Search
DiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest
… costs that consume more than 30% of their household income, with 1 in 5 households experiencing a severe cost burden of more than 50% of their income going to pay for housing, according to a report by … of housing insecurity are wide-ranging and while low-income renters are the most cost-burdened, these financial …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestDiNapoli: NYC Financial Plan Improved From June
… service delivery amid changing staffing trends, and building up reserves should enable the city to better … revenue of $2.5 billion since June due to unanticipated federal grant funds. The plan also does not yet include more … $1 billion in not yet approved revenue from the federal government for expenses related to the recent influx of …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-juneComptroller DiNapoli: Schools Must Do More to Limit Access to Sensitive Student Databases
… York school districts had inappropriate computer access to sensitive student data and were able to change student grades and attendance records without … York school districts had inappropriate computer access to sensitive student data and were able to change student …
https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-schools-must-do-more-limit-access-sensitive-student-databasesPension Fund Makes Progress on Board Diversity
… Retirement Fund (Fund) has reached agreement with GoPro Inc. to formally include sexual orientation and gender … As of Feb. 28, the Fund held 104,500 shares of GoPro Inc. worth $982,300. The Fund currently has similar proposals … to increase board diversity pending at Dentsply Sirona Inc. and FleetCor Technologies Inc. and has filed similar …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversityDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… indicated plans to override the tax cap. Property tax levy growth for school districts is capped at 0.12 percent above … districts) will have about $308 million less in levy growth compared to what they had in 2015-16 when the allowable growth factor was 1.62 percent. For access to state and local …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capXI.2.K Authorized Signatures – XI. Procurement and Contract Management
… to the comptroller for audit, shall be made by the head of the department, or by such authority or authorities … in the department as shall be designated by the head of the department by a rule or written directive filed … for the agency’s contractors. The department head of an administrative agency is the Commissioner; for a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2k-authorized-signaturesXII.3 Record Retention – Accounts Payable Vouchers and Land Claims – XII. Expenditures
… section is to provide guidance to agencies about record retention requirements to ensure documentation supporting … payments, and (iii) comply with relevant records retention requirements. For more information regarding the … section is to provide guidance to agencies about record retention requirements to ensure documentation supporting …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii3-record-retention-accounts-payable-vouchers-and-land-claimsDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… the city’s reserve policies are not as robust as other large U.S. cities, and with recent changes in state and local … to about 8% of expenditures. The review found that other large cities typically: Publish a statement of the reserve …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundLinkNYC Program Revenues and Monitoring
… whether New York City received all the revenues specified in the contract terms and whether the Department of … Yorkers, and ensuring adequate compensation to the City. In December 2014, the City, through DoITT, entered into a … the City and were projected to generate over $500 million in revenue over the program’s first 12 years. The Agreement …
https://www.osc.ny.gov/state-agencies/audits/2021/07/30/linknyc-program-revenues-and-monitoringDiNapoli Releases Upper Manhattan Economic Snapshot
… as State Comptroller DiNapoli’s report highlights, so many young people are making Northern Manhattan their home … States. While immigrants have come from more than 55 countries, two thirds of the immigrants in this area are from … those providing health care and business services. Healthcare, the area’s largest employment sector, accounts …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-upper-manhattan-economic-snapshotDiNapoli Releases State Cash Report
… for April and May were $1.3 billion higher than the same period last year, an increase of 12 percent. This increase …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportCompliance With Executive Order 95 (Open Data)
… of the order have not been fully addressed. DEC was not in compliance with EO 95’s requirements regarding the …
https://www.osc.ny.gov/state-agencies/audits/2021/05/27/compliance-executive-order-95-open-dataOrdinary Death Benefit
… the New York State Teachers' Retirement System (TRS) is in service to the full retirement age. Memo Bill Text Status … and the New York State Teachers Retirement System TRS is in service to the full retirement age …
https://www.osc.ny.gov/legislation/ordinary-death-benefitNYS Comptroller DiNapoli: SEC Upholds Shareholders' Right to Seek Racial Equity Audit
… New York State Comptroller Thomas P. DiNapoli made the following statement today in response to the U.S. Securities and Exchange Commission Staff's … it was unable to agree with Amazon Inc.’s request to keep the New York State Common Retirement Fund’s shareholder …
https://www.osc.ny.gov/press/releases/2021/04/nys-comptroller-dinapoli-sec-upholds-shareholders-right-seek-racial-equity-auditDiNapoli: Lack of Oversight Delayed Access to Emergency Home Repairs for Elderly New Yorkers
… (HCR) lax oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly (RESTORE) program contributed to … HCR lax oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly RESTORE program contributed to …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-lack-oversight-delayed-access-emergency-home-repairs-elderly-new-yorkersV.3.C Funds and Fund Accounting – V. Chart of Accounts (COA) Governance
… for recording cash and other financial resources, which are segregated for the purpose of carrying on specific … have been assigned to Funds to establish which Funds are classified as STIP eligible, what Business Unit is the … after logging in with your SFS user ID and password. There are two Statewide Fund Reporting Trees on the SFS Program …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3c-funds-and-fund-accountingOversight of New York State Forest Tax Programs
To determine if the Department of Environmental Conservation is adequately monitoring the 480480a private forest programs to ensure forest land is appropriately enrolled and landowners are adhering to requirements to assist in the protection of the environmental benefits of the States forest
https://www.osc.ny.gov/state-agencies/audits/2022/04/20/oversight-new-york-state-forest-tax-programsDiNapoli: Public Must Be Alerted to Sewer Overflow Problems
… to DEC and the local health department within two hours of discovery and to notify the public and nearby municipalities within four hours of discovery. Exposure to untreated sewage can cause serious …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-public-must-be-alerted-sewer-overflow-problemsDiNapoli: Orange County Resident Arrested for Stealing Her Late Mother’s Pension Benefits
… Thomas P. DiNapoli, Orange County District Attorney David M. Hoovler, and the New York State Police today … protecting public funds,” Orange County District Attorney David Hoovler said. Betty James died on April 11, 2017, but … Comptroller DiNapoli Orange County District Attorney David M Hoovler and New York State Police announced that …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-orange-county-resident-arrested-stealing-her-late-mothers-pension-benefitsDiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
… bolster reserve funds beyond planned levels to help us to weather the next crisis or recession.” Financial Plan … only $825 million in total deposits to the rainy day fund reserves are planned in SFY 2021-22, bringing total … is statutorily authorized. If collections remain above forecast and are not needed to cover unanticipated expenses, …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reserves