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Village of Monticello – Records and Reports (2020M-104)
… accounting records or properly reconcile bank accounts in a timely manner. About $5 million of real property tax … date. Periodic financial reports were not prepared for the Board of Trustees (Board) or department heads. Annual … filed in a timely manner. AUDs were typically filed over 200 days late. Key Recommendations Maintain accurate and …
https://www.osc.ny.gov/local-government/audits/village/2020/12/23/village-monticello-records-and-reports-2020m-104DiNapoli Announces State Contract and Payment Actions for September 2016
… today his office approved 1,685 contracts valued at $2.75 billion and approved nearly 1.7 million payments worth … $330 million and nearly 1,400 payments valued at nearly $4.2 million due to fraud, waste or other improprieties. … These independent audits also help ensure payments are free from fraud, waste and improprieties. The Comptroller’s …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-announces-state-contract-and-payment-actions-september-2016DiNapoli Announces State Contract and Payment Actions For December 2016
… III JV to replace the Kosciuszko Bridge in NYC. $4.5 million to The Pike Co. for design and build …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-announces-state-contract-and-payment-actions-december-2016DiNapoli: State Pension Fund Will Vote Against Board Members at Corporations With No Women Directors
… directors standing for re-election at companies that have no women on their boards. In situations where a company has … that hundreds of publicly-held U.S. companies have no women directors," DiNapoli said. "We're putting all-male … holds shares in more than 400 public companies that have no women on their boards and more than 700 companies that …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-state-pension-fund-will-vote-against-board-members-corporations-no-women-directorsDiNapoli: State Pension Fund Valued at $233.2 Billion at End of Second Quarter
… said. “Inflation and supply chain issues are continuing to impact the financial world and we expect a challenging … future. Still, the Fund is highly diversified and built to weather the ups and downs of the markets. Our pensioners … return strategies, and opportunistic alternatives (6.23%). The Fund’s long-term expected rate of return is 5.9%. …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-state-pension-fund-valued-2332-billion-end-second-quarterTown of Owasco – Financial Management and Procurement (2021M-70)
Determine whether the Town of Owasco Town Board Board effectively managed fund balances and reserves for the general water and sewer district funds and has multiyear financial and capital plans
https://www.osc.ny.gov/local-government/audits/town/2021/08/13/town-owasco-financial-management-and-procurement-2021m-70Lynbrook Union Free School District – Purchasing (2022M-17)
… were a prudent and economical use of taxpayer money, and in the District’s best interest. For example, the purchasing …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/08/lynbrook-union-free-school-district-purchasing-2022m-17DiNapoli: 33 School Districts Reported in Fiscal Stress
… as being in significant fiscal stress: Fort Edward Union Free School District (Washington County), Northern Adirondack … City School District (Chenango County) and Wyandanch Union Free School District (Suffolk County). All but Northern …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-33-school-districts-reported-fiscal-stressOpinion 2001-5
… or statutory amendments that bear on the issues discussed in the opinion. FIRE DISTRICTS -- Appropriations and … with respect to fire prevention and safety, and its power under section 204-d of the General Municipal Law to determine … called to suppress. We also concluded, however, that the best course of action for fire district officials may be to …
https://www.osc.ny.gov/legal-opinions/opinion-2001-5Town of Richmondville – Administration of Grant Moneys (2013M-374)
… to review the Board’s administration of grant fund moneys for the period of May 4, 2009 through September 25, 2013. Background The Town of Richmondville, located in Schoharie County, is governed by an elected five-member … written agreements to ensure that grants are in the Town’s best interest. Provide more oversight in monitoring …
https://www.osc.ny.gov/local-government/audits/town/2014/05/09/town-richmondville-administration-grant-moneys-2013m-374DiNapoli Statement on Lunar New Year
… "Happy Lunar New Year to all New Yorkers. My best wishes for an auspicious Year of the Goat that brings peace, prosperity and good health to you and your family. It’s a pleasure to be able to share this annual cultural celebration with New …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-statement-lunar-new-yearDiNapoli Announces State Contract and Payment Actions for March 2016
… intellectual and developmental disabilities. $ 169,000 to Summit Chemical Co. for mosquito traps and mosquito dunks. $ …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-announces-state-contract-and-payment-actions-march-2016DiNapoli: Inflation in NYC Metro Area Up 6.1% in March, Growing at Highest Rate in 30 Years
… Statistics (BLS) indicates consumer prices grew by 6.1% in the New York City Metropolitan Area in March 2022 compared to the same month one year ago, driven by double-digit increases in the costs of energy and transportation. Despite lagging …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-inflation-nyc-metro-area-march-growing-highest-rate-30-yearsOpinion 97-24
… or statutory amendments that bear on the issues discussed in the opinion. FIRE DISTRICTS -- Auxiliary (participation in service award program) VOLUNTEER FIREFIGHTERS -- Service … company located within a fire district) GENERAL MUNICIPAL LAW, §§215, 217: The members of the "auxiliary" of an …
https://www.osc.ny.gov/legal-opinions/opinion-97-24DiNapoli Op-Ed in Times Union
… The Times Union published an op-ed from New York State … decision points have become increasingly common in the last decade, making federal spending and debt … debt, rarely receive that level of public attention. Many states, including New York, have debt limits in place on …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-op-ed-times-unionState Contract and Payment Actions in April
… Office of the State Comptroller approved 1,580 contracts for state agencies and public authorities valued at $1.3 billion and approved … Education Department $1.4 billion in general aid to 388 school districts. Empire State Development Corporation $22 …
https://www.osc.ny.gov/press/releases/2023/05/state-contract-and-payment-actions-aprilUnnecessary Medicaid Payments for Children at Voluntary Agencies (Follow-Up)
… extent of implementation of the five recommendations made in our audit report, Unnecessary Medicaid Payments for … Health (Department) had adequate policies and procedures in place to ensure proper Medicaid payments for foster care children placed in voluntary agencies. The Department administers the New …
https://www.osc.ny.gov/state-agencies/audits/2014/10/23/unnecessary-medicaid-payments-children-voluntary-agencies-followVan Hornesville-Owen D. Young Central School District – Financial Condition (2016M-63)
… Purpose of Audit The purpose of our audit was to review the District’s financial condition for the period July 1, 2013 through September 30, 2015. Background The Van Hornesville-Owen D. Young Central School District is located in the Towns of Stark, Columbia, …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/01/van-hornesville-owen-d-young-central-school-district-financial-conditionDiNapoli Highlights Investment in Rochester Region Through State Pension Fund
… markets induction heating products, serving customers in a number of industries including energy, electronics and … contributes to clinical trials across the globe. Trillium Group, a fund manager for the In-State Private Equity … and completed over 80 transactions. About Trillium Group, LLC Trillium Group is a Rochester-based venture capital group …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-highlights-investment-rochester-region-through-state-pension-fundTown of Cherry Valley – Financial Condition (2016M-212)
… and analyze the health center’s direct and indirect costs for the period January 1, 2015 through March 30, 2016. Background The Town of Cherry Valley is located in Otsego County and includes the Village of Cherry Valley … plans to ensure the health center functions in the best interest of the Town’s residents. … The objective of our …
https://www.osc.ny.gov/local-government/audits/town/2016/08/26/town-cherry-valley-financial-condition-2016m-212