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Comptroller DiNapoli Releases School Audits
… Central School District , Kenmore-Town of Tonawanda Union Free School District , Penfield Central School District . “In … by the meal sales. Kenmore-Town of Tonawanda Union Free School District – Financial Management (Erie County) The …
https://www.osc.ny.gov/press/releases/2015/11/comptroller-dinapoli-releases-school-auditsCity of Newburgh – Budget Review (B20-6-12)
… some of its State funding. Key Recommendations Develop a plan to maintain fund balance at a reasonable level to ensure …
https://www.osc.ny.gov/local-government/audits/city/2020/11/13/city-newburgh-budget-review-b20-6-12State Comptroller DiNapoli Releases School District Audits
… $900,000 in fund balance that was not used. As of June 30, 2019, recalculated surplus fund balance exceeded … were used for personal activity, increasing the likelihood of the district’s network being exposed to malicious … made available to the Comptroller’s auditors or the board of education for review and approval. Sensitive information …
https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-releases-school-district-audits-1City of Mechanicville – Records and Reports (2012M-162)
… Purpose of Audit The purpose of our audit was to review the City’s … could be under fiscal stress and the Council would not know it. Key Recommendations Develop a plan to correct the … to alleviate the apparent fiscal stress in certain City funds. … City of Mechanicville Records and Reports 2012M162 …
https://www.osc.ny.gov/local-government/audits/city/2013/02/01/city-mechanicville-records-and-reports-2012m-162City of Troy – Budget Review (B19-5-8)
… the significant revenue and expenditure projections in the City’s proposed budget for the 2020 fiscal year are reasonable. Background The City of Troy, located in Rensselaer County, is authorized to issue debt not to exceed $24,706,000 to liquidate cumulative deficits in the City’s general fund for the years ending December 31, …
https://www.osc.ny.gov/local-government/audits/city/2019/11/07/city-troy-budget-review-b19-5-8Cincinnatus Central School District – Fund Balance and Reserves (2014M-191)
… was to evaluate the financial condition of the District for the period July 1, 2012 through April 17, 2014. … The District’s general fund budgeted appropriations for the 2014-15 fiscal year is $14.6 million. Key Findings … The District’s fund balance exceeded the statutory limit for two out of the last three years. District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/10/cincinnatus-central-school-district-fund-balance-and-reserves-2014m-191DiNapoli: Town of Bennington Audit Leads to Arrest
… The clerk in the Wyoming County town of Bennington was arrested today … permits, fees and town tax collections but not deposited in the town’s bank accounts, according to New York State … Department and charged with one felony count of filing a false instrument and three misdemeanor counts of official …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-town-bennington-audit-leads-arrestDiNapoli: Organic Farms Growing in New York
… Sales of organic farm products rose 56 percent statewide from 2008 to 2014 with $164 million … Thomas P. DiNapoli . In 2015, New York’s organic sales rose another 35 percent. "Organic farming is not a fad, but a … … Sales of organic farm products rose 56 percent statewide from 2008 to 2014 with $164 million …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-organic-farms-growing-new-yorkChautauqua County Asst. Treasurer Guilty in $4,100 Theft
… and Soil District pleaded guilty today to stealing $4,100 in county funds, according to State Comptroller Thomas P. … she collected from the public, instead of depositing them in the bank. DiNapoli’s office discovered the gap during an … with Chautauqua County District Attorney Patrick Swanson in the criminal investigation. Kelley, 48, of Portland, …
https://www.osc.ny.gov/press/releases/2019/05/chautauqua-county-asst-treasurer-guilty-4100-theftComptroller DiNapoli & A.G. Schneiderman Announce Indictment of Former Highway Superintendent in Public Corruption Case
… former Highway Superintendent for the Town of Erin, in a public corruption case involving the alleged theft of … Degree, a Class C Felony, three counts of Offering a False Instrument for Filing in the First Degree, a Class E … Karam, and Bureau Chief Dominick Zarrella. The charges are accusations and the defendant is presumed innocent unless and …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-ag-schneiderman-announce-indictment-former-highway-superintendent-publicDiNapoli: Identity Theft Cases Surged in New York in 2020
