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DiNapoli: Contribute to 529 College Savings Account by Dec. 31 for Tax Benefits
… portfolios have been added to the Direct Plan's three age-based options. This will smooth the transition steps from … conservative investments as the beneficiary nears college age. In addition to the new investment options, program fees … There are over 198,000 Advisor-Guided accounts valued at $4.92 billion. New York's 529 Program has paid out more than …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-contribute-529-college-savings-account-dec-31-tax-benefitsQuestionable Payments for Practitioner Services and Pharmacy Claims Pertaining to a Selected Physician (Follow-Up)
… Purpose To determine the implementation status of the four recommendations made in our initial audit report, … Dr. Riaz Ahmad, to support his Medicaid claims. Our review of a sample of Dr. Ahmad’s medical records found they contained … To determine the implementation status of the four recommendations made in our initial audit report …
https://www.osc.ny.gov/state-agencies/audits/2017/09/19/questionable-payments-practitioner-services-and-pharmacy-claims-pertaining-selectedDiNapoli: Amid Federal Funding Uncertainty, State Must Focus on Programs To Aid Seniors
… Population and Demand for Services New York’s population of people aged 60 and over is projected to reach approximately 5.5 million by 2030. Nearly 70% of adults over 65 are expected to need some form of long-term care during their lifetime. Federal funding that …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-amid-federal-funding-uncertainty-state-must-focus-programs-aid-seniorsDiNapoli: Former Vernon Center Fire Department Treasurer Pleads Guilty to Stealing Over $300,000
… New York State Police and the New York State Comptroller’s Office for their hard work as well as the efforts of my … responsible and prosecuted to the fullest extent of the law.” James said, “This guilty plea demonstrates the vital … to various legitimate fire department vendors into his personal accounts and deposited checks intended for the …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-former-vernon-center-fire-department-treasurer-pleads-guilty-stealing-over-300000DiNapoli: Local Sales Tax Collections Up 1.5% in April Compared to Last Year
… driven by New York City,” DiNapoli said. “Over two-fifths of counties experienced year-over-year declines for the … understand how sales tax is performing in their part of the state.” In April 2024: New York City’s collections totaled $786 million, an increase of 3.9%, or $29.5 million, compared to the same time last …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-local-sales-tax-collections-15-april-compared-last-yearDiNapoli: Pharma Company Agrees To Bar Its Drugs From Use In State Executions
… Fund shareholder resolution, Akorn Pharmaceuticals is taking action to prevent its products from being used in lethal injection executions and is asking any states that might have its products on hand for such purposes to return them. The company detailed its …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-pharma-company-agrees-bar-its-drugs-use-state-executionsDiNapoli: Local Sales Tax Collections Up 3.9% in May Compared to Last Year
… in New York state increased by 3.9% in May compared to the same month in 2023, according to data released today by State Comptroller Thomas P. … DiNapoli said. “New York City collections continued to be the main driver of growth, although most counties also … in New York state increased by 39 in May compared to the same month in 2023 according to data released today by …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-local-sales-tax-collections-up-39-percent-in-may-compared-last-yearDiNapoli: Local Sales Tax Collections Near Flat in January Compared to Last Year
… “With overall growth having moderated over the course of 2023, local officials should remain cautious in their … York City’s collections totaled $873 million, an increase of 3.5%, or $29 million, from a year earlier. County and city collections in the rest of the state totaled $910 million, a decrease of -2.8%. Fewer …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-local-sales-tax-collections-near-flat-january-compared-last-yearDiNapoli: Local Sales Tax Collections Up 1.6% in February Compared to Last Year
… York City’s collections totaled $759 million, an increase of 5.7%, or $40.7 million, from a year earlier. County and city collections in the rest of the state totaled $805 million, a decrease of -2.2%. Nearly two-thirds (37 of 57) of counties …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-local-sales-tax-collections-16-february-compared-last-yearDiNapoli: End of Continuous Medicaid Enrollment Requirement Poses Risks to State Financial Plan
