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DiNapoli: MTA Budget Continues to Face Serious Risks
… today by State Comptroller Thomas P. DiNapoli. “The MTA’s ambitious capital program promises significant … operating budget, which already faces risks. Unless the MTA can change the way it does business and reduce costs, for … the amount of outstanding long-term debt issued by the MTA more than tripled between 2000 and 2019, rising from …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-mta-budget-continues-face-serious-risksState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … annual financial reports were not filed with the Office of State Comptroller, as required. As of May 5, 2021, the … at Open Book New York . Track municipal spending, the state's 180,000 contracts, billions in state payments and …
https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-municipal-audits-2DiNapoli: MTA Faces Growing Risks to Its Capital Funding
New York state helped stabilize the MTAs finances last year but its capital program for maintaining and upgrading the regional transit system faces significant delays due to funding issues which may also pressure its next capital plan according to a report released today by State Comptroller Tho
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-mta-faces-growing-risks-its-capital-fundingDiNapoli Op-Ed in Newsday Urges Public Campaign Financing Commission to Keep Fusion Voting and Open Up Political Process
… by 2022. The full op-ed is below: It takes big money to run for political office in New York, especially for … and open the path. After years of proposals falling to the wayside, New York finally has taken a significant step … The commission has held hearings around the state to collect ideas on what changes might work. Some of the …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-op-ed-newsday-urges-public-campaign-financing-commission-keep-fusion-voting-and-openShareholders to Exxon: It's Time to Address Climate Change
… meeting, New York State Comptroller Thomas P. DiNapoli and the Church of England — supported by more than 60 institutional investors — will urge the company to address climate change risk. At the meeting, ExxonMobil's board of directors … meeting New York State Comptroller Thomas P DiNapoli and the Church of England supported by more than 60 institutional …
https://www.osc.ny.gov/press/releases/2016/05/shareholders-exxon-its-time-address-climate-changeJackson Child Development Center, Inc. – Compliance With the Reimbursable Cost Manual
… 2 fiscal years ended June 30, 2019. About the Program JCDC is a New York City-based not-for-profit organization approved …
https://www.osc.ny.gov/state-agencies/audits/2025/05/07/jackson-child-development-center-inc-compliance-reimbursable-cost-manualVII.2.A Direct Journal Payment – VII. State Revenues and Appropriated Loan Receivables
… is used to record payments received by an agency that do not need to be applied to a customer AR Item, such as … information for other types of miscellaneous receipts that do not need to be applied to an AR Item. Omissions and … is used to record payments received by an agency that do not need to be applied to a customer AR Item such as …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii2a-direct-journal-paymentAuditors Find Safety Hazards at Pre-K Facilities in New York City
… An examination of the New York City’s Department of Education’s (DOE) oversight of … and peeling paint, according to an audit released today by State Comptroller Thomas P. DiNapoli. “New York City is leading the way in providing access to … An examination of the New York Citys Department of Educations oversight of …
https://www.osc.ny.gov/press/releases/2019/06/auditors-find-safety-hazards-pre-k-facilities-new-york-cityJune 2002: Advance Refunding Bonds
… are issuing advance refunding bonds this year because the state is changing how it calculates and pays building aid. Building aid, rather than being based on actual debt service payments, will now be based on an … financed over 15 years is extended by 10 years to stretch-out the payments) or to achieve a present-value savings (A …
https://www.osc.ny.gov/local-government/publications/june-2002-advance-refunding-bondsOpinion 92-8
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … city bridge project) -- Proceeds (payment to State Comptroller) STREETS AND HIGHWAYS -- Improvements … by L 1991, ch 330, §9: A city may deposit with the State Comptroller the proceeds of bonds and notes issued by …
https://www.osc.ny.gov/legal-opinions/opinion-92-8Existential Questions Facing National Public Transit Systems Create New Fiscal Pressures for MTA
… systems, however, most likely due to increased overtime as employee availability dropped. In addition, while New York …
https://www.osc.ny.gov/reports/osdc/existential-questions-facing-national-public-transit-systems-create-new-fiscal-pressures-mtaGASB Statement 87, Leases
… assets include capital assets (land), buildings, vehicles and equipment. GASB 87 Does Not Apply to: Contracts that … Fixed payments; Variable payments that depend on an index or a rate (Consumer Price Index or market interest rate), initially measured using the …
https://www.osc.ny.gov/state-agencies/guidance/gasb-statement-87-leasesComptroller DiNapoli and A.G. Underwood Announce Guilty Plea of Queens Pharmacy Owner for $1.5 Million Medicaid Fraud Scheme
… Queens County admitting to defrauding the State’s Medicaid program out of $1.5 million. The case was investigated and … zero tolerance for those who defraud the state’s Medicaid program," said Attorney General Underwood. "We will continue … to enrich themselves at the expense of those who need the program for their fundamental health care." Supreme Court …
https://www.osc.ny.gov/press/releases/2018/06/comptroller-dinapoli-and-ag-underwood-announce-guilty-plea-queens-pharmacy-owner-15-million-medicaidOpinion 92-5
… use is public in nature, it may not be accomplished in violation of article VIII, §1 of the State Constitution. … , 76 AD2d 392, 430 NYS2d 847). Accordingly, there is no violation of article VIII, §1 if municipal or school district …
https://www.osc.ny.gov/legal-opinions/opinion-92-5Opinion 2002-14
… appropriateness of settlement) STATE CONSTITUTION, ARTICLE VIII, §1; VILLAGE LAW §§1-102(5), 4-400(1)(l), … monies to the property owners under these circumstances. Article VIII, §1 of the State Constitution prohibits … or private corporation, association or undertaking. Article VIII, §1 generally prohibits the expenditure of …
https://www.osc.ny.gov/legal-opinions/opinion-2002-14DiNapoli: Report Warns of Growing State Debt
… the following four years to $71.8 billion, according to a report issued today by New York State Comptroller Thomas P. … state's current five-year capital plan period. DiNapoli's report notes: New York's current debt total is second only to … plan to guide the five-year Capital Plan. Read the report , or go to: …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-report-warns-growing-state-debtOpinion 88-45
… in the opinion. CAPITAL IMPROVEMENTS -- Financing of (bank line of credit unauthorized) LOCAL FINANCE LAW, §§20.00, … the Local Finance Law to borrow by the establishment of a line of credit with a bank but may issue capital notes to the … be permitted to draw against the entire amount of the line all at once or in increments. Interest would be payable …
https://www.osc.ny.gov/legal-opinions/opinion-88-45DiNapoli: State Medicaid Needs to Stop Paying Bills That Federally Funded Plans Should Cover
The state Department of Health DOH can save hundreds of millions of dollars in costs if it strengthens its oversight of enrollment in Medicaid and other public health plans according to two audits released today by State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-state-medicaid-needs-stop-paying-bills-federally-funded-plans-should-coverDiNapoli: Temporary Federal Spending Drives Up NY’s National Ranking in States’ Balance of Payments
… The surge in federal spending in response to the COVID-19 pandemic significantly improved New York’s per … The surge in federal spending in response to the COVID19 pandemic significantly improved New Yorks per …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-temporary-federal-spending-drives-nys-national-ranking-states-balance-paymentsOversight of Disability Services
… Objective To determine whether the State University of New York has adequately provided access to campuses, programs, and services to students with … To determine whether the State University of New York has …
https://www.osc.ny.gov/state-agencies/audits/2023/08/09/oversight-disability-services