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DiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… New York State’s Common Retirement Fund. 5LINX has gone on to experience significant growth and business success culminating in a return of capital to the Common Retirement Fund with a very attractive rate of return. A win for all parties involved,” …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundChanges in Federal Policies Pose Significant Risks for New York City's Budget
… Projected budget gaps for New York City in the coming years appear manageable, but … significant threat to the city’s finances, according to a report released today by State Comptroller Thomas P. … under the Affordable Care Act, which could increase the number of uninsured people and cause health care costs and …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Economic Snapshot Shows The Bronx Making Impressive Gains in Addressing Challenges
… The Bronx is setting records for population, business and job growth, according to an economic report … ten consecutive years. However, too many residents remain in poverty, unemployment is particularly high among the … officials, business community and social service providers with helpful information as they work to continue The Bronx's …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-economic-snapshot-shows-bronx-making-impressive-gains-addressing-challengesNY State Comptroller DiNapoli Statement on Supreme Court Decision in Janus Case
… Supreme Court ruled on the Janus v. American Federation of State, County and Municipal Employees case . "Today's U.S. Supreme Court decision overriding 40 years of legal precedent is just plain wrong. "In New York, recently … and promote safe working conditions. "I will continue to call for policies that not only help to create new jobs and …
https://www.osc.ny.gov/press/releases/2018/06/ny-state-comptroller-dinapoli-statement-supreme-court-decision-janus-caseDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… grown from a start up with a few dozen employees to a global force with more than 300 employees worldwide. …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundDiNapoli: State Correction Commission Falling Short in Tracking Problems or Inspecting Prisons
… of local facilities. The commission is also responsible for responding timely to inmate complaints and grievances, … local facilities. Over the three year period examined, the number of complaints received increased 16 percent to 2,316 … complete response is included in the final audit. Read the report , or go to: …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-state-correction-commission-falling-short-tracking-problems-or-inspecting-prisonsDiNapoli: Contractor Sentenced in Federal Court for Defrauding State of Over $360,000
… meant to screen individuals for cancer and used the money to fund his lavish lifestyle of world traveling and … Yorkers can report allegations of fraud involving taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-contractor-sentenced-federal-court-defrauding-state-over-360000NYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… industry. DiNapoli's office releases an annual estimate of bonuses paid to securities industry employees who work in New York City during the traditional bonus season. Bonuses paid by firms to their employees located outside of … is based on personal income tax trends and includes cash bonuses for the current year and bonuses deferred from prior …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017DiNapoli Announces Nominee for the Commission on Ethics and Lobbying in Government
… Thomas P. DiNapoli today announced his nomination of Nancy G. Groenwegen to the Commission on Ethics and Lobbying … served as counsel to the Comptroller from 2010 to 2019. “Nancy is well known for her integrity and independence,” … that is committed to openness and accountability. Nancy’s character, knowledge and depth of experience will …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-announces-nominee-commission-ethics-and-lobbying-governmentDiNapoli: Lax Oversight of Medicaid Payments Behind $700 Million in Improper Payments
… Health (DOH) over a period of more than six years resulted in over $700 million in overpayments for ineligible members and $2.8 billion for … led to unsatisfactory long-term care for eligible patients in need,” said State Comptroller DiNapoli. “I urge DOH to …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-lax-oversight-medicaid-payments-behind-700-million-improper-paymentsOyster Bay Water District – Payments in Lieu of Health Insurance (2017M-43)
… District is located in the Town of Oyster Bay in Nassau County and provides water to about 8,800 customers. The …
https://www.osc.ny.gov/local-government/audits/district/2017/06/02/oyster-bay-water-district-payments-lieu-health-insurance-2017m-43DiNapoli: Former Hempstead School Official and Local Restauranteur Indicted in Kickback Scheme
… options existed. In exchange, Ms. Caliendo illicitly paid more than $100,000 in kickbacks to Ms. Gardner, which …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-hempstead-school-official-and-local-restauranteur-indicted-kickback-schemeDiNapoli: Local Sales Tax Collections Up 21% in First Quarter of 2022
… or $901 million, in the first quarter of 2022 compared to the same period last year, according to a report released today by New York State Comptroller … in March. “Local sales tax collections continue to come in strong. While local governments are collecting …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-local-sales-tax-collections-21-percent-first-quarter-2022DiNapoli: Syracuse City School District Teacher Pleads Guilty in Time Theft Scheme
… New York State Comptroller Thomas P. DiNapoli and the Onondaga County … William Fitzpatrick announced today that Jason Cecile of the Syracuse City School District’s (SCSD) After-School … of Investigations, 8th Floor, 110 State St., Albany, NY 12236. … New York State Comptroller Thomas P DiNapoli and …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-syracuse-city-school-district-teacher-pleads-guilty-time-theft-schemeDiNapoli: Statewide Local Sales Tax Collections Surge Nearly 58 Percent in May
… Local sales tax collections in May increased by 57.8 percent over the … of last year. “For the second straight month, local sales tax collections had a tremendous boost. Strong collections in … state in March 2020,” DiNapoli said. “Combined with direct federal assistance and restored state aid, the recovery of …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-statewide-local-sales-tax-collections-surge-nearly-58-percent-mayNew York’s Economy and Finances in the COVID-19 Era (July 1, 2021)
… seasonally adjusted annual basis. While this is a positive development, there are two causes for concern: The growth is …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-july-1-2021DiNapoli: State's Financial Hole Deepens, Tax Revenues Trail $3.2 Billion in 2020
… delays in certain payments to local governments and other entities. August Cash Report Find out how your government … state's 180,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-states-financial-hole-deepens-tax-revenues-trail-32-billion-2020Oversight of Career and Technical Education Programs in New York State Schools
… high-growth, and high-salary job market needs; and what the Department, school districts, and Boards of Cooperative Educational Services (BOCES) can do to enhance CTE programs. The audit covered the 2015-16 …
https://www.osc.ny.gov/state-agencies/audits/2020/12/21/oversight-career-and-technical-education-programs-new-york-state-schoolsExamples from GASB Statement 34 - Statement of Changes in Fiduciary Net Assets
… Examples from GASB Statement 34 included in this bulletin, copyright by the Governmental Accounting … reprinted by permission. Sample City Statement of Changes in Fiduciary Net Assets Fiduciary Funds For the Year Ended … Investments earnings: Net (decrease) In fair value of investments (272,522) Interest …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-changes-fiduciary-net-assetsSafe Schools Against Violence in Education (SAVE) Act - Safety Plans - 2019-MS-1
… plans to school officials and SED confidentially. 2 1 For one school, we only reviewed the 2018-19 district-wide …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/07/25/safe-schools-against-violence-education-save-act-safety-plans-2019-ms-1