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Comptroller DiNapoli Releases Municipal Audits
… transparency and accountability for our local communities is a top priority,” said DiNapoli. “By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being spent appropriately and effectively.” Village of …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-municipal-audits-1Opinion 88-38
… of the 1965 Attorney General's Opinion is correct and that his interpretation is consistent with the plain language of …
https://www.osc.ny.gov/legal-opinions/opinion-88-38DiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… that the estimated value of the New York State Common Retirement Fund (Fund) was $242.3 billion at the end of the third quarter of state fiscal year 2022-23. For the three-month period ending Dec. 31, 2022, Fund … Our pensioners and members can remain confident that their benefits are safe thanks to our prudent management and …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterDiNapoli: Local Sales Tax Collections Grew by Over 14% in February Compared to Last Year
… reported sales by vendors. The next quarterly numbers (for January to March) will be available in April. Table …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-local-sales-tax-collections-grew-over-14-february-compared-last-yearDiNapoli: 16 School Districts Designated in Fiscal Stress
… as one-time federal funds are depleted and state aid is uncertain.” In response to the COVID-19 pandemic, the …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-16-school-districts-designated-fiscal-stressDiNapoli: Local Sales Tax Collections Up 2.5% in October Compared to Last Year
… said. “October’s increase marked the fourth straight month of overall growth between 2% and 4%. A return to relatively … 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: …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-local-sales-tax-collections-2-point-5-percent-october-compared-last-yearTreasurer of Mahopac Volunteer Fire Department Charged With Embezzling More Than $5.7 Million and Failing To Report The Income To The IRS
… 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 . * As the introductory phrase …
https://www.osc.ny.gov/press/releases/2016/06/treasurer-mahopac-volunteer-fire-department-charged-embezzling-more-57-million-and-failing-reportState Comptroller DiNapoli Releases School Audits
… his office completed audits of the Cortland Enlarged City School District , Miller Place Union Free School District and the Peru Central School District . "In an era of limited resources and … that schools make every dollar count," DiNapoli said. "By auditing school district and charter school finances and …
https://www.osc.ny.gov/press/releases/2017/06/state-comptroller-dinapoli-releases-school-audits-0DiNapoli: Local Sales Tax Collections Up Slightly in May
… Local sales tax collections in New York state increased by 1.1% in May compared to the same month in 2022, … and Region … Local sales tax collections in New York state increased by 11 in May compared to the same month in 2022 …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-local-sales-tax-collections-slightly-mayXVI.3.F Public Benefit Corporations – XVI. Financial Reporting
… of various State and Federal financial aid and loan programs. A 15-member board consisting of three State … dependent upon New York State for appropriations needed to balance its budget. Roswell Park Cancer Institute Corporation …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3f-public-benefit-corporationsXI.16 Vendor Responsibility – XI. Procurement and Contract Management
… These procurement record requirements help ensure that: Public dollars are being spent appropriately with responsible … of the proposed contractor. Section 8 of the Public Buildings Law provides that all contracts for amounts … constructed or to be constructed must be offered for public bidding and may be awarded to "the lowest responsible …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi16-vendor-responsibilityXI.2.I Unilateral Termination Provisions – XI. Procurement and Contract Management
… such a clause provides the vendor with the ability to walk away from its obligations under a contract, without … the vendor should not be provided with the ability to walk away from its contractual obligations without the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2i-unilateral-termination-provisionsDiNapoli Statement on Amazon's Agreement to Conduct an Independent Racial Equity Audit
… Retirement Fund is one of the largest public pension funds in the United States with assets of approximately …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-statement-amazons-agreement-conduct-independent-racial-equity-auditXI-A.1.A Separation of Duties – XI-A. Purchasing
… According to the Standards for Internal Control in New York State Government , separation of duties is a basic … these key functions helps ensure the agency orders what it needs, gets what was ordered, and only pays for the correct goods for the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xia/xi-a1a-separation-dutiesXII.9.D Refunds Owed to the State – XII. Expenditures
… SECTION OVERVIEW AND POLICIES This section provides Business Units with guidance on how to process monies owed to … the funds. This section outlines the process for each of these options. Cancel the check Process a credit memo … Chapter VII, Section 3 – AP Adjustment Voucher Overview of this Guide. The Division of the Treasury will cancel the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii9d-refunds-owed-stateCareer and Technical Education
… Objective To determine if the New York City (NYC or City) Department of … high schools. State, federal, and local law, as well as a mayor’s initiative, set guidelines and expectations for CTE … post-graduation placement. Key Findings DOE could not show how existing CTE programs aligned with labor market and …
https://www.osc.ny.gov/state-agencies/audits/2021/05/20/career-and-technical-educationDiNapoli: Local Sales Tax Collections Down 3.9 Percent for First Quarter of 2021
… our state’s fiscal recovery remain uncertain.” This is the fourth quarter in a row that overall collections have dropped …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-local-sales-tax-collections-down-3-point-9-percent-first-quarter-2021State Agencies Bulletin No. 1735.3
… Background DOB Bulletin G-1039 (issued December 27, 2018 and revised June 18, 2019 ) authorized the minimum hourly wage be increased for seasonal and other non-statutory positions to $15.00 for State employees whose job location is within the five …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/17353-minimum-wage-annual-employeesState Comptroller DiNapoli Releases School Audits
… City School District , Fulton City School District , Perry Central School District and the Sachem Central School … have also adequately segregated wire transfer duties. Perry Central School District – Financial Management (Wyoming …
https://www.osc.ny.gov/press/releases/2017/10/state-comptroller-dinapoli-releases-school-audits-0DiNapoli: Halfway Through the Year, Revenue Hole Persists
… Halfway through the state’s fiscal year, state tax receipts are trailing last year by $2.8 billion, … as they prepare to address our budget shortfall.” State tax revenues totaled $8.8 billion in September, $922.3 … the state has received from the federal Coronavirus Relief Fund. While the U.S. Treasury Department has provided …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-halfway-through-year-revenue-hole-persists