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DiNapoli: School District Revenue Growth Slows
… stress initiative which is focusing greater attention on the issues that contribute to the financial pressures on local governments and school districts across the state. …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsDiNapoli: State Contractor Failed to Pay Prevailing Wages
… A state Office of Mental Health (OMH) contractor hired to provide janitorial … contractor unconscionably cheated disabled employees out of thousands of dollars. OMH needs to take immediate action … February 14, 2014 and he faxed the time sheets to the COO. However, paystubs and payroll vendor records show this …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-state-contractor-failed-pay-prevailing-wagesNYC Budget Is Balanced but Risks Are Growing
… The New York City Mayor’s preliminary executive budget for FY 2020 is balanced, but there are risks, including proposed drops in … budget cuts and slower economic growth, according to a report released today by New York State Comptroller Thomas …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… New York State Comptroller Thomas P. DiNapoli today announced … treasurer of the Morley Volunteer Fire Co., Cindi Perkins, was yesterday ordered to pay $50,000 in restitution and … 2023. “Ms. Perkins diverted money meant to protect her community to line her own pockets,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… and on-time transit system.” The state’s increase in the payroll mobility tax will provide the MTA with $1.1 billion …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsFormer Head of Niagara Falls Housing Authority Pleads Guilty to Stealing Government Funds; Son and Daughter-in-Law Also Convicted
… W. Cowart, 58, of Grand Island, NY, pleaded guilty to theft concerning programs receiving federal funds before U.S. District Judge Richard J. Arcara. The charge carries a maximum penalty of 10 years in prison …
https://www.osc.ny.gov/press/releases/2017/12/former-head-niagara-falls-housing-authority-pleads-guilty-stealing-government-funds-son-and-daughterDiNapoli: LIRR On-Time Performance Falls Short
… the first quarter of 2017. Recent derailments at Penn Station have brought attention to the role played by Amtrak, … an unauthorized person on the tracks, equipment failure, police investigations, and issues arising from Amtrak, which … Yorkers. Read the report , or go to: http://www.osc.state.ny.us/osdc/rpt1-2018-lirr-performance.pdf For access to state …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-lirr-time-performance-falls-shortDiNapoli Releases Analysis of State Financial Plan
… fiscal footing. Making deposits to the rainy-day reserves on or ahead of schedule may help prevent disruptions in … on high-income taxpayers; these taxpayers typically have income from more volatile sources, such as capital … level of reserves would have a significant stabilizing effect on the state’s long-term finances, and would reduce …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planXIV.5 Employee Award Programs – XIV. Special Procedures
… The cost of the awards are allowable; however, income of $100 must be reported for the employee on the PayServ system … from qualified award programs exceeds the $1,600 limit by $100. Guide to Financial Operations REV. 10/27/2015 … The …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsDiNapoli: New York City's Budget Outlook Improves
… cost savings benefited New York City’s budget outlook for Fiscal Year (FY) 2025, but funding for education and social services remain … The January Financial Plan identified increased revenue from business, personal income, and property taxes. Tax …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… In a turnaround from the fiscal crisis it faced a year ago, the Metropolitan Transportation Authority (MTA) today stands on firmer financial ground, largely because …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli: Housing Cost Burdens for New Yorkers Among Nation's Highest
Almost three million New York households are dealing with housing costs that consume more than 30 of their household income with 1 in 5 households experiencing a severe cost burden of more than 50 of their income going to pay for housing according to a report
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-housing-cost-burdens-new-yorkers-among-nations-highestDiNapoli: NYC Financial Plan Improved From June
… to rise to $109.4 billion (adjusted from $104 billion after surplus transfers), reflecting continued improvement in … delivery amid changing staffing trends, and building up reserves should enable the city to better insulate itself … due to unanticipated federal grant funds. The plan also does not yet include more than $1.4 billion in already …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-juneComptroller DiNapoli: Schools Must Do More to Limit Access to Sensitive Student Databases
… York school districts had inappropriate computer access to sensitive student data and were able to change student grades and attendance records without … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-schools-must-do-more-limit-access-sensitive-student-databasesPension Fund Makes Progress on Board Diversity
… Retirement Fund (Fund) has reached agreement with GoPro Inc. to formally include sexual orientation and gender … As of Feb. 28, the Fund held 104,500 shares of GoPro Inc. worth $982,300. The Fund currently has similar proposals …
https://www.osc.ny.gov/press/releases/2017/03/pension-fund-makes-progress-board-diversityDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… plans to override the tax cap. Property tax levy growth for school districts is capped at 0.12 percent above current levels for the 2016-17 fiscal year. “School districts are feeling … see additional districts deciding to seek voter approval for an override.” The tax cap, which first applied to local …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capXI.2.K Authorized Signatures – XI. Procurement and Contract Management
… services, maintenance and operation, for submission to the comptroller for audit, shall be made by the head of … to verify authorized signatures on contracts, amendments, change orders, purchase authorizations, and vendor … signatures on file with OSC’s BOC are accurate and up-to-date, and that the correct forms are used. Incorrect, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2k-authorized-signaturesXII.3 Record Retention – Accounts Payable Vouchers and Land Claims – XII. Expenditures
… Salary and Fringe rates must be substantiated.) Certified payroll registers Time cards Overtime authorization and/or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii3-record-retention-accounts-payable-vouchers-and-land-claimsDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… recent changes in state and local law enabling the use of these funds, called on the city to define how these … pandemic and changes to state and local laws on the use of reserves necessitates the need for clear policies for how … will bring the total reserve to $1 billion. Until the change in state law, the city effectively maintained a …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundLinkNYC Program Revenues and Monitoring
… Wi-Fi hotspots, and mobile telecom equipment installed on NYC streets. DoITT’s Division of Franchise Administration is … been installed in only 86 (46 percent) of the total 185 NYC ZIP codes; 99 ZIP codes are currently devoid of Links, …
https://www.osc.ny.gov/state-agencies/audits/2021/07/30/linknyc-program-revenues-and-monitoring