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Real Estate
The program has nine program partners who oversee the emerging managers on behalf of the Fund The partners source perform due diligence and recommend managers
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/real-estateDiNapoli: Brooklyn Leads NYC’s Economic Recovery
… Terrace area and highest in East New York. As of March 2022, Brooklyn’s cumulative COVID-19 case rate was second …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-brooklyn-leads-nycs-economic-recoveryThe 80/20 Housing Program (Follow-Up)
… estate tax abatements, as incentives to developers. In New York City, participating Program developers receive tax abatements through Section 421-A of New York's Real Property Tax Law. As of September 27, 2018, …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/8020-housing-program-followSelected Controls Over the Property Tax Assessment Process
… of Finance (DOF) is responsible for assessing all real property throughout the City – approximately 1.05 … producing properties through annual submission of the Real Property Income and Expense (RPIE) form. RPIE … determines the MVs, the values are then transmitted to the Real Property Assessment Database (RPAD) to determine the AV …
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
… 73 percent and 88 percent of pre-pandemic levels by 2026. Bolstering ridership and the revenue it generates by … of growth among all revenue sources between 2022 and 2026, rising by 29 percent. The MTA expects fare revenue … and 2025) to rebound to 32.2 percent of total revenue in 2026, but that remains 10 percentage points lower than its …
https://www.osc.ny.gov/reports/osdc/fare-revenue-considerations-metropolitan-transportation-authorityIV.4.F Capital Projects – IV. Accounting Codes - Uses and Descriptions
… to §40 of the State Finance Law. A unique attribute code will be inserted in the appropriation record to denote … are reimbursable. The capital construction expenditure account codes have been designed to permit the identification … for the Government-wide financial statements. 60740 Interest on Late Payments Interest on late payments for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv4f-capital-projectsState Comptroller DiNapoli Announces Political Spending Disclosure Agreements With Seven Companies
… A proposal for political spending disclosure at casino and hotel operator Caesars Entertainment Inc. received 41.98% of …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-announces-political-spending-disclosure-agreements-seven-companiesNorth Amityville Fire Company, Inc. – Cash Disbursements (2022M-163)
… here - pdf ] Audit Objective Determine whether the North Amityville Fire Company, Inc. (Company) Board of Governors … to initiate corrective action. … audit fire company north amityville cash disbursements …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2023/04/28/north-amityville-fire-company-inc-cash-disbursements-2022m-163Capital Program Revenue and Expenses (Follow-Up)
… Revenue and Expenses (Report 2014-S-54 ). Background The New York Racing Association, Inc. (NYRA) holds the exclusive franchise to operate New York State’s three major thoroughbred racetracks: Aqueduct …
https://www.osc.ny.gov/state-agencies/audits/2018/01/24/capital-program-revenue-and-expenses-followSelected Safety and Security Equipment at Train Stations (Follow-Up)
… Objective To determine the extent of implementation of the two … SIR is a separate operating unit, reporting to New York City Transit’s Department of Subways. SIR … the inspection and maintenance of security equipment (i.e., CCTV cameras and DVRs) on a timely basis. In September …
https://www.osc.ny.gov/state-agencies/audits/2019/09/06/selected-safety-and-security-equipment-train-stations-followOversight of Casino Revenues and Regulatory Oversight Reimbursement Collections (Follow-Up)
… included in our initial audit report, Oversight of Casino Revenues and Regulatory Oversight Reimbursement … casino remittances are defined in compacts (agreements with the State). The Commission has officials at each of the …
https://www.osc.ny.gov/state-agencies/audits/2021/05/05/oversight-casino-revenues-and-regulatory-oversight-reimbursement-collections-followPublic Safety – 2022 Financial Condition Report
… after a 15.8 percent decrease in 2020); Robbery (up 2.9 percent); and Aggravated assault (up 9.5 percent). … compromised the majority of crimes committed, dropped 2.2 percent. Property crimes include: Burglary (down 16.6 … 2020 and continued to climb in 2021 in the areas reporting on this data. When comparing the five-year averages …
https://www.osc.ny.gov/reports/finance/2022-fcr/public-safetyTranscript 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
… all applicants and adult family members to sign consent forms authorizing developments to collect information to …
https://www.osc.ny.gov/state-agencies/audits/2017/05/31/8020-housing-programEmergency Service Communication Surcharges (2017-MS-4)
… (E911) surcharge revenues to improve their county’s 911 systems and operations, for the period January 1, 2014 … revenues, while the Department of Emergency Services, 911 centers or Police Departments are responsible for E911 … 2017, wireless surcharge payments will be made to the NYS Department of Taxation and Finance. Key Findings No …
https://www.osc.ny.gov/local-government/audits/county/2018/04/20/emergency-service-communication-surcharges-2017-ms-4Sole Custody Reporting
… report reconciled bank account information needed for the State’s annual financial statements. Agencies are reminded … Remediation (OSC BFR) at (518) 474-3277 or finrep@osc.ny.gov . In addition, agencies are reminded that bank … created, contact OSC BFR at (518) 474-3277or finrep@osc.ny.gov . Once an account has been created for you, it must be …
https://www.osc.ny.gov/state-agencies/guidance/sole-custody-reportingReal Property Tax Cap: Overview of the Role of the Office of the State Comptroller
… cap according to the Comptroller’s information. Determines New Tax Cap when Local Governments Consolidate or Dissolve …
https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-overview-role-office-state-comptrollerAdequacy of 2021 Budgets - City of Saratoga Springs (S9-21-10)
… budgeted estimates for revenues and expenditures against actual results, and modify their budgetary estimates …
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
… The proposals sent to Caesars Entertainment, Match Group, Penn Entertainment, SoFi Technologies, Warner Bros. Discovery Inc., Zillow Group, and Zoom Video Communications , ask the companies to …
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 incorrectly calculated exemptions granted, some of which included Town-wide errors. Assessors granted … apply State equalization rate or other uniform rate of assessment to all properties listed on the Town’s …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2019/09/20/tax-exemption-administration-towns-babylon-brookhaven-huntington-islip