Search
Town of Chautauqua – Fiscal Stress (2013M-220)
… The Board aggregately over-estimated revenues for mortgage tax by $154,157 and the rental of real property by $77,580 in the three most recent fiscal years …
https://www.osc.ny.gov/local-government/audits/town/2013/09/06/town-chautauqua-fiscal-stress-2013m-220Town of Candor – Fund Balances (2014M-157)
… 2014 budget of $2.3 million is funded primarily with real property taxes, sales tax and State aid. The Town is governed by an elected Town …
https://www.osc.ny.gov/local-government/audits/town/2014/08/01/town-candor-fund-balances-2014m-157DiNapoli to Audit Hempstead IDA, Valley Stream School District in Wake of Controversial Development Project
… Industrial Development Agency and Valley Stream Union Free School District 30. The audits will be conducted in response … of directors, and the Valley Stream superintendent and school board outlining the scope of the audits and when they will begin. The audit of Valley Stream Union Free School District 30 will focus on budgeting practices and the …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-audit-hempstead-ida-valley-stream-school-district-wake-controversial-development-projectHammondsport Central School District – Multiyear Planning (2024M-54)
… three times the 4 percent allowed by New York State Real Property Tax Law Section 1318. Five reserves totaling $2.3 million …
https://www.osc.ny.gov/local-government/audits/school-district/2024/08/30/hammondsport-central-school-district-multiyear-planning-2024m-54Freeport Union Free School District – Financial Management (2024M-49)
… maintaining unreasonable reserve balances results in real property tax levies that are higher than needed to finance …
https://www.osc.ny.gov/local-government/audits/school-district/2024/11/01/freeport-union-free-school-district-financial-management-2024m-49Greater Syracuse Property Development Corporation – Enforcement Mortgages (2017M-39)
… September 30, 2016. Background The Greater Syracuse Property Development Corporation (Land Bank) is a … and tax-delinquent properties to productive use. Property sales requiring significant renovation or … to an enforcement mortgage that secures a lien against a property. Budgeted appropriations for 2016 totaled …
https://www.osc.ny.gov/local-government/audits/public-authority/2017/04/28/greater-syracuse-property-development-corporation-enforcement-mortgagesOpinion 88-18
… on the issues discussed in the opinion. TAXES -- Mortgage Tax (distribution to newly incorporated village) VILLAGES -- Incorporation (right to distribution of mortgage tax) TAX LAW, §261(3); VILLAGE LAW, §2-234(1)(c): A newly … Concerning how mortgage tax moneys distributed to your town pursuant to Tax Law 2613 …
https://www.osc.ny.gov/legal-opinions/opinion-88-18Comptroller DiNapoli Releases School Audits
… Beginning in 2010-11, the district gradually increased its tax levy and budget. In each of the three years from 2010-11 … of fund balance would have in reducing fund balance or the property tax levy. Valley Central School District – Financial …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-releases-school-audits-0Comptroller DiNapoli Releases Municipal Audits
… The comptroller did not enforce the collection of overdue property tax payments in a timely manner and did not follow tax enforcement procedures prescribed by law. Town of …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-municipal-auditsDiNapoli Op-Ed in the NY Daily News Cautions NYC Leaders to Prepare for Challenging Fiscal Times Ahead
… The New York Daily News published an op-ed from New York State Comptroller Thomas P. DiNapoli today warning New York City’s leaders to safeguard the city’s finances … The New York Daily News published an oped from New York State …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-op-ed-ny-daily-news-cautions-nyc-leaders-prepare-challenging-fiscal-times-aheadDiNapoli: Timely Remediation Essential for Success of State's Brownfield Cleanup Program
… to voluntarily clean them up in exchange for liability relief, technical assistance, and tax credits from the state. The program is an alternative to …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-timely-remediation-essential-success-states-brownfield-cleanup-programDiNapoli: NYC IDA Needs To Improve Its Administration of Business Tax Breaks and Monitoring of Job Creation
… information and financial feasibility analyses, according to a new audit from State Comptroller Thomas P. DiNapoli. … DiNapoli said. “My audit found the agency needs to do a much better job in ensuring that applicants have been … of jobs.” The NYCIDA helps eligible local businesses to invest in their growth, expansion, or relocation by …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-nyc-ida-needs-improve-its-administration-business-tax-breaks-and-monitoring-job-creationDiNapoli Releases Economic Snapshot of Long Island Highlighting Growth and Challenges
… Many of Long Island’s 2.8 million residents enjoy a high quality of … “The number of jobs has reached a record level on Long Island and the region boasts average wages that are the second highest in the state,” DiNapoli said. “Long Island continues to be a great place to live, work and …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-releases-economic-snapshot-long-island-highlighting-growth-and-challengesDiNapoli Announces State Contract & Payment Actions for September 2014
… to New York City. $448,000 for post-Hurricane Irene property elevation to the village of Babylon. $378,000 for post-Hurricane Irene property elevation to the village of Mamaroneck. Department … for revenue and improvements. Major Payments Approved Tax Refunds $146.2 million for 57,300 personal income tax …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-announces-state-contract-payment-actions-september-2014DiNapoli: Economic and Tax Collection Growth Slowing in New York City
… budgeting going forward amid slowing economic growth and tax collections, according to a report on the city’s … been boosted by strong economic growth and conservative tax revenue forecasts in recent years,”DiNapoli said. “While … than 2 percent in 2016. In addition, the growth in city tax collections slowed to 3.6 percent in FY 2016 after …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityXIV.5 Employee Award Programs – XIV. Special Procedures
… Business Unit personnel should be aware of in planning for employee award programs and the requirements of the Office of the State Comptroller (OSC) for approving payment for these types … under an achievement award program may be taxable to the employee under the Internal Revenue Code. The Internal …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsProperty Type Tables
This indicates by property type, the property type code, relevant article/section of the Abandoned Property Law, description of the property and associated dorm
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/property-type-tables.pdfComptroller DiNapoli Releases School Audits
… The district’s tentative budget complies with the property tax levy limit. Cortland City School District – Budget Review … The district’s preliminary budget complies with the tax levy limit. Fort Edward Union Free School District – …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-school-audits-0