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DiNapoli: NYC Financial Plan Improved From June
… savings of $1.1 billion by the end of the plan period (FY 2026), but this will not be enough to counter an increase in … to larger budget gaps in FY 2025 ($4.6 billion) and FY 2026 ($5.9 billion) than estimated in June. Certain PEG … annually in FY 2024, and reach nearly $5 billion in FY 2026, raising the potential budget gap in that year to over …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-juneXIV.5 Employee Award Programs – XIV. Special Procedures
… Business Unit personnel should be aware of in planning for employee award programs and the requirements of the Office of the State Comptroller (OSC) for approving payment for these types of programs. This section addresses Cash and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsDiNapoli: Orange County Resident Arrested for Stealing Her Late Mother’s Pension Benefits
… with grand larceny in the second degree (Class C Felony) for allegedly stealing $51,532.64 of her late mother’s … she could get away with hiding her mother’s death from the retirement system to steal over $50,000. She was wrong and … District Attorney Hoovler and the New York State Police for their partnership and sending the message that those who …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-orange-county-resident-arrested-stealing-her-late-mothers-pension-benefitsDiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
… The State Fiscal Year (SFY) 2021-22 Enacted Budget Financial Plan … This reduction was fueled by the receipt of substantial new resources, including $15.2 billion in federal assistance … in the budget to support pandemic recovery for New York’s struggling individuals, families and businesses may …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reservesCompliance With Executive Order 95 (Open Data)
… 95), including providing, in a timely manner, publishable State data to the Office of Information Technology Services … entities possess large amounts of valuable information on subjects such as health, business, public safety, parks …
https://www.osc.ny.gov/state-agencies/audits/2021/05/27/compliance-executive-order-95-open-dataOrdinary Death Benefit
… and the New York State Teachers' Retirement System (TRS) is in service to the full retirement age. Memo Bill Text … NYSLRS and the New York State Teachers Retirement System TRS is in service to the full retirement age …
https://www.osc.ny.gov/legislation/ordinary-death-benefitDiNapoli: Lack of Oversight Delayed Access to Emergency Home Repairs for Elderly New Yorkers
… Thomas P. DiNapoli today released an audit that found New York State Homes and Community Renewal’s (HCR) lax oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly (RESTORE) program … funding under the program. “The RESTORE program has been a vital resource for seniors across our state whose homes may …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-lack-oversight-delayed-access-emergency-home-repairs-elderly-new-yorkersLinkNYC Program Revenues and Monitoring
… received all the revenues specified in the contract terms and whether the Department of Information Technology and Telecommunications (DoITT) monitored the contract to … Wi-Fi hotspots, and mobile telecom equipment installed on NYC streets. DoITT’s Division of Franchise Administration is …
https://www.osc.ny.gov/state-agencies/audits/2021/07/30/linknyc-program-revenues-and-monitoringState Agencies Bulletin No. 1852
… as income on the employee’s 2020 Form W-2 using Earnings Code PEV ( P ersonal E mployer V ehicle). Agency Actions … of the chauffeur as defined in Internal Revenue Code Section 414(q)(7). Computing the Value of Personal Use … personal use amount must be reported by using the Earnings Code PEV (P ersonal E mployer V ehicle ). Enter the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1852-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: Public Must Be Alerted to Sewer Overflow Problems
… systems were complying with the reporting requirements. For the period from April 2017 to February 2020, auditors … 83 (22 percent) of the 371 systems were not registered for the NY-Alert notification system and were not reporting … 113 events reviewed, 109 (96 percent) had inaccurate times for the start of the sewage overflow. Additionally, auditors …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-public-must-be-alerted-sewer-overflow-problemsDiNapoli Releases Upper Manhattan Economic Snapshot
The number of jobs businesses and people living in Washington Heights and Inwood have reached record levels but low household incomes and a shortage of affordable housing are challenges according to an economic snapshot released today by New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-upper-manhattan-economic-snapshotDiNapoli Releases State Cash Report
… Tax revenues of $3.9 billion in May were stronger than projected, with collections for the … said. “New York has also collected more than $1.5 billion in settlement dollars that are not yet appropriated. These … website called Open Book New York ( www.openbooknewyork.com ). … Tax revenues of $39 billion in May were stronger …
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
… New York State Comptroller Thomas P. DiNapoli and Ulster County … Ms. Bradshaw knowingly took advantage of the health insurance system to profit at her own expense. … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State …
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
… of Americans behind with no options. New Yorkers deserve better from Washington." … The Republican health care bill is …
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 …
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
… New York State Comptroller Thomas P. DiNapoli today announced that … Fund’s (Fund) request that they increase the use of renewable energy in their operations and supply chain. … called for 100 percent renewable energy use and includes Johnson & Johnson, Starbucks, Wal-Mart and Goldman Sachs …
https://www.osc.ny.gov/press/releases/2016/05/dinapolitwo-fortune-500-retailers-agree-increased-use-renewable-energyPension Fund Makes Progress on Board Diversity
… Fund (Fund) has reached agreement with GoPro Inc. to formally include sexual orientation and gender identity, … when seeking diverse board candidates. GoPro agreed to amend its Nominating and Governance Committee Charter to solidify its commitment to seek diverse director nominees …
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
… budget by a total of $1.5 billion from 2023 through 2026. The MTA can use these savings to preserve and improve … provide funding to help balance the MTA’s budget through 2026 — and federal approval for congestion pricing — are … difficult choices. How it decides to bridge the gaps after 2026 and manage its debt can determine whether it remains on …
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
… may underestimate the value of public assets and in doing so, short-change the public. Unfavorable pricing … are not short-changed by an artificially low valuation; Keep private sector profits within reason and ensure … agreement; Carefully draft agreements that specify what the private entity promises to deliver in exchange for …
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
… New York State Comptroller Thomas P. DiNapoli has directed staff to prohibit all new investments in Russian companies and to review the New …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-review