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DiNapoli: Audits Recommend Fixes to Affordable Housing Programs
… Years of declining incomes and rising housing costs have created an urgent need for affordable housing in New … a year or more to learn if their landlord is gouging them on rent or get needed services restored. ORA needs to do a better job in processing complaints and fulfill its …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-audits-recommend-fixes-affordable-housing-programsDiNapoli: Foreclosure Filings Fall Nearly 50 Percent Statewide Since 2013
… must continue to support the programs and reforms that have helped homeowners avoid foreclosure and communities … caused by zombie properties.” DiNapoli last reported on mortgage foreclosures in 2016 when New York state was … State Unified Court System (UCS). Most areas of the state have experienced substantial improvement over the past four …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-foreclosure-filings-fall-nearly-50-percent-statewide-2013State Comptroller DiNapoli Releases School District Audits
… County and Wyoming County) Auditors determined that while the board and district officials used $3.1 million in … of $500,000 of fund balance was appropriated each year, but was not used to finance operations. In addition, when unused appropriated …
https://www.osc.ny.gov/press/releases/2020/09/state-comptroller-dinapoli-releases-school-district-audits-0DiNapoli: Wall St. Profits on Pace to Beat 2017
… Securities industry pretax profits totaled $13.7 billion in the first half of 2018, 11 percent higher than last year, according to a report released today by New York State Comptroller … https://www.osc.state.ny.us/osdc/rpt6-2019.pdf Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-wall-st-profits-pace-beat-2017NYS Comptroller DiNapoli Continues to Hold Corporate America Accountable for Poor Climate Policies
… Retirement Fund’s latest successful shareholder efforts to have corporations improve their environmental policies and … a thoughtful long-term approach to mitigating its impact on our investments.” For the most recent season of … Work on Climate Change Comptroller DiNapoli and the Fund have been recognized as global leaders in addressing climate …
https://www.osc.ny.gov/press/releases/2019/09/nys-comptroller-dinapoli-continues-hold-corporate-america-accountable-poor-climate-policiesDiNapoli: Audit Finds NYC Needs to Improve Income Verification and Enforcement at Mitchell-Lama Housing
… buildings, unfortunately, that isn’t the case. HPD needs do a better job of ensuring that apartments are occupied by … allowable income by 50 percent. HPD officials said they have not enforced this requirement and instead are pursuing … 35 Inaccurate Income Data The income that residents list on their affidavits is electronically entered by an outside …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-audit-finds-nyc-needs-improve-income-verification-and-enforcement-mitchell-lama-housingDiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
… helped this fall and winter when they complain that they have no heat or hot water.” City code requires landlords to … The agency took three days or more to follow up on 49 percent of the complaints it got in FY 2018, with an … forced to wait for HPD to even confirm they didn’t have heat or hot water. Auditors determined part of the …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-system-glitch-left-too-many-nyc-heat-hot-water-complaints-ignoredPipeline Safety Oversight
… of pipeline safety in accordance with State regulations and federal performance standards. Our audit scope covered … its authority to states and provides partial reimbursement for the costs they incur. In New York, the PSC operates a federally certified safety program for intrastate and interstate pipelines. Inspections are …
https://www.osc.ny.gov/state-agencies/audits/2016/03/08/pipeline-safety-oversightUtilization of the Arch Street Yard and Shop Facility
… Authority (MTA) – Long Island Rail Road (LIRR) Arch Street Yard and Shop Facility (Facility) was constructed … part of the MTA’s mammoth ESA project, it constructed the new Facility in Long Island City, adjacent to the No. 7 line … a written cost-benefit analysis to determine what the best use is for the Facility and the equipment until ESA is …
https://www.osc.ny.gov/state-agencies/audits/2017/12/08/utilization-arch-street-yard-and-shop-facilityNYC Surplus Projected to Reach $550 Million in FY 2020
… a new citywide savings program, the out-year gaps have grown slightly, to nearly $3 billion in FY 2022 and $3.2 … that job growth would slow in 2019, the city’s economy was on pace, as of October, to add 87,900 jobs in 2019, similar … will slow during the financial plan period, but they do not anticipate a recession. Although the likelihood of a …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020DiNapoli: MTA Budget Gaps Driven By Fare Revenue Drop
… 19% on top of these proposed increases to reach the same level of fare revenue as in 2019. DiNapoli also noted fare …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-mta-budget-gaps-driven-fare-revenue-dropNew York State Comptroller Thomas P. DiNapoli Statement on NYC Finances
New York State Comptroller Thomas P DiNapoli issued the following statement today after giving remarks at the New York City Financial Control Board
https://www.osc.ny.gov/press/releases/2022/09/new-york-state-comptroller-thomas-p-dinapoli-statement-nyc-financesOperational Advisory No. 14
… of the Procure to Pay (P2P) Initiative, measures have been taken in the Federal draw billing process to ensure that only vouchers that have reached payment date get billed for Federal draw …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/14-federal-billing-changes-due-implementation-p2pDiNapoli: Technology Changing How Local Governments Serve Residents
… can use smart technology to trim costs, hold the line on taxes, and encourage new growth, but must be vigilant … their service delivery.” “Emerging smart technologies have enormous potential to reshape how local governments deliver services. In Schenectady, we have a rich history of innovation and are proud to partner …
https://www.osc.ny.gov/press/releases/2019/09/dinapoli-technology-changing-how-local-governments-serve-residentsCareer and Technical Education
… high-demand, high-growth occupations; ensuring students have reasonable access to CTE programs; and accurately … and technical skills, workplace competencies, and hands-on training to prepare them for future careers in … with highdemand highgrowth occupations ensuring students have …
https://www.osc.ny.gov/state-agencies/audits/2021/05/20/career-and-technical-educationDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… levels were 0.6% at the end of FY 2021, however additional forms of budgetary cushion increase these levels to about 8% …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundComptroller DiNapoli and A.G. Scheneiderman Announce 2 to 6 Year Prison Sentence for Former Councilman Ruben Wills in Public Corruption Scheme
… eleven-day trial in July that resulted in a guilty verdict on five counts related to Will's theft of approximately … said State Comptroller Thomas P. DiNapoli. "We must have a zero tolerance for public corruption and we will … their own pockets. Instead of spending taxpayer money on projects to help his community, Ruben Wills betrayed the …
https://www.osc.ny.gov/press/releases/2017/08/comptroller-dinapoli-and-ag-scheneiderman-announce-2-6-year-prison-sentence-former-councilman-rubenDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… New York State Comptroller Thomas P. DiNapoli today released an … warned, however, that existing constraints on the Fund’s staffing and compensation could have current and future … of the regulatory framework established by New York State Department of Insurance (now known as the Department of …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingNYS Common Retirement Fund Announces First Quarter Results
… said. "As a long term investor, the fund's performance is best measured by its success over a period of years if not … Retirement Fund The New York State Common Retirement Fund is the third largest public pension fund in the United …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsMedicaid Program – Improper Fee-for-Service Pharmacy Payments for Recipients With Third-Party Health Insurance
… Objective To determine if Medicaid made inappropriate fee-for-service payments to pharmacies on behalf of recipients who had third-party … potentially be rectified, Gainwell’s follow-up action to get payment on those claims was limited. Neither the …
https://www.osc.ny.gov/state-agencies/audits/2023/05/11/medicaid-program-improper-fee-service-pharmacy-payments-recipients-third-party-health