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City of Yonkers – Budget Review (B24-6-6)
… and social security that are likely underestimated. Does not include an appropriation for contractual … additional expenditures when these contracts are settled. Does not include a contingency appropriation, which limits … and expenses, which may not be available in future years. Does not include a specific appropriation for contractual …
https://www.osc.ny.gov/local-government/audits/city/2024/05/20/city-yonkers-budget-review-b24-6-6DiNapoli Releases Annual IDA Report
… recover after the pandemic. The tax breaks they provide do impact local taxes and should be looked at closely. …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-releases-annual-ida-reportDiNapoli: NYC Contract Spending Rises $7 Billion Since FY 2019
… capital projects) has grown significantly in recent years, rising to $24.3 billion in fiscal year (FY) 2023, an increase of nearly $7 billion from FY 2019, representing an outsized share (41%) of total citywide operating spending growth in this period, … capital projects has grown significantly in recent years rising to $243 billion in fiscal year FY 2023 an …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-nyc-contract-spending-rises-7-billion-fy-2019DiNapoli: Economic and Tax Collection Growth Slowing in New York City
… New York City ended its 2016 fiscal year on June 30 with an … released today by State Comptroller Thomas P. DiNapoli. “New York City’s finances have been boosted by strong economic … Read the Review of the Financial Plan of the City of New York , or go to: … New York City ended its 2016 fiscal year on June 30 with an …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityDiNapoli Releases Economic Report on the Bronx
… and will always be resilient and as we move towards some form of normalcy, we will continue to work hard to be the … rent. Economic Impact of the Pandemic Not Yet Known The full economic impact of the pandemic on the Bronx will take …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-releases-economic-report-bronxDistribution of Utility Arrears in New York State
… totaling $37.1 million. In the ruling, State appropriated funds were allocated based on each utilities' share of the … its arrears program. 6 FIGURE 5 – PSC Allocation of State Funds and Authorized Cost Recovery Utility Allocation of State Funds Utility Commitments Authorized Cost Recovery Total …
https://www.osc.ny.gov/reports/distribution-utility-arrears-new-york-stateDiNapoli 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 … they will begin. The audit of Valley Stream Union Free School District 30 will focus on budgeting practices and the … Industrial Development Agency and Valley Stream Union Free School District 30 …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-audit-hempstead-ida-valley-stream-school-district-wake-controversial-development-projectWayne Central School District – Financial Management (2012M-229)
… budgeted expenditures for the 2011-12 fiscal year are $41.3 million, which are funded primarily with State aid, sales tax, real property … encumbrances and ensure that year-end encumbrances are valid and supported. Develop comprehensive policies and …
https://www.osc.ny.gov/local-government/audits/school-district/2013/03/22/wayne-central-school-district-financial-management-2012m-229Central Islip Union Free School District – Financial Management (2013M-380)
… and financial condition for the period July 1, 2012 through June 30, 2013. Background The Central Islip Union Free School District is located in Suffolk County. The District is governed by the Board of … in the appropriating unexpended surplus funds that will not be used to fund the next year’s operations. Ensure that …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/21/central-islip-union-free-school-district-financial-management-2013m-380Town of Chautauqua – Fiscal Stress (2013M-220)
… 16, 2013. Background The Town of Chautauqua is located in Chautauqua County and serves about 4,460 residents. The … tax by $154,157 and the rental of real property by $77,580 in the three most recent fiscal years (2010-2012). Because of … fund balance declined from $450,949 at January 1, 2010, to a deficit of $107,587 at December 31, 2012. The Board and …
https://www.osc.ny.gov/local-government/audits/town/2013/09/06/town-chautauqua-fiscal-stress-2013m-220Town of Candor – Fund Balances (2014M-157)
The purpose of our audit was to examine the Towns financial activities for the period January 1 2011 through April 8 2014
https://www.osc.ny.gov/local-government/audits/town/2014/08/01/town-candor-fund-balances-2014m-157Hammondsport Central School District – Multiyear Planning (2024M-54)
… financial and capital plans, and their budgeting practice of consistently appropriating $1.4 million in fund balance … that is not provided for by statute and a circumvention of the 4 percent statutory limit imposed on the level of surplus fund balance that may be maintained. As a result: District officials maintained surplus fund …
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)
… and maintaining unreasonable reserve balances results in real property tax levies that are higher than needed to … original and recalculated surplus fund balance as much as three times the statutory limit. Maintained three reserves totaling $37.2 million without demonstrating …
https://www.osc.ny.gov/local-government/audits/school-district/2024/11/01/freeport-union-free-school-district-financial-management-2024m-49DiNapoli Releases August Cash Report
… tax collections totaled $6.5 billion through Aug. 31, an increase of 3.4 percent from the previous year and $28.9 … while other tax collections were nearly $1.8 billion, an increase of more than 28 percent from a year earlier. The latter increase was primarily due to a nearly 72 percent jump in …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-releases-august-cash-reportComptroller DiNapoli Releases School Audits
… While district officials maintained unexpended surplus funds in compliance with the statutory limit, they …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-releases-school-audits-0Comptroller DiNapoli Releases Municipal Audits
… spent appropriately and effectively.” Niagara County – Golf Course Financial Operations (2015M-308) County officials did not establish accountability over golf course sales. Consequently, golf course sales were not …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-municipal-auditsXIV.5 Employee Award Programs – XIV. Special Procedures
… meals, lodging, and tickets to theater or sporting events. NEW YORK STATE LAW Section 135 of the Civil Service Law …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsDiNapoli 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
… $7.4 million due to fraud, waste or other improprieties. As the state’s chief financial officer, DiNapoli’s office … to provide current information about the number and types of contracts and payments entered into by the state. This …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-announces-state-contract-payment-actions-september-2014Real Estate Portfolio
… market value for its property holdings. The Authority does not document the needs assessment it conducts to … Key Recommendations Ensure annual property reports include all Authority properties. Estimate and record current …
https://www.osc.ny.gov/state-agencies/audits/2014/03/27/real-estate-portfolio