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NYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… is on pace to add more than 72,000 jobs in 2018 and the unemployment rate has fallen to 4.2 percent, the lowest level in 42 years, but financial risks for the city persist, according to a report released today by … economy is on pace to add more than 72000 jobs in 2018 and the unemployment rate has fallen to 42 percent the lowest …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownDiNapoli: Billing and Reimbursement Flaws Allowed $16.6 Million in Inappropriate Payments to Home Health Care Providers
… The state Department of Health (DOH) erroneously made $16.6 million in Medicaid … because the agency mistakenly paid for more days of care than what was provided, according to an audit released … The state Department of Health erroneously made $166 million in Medicaid payments to …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-billing-and-reimbursement-flaws-allowed-166-million-inappropriate-payments-home-health-careDiNapoli: NYC Budget Benefiting From Strong Economy
… begin raising short-term interest rates after keeping them near zero for seven years. While rates will likely rise … assistance from the city. Overtime costs also remain a concern. Last year, overtime spending in the uniformed …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economyDiNapoli: Calls to Investigate Violations of Do Not Call Law Going Unanswered
… than 450,000 annually, but only two cases were referred for enforcement action in 2016 and 2017 combined, according … of State's Division of Consumer Protection is responsible for enforcing the 2001 law. Initially, New York consumers … the division referred only two cases to legal counsel for further enforcement, versus 29 in 2015 and 2014 combined. …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-calls-investigate-violations-do-not-call-law-going-unansweredDiNapoli: State Tax Collections Dip
… for the same period, primarily because of a $1.8 billion pension payment made in April that was paid later during SFY …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-tax-collections-dipState Audit Shows Need to Improve Response to Noise Complaints in NYC
… from nightlife establishments. Auditors determined that 277 locations had 100 or more complaints lodged against them. …
https://www.osc.ny.gov/press/releases/2017/06/state-audit-shows-need-improve-response-noise-complaints-nycDiNapoli: Monroe County Failed to Monitor Contractor Operating Golf Courses, Costing Taxpayers
… have been spent on improving the courses even as the operator drifted toward insolvency, according to an audit … to enforce and periodically review the contract and assess operator performance; Exercise the county’s rights to inspect … daily cash receipts and revenue records; Ensure that the operator provides the required financial reports in a timely …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-monroe-county-failed-monitor-contractor-operating-golf-courses-costing-taxpayersDiNapoli: State Pension Fund Valued at $283.9 Billion at End of First Quarter
… The estimated value of the New York State Common Retirement Fund (Fund) was $283.9 billion at the end of the first quarter of … today. For the three-month period ending June 30, Fund investments returned an estimated 5.46%. “Financial … The estimated value of the New York State Common Retirement Fund Fund was $2839 billion at the end of the first quarter …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-state-pension-fund-valued-283-point-9-billion-end-first-quarterNew York's 529 College Savings Program Delivers $287 Million to College Students Since January
… cost of college on the rise, it’s a great time to consider opening a 529 College Savings account for your child,” … Program, designed to help parents save for college, is tax-advantaged and has been available since 1997. The program is overseen by DiNapoli’s office and the New York State …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryComptroller DiNapoli And A.G. Schneiderman Announce Sentencing of New Jersey Woman in Theft of More Than $162,000 in New York State Pension Benefits
… was conducted by the Comptroller's Division of Investigations, with assistance from Investigator Dennis … Legal Analyst Sara Pogorzelski of the Attorney General's Investigations Division which is led by Chief Investigator … Hotline at 1-888-672-4555, by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-new-jersey-woman-theft-more-162000-newMTA's East Side Access Project 10 Years Late and $4.4 Billion Over Budget
… The Metropolitan Transportation Authority’s (MTA’s) East Side Access project, which will bring Long Island Rail … the MTA has come up short on the goal to deliver the East Side Access project on schedule and within budget,” … as they move forward with their capital program.” East Side Access is the nation’s largest public …
https://www.osc.ny.gov/press/releases/2013/03/mtas-east-side-access-project-10-years-late-and-44-billion-over-budgetIX.10.C Federal Treasury Offset Program (TOP) Agency Responsibilities – IX. Federal Grants
… Immediately upon receipt of an invoice for goods or services provided by a federal … Immediately upon receipt of an invoice for goods or services provided by a federal …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix10c-federal-treasury-offset-program-top-agency-responsibilitiesCUNY Bulletin No. CU-728
… to Higher Education Officer (Assistant to HEO) and EOC Assistant to Higher Education Officer (EOC Assistant to HEO) titles, and to provide instructions for … $1,000 General Salary Increase for Assistant to HEOs and EOC Assistant to HEOs is effective 02/01/2022 and will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-728-february-2022-professional-staff-congress-psc-1000-generalDiNapoli: Wall St. Profits on Pace to Beat 2016
… industry profits totaled $12.3 billion in the first half of 2017, one-third higher than the $9.3 billion earned in the same period last year, putting Wall St. on pace for a second consecutive year of higher profits, … from trading and underwriting rose 29 percent in the first half of the year on the strength of the financial markets, …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-wall-st-profits-pace-beat-2016V.3.F Projects – V. Chart of Accounts (COA) Governance
… have one or more funding sources, may occur across fiscal years and agencies, have defined beginning and end dates or … have one or more funding sources may occur across fiscal years and agencies have defined beginning and end dates or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3f-projectsState Comptroller DiNapoli and Orange County District Attorney Hoovler Announce Guilty Plea in Bethel Tax Collector Pension Fraud Case
… public service is the ability to obtain a pension. Those funds will simply not be available to those who earned them …
https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-and-orange-county-district-attorney-hoovler-announce-guilty-plea-bethelDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… of the Budget to be offset by lower personal income tax (PIT) collections in subsequent years. Excluding the PTET, … spending commitments made recently in the Enacted Budget.” PIT collections totaled $70.7 billion, exceeding prior year collections by $15.7 billion or 28.5%. PIT collections exceeded February Financial Plan projections …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsNYS Common Retirement Fund Reports Third Quarter Results
… Thomas P. DiNapoli. “Continued growth in the stock market has added to the state pension fund’s dramatic … mortgages (22.2 percent), private equity (9.8 percent), real estate and real assets (8.0 percent) and credit, absolute …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsOpen Educational Resources
… Objectives To determine whether the City University of New York (CUNY) is using Open Educational Resources (OER) … OER initiatives adequately engaged faculty in the redesign of courses using OER. Our audit covered the period from April … located throughout New York City’s five boroughs. As of the Fall 2023 semester, approximately 233,000 students …
https://www.osc.ny.gov/state-agencies/audits/2025/03/27/open-educational-resourcesState Agencies Bulletin No. 2092
… Purpose The purpose of this bulletin is to notify agencies that the pensionable … overtime (OT) earnings limit for Tier 6 members of the New York City Employee Retirement System (NYCERS), New … Retirement System (NYCTRS) and the New York City Board of Education Retirement System (NYCBERS) for the 2023 plan …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2092-2023-tier-6-overtime-limit-new-york-city-retirement-systems