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NYS Comptroller DiNapoli: Wall Street's 2020 Bonuses Rose Amid Volatility
… of the bonus pool is unique after a recessionary event. Bonuses fell by 33 percent in 2001 after 9/11 and by 47 percent in 2008 after the Great Recession. Bonuses have fallen four times since 2008, with an average … in 2020. DiNapoli’s office releases an annual estimate of bonuses paid during the traditional December through March …
https://www.osc.ny.gov/press/releases/2021/03/nys-comptroller-dinapoli-wall-streets-2020-bonuses-rose-amid-volatilityNYS Common Retirement Fund Reports First Quarter Results
… and real assets (8.7 percent) and credit, absolute return strategies and opportunistic alternatives (5.5 percent). The …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsOpinion 91-63
… -- Purchases and Sales (town councilman who resides with president and owner of hardware store) GENERAL MUNICIPAL LAW, §801: A town councilman who resides with the owner and president of a hardware store and … in which the store is located, but has no relationship with the corporation which owns the hardware store, could …
https://www.osc.ny.gov/legal-opinions/opinion-91-63DiNapoli: Better Monitoring of "Leandra’s Law" Enforcement Needed
… activity. Auditors examined cases from Jan. 2010 through May 2015 and of the 215 cases reviewed with installed IIDs, …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-better-monitoring-leandras-law-enforcement-neededOpinion 91-31
… within the town. We assume that the town is a local health district (see Public Health Law, §§2[1][c], 302[2], 341). … to the health officer of the county or any local health district contained therein, it is the duty of the health … be paid by the chief fiscal officer of the local health district without further audit. Based upon the language in …
https://www.osc.ny.gov/legal-opinions/opinion-91-31Opinion 89-45
… employed as counsel to zoning board of appeals) ZONING AND PLANNING -- Zoning Board of Appeals (paying fixed amount … as counsel to zoning board of appeals) PUBLIC OFFICERS AND EMPLOYEES -- Compensation (fixed amount plus hourly rate … commenced under Article 78 of the Civil Practice Law and Rules (CPLR). Town Law, §267 authorizes town boards to …
https://www.osc.ny.gov/legal-opinions/opinion-89-45Opinion 88-8
… of the automotive dealership and abstains from voting with respect to any matters relating to the service … officer or employee has an interest in any contract with his municipality if he receives a direct or indirect … §§801, 802). Any contract willfully entered into by or with a municipality in which there is a prohibited interest …
https://www.osc.ny.gov/legal-opinions/opinion-88-8DiNapoli: Number of New Yorkers Going Hungry Increases Despite Improving Economy
… to rise,” DiNapoli said. “These benefits drove down the number of households facing food insecurity and food … as job growth continued steadily. Since March 2023, the number of monthly SNAP recipients decreased by 1.9% to about …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-number-new-yorkers-going-hungry-increases-despite-improving-economyDiNapoli: Audit Questions Payments Made to Supportive Housing Provider
… to an Altamont, N.Y. company that serves as a supportive housing provider for New Yorkers with mental illness. The … in expenses to provide 708 beds for program clients in Albany, Dutchess, Orange, Otsego, Schenectady, Schoharie, … the final report, which can be found at: http://osc.state.ny.us/audits/allaudits/093017/16s5.pdf To read a report …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-audit-questions-payments-made-supportive-housing-providerDiNapoli Calls for Improvements to Capital Planning Process
… dollars, federal aid and long-term borrowing proceeds – to support its capital program, with another $9.6 billion … policy makers to determine our most pressing needs and how much money is required to meet them." The New York Works … to authorize P3s provides public oversight to guard against the associated financial risks. The report's findings …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-calls-improvements-capital-planning-processRFQual #24-01 Medical Examiner Management Services
… Retirement and Social Security Law, is seeking to contract with entities able to provide the services of physicians … technical, and expert advice and opinion in connection with the medical examinations, and will testify at … is subject to, and shall be conducted in accordance with, the OSC Executive Order on Procurement Integrity and …
https://www.osc.ny.gov/procurement/rfqual-24-01Citywide Payment Services and Standards – Controls Over Payments
… While CPSS management states these reports do not need to match because they are only for internal use, information …
https://www.osc.ny.gov/state-agencies/audits/2024/08/01/citywide-payment-services-and-standards-controls-over-paymentsMaternal Health
… Objectives To determine whether the Department of Health (DOH) has implemented … mortality and morbidity in New York State; and whether DOH is effectively monitoring related actions and outcomes to … Yorkers and to reduce health disparities for populations who experience them. One focus area in DOH’s Prevention …
https://www.osc.ny.gov/state-agencies/audits/2024/07/30/maternal-healthSelected Management and Operations Practices – BuildSmart NY/Executive Order 88
… Objectives To determine whether the 20% reduction in energy use required by Executive Order 88 was achieved by April 1, 2020, and … April 2010 through June 2021. About the Program NYPA is a public authority created in 1931 by Title 1 of Article 5 of …
https://www.osc.ny.gov/state-agencies/audits/2023/09/28/selected-management-and-operations-practices-buildsmart-nyexecutive-order-88DiNapoli: Troy's Proposed Bond Financing for Its Lead Pipe Replacement Program Is Lawful and Constitutional
… response to a request from the Troy City Council, New York State Comptroller Thomas P. DiNapoli today issued an advisory … running afoul of the State Constitution’s prohibition on using public funds for private purposes. “Exposure to lead … Jake Ashby . “No parent should have to fear what comes out of their tap, and I’m proud that our initiative has …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-troys-proposed-bond-financing-its-lead-pipe-replacement-program-lawful-and-constitutionalVillage of Copenhagen – Transparency of Fiscal Activities (S9-24-15)
… Filed the required Annual Financial Report (AFR) with the Office of the State Comptroller (OSC), and Reported … Law) Section 4-408. Ensure the AFR was prepared and filed with OSC, as required by New York State General Municipal Law … review did not identify any significant fiscal concerns with the Village’s general fund for the fiscal year 2022-23, …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-copenhagen-transparency-fiscal-activities-s9-24-15Village of Great Neck – Transparency of Fiscal Activities (S9-24-20)
… or Report the results of the Village’s fiscal activities for the past four fiscal years to the public, as required by … fiscal concerns with the Village’s general fund for the fiscal year 2022-23, the Board’s ineffective …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-great-neck-transparency-fiscal-activities-s9-24-20Village of Almond – Transparency of Fiscal Activities (S9-24-14)
… an annual audit of the Village Chief Fiscal Officer’s (CFO) financial records and reports, Filed the required … 2022-23 financial records and reports, as required by New York State Village Law (Village Law) Section 4-408, Ensure …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-almond-transparency-fiscal-activities-s9-24-14Village of Hoosick Falls – Transparency of Fiscal Activities (S9-24-16)
… the results of the Village’s fiscal activities to the public in a transparent manner. Key Findings The Board’s ineffective oversight resulted in a lack of transparency with the public regarding the …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-hoosick-falls-transparency-fiscal-activities-s9-24-16Village of Pomona – Transparency of Fiscal Activities (S9-24-17)
… reports, Filed the required Annual Financial Report (AFR) with the Office of the State Comptroller (OSC), and Reported … ending May 31, 2021. Ensure the AFR was prepared and filed with OSC, as required by New York State General Municipal Law … errors and/or irregularities, and A lack of transparency with the public regarding the Village’s fiscal activities. …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-pomona-transparency-fiscal-activities-s9-24-17