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Comptroller Authority to Audit Local Development Corporations (LDCs)

… (Magnarelli) / S.4827 (Marchione) – Relates to audits by the State Comptroller of certain organizations controlled by municipal corporations …

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

… is a course of conduct intended to force a tenant out of their apartment. This includes interfering with a tenant’s privacy, comfort, … outstanding fines between January 1, 2016 and September 30, 2018. Specifically, the audit found that ORA lacked …

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

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

… Chapter IV – Accounting Codes – Uses and Descriptions contains information and details regarding State accounting codes. This chapter provides useful information to …

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 … to accounting process area. Each chapter contains sections and subsections generally structured using the following … contained within the chapter. Policies: Necessary details on policies applicable within the chapter. Information …

DiNapoli: Gaming Commission Slow to Collect Casino Fees

… all aspects of gaming activity in New York. Commercial and Video Lottery Terminal (VLT) facilities are required to send …

DiNapoli: Molson Coors Agrees to Disclose Political Spending

… an agreement with the Molson Coors Beverage Co., one of the world’s largest brewers, to comprehensively disclose … New York State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. In response to the agreement, … long, investors have been left in the dark on the extent of the reach of corporate dollars in politics,” DiNapoli …

DiNapoli: MTA Budget Continues to Face Serious Risks

… Metropolitan Transportation Authority’s Rising Debt Burden Find out how your government money is spent at Open Book New York . Track municipal …

DiNapoli Urges NYC to Shore Up Rainy-Day Fund

… and local law enabling the use of these funds, called on the city to define how these resources are accumulated and … from the pandemic and changes to state and local laws on the use of reserves necessitates the need for clear … typically: Publish a statement of the reserve policy on their websites; Define the purpose of the unrestricted …

DiNapoli: State Tax Collections Continue to Exceed Projections

… State tax receipts exceeded the Enacted Budget Financial Plan forecast by $4.8 billion from April through June, the first three months of the … State Fiscal Year 2021-22 Find out how your government money is spent at Open Book New York . Track municipal …

Medicaid Payments to Medicare Advantage Plan Providers (Follow-Up)

… three recommendations made in our initial audit report, Medicaid Payments to Medicare Advantage Plan Providers (Report 2016-S-54 ). About the Program Many of the State’s Medicaid recipients are also …

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 … pots of money without justification or identifying how projects were selected for funding. DiNapoli’s proposal …

DiNapoli Calls for Improvements to Capital Planning Process

… fiscal year, according to a report released today by State Comptroller Thomas P. DiNapoli. The report, which … concludes that reforms are needed to ensure that New York State is spending its billions of capital project dollars … For a copy of the report visit: http://www.osc.state.ny.us/reports/capital_report_030514.pdf … Over the past 10 …

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

… Wall Street’s pandemic boom came to an end in 2022, with pretax, first half profits of $13.5 billion, down 56.3% from the $31 billion earned in the same period last year, according to State Comptroller … level since 2003, fueled by weaker initial and secondary public offerings. The Federal Reserve’s (Fed) multiple rate …

Managed Care Organizations – Payments to Ineligible Providers (Follow-Up)

… the Medicaid program. These ineligible providers should not receive payments from Medicaid Managed Care Organizations … however, additional action is needed. The Department did not distribute the claims data supporting the $50.3 million … implemented, five were partially implemented, and one was not implemented. Key Recommendation Officials are given 30 …

Comptroller Authority to Audit Local Development Corporations (LDCs)

… (Magnarelli) / S.5445 (Skoufis) – Relates to audits by the State Comptroller of certain organizations controlled by … entities. Memo Bill Text Status … Relates to audits by the State Comptroller of certain organizations controlled by …

DiNapoli: Major Retailers Agree to Stronger Supplier Oversight

New York State Comptroller Thomas P DiNapoli today announced that Fortune 500 retailers Dollar Tree and Dillards have agreed to new reporting standards that will help ensure greater transparency and safety in their suppliers factories

DiNapoli: Audits Recommend Fixes to Affordable Housing Programs

… also released his fourth affordable housing audit. The latest audit found that the state’s Office of Rent … to alleviate the problem are working,” DiNapoli said. “Our latest audit found delays in resolving tenant complaints that … of New Yorkers living in rent regulated apartments.” The latest audit found ORA receives roughly 6,500 complaints from …

Comptroller DiNapoli: IDA-Issued Tax Breaks Continue to Climb

… Through 2017, downstate areas accounted for 51 percent of the nearly 200,000 total net jobs gained through IDA … regions. The prior year, downstate outpaced the rest of the state with 57 percent of the total. “The need for close scrutiny of economic …

DiNapoli: Billions Needed for Repairs to Local Bridges

… to infrastructure aid. "Local communities are facing a big price tag for maintaining and repairing bridges,” …