… Identity thefts in New York surged during the pandemic with more than 67,000 complaints filed statewide in 2020, which was 85 percent more than the previous year and … COVID-19 vaccine or to put their name on a vaccine waiting list and, in the process, take their Social Security, bank …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-identity-theft-cases-surged-new-york-2020DiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… and enjoyed the largest one-year investment return in its history,” DiNapoli said. “This outsized return … reinforces the Fund’s position as one of the strongest in the nation, but it comes with a caution. Markets remain … on recommendations from the Retirement System’s Actuary in September. Integral to the Fund’s strength have been the …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyDiNapoli: Fewer Counties Exceeding Tax Cap
… The number of counties overriding New York’s property tax cap has … levy increase has remained at or below 2 percent in each of the past four years. “Counties are holding the line on … beginning in 2012, limits tax levy increases to the lesser of the rate of inflation or 2 percent with some exceptions, …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-fewer-counties-exceeding-tax-capDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… the MTA’s budget through 2026 — and federal approval for congestion pricing — are positive signs that the MTA can … whether it comes back to riders, toll payers and taxpayers for more assistance down the road. Key Findings: MTA’s … 2025 before declining slightly. However, after adjusting for recent MTA and state actions, DiNapoli’s office projects …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… Local government sales tax collections in New York state totaled $22.1 billion in calendar year 2022, up 12.7%, or $2.5 billion, from 2021 due to strong sales statewide, especially in New York City, according to a report released today by …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: 14 School Districts Designated in Fiscal Stress
… Fourteen school districts statewide were designated in some level of fiscal stress under New York State … year (SY) ending on June 30, 2022, down from 23 districts in fiscal stress the prior year. This is the lowest incidence … (2012-13 school year). “The number of districts designated in a fiscal stress category has fallen considerably over the …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-14-school-districts-designated-fiscal-stressDiNapoli: Former Morley Fire Company Treasurer Ordered to Pay $50,000 for Theft of Public Funds
… Fire Co., Cindi Perkins, was yesterday ordered to pay $50,000 in restitution and sentenced to serve five years … guilty to grand larceny in the fourth degree in November 2023. “Ms. Perkins diverted money meant to protect her … Volunteer Fire Co Cindi Perkins was yesterday ordered to pay $50000 in restitution and sentenced to serve five years …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-former-morley-fire-company-treasurer-ordered-pay-50000-theft-public-fundsDiNapoli: Financial Settlements and Federal Aid Boosted State Revenue to $149 Billion in 2014-15
… New York collected $149.1 billion in revenue in fiscal year 2014-15, an increase of $11.4 … DiNapoli said. “While these settlements are certainly good for the state’s bottom line, we can’t expect such windfalls … $48.6 billion in federal grants, which were used primarily for Medicaid (including new costs related to the Affordable …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-financial-settlements-and-federal-aid-boosted-state-revenue-149-billion-2014-15DiNapoli: Tax Exemptions Jump While Job Gains Slow for IDA Projects
… Development Agencies (IDAs) provided $660 million in net tax exemptions in 2013, up $105 million from 2012 but estimated job gains … can be an important catalyst for economic development in our state, but I urge local officials to improve their …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-tax-exemptions-jump-while-job-gains-slow-ida-projectsComptroller DiNapoli & A.G. Schneiderman Announce Jail Time for Former Highway Superintendent Sentenced in Public Corruption Case
… the event that Burlew fails to pay restitution, he faces up to fifteen years in state prison. "Mr. Burlew began to … from New York taxpayers will be held accountable by our joint task force with Attorney General Schneiderman. I thank … purposes, when they were actually for personal use. The Joint Task Force on Public Integrity is a cooperative effort …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-ag-schneiderman-announce-jail-time-former-highway-superintendent-sentenced-0