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Wall Street Profits Up in 2016
… back strongly in 2016. Lower costs more than made up for the continued decline in revenues," DiNapoli said. … the industry generates a significant amount of tax revenue for both the state and city budgets." Pretax profits for the broker/dealer operations of New York Stock Exchange …
https://www.osc.ny.gov/press/releases/2017/03/wall-street-profits-2016Opinion 95-5
… extent that the proceeds of those bonds were used to pay for the acquisition of telecommunication equipment and costs … be expended only upon authorization of the board and only for payment of system costs as permitted by this article. The municipality shall separately account for and keep adequate books and records of the amount and …
https://www.osc.ny.gov/legal-opinions/opinion-95-5Oversight of the Supported Housing Program – DePaul Group, Inc. and Affiliates
… health services, receive them through other programs. For 2013 and 2014, DCS claimed about $2.9 million in expenses … million in expenses to provide an average of 241 beds, for a total of $6.3 million in Program expenses claimed by the DePaul Group for both direct Program services and indirect administration …
https://www.osc.ny.gov/state-agencies/audits/2016/12/30/oversight-supported-housing-program-depaul-group-inc-and-affiliatesOversight of New York State Forest Tax Programs
… received tax exemptions under the 480 and 480a programs for the period January 2017 through December 2019 and … Tax Law 480a – a tax incentive program (480a Program) for qualifying private forest landowners. Forest land … less local taxes (school, county, and municipal) for the landowner. In return, the landowner commits the land …
https://www.osc.ny.gov/state-agencies/audits/2022/04/20/oversight-new-york-state-forest-tax-programsState Agencies Bulletin No. 2018
… purpose of this bulletin is to provide agency instructions for processing the April 2022 Longevity Payment for Long-Term Seasonal Employees. Affected Employees: … be granted. Effective Dates: Payments may be submitted for Institution Extra Lag paychecks dated 05/05/2022 or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2018-april-2022-longevity-payment-long-term-seasonal-employeesHenderson Fire District – Financial Activities (2025M-67)
… reports. The District’s five-member Board is responsible for the general management and control of the District’s … as the District’s chief fiscal officer and is responsible for receiving and disbursing District funds, maintaining … received reliable information to make informed decisions for the District. In addition, a lack of adequate oversight …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/10/31/henderson-fire-district-financial-activities-2025m-67State Comptroller DiNapoli Releases Audits
… Department of Health: Medicaid Program – Improper Payments for Brand Name Drugs (2020-S-62) The audit identified $1.1 million in Medicaid overpayments for brand name prescription drugs where generic drugs were … cost avoidance associated with 27,455 Medicaid fee-for-service claims for drugs that appear to be generic but …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-releases-auditsState Agencies Bulletin No. 2444
… Background: The Omnibus Budget Reconciliation Bill for Budget Accountability, or One, Big, Beautiful Bill Act … or other specified statement furnished to the individual. For further information please see the IRS News Release “ Treasury, IRS provide guidance for individuals who received tips or overtime during tax year …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2444-newly-created-process-report-flsa-compensatory-time-earned-lieuOpinion 98-12
… all funds raised or collected by the authorities in a city for school purposes or to be used by the board of education for any purpose authorized in this chapter, or any other … section 2580(4) of the Education Law provides that "[i]t shall be unlawful for a city treasurer or other officer …
https://www.osc.ny.gov/legal-opinions/opinion-98-12Calculating Days Worked – Legacy Reporting
… bereavement leave, holidays or time off in lieu of payment for overtime. If a member has reportable salary but no days … during the report period. The total number of hours worked for the month is: (22 days) × (4 hours per day) = 88 hours … Employers (e.g., Libraries and Authorities) . For ten-month employees, determining the number of days to …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/calculating-days-workedDiNapoli: OCFS Should Improve Foster Care Placement Oversight
