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DiNapoli: MTA Faces Worst Financial Crisis in History
… Authority (MTA) is facing the greatest crisis in its long history, with few viable options without federal … as reported in its July Financial Plan : $3.4 billion in 2020, $6.3 billion in 2021, $3.8 billion in 2022, $2.8 … debt issued by the MTA more than tripled between 2000 and 2019, rising from $11.4 billion to $35.4 billion. The MTA …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-mta-faces-worst-financial-crisis-historyDiNapoli: Inconsistent Oversight and Guidance Left New York’s Group Home Residents at Risk During Pandemic
… emergency management coordination left people living in group homes at risk during the onset of the COVID-19 … its residential programs from March 2020 to April 2022. “Group homes are supposed to offer people with developmental … guidance to the vast majority of their certified group homes. Inconsistent emergency management coordination …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-inconsistent-oversight-and-guidance-left-new-yorks-group-home-residents-risk-during-pandemicDiNapoli: Bullying and Drug-Related Incidents in Schools on the Rise
… of serious violent and disruptive incidents remained near zero even after students returned to in-school … number of serious violent + disruptive incidents remained near 0 even after students returned to inschool instruction …
https://www.osc.ny.gov/press/releases/2026/02/dinapoli-bullying-and-drug-related-incidents-schools-riseDiNapoli: 22 School Districts Designated in Fiscal Stress
… the highest category – New Suffolk Common School District (CSD) in Suffolk County and Mount Vernon School District (SD) … of these districts designated in SY 2023-24 (New Suffolk CSD, Harrisville CSD, and Mount Vernon SD). Four school districts (East Ramapo …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-22-school-districts-designated-fiscal-stressDiNapoli: Recent Federal Actions Will Have Significant Impact on Higher Education in NY
… Impacts from the recently enacted federal budget law, upcoming appropriations for federal fiscal year 2026 and executive actions since January 2025 risk … Impacts from the recently enacted federal budget law upcoming appropriations for federal fiscal year 2026 and executive actions since January 2025 risk …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-recent-federal-actions-will-have-significant-impact-higher-education-nyDiNapoli: NYC Metro Transportation Costs Rose 56% Over Past Decade, Slower Than Other Major Areas
… largest cost for New Yorkers, behind housing, at 14% of household spending. “Many New Yorkers struggle to make … higher utilization of public transit. Transportation Type In 2023, 48% of New York City households relied on … 52%. At the same time, the share that used taxicabs and car services, motorcycles, or bicycles rose in every borough …
https://www.osc.ny.gov/press/releases/2024/09/draft-dinapoli-nyc-metro-transportation-costs-grew-slower-other-major-cities-still-rose-29-percentReal Property Portfolio
… that can be disposed of; and no less than annually publish a report listing all real property of the authority, … Key Findings ESD did not comply with PAL’s requirements to publish a report detailing its real property portfolio, …
https://www.osc.ny.gov/state-agencies/audits/2024/08/21/real-property-portfolioNYC Budget Benefiting From Strong Tax Collections
… financial plan projects a surplus of nearly $3.7 billion for the fiscal year ending June 30, 2018, resulting from … resources to the New York City Housing Authority for emergency repairs; and The city’s financial plan assumes … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and …
https://www.osc.ny.gov/press/releases/2018/06/nyc-budget-benefiting-strong-tax-collectionsDiNapoli Releases Profile of State's Economic Development Agency
… Comptroller Thomas P. DiNapoli today released a profile of the Empire State Development Corp. (ESDC) that found there is minimal financial information for many of its 168 subsidiaries and limited public reporting on results of the economic development initiatives around the …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-releases-profile-states-economic-development-agencyNYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… Securities industry profits rose dramatically in 2017 for the second consecutive year and the average bonus paid to industry employees in New York City … Securities industry profits rose dramatically in 2017 for the second consecutive year and the average bonus paid to …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017Comptroller DiNapoli & A.G. Schneiderman Announce Indictment of Former Highway Superintendent in Public Corruption Case
