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State Comptroller DiNapoli Releases Municipal Audits
… not be fully realized. City officials project the general fund having an unassigned fund balance of approximately $3 million at the end of 2020 or the same amount as the recorded unassigned fund balance at the end of 2019. However, the 2019 amount of …
https://www.osc.ny.gov/press/releases/2020/11/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: College Student Loan Debt Doubled in New York Over Last Decade
… New York State Comptroller Thomas P. DiNapoli today released a … 2015, higher than the national average of $29,700. In New York, student loan debt more than doubled during the last …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-college-student-loan-debt-doubled-new-york-over-last-decadeNew York State Comptroller Thomas P. DiNapoli Statement on the Passing of Edward Regan
… heavy debt load. He achieved a great many things in his career and served the people of New York with great integrity …
https://www.osc.ny.gov/press/releases/2014/10/new-york-state-comptroller-thomas-p-dinapoli-statement-passing-edward-reganDiNapoli: Wall St. 2021 Profits near Record Levels
… Wall Street’s run of prosperity extended into the first half of 2021 with … of $27.6 billion, even as job losses accelerated in New York City’s securities industry, according to State …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsComptroller DiNapoli Releases Municipal Audits
… York State Comptroller Thomas P. DiNapoli today announced the following local government audits have been issued. Islip Fire District – Financial Condition … limit. Auditors caution the city that if property values do not increase, its ability to increase taxes may be reduced …
https://www.osc.ny.gov/press/releases/2020/06/comptroller-dinapoli-releases-municipal-auditsFinancing Education in New York’s “Big Five” Cities
Financing Education in New York’s “Big Five” Cities
https://www.osc.ny.gov/files/local-government/publications/pdf/financingeducation.pdfComptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … era of limited resources and increased accountability, it’s critical that schools make every dollar count,” DiNapoli … School District – Reserve Funds (Orleans County) The total balance of the district’s reserves has increased from $1.2 …
https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-releases-school-audits-1XVI.3.C State Funds Included in the ACFR – XVI. Financial Reporting
… reporting purposes in conformance with GAAP. Process and Document Preparation: The following is a comprehensive … Labor/Management Administration Account 55250-55252 Audit and Control Revolving Account 55300-55301 Health Insurance … SFS Fund Value Fund Title 25000-25037 Federal USDA-Food and Nutrition Services Fund 25100-25186 Federal Health and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3c-state-funds-included-cafrDiNapoli: Billions Needed for Repairs to Local Bridges
… bridges that remain open are considered safe to drive on, but either have load-bearing elements in poor condition … spending, public authority financial data and information on 140,000 state contracts, visit Open Book New York . The …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-billions-needed-repairs-local-bridgesMedgar Evers College – Controls Over Bank Accounts
… Purpose To determine whether the City University of New York’s (CUNY) Central Office (Central) officials adequately …
https://www.osc.ny.gov/state-agencies/audits/2016/06/03/medgar-evers-college-controls-over-bank-accountsState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … and the Montezuma Volunteer Fire Department . "In today's fiscal climate, budget transparency and accountability for … plans for the maintenance of a reasonable level of fund balance, the funding and use of reserves or a multiyear …
https://www.osc.ny.gov/press/releases/2018/05/state-comptroller-dinapoli-releases-municipal-audits-0State Comptroller DiNapoli Releases Municipal & School Audits
… local government and school audits were issued. Village of Ocean Beach – Credit Card Usage (Suffolk County) The … not have a signed receipt or credit card slip. Examples of purchases include: $134,742 from a home improvement store; … are sufficient for any potential liabilities when contract agreements for collective bargaining agreements …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli: New York’s Workforce Development Programs Lack Governance and Coordination
… the rest of the country and these programs are critical for helping New Yorkers find well-paying jobs and businesses find qualified employees.” Under the federal Workforce Innovation and Opportunity Act (WIOA), … approval. Late submissions can result in delays in federal funding. Due at least in part to the absence of a functioning …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-new-yorks-workforce-development-programs-lack-governance-and-coordinationDiNapoli: Read Fine Print on Your Holiday Gift Cards
… giving of gift cards during the holiday season increasing in popularity, New York State Comptroller Thomas P. DiNapoli is urging New …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-read-fine-print-your-holiday-gift-cardsDiNapoli: NYC Finances Continue To Benefit From Better Than Projected Revenue but Spending Pressures Remain
… York City adopted a balanced budget for fiscal year (FY) 2025, totaling $116.8 billion including expense prepayments … the city faces a number of fiscal pressures entering FY 2025, which threaten the budget balance in the coming years. … entering FY 2023, is estimated at $4.4 billion entering FY 2025. FY 2024 was the second year the city expended more than …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-finances-continue-benefit-better-projected-revenue-spending-pressures-remainState Comptroller DiNapoli Releases Municipal and School Audits
… reserve balances that circumvented the statutory limit on surplus fund balance and resulted in a real property tax …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-releases-municipal-and-school-auditsThe Retail Sector in New York City: Recent Trends and the Impact of COVID-19
… sector comprised 32,600 businesses that provided 344,600 jobs, paid $16 billion in total wages citywide, and … face significant challenges from reduced demand and changing consumer behavior. Industry challenges will … retailers have been trying to creatively adjust to the changing business landscape as well as the pandemic, some …
https://www.osc.ny.gov/reports/osdc/retail-sector-new-york-city-recent-trends-and-impact-covid-19DiNapoli: Nearly 14% of New Yorkers Live in Poverty; Surpasses National Average for Eight Straight Years
… the state’s population, lived in poverty in 2021, compared to 12.8% of all Americans, according to the first in a series … households,” DiNapoli said. “We saw what a large and broad federal response achieved, as the country made historic … funds the bulk of the safety net, providing 87% of funding for major assistance and tax credit programs …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nearly-14-percent-of-new-yorkers-live-poverty-surpasses-national-average-eight-straight-yearsState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … and the St. Paul Boulevard Fire District . "In today’s fiscal climate, budget transparency and accountability for … financial condition. The general fund’s unrestricted fund balance decreased from $213,327 as of fiscal year-end 2014 to …
https://www.osc.ny.gov/press/releases/2018/10/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: Audit Shows Health Department Overpaid Certain Medicaid Managed Care Premiums
… next three years due to the flaw. Additionally, DiNapoli’s auditors found DOH, because it had not provided sufficient … dollars.” For the state fiscal year ended March 31, 2015, New York’s Medicaid program had approximately 7.1 million …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-audit-shows-health-department-overpaid-certain-medicaid-managed-care-premiums