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DiNapoli Releases Municipal Audits
… records to show the amount of fuel remaining in inventory at any given time and it does not take periodic physical … determined that approximately 7,100 gallons valued at $23,500 were unaccounted for. Town of Porter – Capital …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-releases-municipal-auditsMessage from the Comptroller – 2022 Financial Condition Report
… in the State’s finances, New York ended the State Fiscal Year (SFY) 2021-22 budget on stable ground. Historic federal … and were more than $38 billion higher than the prior year. This report provides information and analysis on the …
https://www.osc.ny.gov/reports/finance/2022-fcr/message-comptrollerComptroller DiNapoli Releases School Audits
… District and the Rocky Point Union Free School District . “In an era of limited resources and increased accountability, … to provide taxpayers the assurance that their money is being spent appropriately and effectively.” … County) The district has experienced a steady decline in tuition revenues and consistently decreased expenditures …
https://www.osc.ny.gov/press/releases/2015/11/comptroller-dinapoli-releases-school-audits-0DiNapoli Urges New Yorkers to Spend Holiday Gift Cards
… balances can be turned over to the Comptroller’s Office of Unclaimed Funds (OUF) after five years of inactivity. In 2023, the …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-urges-new-yorkers-spend-holiday-gift-cardsComptroller DiNapoli, A.G. Schneiderman & Acting Tax Commissioner Manion Announce $4.3 Million Settlement With Owners of For-Profit School Network for Overcharging State; Failing To Pay Taxes
… Metropolitan Preschools, Inc.) and its president and owner Michael C. Koffler, together with his sons, Brian and Daniel Koffler, … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2016/10/comptroller-dinapoli-ag-schneiderman-acting-tax-commissioner-manion-announce-43-million-settlementWestchester Attorney Indicted for Fraud and False Statement Charges Arising From His Attempt to Embezzle From a Decedent's Estate for Which He Was Court-Appointed Administrator
… Service and the New York State Comptroller. This case is being handled by the Office's White Plains Division. …
https://www.osc.ny.gov/press/releases/2018/08/westchester-attorney-indicted-fraud-and-false-statement-charges-arising-his-attempt-embezzleDiNapoli Report Highlights Regional Education Trends
… York City spent $27.1 billion in 2004-05, which increased to $37.6 billion in 2014-15. When adjusted for inflation, … greatly across the state and can be largely attributed to regional cost differences. DiNapoli's report noted that … ticked up in five regions over the same time period. Due to the significant differences between the education …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-report-highlights-regional-education-trendsDiNapoli: MTA Faces $9.8 Billion Capital Plan Shortfall
… close the remaining $9.8 billion funding gap in its five-year capital program. While we don’t yet know how the gap … compared with 17 percent in 2014. The MTA’s current four-year financial plan extends through calendar year 2019. While the MTA anticipates balanced operating …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-mta-faces-98-billion-capital-plan-shortfallOpinion 95-11
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … OFFICERS AND EMPLOYEES -- Compensation (applicability of General Municipal Law, §207-m to salary of temporary or …
https://www.osc.ny.gov/legal-opinions/opinion-95-11DiNapoli: Local Communities Reducing Number of Homeless Veterans
… The number of homeless veterans in New York has dropped dramatically over the past five … York state's homeless population continues to be among the largest in the nation and, in recent years, has also been one … 4,677 to 559 from 2011 through 2016, according to HUD. County comptrollers from Albany, Dutchess, Onondaga and …
https://www.osc.ny.gov/press/releases/2017/11/dinapoli-local-communities-reducing-number-homeless-veteransDiNapoli Reaffirms Commitment to DEI Initiatives
… than one million state and local government employees and retirees and their beneficiaries. It has consistently been …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-reaffirms-commitment-dei-initiativesDiNapoli Announces New $7 Million Investment in Northern Ireland
… York State Comptroller Thomas P. DiNapoli today announced the New York State Common Retirement Fund (Fund) is investing … Fund,” DiNapoli said. “Northern Ireland is on the move, as I saw firsthand during a recent visit. The peace process has … to invest throughout Northern Ireland and to accelerate value creation.” “We are very pleased to be investing in the …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandDiNapoli: Pre-K Special Education Schools Took $1.4 Million in Unallowed Expenses
… ineligible expenses. These included: $194,438 in lump sum bonuses for staff that did not have required performance …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-pre-k-special-education-schools-took-14-million-unallowed-expensesDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… Stronger-than-projected year-end budgetary results, fueled by extraordinary one-time … road.” In June, the city adopted its $98.7 billion fiscal year (FY) 2022 budget. Excluding federal aid, the city will … traditional spending increases at this point in the fiscal year. Revenue Upside Boosts Spending in FY 2022 Since the …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingDiNapoli Examines Faltering LinkNYC Program
… space on the kiosks and is required to pay the city each year either a flat annual fee or half of its gross annual … Starting Sept. 17, 2018, DoITT allowed CityBridge a one-year deferral of its annual payment. When the year ended, CityBridge did not pay the past amounts due or …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-examines-faltering-linknyc-programWhat is a Defined Benefit Plan?
… to recruit and retain qualified employees. Employers can reduce the risk of employee turnover, which can help cut training costs and improve productivity. Defined … account, so market downturns, especially near retirement, can affect the value of the benefit. During retirement, the …
https://www.osc.ny.gov/retirement/members/defined-benefit-planDiNapoli: NYC Finances Continue To Benefit From Better Than Projected Revenue but Spending Pressures Remain
… services and the MTA could amount to over $2 billion next year, and the city continues to bear the majority of the … June, New York City adopted a balanced budget for fiscal year (FY) 2025, totaling $116.8 billion including expense prepayments from last fiscal year. The fiscal trajectory of FY 2024 followed recent trends …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-finances-continue-benefit-better-projected-revenue-spending-pressures-remainComptroller DiNapoli Releases School Audits
New York State Comptroller Thomas P DiNapoli today announced his office completed audits of the Johnson City Central School District Kings Park Central School District Menands Union Free School District Nanuet Union Free School District and the Piseco Central School District
https://www.osc.ny.gov/press/releases/2016/01/comptroller-dinapoli-releases-school-auditsComptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced … financial activities. Consequently, the department’s accounting records were not properly maintained, bank … of child abuse and neglect. For access to state and local government spending and nearly 50,000 state contracts, visit …
https://www.osc.ny.gov/press/releases/2014/10/comptroller-dinapoli-releases-municipal-audits-1Comptroller DiNapoli Releases School Audits
… County ) The district did not properly seek competition for 14 professional service providers totaling $477,235. … The BOCES did not have an adequate number of licenses for certain programs or did not have sufficient documentation … treasurer often did not have supporting documentation. For access to state and local government spending and nearly …
https://www.osc.ny.gov/press/releases/2015/09/comptroller-dinapoli-releases-school-audits-0