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State Contract and Payment Actions in February
… Comptroller approved 2,012 contracts for state agencies and public authorities valued at $7.2 billion and approved nearly 2.9 million payments worth more than $12.7 billion. The office rejected 152 contracts and related transactions valued at $205.8 million and nearly …
https://www.osc.ny.gov/press/releases/2023/03/state-contract-and-payment-actions-februaryNew York State Comptroller DiNapoli Statement in Response to Majority Support at Exxon Annual Meeting
… Retirement Fund, released the following statement today in response to a majority shareholder vote of 62.3 percent in … from consideration at its 2016 annual meeting was rejected by the U.S. Securities and Exchange Commission. That year it … New York State Common Retirement Fund is the third largest public pension fund in the United States, with an estimated …
https://www.osc.ny.gov/press/releases/2017/05/new-york-state-comptroller-dinapoli-statement-response-majority-support-exxon-annual-meetingDiNapoli: MTA Budget Gaps Return
… Authority (MTA) now faces growing fiscal uncertainties and risks that create projected budget gaps that start at $211 million this year and increase to $652 million in 2028, according to a new … the MTA’s expenses reflect growing costs for payroll and benefits, debt service, paratransit, and supplies and …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-returnNew York State Health Insurance Program – Payments by Empire BlueCross for Hospital Services for Ineligible Members
… and Accounting System (NYBEAS) as the system of record for member enrollment and eligibility information, and notifies Empire of any changes in a member’s status. Many contracts that Empire negotiates with … of members who are retroactively disenrolled (i.e., when a member is disenrolled after the date their coverage ended; …
https://www.osc.ny.gov/state-agencies/audits/2020/08/18/new-york-state-health-insurance-program-payments-empire-bluecross-hospital-servicesState Contract and Payment Actions in March
… to support the COVID-19 pandemic response, including video conferencing subscription services. Office for People …
https://www.osc.ny.gov/press/releases/2021/04/state-contract-and-payment-actions-marchDiNapoli: Audit Reveals Questionable Financial Decisions, Lack of Transparency in Hempstead School District
… necessary to perform their job responsibilities. A full list of recommendations and the response from district …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-audit-reveals-questionable-financial-decisions-lack-transparency-hempstead-school-districtVillage of Clinton – Financial Management (2014M-316)
… Purpose of Audit The purpose of our audit was to determine if the Board provided adequate oversight of the … reconcile all cash balances in the accounting records to bank balances monthly and establish and maintain …
https://www.osc.ny.gov/local-government/audits/village/2015/01/02/village-clinton-financial-management-2014m-316Selected Aspects of Inspecting and Licensing Radioactive Materials and Radiation Equipment
… Purpose To determine whether the New York City Department of Health and Mental Hygiene (DoHMH) … medicine and other industries. Under an agreement between New York State and the U.S. Nuclear Regulatory Commission, … and possession of radioactive materials and equipment in New York City, and is responsible for the scientific review …
https://www.osc.ny.gov/state-agencies/audits/2018/08/21/selected-aspects-inspecting-and-licensing-radioactive-materials-and-radiation-equipmentCentral Islip Union Free School District – Financial Management (2013M-380)
… was to assess the Board’s oversight and management of the District’s budgets and financial condition for the period July 1, 2012 through June 30, 2013. Background The Central Islip Union Free School District is located in Suffolk County. The District is …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/21/central-islip-union-free-school-district-financial-management-2013m-380State Comptroller DiNapoli Releases Municipal Audits
… funds for non-capital expenditures. Town of Bolton – Urban Development Action Grant (UDAG) Repayment Funds (Warren … to use the money as revolving loans for local business development. McLean Fire Department – Financial Operations …
https://www.osc.ny.gov/press/releases/2018/05/state-comptroller-dinapoli-releases-municipal-audits-1NY State Comptroller DiNapoli Statement on Pew Charitable Trusts Ranking State Pension Fund One of Top in Nation
… million members, retirees and their families rely on us for their financial security in retirement, and we're making … portfolio of public and private equities, fixed income, real estate and alternative instruments. … The financial health of …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-statement-pew-charitable-trusts-ranking-state-pension-fund-one-topAccidental Death Benefit – En-Con Police Officers Plan
… for benefit payments, and the payments made to that time do not equal or exceed the amount of the ordinary death …
https://www.osc.ny.gov/retirement/publications/1822/accidental-death-benefitWhat is the Real Property Tax Cap?
… data to compute the tax cap; and establishing requirements for reserves of excess funds. For more information, see Overview of the Office of the New …
https://www.osc.ny.gov/local-government/property-tax-cap/what-real-property-tax-capCampbell-Savona Central School District – Budget Review (B2-16-6)
… the significant revenue and expenditure projections in the District’s tentative budget for the 2016-17 fiscal year are reasonable. Background The Campbell-Savona Central School District was authorized to issue debt totaling …
https://www.osc.ny.gov/local-government/audits/school-district/2016/04/13/campbell-savona-central-school-district-budget-review-b2-16-6State Comptroller DiNapoli Releases Municipal & School Audits
… today announced the following local government and school audits were issued. Village of Ocean Beach – Credit Card … today announced the following local government and school audits were issued …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-auditsThe 80/20 Housing Program (Follow-Up)
… Purpose To determine the extent of implementation of the … the Housing Finance Agency (HFA). HFA's mission is to create and preserve high-quality, affordable, multifamily …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/8020-housing-program-followOpinion 96-2
… This opinion represents the views of the Office of the State Comptroller at the time it was … voters (compare, Greater Poughkeepsie Library District v Town of Poughkeepsie , 81 NY2d 574, 601 NYS2d 94). The … is defined by Real Property Tax Law, §102(16) as: a town or county improvement district, district corporation or …
https://www.osc.ny.gov/legal-opinions/opinion-96-2Theresa Fire District – Board Oversight and Financial Management (2021M-60)
… - pdf ] Audit Objective Determine whether the Theresa Fire District (District) Board of Fire Commissioners (Board) … fund balance. The Treasurer did not maintain adequate accounting records or provide regular financial reports to … on historic trends. Develop and adopt financial plans for maintaining a reasonable level of fund balance. District …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/06/18/theresa-fire-district-board-oversight-and-financial-management-2021m-60Opinion 88-73
… opinion. IMPROVEMENT DISTRICTS -- Reserve Fund (authority to establish) MUNICIPAL FUNDS -- Capital Reserve Fund … fund for improvement district purposes. This is in reply to your letter asking whether a town of the second class may … note that suburban towns are authorized by Town Law, §55-a to establish such a fund. There is no general authorization …
https://www.osc.ny.gov/legal-opinions/opinion-88-73DiNapoli Announces Unprecedented Support for Climate Actions During 2021 Proxy Season
… Inc. , medical supply company McKesson Corp. , commercial real estate company Realty Income Corp. and Advance Auto Parts Inc … clarifying how the Fund reviews companies’ preparedness for the transition to a low-carbon economy, and delineating …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-season