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DiNapoli Releases Economic Report on the Bronx
… of renewal aided by government efforts to provide basic services and boost economic activity and quality of life in … faster than any other borough, driven in large part by immigration. From 2000 through 2017, the Bronx’s population … Fordham, Morris Heights, Mount Hope, University Heights, Bedford Park, Jerome Park, Kingsbridge Heights and Norwood …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-releases-economic-report-bronxHousing Trust Fund Corporation: Internal Controls and Maximization of Federal Funding for CDBG and HOME (Follow-Up) (2023-F-42)
To determine the extent of implementation of the recommendation included in our initial audit report, Housing Trust Fund Corporation: Internal Controls Over and Maximization of Federal Funding for Community Development Block Grant & HOME Investment Partnerships Programs (Report 2021-S-10).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-23f42.pdfHousing Trust Fund Corporation: Internal Controls Over and Maximization of Federal Funding for Community Development Block Grant & HOME Investment Partnerships Programs (2021-S-10) 180-Day Response
To determine whether Homes and Community Renewal (HCR) 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-response.pdfResources and Responsibilities: New York State’s Environmental Funding
… resulting from hazardous waste sites, agricultural and non-agricultural non-point pollution and ongoing problems … perfluorinated compounds. Response to growing threats from invasive species and hazardous algal blooms. Food donation … of a capture system; or determines the destruction or removal efficiency of a control device used to reduce …
https://www.osc.ny.gov/reports/resources-and-responsibilities-new-york-states-environmental-fundingAccounting for Capital Assets
A municipality's inventory of capital assets often represents its most significant investment of resources. This session will cover the proper accounting for these valuable assets. We will also discuss best practices to ensure these assets are properly safeguarded from theft or loss.
https://www.osc.ny.gov/files/local-government/academy/pdf/accounting-capital-assets-110624.pdfState Fiscal Year 2022-23 Enacted Budget Analysis
… for safety net hospitals ($900 million), long-term care services, including home care minimum wage increases … The Enacted Budget also includes new spending for child care, both to help stabilize providers and to expand … insurance costs. Starting August 1, 2022, eligibility for child care subsidies will expand from 200 percent to 300 …
https://www.osc.ny.gov/reports/state-fiscal-year-2022-23-enacted-budget-analysisOpinion 91-51
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- … moneys collected as user fees and benefit assessments on behalf of a county sewer district. County sewer districts … means of special ad valorem levies (County Law, §270) or on a benefit assessment basis (County Law, §271). The county …
https://www.osc.ny.gov/legal-opinions/opinion-91-51DiNapoli: MTA Faces Worst Financial Crisis in History
… Authority (MTA) is facing the greatest crisis in its long history, with few viable options without federal funding to avoid cuts in service and staff, additional fare hikes and … that could impair regional transit for decades, according to New York State Comptroller Thomas P. DiNapoli’s annual …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-mta-faces-worst-financial-crisis-historyDiNapoli: Technology Changing How Local Governments Serve Residents
… Local governments across New York state are turning to new technologies to save money, communicate with residents and allow taxpayers to make payments, according to a report released today by … Local governments across New York state are turning to new technologies to save money communicate with residents …
https://www.osc.ny.gov/press/releases/2019/09/dinapoli-technology-changing-how-local-governments-serve-residentsDiNapoli: Buffalo's Financial Condition Improves
… growth and increased economic development are responsible for the city emerging from years under a financial control … been instrumental in creating a positive fiscal outlook for Buffalo, but there are a number of red flags they should … underway in Buffalo. “I thank Comptroller DiNapoli for taking the time to review our city’s fiscal condition. …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-buffalos-financial-condition-improvesInvesting and Protecting Public Funds
This session is designed to help local officials understand procedures and policies used to control and account for cash. Presenters will discuss the following: principles and statutes, depositing public funds, securing deposits, investment policies, cash controls and reporting, and cash flow foreca
https://www.osc.ny.gov/files/local-government/academy/pdf/investing-and-protecting-public-funds-01-18-23.pdfInvesting and Protecting Public Funds Webinar Presentation
This session is designed to help local officials understand procedures and policies used to control and account for cash. Presenters will discuss the following: principles and statutes, depositing public funds, securing deposits, investment policies, cash controls and reporting, and cash flow foreca
https://www.osc.ny.gov/files/local-government/academy/pdf/investing-and-protecting-public-funds-01-19-2022.pdfOpinion 99-16
… depository bank has requested that the town execute the model security and custodial agreements prepared by the … and Procedures, Appendix E). Paragraph 6(a) of this model custodial agreement provides that the local government … Act must be secured in accordance with subdivision 3 of section 10. Among the permissible methods of securing …
https://www.osc.ny.gov/legal-opinions/opinion-99-16Opinion 90-54
… death benefits to the beneficiary last designated by a member despite the member's contractual obligation, by … standards also applies without regard to subsection (e)(2) of such section. Section 411(e) excludes governmental … be bargained away. Thus, the Retirement System will make payment to the person(s) last designated by the member to …
https://www.osc.ny.gov/legal-opinions/opinion-90-54State Contract and Payment Actions in October
… Office of the Attorney General $5.5 million with B/A Investors LLC for office space in Albany County. $1.2 … Authority $31.8 million with J. D'Annunzio & Sons Inc. for bridge replacement on North Avenue over I-95 in Westchester … with Gianfia Corp. for improvements and construction of a pedestrian bridge at the I-87 and I-287 interchange in …
https://www.osc.ny.gov/press/releases/2022/11/state-contract-and-payment-actions-octoberNew Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… performance of the Long Island Rail Road (LIRR) and the subway system has recently worsened. On-time performance on … as the LIRR itself. By 2016, the average distance that subway trains travel before breaking down had fallen by … performance had fallen sharply. Almost one-third of the subway fleet is now more than 30 years old and about 40 …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesXIV.4.B Establishment and Closing of Bank Accounts – XIV. Special Procedures
… Agency Request It is the agency’s responsibility to request to establish a bank … It is the agencys responsibility to request to establish a bank …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv4b-establishment-and-closing-bank-accountsDiNapoli Releases Review of Executive Budget
… Although the state Division of the Budget (DOB) forecasts in the State Fiscal Year (SFY) … remain in balance for the next five years, the direction of the pandemic, inflation, and supply chain issues all … Thomas P. DiNapoli. The budget also proposes billions of dollars in spending that would bypass critical oversight …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetState Contract and Payment Actions in November
… In November, the Office of the State Comptroller approved 1,384 contracts for state … . The Governor’s Executive Order 202 suspended the Office of the State Comptroller’s review and approval of contracts related to the COVID-19 crisis through Jan. 1, … In November the Office of the State Comptroller approved 1384 contracts for state …
https://www.osc.ny.gov/press/releases/2020/12/state-contract-and-payment-actions-novemberDiNapoli: NYC DOE Faces Significant Challenges in Closing COVID Achievement Gap
… The COVID-19 pandemic has widened the achievement gap that exists for students across the nation. Unprecedented … the city of New York with an opportunity to begin closing that gap for the more than one million students attending New York City’s public schools. That opportunity cannot be squandered. The City should avoid …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-nyc-doe-faces-significant-challenges-closing-covid-achievement-gap