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Comptroller DiNapoli: Schools Must Do More to Limit Access to Sensitive Student Databases
… be protected by school districts,” said DiNapoli. “Each of the districts identified in this audit should take the … I have directed my audit division to expand the scope of this audit and begin examining school districts from every … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-schools-must-do-more-limit-access-sensitive-student-databasesDiNapoli: Many SUNY Campus Foundations Operating Without Contracts or Proper Oversight
… in donations and resources, according to a report released today by State Comptroller Thomas P. DiNapoli. More than half … in donations and resources according to a report released today by State Comptroller Thomas P DiNapoli …
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: Funds Dedicated for Highway & Bridge Capital Projects Continue to be Diverted for Operating and Debt Costs
… large transfers from the state’s general fund and federal funds shows no signs of reversing. The general fund subsidy …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-funds-dedicated-highway-bridge-capital-projects-continue-be-diverted-operating-and-debtOpinion 91-24
… §14-1436: A town, on behalf of a town sewer district, may contract with a county to provide sewer service to properties … within a county sewer district. The cost of such a contract would be financed by the county in the same manner … power, on behalf of a sewer district, to: enter into a contract or contracts with another sewer district or with any …
https://www.osc.ny.gov/legal-opinions/opinion-91-24Opinion 91-21
… (see, e.g., People ex rel. Conine v Steuben County , 183 NY 114, applying the prohibition to a county treasurer). … to fees or commissions (see, e.g., Cook v Stockwell , 206 NY 481; see also, Finn v City of New York , 282 NY 153; … Estate of Mary Ellen Fraad , NYLJ, March 29, 1990, p. 30, col. 5; County Law, §215[3]). Alternatively, the chief fiscal …
https://www.osc.ny.gov/legal-opinions/opinion-91-21DiNapoli: NYC Financial Plan Improved From June
… to State Comptroller Thomas P. DiNapoli’s analysis of the city’s November financial plan update . “Amid a number of setbacks, New York City’s economy continues to show … facing.” The city’s November Plan shows higher revenue of $2.5 billion since June due to unanticipated federal grant …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-juneDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… Volunteer Fire Co., Cindi Perkins, was yesterday ordered to pay $50,000 in restitution and sentenced to serve five years of probation for stealing from the fire company. Perkins, 58, previously pleaded guilty to grand larceny in the fourth degree in November 2023. “Ms. …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsDiNapoli: New York City's Budget Outlook Improves
… While additional revenue and savings have helped the city balance its books, it is navigating several fiscal challenges … Ahead The city should continue to seek efficiencies to balance out-year budget gaps, increase transparency around …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… the state budget provided dedicated sources of revenue to close projected budget gaps, according to New York State … outlook . With this improved financial picture, the burden is now on the MTA to improve the region’s transit system and … million in 2027. For example, the MTA has yet to identify how it will achieve all of the $500 million in annual savings …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backState Agencies Bulletin No. 2159.1
… use of an employer-provided vehicle and chauffeur services in the New York State Payroll System (PayServ) for tax year … Fringe Benefits are taxable income that must be included in the employee’s taxable gross wages. This income is … Regulations. Agencies should have an established process in place requiring employees to substantiate their business …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/21591-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest
… Almost three million New York households are dealing with housing costs that consume … due in part to the influx of asylum seekers in New York City. Regional Breakdown For both owners and renters, housing …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestState Agencies Bulletin No. 2159
… This bulletin is superseded by Payroll Bulletin No. 2159.1 . Purpose: The purpose of this … personal use of an employer-provided vehicle and chauffeur services in the New York State Payroll System (PayServ) for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2159-procedures-reporting-taxable-value-personal-use-employer-providedDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… The percentage of school districts initially planning to override New York’s … P. DiNapoli. As of March 2nd, 6 percent, or 36, of the 601 school districts that reported, indicated that they will seek … to override the tax cap. Property tax levy growth for school districts is capped at 0.12 percent above current …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capPension Fund Makes Progress on Board Diversity
… to a shareholder proposal filed by the Fund. As a result of the agreement, the Fund has withdrawn the proposal. … including independence, integrity, diversity (inclusive of age, gender, race, ethnicity, sexual orientation and … identity), skills, financial and other expertise, breadth of experience, knowledge about the Company's business or …
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
… state budget, which is expected to provide funding to help balance the MTA’s budget through 2026 — and federal approval … used a debt structuring approach called “backloading” to balance its short-term budgets, pushing higher costs to …
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
… addressed: Failure to identify the full value of public property . Public-private partnerships may underestimate the …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedDiNapoli Releases Analysis of State Financial Plan
… two years of extraordinary volatility in state finances, the State Fiscal Year (SFY) 2022-23 Enacted Budget Financial … stability for the next five years and includes plans to bolster rainy day reserves significantly, according to a … build reserves that should not be lost,” DiNapoli said. “While the state Financial Plan expects revenue growth to …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planXIV.5 Employee Award Programs – XIV. Special Procedures
… be reported as income to the recipient. In accordance with NYS law, awards which do not meet the tangible personal …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… a surplus of $3.7 billion in fiscal year (FY) 2022 due to federal aid, better-than-projected tax revenues, and … in the next few years and should help buffer the city from economic and fiscal uncertainty in the near future,” … its prepayments of FY 2023 spending, enhance its rainy-day fund or retiree health benefits trust, or reduce future …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplus