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Remsenburg-Speonk Union Free School District – Financial Management (2025M-33)
… , which you received with the draft audit report. The CAP should be posted on the District’s website for public review. …
https://www.osc.ny.gov/local-government/audits/school-district/2025/07/18/remsenburg-speonk-union-free-school-district-financial-management-2025mDiNapoli: New York May Be Paying Medicaid Premiums for People Living Out-of-State
… found multiple issues with how the state identified out-of-state Medicaid members, and found close to $1.2 billion in … that were paid for members who may have resided outside of New York. Auditors found that the state Department of Health (DOH) did not properly check to confirm that …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-new-york-may-be-paying-medicaid-premiums-people-living-out-stateNew York State Comptroller DiNapoli Receives Prestigious Award From National Italian American Organization
… congress members, astronauts, actors and playwrights. He was presented this award at the organization’s 59th … American to serve in this position in the state's history. He entered public service after being elected the first … public office as a trustee on the Mineola school board. He later served as a New York State Assemblyman and has been …
https://www.osc.ny.gov/press/releases/2025/08/new-york-state-comptroller-dinapoli-receives-prestigious-award-national-italian-american-organizationState Agencies Bulletin No. 2366
… inform agencies of the procedures and provide instructions for reporting the taxable value of personal use of an employer-provided vehicle and chauffeur services in the New York State Payroll System (PayServ) for tax year … inform agencies of the procedures and provide instructions for reporting the taxable value of personal use of an …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2366-procedures-reporting-taxable-value-personal-use-employer-providedTown of Cohocton – Oversight of Ambulance Service (2025M-49)
… [read complete report – pdf] Audit Objective Did the Town of Cohocton (Town) Town Board (Board) adequately oversee and … The Board did not adequately oversee or manage the Towns ambulance service The Boards general lack of oversight of and policy development for the District …
https://www.osc.ny.gov/local-government/audits/town/2025/09/26/town-cohocton-oversight-ambulance-service-2025m-49Montrose Fire District – Claims Auditing (2025M-53)
… $484 made through an online payment system and at a local coffee chain. Although officials claimed that the purchases … Comptroller’s authority as set forth in Article 3 of the New York State General Municipal Law. Our methodology and …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/10/17/montrose-fire-district-claims-auditing-2025m-53DiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… $18.6 billion in the first quarter of the new fiscal year, $1.2 billion less than the same period last year and $315.7 million below projections, according to the … P. DiNapoli. "We're three months into New York's fiscal year and personal income tax collections are falling short of …
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 last three years, … have faced major fluctuations in their federal and state aid over the last decade and revenue growth was nearly flat the last three years averaging …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsDiNapoli: State Contractor Failed to Pay Prevailing Wages
… A state Office of Mental Health (OMH) contractor hired to provide janitorial … found numerous violations committed by the Shorefront Mental Health Board,” DiNapoli said. “This contractor … follow the law to protect all workers.” Shorefront Mental Health Board provides support for treatment and …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-state-contractor-failed-pay-prevailing-wagesV.3.C Funds and Fund Accounting – V. Chart of Accounts (COA) Governance
… Fund captures a fiscal and accounting entity with a self-balancing set of accounts (real … on specific activities or meeting certain objectives in accordance with New York State law. Fund is required on … Fund groupings and one to capture the Generally Accepted Accounting Principles (GAAP) basis of Fund groupings. The …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3c-funds-and-fund-accountingState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… and one of the best funded in the nation. The long-term outlook for investors is changing and requires a more …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredNYC Budget Is Balanced but Risks Are Growing
… said. “Still, there are risks on the horizon, and Mayor de Blasio’s efforts to find additional savings in the budget …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingDiNapoli: 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-risksComptroller DiNapoli and A.G. Schneiderman Announce Sentencing of Former Met Council Insurance Brokers
… to five years of probation and will each pay $1.5 million in restitution to Met Council. As part of their sentence, … broad conspiracy was an insult to those who donated money in good faith to help the needy," said State Comptroller … Ross and Lieber previously pled guilty to Grand Larceny in the Third Degree (a class D felony), Criminal Tax Fraud in …
https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-former-met-council-insurance-brokersDiNapoli: Many SUNY Campus Foundations Operating Without Contracts or Proper Oversight
… a significant amount of funding to the campuses for salaries and other forms of compensation, some in addition to state salaries. Auditors found neither foundations' payroll-related … million by UBF. Four of these individuals each received salaries exceeding $100,000 from both the University at …
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
… with Goldman Sachs Asset Management (GSAM) to invest in a diverse group of global equity strategies viewed as … initially focus on dynamic manager selection opportunities in global equities to enhance returns in the Fund’s equity portfolio. GSAM will also provide …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsDiNapoli: MTA Capital Funding Gap May Exceed $12 Billion
… and financing these capital investments over the next 20 years will be difficult, according to a report released … to invest $105.7 billion (in 2012 dollars) over the next 20 years to maintain and modernize the existing transit … need to be invested in the subway system over the next 20 years. This estimate includes $15.6 billion to modernize …
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
… State Comptroller Thomas P. DiNapoli and Nassau County … are senior citizens who trusted the defendants with their retirement savings. In total – at least 40 victims came … 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/2018/09/dinapoli-10-million-ponzi-scheme-unraveled-following-nassau-county-district-attorney-investigationDiNapoli: Oil Spill Fund Reaches New Agreements With St. Lawrence County
… Thomas P. DiNapoli today announced an agreement between the New York Environmental Protection and Spill Compensation … (Oil Spill Fund) and St. Lawrence County that will lead to the clean-up and redevelopment of contaminated commercial property in the villages of DeKalb and Massena. The seven properties that …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-oil-spill-fund-reaches-new-agreements-st-lawrence-countyReview of the Financial Plan of the City of New York
New York City’s finances continue to benefit from better-than-projected revenues and savings generated through initiatives launched in response to its financial challenges. Budgetary flexibility, including reserves and contingencies, remains at near-record levels as a share of spending.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-19-2024.pdf