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Fiscal Stress Monitoring System – 2023-24 School Districts in Stress
Fiscal Stress Monitoring System – 2023-24 School Districts in Stress
https://www.osc.ny.gov/files/local-government/fiscal-monitoring/pdf/2024-schools-stressed.pdf2024 Year in Review: Fiscal Responsibility, Stewardship and Transparency
A look back at some of the initiatives and major accomplishments of the Office of the New York State Comptroller in 2024.
https://www.osc.ny.gov/files/reports/pdf/2024-year-in-review.pdfOpinion 98-20
… that bear on the issues discussed in the opinion. FIRE COMPANY -- Fire Police Squads (qualification for appointment … -- Powers and Duties (establishment of minimum service requirement for appointment to fire police squad) … training as provided by any general or local law (see, e.g., Criminal Procedures Law, §§2.10[41], 2.30) if the person …
https://www.osc.ny.gov/legal-opinions/opinion-98-20Stafford Fire Department, Inc. – Controls Over Financial Activities (2014M-274)
… Inc. is located in the Town of Stafford in Genesee County and provides fire protection services to the Town … audit of the Department’s records by an independent public accountant, as required by law. Key Recommendations Ensure … all bills prior to payment. Engage an independent public accountant to conduct an audit of the Department’s finances. …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/12/24/stafford-fire-department-inc-controls-over-financialTown of Carlton – Town Supervisor’s Fiscal Responsibilities (2017M-263)
… October 2, 2017. Background The Town of Carlton is located in Orleans County and has a population of approximately … were accurate and complete and did not deposit receipts in a timely manner. We found that 93 percent of receipts … for fiscal years 2015 and 2016 and has not provided the public accountant hired to audit the books and records with …
https://www.osc.ny.gov/local-government/audits/town/2018/02/16/town-carlton-town-supervisors-fiscal-responsibilities-2017m-263DiNapoli: Local Sales Tax Revenue Slows in 2016
… Local sales tax collections across New York state only grew 1.7 … to 0.8 percent in the second quarter. “While statewide sales tax revenues continue to rebound slowly, only some … state are seeing growth,” DiNapoli said. “The slowdown in sales tax collection growth reflects a three-year trend. …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-local-sales-tax-revenue-slows-2016DiNapoli: 14 School Districts Designated in Fiscal Stress
… Fourteen school districts statewide were designated in some level of fiscal stress under New York State … Thomas P. DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending on June 30, 2022, down from 23 … Fourteen school districts statewide were designated in some level of …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-14-school-districts-designated-fiscal-stressDiNapoli Halts $24 Million in Suspicious Tax Refunds
… sure only legitimate refunds are paid.” DiNapoli’s office audits all New York state bills prior to payment, including … For a copy of the report, visit: http://osc.state.ny.us/audits/allaudits/bseaudits/bse20140416.pdf …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-halts-24-million-suspicious-tax-refundsDiNapoli: 16 School Districts Designated in Fiscal Stress
… Sixteen school districts were designated in some level of fiscal stress under New York State Comptroller … for cashflow. The higher the score, the more severe the level of stress. This release of scores, which excludes New … Sixteen school districts were designated in some level of fiscal stress under New York State Comptroller …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-16-school-districts-designated-fiscal-stressDiNapoli: Surge in Tourism Bolsters NYC Hotel Industry
… The number of hotel rooms in New York City increased by 48 … jobs increased by 29 percent, according to a report issued today by State Comptroller Thomas P. DiNapoli. "The hotel … The number of hotel rooms in New York City increased by 48 percent between 2006 and …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-surge-tourism-bolsters-nyc-hotel-industryWall Street Bonuses and Profits Decline in 2015
… in 2015, reflecting a challenging year in the financial markets,” DiNapoli said. “While the cost of legal … six times higher than salaries in the rest of the City’s private sector ($72,300); Although the securities industry is … engines. The industry accounted for 22 percent of all private sector wages paid in New York City in 2014 even …
https://www.osc.ny.gov/press/releases/2016/03/wall-street-bonuses-and-profits-decline-2015DiNapoli: Federal Programs Bridge Gap in Broadband Access
… Analysis Economic and Policy Insights – Making Strides on Broadband Affordability Availability, Access, and …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-federal-programs-bridge-gap-broadband-accessDiNapoli: Audit Finds $6.8 Million in Medicaid Overpayments
… billed medical services that should have been covered by managed care plans, according to an audit released today by State Comptroller Thomas P. DiNapoli. By the end of audit fieldwork, about $2.4 million of the … billed medical services that should have been covered by managed care plans according to an audit released today by …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-finds-68-million-medicaid-overpaymentsXIII.9 Allowed Values for Processing Payments in SFS – XIII. Employee Expense Reimbursement
… This section provides the allowed values to be used when processing employee expense reimbursements. Business … defines the Business Purposes that an employee can select when completing an Expense Report in the SFS Travel and … and defines the Expense Types that an employee can select when completing an Expense Report in the SFS Travel and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii9-allowed-values-processing-payments-sfsIX.4.J State Requirements in Support of CMIA Implementation – IX. Federal Grants
For most federal programs subject to CMIA interest liabilities will be calculated from the SFS and bank records
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix4j-state-requirements-support-cmia-implementationDiNapoli: 23 School Districts Designated in Fiscal Stress
… that school districts faced in SY 2020-21, the first full year of operations under pandemic conditions. The report … School Districts in Stress Fiscal Years Ending 2021 Full List and Detailed Information for School District Stress …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-23-school-districts-designated-fiscal-stressLocal Sales Tax Collections Up 19% in 2021
… of New York City in 2021 in contrast to 2020. Nearly every county had double-digit growth in 2021, with over one-third of them exceeding 20%. Sullivan County had the highest growth at 31.5%, followed by Orange … . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial …
https://www.osc.ny.gov/press/releases/2022/02/local-sales-tax-collections-19-percent-2021DiNapoli: Motor Vehicle Fatalities Rise Sharply in NY
… Motor vehicle fatalities in New York state rose 25.8% from 2019-2022, with fatalities at … highest level in a decade in 2022, even as the number of vehicle miles travelled, licensed drivers, and traffic … Motor vehicle fatalities in New York state …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-motor-vehicle-fatalities-rise-sharply-nySelected State Agencies’ Roles in Financial Literacy (Follow-Up)
… Objective To assess the extent of implementation of the five recommendations included in our initial audit report, Selected State Agencies’ Roles … the skills, knowledge, and tools that equip people to make individual financial decisions and actions to attain …
https://www.osc.ny.gov/state-agencies/audits/2024/10/23/selected-state-agencies-roles-financial-literacy-followDiNapoli Named Lead Plaintiff in Crowdstrike Shareholder Lawsuit
… Retirement Fund (Fund), has been appointed lead plaintiff in a securities fraud class action lawsuit filed against the … company’s failed software updates and resulting plummet in share value. “Crowdstrike misled investors by falsely … exposed after it caused one of the largest cyber-disasters in history leading to a worldwide shutdown and billions in …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-named-lead-plaintiff-crowdstrike-shareholder-lawsuit