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Medicaid Program – Inappropriate Payments Related to Procedure Modifiers

… Purpose To determine whether Medicaid made inappropriate payments to providers that failed to use modifier codes properly. The …

Rochester Attorney Admits to Unlawfully Receiving Retirement Benefits

… Diane M. Cecero, age 64, of Pittsford, New York, admitted today to unlawfully "double-dipping" and receiving state retirement benefits to which she was not entitled. She …

Medicaid Payments Made Pursuant to Medicare Part C (Follow-Up)

… individuals enrolled in both Medicaid and Medicare Part C, plan providers bill Medicaid directly for the enrollee’s Part … the same months that Medicaid made Medicaid Advantage Plan premium payments of $552,327 for the same recipients (people who enroll in a Medicare Advantage Plan can enroll in the same organization’s Medicaid Advantage …

DiNapoli: Public Authority Debt Ballooned to $329 Billion

… an increase of 23% ($61.5 billion) since 2017, according to a report released today by State Comptroller Thomas P. … office issues this periodic report on public authorities to shine a light on their finances and operations. However, … have shown, New York’s public authorities must do more to improve their transparency and accountability to the …

IX.8.D Electronic Refund Payments to the U.S. HHS – IX. Federal Grants

… a refund check was deposited via Refund of Appropriation (ROA) OR the corresponding chartstring where expenditures have … through the normal draw process). The voucher ID of the ROA or the journal ID that was used to deposit the …

XVI.4 Accounting Policies and Principles Applicable to Agencies – XVI. Financial Reporting

DiNapoli: State Tax Collections Continue to Exceed Projections

… three months of the 2021-22 State Fiscal Year, according to the monthly State Cash Report released today by New York … infusion of federal aid, give the state an opportunity to improve its long-term fiscal stability and better prepare … future uncertainties. The state should use these revenues to bolster reserves or for pay-as-you-go funding for critical …

DiNapoli: MTA Budget Continues to Face Serious Risks

… its capital needs, leaving a smaller share of revenue for other priorities and hindering budget flexibility during an economic setback, according to a report released today by State Comptroller Thomas P. … MTA can change the way it does business and reduce costs, for example, riders could be saddled with even higher fares …

DiNapoli Encourages New Yorkers to Save for College

… Thomas P. DiNapoli is encouraging New Yorkers who face college expenses to open a 529 College Savings account … According to the Federal Reserve Bank of New York's latest figures from 2015, the nationwide average student loan … Thomas P DiNapoli is encouraging New Yorkers who face college expenses to open a 529 College Savings account …

DiNapoli Calls for Improvements to Capital Planning Process

… to ensure that New York State is spending its billions of capital project dollars wisely. "Much of New York's infrastructure was built decades ago and is heavily used. It is in need of ongoing maintenance, repair or replacement, but the full …

DiNapoli: Tax Breaks From IDAs Continue to Climb

… New York's Industrial Development Agencies (IDAs) provided $695 … prior year, according to a report issued today by New York State Comptroller Thomas P. DiNapoli. "New York's IDAs are … New York (786) and the Finger Lakes (746) had the largest number of projects in 2015; Long Island ($161 million) and …

I.3 Guide to Financial Operations Account Codes Procedure – I. OSC Guide to Financial Operations Overview

… and acts as a useful general reference through all stages of financial system processing. OSC will periodically …

I.2 Organization of the Guide to Financial Operations – I. OSC Guide to Financial Operations Overview

… The New York State Guide to Financial Operations is organized by chapters related to accounting process area. Each chapter contains sections … using the following approach: Overview: Introduction to the content contained within the chapter. Policies: …

DiNapoli Urges NYC to Shore Up Rainy-Day Fund

… the city’s reserve policy for years to come.” In early 2021, New York City officials established a rainy-day fund … unrestricted reserve levels were 0.6% at the end of FY 2021, however additional forms of budgetary cushion increase …

DiNapoli: Gaming Commission Slow to Collect Casino Fees

… The state Gaming Commission has made only limited progress fixing … casinos, according to a follow-up report released today by State Comptroller Thomas P. DiNapoli. The problems were first …

DiNapoli: Molson Coors Agrees to Disclose Political Spending

… The New York State Common Retirement Fund (Fund) has reached an agreement … spending, gave Molson Coors a score of 11.7 out of 100, ranking it in the bottom tier of companies in the S&P 500. … State Common Retirement Fund is the third largest public pension fund in the United States with assets of …

Comptroller Authority to Audit Local Development Corporations (LDCs)

… A.3047 (Magnarelli) / S.4827 (Marchione) – Relates to audits by the State Comptroller of certain organizations … other government entities. Memo Bill Text Status … Relates to audits by the State Comptroller of certain organizations …

DiNapoli Calls for Reforms to State Fiscal Practices

… Comptroller Thomas P. DiNapoli today called for changes to the state’s fiscal practices, including limiting … a constitutional limit on state debt, among other reforms, to bring increased transparency and accountability to state finances. DiNapoli released his recommendations in a …

Collection of Fines Related to Tenant Complaints (Follow-Up)

… report’s six recommendations, three were implemented, one was partially implemented, and two were not implemented. Key Recommendation Officials are …

DiNapoli: Wall St. Profits Return to Pre-Pandemic Levels

… estimates bonuses to decline 22%, but could fall further. Funds set aside for compensation in the industry have …