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DiNapoli: MTA Capital Funding Gap May Exceed $12 Billion
… The Metropolitan Transportation Authority (MTA) has made significant progress in repairing and modernizing the regional transit system, but a great deal of work remains … The Metropolitan Transportation Authority has made significant progress in repairing and modernizing the regional transit system but …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-mta-capital-funding-gap-may-exceed-12-billionDiNapoli: Oil Spill Fund Reaches New Agreements With St. Lawrence County
… Thomas P. DiNapoli today announced an agreement between the New York Environmental Protection and Spill Compensation … (Oil Spill Fund) and St. Lawrence County that will lead to the clean-up and redevelopment of contaminated commercial property in the villages of DeKalb and Massena. The seven properties …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-oil-spill-fund-reaches-new-agreements-st-lawrence-countyDiNapoli: Coney Island and Brighton Beach Jobs Doubled Over Last Decade
… (49.3%) and more than five times higher than the growth citywide (18.7%). The vast majority of the area’s new jobs … — a rate similar to all of Brooklyn and higher than citywide. Average wages grew at a slower pace, rising just … Beach residents. Housing Costs Like in many neighborhoods citywide, Coney Island and Brighton Beach residents struggle …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-coney-island-and-brighton-beach-jobs-doubled-over-last-decadeDiNapoli: Improved Planning Needed for New York To Achieve Its Clean Energy Goals
… did not fully plan for expiring contracts, which could lead to higher costs. Most contracts for renewable energy … Between 2007 and 2022, 81 contracts expired, which could lead to New York paying more than the original price once the …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-improved-planning-needed-new-york-achieve-its-clean-energy-goalsRemsenburg-Speonk Union Free School District – Financial Management (2025M-33)
… on preparing and filing your CAP, please refer to our brochure, Responding to an OSC Audit Report , which you …
https://www.osc.ny.gov/local-government/audits/school-district/2025/07/18/remsenburg-speonk-union-free-school-district-financial-management-2025mDiNapoli: LIRR On-Time Performance Falls Short
… the LIRR reports that only a relatively small percentage of trains were late or canceled, too many commuters had a … a bit in 2016, it slipped during the first quarter of 2017. Recent derailments at Penn Station have brought … carried 89.3 million riders, the most since 1949. A total of 247,000 trains were scheduled, but 17,951 were canceled at …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-lirr-time-performance-falls-shortNew York State Comptroller DiNapoli Receives Prestigious Award From National Italian American Organization
… York State Comptroller Thomas P. DiNapoli was selected for the Guglielmo Marconi Award, the highest award given by the Order Sons and Daughters of Italy in America. Prior recipients of this award include a U.S. … York State Comptroller Thomas P DiNapoli was selected for the Guglielmo Marconi Award the highest award given by the …
https://www.osc.ny.gov/press/releases/2025/08/new-york-state-comptroller-dinapoli-receives-prestigious-award-national-italian-american-organizationDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… New York State’s Environmental Facilities Corporation (EFC) has provided financing for over 2,000 … Thomas P. DiNapoli. “The Environmental Facilities Corporation serves a critical role in financing improvements … of these programs continues.” EFC is a public benefit corporation that provides financing assistance through …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… of the State Comptroller, Division of Investigations, 8th Floor, 110 State St., Albany, NY 12236. …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsDiNapoli: 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 … particularly the addition of over $1 billion annually from an increase in the Payroll Mobility Tax on large New … taxes provide more than 44% of MTA’s revenue in 2024, up from 37% in 2019, making up for the drop in ridership revenue …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… budget by a total of $1.5 billion from 2023 through 2026. The MTA can use these savings to preserve and improve … budgets, pushing higher costs to budgets decades away and increasing total interest expenses. The MTA can now … go toward debt payments and peak around 19.5% in 2024 and 2025 before declining slightly. However, after adjusting for …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… Thomas P. DiNapoli urged New York City officials to better prepare for financial downturns by evaluating the city’s rainy-day reserve fund, establishing targets for … law enabling the use of these funds, called on the city to define how these resources are accumulated and used. …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundNYS Comptroller DiNapoli: SEC Upholds Shareholders' Right to Seek Racial Equity Audit
… New York State Comptroller Thomas P. DiNapoli made the following statement today in response to the U.S. Securities and Exchange Commission Staff's … New York State Comptroller Thomas P DiNapoli made the following statement today in response to the US Securities and Exchange Commission …
https://www.osc.ny.gov/press/releases/2021/04/nys-comptroller-dinapoli-sec-upholds-shareholders-right-seek-racial-equity-auditLinkNYC Program Revenues and Monitoring
… Objectives To determine whether New York City received all the revenues specified in the contract terms and whether the Department of … specified distribution schedules and equitably distributed in the five boroughs; that Links were activated by the … whether New York City received all revenues specified in the contract terms and whether the Department of …
https://www.osc.ny.gov/state-agencies/audits/2021/07/30/linknyc-program-revenues-and-monitoringDiNapoli Releases State Cash Report
… Tax revenues of $3.9 billion in May were stronger than … up more than 31 percent since March 31. “Personal income tax collections were robust through May and New York’s … purposes and not to support ongoing expenses.” May tax receipts were $166 million higher than projections for …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportImproper Medicaid Managed Care Payments for Durable Medical Equipment, Prosthetics, Orthotics, and Supplies on Behalf of Recipients in Nursing Homes. (2020-S-61) 180-Day Response
To determine whether Medicaid managed care organizations inappropriately paid for durable medical equipment, prosthetics, orthotics, and supplies while recipients were residing in nursing homes.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-20s61-response.pdfDiNapoli: Former Halfmoon Supervisor Enters Guilty Plea to Two Felony Counts
… Jeffrey Coffman. Former Assistant United States Attorney John Duncan also worked on the prosecution. Since taking … by filing a complaint online at [email protected].ny.us , or by mailing a complaint to: Office of the State … of Investigations, 14th Floor, 110 State St., Albany, NY 12236. …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-former-halfmoon-supervisor-enters-guilty-plea-two-felony-countsNYS Common Retirement Fund Announces Third Quarter Results
… State Comptroller Thomas P. DiNapoli. "A strong equities market continued to provide solid returns on investments … recent volatility, we have welcomed the stock market's nearly decade-long rise. Our foremost goal will …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… ending September 30, 2018, with an estimated value of $213.2 billion, according to New York State Comptroller Thomas P. … The Fund's estimated value reflects benefits of $5.6 billion paid out during the first half of the State Fiscal … The Fund’s audited value as of the March 31, 2018 close of its fiscal year was $207.4 billion. Its estimated …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli Announces Oil Spill Fund Agreement With St. Lawrence County
… statewide effort by the Comptroller and Oil Spill Fund to partner with the DEC, the OAG, and local communities to …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-announces-oil-spill-fund-agreement-st-lawrence-county