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Preliminary Report on the State Fiscal Year 2014-15 Enacted Budget, April 2014
The State ended SFY 2013-14 in its most favorable financial position in years.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-enacted-preliminary-2014-15.pdfDiNapoli Estimates LIRR Strike Could Cause Up to $50 Million in Economic Loss Daily
… is still struggling to recover from Superstorm Sandy and the recession,” DiNapoli said. “Both sides must go the extra … reach a reasonable settlement so we can avoid the costly impact of a strike and the millions of dollars in lost … The impact of a strike would affect even those who do not rely on the LIRR because roads, subways and buses …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-estimates-lirr-strike-could-cause-50-million-economic-loss-dailyDiNapoli: Former Pulteney Fire District Treasurer Sentenced in $6,800 Theft of Fire District Funds
… Lisa Stone, the former treasurer of Pulteney Fire District No. 2 was sentenced to five years … working with us to bring Ms. Stone to justice.” Stone, 45, of Hammondsport, was sentenced by Steuben County Court Judge … fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by calling the toll-free …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-former-pulteney-fire-district-treasurer-sentenced-6800-theft-fire-district-fundsDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… help diversify the Fund’s investments and expand its pool of investors. DiNapoli made the announcement at the Fund’s … access to investment opportunities and broadens the pool of talented investment managers who want to do business with … the Fund’s overall investment strategy on behalf of the more than one million members and beneficiaries of the …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programDiNapoli: Audits Find More Than $1 Million of Waste in New York's Medicaid Program
… $61,711 in overpayments to providers because of incorrect Medicare coinsurance, copayment or deductible amounts. “The … In a separate report, DiNapoli’s auditors examined Medicare Part C claims for services rendered to Medicaid … because the providers billed claims with incorrect Medicare coinsurance, copayment, or deductible amounts. At …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-audits-find-more-1-million-waste-new-yorks-medicaid-programNYS Comptroller DiNapoli Supports Warren & Rosen Legislation to End Secrecy in Workplace Harassment Settlements
… sexual harassment and inappropriate workplace behavior to go unchecked put themselves and their investors in peril. As a major investor in companies from Wynn Resorts to News Corp., we've seen the damage that occurs when companies fail to stop such abhorrent behavior." … I strongly support Sen …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-supports-warren-rosen-legislation-end-secrecy-workplace-harassmentState Falls Short in Verifying if Companies Qualify for Tax Breaks Under Excelsior Program
… Empire State Development Corp. (ESD), the entity in charge of doling out millions of dollars in tax credits to companies that pledge to expand in New York state, could not verify that many of the companies … taken steps to verify the reported amounts. For example, on 31 of the worksheets provided, ESD workers made notations …
https://www.osc.ny.gov/press/releases/2016/07/state-falls-short-verifying-if-companies-qualify-tax-breaks-under-excelsior-programDiNapoli: Former West Hurley Fire District Chief and Chairman Plead Guilty in Corruption Probe
… by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State … of Investigations, 14th Floor, 110 State St., Albany, NY 12236. Review prior cases at http://www.osc.state.ny.us/investigations . … The West Hurley Fire Districts …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-former-west-hurley-fire-district-chief-and-chairman-plead-guilty-corruption-probeNew York State Comptroller DiNapoli: Wall Street Profits Rose in 2018, But Bonuses Fell
… decline in the financial markets in the fourth quarter of 2018, the securities industry still had a good year with … was still double the average annual salary in the rest of the City’s workforce. It’s too soon to say how the … growth in pretax profits for the broker/dealer operations of New York Stock Exchange member firms (the traditional …
https://www.osc.ny.gov/press/releases/2019/03/new-york-state-comptroller-dinapoli-wall-street-profits-rose-2018-bonuses-fellDiNapoli and Stewart-Cousins Encourage Residents to Claim More Than $100 Million in Lost Money
… Comptroller DiNapoli. “This money has been turned over to my office for temporary safe-keeping, and we want to return … said Senator Stewart-Cousins. “I wanted to make sure that my constituents, whose names or companies were on the … DiNapoli’s office were available to help local residents check to see if their name was listed in the unclaimed fund’s …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-and-stewart-cousins-encourage-residents-claim-more-100-million-lost-moneyDiNapoli: New Yorkers Foot the Bill for Billions in Public Authority Spending and Debt
