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DiNapoli: Wall St. 2021 Profits near Record Levels
… pretax profits of the broker/dealer operations of New York Stock Exchange (NYSE) member firms. There are now about 125 member firms, …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsDiNapoli: State's Fiscal Outlook Declines
… volatility, and increases in recurring spending, according to a report by State Comptroller Thomas P. DiNapoli. “The … Legislature prudently increased New York’s reserve funds, but that cannot replace fiscal discipline or be relied upon to plug recurring budget gaps. While there is no quick fix, a proactive approach by state …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-states-fiscal-outlook-declinesComptroller DiNapoli Statement on January State Cash Report
… "New York's revenue picture is increasingly challenged. The final January revenue numbers for the state released by … the unpredictable revenue environment we now face, we should take an extremely cautious approach when negotiating next year's budget. As one step, I urge the …
https://www.osc.ny.gov/press/releases/2019/02/comptroller-dinapoli-statement-january-state-cash-reportVillage of Ballston Spa – Audit Follow-Up (2017M-256-F)
… [read complete report - pdf] [read 2018 report] Purpose of Audit The purpose … of August 2019, in implementing our recommendations in the audit report released in October 2018. Background The Village …
https://www.osc.ny.gov/local-government/audits/village/2019/10/25/village-ballston-spa-audit-follow-2017m-256-fManagement of Invasive Species (Follow-Up)
… in our initial audit report, Management of Invasive Species (Report 2019-S-26 ) . About the Program Many species of plants and animals currently found in New York … rather have been introduced by humans. Subsets of these species may cause habitat degradation, loss of native …
https://www.osc.ny.gov/state-agencies/audits/2021/11/19/management-invasive-species-followMedicaid Program – Improper Payments for Services Related to Ordering, Prescribing, Referring, or Attending Providers No Longer Participating in the Medicaid Program
… (OPRA) providers who were no longer participating in the Medicaid program. The audit covered the period from January … December 2019. About the Program The New York State Medicaid program provides a wide range of medical services to … For the State fiscal year ended March 31, 2021, New York’s Medicaid program had approximately 7.3 million recipients and …
https://www.osc.ny.gov/state-agencies/audits/2022/04/19/medicaid-program-improper-payments-services-related-ordering-prescribing-referring-orSelect Financial Management Practices at the Office of Transportation and Parking Operations
… revenue collection process for the Administration Parking Garage (Admin Garage) and Metered Parking IFRs. For example, we found 310 unaccounted-for tickets for the Admin Garage for the ten days in our sample. Key Recommendations …
https://www.osc.ny.gov/state-agencies/audits/2020/09/03/select-financial-management-practices-office-transportation-and-parking-operationsPatient Safety Center Activities and Handling of Revenues (Follow-Up)
… four recommendations included in our initial audit report, Patient Safety Center Activities and Handling of Revenues (Report 2019-S-15 ). About the Program The Patient Health Information and Quality Improvement Act of … by a physician with a history of negligence unknown to the patient. Pursuant to the Act’s amendments to the Public …
https://www.osc.ny.gov/state-agencies/audits/2024/01/03/patient-safety-center-activities-and-handling-revenues-followState Comptroller DiNapoli Releases Municipal Audits
… balance policy that addresses what level of fund balance is needed or how any surplus funds will be used and the timeframe for doing so. In addition, the unrestricted fund balance grew …
https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-municipal-audits-0State Police Bulletin No. SP-190
… Purpose To provide the Division of State Police instructions for processing the new bi-weekly 15 year … Affected Employees Employees of the Division of State Police in the State Police Troopers Unit – BU07 who meet the eligibility criteria … To provide the Division of State Police instructions for processing the new biweekly 15 year …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-190-new-state-police-15-year-seniority-paymentLocal Sales Tax Collections Up 19% in 2021
Local government sales tax collections totaling $196 billion increased by 191 or $31 billion in 2021 compared to last year according to a report released today by New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2022/02/local-sales-tax-collections-19-percent-2021Overtime at State Agencies Reached All-Time High in 2020
… The total cost of overtime in 2020 at state agencies reached an all-time high at more than $850 million, continuing an upward trend over … all others in overtime usage, overtime hours and earnings at Mental Health and OPWDD increased at a slower rate than … The total cost of overtime in 2020 at state agencies reached an alltime high at more than $850 …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020Food Insecurity Persists Post-Pandemic
… Introduction In March 2023, the Office of the State Comptroller reported that the number of New York households facing food insecurity at the height of the pandemic declined due to federal actions. 1 … In March 2023 the Office of the State Comptroller reported that the number of New York …
https://www.osc.ny.gov/reports/food-insecurity-persists-post-pandemicDiNapoli: School District Tax Levy Cap to Remain at Two Percent
… with fiscal years starting July 1, 2019 including the “Big Four” cities of Buffalo, Rochester, Syracuse and Yonkers. The tax cap, … in 2012, limits annual tax levy increases to the lesser of the rate of inflation or 2 percent with certain …
https://www.osc.ny.gov/press/releases/2019/01/dinapoli-school-district-tax-levy-cap-remain-two-percentTown of Worth – Audit Follow-Up (2014M-323-F)
… report released in February 2015. Background The Town of Worth (Town) is located in Jefferson County and is governed …
https://www.osc.ny.gov/local-government/audits/town/2021/02/19/town-worth-audit-follow-2014m-323-fTown of New Castle - Recreation Department Cash Receipts (2020M-19)
… [read complete report - pdf] Audit Objective Determine whether payments … comprehensive cash collections policy to provide guidance for payments received at the Department. The Department did not receipt and remit money in a timely manner. For remittances made in May 2018 and May 2019, the Department …
https://www.osc.ny.gov/local-government/audits/town/2020/03/20/town-new-castle-recreation-department-cash-receipts-2020m-19New York City Budget Balanced But Economic Risks Have Grown
… year (FY) 2019 with a surplus of $4.2 billion, according to a report released today by State Comptroller Thomas P. … reserves in that year. “New York City’s economy continues to expand, but the risk of an economic setback should not be … on the horizon. The city should also step up its efforts to identify savings opportunities to help close projected …
https://www.osc.ny.gov/press/releases/2019/08/new-york-city-budget-balanced-economic-risks-have-grownEfforts to Collect Delinquent Taxes (Follow-Up)
… Finance’s (Department) mission is to efficiently collect tax revenues in support of State services and programs while … a collection case. Collection actions may include filing a warrant, serving a levy (a legal seizure of property), and … of the five collection steps we tested: using applicable search tools to identify taxpayer resources that might be …
https://www.osc.ny.gov/state-agencies/audits/2023/03/01/efforts-collect-delinquent-taxes-followImplementation of Selected Aspects of the Climate Mobilization Act
… the criteria outlined in the law to annually measure their energy consumption through a process called benchmarking. The … related to the CMA. The stated goal of the outreach and assistance program is to accelerate the adoption of energy … had an initiative to contact private building owners by phone to advise them on how to meet the emission reduction …
https://www.osc.ny.gov/state-agencies/audits/2026/04/21/implementation-selected-aspects-climate-mobilization-actLocal Government – 2022 Financial Condition Report
… Major Local Revenue Sources Remained Fairly Stable Real property … tax revenues were mostly unaffected by COVID-19 in local fiscal years ending (LFY) in 2020. As the single largest source of revenue for local governments, real property taxes accounted for $37 …
https://www.osc.ny.gov/reports/finance/2022-fcr/local-government