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DiNapoli Releases State Cash Report
… of $3.9 billion in May were stronger than projected, with collections for the fiscal year now $142.3 million … personal income tax (PIT) collections received in April with the filing of annual returns for the 2014 tax year, as … $8.5 million below projections. The General Fund ended May with a balance of nearly $9.6 billion, which was over $1 …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportDiNapoli: Former Medical Office Manager Pleads Guilty to Defrauding New York State Health Insurance Plan
… the New York State Police. “Ms. Bradshaw thought she could game New York State’s employee benefit system by submitting …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-former-medical-office-manager-pleads-guilty-defrauding-new-york-state-health-insurance-planStatement from New York State Comptroller Thomas P. DiNapoli on Repeal of Affordable Care Act
… true cost and impact, leaving millions of Americans behind with no options. New Yorkers deserve better from Washington." …
https://www.osc.ny.gov/press/releases/2017/05/statement-new-york-state-comptroller-thomas-p-dinapoli-repeal-affordable-care-actDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… initially planning to override New York’s property tax cap in 2016-17 has nearly doubled when compared to last year, … indicated that they will seek an override of the tax cap. Last year, 3.5 percent, indicated plans to override the tax cap. Property tax levy growth for school districts is capped …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capDiNapoli:Two Fortune 500 Retailers Agree to Increased Use of Renewable Energy
… that are competitively priced and will provide them with options in times of volatile fossil fuel prices. This … members. The Fund owns shares of Best Buy and Nordstrom with estimated values of $32 million and $18 million, … third largest public pension fund in the United States, with estimated assets of $178.3 billion as of Dec. 31, 2015. …
https://www.osc.ny.gov/press/releases/2016/05/dinapolitwo-fortune-500-retailers-agree-increased-use-renewable-energyPension Fund Makes Progress on Board Diversity
… State Common Retirement Fund (Fund) has reached agreement with GoPro Inc. to formally include sexual orientation and … the Fund has withdrawn the proposal. "Corporations with directors from diverse backgrounds that reflect their … Leucadia National Corp. QEP Resources Inc. Teradyne Inc. T-Mobile USA Inc. … New York State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversityDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… P. DiNapoli. Ensuring stronger finances down the road will depend in part on how the MTA chooses to manage debt in … regional economy needs the MTA to regain its strength and win back riders to a safe, reliable and on-time transit … budget by a total of $1.5 billion from 2023 through 2026. The MTA can use these savings to preserve and improve …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsPublic-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… As New York state grapples with cost-effective solutions for its estimated $250 billion … offer as well as the underlying financial risks associated with forming those partnerships, according to a report … to successfully enable the state to move forward with much-needed capital projects, there are four underlying …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedNYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review
… economy while completing its divestment review, consistent with my fiduciary duty. “This crisis has underscored major … continue to monitor these changing events. New York stands with the Ukrainan people. We hope for a peaceful resolution.” …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… than 8%. The projected valuation is expected to top the FY 2021 peak three years earlier than expected. Budget gaps … City-funded spending growth is expected to average 1.9% in the out-years, below expectations for inflation. This … $625 million of the amounts expected for FYs 2020 and 2021. The city has informed OSC staff that the time for …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusXI.2.K Authorized Signatures – XI. Procurement and Contract Management
… BOC are accurate and up-to-date, and that the correct forms are used. Incorrect, out-of-date forms will cause processing delays. A separate form must be … transactions and/or vendor responsibility determinations. Forms should be submitted to the address listed below. Office …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2k-authorized-signaturesXII.3 Record Retention – Accounts Payable Vouchers and Land Claims – XII. Expenditures
… Each agency should work with its Records Management Officer and SARA officials to ensure its record retention …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii3-record-retention-accounts-payable-vouchers-and-land-claimsOversight of New York State Forest Tax Programs
… and landowners are adhering to requirements to assist in the protection of the environmental benefits of the … of both healthy forests and a stable forest economy, in 1974 New York enacted Real Property Tax Law 480a – a tax … qualifying private forest landowners. Forest land enrolled in the 480a Program receives an annual property tax exemption …
https://www.osc.ny.gov/state-agencies/audits/2022/04/20/oversight-new-york-state-forest-tax-programsV.3.C Funds and Fund Accounting – V. Chart of Accounts (COA) Governance
… Category Level 3: Fund Type Level 4: Fund Type (Federal vs. State) Level 5: Total Fund Level 6: Fund/Subfund …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3c-funds-and-fund-accountingDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… policies are not as robust as other large U.S. cities, and with recent changes in state and local law enabling the use … DiNapoli’s report contrasts New York City’s policies with the nine other largest U.S. cities, all of which have …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundNYS Comptroller DiNapoli: SEC Upholds Shareholders' Right to Seek Racial Equity Audit
… Staff's determination that it was unable to agree with Amazon Inc.’s request to keep the New York State Common … Staffs determination that it was unable to agree with Amazon Incs request to keep the New York State Common …
https://www.osc.ny.gov/press/releases/2021/04/nys-comptroller-dinapoli-sec-upholds-shareholders-right-seek-racial-equity-auditDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… New York State Comptroller Thomas P. DiNapoli today announced … cash withdrawals at ATMs in the Del Lago Resort & Casino and the Turning Stone Resort Casino. She also wrote … and encourages the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsState Comptroller Thomas P. DiNapoli Statement on Mayor's Executive Budget Update
… than expected tax revenue, supporting upward revisions in spending. The Fiscal Year 2025 budget is now expected to … a number of other budgetary risks my office has raised in the past remain in the financial plan and the city continues to charge water …
https://www.osc.ny.gov/press/releases/2024/04/state-comptroller-thomas-p-dinapoli-statement-mayors-executive-budget-updateDiNapoli: New York City's Budget Outlook Improves
… services remain uncertain in the future, according to State Comptroller Thomas P. DiNapoli’s analysis of the city’s … of three financial plan “rounds” in November, January, and April. In addition to these savings, the city also identified … new programs created by the city during the pandemic are at risk. Education, health care, and social services that …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest
… Almost three million New York households are dealing with housing costs that consume more than 30% of their household income, with 1 in 5 households experiencing a severe cost burden of … are stretching household budgets and forcing trade-offs with other essentials, like food and health care. The …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highest