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Oversight of the Title Insurance Industry
… Objective To determine if the Department of Financial Services (DFS) adequately … 208’s prohibition on improper inducements. Key Findings While DFS – due to perceived weaknesses in the Industry – has …
https://www.osc.ny.gov/state-agencies/audits/2019/03/21/oversight-title-insurance-industryDiNapoli Statement on Lunar New Year
… to all New Yorkers. My best wishes for an auspicious Year of the Goat that brings peace, prosperity and good health to …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-statement-lunar-new-yearXI.18.D Sales and Compensating Use Tax Documentation – XI. Procurement and Contract Management
… to certify to DTF that the contractor, and, to the best of the contractor's knowledge, any affiliates and … compensating use tax, or that the contractor and, to the best of the contractor's knowledge, any affiliates and … the certification requirements of the law. Furthermore, for contracts already in effect, and which provide for a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18d-sales-and-compensating-use-tax-documentationDiNapoli: Tax Breaks From IDAs Continue to Climb
… New York's Industrial Development Agencies (IDAs) provided … associated with county IDAs, with 2,713 (61 percent) of all active projects. City IDAs accounted for 932 projects in … accounted for 1,187 projects, or 26 percent of all projects, in 2015. It has continued to be the most common …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-tax-breaks-idas-continue-climbDiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… New York State Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was … prudent management and long-term perspective.” The Fund's value reflects retirement and death benefits of $3.794 …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterEnforcement of the Mitchell-Lama Surcharge Provisions (Follow-Up)
To determine the extent of implementation of the recommendations in our initial audit report Enforcement of the MitchellLama Surcharge Provisions
https://www.osc.ny.gov/state-agencies/audits/2019/09/06/enforcement-mitchell-lama-surcharge-provisions-followCompliance With the Safe Schools Against Violence in Education Act (Follow-Up)
… the need to provide a safe learning environment for New York’s students in pre-kindergarten through 12th grade. To comply with the SAVE Act, the State Education Department (Department) developed a process …
https://www.osc.ny.gov/state-agencies/audits/2016/06/03/compliance-safe-schools-against-violence-education-act-followXI.11.F Contract Monitoring – XI. Procurement and Contract Management
… process. State agencies enter into contracts for a variety of reasons that help the agencies achieve their … begins in the solicitation requirements development phase, when it is critical to involve end-users and fiscal, program, … the actions that will occur in the event the contractor does not comply with contract terms (e.g., corrective action, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11f-contract-monitoringSUNY Bulletin No. SU-342.1
… or fostered child. Per a memorandum dated April 11, 2023, the SUNY Board of Trustees has approved implementation … Chapter 189 of the Laws of 2023, which implemented the 2022-2026 Agreement between the State of New York and the … of HRY, agencies must determine average hours worked per pay period and enter the appropriate payments owed to the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-3421-suny-paid-parental-leave-fullDiNapoli: MTA Faces Its Greatest Challenges in Decades
… Authority (MTA) has been slow to reverse the deterioration in service and its financial plan entails considerable risk, … challenges facing the MTA. "Our regional transit system is in crisis. Service has deteriorated on the city's subways and … has fallen notwithstanding the largest job expansion in New York City's history," DiNapoli said. "Despite an …
https://www.osc.ny.gov/press/releases/2018/10/dinapoli-mta-faces-its-greatest-challenges-decadesDiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter
… that the estimated value of the New York State Common Retirement Fund (Fund) was $254.1 billion at the end of the … of the financial markets in recent months helped the Fund post positive results for the quarter,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarterState Comptroller DiNapoli Releases School Audits
… allowing the purchase of goods through Amazon has a high level of risk because of the ease with which employees can … audit also revealed, however, the district has accumulated excessive balances in several reserve funds. Find out how …
https://www.osc.ny.gov/press/releases/2018/09/state-comptroller-dinapoli-releases-school-auditsNew York State Artificial Intelligence Governance
… Objective To assess various New York State agencies’ progress in establishing an appropriate … AI to ensure that its use is transparent and accurate and does not generate harmful, unintended consequences. New York …
https://www.osc.ny.gov/state-agencies/audits/2025/04/03/new-york-state-artificial-intelligence-governanceComptroller DiNapoli and AG Schneiderman Announce Fourth and Final Guilty Plea in Monroe Co. Bid-Rigging Case
Comptroller Thomas P DiNapoli and Attorney General Eric T Schneiderman today announced the guilty plea of Daniel Lynch a Rochesterarea businessman for working with others to rig the bidding process for multimillion dollar public works contracts in Monroe County
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-and-ag-schneiderman-announce-fourth-and-final-guilty-plea-monroe-co-bid-riggingOversight of the STEM Incentive Program (Follow-Up)
To determine the extent of implementation of the four recommendations included in our initial audit report Oversight of the STEM Incentive Program
https://www.osc.ny.gov/state-agencies/audits/2020/03/11/oversight-stem-incentive-program-followDiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… the end of the third quarter of state fiscal year 2023-24. For the three-month period ending Dec. 31, 2023, Fund … retirement and death benefits of $4.2 billion paid out during the quarter. Its audited value was $248.5 billion … private equity (14.75%), real estate and real assets (13.30%) and credit, absolute return strategies, and …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarterDiNapoli and Schneiderman Announce Guilty Plea in $110,000 Health Contract Theft
… State Comptroller Thomas P. DiNapoli and Attorney General … including a sitting state senator, a current member of the New York City Council, and elected officials from both parties …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-and-schneiderman-announce-guilty-plea-110000-health-contract-theftReview of the Financial Plan of the City of New York
While the FY 2024 budget remains balanced, the city-stated budget gap in FY 2025 is $7.1 billion, the highest level on record and the highest share of city-funded revenue since FY 2011, suggesting significant budgetary pressure to manage.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-16-2024.pdfDiNapoli: State Correction Commission Falling Short in Tracking Problems or Inspecting Prisons
… and Community Supervision (DOCCS) facilities, the system does not include daily incident data, nor does it include information developed in the accreditation of …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-state-correction-commission-falling-short-tracking-problems-or-inspecting-prisonsDiNapoli: State Must Improve Oversight of Most Dangerous Sex Offenders
… is not adequately monitoring the state’s most dangerous sex offenders, often failing to make the minimum number of … DiNapoli. The audit examined compliance with the state’s Sex Offender Management and Treatment Act (Act) at regional … regulations, DOCCS is responsible for closely monitoring sex offenders’ compliance with court-ordered conditions of …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-state-must-improve-oversight-most-dangerous-sex-offenders