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DiNapoli: State Pension Fund Valued at $267.7 Billion at End of First Quarter
… Fund (Fund) was $267.7 billion at the end of the first quarter of state fiscal year 2024-25. For the three-month … and death benefits of $4.2 billion paid out during the quarter. Its estimated value was $267.7 billion as of March … Fund Fund was $2677 billion at the end of the first quarter of state fiscal year 202425 …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-state-pension-fund-valued-267-point-7-billion-end-first-quarterWyandanch Union Free School District – Budget Review (B25-7-3)
… [read complete report – pdf] Purpose of Budget Review The purpose of our budget review was to provide an independent evaluation of the proposed 2025-26 budget. Background The Wyandanch … The purpose of our budget review was to provide an independent evaluation …
https://www.osc.ny.gov/local-government/audits/school-district/2025/04/11/wyandanch-union-free-school-district-budget-review-b25-7-3SUNY Bulletin No. SU-52
… employees (and leave without pay) with active deductions in bargaining unit 28 Effective Date(s) Checks dated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-52-cancellation-general-deductions-certain-employees-who-areLocal Sales Tax Sharing in New York State
… counties in New York State share a portion of their local sales tax revenue with cities, towns, villages and, in a few … instances, school districts within their borders. These sales tax allocations are made in accordance with statute or … that includes a thematic map highlighting the share of sales tax revenue that counties allocate to other local …
https://www.osc.ny.gov/local-government/local-sales-tax-sharing-new-york-stateNew York State Comptroller DiNapoli Statement on the Death of Martin McGuinness
… "Martin McGuinness was a hero of the peace process and the cause for reconciliation between Catholics and … and women of Northern Ireland, that peace was realized at long last. Northern Ireland today is a symbol of hope for … Martin McGuinness was a hero of the peace process and the cause for reconciliation between …
https://www.osc.ny.gov/press/releases/2017/03/new-york-state-comptroller-dinapoli-statement-death-martin-mcguinnessDiNapoli: MTA Capital Funding Gap May Exceed $12 Billion
… that could have been used to modernize the system. For example, East Side Access is now projected to cost $10.7 … Funding the capital program has been an ongoing challenge for the MTA. Consequently, transit assets that the MTA had … recommended by the MTA in its needs assessment. The MTA's latest assessment found that it will need to invest $105.7 …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-mta-capital-funding-gap-may-exceed-12-billionDiNapoli: Medicaid Costs for Diabetes Reach $1.2 Billion
… year (SFY) 2013-14, according to a report released today by State Comptroller Thomas P. DiNapoli detailing the … fiscal year SFY 201314 according to a report released today by State Comptroller Thomas P DiNapoli detailing the …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-medicaid-costs-diabetes-reach-12-billionOpinion 97-6
… COUNTIES -- Emergency (911) Telephone System (use of surcharge revenues to construct housing for enhanced … -- Powers and Duties (expenditure of revenues derived from surcharge imposed to establish and maintain E911 system) … (expenditure by county of revenues derived from surcharge imposed to establish and maintain E911 system) …
https://www.osc.ny.gov/legal-opinions/opinion-97-6Opinion 99-7
… -- Particular Uses (in general) -- Recipients (when fire district treasurer is proper recipient) INSURANCE LAW, … there is no special act providing otherwise, a fire district treasurer would be the proper recipient of foreign fire insurance tax moneys if the fire district fire department has no treasurer. Except as provided …
https://www.osc.ny.gov/legal-opinions/opinion-99-7Opinion 89-52
… of the position of emergency medical services (EMS) coordinator for a county. You indicate that the county is contemplating the appointment of an EMS coordinator who would be responsible for the development … earlier opinion was a proposal for the establishment of a system for the coordination of ambulance services modeled on …
https://www.osc.ny.gov/legal-opinions/opinion-89-52DiNapoli Report Tracks MTA's Shifting Revenue Streams
