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DiNapoli: MTA Capital Funding Gap May Exceed $12 Billion
… could have been used to modernize the system. For example, East Side Access is now projected to cost $10.7 billion, more … expansion projects, such as future phases of the Second Avenue Subway. Funding the capital program has been an …
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
… County District Attorney Madeline Singas announced the arrest of a financial advisor from Pennsylvania and the re-arrest of his alleged collaborator, a financial advisor from … out on the $75,000 bond he posted following his previous arrest. The defendants are due back in court October 3, and …
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
… an agreement between the New York Environmental Protection and Spill Compensation Fund (Oil Spill Fund) and St. Lawrence County that will lead to the clean-up and … an agreement between the New York Environmental Protection and Spill Compensation Fund and St Lawrence County that will …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-oil-spill-fund-reaches-new-agreements-st-lawrence-countyDiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… year and personal income tax collections are falling short of what was expected," DiNapoli said. "Taxpayer …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionDiNapoli: School District Revenue Growth Slows
… districts have faced major fluctuations in their federal and state aid over the last decade and revenue growth was nearly flat the last three years, … contribute to the financial pressures on local governments and school districts across the state. “School districts are …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsDiNapoli: State Contractor Failed to Pay Prevailing Wages
… services failed to pay its workers prevailing wage rates and tried to hide its non-compliance with state law by misrepresenting hours worked and rates paid in certified payrolls it submitted to OMH, … working for the state to pay the prevailing wage rates and fringe benefits set for the locality where the work is …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-state-contractor-failed-pay-prevailing-wagesState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… (PFRS). DiNapoli is also dropping the long-term assumed rate of return on investments from 7 percent to 6.8 percent, anticipating a lower return investment environment. “Each year, for the past seven years, …
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
… York City Mayor’s preliminary executive budget for FY 2020 is balanced, but there are risks, including proposed drops in … tourism revenue set a new record, consumer confidence is at an 18-year high and wages continue to rise, partly due … gaps. The most immediate risk to the city’s finances is the potential impact of the state budget. The executive …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingPension Fund Makes Progress on Board Diversity
… to diversity at the board level and draw talent and ideas from the deepest possible pool. We will continue to …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversityState Agencies Bulletin No. 2271
… of this bulletin is to 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 … Employees: Employees with employer-provided vehicles and/or chauffeurs are affected. Background: Personal Use of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2271-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: Coney Island and Brighton Beach Jobs Doubled Over Last Decade
… today of Brooklyn’s Coney Island and Brighton Beach, where the amusement parks, boardwalk and “Little Odessa” have earned global reputations, but the dramatic rise in jobs over the past decade may be less well known. “Coney Island and … today of Brooklyns Coney Island and Brighton Beach where the amusement parks boardwalk and Little Odessa have earned …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-coney-island-and-brighton-beach-jobs-doubled-over-last-decadeHousing Trust Fund Corporation – Oversight of the Rural Rental Assistance Program
… To determine whether project owners are receiving Rural Rental Assistance Program (RRAP) payments only for eligible … States Department of Agriculture (USDA). RRAP provides rental subsidies for low-income elderly and family tenants … and local housing authorities. HTFC provides the direct rental subsidies through contracts with project owners for …
https://www.osc.ny.gov/state-agencies/audits/2024/12/20/housing-trust-fund-corporation-oversight-rural-rental-assistance-programDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… in 2016-17. School budgets head to voters for approval on Tuesday, May 17. Since it is still early in both the school …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capDiNapoli: State Tax Receipts Tracking Close to Projections Through First Half of the Year
… which was $2 billion, or 1.8%, higher than last year for the same period, primarily due to higher education costs. …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-state-tax-receipts-tracking-close-projections-through-first-half-yearDiNapoli: Improved Planning Needed for New York To Achieve Its Clean Energy Goals
… The Public Service Commission (PSC) and the New York State Energy Research and Development Authority (NYSERDA) have taken considerable … DiNapoli. The audit found inadequate planning, monitoring and assessment of risks and challenges in the PSC’s efforts … The Public Service Commission PSC and the New York State Energy Research and Development …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-improved-planning-needed-new-york-achieve-its-clean-energy-goalsPhysical and Financial Conditions at Selected Mitchell-Lama Developments
… collect over $1.5 million in unrealized rental income from apartments that remained vacant for more than 120 days. Key …
https://www.osc.ny.gov/state-agencies/audits/2024/09/30/physical-and-financial-conditions-selected-mitchell-lama-developmentsMontrose Fire District – Claims Auditing (2025M-53)
… Area The claims audit is often the last line of defense for preventing unauthorized, improper or fraudulent claims … with its written policies, and that each purchase was for a proper fire district purpose. Purchases made using … sales taxes were paid on certain purchases and have taken measures to ensure sales taxes are not paid going forward. 42 …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/10/17/montrose-fire-district-claims-auditing-2025m-53DiNapoli: Former Durhamville Fire Department Treasurer Sentenced to Prison for Theft of Over $92K
… York State Comptroller Thomas P. DiNapoli, Oneida County District Attorney Todd Carville, and New York State Police Superintendent Steven G. James announced today that the former treasurer of the … your actions,” DiNapoli said. “My thanks to Oneida County District Attorney Carville and the New York State Police for …
https://www.osc.ny.gov/press/releases/2025/11/dinapoli-former-durhamville-fire-department-treasurer-sentenced-prison-theft-over-92kOpinion 91-24
… in the opinion. SEWERS AND SEWER SYSTEMS -- Contracts (to provide service outside town district) SEWER DISTRICTS -- Contracts (between town and county districts); (to provide service outside district); (with village) COUNTY … of a town sewer district, may contract with a county to provide sewer service to properties within a county sewer …
https://www.osc.ny.gov/legal-opinions/opinion-91-24Opinion 91-21
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Compensation … of estates - county chief fiscal officer's right to fees and commissions); (fees and commissions - right of …
https://www.osc.ny.gov/legal-opinions/opinion-91-21