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DiNapoli: NYC's 2024 Budget Balanced, but Risks Loom
… billion surplus from last fiscal year and $1.7 billion in savings from the city’s Program to Eliminate the Gap (PEG) … for city fiscal year (FY) 2024, despite $2.9 billion in costs in FY 2024 to address the influx of asylum seekers. However, … A $55 billion surplus from last fiscal year and $17 billion in savings from the citys Program to Eliminate the Gap PEG …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-nycs-2024-budget-balanced-risks-loomDiNapoli Announces Staff Appointments
… accountability (LGSA). He also announced the appointment of José Manuel Paulino to assistant comptroller for community … Hasso, CPA, CGFM, CGMA, will oversee the bureaus of: State Accounting Operations, Financial Reporting & Oil … and State Payroll Services, as well as the Office of Unclaimed Funds. During his 42 years at the Comptroller’s …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-announces-staff-appointmentsDiNapoli: New York Sending More Tax Dollars to Federal Government Than it Gets Back
… 84 cents for every dollar it sent in taxes to the federal government in 2016, a wider gap than three years before, … Yorkers paid almost $255 billion in taxes to the federal government. While New York received 16 cents less per dollar … or 50.3 percent, of all taxes paid to the federal government in FFY 2016. New York's payments of more than $145 …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-new-york-sending-more-tax-dollars-federal-government-it-gets-backUpstate Transportation Authorities Suffer Revenue Plunge
… provide public transportation in four upstate areas of New York State. 1 Combined, the Capital District … State subsidies account for more than 50 percent of total revenues at CNYRTA and nearly 46 percent at RGRTA. … subsidies combined comprise 71 percent and 42 percent of CDTA and NFTA total revenues, respectively. NFTA also …
https://www.osc.ny.gov/reports/upstate-transportation-authorities-suffer-revenue-plungeSafety of Seized Dogs (Follow-Up)
… Objective To determine the extent of implementation of the three recommendations included in our initial audit report, Safety of Seized Dogs (Report 2017-S-49 ). About the Program Article … To determine the extent of implementation of the three recommendations included in …
https://www.osc.ny.gov/state-agencies/audits/2019/06/18/safety-seized-dogs-followOversight and Monitoring of the Public Housing Modernization Program at the New York City Housing Authority
… Purpose The objective of this audit was to assess the Division of Housing and Community Renewal’s oversight and monitoring of certain New York City Housing Authority projects funded … The objective of this audit was to assess the Division of Housing and Community Renewals oversight and monitoring of …
https://www.osc.ny.gov/state-agencies/audits/2015/08/26/oversight-and-monitoring-public-housing-modernization-program-new-york-city-housingDiNapoli: Former Utica School District Superintendent Sentenced for Public Corruption, Must Pay Over $160K to District
… District Attorney Todd Carville, and the New York State Police today announced that Bruce Karam, the former long-time … run by former Utica mayor and school board president Louis LaPolla. Fundraiser fliers for the charity were … Division of Investigations, 8th Floor, 110 State St., Albany, NY 12236. …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-former-utica-school-district-superintendent-sentenced-public-corruption-must-pay-over-160kOpinion 93-28
… the town board and town highway superintendent which is required by section 284 of the Highway Law. Section 10-c of … the town board and town highway superintendent which is required by section 284 of the Highway Law …
https://www.osc.ny.gov/legal-opinions/opinion-93-28Opinion 97-11
… from having any direct or indirect interest in contracts with the housing authority. In our view, a housing authority … should take reasonable measures to ensure compliance with section 36 and avoid entering into such contracts (see … members to file an annual financial disclosure form with the city …
https://www.osc.ny.gov/legal-opinions/opinion-97-11Opinion 91-45
