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Resources and Responsibilities: New York State’s Environmental Funding
… approvals are not processed timely, potentially hampering job creation and economic growth. For all these reasons and …
https://www.osc.ny.gov/reports/resources-and-responsibilities-new-york-states-environmental-fundingHousing 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.pdfState Fiscal Year 2022-23 Enacted Budget Analysis
… received historic federal financial assistance and enacted tax increases. Economic performance also surpassed … Percent Change Amount Percent Change Personal Income Tax $53,659 $54,967 2.4% $70,737 28.7% $48,551 -31.4% -$5,108 … in subsequent years. The Enacted Budget also includes two tax measures to incentivize creation of additional child care …
https://www.osc.ny.gov/reports/state-fiscal-year-2022-23-enacted-budget-analysisDiNapoli: 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
… The city of Buffalo’s finances have stabilized in recent years because of … of fiscal profiles on municipalities across the state. “Buffalo’s finances are trending in the right direction,” said … instrumental in creating a positive fiscal outlook for Buffalo, but there are a number of red flags they should be …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-buffalos-financial-condition-improvesOpinion 91-51
… Systems v O'Rourke , 134 Misc 2d 45, 509 NYS2d 988, 994, mod on other grounds 131 AD2d 650, 516 NYS2d 903, mod on other grounds 129 AD2d 76, 516 NYS2d 940). You have …
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 … Authority is facing the greatest crisis in its long history with few viable options without federal funding to …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-mta-faces-worst-financial-crisis-historyAccounting 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.pdfInvesting 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
… to the extent it may be inconsistent with this opinion. December 31, 1999 Herbert A. Kline, Esq., Town Attorney Town …
https://www.osc.ny.gov/legal-opinions/opinion-99-16Opinion 90-54
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … Concerning the procedures for the equitable distribution of retirement benefits payable …
https://www.osc.ny.gov/legal-opinions/opinion-90-54State Contract and Payment Actions in October
… of the Attorney General $5.5 million with B/A Investors LLC for office space in Albany County. $1.2 million with Duff … Fidelity Distributors Company LLC. $5.7 million with The Bank of New York Mellon for trustee services for the NYS … assistance, which includes $2.1 million for the Food Bank for New York City, and $1.4 million for the Food Bank of …
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
… If new funding sources for the Metropolitan Transportation Authority (MTA) are not identified, the authority may have to raise fares and tolls faster than planned to improve a … If new funding sources for the Metropolitan Transportation Authority MTA are not …
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
… the agency’s responsibility to request to establish a bank account. Each agency must obtain authorization from the OSC … Cash Management Unit (BSAO CMU) to establish a new bank account through a request in writing. Upon receipt of the agency's formal request for a bank account, OSC will evaluate the request to determine if the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv4b-establishment-and-closing-bank-accountsDiNapoli Releases Review of Executive Budget
… of a new pass-through entity tax and the authorization for mobile sports betting. The Executive Budget includes revenue …
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 agencies … In November the Office of the State Comptroller approved 1384 contracts for state agencies …
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
… federal investment has provided an opportunity to meet short-term challenges, but it won’t last forever. I urge the … education services ($532 million), the expansion of mental health services for students ($300 million) and an expansion … rapid changes to programming have compounded the negative effects on student learning. The pandemic’s impact on …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-nyc-doe-faces-significant-challenges-closing-covid-achievement-gapDiNapoli: Wall St. 2021 Profits near Record Levels
… Wall Street’s run of prosperity extended into the first half of … DiNapoli’s annual report on Wall St.’s performance. “Wall Street’s success during the pandemic has benefited New York’s … Street’s record activity, we need to ensure New York’s Main Street, and its other vital sectors, are also …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levels