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City of Niagara Falls – Financial Management and Information Technology (2013M-47)
… 9, 2013. Background The City of Niagara Falls is located in Niagara County and encompasses approximately 17 square … The City has had a pattern of structural budget deficits, meaning recurring revenues were not sufficient to fund … the budgets using fund balance and an estimate for casino revenue that averaged $5.3 million annually. One cause …
https://www.osc.ny.gov/local-government/audits/city/2013/06/04/city-niagara-falls-financial-management-and-information-technology-2013m-47Town of Big Flats – Financial Management (2013M-170)
… 1, 2010, to May 1, 2013. Background The Town of Big Flats is located in Chemung County and has a population of … Town of Big Flats Financial Management 2013M170 …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-big-flats-financial-management-2013m-170State Agencies Bulletin No. 793
… Workforce>Administer Workforce (GBL)>Use>Personal Data . On the Identity/Diversity tab, DOB must be populated with …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/793-date-birth-dob-requirement-new-members-tiaacref-retirement-planLittle Flower Union Free School District – Tuition (2015M-233)
… July 1, 2014 through June 30, 2015. Background The Little Flower Union Free School District is a special act public … Little Flower Union Free School District Tuition 2015M233 …
https://www.osc.ny.gov/local-government/audits/school-district/2015/11/20/little-flower-union-free-school-district-tuition-2015m-233New Rochelle City School District – Financial Condition (2013M-377)
… However, it has relied heavily on unexpended fund balance from prior years as a financing source for annual … Monitor the use of unrestricted, unappropriated fund balance and identify other funding sources that can be used …
https://www.osc.ny.gov/local-government/audits/school-district/2014/04/18/new-rochelle-city-school-district-financial-condition-2013m-377New York City Economy Continues to Set Records
… New York City employment reached 4.55 million jobs in 2018, … released today by State Comptroller Thomas P. DiNapoli. “New York City is experiencing its largest and longest job … in the nation outside of California, Texas, Florida and New York. Still, most of the jobs added were in employment …
https://www.osc.ny.gov/press/releases/2019/04/new-york-city-economy-continues-set-recordsDiNapoli Examines Fiscal Hurdles Facing Key NYC-Supported Agencies
… city-supported agencies — the New York City Department of Education (DOE), the New York City Housing Authority … the city’s total expenditures. Issues facing DOE include: Asylum Seeker and Migrant Student Enrollment : The city … the city may also need to adjust its expectations of support from federal and state sources. Class Size Mandate : …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-examines-fiscal-hurdles-facing-key-nyc-supported-agenciesOperational Advisory No. 10
… Subject: Updates to the GFO Pertaining to the new Fringe Benefit & Indirect Cost (FBIC) Automation … process. The new process generates journal entries to the General Ledger in the SFS on a more real-time basis … Updates to the GFO Pertaining to the new Fringe Benefit Indirect Cost …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/10-fbic-automationThe VendRep System
… VendRep System is a secure application that allows vendors to enter, maintain and certify their Vendor Responsibility … status of the contract once it’s submitted for approval to the Office of the State Comptroller. Log in or create an account to get started. Using the online questionnaire The VendRep …
https://www.osc.ny.gov/state-vendors/vendrep/vendrep-systemDiNapoli: External Risks Threaten NYC Budget
… risks, it has record reserves to use if needed and Mayor de Blasio plans to expand the citywide savings program to … Trust, which now has a balance of $4 billion. Mayor de Blasio has indicated that the city will continue to expand … report , or go to: http://osc.state.ny.us/osdc/rpt11-2017.pdf …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-external-risks-threaten-nyc-budgetDiNapoli: NYC Projects Budget Surplus For 2017, But Faces Risks With Federal Budget Cuts
… New York City exceeds $18 billion. Any federal cuts to the Health and Hospitals Corp., the New York City Housing … the House of Representatives approved the American Health Care Act, which, if it became law, would reduce future … Stabilization Reserve. It has also replenished the Retiree Health Benefits Trust, which now has a balance of $4 billion. …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-nyc-projects-budget-surplus-2017-faces-risks-federal-budget-cutsDiNapoli Expands State Pension Fund's In-State Investment Program
… an in-state-focused fund. The new fund will be managed by Hamilton Lane. Additional investors in the SBIC fund are TD … move to the next level,” said DiNapoli. “By working with Hamilton Lane, we’ve joined with five major banks to bridge … small businesses for working capital, equipment or real property. With its focus on small business lending, NYBDC can …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-expands-state-pension-funds-state-investment-programTotal Spending – 2023 Financial Condition Report
… (29 percent) has exceeded the rate of inflation (Consumer Price Index increase of 17.7 percent). State spending has been partially …
https://www.osc.ny.gov/reports/finance/2023-fcr/total-spendingTotal Spending – 2021 Financial Condition Report
… percent) has exceeded the rate of inflation (Consumer Price Index increase of 7.7 percent). State spending has been partially …
https://www.osc.ny.gov/reports/finance/2021-fcr/total-spendingTotal Spending – 2022 Financial Condition Report
… percent) has exceeded the rate of inflation (Consumer Price Index increase of 12.1 percent). State spending has been partially …
https://www.osc.ny.gov/reports/finance/2022-fcr/total-spendingVillage of Walden – Financial Condition (2017M-255)
… is located in the Town of Montgomery in Orange County and has a population of approximately 7,000. The Village is … $859,588 to $379,387 from 2013 to 2017. The sewer fund has not repaid the general fund $400,000 in interfund transfers from 2014 through 2016. The Village has no comprehensive multiyear financial plan. Key …
https://www.osc.ny.gov/local-government/audits/village/2018/02/02/village-walden-financial-condition-2017m-255DiNapoli Testifies Before U.S. House Committee on Financial Services Subcommittee on Diversity & Inclusion
… DiNapoli testified today before the U.S. House Committee on Financial Services Subcommittee on Diversity and Inclusion. The hearing, titled “By the … Commitment to Diversity, Equity and Inclusion,” focused on how investors utilize such data. DiNapoli said research …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-testifies-us-house-committee-financial-services-subcommittee-diversity-inclusionDiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… Medicaid," DiNapoli said. "With these risks in mind, Mayor de Blasio and the city have prudently increased reserves to …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetOpinion 99-1
… views of the Office of the State Comptroller at the time it was rendered. The opinion may no longer represent those … subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. VOLUNTEER … right to a service award) GENERAL MUNICIPAL LAW, §§217(j), 218(e), 219(f): (1) The assets of a service award …
https://www.osc.ny.gov/legal-opinions/opinion-99-1Comptroller DiNapoli Releases School Audits
… and charter school finances and operations to ensure money is being spent appropriately and effectively. The … $60 billion in federal, state and local funds. For additional background or a comment on a specific audit, … funds, the fund balance for the five years ranged from 26.7 percent to 29.4 percent of the ensuing year’s …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-releases-school-audits-1