… (remedies available to town board to enforce agreement for highway repairs and improvements) TOWN BOARD -- Power and … of the agreement required by Highway Law, §284. It is a well-established general rule that municipal officers … authorizes a town board at any time to require any town official to submit to the board or to a public accountant for …
https://www.osc.ny.gov/legal-opinions/opinion-91-45Opinion 2001-11
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … that bear on the issues discussed in the opinion. CONFLICT OF INTEREST -- Powers and Duties (of individual on behalf of … Whether an assistant chief of a fire department who owns more than 5 of the stock of a …
https://www.osc.ny.gov/legal-opinions/opinion-2001-11NYS Common Retirement Fund Reports Third Quarter Results
… Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2021-22 was 4.74% for the … P. DiNapoli. It ended the quarter with an estimated value of $279.7 billion. “A strong third quarter kept our state … to come.” The Fund's estimated value reflects benefits of $3.62 billion paid out to retirees and beneficiaries …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsDiNapoli Calls for Reforms to State Fiscal Practices
… to state finances. DiNapoli released his recommendations in a report, “ Unfinished Business: Fiscal Reform in New York .” The report demonstrates that despite well-intentioned efforts to rein in the state’s debt, increase disclosure by public …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-calls-reforms-state-fiscal-practices2023 Corporate Governance Stewardship Report
Our Corporate Governance Program works to help protect the New York State Common Retirement Fund’s long-term value by exercising prudent stewardship of our portfolio by engaging with the public companies we invest in on key environmental, social, and governance issues that have a financial impact.
https://www.osc.ny.gov/files/reports/special-topics/pdf/2023-corporate-governance-stewardship-report.pdf2024 Corporate Governance Stewardship Report
Our Corporate Governance Program works to help protect the New York State Common Retirement Fund’s long-term value by exercising prudent stewardship of our portfolio by engaging with the public companies we invest in on key environmental, social, and governance issues that have a financial impact.
https://www.osc.ny.gov/files/reports/special-topics/pdf/2024-corporate-governance-stewardship-report.pdf2025 Corporate Governance Stewardship Report
Our Corporate Governance Program works to help protect the New York State Common Retirement Fund’s long-term value by exercising prudent stewardship of our portfolio by engaging with the public companies we invest in on key environmental, social, and governance issues that have a financial impact.
https://www.osc.ny.gov/files/reports/special-topics/pdf/2025-stewardship-priorities.pdfNew York City Agency Services Update
New York City has the largest municipal budget and public workforce in the nation, with a citywide budget of over $115 billion (FY 2025) and more than 300,000 employees (June 2024) tasked with providing a vast array of services to its more than eight million residents.
https://www.osc.ny.gov/files/reports/pdf/report-19-2025.pdfFormer Delhi Deputy Superintendent Faces Grand Larceny Charge
… John Hubbard. Rosenthal, 63, of Delhi, was charged today with third-degree grand larceny for allegedly misstating his sick and leave accruals from … for working with my staff to expose this alleged crime.” “I greatly appreciate the work of the Office of the State …
https://www.osc.ny.gov/press/releases/2020/09/former-delhi-deputy-superintendent-faces-grand-larceny-chargeOpinion 92-44
… that bear on the issues discussed in the opinion. POLICE AND POLICE PROTECTION -- Police Chief (entitlement to fringe benefits pursuant to … Whether pursuant to General Municipal Law 207m the chief of police of a city who is the permanent fulltime head of the …
https://www.osc.ny.gov/legal-opinions/opinion-92-44Comptroller DiNapoli and A.G. Underwood Announce Indictment of Former NYC Council Candidate Alberto Alvarez and Former Non-Profit Director Anna Mendez
… Crotona Day Care Center Executive Director Anna Mendez for seven counts of Offering a False Instrument for Filing in … class E felony, in New York County Supreme Court. Alvarez is also charged with one count of Grand Larceny in the Third Degree, a class …
https://www.osc.ny.gov/press/releases/2018/12/comptroller-dinapoli-and-ag-underwood-announce-indictment-former-nyc-council-candidate-alberto