Search
Opinion 2007-8
… receives and disburses foreign fire insurance premium tax funds distributed pursuant to Insurance Law §§ 9104 and 9105 … and balances relating to the use and application of those funds. The report must be made generally by the treasurer of … receive and disburse foreign fire insurance premium tax funds to be inspected and examined for such periods as the …
https://www.osc.ny.gov/legal-opinions/opinion-2007-8DiNapoli Report Assesses MTA's Capital Needs and Funding Scenarios
… the MTA’s substantial capital needs and emphasizes areas of capital work expected to receive funding in its next … state make in the coming months will determine the future of the transportation system for years to come,” DiNapoli … for increased borrowing. The MTA has an overwhelming list of capital needs , but paying for them has been made more …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-report-assesses-mtas-capital-needs-and-funding-scenariosDiNapoli: 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-adultsDiNapoli: Capital Planning Problems Persist at NYRA
… $54.1 million) to the state and provided NYRA with funds to pay off $80 million in non-state debt and $25 … audit’s conclusions regarding controls in place over VLT funds. However, they generally disagreed with conclusions …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-capital-planning-problems-persist-nyraDiNapoli & 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: NYC Projects Budget Surplus For 2017, But Faces Risks With Federal Budget Cuts
… come under pressure to offset the impact with its own funds rather than allowing vital services to be cut. These estimates exclude most federal Medicaid funds, which do not flow through the city's budget. …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-nyc-projects-budget-surplus-2017-faces-risks-federal-budget-cutsDiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… New York City increased its expectations for its surplus in fiscal year (FY) 2025 to $2.34 billion, … P. DiNapoli. “Improved fiscal conditions have helped New York City shore up its finances and close a budget gap … New York City increased its expectations for its surplus in …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeOpinion 88-59
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … Compensation (authority to pay village justice the salary of acting village justice); (retroactive payment); (salary …
https://www.osc.ny.gov/legal-opinions/opinion-88-59Rabbi 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-threeNew York State Comptroller DiNapoli and California Controller Yee Urge S.E.C. to Mandate Climate Change Disclosures
… but the American economy. According to the National Bureau of Economic Research , climate change may negatively impact … global economic stability. As the chief financial officers of two of the largest state economies, and representatives of the …
https://www.osc.ny.gov/press/releases/2021/06/new-york-state-comptroller-dinapoli-and-california-controller-yee-urge-sec-mandate-climate-changeDiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments
… state, along with many towns and villages, depend on these funds to pay for essential services and operations, revealing … fiscal risk since sales tax can be a volatile source of funds during uncertain economic times. DiNapoli’s report …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-pandemic-hit-sales-tax-revenue-threatening-fiscal-health-local-governmentsComptroller DiNapoli and Attorney General James Announce Sentencing of Former Mount Vernon Government Official
… Counsel Lawrence Porcari for abusing his position as a public official to engage in a scheme that defrauded the … of the former Mount Vernon Mayor Richard Thomas and a public relations firm. Today in Westchester County Supreme … (B felony); Defrauding the Government (E felony); Offering a False Instrument for Filing in the First Degree (E …
https://www.osc.ny.gov/press/releases/2020/09/comptroller-dinapoli-and-attorney-general-james-announce-sentencing-former-mount-vernon-governmentDiNapoli: Public Authorities Borrow and Spend Billions With Limited Transparency, Accountability
… of $13,487 for every resident in the state, according to a report issued today by New York State Comptroller Thomas … outside the traditional checks and balances that apply to state agencies,” DiNapoli said. “Some of these entities … eight interstate or international authorities, according to DiNapoli’s report. Public authorities generally are not …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-public-authorities-borrow-and-spend-billions-limited-transparency-accountabilityAttorney General James and Comptroller DiNapoli Announce Guilty Verdict of Former Mount Vernon Government Official in $365,000 Corruption Scheme
… Counsel Lawrence Porcari for abusing his position as a public official to engage in a scheme that defrauded the … of the former Mount Vernon Mayor Richard Thomas and a public relations firm. "Mr. Porcari violated his public duty, … Corruption (B felony) Defrauding the Government (E felony) Offering a False Instrument for Filing in the First Degree (E …
https://www.osc.ny.gov/press/releases/2019/12/attorney-general-james-and-comptroller-dinapoli-announce-guilty-verdict-former-mount-vernonPreston Fire District – Board Oversight (2025M-87)
… of the financial activities to help ensure public funds are managed with accountability, transparency and … 177, to perform an independent verification that District funds were properly accounted for and transactions were …
https://www.osc.ny.gov/local-government/audits/fire-district/2026/03/13/preston-fire-district-board-oversight-2025m-87State Comptroller DiNapoli Releases School Audits
… . State Comptroller DiNapoli has made it a priority to audit school district, BOCES and charter school finances … – Financial Condition (Erie County) District officials have reduced unrestricted fund balance to within the … received. However, district officials said that they do not issue a press-numbered triplicate receipt for moneys …
https://www.osc.ny.gov/press/releases/2016/09/state-comptroller-dinapoli-releases-school-auditsInvestors Ask SEC to Reject Exxon's Attempt to Silence Questions on Climate Change
… Supporting poorer dioceses with ministry costs Providing funds to support mission activities Paying for bishops' …
https://www.osc.ny.gov/press/releases/2016/02/investors-ask-sec-reject-exxons-attempt-silence-questions-climate-changeShareholders Send Exxon a Strong Message on Climate Change
… today’s meeting, including major fund managers and pension funds Amundi, AXA Investment Management, BNP Paribas, … Supporting poorer dioceses with ministry costs Providing funds to support mission activities Paying for bishops' …
https://www.osc.ny.gov/press/releases/2016/05/shareholders-send-exxon-strong-message-climate-changeImplications for the Future – 2023 Financial Condition Report
… and many forecasters continue to believe that a recession is more likely than not. These factors include persistent … the State has set aside nearly $19.5 billion, which is more than 15 percent of State Operating Funds spending. … and many forecasters continue to believe that a recession is more likely than not …
https://www.osc.ny.gov/reports/finance/2023-fcr/implications-futureState Comptroller DiNapoli Releases School District Audits
… officials did not properly manage fund balance and reserve funds. The board and district officials did not implement a … properly restricted in a debt reserve and did not use the funds to pay related debt as required. As a result, the …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-audits