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DiNapoli Report Highlights MTA's Significant Needs

… examines the Metropolitan Transportation Authority’s (MTA) latest 20-Year Needs Assessment, reviews the depth of work … LIRR’s replacement of its oldest cars with M9 cars has run into delays and performance issues may be associated with … into Grand Central Madison. Metro-North Railroad  The latest Needs Assessment shows that Grand Central Terminal’s …

https://www.osc.ny.gov/press/releases/2024/02/dinapoli-report-highlights-mtas-significant-needs

As Racial Homeownership Disparities Persist, State's Mortgage Agency Increases Lending to Minority and Low-Income Borrowers

… The State of New York Mortgage Agency (SONYMA) has boosted lending and … disadvantaged communities, increasing its share of loans provided to low-income and minority borrowers over … Calendar Year (CY) 2023, SONYMA’s loans accounted for 1% of mortgages originated in New York. While all mortgages …

https://www.osc.ny.gov/press/releases/2025/06/racial-homeownership-disparities-persist-states-mortgage-agency-increases-lending-minority-and-low

Otisco Fire District – Financial Activities (2025M-42)

… Objective Did the Otisco Fire District (District) Board of Fire Commissioners (Board) and Treasurer ensure … is responsible for the general management and control of financial activities. The Treasurer serves as the … District had three bank accounts with a combined balance of approximately $500,000. Audit Summary We conducted an …

https://www.osc.ny.gov/local-government/audits/fire-district/2025/08/01/otisco-fire-district-financial-activities-2025m-42

DiNapoli Says Wall Street May Still Have a Good Year Given Strong Start

… Wall Street’s profits were strong in the first half of 2015 at $11.3 … faces volatile financial markets and an unsteady global economy,” DiNapoli said. “After years of downsizing, the … industry continues to be a major contributor to the city’s economy and a large contributor to the state and city …

https://www.osc.ny.gov/press/releases/0215/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-start

West Sparta Independent Volunteer Fire Department Company Number 1, Inc. – Board Oversight (2025M-44)

… Fire Department Company Number 1, Inc. (Department) Board of Directors (Board) provide adequate oversight of financial operations? Audit Period January 1, 2023 – April … the Audit Area The Board must provide oversight to ensure that financial operations are properly managed. …

https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2025/08/29/west-sparta-independent-volunteer-fire-department-company

NYC Finances Remain Strong But Out-Year Budget Gaps Have Grown

… City's economy 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, … The city's most recent four-year financial plan, released in June, projects a surplus of nearly $4.6 billion in FY …

https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grown

DiNapoli: Calls to Investigate Violations of Do Not Call Law Going Unanswered

… state's 150,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …

https://www.osc.ny.gov/press/releases/2018/09/dinapoli-calls-investigate-violations-do-not-call-law-going-unanswered

NYS Common Retirement Fund Announces Third Quarter Results

… quarter of the state fiscal year 2015 was 1.91 percent for the three-month period ending December 31, 2014, bringing … quarter of the state fiscal year 2015 was 191 percent for the threemonth period ending December 31 2014 bringing …

https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-results

NYS Common Retirement Fund Announces Third Quarter Results

… traded domestic equities and 18.1 percent in international public equities. The remaining Fund assets by allocation are … New York State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and … state's 140,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …

https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-results

NYS Common Retirement Fund Reports Second Quarter Results

… The New York State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year 2018-2019 was 3.47 percent …

https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-results

NYS Common Retirement Fund Reports First Quarter Results

… traded domestic equities and 15.3 percent in international public equities. The remaining Fund assets by allocation are … New York State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and … state's 160,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …

https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-results

DiNapoli: State Tax Collections Dip

… million, or 3.9 percent, from the same period last year and $454.1 million below projections, according to the June … note,” DiNapoli said. “While it’s early in the year and tax collections may improve going forward, the state … Total receipts from all funds, including miscellaneous and federal receipts, declined $783.7 million from a year …

https://www.osc.ny.gov/press/releases/2016/07/dinapoli-state-tax-collections-dip

State Audit Shows Need to Improve Response to Noise Complaints in NYC

… 2015, including tens of thousands involving nightlife, but my auditors found limited communication between the SLA and …

https://www.osc.ny.gov/press/releases/2017/06/state-audit-shows-need-improve-response-noise-complaints-nyc

NYS Common Retirement Fund Reports Third Quarter Results

… The New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2018-19 was -7.17 …

https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-results

DiNapoli: NYC Budget Benefiting From Strong Economy

… New York City is projecting a surplus of $135 million for fiscal year 2016, but the surplus will … in 2015. At the same time, the securities industry, one of the city’s economic engines, is on track for a good year … relatively small (ranging from 2.1 percent to 4.6 percent of city fund revenues), and the budgets for these years …

https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economy

DiNapoli: 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 … largely because the agency mistakenly paid for more days of care than what was provided, according to an audit … found numerous instances where the state Department of Health’s eMedNY billing system paid providers for weeks of …

https://www.osc.ny.gov/press/releases/2016/12/dinapoli-billing-and-reimbursement-flaws-allowed-166-million-inappropriate-payments-home-health-care

State Agencies Bulletin No. 2052.2

… information and processing instructions regarding the new health care and mental hygiene worker bonuses (Health … of the Executive Branch, the State University of New York (SUNY), and the City University of New York (CUNY). … Cap for additional information and examples. Average Hours Worked The employee must work a combined average of at …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/20522-health-care-and-mental-hygiene-worker-bonuses-state-employees

State Agencies Bulletin No. 2052.1

… information and processing instructions regarding the new health care and mental hygiene worker bonuses (Health … of the Executive Branch, the State University of New York (SUNY), and the City University of New York (CUNY). … Cap for additional information and examples. Average Hours Worked The employee must work a combined average of at …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/20521-health-care-and-mental-hygiene-worker-bonuses-state-employees

NYS Common Retirement Fund Announces First Quarter Results

… traded domestic equities and 15.0 percent in international public equities. The remaining Fund assets by allocation are … New York State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and …

https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-results

DiNapoli: Monroe County Failed to Monitor Contractor Operating Golf Courses, Costing Taxpayers

… Tindale Inc. for the operation of the county’s three golf courses, allowing the vendor to retain nearly $250,000 that should have been spent on improving the courses even as the operator drifted toward insolvency, … contract has cost county taxpayers a bundle and left the courses in poor repair,”DiNapoli said. “Had county officials …

https://www.osc.ny.gov/press/releases/2014/08/dinapoli-monroe-county-failed-monitor-contractor-operating-golf-courses-costing-taxpayers