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Town of Homer – Conflict of Interest (2022M-148)
… Town of Homer (Town) officials had prohibited interests in Town contracts. Key Findings One Board member is the … the Board member had a prohibited conflict of interest in the welding company’s contracts with the Town pursuant to … Adopt procedures to help prevent prohibited interests in contracts. Town officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/town/2022/12/23/town-homer-conflict-interest-2022m-148Tompkins County Industrial Development Agency – Project Approval and Monitoring (2021M-143)
… information is accurate. The Board did not ensure payments in lieu of taxes (PILOTs) were billed and paid in accordance with PILOT agreements. As a result, a business …
https://www.osc.ny.gov/local-government/audits/county/2021/12/17/tompkins-county-industrial-development-agency-project-approval-and-monitoringOpinion 88-66
… produced for hire ( Baltimore Orioles, Inc. v Major League Baseball Players Ass'n , 805 F2d 663 [7th Cir, 1986]; …
https://www.osc.ny.gov/legal-opinions/opinion-88-66State Comptroller DiNapoli: Costs Will Climb for Municipal Landfills
… and closed landfills, according to a report released today by State Comptroller Thomas P. DiNapoli. Much of these … active and closed landfills according to a report released today by State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-costs-will-climb-municipal-landfillsComptroller DiNapoli Releases Municipal Audits
… Northville Public Library – Cash Disbursements (Fulton County) The board did not audit and approve any cash … director had sole access to the library savings and money market bank accounts and withdrew more than $37,000 from …
https://www.osc.ny.gov/press/releases/2015/08/comptroller-dinapoli-releases-municipal-auditsDiNapoli Announces Scheduled Sale of $541M State of New York General Obligation Bonds
… bonds is scheduled for March 18. The state expects to sell $347.8 million of new money for transportation, …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-announces-scheduled-sale-541m-state-new-york-general-obligation-bondsDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… -6.2% 5.8% Global Equities 25.1% 3.7% Absolute Return Strategies 9.9% 3.2% Opportunistic Alternatives 7.8% 0.3% …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionDiNapoli Releases Bond Calendar for Second Quarter
… today announced a tentative schedule of planned bond sales for New York State, New York City and their major public authorities during the second quarter of 2026. The planned sales of $4.47 billion include $3.66 … million of refundings as follows: $4.13 billion scheduled for April, $3.56 billion of which is for new money purposes …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-releases-bond-calendar-second-quarterMedicaid Program – Improper Medicaid Payments for Terminated Drugs
… drug termination date. The audit covers the period July 1, 2014 through June 30, 2019. About the Program The State’s … and is overseen at the federal level by the Centers for Medicare & Medicaid Services (CMS). The Medicaid program covers medically necessary …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-improper-medicaid-payments-terminated-drugsDiNapoli Releases Bond Calendar for First Quarter
… Thomas P. DiNapoli today announced a tentative schedule of planned bond sales for New York State, New York City and their major public authorities during the first quarter of 2024. The planned sales of $4.36 billion include $3.11 … Thomas P DiNapoli today announced a tentative schedule of planned bond sales for New York State New York City and …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-releases-bond-calendar-first-quarterDiNapoli Releases Bond Calendar for Third Quarter
… Thomas P. DiNapoli today announced a tentative schedule of planned bond sales for New York State, New York City and their major public authorities during the third quarter of 2025. The planned sales of $10.8 billion include $7.21 … Thomas P DiNapoli today announced a tentative schedule of planned bond sales for New York State New York City and …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-releases-bond-calendar-third-quarterDiNapoli Releases Bond Calendar for First Quarter
… Thomas P. DiNapoli today announced a tentative schedule of planned bond sales for New York state, New York City and their major public authorities during the first quarter of 2026. The planned sales of $5.34 billion include $3.89 … Thomas P DiNapoli today announced a tentative schedule of planned bond sales for New York state New York City and …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-releases-bond-calendar-first-quarterDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… The analysis also concluded that: “While the Fund is currently well-managed, compared to most peers it remains … bottom quartile for similar public pension funds. There is justifiable concern that current staff will leave if compensation is not increased, and it is likely that [the Fund] will …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingInflation in the New York City Metropolitan Area
… week, the U.S. Bureau of Labor Statistics (BLS) released new data indicating consumer prices grew by 8.5 percent nationally and 6.1 percent in the New York City Metropolitan Area (NYC metro area) in March … Last week the US Bureau of Labor Statistics BLS released new data indicating consumer prices grew by 85 percent …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-areaDiNapoli: State Must Consider Pros and Cons of Gaming Revenues, Problem Gambling
… and for localities through traditional lottery games, video lottery terminals (VLTs), racetrack wagering, casinos, …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-must-consider-pros-and-cons-gaming-revenues-problem-gamblingComptroller DiNapoli Releases Municipal Audits
… the vendor improperly withheld funds. Auditors found that ice rink collections totaling $5,364 were unaccounted for due …
https://www.osc.ny.gov/press/releases/2019/12/comptroller-dinapoli-releases-municipal-audits-1DiNapoli: Construction Jobs in NYC Not Fully Recovered From Pandemic Amid Lower Demand for Nonresidential Projects
… Valley and most of northern New Jersey, totaled 388,700 jobs in 2024, the highest of any metropolitan area in the … York state’s construction employment remains 4% (16,300 jobs) below its pre-pandemic level, the second lowest … where construction employment in 2024 was 11.3% (18,200 jobs) lower than in 2019. The city’s 143,100 construction …
https://www.osc.ny.gov/press/releases/2025/07/dinapoli-construction-jobs-nyc-not-fully-recovered-pandemic-amid-lower-demand-nonresidential-projectsState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… and Local Retirement System (NYSLRS) employer contribution rates for State Fiscal Year 2020-21 will remain the same as … Retirement System (ERS) with a small increase in rates for the Police and Fire Retirement System (PFRS). … seven years, we’ve been able to lower pension contribution rates or essentially keep them flat,” DiNapoli said. “Through …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredDiNapoli Releases Bond Calendar for Third Quarter
… P. DiNapoli today announced a tentative schedule for the planned bond sales for the state, New York City and their major public authorities during the third quarter of 2018. The planned sales of $9.05 billion include $5.45 … Thomas P DiNapoli today announced a tentative schedule for the planned bond sales for the state New York City and their …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-releases-bond-calendar-third-quarterDiNapoli Releases Bond Calendar for Second Quarter
… today announced a tentative schedule for the planned bond sales for the state, New York City and their major public … authorities during the second quarter of 2018. The planned sales of $4.29 billion include $3.06 billion of new money and … for June, all of which is new money. The anticipated sales in the second quarter compare to past planned sales of …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-releases-bond-calendar-second-quarter