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Housing Trust Fund Corporation – Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Follow-Up) (2022-F-18)
To assess the extent of implementation of the six recommendations included in our initial audit report, Housing Trust Fund Corporation: Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Report 2020-S-4).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-22f18.pdfAgencies Travel Manual
The purpose of the Travel Manual is to help agencies, employees and certain public officials understand and apply the State’s travel rules and regulations and to provide instructions regarding reimbursement for expenses while in travel status.
https://www.osc.ny.gov/files/state-agencies/travel/pdf/agencies-travel-manual-attachment.pdfDespite Progress, Pay Gap for Women Persists, March 2022
In 2020, women earned 83 cents to every dollar earned by men, a wage gap of more than $10,435 based on median earnings for men and women who worked full-time, as reported by the U.S. Census Bureau.
https://www.osc.ny.gov/files/reports/pdf/despite-progress-pay-gap-for-women-persists.pdfThe New York State Dedicated Highway and Bridge Trust Fund: At a Crossroads
The creation of the Dedicated Highway and Bridge Trust Fund in 1991 reflected a recognition that critical transportation infrastructure should be funded on a consistent, reliable basis by investing resources today for the long-term good of the State.
https://www.osc.ny.gov/files/reports/pdf/new-york-state-dedicated-highway-and-bridge-trust-fund-crossroads.pdfDiNapoli: MTA Capital Funding Gap May Exceed $12 Billion
… Authority (MTA) has made significant progress in repairing and modernizing the regional transit system, but … New Yorkers rely on the MTA transit system and while it is in far better condition than it was 30 years ago, much more … faster.” DiNapoli’s report found that despite $90 billion in capital investments since 1982, the MTA has not restored …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-mta-capital-funding-gap-may-exceed-12-billionDiNapoli: $10 Million Ponzi Scheme Unraveled Following Nassau County District Attorney Investigation
… Nassau County District Attorney Madeline Singas announced the arrest of a financial advisor from Pennsylvania and the … partnership and diligence in exposing this fraud." Matthew Eckstein, 48, of Syosset, was arraigned yesterday … this case. Dennis Lemke, Esq. represents Eckstein and James Drucker, Esq. represents Brody. The charges are merely …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-10-million-ponzi-scheme-unraveled-following-nassau-county-district-attorney-investigationDiNapoli: Oil Spill Fund Reaches New Agreements With St. Lawrence County
… of these agreements continue to pay long-term dividends for residents of the North Country." The Oil Spill Fund, … (OAG), pays for the cleanup of petroleum contamination when the parties responsible either cannot be identified or … Spill Fund from such parties. Today's agreement is part of a wider statewide effort by the Comptroller and the Oil Spill …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-oil-spill-fund-reaches-new-agreements-st-lawrence-countyDiNapoli: Funds Dedicated for Highway & Bridge Capital Projects Continue to be Diverted for Operating and Debt Costs
… Highway and Bridge Trust Fund continues to be diverted for non-capital purposes, leaving critical highway and bridge … challenges and shrinking debt capacity, according to a report issued today by New York State Comptroller Thomas P. … for the state’s capital program, debt becomes a burden when the payment of debt service becomes such a large use of …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-funds-dedicated-highway-bridge-capital-projects-continue-be-diverted-operating-and-debtDiNapoli: NYC Finances Strong But Slowing Economy Presents Risks
… economy given current developments. To their credit, Mayor de Blasio and the City Council have prudently increased the city’s reserves in recent years.” In January, Mayor de Blasio released his preliminary executive budget for …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-nyc-finances-strong-slowing-economy-presents-risksState 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). … the state pension fund strong and one of the best funded in the nation. The long-term outlook for investors is changing and requires a more conservative approach. As in years past, we’re taking the responsible action of …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredDiNapoli: Many SUNY Campus Foundations Operating Without Contracts or Proper Oversight
… were operating without the contracts they are required to have with their campuses while overseeing and managing billions in donations and resources, according to a report released today by State Comptroller Thomas P. … Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-many-suny-campus-foundations-operating-without-contracts-or-proper-oversightDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… State Common Retirement Fund (CRF or the Fund) has created a $2 billion strategic partnership with Goldman Sachs Asset Management (GSAM) to invest in a diverse group of global equity strategies … is key to the continued growth of the Fund’s long-term value. This partnership is designed to help strengthen the …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsDiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… tax collections totaled $18.6 billion in the first quarter of the new fiscal year, $1.2 billion less than the same … year and personal income tax collections are falling short of what was expected," DiNapoli said. "Taxpayer anticipation of federal tax changes has contributed to the decline. …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionDiNapoli: School District Revenue Growth Slows
… have faced major fluctuations in their federal and state aid over the last decade and revenue growth was nearly flat … the issues that contribute to the financial pressures on local governments and school districts across the state. … DiNapoli. “State and federal aid have noticeably slowed, local property tax revenues are capped and their rainy day …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsDiNapoli: State Contractor Failed to Pay Prevailing Wages
… state law by misrepresenting hours worked and rates paid in certified payrolls it submitted to OMH, according to an … transition programs of the South Beach Psychiatric Center in Staten Island. It contracts with OMH to provide janitorial … After DiNapoli’s auditors met with Shorefront officials in January 2014, the officials said they took corrective …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-state-contractor-failed-pay-prevailing-wagesNYC Budget Is Balanced but Risks Are Growing
… is balanced, but there are risks, including proposed drops in state assistance, potential federal budget cuts and slower … and Mayor de Blasio’s efforts to find additional savings in the budget are prudent.” The city added a total of 820,400 … 2009 and 2018, the largest and longest job expansion in the post-World War II period. In 2018, 86,600 jobs were …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… restitution and sentenced to serve five years of probation for stealing from the fire company. Perkins, 58, previously … During the last three years that she was treasurer for the fire company, from 2016 to 2019, investigators found … amounts that had been paid to the fire company. She paid for groceries and other personal expenses with the money. …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… the MTA’s budget through 2026 — and federal approval for congestion pricing — are positive signs that the MTA can … whether it comes back to riders, toll payers and taxpayers for more assistance down the road. Key Findings: MTA’s … 2025 before declining slightly. However, after adjusting for recent MTA and state actions, DiNapoli’s office projects …
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
… cost-effective solutions for its estimated $250 billion in infrastructure needs over the next 20 years, the state … infrastructure needs a lot of improvements - $250 billion in improvements over the next 20 years,” DiNapoli said. “The … to look at public-private partnerships based on experience in other states, but we have to ensure public assets are not …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedState Agencies Bulletin No. 2059
… before January 1, 2026), the maximum fair market value of a vehicle (automobiles, vans, trucks) made available to employees when calculating the Cents-Per-Mile Valuation or the Fleet … cards issued by the State. If these charges were not reimbursed by the officer or employee, agencies must add …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2059-procedures-reporting-taxable-value-personal-use-employer-provided