… coverage in March 2023, New York state began the process of redetermining eligibility for every enrolled individual. … this “unwinding” may not meet projections in the Division of the Budget’s (DOB) Mid-Year Update to the Enacted Budget … the state budget. “Increased enrollment in Medicaid is one of the key reasons New York has one of the lowest rates of …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-end-continuous-medicaid-enrollment-requirement-poses-risks-state-financial-planDiNapoli: Buffalo Woman Pleads Guilty to Stealing Her Deceased Grandmother's State Pension Payments
… stealing more than $54,715 in state pension payments meant for her deceased grandmother, State Comptroller Thomas P. … I want to thank the New York State Comptroller’s Office for their work on this case and their partnership with our … before Judge Paul Wojtaszek. Her sentencing is scheduled for Feb. 8, 2024. Since taking office in 2007, DiNapoli has …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-buffalo-woman-pleads-guilty-stealing-her-deceased-grandmothers-state-pension-paymentsDiNapoli: Local Sales Tax Collections Up 2.5% in October Compared to Last Year
… collections, as was seen in the years before the pandemic, is a positive sign of stability and could help local officials better estimate this source of revenue.” For October 2023, compared with October 2022: New York City’s collections totaled $809 …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-local-sales-tax-collections-2-point-5-percent-october-compared-last-yearDiNapoli: NYS Pension Fund Commits $50 Million to NY Small Business Investment Fund
… $50 million to a private equity fund managed by Hamilton Lane aimed at supporting small businesses across New York, … Company (SBIC) Fund II L.P., managed by Hamilton Lane. The SBIC Fund II has approximately $150 million in … launched in 2022 and is built upon the success of Hamilton Lane’s first SBIC offering, the New York SBIC Fund I, …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-nys-pension-fund-commits-50-million-ny-small-business-investment-fundLocal Sales Tax Collections Grew by Over 9% in January Compared to Last Year
… York City’s collections totaled $844 million, an increase of 8.8%, or $68 million, over January of 2022. Every county experienced some year-over-year growth … cities are based on estimates by the state Department of Taxation and Finance. In the third month of each calendar …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-over-9-percent-january-compared-last-yearAudit Finds Operational and Oversight Failures Led to Financial Instability in Mount Vernon
… to Mount Vernon’s fiscal crisis,” DiNapoli said. “It is time for city officials to turn the page and overhaul their fiscal operations. I am encouraged by the response of Mayor Patterson-Howard and …
https://www.osc.ny.gov/press/releases/2022/01/audit-finds-operational-and-oversight-failures-led-financial-instability-mount-vernonDiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… Unrestricted state aid for cities, towns and villages has remained flat or declined … York State Comptroller Thomas P. DiNapoli. When adjusted for inflation, unrestricted aid to local governments has … enacted. Because this aid can be used by municipalities for any governmental purpose, it is an important revenue …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationDiNapoli: Former Director Pleads Guilty to Stealing $1,700 From Hornell Partners for Growth
… Stevens, the former executive director of Hornell Partners for Growth (HPG), pleaded guilty to Grand Larceny in the Fourth Degree for stealing $1,711 in cash from the non-profit’s Annual Fourth of July festival that was earmarked for the city’s Business Improvement District. "Stevens …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-former-director-pleads-guilty-stealing-1700-hornell-partners-growthSpringville-Griffith Institute Central School District – Access to Network and Information Applications (2021M-148)
… ] Audit Objective Determine whether Springville-Griffith Institute Central School District (District) officials … 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: …
https://www.osc.ny.gov/local-government/audits/school-district/2022/01/07/springville-griffith-institute-central-school-district-access-network-andDiNapoli: Former Village of Bemus Point Clerk-Treasurer Pleads Guilty to Embezzling Village Funds
… B. Quattrone today announced that former clerk-treasurer of the village of Bemus Point, Jennifer Jaegar, pleaded guilty to the theft of more than $58,000 in village funds. Jaeger, 39, of Bemus … B Quattrone today announced that former clerktreasurer of the village of Bemus Point Jennifer Jaegar pleaded guilty …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-former-village-bemus-point-clerk-treasurer-pleads-guilty-embezzling-village-fundsDiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
… funding and timely payments from all government sources is needed to keep the largest municipal health system in the … While these funds have received preliminary approval, it is uncertain when the funds will flow to H+H. Federal aid … $580 million will be delayed. City-funded support to H+H is projected to exceed $2 billion in FYs 2022 through 2025, …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-care