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Statement from New York State Comptroller Thomas P. DiNapoli on Repeal of Affordable Care Act
… from pre-existing conditions and potentially punches a big hole in our state budget. Members voted for this … from preexisting conditions and potentially punches a big hole in our state budget …
https://www.osc.ny.gov/press/releases/2017/05/statement-new-york-state-comptroller-thomas-p-dinapoli-repeal-affordable-care-actState Comptroller Thomas P. DiNapoli Statement on Mayor's Executive Budget Update
… “New York City’s budget outlook continues to improve, and it can use this opportunity … in the outyears of its plan. Despite the improved revenue outlook, the city also elected not to deposit additional … NYCs budget outlook continues to improve and it can use this opportunity …
https://www.osc.ny.gov/press/releases/2024/04/state-comptroller-thomas-p-dinapoli-statement-mayors-executive-budget-updateDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… EFC uses these resources along with state funds to provide subsidized loans and grants to municipalities for drinking … water, wastewater treatment, and other projects, with interest and loan repayments used to finance additional projects. Between …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… budget by a total of $1.5 billion from 2023 through 2026. The MTA can use these savings to preserve and improve … have to make some difficult choices. How it decides to bridge the gaps after 2026 and manage its debt can determine … firm financial ground or whether it comes back to riders, toll payers and taxpayers for more assistance down the road. …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsDiNapoli: NYC Financial Plan Improved From June
… York City’s fiscal year (FY) 2023 budget is projected to rise to $109.4 billion (adjusted from $104 billion after … with collective bargaining agreements. If wages were to rise at the projected inflation rate without offsetting … New York Citys fiscal year FY 2023 budget is projected to rise to $1094 billion adjusted from $104 billion after …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nyc-financial-plan-improved-juneXI.2.K Authorized Signatures – XI. Procurement and Contract Management
… responsibility determinations, OSC’s BOC must have a letter on file with the department head’s original signature … An agency can remove an authorized signatory by sending a letter to OSC’s BOC, identifying the signatory name to be … the list. The department head or designee must sign the letter. It is the responsibility of each agency to ensure …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2k-authorized-signaturesV.3.C Funds and Fund Accounting – V. Chart of Accounts (COA) Governance
… 2: Fund Category Level 3: Fund Type Level 4: Fund Type (Federal vs. State) Level 5: Total Fund Level 6: Fund/Subfund …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3c-funds-and-fund-accountingDiNapoli Urges NYC to Shore Up Rainy-Day Fund
… are not as robust as other large U.S. cities, and with recent changes in state and local law enabling the use of … unrestricted reserves over time. Cities including San Antonio, Dallas and San Jose report unrestricted fund balance as a share of …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-urges-nyc-shore-rainy-day-fundPublic-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… sure taxpayers are not short-changed by an artificially low valuation; Keep private sector profits within reason and …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedXII.3 Record Retention – Accounts Payable Vouchers and Land Claims – XII. Expenditures
… payments for Accounts Payable and Land Claims processed in the Statewide Financial System (SFS) is readily available … documentation from agencies to support payments processed in the SFS. OSC may contact agency employees to either … be sent to OSC or to facilitate OSC’s on-site review. In either case, supporting documentation must be readily …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii3-record-retention-accounts-payable-vouchers-and-land-claimsDiNapoli: Orange County Resident Arrested for Stealing Her Late Mother’s Pension Benefits
… and the New York State Police today announced that Valerie White, of Middletown, was arrested and charged with grand larceny in the second degree (Class C Felony) for allegedly stealing $51,532.64 of her late mother’s pension payments. “Ms. White thought she could get away with hiding her mother’s …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-orange-county-resident-arrested-stealing-her-late-mothers-pension-benefitsNYS Comptroller DiNapoli: SEC Upholds Shareholders' Right to Seek Racial Equity Audit
… Common Retirement Fund’s shareholder proposal off the ballot at its annual shareholders’ meeting. DiNapoli had …
https://www.osc.ny.gov/press/releases/2021/04/nys-comptroller-dinapoli-sec-upholds-shareholders-right-seek-racial-equity-auditDiNapoli: Public Must Be Alerted to Sewer Overflow Problems
… in New York state were not reporting overflow events or registered with the electronic notification system … events, potentially putting the public at risk, according to an audit of the Department of Environmental Conservation … today by State Comptroller Thomas P. DiNapoli. “Untreated or undertreated sewage that is discharged into ground and …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-public-must-be-alerted-sewer-overflow-problemsDiNapoli Releases State Cash Report
… than projected, with collections for the fiscal year now $142.3 million higher than projections from the Enacted … well as funds from the federal government. The report is now accessible in Excel and Adobe formats. Since becoming … than projected with collections for the fiscal year now $1423 million higher than projections from the Enacted …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportHousing Trust Fund Corporation – Oversight of the Rural Rental Assistance Program
… Objectives To determine whether project owners are receiving Rural Rental Assistance Program (RRAP) payments … only for eligible units and are properly maintaining the units for which they receive RRAP payments, and whether the Housing … To determine whether project owners are receiving Rural Rental Assistance Program RRAP payments …
https://www.osc.ny.gov/state-agencies/audits/2024/12/20/housing-trust-fund-corporation-oversight-rural-rental-assistance-programOrdinary Death Benefit
… the New York State Teachers' Retirement System (TRS) is in service to the full retirement age. Memo Bill Text Status … and the New York State Teachers Retirement System TRS is in service to the full retirement age …
https://www.osc.ny.gov/legislation/ordinary-death-benefitOversight of New York State Forest Tax Programs
… is adequately monitoring the 480 and 480a private forest programs to ensure forest land is appropriately enrolled and … that received tax exemptions under the 480 and 480a programs for the period January 2017 through December 2019 … enrolled, eligible, and benefiting from the 480a and 480 Programs; and that management plans are followed, adequate …
https://www.osc.ny.gov/state-agencies/audits/2022/04/20/oversight-new-york-state-forest-tax-programsCompliance With Executive Order 95 (Open Data)
… whether the Department of Environmental Conservation (DEC) is complying with Executive Order 95 (EO 95), including … (ITS) under EO 95, and whether data posted under EO 95 is reliable and easily usable. The audit covered the period … of New York’s natural resources and environment, DEC is responsible for managing water, land, and air pollution in …
https://www.osc.ny.gov/state-agencies/audits/2021/05/27/compliance-executive-order-95-open-dataLinkNYC Program Revenues and Monitoring
… whether New York City received all the revenues specified in the contract terms and whether the Department of … Yorkers, and ensuring adequate compensation to the City. In December 2014, the City, through DoITT, entered into a … the City and were projected to generate over $500 million in revenue over the program’s first 12 years. The Agreement …
https://www.osc.ny.gov/state-agencies/audits/2021/07/30/linknyc-program-revenues-and-monitoringDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… Sachs Asset Management (GSAM) to invest in a diverse group of global equity strategies viewed as having strong potential to … in its Alternative Investments & Manager Selection (AIMS) Group will augment the CRF Global Equity Team, which manages … with Goldman Sachs Asset Management to invest in a diverse group of global equity strategies viewed as having strong …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investments