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Wall Street Bonuses Declined in 2011
… reforms.” The Comptroller also estimates that profits for the broker/dealer operations of New York Stock Exchange … was shared among fewer workers than in 2010. The average salary (including cash bonuses) in the securities industry in … in 2010, which was 5.5 times higher than the average salary in the rest of the private sector ($66,110). Data is …
https://www.osc.ny.gov/press/releases/2012/02/wall-street-bonuses-declined-2011DiNapoli: State Clean Energy Fund Makes Progress on Developing Solar Capacity, But Energy Efficiency Lags
… areas that receive funding from ratepayers include: Market Development which consists of initiatives focused on … & Research which helps bring clean energy products to market. Through 2023, NYSERDA has reported that its … its goals and attracted $20 billion in private investment. Market Development Program (MDP) The MDP has contributed over …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-state-clean-energy-fund-makes-progress-developing-solar-capacity-energy-efficiency-lagsState Comptroller DiNapoli Releases School District Audits
… School District – Network Access Controls (Seneca County and Wayne County) District officials did not ensure that the … Officials did not regularly review network user accounts and permissions to determine whether they were appropriate or … to increased reliance on a remote learning environment and administrative operations due to the COVID-19 pandemic. …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-dinapoli-releases-school-district-audits-0Do Not Call Enforcement Efforts (Follow-Up)
… Objective To determine the extent of implementation of the three … The New York State Do Not Call law (Law) allows consumers to register their personal mobile and landline phone numbers …
https://www.osc.ny.gov/state-agencies/audits/2020/02/19/do-not-call-enforcement-efforts-followState Comptroller DiNapoli Releases School District Audits
… services. However, they did not always seek competition for professional services. Cherry Valley-Springfield Central … County) District officials did not always seek competition for the purchase of goods and services not subject to … procurement policy. Officials did not seek competition for the services procured from five professional service …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-dinapoli-releases-school-district-auditsTitle I Grants to Local Educational Agencies – Federal Funding and New York
… districts, charter schools, and Special Act districts — for the purpose of closing educational achievement gaps … Schools in which children from low-income families account for at least 40 percent of enrollment are eligible to apply … school-wide programs. The funds are otherwise targeted for services to individual children who are failing, or most …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/title-i-grants-local-educational-agenciesOversight of Industrial Hemp (Follow-Up)
… of agriculture to grow or cultivate industrial hemp for research purposes. In response, Article 29 of New York’s … that, while the Program had rapidly expanded opportunities for industrial hemp production in the State, the Department … needed to develop clear and consistent procedures for several aspects of the Program. Key Findings Department …
https://www.osc.ny.gov/state-agencies/audits/2021/07/16/oversight-industrial-hemp-followArea #1 – IT Policy – Information Technology Governance
… IT policies define the Board’s expectations for appropriate user behavior, describe the tools and … IT system, a lack of appropriate policies significantly increases the risk that data, hardware and software systems … and privacy policy that aligns with the National Institute for Standards and Technology’s Framework for Improving …
https://www.osc.ny.gov/local-government/publications/it-governance/area-1-it-policyDiNapoli: State Education Department Missed Red Flags of Proprietary Schools' Financial Trouble
… (SED) weak enforcement of licensing requirements for non-degree proprietary schools let many continue to … of schools’ fiscal records prior to their licensing them. For example, in their examination of records from Jan. 1, … the required financial statements filed by 381 schools for fiscal year 2018 and found 70 faced some level of fiscal …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-state-education-department-missed-red-flags-proprietary-schools-financial-troubleInfrastructure Inspection and Maintenance (Follow-Up)
… were not given priority, as the Corporation's process for determining inspection and maintenance priorities lacked … and also authorized the Power Authority to issue debt for the purposes of financing the construction, … a documented and sound system should be established for supporting capital spending decisions. Key Recommendation …
