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The Changing Face of Post-Pandemic New York City
… and after the COVID-19 pandemic are changing the face of New York City and highlight significant policy implications … forward, according to a report released today by New York State Comptroller Thomas P. DiNapoli. “Ongoing changes to the …
https://www.osc.ny.gov/press/releases/2023/12/changing-face-post-pandemic-new-york-cityState Comptroller DiNapoli Releases Municipal & School Audits
… University Preparatory Charter School for Young Men – Payroll (Monroe County) School officials did not always … employees or require adequate support for hours worked as payroll errors went undetected and resulted in unnecessary … Auditors reviewed policies and documents and examined payroll-related records for 25 of the 138 individuals …
https://www.osc.ny.gov/press/releases/2023/12/state-comptroller-dinapoli-releases-municipal-school-auditsState Comptroller DiNapoli Releases School Audits
… District and the Williamsville Central School District . “In an era of limited resources and increased accountability, … budget process to help ensure fund balance is maintained in accordance with statutory requirements and reserves … an average of almost $2.2 million as a financing source in the district’s annual budgets. However, because the …
https://www.osc.ny.gov/press/releases/2016/12/state-comptroller-dinapoli-releases-school-auditsAbout this Report – 2022 Financial Condition Report
… the 25th year when it received the Award for Outstanding Achievement in Popular Annual Financial Reporting from the …
https://www.osc.ny.gov/reports/finance/2022-fcr/about-reportXII.6.A.A Using the Real Estate Module to Pay Lease Vouchers – XII. Expenditures
… added functionality to allow for the management of Real Estate assets and leases. This section provides New York … Accounts Payable module for leases utilizing the SFS Real Estate module. Scheduling the creation of lease vouchers via …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6aa-using-real-estate-module-pay-lease-vouchersDiNapoli: Economic and Tax Collection Growth Slowing in New York City
… New York City ended its 2016 fiscal year on June 30 with an estimated … the city’s expectations in 2016, it is slowing after record gains over the past two years. The tourism and retail sectors have been affected by the stronger …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityComptroller DiNapoli Releases Municipal Audits
… municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … (St. Lawrence County) The town did not have enough cash to pay all of its bills at the end of fiscal years 2012 or … not provide sufficient oversight of the town bookkeeper to ensure that the town’s records were reliable and to …
https://www.osc.ny.gov/press/releases/2014/10/comptroller-dinapoli-releases-municipal-audits-2State Comptroller DiNapoli Releases School District Audits
… no supporting documents or they lacked key information. Oswego City School District – Separation Payments (Oswego County) District officials did not accurately …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-dinapoli-releases-school-district-auditsDiNapoli: School District Budget Voter Participation More Than Tripled During COVID-19 Lockdown
… Voter participation for school district budgets statewide more than tripled to 1.6 … votes cast amid the COVID-19 lockdown for the 2020-21 school budget year, after in-person voting was temporarily … in greater numbers to approve the vast majority of school district budgets. We need to embrace smart actions …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-school-district-budget-voter-participation-more-tripled-during-covid-19-lockdownDiNapoli: End of Continuous Medicaid Enrollment Requirement Poses Risks to State Financial Plan
… in the Division of the Budget’s (DOB) Mid-Year Update to the Enacted Budget Financial Plan, adding costs to the state budget. “Increased enrollment in Medicaid is one … are removed from Medicaid coverage and make every effort to help people renew their coverage in public and private …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-end-continuous-medicaid-enrollment-requirement-poses-risks-state-financial-planVII.9 Overview – VII. State Revenues and Appropriated Loan Receivables
… Fringe Benefits and Indirect Costs will be paid from Federal and other dedicated revenue funds of the State. Fringe Benefits costs refer to those disbursements incurred …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9-overviewVII.9 Fringe Benefits and Indirect Costs – VII. State Revenues and Appropriated Loan Receivables
… revenue funds of the State. Fringe Benefits costs refer to those disbursements incurred by the State for the benefit … implementation of the FBIC Automation Process, agencies have also been given an FBIC WorkCenter Dashboard as a … detail data prior to the FBIC Automation , Agency AP users have been granted access to the Accounts Receivable and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9-fringe-benefits-and-indirect-costsDiNapoli Urges NYC to Continue to Prepare for Shifting Fiscal Landscape
… federal aid, a record year for pension returns in FY 2021 and savings from lower-than-planned staffing levels. … much stronger-than-expected pension investment gains in FY 2021, but that did not continue in FY 2022. DiNapoli’s …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-urges-nyc-continue-prepare-shifting-fiscal-landscapeDiNapoli: New York City Budget Surplus on Pace to Grow Another $2.4 Billion from April Projections
… $2.4 billion in operating surplus in city fiscal year (FY) 2022 compared to the Executive Budget released in April. … chain issues, according to an analysis released today by State Comptroller Thomas P. DiNapoli. DiNapoli urged the city to put a substantial portion of the surplus funds into reserves and protect itself against …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-new-york-city-budget-surplus-pace-grow-another-24-billion-april-projectionsDiNapoli: Debt Adding to MTA's Financial Pressures With Riders and Fare Revenue Slow to Return
… and put off paying down its debt for capital projects may save money in the short-term, but those bills will … then debt service could rise to $4.9 billion by 2031. 20% of total MTA revenue will be used to pay down debt from … back as the 2010 plan. Based on the pace of commitments in 2022, it would take MTA until 2028 to commit these funds and …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-debt-adding-mtas-financial-pressures-riders-and-fare-revenue-slow-returnState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … $231,174 to 20 vendors without obtaining the required number of quotes as required by their purchasing policy. The …
https://www.osc.ny.gov/press/releases/2017/11/state-comptroller-dinapoli-releases-municipal-auditsAlternate Contribution Stabilization Program
… Overview Legislation enacted as part of the State budget (Chapter 57, Part BB, Laws of 2013) … owe a graded payment, it cannot be discounted for paying early. Graded payments will first be used to pay off existing …
https://www.osc.ny.gov/retirement/employers/alternate-contribution-stabilization-programTown of Hopewell – Fund Balance and Budget Monitoring (2013M-231)
… surplus funds are reasonable. Adopt balanced budgets with realistic estimates of anticipated revenues, …
https://www.osc.ny.gov/local-government/audits/town/2014/01/10/town-hopewell-fund-balance-and-budget-monitoring-2013m-231Oversight of the Farm-to-School Program (Follow-Up)
… educational institutions. The Department competitively awards grant funding to schools for projects based on several … the success of each project. For example, recipients may use funds to hire farm-to-school coordinators whose … Program goals. We generally attributed these findings to a breakdown in monitoring functions as well as a lack of …
https://www.osc.ny.gov/state-agencies/audits/2022/09/08/oversight-farm-school-program-followDiNapoli: Tax Cap Set at 2% in 2023
… The tax cap, which first applied to local governments and school districts in 2012, limits annual tax levy increases to …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-tax-cap-set-2-percent-2023