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DiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
The State Fiscal Year SFY 202122 Enacted Budget Financial Plan shows a remarkable improvement in the states financial condition as cumulative fouryear budget gaps estimated at $387 billion just four months ago have been reduced to $34 billion according to a report released today
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reservesOpinion 95-11
… or statutory amendments that bear on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Compensation … law or administrative code to the contrary, and except in police departments which employ five hundred seventy-five … ranking subordinate to the head of the police department in such unit, is increased, the salary of the permanent …
https://www.osc.ny.gov/legal-opinions/opinion-95-11Comptroller DiNapoli Releases Municipal Audits
… of Valley Stream and the Village of Washingtonville . "In today's fiscal climate, budget transparency and … not be conducting inspections of all eligible businesses in the county and fines are being imposed below the maximum … and complete, and no material discrepancies were found. In addition, auditors found that the treasurer established …
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-municipal-audits-0State Comptroller DiNapoli Releases Municipal Audits
… City of Troy and the West Ghent Volunteer Fire Company . "In today's fiscal climate, budget transparency and … that the significant revenue and expenditure projections in the tentative budget were reasonable and the town's 2018 … or services that may not be for valid authority purposes. In addition, the account clerk is authorized to use their …
https://www.osc.ny.gov/press/releases/2017/11/state-comptroller-dinapoli-releases-municipal-auditsComptroller DiNapoli and Attorney General Schneiderman Announce Sentencing of Former Met Council Director
… former executive director and chief executive officer of the Metropolitan Council on Jewish Poverty (Met Council), … sentence sends the message that there has to be one set of rules for everyone, no matter how rich or powerful, and … from abusing the public trust and cheating charities out of the funds they need to perform vital services.” "The fraud …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-and-attorney-general-schneiderman-announce-sentencing-former-met-councilState Comptroller DiNapoli Releases Analysis of Enacted State Budget
… today by State Comptroller Thomas P. DiNapoli. At the end of March, the Division of the Budget (DOB) also made the first deposit into the … On-budget revenue actions include extension for five years of the top Personal Income Tax rate on upper-income earners, …
https://www.osc.ny.gov/press/releases/2019/04/state-comptroller-dinapoli-releases-analysis-enacted-state-budgetState Comptroller DiNapoli Releases Municipal Audits
… Walden Fire District #2 and the West Niles Fire Company . "In today's fiscal climate, budget transparency and … revealed five employees were overpaid a total of $902. In addition, the village under-budgeted for overtime in the 2016-17 fiscal year by $284,608 or 43 percent. Town of …
https://www.osc.ny.gov/press/releases/2018/01/state-comptroller-dinapoli-releases-municipal-auditsComptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … in compliance with the town’s procurement policy, and used for proper Town purposes. The board also did not provide … the mail and forward all money received to a board member for deposit. However, there was no audit trail beginning with …
https://www.osc.ny.gov/press/releases/2014/12/comptroller-dinapoli-releases-municipal-audits-1Comptroller DiNapoli Releases Municipal Audits
… of Richmondville , Village of Suffern and Ulster County . “In today’s fiscal climate, budget transparency and … Receivables for Water Operations (Saratoga County) In 2013, the board attempted to improve the segregation of … (2014M-66) The Industrial Development Agency was effective in its efforts to promote, develop, and assist in economic …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-releases-municipal-audits-1DiNapoli: Rechargeable Battery Use Rising Dramatically, But State Not Enforcing Recycling Law Requirements
… if they are not properly recycled. If they’re just put in the garbage and enter the waste stream, they can end up in landfills and their chemicals can leak into public water … batteries can ignite or explode if they are damaged in the waste stream and were the cause of a six-alarm fire on …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-rechargeable-battery-use-rising-dramatically-state-not-enforcing-recycling-law-requirementsState Comptroller DiNapoli Releases Municipal Audits
… , Manorville Fire District , Town of Mentz , City of Olean and the Town of Thurman . "In today's fiscal climate, budget transparency and accountability for our local communities is a top … priority," said DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the …
https://www.osc.ny.gov/press/releases/2017/03/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… withdrawn by the Fund. Climate Risk Shareholder Proposals in 2022 GHG Reduction Targets DiNapoli filed proposals … has committed to adopting science based GHG targets in line with a 1.5 C degree future. DiNapoli’s proposals … GHG emissions reductions from corporations have resulted in agreements with numerous companies over the years, …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksImplications for the Future – 2021 Financial Condition Report
… a high level of uncertainty with regard to the pace of the recovery and its impact on tax revenues and spending on … projected that tax revenues would not again reach the SFY 2019-20 level until SFY 2023-24. However, total tax … and Washington. The State Relies Heavily on a Small Segment of Taxpayers New York State’s budget relies heavily …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureDiNapoli Releases Analysis of 2022-23 Enacted State Budget
… better-than-expected revenues allowed for a steep increase in spending in the $220.5 billion enacted state budget for State Fiscal … programs. DiNapoli expressed concerns about the growth in capital spending and debt. He also cautioned that many … betterthanexpected revenues allowed for a steep increase in spending in the $2205 billion enacted state budget for …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-analysis-2022-23-enacted-state-budgetNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is committed to … updated on the state’s economy and finances. Subscribe to get the latest update. Subscribe Read Prior Editions …
https://www.osc.ny.gov/reports/covid-19-october-14-2020Death Benefits
… New York State, a Survivor’s Benefit. When you die, your survivors should contact us as soon as possible. Survivors can report the death of a retiree by using our … You can find important information for you and for your survivors in our publication, Getting Your Affairs in Order …
https://www.osc.ny.gov/retirement/retirees/death-benefitsDiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… directors and executives. 2024 Stewardship Priorities The release of the Fund's 2024 Stewardship Priorities continues … For example, the Fund recently announced in advance of the Starbucks’ annual meeting that the Fund would vote against …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesState Comptroller DiNapoli Adds $3 Billion to the State Pension Fund’s Sustainable Investment Program
… change," DiNapoli said. "The current Administration in Washington may have withdrawn from the Paris Agreement, but in New York ‘We Are Still In’ and committed to making the Paris Agreement’s goals a …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-adds-3-billion-state-pension-funds-sustainable-investment-programOpen Educational Resources
… Educational Resources (OER) funds to establish, sustain, and enhance new and ongoing OER initiatives at its colleges to help defray textbook costs for students, and whether the OER initiatives adequately engaged faculty in … Open Educational Resources OER funds to establish sustain and enhance new and ongoing OER initiatives at its colleges …
https://www.osc.ny.gov/state-agencies/audits/2025/03/27/open-educational-resourcesDiNapoli Announces State Contract and Payment Actions for January 2017
… office approved 1,399 contracts valued at $2.62 billion and approved nearly 2 million payments worth nearly $9.9 … billion in January. His office also rejected 196 contracts and related transactions valued at $1.1 billion and nearly 1,200 payments valued at nearly $14.4 million due …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-announces-state-contract-and-payment-actions-january-2017