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NYC Budget Benefiting From Strong Tax Collections
… New York City’s latest financial plan projects a surplus of nearly $3.7 billion for the fiscal year ending June 30, … in FY 2018 (the fastest in three years), boosted by a near doubling of capital gains and the strength of the city’s … to: http://osc.state.ny.us/osdc/rpt2-2019.pdf Find out how your government money is spent at Open Book New York . Track …
https://www.osc.ny.gov/press/releases/2018/06/nyc-budget-benefiting-strong-tax-collectionsDiNapoli Releases Analysis of State Budget Financial and Capital Plans
… ended the last year with the largest General Fund balance in recent years, but continues to face real fiscal … add to our reserves, leaving the state with little cushion in the event of an economic downturn." The $170.3 billion … of the $9.4 billion General Fund balance from SFY 2017-18 in the current fiscal year, and that General Fund reserves …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-releases-analysis-state-budget-financial-and-capital-plansDiNapoli Releases Report on Municipalities Close to Exceeding Tax Limits
… or nearly 17 percent. Eight of the 527 villages reporting (1.5 percent), and two counties out of 57 reporting (3.5 … (100 percent), Yonkers (92.7 percent), Lackawanna (90.9 percent), Ogdensburg (89.6 percent), Fulton (89.2 percent), Binghamton (89.1 percent), Gloversville (87.9 …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-releases-report-municipalities-close-exceeding-tax-limitsComptroller DiNapoli Releases Municipal Audits
… days. Village officials also did not bill two commercial customers because those customers had broken water meters. As a result, one … monthly financial reports for the board’s review; complete bank reconciliations; and submit an accounting of the …
https://www.osc.ny.gov/press/releases/2015/01/comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases Municipal Audits
… days. Village officials also did not bill two commercial customers because those customers had broken water meters. As a result, one … monthly financial reports for the board’s review; complete bank reconciliations; and submit an accounting of the …
https://www.osc.ny.gov/press/releases/2015/01/comptroller-dinapoli-releases-municipal-auditsNational Investors Call for Workplace Disability Inclusion
… they invest in to create inclusive workplaces that can benefit from employing the millions of talented people with disabilities who remain underrepresented in the workforce. Signatories to … they invest in to create inclusive workplaces that can benefit from employing the millions of talented people …
https://www.osc.ny.gov/press/releases/2019/05/national-investors-call-workplace-disability-inclusionDiNapoli: State Needs to Improve Monitoring of Mental Health Facilities
… patients are at greater risk when their parents and family members are kept in the dark,” said DiNapoli. … persons’ access to records relating to incidents involving family members residing in facilities operated, licensed or … to pertinent information concerning treatment of their family members. Auditors also found facilities do not always …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-state-needs-improve-monitoring-mental-health-facilitiesDiNapoli: Managed Care Companies Wasting Millions in State Medicaid Dollars
… United HealthCare and Amerigroup, managed care organizations (MCOs) … there were 53 MCOs that offered 81 different plans. United HealthCare (UHC) and Amerigroup were among the largest. … United HealthCare and Amerigroup managed care organizations that …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-managed-care-companies-wasting-millions-state-medicaid-dollarsDiNapoli: Tax Collections Exceed Projections Through First Half of Fiscal Year
… of $38.2 billion through the first half of the fiscal year were $675.6 million higher than the latest projections … according to the state monthly cash report and a mid-year report on revenue and spending trends released today by … P. DiNapoli. The General Fund ended the first half of the year with a balance of $10.7 billion, up 33 percent from a …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collections-exceed-projections-through-first-half-fiscal-yearNY State & City Comptrollers, State Treasurers: Federal Bill Attempts to Silence Investors
… Commission permits investors holding $2,000 of company stock for at least one year to file a shareholder proposal. … a proposal and require shareholders own 1% of company stock for three years before putting a proposal forward for a … require an investor to own more than $2.6 billion in the stock of a top 10 U.S. company, more than $1.5 billion in the …
https://www.osc.ny.gov/press/releases/2017/06/ny-state-city-comptrollers-state-treasurers-federal-bill-attempts-silence-investorsNew York City Economy Continues to Set Records
… New York City employment reached 4.55 million jobs in 2018, … released today by State Comptroller Thomas P. DiNapoli. “New York City is experiencing its largest and longest job … in the nation outside of California, Texas, Florida and New York. Still, most of the jobs added were in employment …
https://www.osc.ny.gov/press/releases/2019/04/new-york-city-economy-continues-set-recordsDiNapoli: Dormitory Authority Overstated MWBE Contract Participation
The state Dormitory Authority for the past four years overstated the amount of business it did with minority and womenowned business contractors MWBE and could not show how it determined the authoritys overall MWBE participation goals or industryspecific goals
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-dormitory-authority-overstated-mwbe-contract-participationRecord of Activities (ROA) – Reporting Elected and Appointed Officials
… Some elected and appointed officials may participate in a time-keeping system that … term of office after January 1, 2016, are required to complete a three-month record of activities (ROA) within … is optional and they have not joined NYSLRS. Direct your elected and appointed officials to this schedule of due …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/record-activities-roaDiNapoli: Audits Lead to Millions of Dollars in Medicaid Savings from Drug Rebate Collections
… deserves credit for taking steps to correct the errors and inadequate procedures my auditors found and recoup the money that rightfully belongs to taxpayers." … created the Medicaid Drug Rebate Program to reduce state and federal expenditures for Medicaid prescription costs. …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-audits-lead-millions-dollars-medicaid-savings-drug-rebate-collectionsDiNapoli: Contribute to 529 College Savings Account by Dec. 31 for Tax Benefits
… JPMorgan Distribution Services, Inc., Ascensus Broker Dealer Services, Inc., nor any of their applicable affiliates …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-contribute-529-college-savings-account-dec-31-tax-benefitsOpinion 92-50
… or statutory amendments that bear on the issues discussed in the opinion. PUBLIC CONTRACTS -- Award (preference to local bidder) LOCAL LAWS -- Competitive Bidding (pre-emption by General Municipal Law, §103) -- Pre-emption (preference to local bidder) CONSTITUTIONAL LAW …
https://www.osc.ny.gov/legal-opinions/opinion-92-50Opinion 92-4
… and Expenditures (supervised physical fitness training for firefighters) TOWN LAW, §176(10): A fire district may pay for supervised physical fitness training sessions for its active volunteer firefighters so long as the particular training program provides the type of conditioning necessary …
https://www.osc.ny.gov/legal-opinions/opinion-92-4Opinion 98 - 19
… or statutory amendments that bear on the issues discussed in the opinion. FIRE DISTRICTS -- Apparatus and Equipment … Installment Purchase Contracts (referendum requirement for in fire district) REFERENDUM -- Mandatory (need for in fire district for installment purchase contract) GENERAL …
https://www.osc.ny.gov/legal-opinions/opinion-98-19Opinion 92-55
… AND EMPLOYEES -- Powers and Duties (performing work for private water system) VILLAGES -- Powers and Duties (services for private water systems) VILLAGE LAW, §§1-102(2), 11-1120, … village may not contract to provide, at the expense of the private owners, a village employee to perform testing of …
https://www.osc.ny.gov/legal-opinions/opinion-92-55Opinion 95-31
… AND EMPLOYEES -- Compensation (entitlement of incoming police chief where prior chief declined salary increases) POLICE AND POLICE PROTECTION -- Police Chief (compensation of incoming …
https://www.osc.ny.gov/legal-opinions/opinion-95-31