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Fiscal Stress Monitoring System: Municipalities in Stress Fiscal Years Ending 2019
The Fiscal Stress Monitoring System and resulting fiscal stress designations rely on data from annual financial reports submitted by local governments.
https://www.osc.ny.gov/files/local-government/fiscal-monitoring/pdf/2019-munis-stressed.pdfFiscal Stress Monitoring System: Municipalities in Stress Fiscal Years Ending 2018
The Fiscal Stress Monitoring System and resulting fiscal stress designations rely on data from annual financial reports submitted by local governments.
https://www.osc.ny.gov/files/local-government/fiscal-monitoring/pdf/2018-munis-stressed.pdfAvoiding the Fiscal Cliff: A Lesson in Budgeting and Financial Condition Analysis
This session will identify those concepts commonly misunderstood by local government managers and governing boards, help explain how to properly implement these concepts and ways to prevent pitfalls in the budgeting process.
https://www.osc.ny.gov/files/local-government/academy/pdf/fiscal-cliff-budgeting-041625.pdfState Audit Shows Need to Improve Response to Noise Complaints in NYC
… York State Liquor Authority (SLA) and the New York City Police Department (NYPD) to better communicate and crack down … New York State Liquor Authority SLA and the New York City Police Department NYPD to better communicate and crack down …
https://www.osc.ny.gov/press/releases/2017/06/state-audit-shows-need-improve-response-noise-complaints-nycDiNapoli: Special Education Pre-K Provider Claimed Nearly $1 Million in Ineligible Expenses
… Learning Center Inc., claimed nearly $1 million in expenses that did not qualify for reimbursement from … ended June 30, 2013, DiNapoli’s auditors found $942,998 in reported costs that did not meet the state’s requirements … for reimbursement. The ineligible costs included $621,356 in personal service costs and $321,642 in other than personal …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-special-education-pre-k-provider-claimed-nearly-1-million-ineligible-expensesDiNapoli: State Medicaid Program Made More Than $100 Million in Duplicate Payments
… than $100 million in duplicate payments to managed care organizations (MCOs) for premiums over a more than four year period, according to … recipients receive their services through managed care organizations (MCOs). The Department of Health (DOH) pays … than $100 million in duplicate payments to managed care organizations MCOs for premiums over a more than four year …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-state-medicaid-program-made-more-100-million-duplicate-paymentsMedicaid Program – Opioid Prescriptions for Medicaid Recipients in an Opioid Treatment Program
… Purpose To determine if the Department of Health has taken sufficient steps to safeguard Medicaid recipients who are receiving opioids while also in a Treatment Program for opioid use disorder. … To determine if the Department of Health has taken sufficient …
https://www.osc.ny.gov/state-agencies/audits/2018/11/20/medicaid-program-opioid-prescriptions-medicaid-recipients-opioid-treatment-programMainstream Managed Care Organizations – Administrative Costs Used in Premium Rate Setting (Follow-Up)
… MCOs as required. Key Recommendation Officials are given 30 days after the issuance of the follow-up report to provide …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/mainstream-managed-care-organizations-administrative-costs-used-premium-rate-setting-followDiNapoli: Homeless Families, Adults Living in Squalid Shelters Due to Oversight Failure
… and mold conditions at shelters under the oversight of the state’s Office of Temporary and Disability Assistance (OTDA). DiNapoli … for agreeing to strengthen its inspections and monitoring of shelters. DiNapoli’s audit covered the period from April …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-homeless-families-adults-living-squalid-shelters-due-oversight-failureDiNapoli: College Student Loan Debt Doubled in New York Over Last Decade
… today released a report on student loan debt which found the average New Yorker with college loans owed $32,200 in 2015, higher than the national average of $29,700. In New York, student loan … doubled during the last decade, growing to $82 billion from $39 billion, an increase of 112 percent. “New Yorkers …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-college-student-loan-debt-doubled-new-york-over-last-decadeDiNapoli: State Health Department Missed $119 Million in Rebates from Drug Companies
… available rebates over a 33-month period from prescription drug makers for the Medicaid program because of ineffective policies and processes, according to an audit released today by New … available rebates over a 33month period from prescription drug makers for the Medicaid program because of ineffective …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-health-department-missed-119-million-rebates-drug-companiesDiNapoli Audit: Pre-K Special Education Provider Spent $2.5 Million in Unallowed Expenses
… other providers, for the cost of their SEIT programs based on the eligible expenses they report. Providers are not … for reimbursement because the staff controller should have been capable of providing the same services. Moreover, … $1,981,802 in salaries and fringe benefits that should not have been charged to the State; $310,136 in undocumented …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-audit-pre-k-special-education-provider-spent-25-million-unallowed-expensesDiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… to grow as the year progresses even though job growth and tax collections are slowing, according to a report released … "The city’s economy is strong, but job growth and tax collections in the near future are unlikely to be as … more difficult than in recent years because the growth in tax collections has slowed. Tax revenue grew at an average …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… facing many nonprofits in New York, it’s important that we develop a better understanding of this key sector of our … the number of people employed and the wages paid,” said Reg Roster, president & CEO of United Way of New York State. … and other services that help business and the economy.” "We commend Comptroller DiNapoli for calling attention to the …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsOversight of Security Expenses in Single Adult and Adult Family Homeless Shelters
… Purpose To determine whether the New York City Department of Homeless Services (DHS) is adequately monitoring the security expenses at single adult and adult family homeless shelters and whether security … To determine whether the New York City Department of Homeless Services is …
https://www.osc.ny.gov/state-agencies/audits/2018/05/07/oversight-security-expenses-single-adult-and-adult-family-homeless-sheltersDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… million return, nearly four times the initial investment, and achieved an approximated 21 percent internal rate of … Equity Program delivers positive results for the Fund and for our local communities,” said DiNapoli. “The program … has successfully helped more than 250 companies remain and expand in the state and has supported nearly 4,000 jobs. …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundChanges in Federal Policies Pose Significant Risks for New York City's Budget
… New York City in the coming years appear manageable, but tax changes and budget cuts on the federal level pose a … Representatives and the Senate have reached agreement on a tax plan, which limits the deductibility of state and local … state education aid next year. The city projects business tax collections will exceed last year’s level by $337 million …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Economic Snapshot Shows The Bronx Making Impressive Gains in Addressing Challenges
… with my colleagues to make sure the Bronx is known as the best county in the state." "While the Bronx has managed to …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-economic-snapshot-shows-bronx-making-impressive-gains-addressing-challengesNY State Comptroller DiNapoli Statement on Supreme Court Decision in Janus Case
… the following statement today after the United State Supreme Court ruled on the Janus v. American Federation of … State, County and Municipal Employees case . "Today's U.S. Supreme Court decision overriding 40 years of legal precedent … the following statement today after the United State Supreme Court ruled on the Janus v American Federation of …
https://www.osc.ny.gov/press/releases/2018/06/ny-state-comptroller-dinapoli-statement-supreme-court-decision-janus-caseDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… The Fund made nearly six times its original investment of $6 million, or a 25 percent internal rate of return. “We are investing state pension fund dollars … original investment in Autotask,”said DiNapoli. “As part of the Fund’s diverse investment strategy, the In-State …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fund