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State Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: NYC Needs to Develop Comprehensive Plan to Manage Pandemic-Battered Finances
… and financial outlook, should develop a comprehensive plan to lay out its options before resorting to long-term borrowing to fund operations, according to a report released today by … and financial outlook should develop a comprehensive plan to lay out its options before resorting to longterm borrowing …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-nyc-needs-develop-comprehensive-plan-manage-pandemic-battered-financesDiNapoli: The Mayor's Proposed Budget Takes Large Steps In Addressing Outstanding Labor Contracts
… jobs (compared to the same period one year earlier). In early May, the city announced that it had reached a nine-year … agreement with the United Federation of Teachers, which represents 37 percent of the city’s workforce. The city, … between the city and the Municipal Labor Committee, which represents the city’s unions. The city has agreed to report …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-mayors-proposed-budget-takes-large-steps-addressing-outstanding-labor-contractsCity of Amsterdam – Budget Review (B20-5-8)
… the City’s general, transportation, sewer and recreation funds accumulated as of June 30, 2018. On June 25, 2020, the … purpose, which consisted of $5,091,424 for the general fund, $1,321,091 for the transportation fund, $512,675 for the sewer fund and $763,844 for the …
https://www.osc.ny.gov/local-government/audits/city/2020/09/25/city-amsterdam-budget-review-b20-5-8Review of the Financial Plan of the City of New York - March 2012
In June 2011, New York City projected a balanced budget for FY 2012 but a large budget gap of $4.6 billion in FY 2013, and even larger gaps in subsequent years.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-16-2012.pdfDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… FY 2027 (18% of city-fund revenues), even when adjusting for stronger revenue collections. “The city’s steps to close … services such as mental health programming, enhanced rental- and food-related income supports and access to legal counsel, if it intends on continuing those services. …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadSelected Aspects of Central Office Disbursements From the Tuition and Fees Refund Bank Account
… tuition and fees (e.g., due to out-of-pocket payments; withdrawal from classes; or tuition covered by other sources, … as out-of-state or out-of-country addresses and/or lengthy time lapses from the date the refund was identified to the …
https://www.osc.ny.gov/state-agencies/audits/2018/10/19/selected-aspects-central-office-disbursements-tuition-and-fees-refund-bank-accountDiNapoli: State Tax Receipts Exceed Initial Projections By $7.2 Billion Through First Six Months
… than forecast by the Division of the Budget (DOB) in the First Quarter Update to the Financial Plan, released last … collections exceeded May estimates by $4.8 billion and the First Quarter Update forecast by $583.2 million. … and nearly $1.5 billion lower than forecast in the First Quarter Update, primarily due to lower than anticipated …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-state-tax-receipts-exceed-initial-projections-72-billion-through-first-six-monthsIII.3 Scope of the SFS – III. Statewide Financial System (SFS)
… The scope of the Statewide Financial System (SFS) includes the last three … The scope of the Statewide Financial System includes the last three phases of the New York State Financial Cycle …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii3-scope-sfsCity of Yonkers – Budget Review (B18-6-7)
… budget, the City will have exhausted 92.3 percent of its taxing authority and the City’s ability to increase property …
https://www.osc.ny.gov/local-government/audits/city/2018/07/30/city-yonkers-budget-review-b18-6-7State Comptroller DiNapoli Releases Audits
… Claims Processing Activity April 1, 2018 through Sept. 30, 2018 (2018-S-13) Auditors identified over $134 million in … City Transit: Maintenance and Inspection of Event Recorder Units (2018-S-19) Auditors found train car inspections were … Manual (2018-S-47) For the three fiscal years ended June 30, 2016, auditors identified $232,606 in reported costs that …
https://www.osc.ny.gov/press/releases/2019/09/state-comptroller-dinapoli-releases-auditsMedicaid Program – Improper Payments to a Physical Therapist
… whether Mark Amir, a physical therapist participating in New York’s Medicaid program, billed Medicaid in accordance with its policies and guidelines and whether … who owns and operates Madison Physical Therapy located in Brooklyn, New York. Mr. Amir’s patients are primarily …
https://www.osc.ny.gov/state-agencies/audits/2014/12/15/medicaid-program-improper-payments-physical-therapistThe Tourism Industry in New York City
… Reigniting the Return April 2021 PDF Version Highlights In 2020, the 10-year period of record growth in tourism came to an end, and the number of visitors to New York City fell by 67 percent to … In 2020 the 10year period of record growth in tourism came to an end …
https://www.osc.ny.gov/reports/osdc/tourism-industry-new-york-cityDiNapoli Releases July State Cash Report
… $88.2 million in July from a year earlier, helping lift the state’s total tax collections slightly above updated projections this month, according to the state cash report issued today by State Comptroller … $831.1 million lower than initial projections. The year to year increase was primarily due to federal receipts (up …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-releases-july-state-cash-reportDiNapoli: NYC Budget Benefiting From Strong Economy
… based on current revenue trends. Personal income and real estate tax collections have been strong so far this year, … rates and a stronger dollar could affect tourism and the real estate markets in New York City. To protect itself in …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economyDiNapoli Releases November State Cash Report
… $23.3 million higher than the latest projections included in the mid-year update to the Financial Plan. The state also received $273 million in new monetary settlements in November. "The state’s tax … website called Open Book New York ( www.openbooknewyork.com ). …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-releases-november-state-cash-reportTechnology Transfer Program and Royalty Payments (Follow-Up)
… Objective To determine the extent of implementation of the two recommendations included in our initial audit … Payments (Report 2019-S-10 ). About the Program As part of its duties, the Research Foundation for the State … To determine the extent of implementation of the two recommendations included in our …
https://www.osc.ny.gov/state-agencies/audits/2021/02/08/technology-transfer-program-and-royalty-payments-followDiNapoli Releases Review of First Quarter State Revenue Collections
… Total state tax collections through the first quarter of the state’s fiscal year 2014-15 were $1.3 billion higher than Division of the Budget (DOB) projections, largely reflecting growth in … cash position,”DiNapoli said. “The state’s sizable influx of one-time revenue from legal settlements also has …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-releases-review-first-quarter-state-revenue-collectionsDiNapoli: Tax Breaks From IDAs Continue to Climb
… an increase of 10 percent from the prior year, according to a report issued today by New York State Comptroller Thomas … and job creation, but it can be difficult for taxpayers to follow the costs and benefits of these activities," … more disclosure, taxpayers will have even more information to evaluate the cost and impact of economic development …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-tax-breaks-idas-continue-climbComptroller DiNapoli Releases School Audits
… to audit district claims, and a BOCES employee audited all district claims including those for BOCES-provided … and account for fixed assets. Auditors also found not all assets (such as computers, machinery and tools) were …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-audits