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NYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… Securities industry profits rose dramatically in 2017 for the second consecutive year and the average bonus paid to … markets might impact profits in 2018." Pretax profits for the broker/dealer operations of New York Stock Exchange … but was still up 10 percent for all of 2017. The average salary (including bonuses) in the city's securities industry …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017Comptroller DiNapoli Visits Holocaust Memorial and Tolerance Center
… New York State Comptroller Thomas P. DiNapoli visited the Nassau County Holocaust Memorial and Tolerance Center in Glen Cove on September 9 to present a two-volume study on … the events of Kristallnacht (“The Night of the Broken Glass”) to the Center’s library. The book, titled “Pogrom …
https://www.osc.ny.gov/press/releases/2014/10/comptroller-dinapoli-visits-holocaust-memorial-and-tolerance-centerOversight of the Nourish New York Program
… (Nourish NY) provides adequate access to the program for farmers and connects citizens across the State to surplus … food supply system and caused serious economic hardships for farms and agribusinesses. Further, food insecurity remains a reality for many New York residents. Nourish NY was developed as a …
https://www.osc.ny.gov/state-agencies/audits/2023/09/21/oversight-nourish-new-york-programDiNapoli Calls For Stepped Up Enforcement of State's Bottle Bill
… deposits also provide a dedicated funding source for the state's Environmental Protection Fund," DiNapoli … deposits. By law, $23 million, plus certain penalties for violations of the deposit law go to the Environmental … Of the active deposit initiators, 39 did not file a return for any quarter during the audit period and eight were …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-calls-stepped-enforcement-states-bottle-billOpinion 92-33
… PARK DISTRICTS -- Powers and Duties (expenditures for promotional services) LOCAL LAWS -- Pre-emption (special … Services (promotional and publicity services); (procedures for obtaining) -- Contracts Not Requiring Bidding (promotional and publicity services); (procedures for obtaining) TOWN LAW, §64(14)(a): A town board by …
https://www.osc.ny.gov/legal-opinions/opinion-92-33DiNapoli: NYRA's Future Uncertain
… Resorts World New York City Casino is directed to NYRA for enhanced purses, operational support and capital … from VLT operations, NYRA reported an annual surplus for each year in the audit period of Jan. 1, 2012 through Dec. 31, 2014. For the three years audited, NYRA received about $318 million …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-nyras-future-uncertainDiNapoli: $1 Million in License Plate Contributions Sit Unused by State
… state has failed to spend the money New Yorkers have given for worthy or lifesaving causes.” In 2014, DiNapoli released … in six check-off funds, with nearly 90 percent of that for health-related causes including breast cancer, prostate … Fund. Auditors revealed DOH has received $108,225 for the Autism Awareness Fund since 2005 and disbursed a …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-1-million-license-plate-contributions-sit-unused-stateWall Street Profits Up in 2016
… back strongly in 2016. Lower costs more than made up for the continued decline in revenues," DiNapoli said. … the industry generates a significant amount of tax revenue for both the state and city budgets." Pretax profits for the … settlements from other noncompensation costs. The average salary (including bonuses) in the city’s securities industry …
https://www.osc.ny.gov/press/releases/2017/03/wall-street-profits-2016Newburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… State Comptroller, Preet Bharara, United States Attorney for the Southern District of New York, and Diego Rodriguez, … employment before their pension benefits are cut off for that year. According to the allegations contained in the … Thomas P. DiNapoli. "I thank U.S. Attorney Bharara for his continued partnership and commitment to combatting …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsDiNapoli: $2.9 Billion Hole Threatens MTA’s Capital Program