… the alleged theft of more than $50,000 in goods and services from the town. The indictment charges that Burlew … 4-cylinder diesel Cat Loader. It is believed the parts and services expensed were instead purchased for Burlew’s … the alleged theft of more than $50000 in goods and services from the town …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-ag-schneiderman-announce-indictment-former-highway-superintendent-publicDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… pension fund is investing in New York’s future.” Trillium Group, a fund manager for the In-State Private Equity … example of what can happen when you connect a talented group of founders with private equity capital from New York … said Chris O’Donnell, general partner for Trillium Group. 5LINX has operations in the United States and Canada. …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundState Comptroller DiNapoli and Commission on Independent Colleges and Universities President Brabham Op-Ed: When Federal Policy Undermines College Access, New York Pays the Price
… the New York Daily News on how new federal policy changes to lending undermines college access for students in New … Unlike those reforms, the new law sharply restricts access to higher education based on wealth. The OBBBA makes sweeping … from across town or across the country. While intended to control costs for students and families, these …
https://www.osc.ny.gov/press/releases/2025/12/state-comptroller-dinapoli-and-commission-independent-colleges-and-universities-president-brabham-opDiNapoli: State Health Department Missed $119 Million in Rebates from Drug Companies
… (DOH) failed to collect nearly $120 million in available rebates over a 33-month period from prescription drug makers … DiNapoli said. “DOH must be diligent in its pursuit of rebates and do all it can to save money. Thankfully, … portion of Medicaid prescription drug costs by requesting rebates from drug manufacturers. The Affordable Care Act, …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-health-department-missed-119-million-rebates-drug-companiesDiNapoli: $10 Million Ponzi Scheme Unraveled Following Nassau County District Attorney Investigation
… County District Attorney Madeline Singas announced the arrest of a financial advisor from Pennsylvania and the re-arrest of his alleged collaborator, a financial advisor from … out on the $75,000 bond he posted following his previous arrest. The defendants are due back in court October 3, and …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-10-million-ponzi-scheme-unraveled-following-nassau-county-district-attorney-investigationDiNapoli: Former Wallkill Fire District Chair Pleads Guilty in $240,000 Theft
… said. ”I thank District Attorney Carnright for partnering with my office to expose this scheme and hold this official …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-former-wallkill-fire-district-chair-pleads-guilty-240000-theftChautauqua County Asst. Treasurer Guilty in $4,100 Theft
… to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by calling the …
https://www.osc.ny.gov/press/releases/2019/05/chautauqua-county-asst-treasurer-guilty-4100-theftDiNapoli: Town of Bennington Audit Leads to Arrest
… The clerk in the Wyoming County town of Bennington was arrested today after auditors and … that was collected from residents for permits, fees and town tax collections but not deposited in the town’s bank accounts, according to New York State Comptroller … The clerk in the Wyoming County town of Bennington was arrested today after auditors and …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-town-bennington-audit-leads-arrestNYC Budget Is Balanced but Risks Are Growing
… The New York City Mayor’s preliminary executive budget for FY 2020 is balanced, but there are risks, … proposed drops in state assistance, potential federal budget cuts and slower economic growth, according to a report … de Blasio’s efforts to find additional savings in the budget are prudent.” The city added a total of 820,400 jobs …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingDiNapoli: Former West Hurley Fire District Chief and Chairman Charged in Corruption Probe
… 52, and Michael "Bucky" VanValkenburgh, 44, both of West Hurley, were charged with Corrupting the Government … the fire district water tanker for his wife’s Woodstock Landscaping & Excavating business. He also allegedly used the … business. VanValkenburgh, who also worked for Woodstock Landscaping & Excavating, allegedly defrauded the district of …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-former-west-hurley-fire-district-chief-and-chairman-charged-corruption-probe