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DiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… New York City is projecting a surplus of $3 billion for fiscal year (FY) … Comptroller Thomas P. DiNapoli. “New York City’s budget is balanced for next year and the out-year budget gaps appear manageable,” DiNapoli said. “The city’s economy is strong and shows no signs of slowing. Still, Mayor de …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearDiNapoli: Audit Questions Payments Made to Supportive Housing Provider
… Comptroller Thomas P. DiNapoli has identified $32,271 in unallowable expenses and $489,616 in questionable costs that were paid by the state Office of … payment for appropriate expenses or if program goals are being met. Moving forward, as the state continues to invest …
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 proposed for the upcoming fiscal year, according to a report released today by State Comptroller Thomas P. … for the coming years, concludes that reforms are needed to ensure that New York State is spending its billions of …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-calls-improvements-capital-planning-processDiNapoli: Problems Persist at Many Hotels and Motels Used to House Homeless
… State auditors examining hotels and motels used to house the homeless found poor conditions still exist at many … P. DiNapoli. In 2016, DiNapoli launched a major review of the state's homeless shelter system. This review encompassed … motels located across 48 different counties. Working with the comptrollers from Albany, Dutchess, Nassau, Onondaga, …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-problems-persist-many-hotels-and-motels-used-house-homelessDiNapoli: State Missing Out on Millions in Medicare Payments for Kidney Patients
… from 2016 to 2018, which includes $17 million in savings for counties and New York City. "New Yorkers dealing with … expenses and may provide them with more options for care." DiNapoli said. "The state has an obligation not … health care needs. The program is administered by DOH. For the fiscal year ended March 31, 2016, New York's Medicaid …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-state-missing-out-millions-medicare-payments-kidney-patientsPrivacy and Security of Student Data
To determine if the State Education Department consistently follows all laws and regulations regarding the safety and privacy of students data and is monitoring New York State school districts to ensure they are complying with the legislation and regulations that govern data privacy and security
https://www.osc.ny.gov/state-agencies/audits/2023/05/16/privacy-and-security-student-dataDiNapoli: Localities Spending More to Address Climate Change Hazards
… for this purpose) averaging more than $1.8 billion, or 9.7%, of average annual commitments for all capital projects …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-localities-spending-more-address-climate-change-hazardsNYS Common Retirement Fund Announces Second Quarter Results
… Retirement Fund The New York State Common Retirement Fund is the third largest public pension fund in the United …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsFormer Treasurer of Patterson Volunteer Fire Department Pleads Guilty To Fraud and Tax Charges Arising From His Embezzlement of More Than $1.1 Million
… Preet Bharara, the United States Attorney for the Southern District of New York, Shantelle P. Kitchen, the Special Agent … these thefts. I thank U.S. Attorney for the Southern District Preet Bharara, the New York State Police, the … $1,151,000. MELIN is scheduled to be sentenced by U.S. District Court Judge Nelson S. Roman on February 3. 2017. Mr. …
https://www.osc.ny.gov/press/releases/2016/11/former-treasurer-patterson-volunteer-fire-department-pleads-guilty-fraud-and-tax-charges-arising-hisDiNapoli: NYC’s Restaurant, Retail and Recreation Sectors Continue to Struggle During Pandemic
… New York City’s restaurant, retail and recreation (RRR) sectors … on their restaurant, retail and recreation sectors, New York City was hit especially hard,” DiNapoli said. “As … for example, that the money ran out quickly, leaving many restaurants across the nation unfunded. In New York state, …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-nycs-restaurant-retail-and-recreation-sectors-continue-struggle-during-pandemicDiNapoli: Wall St. 2021 Profits near Record Levels
… and profits will subside at some point. As we prepare for an eventual slowdown in Wall Street’s record activity, we … jobs, a 32-year low. The average salary (including bonus) for employees of the New York City securities industry in … five times higher than the $92,330 average compensation for the rest of the city’s private sector. In 1981, the gap …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsNYS Comptroller DiNapoli: Wall Street's 2020 Bonuses Rose Amid Volatility
… The average bonus paid to employees in New York City’s securities industry grew by 10 percent in 2020 to … year shattered all expectations. The early forecast of a disastrous year for financial markets was sharply … sector employment. DiNapoli estimates that nearly 1 in 10 jobs in the city are either directly or indirectly associated …
https://www.osc.ny.gov/press/releases/2021/03/nys-comptroller-dinapoli-wall-streets-2020-bonuses-rose-amid-volatilityDiNapoli: NYC Fiscal Year 2024 Budget Balanced, but Out Year Gaps Continue to Grow
… to its financial plan projects gaps to decline slightly in the coming years ($6.5 billion in FY 2026 and $6.4 billion in FY 2027) mostly due to savings … pensions and other post-employment benefits. This would amount to 35.5% of the city’s total budget and be $1.3 …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-nyc-fiscal-year-2024-budget-balanced-out-year-gaps-continue-growDiNapoli: Number of New Yorkers Going Hungry Increases Despite Improving Economy
… according to a follow-up analysis released today by State Comptroller Thomas P. DiNapoli. A report released last … federal benefits that helped struggling families put food on the table, and just as food and other household costs …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-number-new-yorkers-going-hungry-increases-despite-improving-economyOpinion 89-45
Whether a town may pay an attorney employed as counsel to the zoning board of appeals a fixed annual amount for certain specified services plus an hourly fee for services in connection with defending proceedings commenced under Article 78 of the Civil Practice Law and Rules CPLR
https://www.osc.ny.gov/legal-opinions/opinion-89-45Opinion 88-8
… of a corporation of which he or she is an officer, director or employee, or a stockholder (General Municipal … or material benefit as a result of the contract or is a director of the corporation (General Municipal Law, §800[3]). …
https://www.osc.ny.gov/legal-opinions/opinion-88-8DiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… 56.3% from the $31 billion earned in the same period last year, according to State Comptroller Thomas P. DiNapoli’s … activities, which were at, or near, record levels last year. Equity offerings in 2022 were at the lowest level since … to the 10-year pre-pandemic average of $20.3 billion per year. DiNapoli’s report estimated the securities industry …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsState Agencies Bulletin No. 2060
… changed his or her name and has not yet obtained a new card from the SSA, provide the employee with Form SS-5 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2060-verification-employees-social-security-number-ssn-and-name-be-reportedSelected Management and Operations Practices – BuildSmart NY/Executive Order 88
… the audited program has concluded, the lessons learned can provide valuable insights for successor programs such as …
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
… Corporation (EFC) under a federal program to help fund its replacement of public and private lead water service …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-troys-proposed-bond-financing-its-lead-pipe-replacement-program-lawful-and-constitutional