… new sources of income, or other financial support, to pay for additional debt service. The President’s proposed … pay operating expenses. It now can no longer afford to pay for the debt service on $9.8 billion in debt it had planned to issue for the transit and commuter rail portions of its capital …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-29-billion-hole-threatens-mtas-capital-programDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… The city’s financial position gives it an opportunity to increase its prepayments of FY 2023 spending, enhance its … to rise in FY 2023 by $1.5 billion from the prior year, an increase of $848 million from the November plan projection, with an anticipated increase in total property valuation of more than 8%. The …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusUse, Collection, and Reporting of Infection Control Data
… die. A March 18, 2020 report published by the Centers for Disease Control and Prevention (CDC) concluded: "Once … of patients in one facility places these persons at risk for severe morbidity and death. Rapid and sustained public … of COVID-19, the pandemic has had devastating consequences for older populations residing in congregate settings, such …
https://www.osc.ny.gov/state-agencies/audits/2022/03/15/use-collection-and-reporting-infection-control-dataLife Skills Home Training Tutorial Program for Preschoolers, Inc. – Compliance With the Reimbursable Cost Manual
… Objective To determine whether the costs reported by Life Skills Home Training Tutorial Program for Preschoolers, … the State Education Department’s (SED) Reimbursable Cost Manual (RCM) and the Consolidated Fiscal Reporting and …
https://www.osc.ny.gov/state-agencies/audits/2021/12/17/life-skills-home-training-tutorial-program-preschoolers-inc-compliance-reimbursable-costXI.14 Overview – XI. Procurement and Contract Management
… use of state funds and to alert businesses of procurement opportunities, Article 4-C of the Economic Development Law … exemptions from the advertisement of procurement opportunities, and provides information specifically related to the publication of grant opportunities. Guide to Financial Operations REV. 03/19/2012 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi14-overviewOversight of Mental Health Education in Schools
… to ensure that school districts have the necessary mental health education in place as required by law. We also sought … the Department is charged with the general management and supervision of the State’s school districts and the … health (American Academy of Pediatrics, Children’s Hospital Association, and American Academy of Child and …
https://www.osc.ny.gov/state-agencies/audits/2022/04/11/oversight-mental-health-education-schoolsCompliance With Freedom of Information Law Requirements
… agency, including public authorities, is required to make all eligible records available for public inspection or … the request will be granted or denied. Maintain a log of all FOIL requests and related communications with requestors, …
https://www.osc.ny.gov/state-agencies/audits/2020/10/16/compliance-freedom-information-law-requirementsDiNapoli: NYC Finances Gain Stronger Footing
… from $12.8 billion in January to $11.6 billion today. In all, federal aid will make up 16 percent of FY 2021 revenues, …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-nyc-finances-gain-stronger-footingKids Unlimited, PT, OT & SLP, PLLC – Compliance With the Reimbursable Cost Manual
… primarily on expenses claimed on Kids Unlimited’s CFR for the fiscal year ended June 30, 2015 and certain expenses claimed on its CFRs for the two fiscal years ended June 30, 2014. About the Program Kids Unlimited is a New York City-based for-profit organization authorized by SED to provide Special …
https://www.osc.ny.gov/state-agencies/audits/2020/12/31/kids-unlimited-pt-ot-slp-pllc-compliance-reimbursable-cost-manualOpinion 91-58
… with the local waterfront revitalization program for a tire-to-energy facility sought to be located at a … NYS2d 873, lv den 58 NY2d 604, 459 NYS2d 1027; Citizens For An Orderly Energy Policy v County of Suffolk , 90 AD2d … effect and that municipal moneys may not be expended for such purposes (1990 Opns St Comp No. 90-64, p 145; 1988 …
https://www.osc.ny.gov/legal-opinions/opinion-91-58DiNapoli Proposal Would Provide More Accountability for Personal Income Tax Check-Off Funds
… on their personal income tax forms, but too much of this money remains unused when it should be fighting … Fund and the World Trade Center Memorial Fund) at the end of state fiscal year (SFY) 2012-13. No spending had occurred out of two funds – the prostate cancer check-off and the …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposal-would-provide-more-accountability-personal-income-tax-check-funds