Search
Opinion 94-16
… 18 to include the designation of a depository of public funds (General Municipal Law, §800[2]). Section 801 provides … paying agent, registration agent or for investment of funds of the municipality of which he is an officer or … a shareholder of a bank designated as a depository of IDA funds, the individual in question is deemed to have an …
https://www.osc.ny.gov/legal-opinions/opinion-94-16DiNapoli Report Assesses MTA's Capital Needs and Funding Scenarios
… upcoming capital program.” New York’s Public Authorities Law requires the MTA to submit its capital program for …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-report-assesses-mtas-capital-needs-and-funding-scenariosDiNapoli: Capital Planning Problems Persist at NYRA
… projects and formally estimate project costs funded by Video Lottery Terminal (VLT) revenue, according to an audit …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-capital-planning-problems-persist-nyraState Comptroller DiNapoli Releases School Audits
… Board of Cooperative Educational Services , Roslyn Union Free School District and the Sag Harbor Union Free School … practices and ensure proper policies and procedures are in place to protect taxpayer dollars from waste, fraud and … spend approximately $60 billion in federal, state and local funds. For additional background or a comment on a …
https://www.osc.ny.gov/press/releases/2016/09/state-comptroller-dinapoli-releases-school-auditsDiNapoli: Limited Regulation of Adult Day Care Programs Poses Potential Risks to Vulnerable Adults
… It currently monitors 17 programs that it directly funds through state contracts. Other programs are funded at … compliance with regulations by the SADS providers that it funds, either directly or through the county AAAs. Still, …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-limited-regulation-adult-day-care-programs-poses-potential-risks-vulnerable-adultsInvestors Ask SEC to Reject Exxon's Attempt to Silence Questions on Climate Change
… reining in climate change,” DiNapoli said. “As investors, we need to know how ExxonMobil’s bottom line will be impacted by the global effort to reduce emissions and what the company plans to do about it.” Edward Mason, Head of …
https://www.osc.ny.gov/press/releases/2016/02/investors-ask-sec-reject-exxons-attempt-silence-questions-climate-changeState Comptroller DiNapoli Releases School District Audits
… their budgeting practices and ensure surplus fund balance is in compliance with the statutory limit. Officials …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-auditsRabbi Who Pleaded Guilty to Stealing $5 Million of Funds Intended for Special Needs Students Sentenced to Up to Three Years in Prison
… betrayal of the public trust by this defendant who stole funds which were earmarked for special needs pre-schoolers … and the ordered restitutions of over $50 million in public funds. Since taking office in 2007, DiNapoli has committed to …
https://www.osc.ny.gov/press/releases/2017/10/rabbi-who-pleaded-guilty-stealing-5-million-funds-intended-special-needs-students-sentenced-threeComptroller DiNapoli and Attorney General James Announce Sentencing of Former Mount Vernon Government Official
… and evidence presented at trial, Porcari misappropriated funds from the city of Mount Vernon’s Board of Water Supply … obtained. Instead, Porcari arranged for payments from the funds from the Board of Water Supply, which consists of money …
https://www.osc.ny.gov/press/releases/2020/09/comptroller-dinapoli-and-attorney-general-james-announce-sentencing-former-mount-vernon-governmentDiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments
… is needed to help our communities recover.” Counties and cities outside New York City were the most dependent classes … in how much they share and how it is allocated between cities, towns and other local entities. Thirteen counties … counties shared less than 10 percent. The 36 counties with cities within their borders shared an average of 30 percent …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-pandemic-hit-sales-tax-revenue-threatening-fiscal-health-local-governmentsDiNapoli: Public Authorities Borrow and Spend Billions With Limited Transparency, Accountability
… posted on DiNapoli’s transparency website, OpenBookNewYork.com . “New York’s public authorities play an increasingly … (fiscal years vary, but generally the period covered is 2015 or 2016); Although state authorities represent just 27 … than 50,000 state contracts, visit www.openbooknewyork.com . The easy-to-use website was created by DiNapoli to …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-public-authorities-borrow-and-spend-billions-limited-transparency-accountabilityDiNapoli: NYC Projects Budget Surplus For 2017, But Faces Risks With Federal Budget Cuts
… half the average gain during fiscal years 2011 through 2015. Tax collection growth is projected to slow to 2.3 …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-nyc-projects-budget-surplus-2017-faces-risks-federal-budget-cutsDiNapoli & A.G. Schneiderman Announce Arrest of Upstate Woman for Theft of over $67K in NYS Pension Benefits, $19K Welfare Fraud
… us to find and prosecute those who steal public retirement funds.” "To exploit the death of a loved one by stealing … then systematically accessed the account and withdrew the funds or spent them on herself as they were issued. All told, …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-ag-schneiderman-announce-arrest-upstate-woman-theft-over-67k-nys-pension-benefits-19kDiNapoli Audit Finds Hazardous Conditions Persist in Mitchell-Lama Developments
… data in the monitoring of developments. Misspent Funds In addition to poor oversight of physical conditions, … – Cathedral, Jamie Towers, and Classon – instances where funds were not properly accounted for or were used for …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-audit-finds-hazardous-conditions-persist-mitchell-lama-developmentsState Comptroller DiNapoli Releases Municipal & School Audits
… overestimated in the town-wide (TW) general and highway funds, and estimated revenues were underestimated in the … (15%) and $196,000 (26%) in the TW general and highway funds, respectively and actual revenues exceeded estimated …
https://www.osc.ny.gov/press/releases/2024/03/state-comptroller-dinapoli-releases-municipal-school-auditsOpinion 88-59
… No. 79-413, unreported; 34 Opns St Comp, 1978, p 114). Funds for such an increase may be provided by transfers from … Finance Law (Village Law, §5-520[4]). In this regard, the funds may be made available by a reduction in the salary …
https://www.osc.ny.gov/legal-opinions/opinion-88-59Implications for the Future – 2023 Financial Condition Report
… purposes, including the offset of lost revenues. These funds are expected to be exhausted by the end of SFY 2024-25. … billion, which is more than 15 percent of State Operating Funds spending. The State also increased allowable annual …
https://www.osc.ny.gov/reports/finance/2023-fcr/implications-futureAttorney General James and Comptroller DiNapoli Announce Guilty Verdict of Former Mount Vernon Government Official in $365,000 Corruption Scheme
… or violate the public trust have no place in the state of New York, and will be prosecuted to the fullest extent of the … James. “My office is committed to uphold the integrity of New York’s public servants, and provide the people with the … took place in Westchester County Court in White Plains, New York, before Judge David Zuckerman, from December 3rd to …
https://www.osc.ny.gov/press/releases/2019/12/attorney-general-james-and-comptroller-dinapoli-announce-guilty-verdict-former-mount-vernonDiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… the city is not obligated to provide but which may be popular. These include over $600 million in services which …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeState Comptroller DiNapoli Releases Municipal & School Audits
… of the State Comptroller. Steuben County – Court and Trust Funds Auditors found the commissioner generally established … records, and generally properly reported court and trust funds. However, auditors identified $100 that improperly …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-releases-municipal-school-audits-0