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XII.6.Z Processing Payments to Complex Entities – XII. Expenditures
… Business Units experience problems when making payments to certain complex vendors. When these problems are … This section provides guidance to Business Units on how to process payments to specific vendors or for specific … crediting and Business Units may experience unintended service interruptions. If the remit-to address on the invoice …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6z-processing-payments-complex-entitiesNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… a U.S. Labor Department (DOL) rule that allows managers of retirement funds that are subject to the Employee Retirement Income Security Act to consider environmental, social and governance (ESG) …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionDiNapoli: State Needs to Supercharge Efforts to Meet Renewable Electricity Goals
… New York state will have to take multiple steps to increase renewable … and New Yorkers' homes, according to a report issued today by State Comptroller Thomas P. DiNapoli. “New York State has … need to add 20 gigawatts of installed renewable capacity by 2030, which is triple the 2022 capacity of approximately …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-needs-supercharge-efforts-meet-renewable-electricity-goalsDiNapoli Releases Report on SFY 2024-25 Financial Plan
… finances, economic competitiveness, and ability to offer services effectively over the long term. “The current … will likely lead to an increase in demand for government services, putting further pressure upon the estimated budget … key performance data on the state’s essential programs and services and to understand how financial plan decisions may …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-releases-report-sfy-2024-25-financial-planA Review of NYC Capital Project Delivery
The majority of New York City’s capital projects are over their initial budgets and behind schedule, suggesting better monitoring and reporting could lead to adjustments to improve capital project delivery.
https://www.osc.ny.gov/files/reports/pdf/report-1-2025.pdfNew York's 529 College Savings Program Turns 20
… are free from both federal and state taxes as long as the funds are used to pay for expenses at eligible post-secondary …
https://www.osc.ny.gov/press/releases/2018/12/new-yorks-529-college-savings-program-turns-20DiNapoli: Remember to Read Fine Print on Gift Cards This Holiday Season
… to read the fine print on gift cards this holiday season for details about fees and expiration dates. While some gift … fees, consumers should still ask whether fees apply when purchasing a gift card. DiNapoli said New Yorkers should use their gift …
https://www.osc.ny.gov/press/releases/2018/11/dinapoli-remember-read-fine-print-gift-cards-holiday-seasonServices to Workers Under the Worker Adjustment and Retraining Notification Act (Follow-Up)
… of Employment and Workforce Solutions administers the State's Worker Adjustment and Retraining Notification Act … employees—as well as their families and communities—by giving them time to transition, seek new employment, and … DOL staff to offer Rapid Response service, such as job search and résumé preparation assistance, career counseling, …
https://www.osc.ny.gov/state-agencies/audits/2025/02/10/services-workers-under-worker-adjustment-and-retraining-notification-act-followNYS Comptroller DiNapoli: SEC Upholds Shareholders' Right to Seek Racial Equity Audit
… shareholders who are concerned about racial inequity in corporate America. Companies like Amazon need to show they …
https://www.osc.ny.gov/press/releases/2021/04/nys-comptroller-dinapoli-sec-upholds-shareholders-right-seek-racial-equity-auditNY State Comptroller DiNapoli Statement on McDonald's Agreement to Tie Executive Compensation to Diversity, Workforce Management
… to foster inclusion and ensure improved human capital management. As a result of McDonald’s new policy, DiNapoli … in the United States with an estimated $247.7 billion in assets under management as of Dec. 31, 2020. The Fund holds and …
https://www.osc.ny.gov/press/releases/2021/02/ny-state-comptroller-dinapoli-statement-mcdonalds-agreement-tie-executive-compensation-diversityDiNapoli: The Rockaways is on the Rise
… new boardwalk, downtown revitalization, ferry ride to the city and record number of summer visitors are giant steps in … people who came to rebuild after Sandy are staying for the long haul. I thank Comptroller DiNapoli for his leadership … Rockaway were underrepresented and lacked a voice at City Hall, but today – our future is brighter than ever before. …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-rockaways-riseDiNapoli: Improved Guidance Needed for State Agencies Using AI To Avoid Risks
… oversight of agencies’ use of Artificial Intelligence (AI) is inadequate and creates a risk that the technology could be … Supervision (DOCCS), the Department of Motor Vehicles (DMV), and the Department of Transportation (DOT). The audit, … systems are reliable and accurate, and no inventory of what AI the state is using. This audit is a wake-up call. …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-improved-guidance-needed-state-agencies-using-ai-avoid-risksState Comptroller Thomas P. DiNapoli Statement on IDA Reform Legislaton (S.5867/A.7915)
… can recoup benefits if job creation goals are not met. “My thanks to Assemblyman Magnarelli and Senator Marchione for … economic engine in improving local communities. My thanks also to Governor Cuomo for recognizing the value of …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-thomas-p-dinapoli-statement-ida-reform-legislaton-s5867a7915DiNapoli: More Security Needed for Hazardous Materials at SUNY University Centers
… of New York’s (SUNY) flagship campuses, Buffalo and Stony Brook, did not properly monitor or restrict access to …
https://www.osc.ny.gov/press/releases/2018/12/dinapoli-more-security-needed-hazardous-materials-suny-university-centersDiNapoli Releases Report on Municipalities Close to Exceeding Tax Limits
… cities, counties and villages in New York that are close to reaching their Constitutional Tax Limit (CTL) has more … the maximum amount of real property tax a local government can raise in a single year. In 2012, only seven … and two counties out of 57 reporting (3.5 percent) were also found to have exhausted at least 80 percent of their …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-releases-report-municipalities-close-exceeding-tax-limitsDiNapoli: Audit Questions Payments Made to Supportive Housing Provider
… populations, steps must be taken to protect public funds that support important services for those in need." …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-audit-questions-payments-made-supportive-housing-providerDiNapoli: NYC Needs to Develop Comprehensive Plan to Manage Pandemic-Battered Finances
… in its economic and financial outlook, should develop a comprehensive plan to lay out its options before resorting to long-term … from Past Recessions: Borrowing for Operations Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-nyc-needs-develop-comprehensive-plan-manage-pandemic-battered-financesDiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments
… New York’s municipalities collected nearly $17 billion in sales tax revenue in 2019, representing 9.7 percent of all local … comprehensive report on local sales tax released today by State Comptroller DiNapoli. Every county and city in the …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-pandemic-hit-sales-tax-revenue-threatening-fiscal-health-local-governmentsDiNapoli Proposes Option to Help State & Local Governments Pay for Retiree Health Care
… Comptroller Thomas P. DiNapoli today announced legislation to create an optional investment pool to help the state and … rules in place that allow public employers to set aside money today to pay for these benefits,” DiNapoli said. “The … begin making regular annual contributions to a trust and earn a return on investments, it would potentially save …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposes-option-help-state-local-governments-pay-retiree-health-careComptroller DiNapoli Releases School Audits
… effectively.” Ardsley Union Free School District – Reserve Funds (Westchester County) The district’s employee benefit … by almost $178,000. The district’s remaining reserve funds were funded at reasonable levels. Babylon Union Free … for the establishment and use of three of its four reserve funds. Berkshire Union Free School District – Financial …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-school-audits