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DiNapoli: Public Authority Debt Ballooned to $329 Billion
… data entry and collection system. They use PARIS to comply with various statutory and regulatory requirements. The …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-public-authority-debt-ballooned-329-billionIX.8.D Electronic Refund Payments to the U.S. HHS – IX. Federal Grants
… procedures that follow pertain to the refund or return of federal funds to the US HHS due to: Excessive cash balances … (Expenditure Adjustment Journal transactions crediting federal funds); Any other accounting adjustment that results in an increase in federal fund cash that will not be immediately disbursed for …
https://www.osc.ny.gov/state-agencies/chapter-ix/ix8d-electronic-refund-payments-us-hhsI.3 Guide to Financial Operations Account Codes Procedure – I. OSC Guide to Financial Operations Overview
… all times. If agencies require updates to the SFS-related account codes, agencies must notify OSC. OSC will work with … are made. More information on the relationship between the account codes and statewide procedures can be found in …
https://www.osc.ny.gov/state-agencies/gfo/chapter-i/i3-guide-financial-operations-account-codes-procedureI.2 Organization of the Guide to Financial Operations – I. OSC Guide to Financial Operations Overview
… The New York State Guide to Financial Operations is organized … sections and subsections generally structured using the following approach: Overview: Introduction to the content contained within the chapter. Policies: Necessary … The New York State Guide to Financial Operations is organized …
https://www.osc.ny.gov/state-agencies/gfo/chapter-i/i2-organization-guide-financial-operationsDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… of the unrestricted general fund reserves, including each account (e.g., an emergency and contingency reserve account, and a stabilization account to accumulate excess resources during periods of …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundDiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… March 31, 2022 (State Fiscal Year 2022). In 2020 (the most recent county-level data), the securities industry was …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsDiNapoli: Gaming Commission Slow to Collect Casino Fees
… The state Gaming Commission has made only limited progress fixing … had not collected $13 million owed by casinos. “The Gaming Commission must do a better job staying on top of New York’s ever-expanding gaming footprint. The commission should collect all oversight …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-gaming-commission-slow-collect-casino-feesDiNapoli: Molson Coors Agrees to Disclose Political Spending
… an agreement with the Molson Coors Beverage Co., one of the world’s largest brewers, to comprehensively disclose … New York State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. In response to the agreement, … long, investors have been left in the dark on the extent of the reach of corporate dollars in politics,” DiNapoli …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-molson-coors-agrees-disclose-political-spendingXVI.4 Accounting Policies and Principles Applicable to Agencies – XVI. Financial Reporting
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4-accounting-policies-and-principles-applicable-agenciesDiNapoli: State Tax Collections Continue to Exceed Projections
… billion from April through June, the first three months of the 2021-22 State Fiscal Year, according to the monthly … “The state is rebounding from the economic impacts of the COVID-19 pandemic,” DiNapoli said. “Strong tax collections, coupled with an unprecedented infusion of federal aid, give the state an opportunity to improve its …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsDiNapoli: Billions Needed for Repairs to Local Bridges
… for repairs is growing as Washington considers changes to infrastructure aid. "Local communities are facing a big price … bridges that remain open are considered safe to drive on, but either have load-bearing elements in poor condition … of traffic carried. Those structures may have inadequate lane or shoulder widths, low clearances or low load-carrying …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-billions-needed-repairs-local-bridgesMedicaid Payments to Medicare Advantage Plan Providers (Follow-Up)
… recipients are also enrolled in Medicare, the federal health insurance program for people age 65 and older and … companies administer Medicare benefits and offer different health care plans (Medicare Advantage plans) tailored to the specific …
https://www.osc.ny.gov/state-agencies/audits/2019/10/15/medicaid-payments-medicare-advantage-plan-providers-followManaged Care Organizations – Payments to Ineligible Providers (Follow-Up)
… to determine whether the Department of Health (Department) and MCOs had adequate processes in place to prevent payments to ineligible providers, and whether improper payments were made to ineligible … claims that lacked this information, assess those claims, and ensure recoveries are made; and improve monitoring …
https://www.osc.ny.gov/state-agencies/audits/2019/09/06/managed-care-organizations-payments-ineligible-providers-followDiNapoli: MTA Budget Continues to Face Serious Risks
… The Metropolitan Transportation Authority is expected to devote one-fifth of total revenue to debt service by 2023 as it relies increasingly on borrowing to … debt service on these bonds. Full Report The Metropolitan Transportation Authority’s Rising Debt Burden Find out how …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-mta-budget-continues-face-serious-risksComptroller Authority to Audit Local Development Corporations (LDCs)
… A.7476 (Magnarelli) / S.5445 (Skoufis) – Relates to audits by the State Comptroller of certain organizations controlled by municipal corporations and certain other government … Relates to audits by the State Comptroller of certain organizations controlled by municipal corporations and certain other government …
https://www.osc.ny.gov/legislation/comptroller-authority-audit-local-development-corporations-ldcs-0Comptroller Authority to Audit Local Development Corporations (LDCs)
… Comptroller DiNapoli's Legislative Program Legislative Session 2017-2018: A.3047 (Magnarelli) / S.4827 …
https://www.osc.ny.gov/legislation/comptroller-authority-audit-local-development-corporations-ldcsFederal Impact: Travel and Tourism to New York – Federal Funding and New York
… in International Arrivals to the U.S., by Month, 2024 vs. 2025 (in thousands) Note: Excludes arrivals from Canada …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/federal-impact-travel-and-tourism-new-yorkDiNapoli: Mobile Sports Betting Adds to State Revenue, But Calls to Problem Gambling Hotline Rise as Gaming Expansion Continues
… legalization of mobile sports betting, the New York State Gaming Commission noted a 26% increase in problem … Services and Supports (OASAS) from 2021 to 2022. “Gaming has significantly expanded in the state in the last … mobile sports betting, particularly on young New Yorkers.” Gaming Revenues From SFY 2011-12 to 2022-23, state revenues …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mobile-sports-betting-adds-state-revenue-calls-problem-gambling-hotline-rise-gamingHousing Trust Fund Corporation – Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Follow-Up)
… Objective To assess the extent of implementation of the six recommendations included in our initial audit report, Housing Trust Fund Corporation: … Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Report … To assess the extent of implementation of the six …
https://www.osc.ny.gov/state-agencies/audits/2023/02/13/housing-trust-fund-corporation-oversight-residential-emergency-services-offer-home-repairsHousing Trust Fund Corporation – Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Follow-Up) (2022-F-18) 30-Day Response
To assess the extent of implementation of the six recommendations included in our initial audit report, Housing Trust Fund Corporation: Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Report 2020-S-4).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-22f18-response.pdf