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DiNapoli: NYC Finances Continue To Benefit From Better Than Projected Revenue but Spending Pressures Remain
… and savings generated through initiatives launched in response to its financial challenges, but the continued influx of asylum seekers, elevated demand for … to ensure it’s prepared for any economic uncertainties.” In June, New York City adopted a balanced budget for fiscal …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-finances-continue-benefit-better-projected-revenue-spending-pressures-remainDiNapoli: Employment Recovery for New Yorkers with Disabilities Lags Nation
… Thomas P. DiNapoli finds that after a nationwide spike in unemployment, New Yorkers with disabilities continue to face a higher unemployment rate than the national average for those with disabilities. In 2020, unemployment rates for working-aged people with a …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-employment-recovery-new-yorkers-disabilities-lags-nationDiNapoli: New York City’s Public Hospitals Need To Do More To Provide Interpretation Services
… audit from State Comptroller Thomas P. DiNapoli found that the New York City Health and Hospitals Corporation (H+H) is … patients’ right to interpretation services for those in need of language assistance. “The Health and Hospitals Corporation has a tall order given …
https://www.osc.ny.gov/press/releases/2025/11/dinapoli-new-york-citys-public-hospitals-need-do-more-provide-interpretation-servicesDiNapoli: NYC Finances Strong But Slowing Economy Presents Risks
… York City’s economy, bolstered by robust economic growth in recent years, is strong and the out-year budget gaps are relatively small, but the risk … City Council have prudently increased the city’s reserves in recent years.” In January, Mayor de Blasio released his …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-nyc-finances-strong-slowing-economy-presents-risksDiNapoli: Many SUNY Campus Foundations Operating Without Contracts or Proper Oversight
… A third of the 30 State University of New York (SUNY) campus foundations were operating without the contracts they are required to have with their campuses while overseeing and managing billions in donations and resources, according to a report released … A third of the 30 State University of New York campus foundations were …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-many-suny-campus-foundations-operating-without-contracts-or-proper-oversightDiNapoli: Funds Dedicated for Highway & Bridge Capital Projects Continue to be Diverted for Operating and Debt Costs
… Money in the Dedicated Highway and Bridge Trust Fund continues to be … critical highway and bridge projects at increased risk as the state faces fiscal challenges and shrinking debt … the greatest share of the fund: nearly $1.6 billion in the last fiscal year, including the costs of snow and ice …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-funds-dedicated-highway-bridge-capital-projects-continue-be-diverted-operating-and-debtDiNapoli: $10 Million Ponzi Scheme Unraveled Following Nassau County District Attorney Investigation
… Nassau County District Attorney Madeline Singas announced the arrest of a financial advisor from Pennsylvania and the re-arrest of his alleged collaborator, a financial … 40 people – many seniors – out of more than $10 million in a Ponzi scheme. "These defendants allegedly took advantage …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-10-million-ponzi-scheme-unraveled-following-nassau-county-district-attorney-investigationDiNapoli: School District Revenue Growth Slows
… New York’s school districts have faced major fluctuations in their federal and state aid over the last decade and revenue growth was nearly flat the last … districts across the state. “School districts are caught in a financial bind and are struggling for a way out,” said …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsDiNapoli: More School Districts Take Initial Steps to Exceed Tax Cap
… The percentage of school districts initially planning to override New York’s property tax cap in 2016-17 has nearly doubled when compared to last year, but … relatively small, according to preliminary data filed with the office of State Comptroller Thomas P. DiNapoli. As of …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-more-school-districts-take-initial-steps-exceed-tax-capDiNapoli: Former Durhamville Fire Department Treasurer Sentenced to Prison for Theft of Over $92K
… Police Superintendent Steven G. James announced today that the former treasurer of the Durhamville Fire Department, Kimberly Simchik was sentenced to serve 1-3 years in state prison and pay $92,000 in restitution after pleading … Police Superintendent Steven G James announced today that the former treasurer of the Durhamville Fire Department …
