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DiNapoli: $2.9 Billion Hole Threatens MTA’s Capital Program
… debt levels found the MTA does not have the resources to fully fund its $54.8 billion 2020-2024 capital program, which is vital to improving riders’ experience and bringing them back to the transit system. The report finds that delays to … debt levels found the MTA does not have the resources to fully fund its $548 billion 20202024 capital program which …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-29-billion-hole-threatens-mtas-capital-programEstimated Invoice
… Overview Your estimated invoice is provided in July for informational purposes and approximates your … we notify you when your estimated invoice is available in Retirement Online . Please do not send payment for your … invoice. You will receive your final annual invoice in November. Payment will be due by February 1, 2026, or you …
https://www.osc.ny.gov/retirement/employers/estimated-invoiceNew York State Comptroller DiNapoli Statement on Governor Signing Legislation to Restore Contract Review Authority
… Reichlin-Melnick and Assemblyman Kenneth Zebrowski. “My office’s independent contract review is an essential and … process. By reviewing contracts before they are awarded, my office protects taxpayers and state agencies by uncovering … playing field for vendors. By signing this legislation Gov. Hochul has taken a tremendous step to bring more …
https://www.osc.ny.gov/press/releases/2022/12/new-york-state-comptroller-dinapoli-statement-governor-signing-legislation-restore-contract-reviewNYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… Securities industry profits rose dramatically in 2017 for the … Stock Exchange member firms (the traditional measure of securities industry profits) soared by 42 percent in 2017 … for three consecutive years, employment in New York City's securities industry dipped slightly in 2017, averaging …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017Southampton Union Free School District – Special Education Claims Processing (2016M-200)
… Key Finding The Board developed an adequate process for processing special education claims but have not formally documented … Recommendation District officials should formalize their special education claims processing procedures in writing, … Southampton Union Free School District Special Education Claims Processing 2016M200 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/08/05/southampton-union-free-school-district-special-education-claimsDiNapoli: Report Warns of Growing State Debt
… in providing important services and programs. My debt reform proposal would help ensure effective capital planning … $58 million in SFY 2020-21. The act added restrictions to provisions in the state constitution that prohibit the state … Jersey within its peer group and more than two times the national median of 2.5 percent; New York's debt per capita of …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-report-warns-growing-state-debtOpinion 89-58
… authorized to provide same improvements or services) PARK DISTRICTS -- Establishment (authority to establish park district within an existing park district) TOWN LAW, §§81, 198, 202, 202-a, 220: A town … 12 or sections 81 or 220 of the Town Law may establish a park district within an existing larger park district and if …
https://www.osc.ny.gov/legal-opinions/opinion-89-58Limitations – Special 20- and 25-Year Plans
… our Final Average Earnings page . Tiers 2, 3 (Article 11) and 5 If the earnings in any 12-month period in your FAE …
https://www.osc.ny.gov/retirement/publications/1517/final-average-earnings/limitationsRoosevelt Fire District – Financial Operations and Information Technology (2013M-112)
… a disaster recovery plan that formalizes the procedures to store data offsite and maintain backup files, and establishes …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/08/09/roosevelt-fire-district-financial-operations-and-information-technologyDiNapoli Op-Ed in Democrat & Chronicle Calls for Swift Action to Address Growing Food Insecurity
… and injustice. The long lines of people waiting for food speak to the inequities many face when it comes to … a well-developed nutrition infrastructure and national programs including SNAP, food support for women, infants and … and The Emergency Food Assistance Program. We have a network of nonprofit food banks that squeeze nutrition from …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-democrat-chronicle-calls-swift-action-address-growing-food-insecurityCattaraugus County Industrial Development Agency – Community Benefit (2014M-344)
… research and recreation facilities. The Agency is governed by a seven-member Board which is appointed by the Cattaraugus County Legislature. According to its …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2015/04/28/cattaraugus-county-industrial-development-agency-communityDiNapoli: New York State Pension Fund and Coca Cola Reach Agreement on Executive Pay
… wages it pays all of its employees when setting executive salaries, aiming to bring them into closer alignment, State … wages it pays all of its employees when setting executive salaries …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-new-york-state-pension-fund-and-coca-cola-reach-agreement-executive-payTown of Bridgewater – Financial Operations (2013M-309)
… Purpose of Audit The purpose of our audit was to review the Town’s financial operations … 1, 2012 through March 31, 2013. Background The Town of Bridgewater is located in Oneida County and has a … Town of Bridgewater Financial Operations 2013M309 …
https://www.osc.ny.gov/local-government/audits/town/2013/12/20/town-bridgewater-financial-operations-2013m-309Empire BlueCross BlueShield – Controls Over Payments for Special Items
… range of services including, but not limited to, hospital services, office visits, home care, medical … rate schedules for the payment of inpatient and outpatient hospital services. Empire’s hospital contracts also allow certain special items, such as …
https://www.osc.ny.gov/state-agencies/audits/2017/06/22/empire-bluecross-blueshield-controls-over-payments-special-itemsCity of Newburgh -- Budget Review (B18-6-12)
… to liquidate the accumulated deficit in the general fund as of December 31, 2010. During the time that Chapter … prior to adoption of the budget. The City underestimated pension costs by $576,193. The proposed budget did not … Based on our projections, the amounts budgeted for police and firefighting overtime is likely underestimated by …
https://www.osc.ny.gov/local-government/audits/city/2018/11/16/city-newburgh-budget-review-b18-6-12City of Newburgh – Budget Review (B6-13-21)
… of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure … Local Finance Law requires all local governments that have been authorized to issue obligations to fund operating … revenues from the sale of tax acquired property. We have not been provided documentation to verify the assessed values …
https://www.osc.ny.gov/local-government/audits/city/2013/11/20/city-newburgh-budget-review-b6-13-21City of Lockport -- Budget Review (B7-1-14)
… police overtime appropriations are reasonable. Sewer rent rates may need to be increased or appropriations …
https://www.osc.ny.gov/local-government/audits/city/2017/11/01/city-lockport-budget-review-b7-1-14Total Spending – 2023 Financial Condition Report
… on public health and education represents 70.1 percent of total State spending. …
https://www.osc.ny.gov/reports/finance/2023-fcr/total-spendingOpinion 92-57
… opinion. SEWER RENTS -- Interest and Penalties (by State to village) STATE COMPTROLLER -- Approval By (for contracts … village) VILLAGES -- Powers and Duties (need for contract to provide water and sewer services to State) WATER RENTS -- Interest and Penalties (by State to …
https://www.osc.ny.gov/legal-opinions/opinion-92-57Comptroller DiNapoli Releases Municipal Audits
… DiNapoli. “By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that … that the board had audited the claims. Board minutes do not include sufficient information such as abstract …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-releases-municipal-audits-1