Search
Bemus Point Central School District - Financial Management (2019M-216)
… Adopt budgets that include reasonable estimates for appropriations and the amount of fund balance that will …
https://www.osc.ny.gov/local-government/audits/school-district/2020/02/14/bemus-point-central-school-district-financial-management-2019m-216DiNapoli Releases January State Cash Report
… continue to be higher than expected and spending is well below projections,” said DiNapoli. “There is rising uncertainty about economic conditions that we are watching closely, but for now our financial position remains …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-january-state-cash-reportDiNapoli: New York State Fourth Nationwide in Credit Card Debt
… New York state ranked fourth nationwide in credit card debt at $58.2 billion in 2017, according to a report released today by State Comptroller Thomas P. DiNapoli. Although credit card debt declined significantly in the state from … New York state ranked fourth nationwide in credit card debt at $582 billion in 2017 according to a …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-new-york-state-fourth-nationwide-credit-card-debtDiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… System (NYSLRS) employer contribution rates will decrease for fiscal year 2016-17 and the assumed rate of return for NYSLRS will be lowered from 7.5 percent to 7 … Retirement System (ERS) will decrease from 18.2 percent of payroll to 15.5 percent, or about 15 percent. While the …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnDiNapoli: NYC Tax Collections Stronger Than Anticipated
… New York City is projecting a surplus of $3.5 billion in fiscal year (FY) 2019, which it plans to use to help … resources from the citywide savings program, a reduction in unneeded reserves in the current fiscal year and higher-than-expected revenues, … New York City is projecting a surplus of $35 billion in fiscal year FY 2019 which it plans to use to help balance …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-nyc-tax-collections-stronger-anticipatedDiNapoli Proposes More Transparency for Fire Protection Costs
… negotiations with any town, village or fire district. "Many communities rely on the efforts of volunteer fire … York's system for providing fire protection is complex. It can lead to lack of civic understanding, limited participation in budget hearings and special elections, and not enough …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-proposes-more-transparency-fire-protection-costsIX.12.C State Responsibility – IX. Federal Grants
… partners with the Office of the State Comptroller (OSC) on virtually all aspects of implementation. OSC is … firm to assist state agencies with CMIA implementation on an as-needed basis, and provides for payment or receipt of … outside the control of individual state agencies. However, on rare occasion inefficient cash management practices by one …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12c-state-responsibilityDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… announced today an estimated 13.02 percent rate of return for the New York State Common Retirement Fund (Fund) now … at an estimated $176.2 billion, the highest amount ever, for fiscal year ending March 31, 2014. “It was a stellar year for us. The Fund grew in value to a historic high of $176.2 …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionDiNapoli Statement on the MTA's July Financial Plan
… regarding the Metropolitan Transportation Authority’s July Financial Plan . “The MTA’s revised ridership … and plan for long-term service challenges. The MTA’s July financial presentation shows operating budget gaps when … regarding the Metropolitan Transportation Authoritys July Financial Plan …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-statement-mtas-july-financial-planDiNapoli: Tax Revenues Through May $4 Billion Over Enacted Budget Projections
… the first two months of the state fiscal year is good news and gives reason for optimism about the economic …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-tax-revenues-through-may-4-billion-over-enacted-budget-projectionsDiNapoli Announces Sale of $636 Million State of New York General Obligation Bonds
… acts: Environmental Quality (1986), Clean Water / Clean Air (1996), and Smart Schools (2014). The Series 2021A … acts: Environmental Quality (1986), Clean Water / Clean Air (1996), Rebuild and Renew New York Transportation (2005) …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-announces-sale-636-million-state-new-york-general-obligation-bondsXVI.3.I Budgetary Presentation – XVI. Financial Reporting
… - Combined Schedule of Cash Receipts and Disbursements for the General Fund and the major Special Revenue Funds and … comparison be included in the financial statements for the general fund and major special revenue funds. The … plan with the actual cash receipts and disbursements for the year. The cash basis financial plan is presented as a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3i-budgetary-presentationDiNapoli: State's Financial Hole Deepens, Tax Revenues Trail $3.2 Billion in 2020
New York State Comptroller Thomas P DiNapoli today said that state tax receipts are $32 billion lower than last year as he released the State Cash Report for August
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-states-financial-hole-deepens-tax-revenues-trail-32-billion-2020DiNapoli Announces Sale of $914.3 Million State of New York General Obligation Refunding Bonds
State Comptroller Thomas P DiNapoli today announced the sale of $9143 million State of New York General Obligation Series 2019B Refunding Bonds
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-announces-sale-9143-million-state-new-york-general-obligation-refunding-bondsDiNapoli: State Tax Revenues Down $3 Billion Through July
… State tax receipts of $26.4 billion through the first four months of the state fiscal year were $3 billion, or 10.2 percent, below the same period … billion, lower. Sales tax receipts of $4 billion for the first four months were down $1.2 billion from a year earlier, …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-state-tax-revenues-down-3-billion-through-julyDiNapoli: Local Sales Tax Collections Drop Over 32 Percent in May
… Sales tax revenue for local governments in May fell 32.3 percent compared to the same period last year, according to State Comptroller Thomas P. DiNapoli. Sales tax collections for counties and cities in May totaled … Sales tax revenue for local governments in May fell 323 …
https://www.osc.ny.gov/press/releases/2020/06/dinapoli-local-sales-tax-collections-drop-over-32-percent-mayCapital – 2023 Financial Condition Report
… investment program can support healthy economic growth, while the deterioration of capital assets can weaken the State’s economy and its ability to attract and retain business. Capital assets include not … funded directly from State-supported bond proceeds, while figures for the Division of the Budget’s projections …
https://www.osc.ny.gov/reports/finance/2023-fcr/capitalNursing Home Surveillance (Follow-Up)
… included in our initial audit report, Nursing Home Surveillance ( 2015-S-26 ). Background The Department of Health (Department) oversees nursing home facilities in New York State through its Division of … State regulations and procedures for conducting nursing home surveys and whether survey processes, including the …
https://www.osc.ny.gov/state-agencies/audits/2018/03/08/nursing-home-surveillance-followContract With Shorefront Mental Health Board – Compliance With Prevailing Wage Law
… outpatient facilities are operated by OMH’s South Beach Psychiatric Center. This contract was procured under OMH’s “Buy OMH” …
https://www.osc.ny.gov/state-agencies/audits/2014/10/28/contract-shorefront-mental-health-board-compliance-prevailing-wage-lawOverpayments for Services Also Covered by Medicare Part B (Follow-Up)
… Purpose To determine the extent of implementation of the two … and public housing centers, that provide medical services to underserved areas or populations. Our initial audit … $1 million in potential recoveries were likely lost due to the inaction on overpayments for claims that are now more …
https://www.osc.ny.gov/state-agencies/audits/2015/06/26/overpayments-services-also-covered-medicare-part-b-follow