https://www.osc.ny.gov/state-agencies/audits/2017/01/12/infrastructure-inspection-and-maintenance-followOversight of International Offices (Follow-Up)
… performance requirements. The recommendations were for ESD to better monitor its foreign office activities to … to ensure that foreign representatives are only reimbursed for actual and necessary expenses incurred in the operation …
https://www.osc.ny.gov/state-agencies/audits/2016/12/30/oversight-international-offices-followHebrew Institute for the Deaf and Exceptional Children – Compliance With the Reimbursable Cost Manual
… whether the costs reported by the Hebrew Institute for the Deaf and Exceptional Children (Hebrew Institute) on … audit included expenses claimed on Hebrew Institute’s CFRs for the three fiscal years ended June 30, 2014. Background Hebrew Institute is a Brooklyn, New York, not-for-profit organization approved by SED to provide full-day …
https://www.osc.ny.gov/state-agencies/audits/2016/11/22/hebrew-institute-deaf-and-exceptional-children-compliance-reimbursable-cost-manualTown of Clarence Industrial Development Agency – Project Approval and Monitoring (2020M-97)
… Audit Objective Determine whether the Board of the Town of Clarence Industrial Development Agency (CIDA) properly approved and monitored projects. Key Findings The Board did not …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2021/09/10/town-clarence-industrial-development-agency-projectState Comptroller DiNapoli Releases State Audits
… has taken actions to comply with the federal requirements for securing directory data. Auditors found that the office … adequately documented and allowable under SED’s guidelines for the fiscal year ended June 30, 2014. State Education … Compliance with the Reimbursable Cost Manual (2015-S-97) For the year ended June 30, 2014, auditors identified $55,969 …
https://www.osc.ny.gov/press/releases/2016/08/state-comptroller-dinapoli-releases-state-auditsNorthport-East Northport Union Free School District – Financial Condition (2014M-164)
… audit was to evaluate the District’s financial activities for the period July 1, 2012 through September 30, 2013. … and has approximately 6,200 students and 1,680 employees. For the 2013-14 fiscal year, the District’s operating budget … not revised during this period to provide for the year-end increases made to the retirement contribution reserve fund. …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/10/northport-east-northport-union-free-school-district-financial-conditionCOVID-19 Relief Program Tracker
… its funding and spending, or download this month’s data for all programs. Data through June 30, 2025 Elementary … Relief Program Highlight $14.0 billion in general aid for elementary and secondary education. Funds received to … in SFY 2024-25. Even though New York had received approval for an extension through March 28, 2026 to liquidate the …
https://www.osc.ny.gov/reports/covid-relief-program-trackerPublic Authorities
… public interests. They develop, operate and maintain some of New York's most critical infrastructure including roads, … into their legislative mandate. Each public authority is governed by a separate board of directors appointed by … without voter approval. The debt service for these bonds is usually supported by revenues of the project, such as …
https://www.osc.ny.gov/public-authoritiesDivorce – State Police Plan
… the template, but because the review process is simplified for all submissions using the DRO template, we can complete … your wishes. As of July 7, 2008, beneficiary designations for certain benefits are revoked when a divorce, annulment or … specify otherwise. Beneficiary designations may be revoked for the ordinary death benefit, the Cash Refund — …
https://www.osc.ny.gov/retirement/publications/1518/divorceDivorce – Special 20- and 25-Year Plans
… can affect your retirement benefits. The New York State Court of Appeals has determined that retirement benefits are … the form of a domestic relations order (DRO), which is a legal document that gives us specific instructions on how … Your Benefits page . If you have questions, you or your legal representative should email our Matrimonial Bureau at …
https://www.osc.ny.gov/retirement/publications/1517/divorceOpinion 88-40
… This opinion represents the views of the Office of the State Comptroller at the time it was … body of the municipal corporation whose fiscal officer is to have custody of the moneys of the joint service. (3) A … pursuant to this section, a fiscal year commencing on the first day of August, may, at any time determine, by …
https://www.osc.ny.gov/legal-opinions/opinion-88-40