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DiNapoli: NYRA's Future Uncertain
… to NYRA’s racing-related deficits. “NYRA relies on Video Lottery Terminals to stay in the black, but that … Under NYRA’s current franchise agreement, a percentage of Video Lottery Terminal (VLT) revenue from Resorts World New …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-nyras-future-uncertainDiNapoli: Brooklyn Leads NYC’s Economic Recovery
… to the pandemic, major crimes in Brooklyn (i.e., murder, rape, robbery, felony assault, burglary, grand larceny, and …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-brooklyn-leads-nycs-economic-recoveryThe 80/20 Housing Program (Follow-Up)
… The federal government provides income tax credits, and municipalities provide real estate tax abatements, as … audit report concluded that, based on the rents charged for our four sampled developments, the proper number of … available to low-income tenants. Our review of the files for a sample of 43 low-income tenants found that, in most …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/8020-housing-program-followSelected Controls Over the Property Tax Assessment Process
… Purpose To determine if the New York City Department of Finance has sufficient … determined whether all changes to the assessments were authorized. This audit focused on Tax Class 2 properties that … valuation calculations. For co-ops and condos, assessors can select comps contained in CAMA. Once CAMA determines the …
https://www.osc.ny.gov/state-agencies/audits/2017/07/11/selected-controls-over-property-tax-assessment-processFare Revenue Considerations for the Metropolitan Transportation Authority
… express bus, commuter rail and paratransit services to the New York region, faced difficulties in closing its projected … to reduce costs. Each of these poses risks for the region’s economic recovery. The MTA has suggested to its board that …
https://www.osc.ny.gov/reports/osdc/fare-revenue-considerations-metropolitan-transportation-authorityIV.4.F Capital Projects – IV. Accounting Codes - Uses and Descriptions
… the capital asset. 60511 Building Purchase Total contact price for purchase of existing buildings. Buildings include … the purchase of land as authorized by law. Total purchase price includes land purchase, payment of accrued taxes, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv4f-capital-projectsState Comptroller DiNapoli Announces Political Spending Disclosure Agreements With Seven Companies
… Inc., Zillow Group Inc., Paramount Global, and Zoom Video Communications Inc. , agreed to publicly report …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-announces-political-spending-disclosure-agreements-seven-companiesCapital Program Revenue and Expenses (Follow-Up)
… Agreement with New York State, a percentage of Resorts’ Video Lottery Terminal (VLT) revenues is to be directed to …
https://www.osc.ny.gov/state-agencies/audits/2018/01/24/capital-program-revenue-and-expenses-followNorth Amityville Fire Company, Inc. – Cash Disbursements (2022M-163)
… Board. $7,239 for alcohol. $5,121 for 14-karat gold and diamond rings for the Chief and his spouse. $2,728 for …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2023/04/28/north-amityville-fire-company-inc-cash-disbursements-2022m-163Selected Safety and Security Equipment at Train Stations (Follow-Up)
… at Train Stations ( 2017-S-84 ). About the Program Staten Island Railway (SIR) is a subsidiary of the Metropolitan … a single rapid transit line that runs the length of Staten Island (about 14 miles) from St. George Terminal to …
https://www.osc.ny.gov/state-agencies/audits/2019/09/06/selected-safety-and-security-equipment-train-stations-followPublic Safety – 2022 Financial Condition Report
… Supervision (DOCCS) facilities in March 2022); 63 county jail and correctional facilities; and 12 New York City … occurring in State correctional facilities, followed by county jails and then facilities in New York City. The number … pandemic). The number of incarcerated individuals in county jails also dropped by 2 percent while numbers in New …
https://www.osc.ny.gov/reports/finance/2022-fcr/public-safetyOversight of Casino Revenues and Regulatory Oversight Reimbursement Collections (Follow-Up)
… Collections ( 2019-S-8 ). About the Program The Gaming Commission (Commission) regulates all aspects of gaming activity in New York and is responsible for overseeing … VLT casinos are required to remit a percentage of their gaming revenues to the State, and tribe/nation casino …
https://www.osc.ny.gov/state-agencies/audits/2021/05/05/oversight-casino-revenues-and-regulatory-oversight-reimbursement-collections-followTranscript for 529 College Savings Program Video
Big dreams start small and these days achieving those big dreams means a college education. But college has never been more expensive.
https://www.osc.ny.gov/files/savings/pdf/529-video-transcript.pdfThe 80/20 Housing Program
… tax abatements, as incentives to developers. In New York City, participating Program developers receive tax abatements … (approximately 4,500 units) to low-income tenants. The remaining 80 percent are rented at market rates, but are … Income (AMI) adjusted for household size. For a New York City family of four, the 2016 income eligibility limit was …
https://www.osc.ny.gov/state-agencies/audits/2017/05/31/8020-housing-programReal Property Tax Cap: Overview of the Role of the Office of the State Comptroller
… The State’s property tax cap limits the amount of property taxes that local … A) law [pdf]. Determines How Local Governments Report Tax Cap Information Local governments and school districts are … in a reserve fund if a local government: exceeds the tax cap due to clerical or technical errors; or exceeds the tax …
https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-overview-role-office-state-comptrollerEmergency Service Communication Surcharges (2017-MS-4)
… NG911 capabilities such as sending text, picture and video messages to 911. 1 Voice over Internet protocol … …
https://www.osc.ny.gov/local-government/audits/county/2018/04/20/emergency-service-communication-surcharges-2017-ms-4Sole Custody Reporting
… Fall Conference Reporting on Bank Accounts Presentation: Video (mp4) Presentation (PDF) User Manual Training …
https://www.osc.ny.gov/state-agencies/guidance/sole-custody-reportingAdequacy of 2021 Budgets - City of Saratoga Springs (S9-21-10)
… [ read complete report - pdf] Purpose The purpose of our budget review was to provide an independent evaluation of the City’s adopted budget for the 2021 fiscal year. Background … general fund budget includes estimated revenues for Federal aid that will not be fully realized, and State …
https://www.osc.ny.gov/local-government/audits/city/2021/05/14/adequacy-2021-budgets-city-saratoga-springs-s9-21-10State Comptroller DiNapoli Calls on Corporations to Disclose Political Spending
… Warner Bros. Discovery Inc., Zillow Group, and Zoom Video Communications , ask the companies to publicly report …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-calls-corporations-disclose-political-spendingTax Exemption Administration In the Towns of Babylon, Brookhaven, Huntington, Islip and Smithtown (2019MR-1)
… Assessors granted exemptions that lacked applications or supporting documentation. Assessors misclassified or failed to grant supported exemptions. Key Recommendations Properly apply State equalization rate or other uniform rate of assessment to all properties listed …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2019/09/20/tax-exemption-administration-towns-babylon-brookhaven-huntington-islip