… The Metropolitan Transportation Authority (MTA) pays for its operating budget from a wide variety of sources, but the decline in paid … P. DiNapoli details. “Understanding how the MTA pays for its day-to-day operations is crucial to improving its … The Metropolitan Transportation Authority pays for its operating budget from a wide variety of sources but …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-report-tracks-mtas-shifting-revenue-streamsDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… compensation and additional resources can we accomplish all that we need to do to manage the Fund effectively and … market.” The FAS review determined that DiNapoli met all of his fiduciary duties as the Fund’s trustee: “The … closed during the three-year review period and found that all were approved and closed according to the Fund’s sound …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingDiNapoli: Silencing Excessive NYC Noise a Major Challenge
… developing a database of SLA reports to track recidivist locations for the NYPD Patrol Services Bureau. The NYPD has … DEP and to streamline the sharing of information regarding locations with an excessive number of noise complaints. The …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-silencing-excessive-nyc-noise-major-challengeState Agencies Bulletin No. 1594
… 15-B , during 2017, an employer may exclude the value of employer provided transportation benefits from an … will have deductions taken from the first two pay checks of each month of participation. The total monthly pre-tax deduction for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1594-new-control-d-report-pre-and-post-tax-transit-and-pre-and-post-taxState Agencies Bulletin No. 1630
… Disabilities Secure Care Treatment Aide (DDSCTA) Trainee, 1, 2 LPN Sr. LPN 1, 2 Developmental Assistant - Trainee, 1, 2, 3 Direct Support Assistant and Trainee OMH: Secure Care Treatment Aide 1, 2 Mental Hygiene …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1630-new-double-time-overtime-earnings-codes-eligible-civil-serviceMedicaid Program – Administrative Costs Used in Premium Rate Setting of Mainstream Managed Care Organizations
… applying the administrative costs in determining MCO premium rates. Our audit covered the period January 1, 2011 … managed care. Under managed care, Medicaid pays MCOs a monthly premium for each enrolled Medicaid recipient, and the … shifting of costs stemmed from the Department’s inadequate cost reporting instructions to MCOs, which, despite being …
https://www.osc.ny.gov/state-agencies/audits/2017/09/13/medicaid-program-administrative-costs-used-premium-rate-setting-mainstream-managed-careSelected Aspects of Incident Intake and Investigation
… of each allegation. Allegations are classified as either Abuse, Neglect, or other Significant Incidents. The Center … was reported or when a finding was made. Such errors can result in inaccurate data being publicly reported by the … correct any inaccuracies discovered. Other Related Audit/Report of Interest Department of Health: Nursing Home …
https://www.osc.ny.gov/state-agencies/audits/2017/03/06/selected-aspects-incident-intake-and-investigationDiNapoli: NYC's 2024 Budget Balanced, but Risks Loom
… Major New Spending Needs Reflected Amid Cautious Revenue Outlook The FY 2023 surplus resulted from tax revenues that … The city expects its $5.1 billion budget shortfall in FY 2025 to reach $7.9 billion in FY 2027, with cumulative gaps … has identified budgetary risks of $4.8 billion in FY 2025, $6.6 billion in 2026, and $8.3 billion in FY 2027, and …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-nycs-2024-budget-balanced-risks-loomOpinion 93-1
… county clerk, treasurer or commissioner of public works is entitled to the salary fixed for the office of the … opinion, we concluded that an assistant county attorney, who becomes acting county attorney due to a vacancy in the … 502, relative to the deputy possessing the powers and performing the duties of the principal in the case of a …
https://www.osc.ny.gov/legal-opinions/opinion-93-1Opinion 92-22
… in assessment review proceedings) PUBLIC OFFICERS AND EMPLOYEES -- Ethics (village comptroller representing … has created the position of comptroller by local law and that the village prepares its own assessment roll … relate to conflicts of interest of municipal officers and employees. Pursuant to General Municipal Law, §800(3), a …
https://www.osc.ny.gov/legal-opinions/opinion-92-22