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DiNapoli: Problems Caused by Outdated System Left State's Unemployment Insurance Program Vulnerable to Fraud
… pleased the department agreed with our recommendations and is moving to implement them.” DOL officials did not heed … back as 2010 that its UI system was out of date, nor did it address issues identified in a 2015 State Comptroller’s … the number of weeks that payments were made); and How the claims were identified as fraudulent (e.g., whether …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-problems-caused-outdated-system-left-states-unemployment-insurance-program-vulnerable-fraudNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s office is … due to the COVID-19 pandemic leaves a daunting path ahead for the State to climb back to pre-recession employment levels. For New York City, the picture is even more troubling. New …
https://www.osc.ny.gov/reports/covid-19-september-2-2020DiNapoli: Local Sales Tax Collections Up 3.8% in August
… York City’s collections totaled $793 million, an increase of 4.4%, or $33 million, compared to the same time last year. County and city collections in the rest of the state totaled $945 million, an increase of 3.5%. Most (45 of 57) counties experienced year-over-year …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-local-sales-tax-collections-3-point-8-percent-augustII.2 New York State Accounting Policies – II. New York State Financial Accounting
… to prescribe such methods of accounting as are necessary for the performance of the foregoing duties. The State … Law provides more detailed general fiscal provisions for accounting for appropriations, state funds, and financial reporting. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii2-new-york-state-accounting-policiesDiNapoli: Unsafe Conditions, Questionable Spending Found at Affordable NYC Housing Complexes
… spending at three affordable housing complexes show a need for greater oversight of the Mitchell-Lama program by the New … overseeing the Mitchell-Lama program and ensure funding for these buildings goes toward their maintenance.” The … it is to ensure proper maintenance and repair. Rents increases for hardworking tenants are a constant, yet many of …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-unsafe-conditions-questionable-spending-found-affordable-nyc-housing-complexesDiNapoli Urges New Yorkers To Spend Holiday Gift Cards
… received during the holidays. When gift cards aren’t used for five years, their balances may be turned over by … gift cards early this new year and remember to check for unclaimed funds . “Tis the season of giving, not losing, … gift card recipients to read the fine print on the card for details about any fees and expiration dates and to …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-urges-new-yorkers-spend-holiday-gift-cardsDiNapoli Report Highlights MTA's Significant Needs
… the Metropolitan Transportation Authority’s (MTA) latest 20-Year Needs Assessment, reviews the depth of work needed to … to be transparent. Riders and policymakers need to know what these capital projects mean for them, the progress that … MTA’s ongoing modernization of signals. Although delays caused by New York City Transit’s outdated signal system have …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-report-highlights-mtas-significant-needsState Agencies Bulletin No. 2322
… agencies of OSC’s automatic processing of the April 2025 increases to Location Pay and Location Mid-Hudson pay, … Inconvenience Pay and to provide agencies instructions for submitting payments not processed automatically. Affected … processing of the automatic increases: NHRP703 - Mass Salary Additional Pay Report This report identifies all …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2322-april-2025-increases-location-pay-and-location-mid-hudson-pay-facilityState Agencies Bulletin No. 2323
… agencies of OSC’s automatic processing of the April 2025 increases to Location Pay and Location Mid-Hudson pay, … Hazardous Duty Pay and to provide agencies instructions for submitting payments not processed automatically. Affected … processing of the automatic increases: NHRP703 - Mass Salary Additional Pay Report This report identifies all …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2323-april-2025-increases-location-pay-and-location-mid-hudson-pay-commandAs Racial Homeownership Disparities Persist, State's Mortgage Agency Increases Lending to Minority and Low-Income Borrowers
… help overcome these hurdles, but improvements to data and reporting are needed so policymakers have better information … (LIRP), which offer low-interest rate mortgages for first-time homebuyers. Of the two borrowing assistance programs, … lowest average with 1.2%. SONYMA last reported more robust county-specific data in 2016. Recommendations As DiNapoli …