… Office of Children and Family Services is responsible for the well-being of one of the most vulnerable segments of … total, 150 childrens cases were reviewed. Casework records for 33 of those 150 selected lacked evidence that caseworkers … child within the first 30 days of placement, as required. For example, auditors found the first contact with a child …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-ocfs-should-improve-foster-care-placement-oversightDiNapoli Announces Latest Fiscal Stress Scores
… local governments’ financial health,” said DiNapoli. “For those in fiscal stress, effective long-term planning is critical for charting a better path. These municipalities should use … stress” in this scoring round are in the same category for the second year in a row. They are: the large downstate …
https://www.osc.ny.gov/press/releases/2019/09/dinapoli-announces-latest-fiscal-stress-scoresAbout the Standard Work Day and Reporting Resolution – Reporting Elected and Appointed Officials
… in our county receive compensation from us, but they get paid by the respective towns in the county, as well. Do … in our county receive compensation from us, but they get paid by the respective towns in the county, as well. Do … calls totals 100. Divide the 100 hours by 20 calls to get an average of five hours per call. If the Coroner then …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/about-standard-work-day-and-reporting-resolutionOpinion 98-17
… employees of the housing authority and to be held liable for the costs incurred under section 18. You ask whether a … section upon its employees, and (ii) to be held liable for the costs incurred under these provisions; or (b) where the governing body of a municipality, for whose benefit the public entity has been established , …
https://www.osc.ny.gov/legal-opinions/opinion-98-17DiNapoli Finds Major Problems with Rochester School District Payments
… mistakes and their potential total dollar value is cause for significant concern. The district has not implemented the … 6,978 employees. The district's budgeted appropriations for the 2016-17 fiscal year are approximately $865 million, … Payroll payments totaled approximately $640.4 million for the district's 2014-15 and 2015-16 fiscal years. …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-finds-major-problems-rochester-school-district-paymentsNew York’s Economy and Finances in the COVID-19 Era (May 13, 2021)
… signed in March 2021, authorized economic impact payments for individuals and families. These payments, sometimes … like groceries and household expenses . Eligibility for the checks varied under each package, but the payments … eligible individuals received $1,200 payments ($2,400 for married couples) and those with children received an …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-may-13-2021Jackson Child Development Center, Inc. – Compliance With the Reimbursable Cost Manual
… audit focused primarily on expenses claimed on JCDC’s CFR for the fiscal year ended June 30, 2020, and certain expenses claimed on its CFRs for the 2 fiscal years ended June 30, 2019. About the Program JCDC is a New York City-based not-for-profit organization approved by SED to provide preschool …
https://www.osc.ny.gov/state-agencies/audits/2025/05/07/jackson-child-development-center-inc-compliance-reimbursable-cost-manualEnforcement of the Mitchell-Lama Surcharge Provisions
… Our audit focused on the income affidavits submitted for the 2012 calendar year, the most recent year for which DHCR had verified affidavits at the time of our … apartments were built under the program. In exchange for low-interest mortgage loans and real property tax …
https://www.osc.ny.gov/state-agencies/audits/2018/04/10/enforcement-mitchell-lama-surcharge-provisionsHomeless Outreach Services in the New York City Subway System
… and the New York City Department of Homeless Services (DHS) have appropriate oversight and monitoring controls over … MTA entered into a Memorandum of Understanding (MOU) with DHS to provide homeless outreach and placement services. In turn, DHS contracted with Bowery Residents’ Committee (BRC), a …
https://www.osc.ny.gov/state-agencies/audits/2020/01/16/homeless-outreach-services-new-york-city-subway-systemContact Us
… certain unclaimed property to owners – no claim required. For inquiries, see our frequently asked questions or contact … claim? To protect your privacy and prevent fraud, we can’t tell you the amount of your claim until we receive and … your Claim ID. Check your junk or spam folder if you can’t find it. By mail: You would have received an email (or …
https://www.osc.ny.gov/unclaimed-funds/claimants/contact-us