Search
DiNapoli: Debt Adding to MTA's Financial Pressures With Riders and Fare Revenue Slow to Return
… 2019 (37%) and rose an additional 13% to $40.1 billion in 2021. Outstanding debt will reach $47 billion by 2026 and … to reach $4.3 billion by 2031, $1.5 billion more than in 2021 (55% higher), including projected debt service for the … burden could rise to nearly 23% by 2031. The MTA deferred payment on the principal of all debt issued since 2018 for 10 …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-debt-adding-mtas-financial-pressures-riders-and-fare-revenue-slow-returnDiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… climate performance, including climate transition targets, strategies, capex alignment, and the international Financial … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. … New York State Comptroller …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksDiNapoli Releases Analysis of 2022-23 Enacted State Budget
… New York State Comptroller Thomas P. DiNapoli. While some of the new spending will be temporary, much of the year-over-year growth will be for new initiatives and … to misuse. “This year’s state budget follows two years of unprecedented economic disruptions caused by the …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budgetState Comptroller DiNapoli Releases Audits
… Authorities Law, the MTA is required to issue an annual report on its mission statement, measurements, and … indicators. One of the goals the MTA cites in its annual report is to provide on-time and reliable service to … in the initial audit. In particular, United saved the Empire Plan $862,334 through reviews of claims from three of …
https://www.osc.ny.gov/press/releases/2020/02/state-comptroller-dinapoli-releases-auditsState Agencies Bulletin No. 1868
… must be returned to the employee for completion of a new card. The amount of the deduction requested on the … in the calendar year, not the total amount of the pledge. State agencies cannot accept cash for the SEFA Campaigns. … with the same FCC Code exists, select the + sign to add a new row in the Deduction Details page, insert a row and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1868-2021-state-employees-federated-appeal-sefa-campaignState Agencies Bulletin No. 1755
… Purpose To provide agencies with instructions for processing the 2018-2019 Pilot Firearms Training and … the State of New York and the Public Employees Federation (PEF), employees with peace officer status shall be eligible … and Safety Incentive Program Payment is included as salary for retirement purposes and must be included in the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1755-2018-2019-public-employees-federation-pef-pilot-firearms-training-andMedicaid Program – Improper Managed Care Payments for Recipients With Duplicate Client Identification Numbers
… pays managed care organizations (MCOs) a monthly premium for each enrolled recipient and, in turn, the MCOs pay for services their members require. Each individual who …
https://www.osc.ny.gov/state-agencies/audits/2019/07/29/medicaid-program-improper-managed-care-payments-recipients-duplicate-client-identificationAssociation to Benefit Children – Compliance With the Reimbursable Cost Manual
… Purpose To determine whether the costs reported by the Association to … a not-for-profit State-approved private school established in 1986. ABC is approved by SED to operate preschool Special … on the CFR were higher than the total hours worked on the ADP payroll. We obtained the payroll system’s employee total …
https://www.osc.ny.gov/state-agencies/audits/2019/02/08/association-benefit-children-compliance-reimbursable-cost-manualMTA's Fiscal Challenge: Fill the Gap, But Not at Riders' Expense
… pressure on fares and tolls, and while the MTA should look for opportunities for savings, deep cuts could affect the future reliability of … the MTA close projected gaps in its operating budget for calendar years 2015 through 2017, leaving a manageable …
https://www.osc.ny.gov/press/releases/2014/10/mtas-fiscal-challenge-fill-gap-not-riders-expenseState Comptroller DiNapoli: Costs Will Climb for Municipal Landfills
… face nearly $300 million in estimated long-term costs for their active and closed landfills, according to a report … reach capacity, it is critical that local governments plan for future costs that will be paid long after the revenue … or public authorities. DiNapoli's report revealed that for local fiscal years ending in 2017, 80 local governments …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-costs-will-climb-municipal-landfillsFormer Treasurer of Putnam Engine & Hose Co. of the Port Chester Volunteer Fire Dept. Pleads Guilty to Embezzling More Than $38,000
