perform vital services.” "The fraud …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-and-attorney-general-schneiderman-announce-sentencing-former-met-councilLocal Government – 2023 Financial Condition Report
… property tax revenues are the largest source of revenue for local governments. In local fiscal years ending (LFY) in 2021, property taxes accounted for $38.1 billion, or 42.1 percent, of total revenue ($90.5 billion) for local governments outside of New York City. School …
https://www.osc.ny.gov/reports/finance/2023-fcr/local-governmentComptroller DiNapoli & A.G Schneiderman Announce Sentencing of Former Met Council Director
… announced that David Cohen, former executive director of the Metropolitan Council on Jewish Poverty (Met Council), … from the taxpayer-funded nonprofit organization as part of a 20-year grand larceny and kickback scheme. Cohen … "This sentencing concludes a distressing and lengthy theft of funds meant to help New York's neediest citizens," said …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-ag-schneiderman-announce-sentencing-former-met-council-director