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DiNapoli: New York City's Finances on Solid Footing
… budget gaps under current economic conditions, according to an analysis released today by New York State Comptroller … DiNapoli said. “The city, however, still has work to do. It must conclude negotiations with the remaining … share of the workforce that has accepted the UFT pattern to nearly 60 percent. To help pay for the new labor …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-new-york-citys-finances-solid-footingApproved State Contracts and Payments
… contracts for state agencies and public authorities valued at $1.79 billion and approved more than 2 million payments … rejected 196 contracts and related transactions valued at $250 million and nearly 500 payments valued at more than … Pharmaceutical Insurance Coverage program and the American Indian Health Program prescription drug coverage. $18.4 …
https://www.osc.ny.gov/press/releases/2018/01/approved-state-contracts-and-paymentsTechnology Transfer Program and Royalty Payments (2019-S-10)
To determine if the Research Foundation for the State University of New York (Research Foundation) has taken the appropriate steps to protect the State University of New York’s (SUNY) interest in the transfer of technology and royalties received for intellectual property developed at SUNY campuses.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2020-19s10.pdfDiNapoli Releases Review of City's Proposed Budget and Financial Plan
… than the city’s forecast, but found it still faces a number of large budget risks. Besides the outcome of …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-releases-review-citys-proposed-budget-and-financial-planCapital One Bank Accounts
… Purpose To determine the purpose of 15 unauthorized bank accounts … Transportation Authority (MTA) at Capital One Bank and to assess the appropriateness of financial transactions …
https://www.osc.ny.gov/state-agencies/audits/2014/01/27/capital-one-bank-accountsHigher Education – 2021 Financial Condition Report
… a 5.2 percent decrease from the previous year compared to a 3.5 percent decline nationwide. In spring 2020, such … totaling $130 million. The increase from 2015-16 to 2020-21 in average in-state tuition and fees at public … colleges has been more modest in New York compared to the nation. These amounts grew from $7,640 to $8,500 in …
https://www.osc.ny.gov/reports/finance/2021-fcr/higher-educationDiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … Town of Sheridan and the Snyder Fire District . “In today’s fiscal climate, budget transparency and accountability for … estimates for revenues, expenditures and appropriated fund balance. These inaccurate budgets caused significant budget …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-releases-municipal-audits-0DiNapoli: Former Hempstead School Official and Local Restauranteur Indicted in Kickback Scheme
… of New York; Michael J. Driscoll, Assistant Director-in-Charge, Federal Bureau of Investigation, New York Field … Caliendo, the owner of food service providers Smart Starts NY, Inc. (Smart Starts), and Prince Umberto’s restaurant in … at the expense of the public they serve.” "As alleged, Ms. Gardner and Ms. Caliendo engaged in a scheme in which Ms. …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-hempstead-school-official-and-local-restauranteur-indicted-kickback-schemeDiNapoli Announces Latest Fiscal Stress Scores With Analysis of 10 Years of Fiscal Monitoring System Data
… Act and sales tax revenue growth. Sales tax collections have leveled off in recent months and federal dollars are … we bettered our footing. Today we can proudly say we have improved our bond rating, lowered taxes and bolstered … ago, none of the reporting counties were designated in any fiscal stress category in fiscal year 2022. While the …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-latest-fiscal-stress-scores-analysis-10-years-fiscal-monitoring-system-dataCity of Troy – Budget Review (B21-5-10)
… of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure … City of Troy, located in Rensselaer County, is authorized to issue debt not to exceed $24,706,000 to liquidate cumulative deficits in the …
https://www.osc.ny.gov/local-government/audits/city/2021/11/04/city-troy-budget-review-b21-5-10DiNapoli Releases Executive Budget Report
… challenges in coming years as revenue growth is expected to slow and billions of dollars in settlement money are spent, according to an analysis of the $154.6 billion Executive Budget … the release of the Executive Budget, provides information to assist in the evaluation of the 2016-17 proposal. “The …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-executive-budget-reportMandatory Service Credit Purchase Payments – Enhanced Reporting
… are usually incurred for service after a member’s date of membership for which no (or insufficient) contributions … tax purposes because they are covered under Section 414(h) of the Internal Revenue Code. Mandatory purchases of ERS service on or after July 1, 1989, and PFRS service on …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/mandatory-service-credit-purchase-paymentsCity of Long Beach – Budget Review (B21-7-6)
… [ read complete report - pdf ] Purpose of Budget Review The purpose of our budget review was to determine whether the significant … our budget review issued in May 2020. Background The City of Long Beach, located in Nassau County, has been authorized …
https://www.osc.ny.gov/local-government/audits/city/2021/05/12/city-long-beach-budget-review-b21-7-6State Contract and Payment Actions in July
… system integrator. $2.6 million with Williamstown Art Conservation Center Inc. for artwork conservation at the …
https://www.osc.ny.gov/press/releases/2022/09/state-contract-and-payment-actions-julyComptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of the Village of Endicott , Village of Hempstead , City of Lackawanna , Town of Willing and the …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-municipal-audits-1State Comptroller DiNapoli Releases Municipal Audits
… could not confirm the three employees identified worked all the hours they were paid for. In addition, village …
https://www.osc.ny.gov/press/releases/2020/06/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli Releases July State Cash Report
… July were $479.5 million lower than collections for the same period last year, primarily reflecting lower … responsible and accountable ways to maximize the benefit of this one-time settlement revenue. It provides tremendous … General Fund receipts (including transfers from other funds) totaled $24.7 billion through July 31, representing an …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-releases-july-state-cash-reportState Comptroller DiNapoli Releases School Audits
… the appropriated fund balance (80 percent) was not used. When the unused appropriated fund balance and excess tax …
https://www.osc.ny.gov/press/releases/2017/06/state-comptroller-dinapoli-releases-school-auditsProcurement and Payroll-Related Matters Pertaining to the Use of Certain Federal Funds
… Purpose To determine whether the New York City Transit Authority … Background The Metropolitan Transportation Authority (MTA) is a public benefit corporation providing transportation … in and around the New York City metropolitan area. The MTA oversees six constituent agencies, including the New York …
https://www.osc.ny.gov/state-agencies/audits/2014/06/18/procurement-and-payroll-related-matters-pertaining-use-certain-federal-fundsNew York's Labor Force: Assessing 10-Year Trends and Pandemic Setbacks
The COVID-19 pandemic’s impact on the State’s labor force was more severe than in other states: the size of the workforce declined more rapidly than the rest of the nation in 2020 and continued to shrink in 2021 when other states recovered.
https://www.osc.ny.gov/files/reports/pdf/new-york-labor-force-2022.pdf