… the United States Attorney for the Southern District of New York, William F. Sweeney Jr., the Assistant Director-in-Charge of the New York Field Division of the Federal Bureau … 2016. Gerardi was given signatory authority over bank accounts held by Putnam Engine & Hose at that time. From in …
https://www.osc.ny.gov/press/releases/2018/12/former-treasurer-putnam-engine-hose-co-port-chester-volunteer-fire-dept-pleads-guilty-embezzling-moreState Agencies Bulletin No. 1578
… income taxes. Federal, State and New York City income tax withholding will be calculated using the Aggregate method. Yonkers income tax withholding will be calculated using the Flat Rate method …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1578-2016-2017-public-employees-federation-pef-pilot-firearms-training-andState Agencies Bulletin No. 1347
… Purpose To explain why the Retirement Plan check box in Box 13 of Form W-2, must be checked for most employees and left … Service (IRS) Instructions for Form W-2 require that the Retirement Plan check box in Box 13 be checked for every …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1347-retirement-plan-check-box-form-w-2-wage-and-tax-statement-calendar-yearOpinion 99-3
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … (Exempt Volunteer Firemen's Benevolent Association (use of tax moneys to make nominal contribution to designated …
https://www.osc.ny.gov/legal-opinions/opinion-99-3Opinion 91-42
… the village treasurer the custody of moneys presently held by the fire department for the acquisition of firefighting … equipment. The moneys would be jointly invested by the village treasurer with village moneys. Village Law, … however, it is our opinion that a village may not, by local law, authorize itself to enter into the proposed …
https://www.osc.ny.gov/legal-opinions/opinion-91-42Westchester Attorney Pleads Guilty to Mail Fraud for Attempting to Embezzle From a Decedent's Estate for Which He Was Court-Appointed Administrator
… his attempt to embezzle funds from a decedent’s estate for which he served as a court-appointed administrator. … States Attorney Berman and the Postal Inspection Service for their continued partnership to combat fraud." U.S. … attorney, flouted his fiduciary duty to the estate for which he was administrator. He directed fees from the …
https://www.osc.ny.gov/press/releases/2019/01/westchester-attorney-pleads-guilty-mail-fraud-attempting-embezzle-decedents-estate-which-he-was-courtDiNapoli: Tax Collections Exceed Projections Through First Half of Fiscal Year
… of $272.5 million, or 3.5 percent, from the previous year. Business tax collections through September totaled $3.7 …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collections-exceed-projections-through-first-half-fiscal-yearComptroller DiNapoli and AG Schneiderman Announce Guilty Plea and Sentencing of Jean Noel for Theft of Putnam Co. Funds
… Putnam County Department of Consumer Affairs, for stealing money from Putnam County. Ms. Noel was arrested after a joint … state to hold people accountable and recoup the public’s money. I thank the New York State Police and Attorney General … Joseph A. D’Amico. “This former Director took money not only from taxpayers, but also from businesses that …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-and-ag-schneiderman-announce-guilty-plea-and-sentencing-jean-noel-theft-putnamDiNapoli: New York's Drinking Water Infrastructure Needs Fixing
… a considerable challenge." Recent high profile water system failures and problems in places such as Hoosick Falls, … breaks or other malfunctions in the water distribution system. The water delivery infrastructure is also vulnerable … $4.6 billion in revenues, with New York City's water system accounting for $4 billion of those revenues. The …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-new-yorks-drinking-water-infrastructure-needs-fixingState Agencies Bulletin No. 1049
… Purpose To provide information regarding the processing of layoff … Affected Employees Employees affected by the reduction in force Effective Date(s) Immediately Background Due to the … authority, with no change in title or status. In addition to the above Reason Codes, PayServ has the following …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1049-information-regarding-processing-layoff-transactions-payserv