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Protection of Child Performers
… does not have valid information about a child’s trust account, it is required to deposit those funds with the State … earnings. Although deposits to the Comptroller’s trust account should be limited, the number has increased over the …
https://www.osc.ny.gov/state-agencies/audits/2017/07/27/protection-child-performersDiNapoli Releases Analysis of Executive Budget
… picture but also weakens checks and balances over the use of public dollars, according to a report released today by … Washington, questions over state tax revenues and billions of dollars in out-year gaps pose significant threats," DiNapoli said. "At a time of difficult financial challenges, transparency, …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-releases-analysis-executive-budgetOpinion 91-63
… in the opinion. CONFLICTS OF INTEREST -- Purchases and Sales (town councilman who resides with president and … same building in which the store is located. We assume, for purposes of this opinion, that the councilman is not an … under section 802 applies. Although we have assumed, for purposes of this opinion, that the councilman has no …
https://www.osc.ny.gov/legal-opinions/opinion-91-63XVI.3.D Basis of Accounting/Measurement Focus – XVI. Financial Reporting
… measurements made on a cash or accrual basis in the State’s financial statements. As defined in GASB Statement … measures those transactions and events of the period that have increased or decreased the resources available for … basis of accounting for the purpose of preparing the State's GAAP financial statements. Guide to Financial …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3d-basis-accountingmeasurement-focusDiNapoli: NYC Transit Should Improve Response to Safety-Related Defects
… audit, which covers the period from Jan. 1, 2014 to July 5, 2016, identified 66 safety defects in 25 subway stations …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-nyc-transit-should-improve-response-safety-related-defectsNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… P. DiNapoli today wrote to President Biden in support of his planned veto of a resolution that would undo a U.S. Labor Department (DOL) rule that allows managers of retirement funds that are subject to the Employee …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionDiNapoli Calls on Major Corporations to Conduct Racial Equity Audits
… Group . The Fund has also refiled the proposal at Amazon.com , where 44% of shareholders supported it last year. … not,” DiNapoli said. “Companies are responsible for their business practices and must ensure that they do not harm … fund is committed to ensuring the companies we invest in address racial equity. Research shows that ensuring equal …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-calls-major-corporations-conduct-racial-equity-auditsDiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… received a designation of Susceptible to Fiscal Stress in 2019, has not filed for the fourth consecutive year. The …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-citiesNYS Comptroller DiNapoli Leads Coalition of Comptrollers & Treasurers Opposing Trump Repeal of Clean Power Plan
… of the capital markets – called green bonds – to unleash a torrent of new, affordable funds to rebuild our … risk to investors with potential portfolio losses of $4.2 trillion globally, or 3 percent of the current market …
https://www.osc.ny.gov/press/releases/2017/12/nys-comptroller-dinapoli-leads-coalition-comptrollers-treasurers-opposing-trump-repeal-clean-powerOpinion 91-34
… have been in operation for at least one year at a local site). In view of the strict timetable and necessity for …
https://www.osc.ny.gov/legal-opinions/opinion-91-34Germantown Fire District – Board Oversight (2014M-166)
… with a Commissioner’s spouse in 2013. The District does not have policies and procedures for key financial functions. Because the District does not have effective policies and procedures outlining …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/08/29/germantown-fire-district-board-oversight-2014m-166Fulton County Industrial Development Agency – PILOT Program (2014M-291)
… if they did not meet their projected goals. The Agency does not have a process for taking action when businesses … recover financial benefits, as appropriate, if a business does not meet job creation or retention expectations or if …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2015/05/01/fulton-county-industrial-development-agency-pilot-programIra Volunteer Fire Department, Inc. – Controls Over Financial Activities (2014M-266)
… has not adopted a code of ethics. The Department does not adhere to the purchase order system required in its … included a review of cash disbursements. The Treasurer does not prepare proper bank reconciliations. Key …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/12/24/ira-volunteer-fire-department-inc-controls-over-financial-activities-2014mVillage of Blasdell – Purchasing (2017M-195)
… year total approximately $2.4 million. Key Findings Of 40 claims examined totaling approximately $204,500, 18 claims …
https://www.osc.ny.gov/local-government/audits/village/2018/01/19/village-blasdell-purchasing-2017m-195Fishers Island Waste Management District -- Purchasing (2015M-292)
… $610,540. Key Findings The District’s purchasing policy does not require the use of competitive bidding for any … reason for awarding a purchase contract to a vendor who does not submit the lowest bid or quote. … Fishers Island …
https://www.osc.ny.gov/local-government/audits/district/2016/01/29/fishers-island-waste-management-district-purchasing-2015m-292Town of Ithaca – Information Technology (2017M-52)
… of Audit The purpose of our audit was to assess the Town’s IT policies and procedures for the period January 1, 2015 … 22, 2016. Background The Town of Ithaca is located in Tompkins County and has a population of approximately … total approximately $25 million. Key Findings The Town’s IT policy does not address password security, wireless …
https://www.osc.ny.gov/local-government/audits/town/2017/11/21/town-ithaca-information-technology-2017m-52More About This Retirement Plan – Special 20- and 25-Year Plans
… under Article 14. The benefit information in this summary does not apply to you. View your Article 14 plan book for … 25-year plan. The benefit information in this summary does apply to you. PFRS members employed by the City of … covered under Article 14. The information in this summary does not apply to you. This publication has made reference to …
https://www.osc.ny.gov/retirement/publications/1517/more-about-retirement-planMedicaid Program – Cost of Pharmacy Services Under Managed Care
… obtained Medicaid pharmacy services under managed care in an economical manner. The audit covered the period January … of actions to help ensure pharmacy services are provided in an efficient and economical manner. However, it has not … 2016 through December 31, 2019, we estimated $605 million in unnecessary costs to the Medicaid program. The Department …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-cost-pharmacy-services-under-managed-careHate Crime Reporting
… Purpose To determine whether the Division of Criminal Justice … adequately monitors hate crime reporting and takes steps to ensure complete and accurate reporting. The audit covered …
https://www.osc.ny.gov/state-agencies/audits/2014/09/25/hate-crime-reportingFrequently Asked Questions – World Trade Center Presumption
… take advantage of this presumption? Will this law grant me an accidental disability benefit? I am an active member. Is … Trade Center site. If I develop a qualifying condition, does this law provide any additional retirement benefit? I … for World Trade Center accidental disability benefits? As long as you meet all eligibility requirements, including …
https://www.osc.ny.gov/retirement/publications/world-trade-center/frequently-asked-questions