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COVID-19 Causes Big Financial Hit to NYC Arts, Entertainment and Recreation Industry
… pandemic, as employment declined by 66 percent over a one-year period ending in December 2020, according to a report … Recipients were eligible to receive an additional $600 per week through the Federal Pandemic Unemployment … that will end on March 14, 2021, and an extra $300 per week of FPUC. The CARES Act also earmarked funds for …
https://www.osc.ny.gov/press/releases/2021/02/covid-19-causes-big-financial-hit-nyc-arts-entertainment-and-recreation-industryNew York’s Economy and Finances in the COVID-19 Era (February 18, 2021)
… experiencing food scarcity, at 14 percent compared to the 11 percent national rate, according to the U.S. Census … Census survey period and in previous surveys dating to August 2020. New York State SNAP Recipients Total More Than … largely by New York City, with growth of nearly 165,000 or 11.1 percent. Suffolk and Albany counties have also seen …
https://www.osc.ny.gov/reports/impact-covid-19-february-18-2021Tioga Central School District – Health Insurance and Special Education Cost Savings (2020M-84)
… an acceptable health insurance buyout incentive in lieu of health insurance coverage. Savings could range between …
https://www.osc.ny.gov/local-government/audits/school-district/2020/11/13/tioga-central-school-district-health-insurance-and-special-education-costDiNapoli Recovers $42K From Woman Who Stole From State and Local Retirement System
… for stealing nearly $42,000 of her deceased mother’s pension payments. Robertson pleaded guilty to petit larceny … Robertson kept her mother's death a secret to steal her pension. She was caught and now she must repay the $42,000 … death and continued to fraudulently collect her mother’s pension payments, beginning in 2013. She pleaded guilty to …
https://www.osc.ny.gov/press/releases/2019/12/dinapoli-recovers-42k-woman-who-stole-state-and-local-retirement-systemMount Sinai Fire District - Financial Condition and Price Quotations for Purchases (2019M-83)
… leaving the District with virtually no unrestricted fund balance. District officials did not always seek quotations … plans for the maintenance of a reasonable level of fund balance, the funding and use of reserves and a multiyear …
https://www.osc.ny.gov/local-government/audits/fire-district/2019/08/23/mount-sinai-fire-district-financial-condition-and-price-quotationsOversight of Security Expenses in Single Adult and Adult Family Homeless Shelters (Follow-Up)
… Objective To determine the extent of implementation of the ten recommendations … audit report, Oversight of Security Expenses in Single Adult and Adult Family Homeless Shelters (Report 2016-N-6 …
https://www.osc.ny.gov/state-agencies/audits/2019/12/10/oversight-security-expenses-single-adult-and-adult-family-homeless-shelters-followTown of Halfmoon – Financial Condition of the General and Highway Funds (2013M-55)
… Purpose of Audit The purpose of our examination was to evaluate the Town’s … general and highway funds for the period January 1, 2011, to September 30, 2012. Background The Town of Halfmoon is …
https://www.osc.ny.gov/local-government/audits/town/2013/08/06/town-halfmoon-financial-condition-general-and-highway-funds-2013m-55New York’s Economy and Finances in the COVID-19 Era (April 16, 2021)
… 9.9% $3,588,694,869 7.0% $74,121 Other Services (except Public Administration) 51,571 10.5% $3,091,409,069 6.1% … Fishing and Hunting 3,736 0.8% $275,349,343 0.5% $73,702 Public Administration 1,607 0.3% $178,242,038 0.3% $110,916 …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021Village of Castleton-on-Hudson – Internal Controls Over Information Technology and Online Banking (2013M-59)
… technology and online banking for the period of June 1, 2011, to September 30, 2012. Background The Village …
https://www.osc.ny.gov/local-government/audits/village/2013/05/24/village-castleton-hudson-internal-controls-over-information-technology-and-onlineVillage of Brightwaters – Financial Operations, Conflict of Interest and Information Technology (2012M-190)
… operating deficits that have contributed to ongoing fund balance deficits in the general fund. During this period, the … $642,000 in non-recurring revenue without which the fund balance deficit would have been even greater. The Board …
https://www.osc.ny.gov/local-government/audits/village/2013/02/22/village-brightwaters-financial-operations-conflict-interest-and-informationNew York’s Economy and Finances in the COVID-19 Era (May 13, 2021)
… from enacted tax increases and the legalization of online sports betting and recreational marijuana use. These …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-may-13-2021New York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… March 18, 2021 Edition Economy Four Out of Five Small Businesses in NY Continue to Report a Negative … continue to suffer, even as the economy reopens gradually and employment growth resumes. Seventy-eight percent of small … the Paycheck Protection Program and the COVID-19 Economic Injury Disaster Loans. Economic Injury Disaster …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021New York’s Economy and Finances in the COVID-19 Era (March 30, 2021)
… March 30, 2021 Edition While Some New York Industries Are on the Path to …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-march-30-2021NYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… York State Comptroller Thomas P. DiNapoli today announced $800 million in recent investments through the New York State … $8.5 billion of that overall commitment. The latest $800 million comprises three separate investments. In January, … requested data. … NYS Comptroller DiNapoli announced $800 million in investments through the NYS Common Retirement …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsDiNapoli Audit Finds Western Regional OTB Lacks Accountability and Gave Out Lucrative Perks
… and poor documentation. DiNapoli urged the OTB to seek reimbursement for tickets and other expenses that were … recommended that the OTB: Develop and adopt a written policy and procedures for the distribution of tickets and who … track his personal use of his official vehicle and keep mileage logs, as all employees were required to do. He also …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-audit-finds-western-regional-otb-lacks-accountability-and-gave-out-lucrative-perksCity of Glen Cove Industrial Development Agency – Project Approval and Monitoring (2020M-139)
… paid to the City of Glen Cove (City), $75,039, and to the school district and library, $300,875. Tax exemptions …
https://www.osc.ny.gov/local-government/audits/city/2021/07/16/city-glen-cove-industrial-development-agency-project-approval-and-monitoring-2020mTown of Black Brook – Financial Condition of Sewer and Water Districts (2012M-216)
… Purpose of Audit The purpose of our audit was to evaluate the financial condition of the … a long-term capital plan or a long-term financial plan to address the sewer and water districts’ corresponding costs, …
https://www.osc.ny.gov/local-government/audits/town/2013/02/01/town-black-brook-financial-condition-sewer-and-water-districts-2012m-216Pine Bush Central School District – Budgeting Practices and Transportation Cost Savings (2012M-238)
… The District’s expenditures for the 2011-12 fiscal year were $94.6 million, which were funded primarily with State aid and … $4.8 million in the 2009-10 fiscal year and $3.6 million in both the 2010-11 and 2011-12 fiscal years. As a …
https://www.osc.ny.gov/local-government/audits/school-district/2013/03/08/pine-bush-central-school-district-budgeting-practices-and-transportationTown of Throop – Oversight of the Supervisor’s Cash Collections and Disbursements (2022M-172)
… complete report – pdf] Audit Objective Determine whether the Town of Throop (Town) Supervisor and Town Board (Board) ensured cash assets in the Supervisor’s custody were properly collected and …
https://www.osc.ny.gov/local-government/audits/town/2024/05/03/town-throop-oversight-supervisors-cash-collections-and-disbursements-2022m-172Comptroller DiNapoli and Attorney General Schneiderman Announce Three Arrests in $200,000 Contract Fraud
… defraud the taxpayers of over $200,000,” DiNapoli said. ”My office will continue to monitor public expenditures, …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-and-attorney-general-schneiderman-announce-three-arrests-200000-contract-fraud