… Thomas P. DiNapoli. Meanwhile, the combined debt of state and local authorities topped a quarter of a trillion dollars. “Public authorities borrow and spend billions of dollars outside the state budget,” DiNapoli said. “And …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-new-yorkers-foot-bill-billions-public-authority-spending-and-debtMedicaid Program – Administrative Costs Used in Premium Rate Setting of Mainstream Managed Care Organizations
… (MCOs) are submitting accurate administrative costs to the Department of Health (Department) and whether … The Department issues MMCOR instructions to guide MCOs on how to report administrative expenses. Of the $17.8 billion … subcontractor was responsible for paying. We assessed the impact of these non-allowable expenses on the administrative …
https://www.osc.ny.gov/state-agencies/audits/2017/09/13/medicaid-program-administrative-costs-used-premium-rate-setting-mainstream-managed-careDiNapoli: Financial Settlements and Federal Aid Boosted State Revenue to $149 Billion in 2014-15
… an increase of $11.4 billion, or 8.3 percent, from the prior year, largely because of one-time financial … which were used primarily for Medicaid (including new costs related to the Affordable Care Act), homeland security … level of reported year-over-year growth in spending but do not reduce interest costs. DiNapoli’s report also notes: …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-financial-settlements-and-federal-aid-boosted-state-revenue-149-billion-2014-15DiNapoli: OTDA Needs to Improve Oversight of Services Provided to Those in Homeless Shelters
… directly or contracting with third-party providers. OTDA’s role is to provide oversight of the Local Districts and … provider. The assessment, an evaluation of the client’s housing and care needs, is supposed to begin within one … pandemic restrictions and staffing shortages as the cause for timeliness problems, the majority of the cases …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-otda-needs-improve-oversight-services-provided-those-homeless-sheltersDiNapoli: Local Sales Tax Collections Grow by 1.5% in April Compared to Last Year
… increased by 1.5% in April compared to the same month in 2022, according to an analysis released today by State … weather unexpected shortfalls in collections.” For April 2023 compared with April 2022: New York City’s collections … what each municipality is due. In the third month of each calendar year quarter, these distributions are adjusted …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-local-sales-tax-collections-grow-1.5-percent-in-april-compared-last-yearDiNapoli: Employment Among Mothers in NYC Improves, But Unemployment Remains Higher Than Pre-Pandemic Levels
… Thomas P. DiNapoli. The report also found that 5.7% of city moms in the workforce were unemployed in 2022 … the city are the hardest hit, facing an unemployment rate of 9%. The city and state have improved access to early … the unemployment and labor force participation rates of mothers in New York City before, during and after the …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-employment-among-mothers-nyc-improves-unemployment-remains-higher-pre-pandemic-levelsDiNapoli: 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 … Fiscal Recovery Funds; $393 per capita in student loan costs from payment waivers; and $256 per capita for … among the 50 states and what they pay in federal taxes and how much they receive in federal spending. Past reports put …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-temporary-federal-spending-drives-nys-national-ranking-states-balance-paymentsDiNapoli: State Agency Overtime Costs Grew by 47.2% in 2022, Marking an All-Time High
… the size of the workforce spurred longer hours on the job for many. However, overtime is not a long-term substitute for proper staffing levels. State agencies should ensure that … of burning out.” Key Findings: Three agencies accounted for more than two-thirds of the state’s overtime including …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-state-agency-overtime-costs-grew-47-point-2-2022-marking-all-time-highDiNapoli: Local Sales Tax Collections in August Increase by Nearly 13% Over Last Year
… Local sales tax collections in New York state increased by 12.6% statewide in August compared to the same month in 2021, according to an analysis released … are adjusted upward or downward, so that the quarter as a whole reflects reported sales by vendors. The next …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-local-sales-tax-collections-august-increase-nearly-13-percent-over-last-yearDiNapoli: Audit Shows Former Highway Superintendent Took Taxpayers for a Ride in Town of Erin
… to an audit detailing the fraud released today by New York State Comptroller Thomas P. DiNapoli. In October 2013, the …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-audit-shows-former-highway-superintendent-took-taxpayers-ride-town-erin