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Virtual Currency Licensing
… conduct within financial institutions licensed to operate in the State. DFS supervises and regulates the activities of … For this report, we reviewed a list provided by DFS in October 2022 that contained 22 active virtual currency licensees. In June 2015, DFS issued NYCRR Title 23, Part 200 (Part 200) …
https://www.osc.ny.gov/state-agencies/audits/2024/01/02/virtual-currency-licensingVillage of Morris – Fund Balance (2017M-58)
… was to evaluate the Village’s fund balance management for the period June 1, 2015 through February 1, 2017. … Board. General fund and water fund budgeted appropriations for 2016-17 were $477,785 and $153,000, respectively. Key … Use general and water surplus funds as a financing source for funding one-time expenditures, funding needed reserves …
https://www.osc.ny.gov/local-government/audits/village/2017/06/09/village-morris-fund-balance-2017m-58State Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… Employees’ Retirement System (ERS) with a small increase in rates for the Police and Fire Retirement System (PFRS). … so we can better weather market volatility.” The estimated average employer contribution rate for ERS will remain at 14.6 percent of payroll. The estimated average employer contribution rate for PFRS will increase by …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredDiNapoli Report Highlights Regional Education Trends
… issued a report today detailing regional trends in education funding, enrollment and conditions across the state. The … for most of the region's other districts. To read " Special Report: Education in New York ," go to: …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-report-highlights-regional-education-trendsDiNapoli: Former Pharmacist Charged In $232,000 Medical Claims Fraud
… owner of a Long Island pharmacy was arrested Thursday for allegedly defrauding the state of $232,000 after the scam was uncovered in two audits … for allegedly sending phony prescription records for reimbursement to Medicaid and the New York State Health …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-former-pharmacist-charged-232000-medical-claims-fraudDiNapoli: Despite Challenges, Agriculture Among the Most Resilient State Industries During the Pandemic
… New York is also among the top producers of many other products, including other dairy products, apples, maple syrup, wine, and grapes, and roughly …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-despite-challenges-agriculture-among-most-resilient-state-industries-during-pandemicDiNapoli: Syracuse City School District Teacher Pleads Guilty in Time Theft Scheme
… New York State Comptroller Thomas P. DiNapoli and the Onondaga County … Program pleaded guilty to corrupting the government in the 3 rd Degree, in connection with submitting false timecards to SCSD. As …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-syracuse-city-school-district-teacher-pleads-guilty-time-theft-schemeDiNapoli Announces State Contract and Payment Actions for April 2014
… more than 4.5 million payments worth nearly $8.5 billion in April. His office also rejected 119 contracts and related … at Patchogue Road over the Long Island Expressway in Brookhaven. Approved a $5.8 million contract with Economy … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-announces-state-contract-and-payment-actions-april-2014DiNapoli: Wall Street Bonuses Slip From 2006 Record
… Average Wall Street bonuses in 2007 declined 4.7 percent from record levels in the prior … clear indicator that tax collections, especially from business taxes, will erode in 2008.” DiNapoli noted that … firms sustained heavy losses from collateralized debt, business units involved in mergers and acquisitions, …
https://www.osc.ny.gov/press/releases/2008/01/dinapoli-wall-street-bonuses-slip-2006-recordDiNapoli: NYC Projects Budget Surplus For 2017, But Faces Risks With Federal Budget Cuts
… New York City projects a surplus of $3.7 billion in fiscal year … to FY 2018, balancing that year's budget. The city's latest financial plan shows that FY 2018 budget is balanced, … which would harm many New Yorkers. In addition, the House of Representatives approved the American Health Care …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-nyc-projects-budget-surplus-2017-faces-risks-federal-budget-cutsGingerbread Learning Center Executive Director and Wife Convicted in Nearly $800,000 Theft of Public Funds
