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Opinion 97-10
… the project would be subject to competitive bidding requirements. During the term of the agreement, the fire … (see, 1984 Opns St Comp No. 84-7, p 8; see gen., Warren's Weed, New York Real Property, Vol 1, Part 2, "Buildings"; 14 … bidding purposes and were subject to the public bidding requirements of General Municipal Law, §§101 and 103 to the …
https://www.osc.ny.gov/legal-opinions/opinion-97-10Opinion 92-18
… or statutory amendments that bear on the issues discussed in the opinion. FEES -- Imposition of (solid waste generation … to violate constitutional due process guarantees. This is in reply to your request for our opinion concerning a … of the fee attributable to the improved property included in each of the town's three refuse districts must be charged …
https://www.osc.ny.gov/legal-opinions/opinion-92-18DiNapoli Announces $200 Million Commitment for Opportunistic Investments
… $200 million to Pine Street Alternative Asset Management for opportunistic investments through its Emerging Manager … private equity ($1.5 billion), hedge fund ($200 million), real estate ($300 million) and opportunistic ($200 million). “Pine …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-announces-200-million-commitment-opportunistic-investmentsCity of Yonkers – Budget Review (B24-6-6)
… [read complete report – pdf] Purpose of Budget Review The purpose of our budget review was to determine whether the … estimates for temporary municipal assistance, police, real estate transfer tax, city and state mortgage tax, …
https://www.osc.ny.gov/local-government/audits/city/2024/05/20/city-yonkers-budget-review-b24-6-6Comptroller DiNapoli Releases Municipal Audits
… York State Comptroller Thomas P. DiNapoli today announced the following local government audits have been issued. Town … of Crown Point – Town Clerk/Tax Collector (Essex County) The clerk did not remit real property taxes totaling nearly $1.4 million in 2017 and …
https://www.osc.ny.gov/press/releases/2019/07/comptroller-dinapoli-releases-municipal-audits-0The Transportation and Warehousing Sector in New York City
… moving people into and around New York City to delivering food and storing goods, the transportation and warehousing … under-capacity among taxi drivers and to help alleviate food insecurity caused by the pandemic, the City initiated … New York Times , March 6, 2021, at https://www.nytimes.com/2021/03/06/business/global-shipping.html . 21 Ana Maria …
https://www.osc.ny.gov/reports/osdc/transportation-and-warehousing-sector-new-york-cityAccounts Payable Advisory No. 54
… (AP) Mass Upload Tool, and lease vouchers created in the Real Estate Management (REM) Module. Agencies should contact …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/54-voucher-mass-approvalGates-Chili Central School District - Financial Management (2019M-53)
… complete report - pdf] Audit Objective Determine whether the Board and District officials adopted realistic budgets … and reserves. Key Findings District officials circumvented the statutory limit on surplus fund balance by making more … by $2.86 million as of June 30, 2018. The Board increased real property taxes by $2.6 million over the last three years …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/21/gates-chili-central-school-district-financial-management-2019m-53Opinion 92-26
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion …
https://www.osc.ny.gov/legal-opinions/opinion-92-26Investors Renew Call on Exxon to Address Climate Risk
… as trustee of the New York State Common Retirement Fund (CRF), and the Church of England investment fund, have … State Common Retirement Fund is the third largest public pension fund in the United States, with an estimated $186 billion in assets under …
https://www.osc.ny.gov/press/releases/2017/02/investors-renew-call-exxon-address-climate-riskTown of Candor – Fund Balances (2014M-157)
… Purpose of Audit The purpose of our audit was to examine the Town’s financial … 2014 budget of $2.3 million is funded primarily with real property taxes, sales tax and State aid. The Town is …
https://www.osc.ny.gov/local-government/audits/town/2014/08/01/town-candor-fund-balances-2014m-157West Hill Fire District No. 3 – Financial Condition (2014M-160)
… this reserve in the late 1990s to fund future costs of new vehicles. However, the Board could not provide us with a …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/08/15/west-hill-fire-district-no-3-financial-condition-2014m-160City of Troy – Budget Review (B5-15-22)
… budget includes estimated revenues related to the sale of real property, franchise fees, sales tax and advanced life … City’s 2015 proposed budget does not appropriate enough money for contingencies to provide adequate flexibility to … The City should review revenue estimates for the sale of real property, franchise fees, sales tax and advanced life …
https://www.osc.ny.gov/local-government/audits/city/2015/11/10/city-troy-budget-review-b5-15-22Cincinnatus Central School District – Fund Balance and Reserves (2014M-191)
… our audit was to evaluate the financial condition of the District for the period July 1, 2012 through April 17, 2014. Background The Cincinnatus Central School District provides education to children residing in …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/10/cincinnatus-central-school-district-fund-balance-and-reserves-2014m-191DiNapoli: The Mayor's Proposed Budget Takes Large Steps In Addressing Outstanding Labor Contracts
… The recent labor agreement between New York City and the … reserves and begin taking steps to narrow the budget gaps in the coming years.” The city's financial plan forecasts a … the average length for all recoveries since the end of World War II. Although the budget gaps for fiscal years 2019 …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-mayors-proposed-budget-takes-large-steps-addressing-outstanding-labor-contractsDiNapoli: MTA Budget Gaps Driven By Fare Revenue Drop
… $915 million annually by paying down debt raises questions on how it will find additional savings and revenue to fund … by DiNapoli in October . DiNapoli urged the MTA to expand on these efforts, disclose specific actions and identify how … similar metropolitan cities, the MTA relied more heavily on farebox revenue and less on subsidies from state and local …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-mta-budget-gaps-driven-fare-revenue-dropYork Central School District – Financial Management (2022M-96)
… more than $1 million is overfunded and may be enough to pay annual claims for 132 years. The District did not have a written multiyear financial plan and comprehensive … more real property taxes were levied than was needed to fund operations. Key Recommendations Comply with the …
https://www.osc.ny.gov/local-government/audits/school-district/2022/10/07/york-central-school-district-financial-management-2022m-96Opinion 91-32
… are determined to be just and equitable (see Municipal Home Rule Law, §10[1][ii][a][5]; 1986 Opns St Comp No. 86-42, …
https://www.osc.ny.gov/legal-opinions/opinion-91-32Global Investor Coalition Calls on Exxon to Prepare for a Lower Carbon Future
… New York State Common Retirement Fund is the third largest public pension fund in the United States, with $184.5 billion … beneficiaries. The Fund has a diversified portfolio of public and private equities, fixed income, real estate and …
https://www.osc.ny.gov/press/releases/2016/01/global-investor-coalition-calls-exxon-prepare-lower-carbon-futureGananda Central School District – Financial Condition (2014M-62)
… by significantly decreasing expenditures or increasing real property taxes. … Gananda Central School District …
https://www.osc.ny.gov/local-government/audits/school-district/2014/04/04/gananda-central-school-district-financial-condition-2014m-62