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DiNapoli: New York Sees Improvement in Condition of Local Bridges
… cost for work needed on local bridges in the state in 2023 was approximately $29 billion, according to the U.S. Department of Transportation, Federal Highway … mostly counties, own 50.6% or 8,891 of the state’s bridges. New York Compared to the Nation Nationwide, 6.8% …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-new-york-sees-improvement-condition-local-bridgesDiNapoli: MTA Budget Gaps Return
… predicted subway ridership will reach 80% by the end of 2026, a much slower return than the consultant’s July 2021 …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-returnHannibal Fire Company – Misappropriation of Funds (2023M-59)
… – pdf] Audit Objective Determine whether the Hannibal Fire Company (Company) Board of Directors (Board) established adequate … Treasurer was able to misappropriate over $850,000 in Company funds during an eight-and-a-half-year period. For … audit hannibal fire company …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2023/07/21/hannibal-fire-company-misappropriation-funds-2023m-59State Comptroller DiNapoli Releases Municipal Audits
… not conduct required audits or adopt a procurement policy, investment policy or code of ethics, as required. Although …
https://www.osc.ny.gov/press/releases/2021/02/state-comptroller-dinapoli-releases-municipal-auditsPlanning and Financing New York State's Capital Investments, March 2014
Investment in capital assets is essential to New York’s economy and its quality of life.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-capital-investments-2014.pdfIV.3.B Miscellaneous Receipts – IV. Accounting Codes - Uses and Descriptions
… Investment Pool (STIP) represents a mechanism that allows for separate accounting for individual fund receipts and … OTB Tickets Uncashed winning tickets. 31023 Unclaimed Lottery Tickets Uncashed winning tickets. 31041 Uncashed … corporation to a for-profit corporation status. 32405 Lottery Tickets Lottery games ticket sales. 32406 Video …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv3b-miscellaneous-receiptsVirgil Fire District – Internal Controls Over Financial Operations (2012M-329)
… activities. Although the Board has adopted procurement, investment and code of ethics policies, it did not ensure …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/02/17/virgil-fire-district-internal-controls-over-financial-operations-2012m-329NY-Sun Incentive Program (Follow-Up)
… electricity come from renewable energy sources such as solar and wind by 2030. NY-Sun was launched in 2012 by the … to help establish a self-sustaining and self-sufficient solar industry in the State. Our initial audit report, which …
https://www.osc.ny.gov/state-agencies/audits/2018/06/20/ny-sun-incentive-program-followComptroller DiNapoli Releases Municipal Audits
… continues to provide taxpayers the assurance that their money is being spent appropriately and effectively.” Alton … County) The village general fund balance decreased from approximately $564,000 at the end of 2011-12 to less … available in future years. In addition, the city plans to borrow up to $13 million for tax certiorari settlements in …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-municipal-audits-1Emerging Manager Definition and Life Cycle
… Emerging Manager Program has compiled guidance including a Universal Definition and Life Cycle Stages to assist in … of asset class considerations. The Fund’s Emerging Manager Universal Definition includes characteristics such as: …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/emerging-manager-definition-and-life-cycleDiNapoli Statement on the Governor’s 9th Proposal for the 2018 State of the State
… New York State Comptroller Thomas P. DiNapoli released the following statement today in response to the Governor’s 9th Proposal for the 2018 State of the State, related to the New York State … The New York State Common Retirement Fund is a leader among …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-statement-governors-9th-proposal-2018-state-stateState Agencies Bulletin No. 793
… Act of 2006, the U.S. Department of Labor has issued a Final Regulation regarding Qualified Default Investment … notified OSC that OSC must begin to provide the date of birth (DOB) of each employee electing to join the Optional …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/793-date-birth-dob-requirement-new-members-tiaacref-retirement-planPember Library and Museum – Board Oversight of Financial Activities (2013M-285)
… Audit The purpose of our audit was to determine if Library/Museum officials provided adequate oversight of the Library/Museum’s financial activities for the period June 1, 2011 … through April 26, 2013. Background The Pember Library and Museum is located in the Village of Granville. The …
https://www.osc.ny.gov/local-government/audits/library/2014/01/03/pember-library-and-museum-board-oversight-financial-activities-2013m-285State Falls Short in Verifying if Companies Qualify for Tax Breaks Under Excelsior Program
… were full-time or part-time. ESD also could not produce evidence that several companies actually created jobs and did … gives away millions of dollars each year in tax breaks for companies that are supposed to create jobs and expand … 2012. In addition, 11 of the worksheets were for credits based on promised investments and each indicated that ESD …
https://www.osc.ny.gov/press/releases/2016/07/state-falls-short-verifying-if-companies-qualify-tax-breaks-under-excelsior-programDiNapoli: Jobs in NYC Construction Industry Took Huge Hit During Pandemic, Over 14% Decline
… The loss of 44,400 construction jobs due to the COVID-19 pandemic in 2020 was the state’s worst annual … fallout,” said Carlo A. Scissura, president and CEO of the New York Building Congress. “Comptroller DiNapoli’s … The loss of 44400 construction jobs due to the COVID19 pandemic in …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-jobs-nyc-construction-industry-took-huge-hit-during-pandemic-over-14-declineState Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District To Support Community Banking in South Bronx
… Comptroller’s office makes public deposits available to banks and credit unions to open or maintain a bank branch. … component of our financial system. Healthy Community Banks like Ponce Bank support local job growth by lending to … Ponce Bank was founded in the Bronx in 1960 when most banks fled an area assumed to be in-decline. The bank's …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-and-department-financial-services-superintendent-harris-designate-newGeneral Investment Policies for the New York State Common Retirement Fund
Intended to provide a framework for the operation of the Fund and to reflect the strategies and principles adopted by the Comptroller.
https://www.osc.ny.gov/files/common-retirement-fund/pdf/general-investment-policies.pdfDebt – 2021 Financial Condition Report
… bonds issued by the New York Local Government Assistance Corporation (LGAC), bonds issued by the Urban Development Corporation to refund certain LGAC bonds and the Municipal … with issuances by the Sales Tax Asset Receivable Corporation, which was refunded by the DASNY in June 2021, …
https://www.osc.ny.gov/reports/finance/2021-fcr/debtDiNapoli: State is Slow in Disbursing Some Federal Relief Funds for Housing
… 2020 (CARES Act) with a HUD-HCR funding agreement through 2026. $120 million in HOME Investment Partnership Program … Programs Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-state-slow-disbursing-some-federal-relief-funds-housingDiNapoli: Federal Funding Uncertainty Jeopardizes Impact of Inflation Reduction Act for New Yorkers
… the 2022 Inflation Reduction Act (IRA), including close to $2 billion in funds for environmental and energy purposes that could help lower costs to consumers during New York’s transition to clean energy. … from the 2022 Inflation Reduction Act IRA including close to $2 billion in funds for environmental and energy purposes …
https://www.osc.ny.gov/press/releases/2025/03/dinapoli-federal-funding-uncertainty-jeopardizes-impact-inflation-reduction-act-new-yorkers