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DiNapoli: Tax Exemptions Jump While Job Gains Slow for IDA Projects
… provided $660 million in net tax exemptions in 2013, up $105 million from 2012 but estimated job gains were nearly … IDAs provided $660 million in net tax exemptions in 2013 up $105 million from 2012 but estimated job gains were nearly …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-tax-exemptions-jump-while-job-gains-slow-ida-projectsNew York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… 508,650 loans totaling $51.9 billion. The recently enacted American Rescue Plan Act of 2021 authorizes several new and … Protection Program to small nonprofits, a new relief fund for restaurants, and funding for cultural institutions … it will likely benefit a great deal from this fund. Budget American Rescue Plan Act of 2021 The American Rescue Plan Act …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021Comptroller DiNapoli Releases Municipal Audits
… Billing (2019M-112) The EMS Department did not bill for 614 incidents resulting in $417,600 of unbilled medical …
https://www.osc.ny.gov/press/releases/2019/08/comptroller-dinapoli-releases-municipal-audits-0Town of Wellsville – Budgeting (2021M-112)
… the impression that real property taxes were levied to finance general Town operations when these taxes were intended to fund highway operations. During our audit period, from … town-outside-village) and made transfers totaling $869,428 to each applicable highway fund. Key Recommendation Adopt …
https://www.osc.ny.gov/local-government/audits/town/2021/11/19/town-wellsville-budgeting-2021m-11214th Annual Emerging Manager & MWBE Conference
… in 1978 as an Auditor at Peat, Marwick, Mitchell & Co. (now KPMG). He worked in securities sales for the Private … Finance from the DePaul University College of Commerce. Cheryl D. Alston Executive Director and Chief Investment … Officer, Employees’ Retirement Fund of the City of Dallas Cheryl D. Alston is the Executive Director and Chief …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/14-annual-conferenceDo Not Call Enforcement Efforts (Follow-Up)
… consumers to register their personal mobile and landline phone numbers on a central national registry to reduce … in 2001. Initially, New York consumers registered their phone numbers on a statewide registry. In 2003, the Federal … by State residents had more than doubled since 2014, the number of cases referred to counsel for further action …
https://www.osc.ny.gov/state-agencies/audits/2020/02/19/do-not-call-enforcement-efforts-followDiNapoli Announces Sale of $634 Million State of New York General Obligation Bonds
… and AA+ by Fitch Ratings. Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-announces-sale-634-million-state-new-york-general-obligation-bondsPartial Lump Sum (PLS) Payment at Retirement — For Eligible NYSLRS Members
… What is a Partial Lump Sum (PLS) Payment? A Partial Lump Sum (PLS) distribution is a single payment equal to a percentage of the value of your pension benefit at retirement. The payment amount depends on your eligibility and the percentage … a percentage of their retirement benefit in a single payment …
https://www.osc.ny.gov/retirement/members/partial-lump-sum-paymentXII.6.G Paying Debt Service – XII. Expenditures
… agreement. The Vendor IDs follow the schema “03DSXXX001”. In the actual Vendor ID, X will equal the debt service number … Charge screen. Bulkload Business Units must enter an “N” in the Interest Eligible field. Refer to Section 5 - Agency …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6g-paying-debt-serviceState Comptroller DiNapoli Releases Municipal Audits
… today announced his office completed audits of the Village of Corfu , Town of East Hampton , Village of Farmingdale , Village of Hastings-on-Hudson , Town of Marlborough , New Hyde Park Fire District , Town of Red Hook , Rockland County , … today announced his office completed audits of the Village of Corfu Town of East Hampton Village of Farmingdale …
https://www.osc.ny.gov/press/releases/2018/11/state-comptroller-dinapoli-releases-municipal-auditsOpinion 89-1
… Compensation (authority to convert employee's accumulated leave time into cash upon death in service) -- Leave time generally (authority to convert into cash upon death in service) -- Sick Leave (authority to convert into cash upon death in service) … service the cash value of the employees accumulated sick leave vacation and personal leave time …
https://www.osc.ny.gov/legal-opinions/opinion-89-1IX.12.G Check Clearance Patterns – IX. Federal Grants
… A “check clearance pattern” projects the amount subtracted from a state’s bank account each day after the state makes a … A check clearance pattern projects the amount subtracted from a states bank account each day after the state makes a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12g-check-clearance-patternsNew York’s Economy and Finances in the COVID-19 Era
… Above 1 Million After losing more than 1.9 million jobs in March and April, New York State saw steady gains, averaging over 174,000 jobs in each of the following five months. That progress nearly halted in October, when statewide employment rose by less than …
https://www.osc.ny.gov/reports/covid-19-december-2-2020Town of Colchester – Financial Condition (2016M-376)
… Purpose of Audit The purpose of our audit was to assess the Town’s financial condition for … 1, 2015 through August 31, 2016. Background The Town of Colchester is located in Delaware County and has a … Town of Colchester Financial Condition 2016M376 …
https://www.osc.ny.gov/local-government/audits/town/2017/11/21/town-colchester-financial-condition-2016m-376Tapestry Charter School – Internal Controls Over Credit and Debit Cards (2013M-271)
… to examine the School’s internal controls over credit and debit card use for the period July 1, 2011, to August 16, … provision prohibiting cash advances. The School has a debit card policy, which provides appropriate guidance … advances. Give strong consideration to ending the use of debit cards. If using debit cards is to continue, impose …
https://www.osc.ny.gov/local-government/audits/school-district/2013/11/22/tapestry-charter-school-internal-controls-over-credit-and-debit-cardsDiNapoli: MTA'S Homeless Outreach Program Didn't Do Much Outreach
… nonprofit the MTA hired has turned away homeless men and women seeking assistance. Some outreach workers spent more …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-mtas-homeless-outreach-program-didnt-do-much-outreachDiNapoli Audit Finds Hundreds of Millions of Dollars in Medicaid Payments Went to Providers Not Enrolled in the Program
… much as $1.5 billion in improper and questionable payments to providers who did not appear to be enrolled in Medicaid. Generally, under federal and state law providers are supposed to be enrolled, a process that gives DOH assurance that they … much as $15 billion in improper and questionable payments to providers who did not appear to be enrolled in Medicaid …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-audit-finds-hundreds-millions-dollars-medicaid-payments-went-providers-not-enrolled-programOversight of the Agricultural Assessment Program
… Purpose To determine if the Department of Taxation and Finance’s (Department) Office of Real Property … AAVs. Other Related Audit/Report of Interest Department of Taxation and Finance: 2015 Property Tax Freeze Credit Report … To determine if the Department of Taxation and Finances Office of Real Property Tax Services is …
https://www.osc.ny.gov/state-agencies/audits/2018/02/02/oversight-agricultural-assessment-programYates County Industrial Development Agency - Receipts and Disbursements (2019M-182)
… receipts or cancelled checks to facilitate the review of accounting records and reports. Controls over receipts and …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2020/01/03/yates-county-industrial-development-agency-receipts-andDiNapoli Testifies Before U.S. House Committee on Financial Services Subcommittee on Diversity & Inclusion
… research has shown that companies face risks when their corporate policies, practices or products are perceived to be … equity and inclusion policies and practices. His Corporate Governance program has helped increase diversity on corporate boards, advocated for workplace protections against …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-testifies-us-house-committee-financial-services-subcommittee-diversity-inclusion