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NYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated … with an estimated value of $197.3 billion, according to New York State Comptroller Thomas P. DiNapoli. "Like other … quarter and 3.47 percent in the second quarter. About the New York State Common Retirement Fund The New York State …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… clearly fragile in this volatile financial climate. Wall Street continued to exceed expectations in the quarter, but Main Street is suffering. Our economy needs additional federal …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli Releases Annual IDA Report
New Yorks 106 local Industrial Development Agencies IDAs reported 4282 active projects with a record high total value of nearly $136 billion in fiscal year end FYE 2023 an increase of 31 or over $4 billion from the prior year according to an annual report released today by State Comptroll
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-releases-annual-ida-reportXVI.2 Financial Reporting Policies – XVI. Financial Reporting
… Finance Law requires the Comptroller to prepare periodic financial reports in accordance with GAAP. GASB Statements … in the Codification of Governmental Accounting and Financial Reporting Standards (GASB Codification). Specific … GASB issued Statement 62, Codification of Accounting and Financial Reporting Guidance Contained in Pre-November 30, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi2-financial-reporting-policiesDiNapoli: Audit Finds NYC Needs to Improve Income Verification and Enforcement at Mitchell-Lama Housing
… Some residents of Mitchell-Lama apartments in New York City make far more than the program’s … of affordable housing in New York demands that subsidized apartments go to the families who need them,” DiNapoli said. … isn’t the case. HPD needs do a better job of ensuring that apartments are occupied by qualified residents and protect …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-audit-finds-nyc-needs-improve-income-verification-and-enforcement-mitchell-lama-housingDiNapoli: Neighborhood Banks Helping Stabilize, Revitalize City Communities
… Thomas P. DiNapoli today visited Ridgewood Savings Bank, in Clinton Hill, Brooklyn and Spring Bank, in the South Bronx, to highlight the importance of … deposited $10 million in state funds in each of the two bank branches. "Residents of New York City, and the …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-neighborhood-banks-helping-stabilize-revitalize-city-communitiesCity of Yonkers – Budget Review (B25-6-6)
… [read complete report – pdf] Purpose of Budget Review The purpose of our … The Office of the State Comptroller, as Fiscal Agent for the City of Yonkers (City), determined that the City’s adopted budget for fiscal year 2025-26 and the related justification …
https://www.osc.ny.gov/local-government/audits/city/2025/07/02/city-yonkers-budget-review-b25-6-6Opinion 91-39
… as a town employee, upon retiring from both positions, may be re-appointed as a trustee without diminution of his or her … employee may retire from both positions, and subsequently be re-appointed to the position of trustee without diminution … of his or her retirement allowance. If he or she may be re-appointed, you also question the effect on this …
https://www.osc.ny.gov/legal-opinions/opinion-91-39Opinion 88-29
… mayor of a village, in his private capacity, purchases a parcel of land from the village industrial development agency … the mayor of a village in his private capacity purchases a parcel of land from the village industrial development agency …
https://www.osc.ny.gov/legal-opinions/opinion-88-29DiNapoli: State Agency Overtime Costs Increased 10.2% in 2024, Up 1.8M Hours Over 2023
… for a total of $1.3 billion, while the number of overtime hours increased by 7.8%, or 1.8 million hours higher than the previous year, according to the annual … employees, and agencies need to ensure the use of overtime hours is justified and services are delivered safely and …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-state-agency-overtime-costs-increased-10.2-percent-in-2024-up-1.8m-hours-over-2023Employment Recovery Is Slow for New Yorkers with Disabilities
… face unique daily challenges that can present barriers to employment. The COVID-19 pandemic led to soaring unemployment … the continued need for solutions that facilitate increased employment for people with disabilities in New York. … Policy. New York has made new efforts to increase opportunities for people with disabilities. In 2022, …
https://www.osc.ny.gov/reports/employment-recovery-slow-new-yorkers-disabilitiesKids in Action of Long Island, Inc. – Compliance With the Reimbursable Cost Manual
… Objective To determine whether the costs reported by Kids in Action of Long Island, Inc. (Kids in Action) on its Consolidated Fiscal Report (CFR) were … (CFR Manual). The audit covered expenses reported on Kids in Action’s CFR for the fiscal year ended June 30, 2015. …
https://www.osc.ny.gov/state-agencies/audits/2022/03/04/kids-action-long-island-inc-compliance-reimbursable-cost-manualCity of Yonkers – Budget Review (B24-6-6)
… $45 million to liquidate current deficits in the City School District’s general fund as of June 30, 2014. Chapter … estimates for temporary municipal assistance, police, real estate transfer tax, city and state mortgage tax, housing and …
https://www.osc.ny.gov/local-government/audits/city/2024/05/20/city-yonkers-budget-review-b24-6-6DiNapoli: Sales Tax Collections Growth Slowed in First Half of 2015
… (1.2 percent), the Mohawk Valley (1.0 percent), the Finger Lakes (0.4 percent) and the Mid-Hudson region (0.4 percent). …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-sales-tax-collections-growth-slowed-first-half-2015DiNapoli: Economic and Tax Collection Growth Slowing in New York City
… budgeting going forward amid slowing economic growth and tax collections, according to a report on the city’s … been boosted by strong economic growth and conservative tax revenue forecasts in recent years,”DiNapoli said. “While … than 2 percent in 2016. In addition, the growth in city tax collections slowed to 3.6 percent in FY 2016 after …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityDiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… to grow as the year progresses even though job growth and tax collections are slowing, according to a report released … "The city’s economy is strong, but job growth and tax collections in the near future are unlikely to be as … more difficult than in recent years because the growth in tax collections has slowed. Tax revenue grew at an average …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsDiNapoli: State Health Department Missed $119 Million in Rebates from Drug Companies
… $119.3 million in rebates during the audit period of Oct.1, 2011 to June 30, 2014. DOH uses information from …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-health-department-missed-119-million-rebates-drug-companiesDiNapoli: People With Disabilities in New York City Have Higher Unemployment Rates and Lower Incomes
… when it comes to employment, a cornerstone of the American dream, we have great work ahead of us, “ said Ted Kennedy …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-people-disabilities-new-york-city-have-higher-unemployment-rates-and-lower-incomesOpinion 93-11
… issues discussed in the opinion. BONDS AND NOTES -- Debt Limit (computation of with respect to installment purchase … (computation of 115% limitation) WORDS AND PHRASES -- "Outstanding Indebtedness" (meaning for purposes of General … LAW, §109-b(6)(c); LOCAL FINANCE LAW, §104.00: The term "outstanding indebtedness" as used in General Municipal Law, …
https://www.osc.ny.gov/legal-opinions/opinion-93-11State Fiscal Year 2021-2022 Report on Preschool Special Education
The State Education Department (SED) oversees special education programs in New York State that provide services to students with a disability between the ages of 3 and 21. While most school-age students with a disability in New York receive their educational services from public school ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/seit-annual-report-2021-2022.pdf