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DiNapoli: New York City Budget Surplus on Pace to Grow Another $2.4 Billion from April Projections
… $2.4 billion in operating surplus in city fiscal year (FY) 2022 compared to the Executive Budget released in April. … The release of New York City’s $99.7 billion FY 2023 Budget - $104.9 billion when adjusted for surplus … in pension contributions from extraordinary asset gains in FY 2021, and announced additional savings programs, including …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-new-york-city-budget-surplus-pace-grow-another-24-billion-april-projectionsTown of Bolivar – Community Development Block Grant (2013M-353)
… The CCDC overpaid itself $3,000. In addition, several contractors were not paid, or were underpaid or overpaid, for … totaling $288,968 for work not yet performed. Payments to contractors by the CCDC averaged 21 days after receiving … as well as obtain from the CCDC sufficient funds to pay contractors for all completed work. Establish formal …
https://www.osc.ny.gov/local-government/audits/town/2014/03/07/town-bolivar-community-development-block-grant-2013m-353DiNapoli: MTA Faces Worst Financial Crisis in History
… history, with few viable options without federal funding to avoid cuts in service and staff, additional fare hikes and … that could impair regional transit for decades, according to New York State Comptroller Thomas P. DiNapoli’s annual … service cuts and workforce reductions will happen. Failure to fund the MTA now could disrupt maintenance and repairs and …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-mta-faces-worst-financial-crisis-historyOpinion 89-50
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … Whether the town is authorized to make payments to the volunteer fire company in addition to the annual sum …
https://www.osc.ny.gov/legal-opinions/opinion-89-50Transparency and Accountability of Fiscal Activities in Villages (2024-MS-2)
… Mount Kisco , North Syracuse and Pomona Executive Summary New York State (NYS) has 532 villages ranging in size from … Village officials in New York State NYS should be transparent and accountable by …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/transparency-and-accountability-fiscal-activities-villages-2024-ms-2Village of Pulaski – Selected Village Operations (2013M-142)
… Purpose of Audit The purpose of our audit was to review the water system … or supporting records of the Clerk-Treasurer. The Board does not monitor the remote access of software vendors or the … Develop policies and procedures addressing how remote access is granted, who is given remote access, and …
https://www.osc.ny.gov/local-government/audits/village/2013/09/06/village-pulaski-selected-village-operations-2013m-142DiNapoli: NYC Health + Hospitals Confront Tough Fiscal Outlook as Washington Moves to Cut Health Care Spending
… these payments over the next several years is uncertain. Repor NYC Health + Hospitals: Strategic Initiatives Related …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-nyc-health-hospitals-confront-tough-fiscal-outlook-washington-moves-cut-health-care-spendingExxon's Investors Call for Meaningful Climate Risk Plan
… Agreement, but those are empty words unless the company backs them up with action," DiNapoli said. "Exxon's business …
https://www.osc.ny.gov/press/releases/2017/04/exxons-investors-call-meaningful-climate-risk-planDiNapoli: Wall Street Bonuses Slip From 2006 Record
… Average Wall Street bonuses in 2007 declined 4.7 percent from record … declined at a slower rate than profits because Wall Street firms use bonuses to retain top producers. While many … and the employment gains in the securities industry. Wall Street added 9,600 jobs during the first 11 months of 2007, a …
https://www.osc.ny.gov/press/releases/2008/01/dinapoli-wall-street-bonuses-slip-2006-recordLegal Topics and Approvals
… Exception to Competitive Bidding [pdf] How to Apply for Exclusion of Sewer Debt from Municipal Debt Limits (Updated … for counties, cities, towns, and villages to apply to the State Comptroller for exclusion of sanitary sewer debt from … of Title 2 the Code of the Rules and Regulations of the State of New York [pdf] . Town and County Special Districts …
https://www.osc.ny.gov/local-government/resources/legal-topics-and-approvalsDiNapoli: Critical Pre-School Special Education Services Not Reaching All Students Who Need Them
… to these essential special education services.” Children who are referred for special education services undergo a … waitlists – which accounted for a total of 301 students who were waiting for services. SED acknowledged that …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-critical-pre-school-special-education-services-not-reaching-all-students-who-need-themNYS Pension Fund Commits $2 Billion to Climate Transition Index
… he committed $20 billion. To date, the Fund has allocated $15.3 billion of that overall commitment. This is the third … bonds that are aligned with a 1.5-degree scenario. A baseline assessment will be conducted, which will be used to …
https://www.osc.ny.gov/press/releases/2021/12/nys-pension-fund-commits-2-billion-climate-transition-indexDiNapoli: Audit Recommends Labor Department Step Up Investigations of Violations in NYC
… Weaknesses in how the state Department of Labor (DOL) investigates labor law violations in New York … the DOL must speed up the investigation and resolution of cases. At a time when increased vigilance is needed, the … promptly.” In fiscal year 2021, the U.S. Department of Labor found 2,819 minors employed illegally and assessed …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-audit-recommends-labor-department-step-investigations-violations-nycDiNapoli: Former Rosendale Court Clerk to Repay Stolen Funds
… was arrested in June and charged by Ulster County District Attorney D. Holley Carnright. After pleading guilty earlier … for their wrongdoing,” DiNapoli said. “I thank District Attorney Carnright and the State Police for their partnership … to do for the citizens of Ulster County,” District Attorney Carnright said. In an audit released last year, …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-rosendale-court-clerk-repay-stolen-fundsDiNapoli: Wall St. Profits Return to Pre-Pandemic Levels
… and fourth quarters may see further declines. The Fed’s latest projections show its policy rate rising to 4.25%-4.5% … to fall from their record highs of 2021. New York City’s latest economic forecast estimates bonuses to decline 22%, …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levelsXII.6 Overview – XII. Expenditures
… This section provides Business Units with guidance on how to process certain payment situations where the type of vendor or type of payment differs from the normal policies and processes required by the Office …
https://www.osc.ny.gov/state-agencies/chapter-xii/xii6-overviewDiNapoli: New Federal Funds Give New York a Chance To Expand Broadband, Close Digital Divide
… in federal Broadband Equity, Access and Deployment (BEAD) Program funds announced in June 2023, initial federal …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-new-federal-funds-give-new-york-chance-expand-broadband-close-digital-divideCicero Volunteer Fire Department - Financial Activities (2025M-138)
… had adequate support, such as an itemized receipt or invoice that described the goods and services purchased, or …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2026/04/10/cicero-volunteer-fire-department-financial-activities-2025mDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… city’s expired labor contracts remains a question in the near future. Coupled with a target of $1 billion in labor … spending risks still exceed $600 million in FY 2023, and near $1 billion in FY 2025. In order to achieve long-term …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingState Comptroller Thomas P. DiNapoli Statement On Governor's Budget And New Proposals
… "New York is facing great opportunities and challenges in the year ahead. The Governor has put forth an ambitious … his commitment to hold the line on spending. "The state is in a stronger fiscal position than it has been for some time, … been strong this fiscal year, there are cautionary signs in the economy and it is wise to live within our means. …
https://www.osc.ny.gov/press/releases/2015/01/state-comptroller-thomas-p-dinapoli-statement-governors-budget-and-new-proposals-0