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Opinion 96-6
… This opinion represents the views of the Office of the State Comptroller at the time … to procurement of insurance) GENERAL MUNICIPAL LAW, §§104-b, 800(3): A town supervisor who places insurance … is deemed to have an "interest" in the contracts of a firm, partnership or association of which he or she is a …
https://www.osc.ny.gov/legal-opinions/opinion-96-6State Agencies Bulletin No. 1020
… provides for a 3% Salary Increase for employees who, on or after the effective date of the increase, have a status of Active, Paid Leave, or Leave of Absence due … reported in the single entry based on the salary in effect on the Earnings End Date. Therefore, the agency must …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1020-implementation-general-salary-and-other-increases-non-arbitrationState Agencies Bulletin No. 1022
… of the Laws of 2010 which implements the agreement between New York State and Council 82 Security Supervisors Unit (BU91) and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1022-implementation-general-salary-and-other-increases-non-arbitrationDiNapoli: Wall Street Bonuses Slip From 2006 Record
… Average Wall Street bonuses in 2007 declined 4.7 percent from record levels in the prior year to $180,420 even though … an estimate State Comptroller Thomas P. DiNapoli released today. “The securities industry rewarded employees who … $11 billion in 2007, which is less than one fifth of the $60 billion record set in 2006. Employee compensation, which …
https://www.osc.ny.gov/press/releases/2008/01/dinapoli-wall-street-bonuses-slip-2006-recordNYS Common Retirement Fund Announces Third Quarter Results
… return in the third quarter of the Fund’s 2015-2016 fiscal year was 2.88 percent for the three-month period ending Dec. … value is determined by an audit at the end of its fiscal year. About the New York State Common Retirement Fund The New … managed and best funded plans in the nation. Its fiscal year ends March 31, 2016. … The New York State Common …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli Releases July State Cash Report
… DiNapoli said. "Federal receipts have grown, but that may change depending upon developments in Washington." All Funds receipts totaled $48.6 billion, an increase of $666.9 million or 1.4 percent from a year earlier. All … totaled $23.1 billion through July 31, a decline of $1.1 billion or 4.6 percent from the same period last …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-releases-july-state-cash-reportDiNapoli Releases Analysis of State Budget Financial and Capital Plans
… as well as other budget management actions; Spending on Capital Projects Decreasing: Capital spending is … are necessary to avoid exceeding the statutory limit on outstanding debt. Actual capital spending in SFY 2017-18 …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-releases-analysis-state-budget-financial-and-capital-plansNYS Common Retirement Fund Announces First Quarter Results
… The New York State Common Retirement Fund's (Fund) overall estimated value in the first quarter of … Year 2018-2019 was $209.2 billion, based on a 1.53 percent investment return over the three-month period ending June 30, …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: Special Education Contractor Convicted for $2 Million Fraud
… Southern District Preet Bharara, was sentenced today to 24 months incarceration and ordered to pay $2,151,318 in restitution and forfeit another … sentenced today to 24 months incarceration and ordered to pay $2151318 in restitution and forfeit another $1924318 …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-special-education-contractor-convicted-2-million-fraudDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… increasing the planned budget gap to about $8.9 billion in FY 2025 and $13.9 billion in FY 2027 (18% of city-fund revenues), even when adjusting … amid staffing challenges. Significant risks remain in the city’s financial plan, although its recent agreement …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadDiNapoli: State Tax Receipts Exceed Latest Projections by $7.7 Billion
… receipts totaled $79.8 billion through the third quarter of State Fiscal Year (SFY) 2022-23, exceeding the latest projections from the Division of the Budget’s (DOB) Mid-Year Update to the State Financial … through December,” DiNapoli said. “However, concerns of an economic downturn and a cloudy revenue picture continue …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-tax-receipts-exceed-latest-projections-7-point-7-billionDiNapoli Releases Analysis of 2023-24 Enacted State Budget
… and $4.4 billion lower than projections in the Division of the Budget’s (DOB) 2024 Updated Executive Budget Financial Plan, the most recent plan available. The decline … consistently pointed out, the state has underfunded its statutory reserve funds for decades. Some progress has been …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-releases-analysis-2023-24-enacted-state-budgetDiNapoli Releases Analysis of 2022-23 Enacted State Budget
… to $27.7 billion for SFY 2023-24. Other notable spending increases in SFY 2022-23 are intended to address impacts of … billion in personal income taxes in SFY 2021-22. The rate increases will sunset in 2023 and 2027, respectively. All …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budgetDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… (FY) 2021 because of better-than-projected revenues from income and corporate taxes, debt service savings from lower … other sectors have boosted personal income and business tax revenues to soften the blow,” DiNapoli said. “However, … including a one-time reimbursement of $212 million from NYC Health + Hospitals. The city was also able to lower …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-loomingSummit Security Services, Inc. (Summit)
… Chisholm State Office Building; the Adam Clayton Powell, Jr. State Office Building; and the James A. Farley Building … who provided services at the Adam Clayton Powell Jr. State Office Building during calendar year 2017 took a …
https://www.osc.ny.gov/state-agencies/audits/2020/08/03/summit-security-services-inc-summitComptroller DiNapoli and Attorney General Schneiderman Announce Three Arrests in $200,000 Contract Fraud
… defraud the taxpayers of over $200,000,” DiNapoli said. ”My office will continue to monitor public expenditures, …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-and-attorney-general-schneiderman-announce-three-arrests-200000-contract-fraudDiNapoli: New York City Projecting $3.4 Billion Surplus for 2016
… New York City is projecting a surplus of $3.4 billion for … be used to narrow the gaps. DiNapoli’s report notes that New York City’s financial plan does not reflect the full …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-new-york-city-projecting-34-billion-surplus-2016DiNapoli: State Tax Receipts Outpaced Projections Through December
… (SFY) 2024-25, $1.2 billion higher than estimates released in the Division of the Budget’s (DOB) Mid-Year Update to the Enacted Budget Financial Plan. On a year-over-year … P. DiNapoli. “Strong financial markets and economic growth have propelled the state’s revenues through December,” …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-state-tax-receipts-outpaced-projections-through-decemberDiNapoli Releases Analysis of Federal Funding for New York City
… New York City’s proposed Fiscal Year (FY) 2026 operating budget relies on $7.4 billion in federal … at least $535 million of federal aid in FY 2025 and FY 2026, but notes that nearly all federal operating aid that … to nearly $400 million in FY 2025 and $135 million in FY 2026. However, this only considers budgeted amounts as of the …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-releases-analysis-federal-funding-new-york-cityMotor Vehicle Financial Security and Safety Responsibility Acts: Assessable Expenses for the Fiscal Year Ended March 31, 2014 (2015-S-7), 90-Day Response
The purpose of this performance audit was to determine whether the Department of Motor Vehicles (Department) has adequate procedures in place to accurately repo
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-15s7-response_0.pdf