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XIV.4.B Establishment and Closing of Bank Accounts – XIV. Special Procedures
… Operations Cash Management Unit (BSAO CMU) to establish a new bank account through a request in writing. Upon receipt … is necessary for its operations. To ensure that each new account is established consistent with the overall … where applicable; Justification for establishing the new account; Estimated initial balance; Estimated maximum …
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) 2022-23 Executive Budget that the … grants. The budget also eliminates the Comptroller’s contract oversight and State Finance Law competitive bidding …
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 … to MVP Consulting Plus Inc. and $6.5 million to 28 other vendors. Department of Health $57.5 million for purchases to … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly …
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
… budget, according to a report released today by New York State Comptroller Thomas P. DiNapoli. The city has expanded … pandemic was the city’s out-year projections of growth in State education aid. After significant budget uncertainty … throughout the first half of FY 2021, federal aid and state legislation have buoyed the DOE’s FY 2022 budget. The …
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
… in New York City’s securities industry, according to State Comptroller Thomas P. DiNapoli’s annual report on Wall … The securities industry comprised 6.8% of New York state’s economy in 2020. And in city fiscal year (FY) 2021, …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsState Contract and Payment Actions in June
… In June, the Office of the State Comptroller approved 1,487 contracts for state agencies … to MVP Consulting Plus Inc. and $6.9 million to 34 other vendors. $1.2 million for purchases to support the COVID-19 … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly …
https://www.osc.ny.gov/press/releases/2021/07/state-contract-and-payment-actions-juneNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to keeping New Yorkers regularly updated on the state’s economy and finances. Subscribe to get the latest … total, while in New York they represent 41 percent of the State’s total. An even smaller sub-set of business …
https://www.osc.ny.gov/reports/covid-19-july-22-2020State Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … could have saved $3,800 if it had purchased propane at state contract prices. Auditors also determined the board did not …
https://www.osc.ny.gov/press/releases/2020/06/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli Releases Analysis of SFY 2024-25 State Budget
… The estimated $237 billion Enacted Budget for State Fiscal Year (SFY) 2024-25 increases spending for … financial outlook includes several risks, according to a report by State Comptroller Thomas P. DiNapoli. “This year’s … revenues were from the PIT. These revenues rely on a small number of taxpayers whose sources of income are subject to …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-releases-analysis-sfy-2024-25-state-budgetDiNapoli: State Budget Boosts Education Aid and Enacts Paid Family Leave but Falls Short on Ethics Reform and Transparency
… The recently enacted fiscal year 2016-17 state budget includes a $1.4 billion increase in school aid, … personal income tax cuts for most taxpayers, but adds to state debt and shifts significant spending off-budget and to … related to CUNY employees who have been working without a contract for more than five years; Ethics and campaign …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-state-budget-boosts-education-aid-and-enacts-paid-family-leave-falls-short-ethics-reform-andComptroller DiNapoli and A.G. Schneiderman Announce Indictment of NYC Councilman Ruben Wills In Public Corruption Scheme
… New York State Comptroller Thomas P. DiNapoli and New York State Attorney General Eric T. Schneiderman today announced … chief of staff. To obtain that money, NY 4 Life signed a contract with OCFS, promising to conduct four public service …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-and-ag-schneiderman-announce-indictment-nyc-councilman-ruben-wills-publicState Contract and Payment Actions in June
… In June, the Office of the State Comptroller approved 1,449 contracts for state agencies … Technology Services Inc. and $7.4 million to 26 other vendors. $1.7 million for purchases to support the COVID-19 …
https://www.osc.ny.gov/press/releases/2022/07/state-contract-and-payment-actions-juneRisk Assessment and Implementation of Measures to Address Extreme Weather Conditions
… Company (MTA Bus), and New York City Transit-Department of Buses (Transit Bus)—identified the potential damage to its … systems and developed plans to mitigate the effect of extreme weather conditions and flooding; and whether the … the Chair of the MTA appointed a Blue Ribbon Commission on Sustainability and the MTA (Blue Ribbon Commission), which …
https://www.osc.ny.gov/state-agencies/audits/2025/01/02/risk-assessment-and-implementation-measures-address-extreme-weather-conditionsDiNapoli Report Highlights MTA's Significant Needs
… needed to restore the MTA’s operating revenue. Subway One of the most important priorities for improving subway … by track problems increased to 24,440 in 2023, after two years of declines. In 2022, track problems caused 19% of … supports, roof slab, HVAC and drainage system. It is one of MTA’s most pressing priorities for Metro-North, with …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-report-highlights-mtas-significant-needsState Comptroller DiNapoli Releases Municipal Audits
… the following local government audits were issued. Town of Sherburne – Budgeting (Chenango County) The budgets … Trust Funds The treasurer delayed turning over $44,940 of abandoned property to the State Comptroller for three … a certain capital project and was not fully transparent on the anticipated project costs. As a result, original …
https://www.osc.ny.gov/press/releases/2025/05/state-comptroller-dinapoli-releases-municipal-auditsInvesting 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.pdfChild Care in NY Challenged by Staff Shortages, High Prices and Too Few Slots
… families statewide, according to a new report released by State Comptroller Thomas P. DiNapoli. “The pandemic’s disruption of the state’s child care industry is far from over,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2025/02/child-care-ny-challenged-staff-shortages-high-prices-and-too-few-slots2025ABC State of New York General Obligation Bonds, March 2025 (POS)
Under State law, the Bonds are legal investments for State-chartered banks and trust companies, savings banks, ins. comp., fiduciaries and investment companies and may be accepted by the State Comptroller and the State Superintendent of Fin. Serv. where the deposit of obligations is required by law.
https://www.osc.ny.gov/files/debt/pdf/nys-go-2025abc-pos.pdf2025ABC State of New York General Obligation Bonds, March 2025
Under State law, the Bonds are legal investments for State-chartered banks and trust companies, savings banks, ins. comp., fiduciaries and investment companies and may be accepted by the State Comptroller and the State Superintendent of Fin. Serv. where the deposit of obligations is required by law.
https://www.osc.ny.gov/files/debt/pdf/nys-go-2025abc-os.pdf