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DiNapoli: Mount Vernon Officials Failed to Establish Basic and Routine Financial Policies
… The City Council of Mount Vernon did not have adequate financial information for the effective … reports and issue audited statements. In addition, they did not have financial information available to develop … Thomas P. DiNapoli. “Our audit found city officials did not establish basic and routine financial policies and …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-mount-vernon-officials-failed-establish-basic-and-routine-financial-policiesTown of Scio – Highway Fund Financial Condition and Records and Reports (2013M-279)
… approximately $1 million for the general ($230,000) and highway ($730,000) funds, which were funded primarily with … for which reimbursement was not received from the Federal Emergency Management Agency (FEMA) until 2012. … any deficit that remains in the highway fund after all Federal and State reimbursements are appropriately accounted …
https://www.osc.ny.gov/local-government/audits/town/2014/02/14/town-scio-highway-fund-financial-condition-and-records-and-reports-2013m-279Medicaid Program – Accuracy of Medicaid Eligibility Determined by NY State of Health
… Objective To determine whether NY State of Health (NYSOH, New York’s online health plan marketplace) … February 28, 2020. About the Program The Department of Health (Department) administers New York’s Medicaid program. Many of the State’s Medicaid recipients receive their services …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-accuracy-medicaid-eligibility-determined-ny-state-healthTown of Bridgewater – Financial Operations (2013M-309)
… through March 31, 2013. Background The Town of Bridgewater is located in Oneida County and has a population of approximately 1,500 residents. The Town Board is the legislative body responsible for managing Town … Ensure that a separate set of accounting records is maintained for each fund. Periodically review the work of …
https://www.osc.ny.gov/local-government/audits/town/2013/12/20/town-bridgewater-financial-operations-2013m-309NYS Common Retirement Fund Reports Second Quarter Results
… but gains are clearly fragile in this volatile financial climate. Wall Street continued to exceed expectations in the … percent), real estate and real assets (8.5 percent) and credit, absolute return strategies and opportunistic …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: State Tax Revenues $3 Billion Below Last Year
… in DOB’s State Fiscal Year 2021 Mid-Year Update, issued Oct. 30. Tax receipts from the start of the state’s fiscal …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-state-tax-revenues-3-billion-below-last-yearOpinion 95-21
… or statutory amendments that bear on the issues discussed in the opinion. IMPROVEMENT DISTRICTS -- Consolidation … -- one discretionary and one mandatory. The town board, in its discretion, "may" call a public hearing to consolidate … the town board "shall" call a public hearing ( id .). In either case, if the town board, after the public hearing, …
https://www.osc.ny.gov/legal-opinions/opinion-95-21MTA-NYC Transit Medical Assessment Centers
… and assessments are done at one of Transit’s five MAC locations. In addition, there is a 24-hour lab located in Downtown Brooklyn. Employees are assigned to a MAC according to their work location. If testing is needed, … that employees were not always assigned to the closest MAC. This practice cost about $151,000 during our audit …
https://www.osc.ny.gov/state-agencies/audits/2014/11/10/mta-nyc-transit-medical-assessment-centersState Agencies Bulletin No. 990
… Section 2.10 of the New York State Criminal Procedure Law who meet the eligibility as described below Background … and safety training programs as set by the Joint Committee on Health and Safety are eligible for a pilot Firearms … Section 2.10 of the New York State Criminal Procedure Law; Assigned to carry a firearm; and Successfully completed …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/990-pef-firearms-training-and-safety-incentive-programOpinion 88-73
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … This is in reply to your letter asking whether a town of the second class may establish a capital reserve fund for … Whether a town of the second class may establish a capital reserve fund for …
https://www.osc.ny.gov/legal-opinions/opinion-88-73State Agencies Bulletin No. 258
… agencies with instructions on accessing Garnishment panels and interpreting the information on the panels. Effective Date Immediately OSC Actions A new security … established which will allow access to five Garnishment panels - Garnishment Spec 1, Garnishment Spec 2, Garnishment …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/258-agency-view-access-paysr-garnishment-panelsStatement From NY State Comptroller Thomas P. DiNapoli on Mayor's November Financial Plan Update
… New York State Comptroller Thomas P. DiNapoli released the … update to the city's Financial Plan: “Today’s release of New York City’s November Financial Plan update highlights the … New York State Comptroller Thomas P DiNapoli released the …
https://www.osc.ny.gov/press/releases/2023/11/statement-ny-state-comptroller-thomas-p-dinapoli-mayors-november-financial-plan-updateDiNapoli: Home Ownership Grants Helping Low- and Moderate-Income New Yorkers
… of grants awarded to homeowners through the state’s Affordable Home Ownership Development Program are being given … Thomas P. DiNapoli. The program, overseen by the Affordable Housing Corporation, which is a division of New … said. “While there is some room for improvement, the Affordable Home Ownership Development Program is working well …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-home-ownership-grants-helping-low-and-moderate-income-new-yorkersNY State Comptroller DiNapoli Statement on Pension Fund's Ranking as Top U.S. Investor Battling Climate Risk
… New York State Comptroller Thomas P. DiNapoli released the … today after the Asset Owners Disclosure Project named the New York State Common Retirement Fund as the number one U.S. … at: https://aodproject.net/changing-climate/ About the New York State Common Retirement Fund The New York State …
https://www.osc.ny.gov/press/releases/2018/09/ny-state-comptroller-dinapoli-statement-pension-funds-ranking-top-us-investor-battling-climate-riskDiNapoli: Local Sales Tax Collections Drop 8.2 Percent in July
… sales tax collections. Nearly every county in every region of the state saw overall July collections drop year over … Westchester, where its tax rate increase in August of 2019 boosted year-over-year growth. County decreases … downturn in sales tax collections, a major source of revenue. This is going to have a long-lasting effect on …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-local-sales-tax-collections-drop-82-percent-julyDiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… Retirement Fund’s (Fund) investment return was 5.84% for the state fiscal year that ended March 31, 2025. The Fund closed the year with an estimated value of $272.8 billion. (Note: In July 2025, following the annual … Common Retirement Funds Fund investment return was 584 for the state fiscal year that ended March 31 2025 The Fund …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25Taxes and Interest
… We pay interest on items that were originally interest bearing such as bank … We pay interest on interest bearing items such as bank accounts utility …
https://www.osc.ny.gov/unclaimed-funds/claimants/taxes-and-interestOpinion 2007-2
… that bear on the issues discussed in the opinion. ELECTIONS -- Board of Elections (liability for expenses of); (authority to charge … all or a portion of the types of expenses connected with elections and matters preliminary or relating thereto that, …
https://www.osc.ny.gov/legal-opinions/opinion-2007-2Cheektowaga-Sloan Union Free School District – Financial Condition and Payroll (2017M-94)
… of Audit The purpose of our audit was to review District financial and payroll records for the period July 1, 2015 through March 2, 2017. Background … Board of Education. General fund budgeted appropriations for the 2016-17 fiscal year totaled approximately $34 …
https://www.osc.ny.gov/local-government/audits/school-district/2017/09/29/cheektowaga-sloan-union-free-school-district-financial-condition-andLansing Fire District – Financial Condition (2013M-80)
… change. Establish a reasonable fund balance target based on the District’s needs, and adjust its plan as necessary to …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/07/05/lansing-fire-district-financial-condition-2013m-80