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Housing Trust Fund Corporation: Internal Controls Over and Maximization of Federal Funding for Community Development Block Grant & HOME Investment Partnerships Programs (2021-S-10)
To determine whether Homes and Community Renewal has established and maintains adequate internal controls to oversee and monitor the federally funded Community Development Block Grant program and HOME Investment Partnerships Program to ensure they meet requirements, and whether ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-21s10.pdfNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… current labor agreements, agency spending, rising health insurance and debt service costs, and the impact of state … of $418 million to the Metropolitan Transportation Authority's (MTA) Subway Action Plan, which is intended to … Labor Committee to generate $1.7 billion in health insurance savings during the financial plan period to help …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownDiNapoli: Environmental Protection Fund Spending Reflects Historic State Commitment
… While about one-third of this was replaced with borrowed funds, $507.2 million, or nearly 15 percent of total … the state's Real Estate Transfer Tax (RETT); a portion of unclaimed bottle and can deposits; certain penalties … over deposit initiators' management and repayment of unclaimed container deposits. The shortcomings in the …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-environmental-protection-fund-spending-reflects-historic-state-commitmentDiNapoli: State Faces Potential Budget Gaps
… New York state faces potential budget gaps in future years, according to an … to meet recurring expenses contributes to the state’s potential outyear budget shortfalls. More must be done to … projections, DiNapoli’s report estimates the state faces potential budget gaps averaging just less than $5 billion …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-faces-potential-budget-gapsDiNapoli: Economic and Tax Collection Growth Slowing in New York City
… future, including a slowing economy here and abroad. Mayor de Blasio’s cautious approach to FY 2017 is warranted given …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityOpinion 90-24
… the board's power to hire bond counsel. 12 Opns St Comp, 1956, p 68 is hereby superseded. You have asked whether 12 Opns St Comp, 1956, p 68 still represents the views of this … by a municipal governing board (see, e.g., 1986 Opns St Comp 86-31, p 52). We have also recognized, however, that …
https://www.osc.ny.gov/legal-opinions/opinion-90-24State Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District Branch To Support Community Banking in Red Hook
… operations and provide affordable and accessible banking products and services in the community. New York State … community. New services include increasing access to loan products, credit lines, banking accounts and business …
https://www.osc.ny.gov/press/releases/2025/03/state-comptroller-dinapoli-and-department-financial-services-superintendent-harris-designate-newChanges in Federal Policies Pose Significant Risks for New York City's Budget
… New York City in the coming years appear manageable, but tax changes and budget cuts on the federal level pose a significant threat to the city’s … Representatives and the Senate have reached agreement on a tax plan, which limits the deductibility of state and local …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Report Warns of Growing State Debt
… the following four years to $71.8 billion, according to a report issued today by New York State Comptroller Thomas P. … state's current five-year capital plan period. DiNapoli's report notes: New York's current debt total is second only to … plan to guide the five-year Capital Plan. Read the report , or go to: …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-report-warns-growing-state-debtAudit of ESDC Finds Few Measurable Results for $211 Million State Advertising Contract
… discretion, which ESDC allocated to promoting Start-Up NY, tourism, Taste NY and Masterbrand. As required by law, the State Attorney … contract. ESDC only provided details about Start-Up NY, a tax free incentive program for businesses affiliated …
https://www.osc.ny.gov/press/releases/2015/05/audit-esdc-finds-few-measurable-results-211-million-state-advertising-contractSelected Aspects of Leasing Practices for Real Estate Services Department and Port Commerce
… port for the harbor shared by the two states, tunnel and bridge connections between the states, and, in general, trade … Authority Bus Terminal in Manhattan, the George Washington Bridge Bus Station, and the World Trade Center (WTC). The … and Manhattan in New York City. The PATH operates 24 hours daily. Tunnels, Bridges, and Terminals – manages and …
https://www.osc.ny.gov/state-agencies/audits/2019/05/16/selected-aspects-leasing-practices-real-estate-services-department-and-port-commerceSignal Maintenance, Inspections, and Testing
… 2,345 devices that were on the Signal Device Master List but were not inspected by a Supervisor during this … different types and cost per unit. Using the lowest unit price provided by NYCT, the potential total cost of the units …
https://www.osc.ny.gov/state-agencies/audits/2018/10/17/signal-maintenance-inspections-and-testingGreat Neck Park District – Capital Assets (2025M-27)
… tag equipment or record tag information on the inventory list. We reviewed all 30 equipment assets purchased during … corrective action. A written corrective action plan (CAP) that addresses the findings and recommendations in this … the GML. For more information on preparing and filing your CAP, please refer to our brochure, Responding to an OSC Audit …
https://www.osc.ny.gov/local-government/audits/district/2025/12/12/great-neck-park-district-capital-assets-2025m-27East Ramapo Central School District – Budget Review (B25-5-2)
… unanticipated 2023-24 fiscal year operating surplus, we conducted a review of the District’s adopted budget for … to fund recurring expenditures. The 2024-25 adopted budget did not include any revenue for interest and earnings. We … of approximately $136.2 million may be overestimated by as much as $23.6 million. The transportation appropriation of …
https://www.osc.ny.gov/local-government/audits/school-district/2025/04/03/east-ramapo-central-school-district-budget-review-b25-5-2DiNapoli: Audits Find Certain IDAs Lack Job Creation Data
… Agencies (IDAs) do not verify if businesses receiving tax breaks are actually meeting job creation goals. These … questions about the effectiveness of providing costly tax breaks to private companies. IDAs owe it to taxpayers to … For example, one business received more than $600,000 in tax abatements, but closed its operations three years into a …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-audits-find-certain-idas-lack-job-creation-dataState Comptroller DiNapoli Releases Audits
… that all applicable searches or, in many cases, even what kind of searches had been performed. Uncertainty about … that the DOE had difficulty meeting the required 60-day time frame for completing evaluations – in some cases taking … were often over budget, including one – the East 119 Street project – that exceeded its $511,000 budget by $2.7 …
https://www.osc.ny.gov/press/releases/2023/03/state-comptroller-dinapoli-releases-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… overtime payments reviewed. Officials also did not always pay wages at board-approved rates, resulting in a $13,650 annual increase to the town’s … entitled to. Officials did not ensure services provided by a contractor were billed to the customers or identify and …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-audits-1DiNapoli: Fairport Audits Reveal Unauthorized Practices for Economic Development Agencies
… granting $1 million worth of inappropriate gifts and commercial loans, according to an audit released today by … of a project. FIDA granted two additional unauthorized commercial loans of approximately $187,000. Questionable … expenses and not those of other entities; Cease making commercial loans directly or through the FLDC using FIDA …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-fairport-audits-reveal-unauthorized-practices-economic-development-agenciesInvestors Reach Settlement with Wynn Resorts
… Relationships and Potential Conflicts of Interest Policy; Spa and Salon Policy; and Code of Personal Conduct. Other …
https://www.osc.ny.gov/press/releases/2019/11/investors-reach-settlement-wynn-resortsMedian Income
… in Manhattan by $2,590 (-2.4 percent), and in the Bronx by $661 (-1.3 percent) between 2019 and 2024. When real … Decrease Schoharie $71,029 $70,133 -$896 -1.3% Decrease Bronx $49,337 $48,676 -$661 -1.3% Decrease Genesee $74,487 … A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual …
https://www.osc.ny.gov/reports/median-income