https://www.osc.ny.gov/press/releases/2025/11/dinapoli-former-durhamville-fire-department-treasurer-sentenced-prison-theft-over-92kOpinion 92-46
… This opinion represents the views of the Office of the State Comptroller at the time … or statutory amendments that bear on the issues discussed in the opinion. PUBLIC CONTRACTS -- Bidding Monetary … to be used at a village youth center should be considered in the aggregate for purposes of determining the competitive …
https://www.osc.ny.gov/legal-opinions/opinion-92-46Statement from New York State Comptroller Thomas P. DiNapoli on Repeal of Affordable Care Act
… "The Republican health care bill is reckless and damaging for our nation and for New York. The bill means far fewer New Yorkers would have insurance, … pre-existing conditions and potentially punches a big hole in our state budget. Members voted for this disastrous bill …
https://www.osc.ny.gov/press/releases/2017/05/statement-new-york-state-comptroller-thomas-p-dinapoli-repeal-affordable-care-actCompliance With Executive Order 95 (Open Data)
… Objectives To determine whether the Department of Environmental Conservation (DEC) is … with Executive Order 95 (EO 95), including providing, in a timely manner, publishable State data to the Office of Information Technology Services (ITS) under EO … To determine whether the Department of Environmental Conservation is complying …
https://www.osc.ny.gov/state-agencies/audits/2021/05/27/compliance-executive-order-95-open-dataPhysical and Financial Conditions at Selected Mitchell-Lama Developments
… in 1955 to provide affordable rental and cooperative (co-op) housing to middle-income families. The New York City … 93 HPD-supervised Mitchell-Lama rental and limited-equity co-op developments, with approximately 46,902 units. Owners …
https://www.osc.ny.gov/state-agencies/audits/2024/09/30/physical-and-financial-conditions-selected-mitchell-lama-developmentsChurchville-Chili Central School District – Procurement (2025M-18)
… procurements related to capital improvement projects (CIP) in accordance with statutory requirements and District … Period July 1, 2022 – February 10, 2025 Understanding the Program Generally, school district purchases should be made in the taxpayers’ best interest. One method for ensuring that …
https://www.osc.ny.gov/local-government/audits/school-district/2025/06/20/churchville-chili-central-school-district-procurement-2025m-18Vertus Charter School – Information Technology Asset Management (2025M-9)
… safeguard information technology (IT) assets acquired or in use during the audit period? Audit Period July 1, 2023 – January 16, … significant portion of a school’s IT asset inventory, both in value and number. While officials were unable to provide … track inventory and safeguard IT assets acquired or in use during the audit period Officials did not maintain …
https://www.osc.ny.gov/local-government/audits/charter-school/2025/06/27/vertus-charter-school-information-technology-asset-management-2025m-9DiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
… The State Fiscal Year (SFY) 2021-22 Enacted Budget Financial Plan shows a remarkable improvement in the state’s financial condition as cumulative four-year … The State Fiscal Year SFY 202122 Enacted Budget Financial Plan shows a remarkable improvement in the states financial condition as cumulative fouryear …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reservesDiNapoli: Lack of Oversight Delayed Access to Emergency Home Repairs for Elderly New Yorkers
… State Homes and Community Renewal’s (HCR) lax oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly (RESTORE) program contributed to delays in urgent home repairs for seniors. The audit found the … State Homes and Community Renewals HCR lax oversight of the Residential Emergency Services to Offer Home Repairs to …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-lack-oversight-delayed-access-emergency-home-repairs-elderly-new-yorkersDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (CRF or the Fund) has created a $2 billion strategic partnership with Goldman Sachs Asset Management (GSAM) to invest in a diverse group of global equity strategies viewed as …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsDiNapoli:Two Fortune 500 Retailers Agree to Increased Use of Renewable Energy
… 500 retailers Best Buy and Nordstrom have agreed to the New York State Common Retirement Fund’s (Fund) request that they increase the use of renewable energy in their operations and supply chain. “More Fortune 500 … 500 retailers Best Buy and Nordstrom have agreed to the New York State Common Retirement Funds Fund request that …
https://www.osc.ny.gov/press/releases/2016/05/dinapolitwo-fortune-500-retailers-agree-increased-use-renewable-energy