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Opinion 89-47
… section 172-d provides the requisite statutory authority for the dissolution of the two fire protection districts and … same time as town taxes. Section 181 makes no provision for the allocation of any costs, including those for debt service, between the original area of the fire …
https://www.osc.ny.gov/legal-opinions/opinion-89-47Local Government – 2023 Financial Condition Report
… property tax revenues are the largest source of revenue for local governments. In local fiscal years ending (LFY) in 2021, property taxes accounted for $38.1 billion, or 42.1 percent, of total revenue ($90.5 billion) for local governments outside of New York City. School …
https://www.osc.ny.gov/reports/finance/2023-fcr/local-governmentDiNapoli: NYC’s Tech Boom Partially Offset City's Pandemic Job Losses
… grew, and the number of companies and jobs has soared. For the tech sector’s continued success, the city and state … of businesses also grew. Tech sector businesses accounted for over 20% of the city’s total private firms added during … the largest subsector of tech in New York City, accounting for almost 40% of tech sector employment in 2021. The fastest …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nycs-tech-boom-partially-offset-citys-pandemic-job-lossesIV.4.B Department Operations – Non-Personal Service – IV. Accounting Codes - Uses and Descriptions
… railcar, grade crossing systems, rail repair, etc. 56055 Acquisition – Safety Equipment Purchase of safety …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv4b-department-operations-non-personal-serviceDiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… New York State Comptroller Thomas P. DiNapoli today announced his … the course of two decades she worked in a variety of roles on Wall Street, including emerging markets, interest rates … the best managed and best funded plans in the nation. Find out how your government money is spent at Open Book New York …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundHawthorne Foundation, Inc. – Compliance With the Reimbursable Cost Manual
… with disabilities who are between three and five years of age. Hawthorne is reimbursed for preschool special … ended June 30, 2015, Hawthorne reported approximately $2.8 million in reimbursable costs on its CFR for one … in other than personal service costs, which consisted of $11,419 in expensed equipment that was not properly …
https://www.osc.ny.gov/state-agencies/audits/2017/10/06/hawthorne-foundation-inc-compliance-reimbursable-cost-manualCost-Saving Ideas: Managing Workers' Compensation Costs
… can get insurance for workers’ compensation in one of four ways: Purchase a policy from a private sector … official should review your bill to assess the accuracy of your employees' job classifications and the apportionment of their gross wages and salaries to those job …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-managing-workers-compensation-costsOpinion 97-5
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … -- Private Roads (construction of by village) VILLAGES -- Powers and Duties (construction of and assessment for private …
https://www.osc.ny.gov/legal-opinions/opinion-97-5Selected Financial Management Practices
… Purpose To determine if the Hudson River Park Trust has established adequate controls over the following … through March 26, 2014. Background The Hudson River Park Trust (Trust) is a public benefit corporation authorized …
https://www.osc.ny.gov/state-agencies/audits/2014/12/26/selected-financial-management-practicesCity of Glen Cove – Budget Review (B7-16-12)
… budget contains no appropriation for the payment of tax certiorari refunds, which have averaged $923,000 over the … City officials told us they intend to use debt to finance tax certiorari settlements. The City’s proposed budget complies with the tax levy limit. Key Recommendations The City should avoid …
https://www.osc.ny.gov/local-government/audits/city/2016/10/14/city-glen-cove-budget-review-b7-16-12DiNapoli Calls on Companies to Increase Board Diversity
… Advisor — seeking increased board diversity, inclusive of sex, race, ethnicity, age, gender identity and sexual … no women directors that DiNapoli has contacted as trustee of the New York State Common Retirement Fund in recent … with diverse boards perform better,” DiNapoli said. “Lack of diversity puts companies at a competitive disadvantage. …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-calls-companies-increase-board-diversityComptroller DiNapoli Releases School Audits
… P. DiNapoli today announced his office completed audits of the Schenectady City School District , Sidney Central … board adopted budgets that included plans to use nearly $2.5 million of fund balance to finance operations during the … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-releases-school-auditsComptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of the Village of Endicott , Village of Hempstead , City of Lackawanna , Town of Willing and the …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-municipal-audits-1State Comptroller DiNapoli Releases State Audits
… expenses in all material respects. The board made minor payroll allocation errors that had no net impact on the total … because some workers were charged to the wrong department payroll. For access to state and local government spending …
https://www.osc.ny.gov/press/releases/2016/11/state-comptroller-dinapoli-releases-state-auditsComptroller DiNapoli Releases Municipal Audits
… or provide oversight of disbursements related to the district’s line of credit, payroll or petty cash. Additionally, no district official reviewed the processed payroll reports …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-municipal-audits-0Economic and Demographic Trends – 2023 Financial Condition Report
… 2019 employment levels. New York Ranked 45th Nationwide for Personal Income Growth in 2022 Personal income in 2022 … in 2022, ranking third nationwide. New York ranked eighth for economic growth in 2022. Idaho ranked highest (4.9 …
https://www.osc.ny.gov/reports/finance/2023-fcr/economic-and-demographic-trendsState Pension Fund Adds $30 Million for Investments in New York Companies
… The New York State Common Retirement Fund has committed an additional $30 … announced today. The commitment will be made through the pension fund’s In-State Private Equity Investment Program, … of the state pension fund, I’m committed to seeking out profitable investment opportunities for the Retirement …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesNY State Comptroller DiNapoli Statement on McDonald's Agreement to Tie Executive Compensation to Diversity, Workforce Management
… Fund, released the following statement today in response to McDonald’s decision to disclose workforce diversity data … inclusion and ensure improved human capital management. As a result of McDonald’s new policy, DiNapoli and the Fund are … their shareholder proposal that had asked the company to connect executive compensation to the company’s management of …
https://www.osc.ny.gov/press/releases/2021/02/ny-state-comptroller-dinapoli-statement-mcdonalds-agreement-tie-executive-compensation-diversityDiNapoli: State Tax Revenues Down $3 Billion
… are down and New York continues to withhold billions of dollars in spending due to the fiscal impact of the coronavirus pandemic,” DiNapoli said. “Caution is … certain local assistance, through the first seven months of the fiscal year was $49.9 billion, or $6.1 billion lower …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-tax-revenues-down-3-billionTown of Carroll – Internal Controls Over Selected Financial Activities (2013M-221)
… with real property taxes and State aid. Two Town justices have jurisdiction over certain criminal and civil matters and …
https://www.osc.ny.gov/local-government/audits/town/2014/03/21/town-carroll-internal-controls-over-selected-financial-activities-2013m-221