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DiNapoli: 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-2023DiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… for the next fiscal year, helping the city balance its FY 2025 executive budget, according to a report released today … average of more than $200 million annually beginning in FY 2025. New York City has generated substantial savings from … net savings of $2.6 billion in FY 2024, $2.3 billion in FY 2025, and an average of nearly $2.2 billion in the out-years, …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsDiNapoli: ESD Falls Short in Reporting Results of Economic Development Programs
… to meet more than half of the reporting requirements for tax credit and job creation programs, diminishing … allocation of hundreds of millions of dollars in loans, tax credits and other incentives to private companies, … to meet more than half of the reporting requirements for tax credit and job creation programs diminishing transparency …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-esd-falls-short-reporting-results-economic-development-programsState Ends 2015-16 Fiscal Year with Strong Cash Position Largely From Temporary Resources
… short of expectations. PIT collections rose $3.3 billion, or 7.7 percent, from the previous year, to more than $47 … increase in PIT collections in April 2015 of $1.4 billion, or 25.5 percent above April 2014, as a result of strong … also finds: Sales and use taxes increased by 2.8 percent, or $367.7 million, over SFY 2014-15. Sales tax collections …
https://www.osc.ny.gov/press/releases/2016/05/state-ends-2015-16-fiscal-year-strong-cash-position-largely-temporary-resourcesDiNapoli: State Agency Overtime Costs Decreased 11.6% in 2023, First Decline Since 2016
… decrease was led by declines in overtime hours at three of the five agencies that are historically the largest … two-thirds of the state’s overtime hours in 2023. The Department of Corrections and Community Supervision (Corrections), the …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-agency-overtime-costs-decreased-116-2023-first-decline-2016DiNapoli: Canal Corp. Must Address Gaps
… should immediately seek all available funding for infrastructure repair, make sure all inspections are getting … agreement, as allowed by law, with the state Department of Transportation to cover inspection responsibilities for all … by its provisions; Improve the process for prioritizing infrastructure maintenance; Ensure all high- and …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-canal-corp-must-address-gapsNY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… will restrict its investments in eight integrated oil and gas companies, including Exxon Mobil Corp., after a review of … today. The evaluation of the Fund’s integrated oil and gas holdings is part of DiNapoli’s broader review of the … managed public equity holdings in eight integrated oil and gas companies that it has determined are not …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investDebt – 2023 Financial Condition Report
… Debt Levels in Coming Years The SFY 2023-24 Enacted Budget Five-Year Capital Program and Financing Plan projects … over the next five years, declining to $3.7 billion in SFY 2027-28. For both SFYs 2020- 21 and 2021-22, new debt issuances …
https://www.osc.ny.gov/reports/finance/2023-fcr/debtComptroller DiNapoli & A.G. Schneiderman Announce Charges Against Florida Resident For Allegedly Stealing Over $148k In NYS Pension Benefits
… Attorney General Schneiderman for following up on this case." "Stealing from New York’s pension system hurts … Division of Investigations and the Attorney General. This case is the latest joint investigation under the Operation … General Schneiderman thank the City of Tamarac Road Patrol and Broward County Sheriff’s in Florida for their …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-ag-schneiderman-announce-charges-against-florida-resident-allegedly-stealingVirtual Currency Licensing
… To determine whether the Department of Financial Services (DFS) provides adequate oversight of the applications for, and … period from July 2018 through July 2023. About the Program DFS is New York State’s financial services regulator, and its … financial institutions licensed to operate in the State. DFS supervises and regulates the activities of nearly 3,000 …
https://www.osc.ny.gov/state-agencies/audits/2024/01/02/virtual-currency-licensingState Comptroller DiNapoli Releases Municipal & School Audits
… Board of Cooperative Educational Services (BOCES) – Electricity Contract Monitoring and Billing (Dutchess County) BOCES officials did not monitor electricity rates to ensure they were at the lowest possible cost or ensure that invoices for electricity usage were accurate. Had officials monitored the …
https://www.osc.ny.gov/press/releases/2023/09/state-comptroller-dinapoli-releases-municipal-school-audits-1DiNapoli: Emergency Rental Assistance Program Rebounds After Slow Start
… and Erie County (2.5%). For most eligible households, ERAP covered up to 12 months of back rent, utility bills and some … waived late fees. “The Emergency Rental Assistance Program got off to a slow start in New York, at a time of great …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-emergency-rental-assistance-program-rebounds-after-slow-startFare Evasion (Follow-Up)
… Objective To determine the extent of implementation of the 19 recommendations included in our initial audit report, Fare Evasion ( 2019-S-7 ). Background The Metropolitan Transportation Authority (MTA) is North … To determine the extent of implementation of the 19 recommendations …
https://www.osc.ny.gov/state-agencies/audits/2023/06/22/fare-evasion-followState Comptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2023/02/state-comptroller-dinapoli-releases-school-auditsSteuben County – Financial Management (2025M-127)
… The County’s two main operating funds are the general and road funds, for which 2025 appropriations totaled $213.7 … respectively. As of December 31, 2024, the general and road funds had unrestricted fund balances that totaled $118.9 million. The general and road funds are primarily funded by sales tax (general fund …
https://www.osc.ny.gov/local-government/audits/county/2025/12/31/steuben-county-financial-management-2025m-127DiNapoli Finds Over $100 Million in Inappropriate Medicaid Payments
… today released three reports that found more than $100 million in improper payments made by the Department of Health … 2021, New York’s Medicaid program had approximately 7.3 million recipients and claim costs totaled more than $68 … requirements. Auditors found Medicaid made $31.7 million in improper Medicare premium payments from Jan. 1, …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-finds-over-100-million-inappropriate-medicaid-paymentsNew York's Prison Population Continues Decline, But Share of Older Adults Keeps Rising
… The state’s prison population declined by half from March 2008 to March 2021, but the population of individuals aged 50 and … of older incarcerated individuals has grown from 7,511 in March 2008 to 7,586 in March 2021. As a percentage of the … The states prison population declined by half from March 2008 to March 2021 but the population of individuals …
https://www.osc.ny.gov/press/releases/2022/01/new-yorks-prison-population-continues-decline-share-older-adults-keeps-risingDiNapoli: 31 School Districts Designated in Some Level of Fiscal Stress
… Thirty-one school districts statewide were designated in fiscal stress … P. DiNapoli’s Fiscal Stress Monitoring System for the school year ending on June 30, 2020. “This is a time of … uncertainty as the COVID-19 pandemic continues to disrupt school district operations and finances,” DiNapoli said. “I …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-31-school-districts-designated-some-level-fiscal-stressDiNapoli: New Yorkers’ Debt on the Rise
… of $53,830 at the end of 2021. While New Yorkers trail the national average debt burden ($55,810), student loan and credit card debt per capita were well above the national average, with student loan balances 335% higher than … to build a stronger financial future.” At the end of 2021, national household debt totaled $15.6 trillion with New York …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-new-yorkers-debt-riseDiNapoli: NYSLRS Announces Employers' Retirement System Contribution Rates for 2023-2024
… demands caution,” DiNapoli said. “As we move forward with our prudent investment strategy, we remain focused on … Administrators (NASRA), the only other state pension fund with an assumed rate of return lower than New York’s state … beneficiaries. In 2012, DiNapoli began providing employers with access to a two-year projection of their annual pension …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyslrs-announces-employers-retirement-system-contribution-rates-2023-2024