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XVI.3.J Implementation of Accounting Standards – XVI. Financial Reporting
… Basic financial statements for the State of New York are prepared in conformity with generally … what information is required in order to comply. As part of the accounting issues determination process, both … In order to implement early, all entities that are part of the State reporting entity (i.e. enterprise funds and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3j-implementation-accounting-standardsDiNapoli: Perry Ambulance Service Manager Charged With Embezzlement
… investigation by DiNapoli, the Wyoming County Sheriff’s Office and Wyoming County District Attorney Donald G. O’Geen. … of a lengthy investigation by the State Comptroller’s office, officials from the town of Perry, former board … bail and is due back in court on Nov. 5. Since taking office in 2007, DiNapoli has committed to fighting public …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-perry-ambulance-service-manager-charged-embezzlementNational School Lunch, Breakfast Programs – Federal Funding and New York
… $538 million for NSLP and SBP in each of FY 2025 and FY 2026 (see Figure 1), with the City’s Department of Education … of which 92 percent is federally funded. In FY 2025 and FY 2026, both NSLP and SBP make up 94 percent of federal … 1 – Department of Education School Food Services FY 2026 Preliminary Budget (in millions) FY 2025 FY 2026 …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/national-school-lunch-breakfast-programsTransformation of the MTA
… the Transformation Plan (Plan) that resulted in improved service levels for the customer, process efficiencies, and cost reductions. The … consultant was responsible for 25 deliverables such as developing an inventory of IT applications, confirming the …
https://www.osc.ny.gov/state-agencies/audits/2025/08/08/transformation-mtaMedicaid Program – Improper Medicaid Payments Involving Fee-for-Service Claims for Recipients With Multiple Client Identification Numbers
… Services processes Medicaid enrollments for individuals in foster care in New York City, but must use the upstate WMS. … enrollments of recipients concurrently enrolled in FFS foster care under different CINs; $12.7 million in improper … WMS, NYSOH), and limitations in the enrollment process for foster care recipients. The Office of the Medicaid Inspector …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-improper-medicaid-payments-involving-fee-service-claims-recipientsHomeless Outreach Program at the Long Island Rail Road
… Purpose To determine whether the Long Island Rail Road (LIRR) has appropriate oversight and monitoring controls … ) Metropolitan Transportation Authority – Long Island Rail Road: Management of Unexpected Delays and Events During … To determine whether the Long Island Rail Road LIRR has appropriate oversight and monitoring controls …
https://www.osc.ny.gov/state-agencies/audits/2019/01/16/homeless-outreach-program-long-island-rail-roadNYS Common Retirement Fund Announces Second Quarter Results
… mortgages (26.6 percent), private equity (7.9 percent), real estate (6.8 percent), absolute return strategy (3.1 percent) and opportunistic strategy alternatives and real assets (0.6 percent). DiNapoli initiated quarterly …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… mortgages (20.0 percent), private equity (7.9 percent), real estate (6.8 percent), absolute return strategies (3.7 percent) and opportunistic alternatives and real assets (1.1 percent). DiNapoli initiated quarterly …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli Releases Analysis of Enacted State Budget
… The Enacted Budget for State Fiscal Year (SFY) 2025-26 is projected to total $254 billion, a 5.2% increase in … spending will increase. All Funds spending in SFY 2025-26 is projected to total $254 billion, an increase of $12.5 … billion in SFY 2024-25. State Operating Fund spending is expected to grow 9.3%, continuing a recent trend of …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-releases-analysis-enacted-state-budgetNY State Comptroller Announces Appointment of Emerging Managers Director
… Program. He was appointed Interim Director of the Program in February 2023. “Sylvester McClearn has a long and proven track record in the financial industry and as a member of our team,” said … solid returns, while addressing the historical inequities in the finance sector. I am confident he will help expand our …
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorNYS Common Retirement Fund Reports Second Quarter Results
… bonds and mortgages (21.84%), private equity (12.23%), real estate and real assets (8.44%) and credit, absolute return strategies …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsNYS Common Retirement Fund Reports Third Quarter Results
… bonds and mortgages (22.37%), private equity (12.36%), real estate and real assets (8.52%) and credit, absolute return strategies …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Comptroller DiNapoli: One of Largest U.S. Carbon Emitters Commits to Lower GHG Emissions
… Electric Power (AEP), one of the largest carbon emitters in the country, has adopted new, long-term targets for … new steps the company has said it will take is investment in renewable resources and advanced technologies to make its power grid more efficient and decentralized. In its American Electric Power: Strategic Vision For a Clean …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-one-largest-us-carbon-emitters-commits-lower-ghg-emissionsNYS Common Retirement Fund Reports First Quarter Results
… bonds and mortgages (21.96%), private equity (11.21%), real estate and real assets (7.96%) and credit, absolute return strategies …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli Urges Congress to Expand Eligibility for Savings Program for Individuals with Disabilities
… diagnosed with a disability before they turn 26 years old. This can be a major impediment for people with traumatic …
https://www.osc.ny.gov/press/releases/2018/11/dinapoli-urges-congress-expand-eligibility-savings-program-individuals-disabilitiesState Agencies Bulletin No. 2344
… Purpose: The purpose of this bulletin is to provide agency instructions for processing the April 2025 Longevity Payment for Long-Term Seasonal … The purpose of this bulletin is to provide agency instructions for processing the April 2025 Longevity Payment for LongTerm …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2344-april-2025-longevity-payment-long-term-seasonal-employeesSpencerport Central School District – Employee Benefits (2025M-65)
… authorize and accurately calculate separation and unused leave payments? Audit Period July 1, 2023 – May 16, 2025 … incentive or all or a portion of their earned but unused leave time when the employee retires or otherwise leaves … are also eligible for periodic payments of unused leave. These payments are an employment benefit generally …
https://www.osc.ny.gov/local-government/audits/school-district/2025/09/19/spencerport-central-school-district-employee-benefits-2025m-65State Agencies Bulletin No. 2297
… Purpose: The purpose of this bulletin is to provide agencies with instructions for … Section 169 are affected. Background: Pursuant to Part E of Chapter 60 of the Laws of 2015, amended by Part VVV of Chapter 59 of the … The purpose of this bulletin is to provide agencies with instructions for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2297-january-1-2025-salary-increases-executive-law-section-169-commissionersDiNapoli Releases Report on Local Roads
… Local governments across New York State spent $2 billion on road maintenance, repairs and upgrades in local fiscal … P. DiNapoli. Some local communities put road projects on hold during the pandemic, but an influx of federal money … are mostly state and federal highways. The study focuses on areas outside New York City. DiNapoli urged state and …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-releases-report-local-roadsNYS Common Retirement Fund Reports Estimated First Quarter Results
… Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2022-23 was -8.24% for … State Comptroller Thomas P. DiNapoli. The Fund ended the quarter with an estimated value of $246.3 billion. “The first … billion paid out to retirees and beneficiaries during the quarter. Its audited value as of fiscal year end March 31, …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-results