… State Comptroller Thomas P. DiNapoli and Richmond County District Attorney Michael E. McMahon announced that … perpetrated their scheme by creating a $100,000 no-show job for defendant Elsie Mosesman and falsifying records. …
https://www.osc.ny.gov/press/releases/2019/03/gingerbread-learning-center-executive-director-and-wife-convicted-nearly-800000-theft-public-fundsElementary and Secondary Education – 2022 Financial Condition Report
… COVID-19 recovery funding was disbursed to New York school districts, an amount equal to 7.1 percent of State … in per-pupil disbursements for public elementary and secondary education at $25,519 according to the U.S. Census Bureau. New York’s …
https://www.osc.ny.gov/reports/finance/2022-fcr/elementary-and-secondary-educationDiNapoli Proposal Would Provide More Accountability for Personal Income Tax Check-Off Funds
… will help make sure these funds are being put to good use in a timely manner.” Currently, there are ten causes that New … More than $14.6 million remained as accumulated balances in six check-off funds (excluding the Conservation Fund and the World Trade Center Memorial Fund) at the end of state fiscal …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposal-would-provide-more-accountability-personal-income-tax-check-fundsNew York State’s Pension Fund and Church Commissioners Release Open Letter to ExxonMobil Shareholders
… board chair and the disclosure of lobbying are important first steps in restoring oversight and good governance … must be held to account for this broken state of affairs." Edward Mason, Head of Responsible Investment for the Church …
https://www.osc.ny.gov/press/releases/2020/04/new-york-states-pension-fund-and-church-commissioners-release-open-letter-exxonmobil-shareholdersControls Over and Revenues From .nyc Generic Top-Level Domains
… program to establish their business or personal websites on one of the largest geographic TLDs in the world. As of … analyze performance under the contract. It relies solely on the vendor, leading to undetected errors in the sales … for errors or discrepancies and any issues are followed up on until they are resolved. Develop and document procedures …
https://www.osc.ny.gov/state-agencies/audits/2021/10/25/controls-over-and-revenues-nyc-generic-top-level-domains2022 Average Estimated Costs For County And Town Special Improvement Districts
Please find attached a listing of the average estimated cost thresholds for 2022.
https://www.osc.ny.gov/files/local-government/required-reporting/2022/pdf/2022-average-estimated-costs-for-county-and-town-special-improvement-districts.pdfAssessable Expenses of Administering the Motor Vehicle Financial Security Act and Motor Vehicle Safety Responsibility Act for the Four State Fiscal Years Ended March 31, 2018
… the Department of Motor Vehicles (Department) incurred in administering the Motor Vehicle Financial Security Act and … help ensure that the operators of motor vehicles driven in New York State possess adequate insurance coverage, or are … for the four State Fiscal Years ended March 31, 2018. On average, the Department incurred $20.4 million in expenses to …
https://www.osc.ny.gov/state-agencies/audits/2019/09/11/assessable-expenses-administering-motor-vehicle-financial-security-act-and-motor-vehicleOverlap, Duplication, Gaps, and/or Fragmentation in Workforce Development Programs and Services
To determine what workforce development programs and services State agencies and public authorities offer who they serve and what their eligibility requirements are and to determine whether there is overlap duplication gaps andor fragmentation among these programs and services
https://www.osc.ny.gov/state-agencies/audits/2022/05/19/overlap-duplication-gaps-andor-fragmentation-workforce-development-programs-and-servicesDiNapoli: NYC Secure Juvenile Detention Centers Need To Improve Safety and Access to Services for Youth
… for a better future.” ACS oversees Horizon Juvenile Center in the Bronx and Crossroads Juvenile Center in Brooklyn. ACS is responsible for admitted youths’ safety, … the age at which youth could be prosecuted as adults in criminal cases from 16 to 18. Beginning October 2018, 16- …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-nyc-secure-juvenile-detention-centers-need-improve-safety-and-access-services-youthDiNapoli Report Examines State School Aid Trends
… enacted in 2007 as the result of a ruling by the State Court of Appeals in the Campaign for Fiscal Equity lawsuit. … aid funding for schools is projected to climb to nearly $28 billion by 2019-20; Expense-based aids – state funding for …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-report-examines-state-school-aid-trends