Search
State Comptroller DiNapoli Releases Municipal and School Audits
… from county departments. Expenditures for one contract exceeded the agreed upon contract amount by $215,395. Long … surplus fund balance that exceeded the statutory 4% limit in three of the four years reviewed by as much as 5 … million, the surplus fund balance exceeded the statutory limit by as much as 9 percentage points and overestimated …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-releases-municipal-and-school-auditsDiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… Office buildings in New York City remain a critical contributor to its economy and tax base, as market … saw the largest growth in market value (56%) among the top 20 office zip codes in the city fueled by Hudson Yards … sectors increased in many of these areas. The city’s historic business districts will face a longer road to …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceNYS and NYC Pension Funds To SEC: Greater Disclosure Needed On Risks Faced By Fossil Fuel Industry
… Thomas P. DiNapoli and New York City Comptroller Scott M. Stringer today called on the Securities and Exchange … NYS Comptroller Thomas P DiNapoli and NYC Scott M Stringer today called on the SEC to compel fossil …
https://www.osc.ny.gov/press/releases/2015/04/nys-and-nyc-pension-funds-sec-greater-disclosure-needed-risks-faced-fossil-fuel-industryOpinion 89-48
… that bear on the issues discussed in the opinion. COUNTY CLERK -- Powers and Duties (custody of bonds to discharge … Lien Law, §37) LIEN LAW, §37: Bonds executed to the county clerk pursuant to Lien Law, §37 to secure payment of any … property are held in the physical custody of the county clerk and are indexed in accordance with subdivision 10 of …
https://www.osc.ny.gov/legal-opinions/opinion-89-48Exxon's Investors Call for Meaningful Climate Risk Plan
… Church of England, are calling on ExxonMobil to explain how its business will be impacted by global efforts to … demand. Unlike its peers that have agreed to analyze how the effort to limit global warming impacts their … the Church of England are calling on ExxonMobil to explain how its business will be impacted by global efforts to …
https://www.osc.ny.gov/press/releases/2017/04/exxons-investors-call-meaningful-climate-risk-planDiNapoli: NY's Homeownership Rate Lowest in the Nation
… New York state has the lowest homeownership rate in the nation, driven by low rates in New York City, … that dream has been unattainable,” DiNapoli said. “The low rate of ownership for Black, Asian, and Hispanic New Yorkers … an equal opportunity.” New York’s overall homeownership rate has trailed the nation since 2005, with the gap between …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nys-homeownership-rate-lowest-nationTuition Assistance Program – DeVry College
… students for State-funded Tuition Assistance Program (TAP) awards. Background Founded in 1931, DeVry University … programs leading to an associate’s or bachelor’s degree. TAP-eligible programs include business administration, … students enrolled at DeVry’s New York campuses. TAP is an entitlement program designed to provide funds for …
https://www.osc.ny.gov/state-agencies/audits/2015/04/06/tuition-assistance-program-devry-collegeDiNapoli: Queens Woman Pleads Guilty to Stealing $85,000 in NYS Pension Payments Meant for Her Deceased Father
… her deceased father, State Comptroller Thomas P. DiNapoli and Albany County District Attorney David Soares announced. … the plea. “Deanna Hansen callously exploited her father’s death to steal from the state retirement system,” DiNapoli … was in his and his deceased wife’s name. He died in April 2020, at which time the pension payments should have stopped. …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-queens-woman-pleads-guilty-stealing-85000-nys-pension-payments-meant-her-deceased-fatherXV.4.A Reconciling Prior Fiscal Year Credit Card Charges – XV. End of Year
… must review and reconcile all credit card charges incurred prior to April 1 of the previous fiscal year. When charges are not properly accounted for prior to FYE, SFS must move the charges from one accounting … Unit hosted by the Office of General Services’ Business Service Center (BSC) needs guidance, staff should reach out …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv4a-reconciling-prior-fiscal-year-credit-card-chargesOperational Advisory No. 32
… is from a vendor for items purchased with a procurement card. For example, the original voucher was paid to Citibank but the refund would be from the actual vendor (i.e. Staples). Agencies must include the Citibank voucher ID as backup or in comments. Use Supplier …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/32-refund-appropriation-ap-adjustment-voucher-guidelinesSeized Assets Program (Follow-Up)
… 2013-S-46 ). Background The mission of the New York State Division of State Police (Division) is to serve, protect, and defend the people of New … proceeds of a criminal activity. As of October 2017, the Division was tracking 3,193 pending seized assets valued at …
https://www.osc.ny.gov/state-agencies/audits/2017/11/28/seized-assets-program-followGroton Central School District – Financial Management (2014M-288)
… Purpose of Audit The purpose of our audit was to examine the District’s financial activities for the period … that benefits taxpayers. Transfer excess reserve funds to unassigned fund balance, where allowed by law, or to other reserves established and maintained in compliance …
https://www.osc.ny.gov/local-government/audits/school-district/2015/01/09/groton-central-school-district-financial-management-2014m-288Eldred Central School District – Budget Review (B4-15-3)
… budget for the 2015-16 fiscal year. Background The Eldred Central School District, located in Orange and … Eldred Central School District Budget Review B4153 …
https://www.osc.ny.gov/local-government/audits/school-district/2015/04/08/eldred-central-school-district-budget-review-b4-15-3Harpursville Central School District – Financial Management (2013M-261)
… towns in Chenango County. The District is governed by the Board of Education which comprises seven elected members. The … year were approximately $16.1 million. Key Findings The Board and District officials did not ensure that fund …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/03/harpursville-central-school-district-financial-management-2013m-261Monticello Central School District – Budgeting (2014M-97)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial condition for the period … fund balance exceeds the statutory maximum and continues to grow. Some of the District’s reserve funds are funded at … with the District’s actual revenues and expenditures to avoid raising more real property taxes than necessary. …
https://www.osc.ny.gov/local-government/audits/school-district/2014/09/05/monticello-central-school-district-budgeting-2014m-97Town of Allen – Town Clerk Collections (2024M-120)
… (Board) to determine whether all collections for culvert pipe sales were properly recorded, reported and remitted to …
https://www.osc.ny.gov/local-government/audits/town/2025/02/14/town-allen-town-clerk-collections-2024m-120Sayville Union Free School District – Financial Condition and Cellular Telephones (2015M-86)
… through August 31, 2014. Background The Sayville Union Free School District is located in the Town of Islip, Suffolk … Sayville Union Free School District Financial Condition and Cellular …
https://www.osc.ny.gov/local-government/audits/school-district/2015/08/14/sayville-union-free-school-district-financial-condition-and-cellularChester Union Free School District – Financial Management and Board Oversight (2016M-95)
… July 1, 2014 through September 29, 2015. Background The Chester Union Free School District is located in the Town of Chester, Orange County. The District, which operates two … Chester Union Free School District Financial Management and …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/chester-union-free-school-district-financial-management-and-boardVillage of Hempstead – Budget Review (B17-7-6)
… revenue and internal services funds as of May 31, 2005. New York State Local Finance Law Section 10.10 requires municipalities …
https://www.osc.ny.gov/local-government/audits/village/2017/04/14/village-hempstead-budget-review-b17-7-6Albion Central School District – Financial Management (2021M-200)
… and District officials: Overestimated appropriations by a total of $24 million from 2017-18 through 2020-21. … Could not explain how the Finance Committee participated in the budgeting process or identify what reports the … practice of overestimating appropriations resulted in the District levying more real property taxes than needed …
https://www.osc.ny.gov/local-government/audits/school-district/2022/03/11/albion-central-school-district-financial-management-2021m-200