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GASB Statement 87, Leases
… to cancel a lease if the government doesn’t appropriate funds for payments. This typically occurs on an annual basis. … the procurement process or the likelihood to appropriate funds based on historical experience. View a Reasonably …
https://www.osc.ny.gov/state-agencies/guidance/gasb-statement-87-leasesNew York Local Government Assistance Corporation
… as of October 1, 2022. Contacts: Pat Reale ( PReale@osc.ny.gov ) Chuck Trimbach ( ctrimbach@osc.ny.gov ) Mission … Created on June 11, 1990, the New York Local Government Assistance Corporation’s (“Corporation” or “LGAC”) mission … (“GO TRANs,” also known as the "spring borrowing") for cash flow purposes and to reduce its accumulated "GAAP" …
https://www.osc.ny.gov/debt/lgacNew York City’s Uneven Recovery: Mothers in the Workforce
… While New York City saw a different trend initially, in 2022 the previously strong job gains for women with children … and Female Workers with Children in New York City, 2000 to 2022 Sources: U.S. Bureau of Labor Statistics, Current … Share of Workforce by Race and Ethnicity, 2019 vs. 2022 New York City United States White Black Asian …
https://www.osc.ny.gov/reports/osdc/new-york-citys-uneven-recovery-mothers-workforceDiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… Wall Street’s profits were strong in the first half of 2015 at $11.3 billion, the strongest first … private sector workforce, it accounts for 22 percent of all wages paid in the city; DiNapoli estimates that each … received tax payments of $3.8 billion, or 7.5 percent of all city tax revenue, from securities industry-related …
https://www.osc.ny.gov/press/releases/0215/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… is strong and shows no signs of slowing. Still, Mayor de Blasio and the city’s budget team deserve credit for …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearDiNapoli Report Tracks MTA's Shifting Revenue Streams
… The Metropolitan Transportation Authority (MTA) pays for its … Comptroller Thomas P. DiNapoli details. “Understanding how the MTA pays for its day-to-day operations is crucial to … trips last year than in 2019, and paid ridership for NYC Transit buses was down 42% compared to 2019. Commuter …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-report-tracks-mtas-shifting-revenue-streamsTown of Freetown - Records and Reports (2018M-213)
… reports. The bookkeeper did not record all expenditures in the general and highway funds in a timely manner. The annual update document (AUD) was not filed in a timely manner for the 2017 fiscal year. Key …
https://www.osc.ny.gov/local-government/audits/town/2019/01/18/town-freetown-records-and-reports-2018m-213State Comptroller DiNapoli Releases Audits
… deposits to accounts; and ensuring all accounts are used for appropriate business purposes. These weaknesses increased … could conduct transactions using unauthorized accounts. In a follow-up, auditors found MEC officials made progress in … safety regulations and accurately report violations. In a follow-up, auditors found SED has made significant progress …
https://www.osc.ny.gov/press/releases/2017/12/state-comptroller-dinapoli-releases-auditsDiNapoli & Schneiderman Reach $10.75 Million Oil Spill Settlement With ExxonMobil
… work on behalf of the Oil Spill Fund.” “Oil spills are costly and dangerous to our communities,” said … as the 1930’s. The eight sites included in the settlement are Hilltop Service Station in Mahopac (Putnam County); Joe’s … at four of the eight sites where the cleanup efforts are ongoing or reimburse the Oil Spill Fund for any …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-schneiderman-reach-1075-million-oil-spill-settlement-exxonmobilDiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… two systems, which pay service and disability retirement benefits to state and local public employees and death benefits to their survivors. There … to pay out retirement benefits to its more than 1.2 million members, which includes over 710,000 current and …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26Cost-Saving Ideas: How to Reduce Energy Costs
… also makes communities greener. Pay Less for Energy In the competitive retail energy market, you’re no longer … are generally required for energy purchases. Choose from a variety of pricing plans (fixed, capped, indexed, seasonal … more about OGS contracts and find out how to be included in future bids. You may also find cost savings through …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-how-reduce-energy-costsState Comptroller DiNapoli Releases Audits
… York State Comptroller Thomas P. DiNapoli announced today the following audits and examinations have been issued. City … Staten Island Railway. The MTA also lacks assurance that all employees, including train operators, conductors and bus … (2017-F-16) A prior audit found NYPA did not include all of its property in the reports it submits to the state …
https://www.osc.ny.gov/press/releases/2019/02/state-comptroller-dinapoli-releases-auditsNY State Comptroller DiNapoli Doubles Low Emissions Index Investment to $4 Billion
… create an index that excludes or reduces holdings in the worst carbon emitters and shifts investments to lower emitting corporations. The … It has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's …
https://www.osc.ny.gov/press/releases/2018/01/ny-state-comptroller-dinapoli-doubles-low-emissions-index-investment-4-billionDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… New York City is expecting to generate a surplus of $3.7 billion in … in the out-years, below expectations for inflation. This rate of growth would be affordable, but spending is unlikely …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusDiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… in 2021 was $516,560, more than five times the average salary in the rest of the private sector. This included …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsSEC Municipal Advisor Rule Letter
The following information is being provided by the Office of the State Comptroller (“OSC”) so that market participants may provide advice on the issuance of mun
https://www.osc.ny.gov/files/debt/pdf/municipal-advisor-rule-letter.pdfDiNapoli: One in Ten New York Households Suffer From Food Insecurity
… 211, will direct people to help.” "Food insecurity knows no bounds, whether someone lives in New York City or in …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-one-ten-new-york-households-suffer-food-insecurityState Comptroller DiNapoli Releases Audits
… New York State Comptroller Thomas P. DiNapoli announced today the … operator’s compliance with the contract. New York State Health Insurance Program (NYSHIP): CVS Health – … addressing the problems identified in the initial audit. State Education Department (SED): E&D Children Center, Inc. – …
https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-releases-audits-0XI-A.9 Receiving – XI-A. Purchasing
… vendors may offer. Title 2, Chapter I, Part 6.6 of the New York Codes, Rules and Regulations requires agencies to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xia/xi-a9-receivingDiNapoli Issues Report on Public-Private Partnerships
… New York State Comptroller Thomas P. DiNapoli called for strong … For a copy of the report, visit: http://www.osc.state.ny.us/reports/infrastructure/p3_report_2013.pdf For a copy of … Comptroller’s January 2011 report, visit: www.osc.state.ny.us/reports/infrastructure/pppjan61202.pdf … New York State …
https://www.osc.ny.gov/press/releases/2013/06/dinapoli-issues-report-public-private-partnerships