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DiNapoli: Strong Tax Collections and New Savings Initiatives Boost NYC's Short-Term Finances
… fiscal years 2024 through 2026 and about $4 billion in FY 2027. Still, the city projects budget gaps of $4.2 billion in … 2025, $5.9 billion in FY 2026 and nearly $7 billion in FY 2027. As a share of city fund revenues, these out-year gaps … city has set aside an additional $16 billion through FY 2027 for these costs, which increased out-year gaps but also …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-strong-tax-collections-and-new-savings-initiatives-boost-nycs-short-term-financesDiNapoli Releases Budget Review for City of Buffalo
… fund budget deficit of approximately $103 million in the 2026-27 fiscal year, in part, because the city historically … Municipal Assistance state aid; and $10.5 million of local tribal casino proceeds for which there is no current … resulting from impending collective bargaining agreement negotiations. Five of the city’s eight such agreements are …
https://www.osc.ny.gov/press/releases/2026/05/dinapoli-releases-budget-review-city-buffaloFinancial Reporting and Asset Allocation
… of New York State Common Retirement Fund (Fund) management and investments. Monthly Disclosure of Investments & … Monthly reports disclose in detail investments and transactions, hiring fund managers, and the involvement of placement agents. 2026 April | March | …
https://www.osc.ny.gov/common-retirement-fund/resources/financial-reporting-and-asset-allocationVillage of Whitehall – Records and Reports (2026M-9)
… The Village’s accounting records included three operating funds during the audit period: general, water and sewer. The … liability accounts among the Village’s three operating funds and capital projects fund as of May 31, 2025, and …
https://www.osc.ny.gov/local-government/audits/village/2026/06/12/village-whitehall-records-and-reports-2026m-9Comptroller DiNapoli Releases School Audits
… without a valid purchase order, committing the district’s funds without proper authorization. …
https://www.osc.ny.gov/press/releases/2015/12/comptroller-dinapoli-releases-school-audits-1DiNapoli Statement on His Placement Agent Ban Becoming Law
… P. DiNapoli today issued the following statement after Gov. Cuomo signed DiNapoli's legislation to prohibit the use … P DiNapoli today issued the following statement after Gov Cuomo signed DiNapolis legislation to prohibit the use of …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-statement-his-placement-agent-ban-becoming-lawComptroller DiNapoli Releases School Audits
… school finances and operations, my office continues to provide taxpayers the assurance that their money is being … leave accrual spreadsheet for employees who were entitled to earn vacation time did not show beginning and ending … district has not developed a formal reserve plan, appears to have overfunded the unemployment reserve, and did not have …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-school-auditsDiNapoli's Auditors Halt $21.3 Million in Suspicious 2016 Tax Refunds
… paid out 4.6 million state refunds totaling $4.4 billion to date. Another 471,000 refunds totaling $466 million are expected to be paid in the coming days. "My auditors are committed to safeguarding the funds of honest New Yorkers," DiNapoli …
https://www.osc.ny.gov/press/releases/2017/04/dinapolis-auditors-halt-213-million-suspicious-2016-tax-refundsConclusion – Improving the Effectiveness of Your Claims Auditing Process
… The claims auditing process is known as a "super control" … because, when conducted effectively, it can identify claims that have violated or bypassed purchasing and other … offices is located at the end of this publication. Please contact the regional office for your locality with any …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/conclusionDiNapoli: Feds Must Step Up or NYC Metro Region Faces End of Public Transit As We Know It
… Thomas P. DiNapoli released the following statement today in response to the Metropolitan Transportation Authority’s … infusion of federal funds, the region faces service cuts in 2021 that would change public transit as we know it. It’s … to get through 2020 and saddling it with even more debt in the coming years. “The severe service cuts the MTA has …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-feds-must-step-or-nyc-metro-region-faces-end-public-transit-we-know-itIntroduction – Federal Funding and New York
… and communities.” - Thomas P. DiNapoli Federal Revenues in the State Budget Federal Receipts Federal Spending by … Income Home Energy Assistance Program Federal Employees in New York State Federal Employees in New York State Federal Employment Loss in NY in 2025 …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/introductionLehman College – Controls Over Bank Accounts (Follow-Up)
… the implementation of the 2008 banking policy. One was a Certificate of Deposit account (totaling $65,034). In … Lehman College: Controls Over Bank Accounts ( 2014-S-69 ) Medgar Evers College: Controls Over Bank Accounts ( 2015-S-92 ) …
https://www.osc.ny.gov/state-agencies/audits/2017/12/21/lehman-college-controls-over-bank-accounts-followControls Over Cash Advance Accounts
… resolve old outstanding items and resolve the five items on the March 2014 reconciliation. Periodically review some …
https://www.osc.ny.gov/state-agencies/audits/2014/09/08/controls-over-cash-advance-accountsTupper Lake Central School District – Records and Reports (2021M-14)
… and timely accounting records and reports were maintained to allow Tupper Lake Central School District (District) officials to effectively manage the District’s financial operations and … accurate and timely accounting records and reports to allow officials to effectively manage financial operations …
https://www.osc.ny.gov/local-government/audits/school-district/2021/06/25/tupper-lake-central-school-district-records-and-reports-2021m-14Copiague Fire District– Mechanic Shop Operations (2021M-93)
… used at least $5,365 of District funds to purchase auto parts to repair vehicles not owned by the District or municipalities the Shop services. We also examined one parts invoice where 81 parts were purchased; however, for 72 …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/09/02/copiague-fire-district-mechanic-shop-operations-2021m-93Sharon Springs Central School District – Fund Balance Management (2022M-100)
… Annually overestimated appropriations by an average of $1.6 million, or 17 percent. Informed residents and taxpayers … surplus fund balance to exceed the statutory limit by $2.3 million, or 23.7 percentage points. Annually … a reservation of fund balance that is not provided for by statute and circumvents the statutory limit. Although real …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/30/sharon-springs-central-school-district-fund-balance-management-2022m-100Port Jervis City School District – Financial Condition (2022M-152)
… not used. As of June 30, 2021, maintained a recalculated surplus fund balance totaling $23.6 million, exceeding the 4 … project that the District will generate another operating surplus of approximately $9.3 million in 2021-22 and will not … Key Recommendations Adopt realistic budgets and reduce surplus fund balance to comply with the statutory limit. …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/23/port-jervis-city-school-district-financial-condition-2022m-152Town of White Creek – Disbursements and Annual Financial Reports (2023M-41)
… disbursements and filed the annual update documents (AUDs) in a timely manner. Key Findings The Supervisor did not … were filed with the Office of the State Comptroller (OSC) in a timely manner. Without adequate oversight, the … made as authorized . Further, the lack of filing AUDs in a timely manner impairs the Town Board (Board), Town …
https://www.osc.ny.gov/local-government/audits/town/2023/08/04/town-white-creek-disbursements-and-annual-financial-reports-2023m-41County of Rockland – Budget Review (B6-16-19)
… the significant revenue and expenditure projections in the County’s proposed budget for the 2017 fiscal year are reasonable. Background The County of Rockland, located in the downstate area and bordered by Orange, Putnam and … fiscal year. Key Findings The County does not have a plan for reducing the general fund’s outstanding deficit. …
https://www.osc.ny.gov/local-government/audits/county/2016/11/14/county-rockland-budget-review-b6-16-19Williamsville Central School District – Financial Management (2016M-274)
… through June 3, 2016. Background The Williamsville Central School District is located in the Towns of Amherst, Clarence … Williamsville Central School District Financial Management 2016M274 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/02/williamsville-central-school-district-financial-management-2016m-274