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2024 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.pdfFiscal Stress Monitoring System – 2022-23 School Districts in Stress
The Fiscal Stress Monitoring System and resulting fiscal stress designations rely on data (as of 12/29/2023) from ST-3 reports submitted by school districts to the State Education Department.
https://www.osc.ny.gov/files/local-government/fiscal-monitoring/pdf/2023-schools-stressed.pdfFiscal 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.pdfThe Cost of Living in New York City: Food
In 2022, the food price index in the New York City metropolitan area grew 8.8 percent from 2021, the highest growth in over 40 years.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-2-2026.pdfOversight of Undistributed Child Support Funds
… support programs help enhance the well-being of children in many ways, including by enforcing child support … local social services district offices (districts) located in New York City and the State’s 57 other counties (the five … guidance from OTDA. Only three districts had a process in place to petition Family Court – initiating the process to …
https://www.osc.ny.gov/state-agencies/audits/2018/02/09/oversight-undistributed-child-support-fundsFiscal Oversight and Monitoring of AIDS Institute Service Provider Contracts
… diseases, viral hepatitis, and related health concerns. In addition, the Institute promotes the health of LGBT … grantees to ensure solvency and effective operations. In September 2014, the Comptroller’s Bureau of State … with contract requirements. The Institute continues to place significant reliance on its budget approval and …
https://www.osc.ny.gov/state-agencies/audits/2017/05/22/fiscal-oversight-and-monitoring-aids-institute-service-provider-contractsComptroller DiNapoli Releases Municipal Audits
… audits of the Niskayuna No. 2 Fire District , Northville Public Library , Town of North Norwich and the Town of Phelps . “In today’s fiscal climate, budget transparency and …
https://www.osc.ny.gov/press/releases/2015/08/comptroller-dinapoli-releases-municipal-auditsDiNapoli: Former Non-Profit Executive Pleads Guilty to Falsifying Business Records
… and encourages the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-former-non-profit-executive-pleads-guilty-falsifying-business-recordsOlean Firefighter Charged With Stealing Over $116,000 From City's Fire Department
… New York State Comptroller Thomas P. DiNapoli, Cattaraugus … credit card bills directly from the fire department’s account and writing unauthorized checks to himself. Gaylor …
https://www.osc.ny.gov/press/releases/2022/01/olean-firefighter-charged-stealing-over-116000-citys-fire-departmentState Comptroller Releases Municipal Audits
… financial operations while developing their 2021 fiscal year budgets. Below are the findings of some of the … financial operations while developing their 2021 fiscal year budgets …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-releases-municipal-auditsDiNapoli: Former State Employee Arrested for Falsely Claiming She Never Received $4K Loan Check from New York State and Local Retirement System
… New York State Comptroller Thomas P. DiNapoli and the New … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-state-employee-arrested-falsely-claiming-she-never-received-4k-loan-check-new-yorkReal Estate Portfolio
… Purpose To determine whether the New York Power Authority has accounted for all of its real estate holdings, determined the need to either hold or …
https://www.osc.ny.gov/state-agencies/audits/2014/06/20/real-estate-portfolioSelected Aspects of Discretionary Spending
… Operating Corporation of the State of New York (RIOC) is a public benefit corporation and a political subdivision of the … York. RIOC was created by the New York State Legislature in 1984 to take responsibility, pursuant to a General … 147 acres comprising the former Welfare Island, located in New York City’s East River. RIOC assumed the role of the …
https://www.osc.ny.gov/state-agencies/audits/2014/09/30/selected-aspects-discretionary-spending-3DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… was 11.55% for the state fiscal year that ended March 31, 2024. The Fund closed the year with an estimated value of … consumer spending remaining strong,” DiNapoli said. “While inflation persists and global tensions pose risks to investors, the Fund, thanks to its prudent management and …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24Vested Retirement Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Eligibility You are eligible for a vested retirement benefit if you leave public employment before retirement age and you …
https://www.osc.ny.gov/retirement/publications/1511/vested-retirement-benefitDiNapoli Releases Bond Calendar for March and April
… Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for New York State, New York City and their major public authorities during the months of March …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-bond-calendar-march-and-aprilDiNapoli Calls on Major Corporations to Conduct Racial Equity Audits
… and must ensure that they do not harm their bottom line. Our state’s pension fund is committed to ensuring the … and their shareholders, at risk. All five proposals call on the board of directors of each company to commission a racial equity audit analyzing the company’s impacts on civil rights, equity, diversity and inclusion, and the …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-calls-major-corporations-conduct-racial-equity-auditsDiNapoli: Local Sales Tax Collection Growth Highest Since 2013
… we know, collections are dependent on consumer spending, and the impact of new federal tax changes on this spending is … occurring in the fourth quarter (5.7 percent), which was one-third higher than growth in the fourth quarter of 2016 … had year-over-year growth rates of under one percent. In some cases, strong second half growth in sales tax …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-local-sales-tax-collection-growth-highest-2013DiNapoli: NYC Health + Hospitals Struggles With Temporary Staffing Costs
… A new report released today by State Comptroller Thomas P. … pressures, particularly a shortage of staff nurses, in NYC Health + Hospitals (H+H) facilities, leading to an … overall and statewide. RN employment also declined in New York City and the rest of the state between 2019 and 2022 by …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-nyc-health-hospitals-struggles-temporary-staffing-costsDetermination of Residency for Tuition Purposes (Follow-Up)
The objective of our followup was to assess the extent of implementation as of October 2024 of the four recommendations included in our initial audit report State University of New York Determination of Residency for Tuition Purposes Report 2019S58
https://www.osc.ny.gov/state-agencies/audits/2025/02/11/determination-residency-tuition-purposes-follow