https://www.osc.ny.gov/press/releases/2025/06/racial-homeownership-disparities-persist-states-mortgage-agency-increases-lending-minority-and-lowOtisco Fire District – Financial Activities (2025M-42)
… [read complete report – pdf] Audit Objective Did the Otisco Fire District (District) Board … to the Board? Audit Period January 1, 2023 – February 4, 2025 Understanding the Program The Board is responsible for …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/08/01/otisco-fire-district-financial-activities-2025m-42DiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… may have positioned New York City’s securities industry for a good year despite recent economic developments, … securities industry employment was a positive development for the city’s economy, the industry may resort to staffing … over the coming months to bolster profits. The average salary, including bonuses, in the securities industry in New …
https://www.osc.ny.gov/press/releases/0215/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startWest Sparta Independent Volunteer Fire Department Company Number 1, Inc. – Board Oversight (2025M-44)
… or implement compensating controls to safeguard funds, and review records and reports to detect discrepancies. The Department has 27 volunteer members and is governed by its bylaws and a four-member Board. The …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2025/08/29/west-sparta-independent-volunteer-fire-department-companyRochester Prep Charter School 3 – IT Asset Management (2025M-36)
… of Operations supervise the special project managers, for the respective middle or elementary school, who can order IT assets and are responsible for receiving the IT assets at the School. The Regional … complete, accurate and detailed inventory records for all IT assets. The Regional Superintendent, IT Director, …
https://www.osc.ny.gov/local-government/audits/charter-school/2025/08/29/rochester-prep-charter-school-3-it-asset-management-2025m-36NYS Common Retirement Fund Reports First Quarter Results
… of the State Fiscal Year (SFY) 2019-20 was 3.38 percent for the three-month period ending June 30, 2019, raising its … percent target rate of return to determine if it is due for an adjustment as a matter of prudent fiscal management. … state and municipal employees with retirement security for generations to come." The Fund's estimated value reflects …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli: State Tax Collections Dip
… totaling $19.8 billion fell short of projections for New York state in the first quarter of the state’s fiscal … of $38.4 billion were $831.1 million below projections for the period, primarily because personal income tax … that was paid later during SFY 2015-16. Other significant increases include spending for public health programs (up …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-tax-collections-dipNY State Comptroller DiNapoli Asks Express Scripts' Shareholders to Back Cyber Security Risk Proposal
… Scripts shareholders urging them to support his call for the pharmacy benefit management company to publicly … it has taken to mitigate cyber risk in its operations. For any long term investor, this could be both material and … I am urging our fellow shareholders to join us in calling for more details from the company." DiNapoli filed the …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-asks-express-scripts-shareholders-back-cyber-security-risk-proposalNY State Comptroller DiNapoli: Wells Fargo Needs to Pull Back the Curtain on Its Incentive Pay Program
… Wells Fargo shareholders urging them to support his call for the bank to provide a report detailing the company's … to fellow Wells Fargo shareholders to support his call for the bank to provide a report detailing the companys …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-wells-fargo-needs-pull-back-curtain-its-incentive-pay-programDiNapoli: NYC Budget Benefiting From Strong Economy
… New York City is projecting a surplus of $135 million for fiscal year 2016, but the surplus will likely grow as tax … P. DiNapoli. “This is shaping up to be another solid year for the city. Job growth in the five boroughs has been … industry, one of the city’s economic engines, is on track for a good year and profits are likely to exceed last year’s …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economyState Audit Shows Need to Improve Response to Noise Complaints in NYC
… The growing number of noise complaints related to nightlife establishments in … today by State Comptroller Thomas P. DiNapoli. "The number of noise complaints in New York City more than doubled between 2010 and 2015, including tens of thousands involving nightlife, but my auditors found …
https://www.osc.ny.gov/press/releases/2017/06/state-audit-shows-need-improve-response-noise-complaints-nyc