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DiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… DiNapoli said. “As the state pension fund’s trustee, it’s my responsibility to protect and strengthen our investments. …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksDiNapoli and Orange County DA Hoovler Detail Guilty Plea in Pension Fraud Case
… New York State Comptroller Thomas P. DiNapoli and Orange County District Attorney David M. Hoovler … mother was a pensioner, vested in the New York State and Local Retirement System (NYSLRS). At the time that … defendant would be held accountable for her actions.” The case is prosecuted by Assistant District Attorney Tanja …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-and-orange-county-da-hoovler-detail-guilty-plea-pension-fraud-caseIndependent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… the Comptroller and Fund staff for holding “themselves to the highest ethical, professional and conflict of interest … behavior or misconduct. The Common Retirement Fund was able to sustain operational integrity and meet their … past recommendations, particularly in staffing, but recommended adding staff and resources for compliance and …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsSpringville-Griffith Institute Central School District – Access to Network and Information Applications (2021M-148)
… secured access to the network, student information and financial applications. Key Findings Although District … they did not adequately secure access to the network and financial application. District officials did not: … Key Recommendations Review generic network user accounts and ensure that unnecessary accounts are disabled. Review …
https://www.osc.ny.gov/local-government/audits/school-district/2022/01/07/springville-griffith-institute-central-school-district-access-network-andAudit Finds Operational and Oversight Failures Led to Financial Instability in Mount Vernon
… Mount Vernon’s fiscal crisis,” DiNapoli said. “It is time for city officials to turn the page and overhaul their fiscal … a timely manner. 60 claims totaling $460,584 were not paid for essential services and infrastructure. The city lacked … a series of changes in response to the audit. Their full responses are included in the audit. Audits City of …
https://www.osc.ny.gov/press/releases/2022/01/audit-finds-operational-and-oversight-failures-led-financial-instability-mount-vernonSt. Lawrence County Industrial Development Agency and Local Development Corporation – Disbursements (2021M-174)
Determine whether the St Lawrence County Industrial Development Agency Local Development Corporation LDC officials ensured disbursements were properly authorized supported and for valid purposes
https://www.osc.ny.gov/local-government/audits/county/2022/01/21/st-lawrence-county-industrial-development-agency-and-local-development-corporationNYS Comptroller DiNapoli Seeks Answers From Companies on Sexual Harassment and Racial Discrimination
… to sexual abuse or harassment or discrimination based on race, religion, sex, national origin, age, disability, gender … the subject of news reports and allegations of gender and race discrimination, harassment and retaliation. In October …
https://www.osc.ny.gov/press/releases/2022/02/nys-comptroller-dinapoli-seeks-answers-companies-sexual-harassment-and-racial-discriminationNew York’s Economy and Finances in the COVID-19 Era (June 24, 2021)
… June 24, 2021 Edition Growth in Use of Telehealth Services Among Medicaid and Child Health … a small share of overall utilization. The U.S. Centers for Medicare & Medicaid Services (CMS) defines telehealth … services as “the exchange of medical information from one site to another through electronic communication to improve a …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-24-2021COVID-19 Causes Big Financial Hit to NYC Arts, Entertainment and Recreation Industry
… coordination to provide establishments with clear guidance for venues to reopen and make use of outdoor space to expand … a more dynamic or deeper array of venues and museums for arts and entertainment than New York,” DiNapoli said. … 70 percent of the establishments and the highest average salary among the boroughs at $81,920. The …
https://www.osc.ny.gov/press/releases/2021/02/covid-19-causes-big-financial-hit-nyc-arts-entertainment-and-recreation-industryNew York’s Economy and Finances in the COVID-19 Era (February 18, 2021)
New York ranks seventh among all the states in the percentage of adults who are experiencing food scarcity at 14 percent compared to the 11 percent national rate according to the US Census Bureaus latest Household Pulse survey
