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DiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… $8.9 billion in FY 2025 and $13.9 billion in FY 2027 (18% of city-fund revenues), even when adjusting for stronger … taxpayers on budgetary decisions.” Since adoption in June, the FY 2023 budget has added few new costs, while …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadCantalician Center for Learning – Compliance With the Reimbursable Cost Manual
… reported by Cantalician Center for Learning (Cantalician) on its Consolidated Fiscal Reports (CFRs) were properly … not-for-profit special education provider located in Depew, serving students from Erie, Genesee, and Niagara … 30, 2017, Cantalician reported approximately $2.23 million in reimbursable costs on its CFRs for two rate-based special …
https://www.osc.ny.gov/state-agencies/audits/2023/01/26/cantalician-center-learning-compliance-reimbursable-cost-manualThe Arc Erie County New York – Compliance With the Reimbursable Cost Manual
… children with disabilities who are between 3 and 4 years of age. SED sets the special education rates based on … by the accounting firm during the same 365-day period of the CFR and financial statement audit. $914 in … rates, if warranted. Remind Arc Erie’s officials of the pertinent SED requirements that relate to the …
https://www.osc.ny.gov/state-agencies/audits/2022/12/06/arc-erie-county-new-york-compliance-reimbursable-cost-manualDiNapoli: Public Authority Debt Ballooned to $329 Billion
… an increase of 23% ($61.5 billion) since 2017, according to a report released today by State Comptroller Thomas P. DiNapoli. “Many of New York’s public authorities play a major role in state … in the Public Authorities Reporting Information System (PARIS), an online data entry and collection system. They use …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-public-authority-debt-ballooned-329-billionComptroller DiNapoli and A.G. Schneiderman Announce Felony Guilty Plea of Former City of Rensselaer DPW Commissioner for Stealing Scrap Metal Proceeds
… encourages the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-and-ag-schneiderman-announce-felony-guilty-plea-former-city-rensselaer-dpwXII.6 Unique Payment Situations – XII. Expenditures
… differs from the normal policies and processes required by the Office of the State Comptroller …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6-unique-payment-situationsSmall Businesses and the Economic Recovery: Work in Progress
… and reporting data through the Small Business Pulse Survey , New York’s small businesses have consistently … Source: U.S. Census Bureau, Small Business Pulse Survey As the economy reopened and began its recovery, small …
https://www.osc.ny.gov/reports/small-businesses-and-economic-recovery-work-progressE&D Children Center, Inc. – Compliance With the Reimbursable Cost Manual
… $260,173 in non-mandated fringe benefits expenses (e.g., pension, health insurance) that were not proportionately …
https://www.osc.ny.gov/state-agencies/audits/2021/11/16/ed-children-center-inc-compliance-reimbursable-cost-manualNYS Comptroller DiNapoli: Wall Street’s 2021 Bonuses Set a New Record
… results have not yet been released, they are expected to show continued profitability, which would represent the sixth …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-wall-streets-2021-bonuses-set-new-recordDiNapoli: New Yorkers Could Lose $72B in Reported State and Local Tax Deductions Under Trump Plan
… New York residents stand to lose more than $72 billion in reported deductions for income and property taxes if … standard deduction and personal exemptions could result in higher tax bills for some New Yorkers and only modest … and local finances in ways that are hard to predict." On Sept. 27, 2017, Congressional Republican leaders and the …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-new-yorkers-could-lose-72b-reported-state-and-local-tax-deductions-under-trump-planXI.4 Overview – XI. Procurement and Contract Management
… by ensuring that critical services are provided. Not-for-profit entities generally provide these services. … of these agreements, including delineation of requirements for the assessment, suspension or waiver of interest … related to grant contracting, specifically: Not-for-Profit Prompt Contracting Standard Contract Language for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi4-overviewDiNapoli Releases Analysis of 2022-23 Enacted State Budget
… better-than-expected revenues allowed for a steep increase in spending in the $220.5 billion enacted state budget for State Fiscal … of jobs continued. In addition, increased tax rates on businesses and high-income taxpayers beginning in 2021 …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budgetNew York State Pension Fund Sets 2040 Net Zero Carbon Emissions Target
… to a net zero portfolio by 2040 will protect the Fund, current and future retirees, and taxpayers from unacceptable …
https://www.osc.ny.gov/press/releases/2020/12/new-york-state-pension-fund-sets-2040-net-zero-carbon-emissions-targetOpinion 91-37
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. FINES AND PENALTIES -- Disposition of Parking … Law, §235). Such tribunals may also have jurisdiction in other specific instances (see Vehicle and Traffic Law, …
https://www.osc.ny.gov/legal-opinions/opinion-91-37DiNapoli: Two Western NY BOCES Holding Millions in Surplus Funds
… Educational Services (BOCES) withheld millions of dollars in surplus funds that should have been refunded to local … P. DiNapoli. “Excessive amounts of money can sit unused or in unauthorized reserve funds because of flawed budget … spending, public authority financial data and information on 50,000 state contracts, visit Open Book New York . The …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-two-western-ny-boces-holding-millions-surplus-fundsComptroller DiNapoli and Attorney General Schneiderman Announce Three Arrests in $200,000 Contract Fraud
… and Attorney General Eric T. Schneiderman today announced the arrests of three contractors for conspiring to defraud … out corruption in New York.” “These greedy contractors sought to profit by defrauding the state, and now they are … contracts with the state Office of General Services from 2010 to 2012 on state contracts for heating, …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-and-attorney-general-schneiderman-announce-three-arrests-200000-contract-fraudDiNapoli Statement on Special Education Provider Guilty Plea in Federal Court
… help they need. His guilty plea today stands as a warning for those who attempt to cheat taxpayers and exploit gaps in … oversight. I’d like to thank U.S. Attorney Preet Bharara for prosecuting Park and working with my investigators and … York City’s Department of Education nearly $1.5 million for salaries, vehicle leases and items such as cosmetics and …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-statement-special-education-provider-guilty-plea-federal-courtDiNapoli Audit Finds Hundreds of Millions of Dollars in Medicaid Payments Went to Providers Not Enrolled in the Program
… equipped and eligible to deliver services. “The deadline for managed care organizations and their providers to comply … a better job ensuring the program’s integrity.” DOH pays for Medicaid in two ways — fee-for-service and managed care. Under fee-for-service, DOH pays …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-audit-finds-hundreds-millions-dollars-medicaid-payments-went-providers-not-enrolled-programDiNapoli Report Highlights Where New Yorkers Work
… ways since 2000 with the health care and social assistance industries increasing their share of total … care and social assistance had the greatest increase in jobs since 2019, with the sector now comprising nearly one in … in three jobs statewide were in four occupational groups: office and administrative support, sales and related …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-report-highlights-where-new-yorkers-workPositive Beginnings, Inc. – Compliance With the Reimbursable Cost Manual
To determine whether the costs reported by Positive Beginnings Inc Positive Beginnings on its Consolidated Fiscal Reports CFRs were reasonable necessary directly related to the special education program and sufficiently documented pursuant to the State Education Departments SED
https://www.osc.ny.gov/state-agencies/audits/2024/03/13/positive-beginnings-inc-compliance-reimbursable-cost-manual