https://www.osc.ny.gov/reports/impact-covid-19-february-18-2021Tioga Central School District – Health Insurance and Special Education Cost Savings (2020M-84)
… - pdf ] Audit Objective Determine whether Tioga Central School District (District) officials could achieve cost … corrective action. … Determine whether Tioga Central School District District officials could achieve cost savings …
https://www.osc.ny.gov/local-government/audits/school-district/2020/11/13/tioga-central-school-district-health-insurance-and-special-education-costDiNapoli Recovers $42K From Woman Who Stole From State and Local Retirement System
… New York State Comptroller Thomas P. DiNapoli and the New York … an egregious act. Ms. Robertson kept her mother's death a secret to steal her pension. She was caught and now she must …
https://www.osc.ny.gov/press/releases/2019/12/dinapoli-recovers-42k-woman-who-stole-state-and-local-retirement-systemMount Sinai Fire District - Financial Condition and Price Quotations for Purchases (2019M-83)
… report - pdf] Audit Objective Determine if the Board and District officials effectively managed the District’s … Key Findings The Board overestimated appropriations and transferred nearly the entire operating surplus to the … of a reasonable level of fund balance, the funding and use of reserves and a multiyear financial plan. Adopt …
https://www.osc.ny.gov/local-government/audits/fire-district/2019/08/23/mount-sinai-fire-district-financial-condition-and-price-quotationsOversight of Security Expenses in Single Adult and Adult Family Homeless Shelters (Follow-Up)
… of implementation of the ten recommendations included in our initial audit report, Oversight of Security Expenses in Single Adult and Adult Family Homeless Shelters (Report … for shelter system management of homeless shelters in the City. The majority of shelters are operated by private …
https://www.osc.ny.gov/state-agencies/audits/2019/12/10/oversight-security-expenses-single-adult-and-adult-family-homeless-shelters-followTown of Halfmoon – Financial Condition of the General and Highway Funds (2013M-55)
… 30, 2012. Background The Town of Halfmoon is located in Saratoga County and has a population of approximately … not develop budgets with realistic estimates of revenues. In recent years, the Board over-estimated the sales tax …
https://www.osc.ny.gov/local-government/audits/town/2013/08/06/town-halfmoon-financial-condition-general-and-highway-funds-2013m-55New York’s Economy and Finances in the COVID-19 Era (April 16, 2021)
… Edition Analysis of the Paycheck Protection Program in New York The Paycheck Protection Program (PPP) is a loan … the end of February. Below are the key findings for New York and the figures presenting the data, which are also available as a printable PDF . New York entities received 489,100 loans totaling $51.0 …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021Village of Castleton-on-Hudson – Internal Controls Over Information Technology and Online Banking (2013M-59)
… Purpose of Audit The purpose of our audit was to review the Village’s internal controls … information technology and online banking for the period of June 1, 2011, to September 30, 2012. Background The …
https://www.osc.ny.gov/local-government/audits/village/2013/05/24/village-castleton-hudson-internal-controls-over-information-technology-and-onlineVillage of Brightwaters – Financial Operations, Conflict of Interest and Information Technology (2012M-190)
… audit was to review selected Village financial operations for the period June 1, 2010, through February 29, 2012. … Trustees and an elected Mayor. Operating expenditures for the 2010-11 fiscal year were $2,866,612. Key Findings … failed to audit all claims as required by Village Law. For the fiscal year ended May 31, 2011, the Board reviewed …
https://www.osc.ny.gov/local-government/audits/village/2013/02/22/village-brightwaters-financial-operations-conflict-interest-and-informationNew York’s Economy and Finances in the COVID-19 Era (May 13, 2021)
… May 13, 2021 Edition Economic Impact Payments in New York Since March 2020, the federal government has enacted … of this, $23.8 billion (or 5.8 percent) was received by New York residents, accounting for 1.6 percent of New Yorkers’ personal income in 2020. New York ranked fourth …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-may-13-2021New York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… Four Out of Five Small Businesses in NY Continue to Report a Negative Overall Impact From COVID-19 One year since the … less than 500 employees) surveyed reported an overall negative impact in their business in the first week of March …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021