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Cost-Saving Ideas: Legal Requirements
… or more "banks" or "trust companies" for deposit of public funds and for the securing of public deposits. Section 11 … 5-a authorizes local government officers to transfer funds electronically, subject to conditions. Section 99-b … establishment of, and expenditures from, repair reserve funds for cities, counties, towns, villages, school …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-legal-requirementsDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… viewed as having strong potential to enhance the Funds return …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsDiNapoli: State Tax Receipts Through First Quarter Exceed Financial Plan Projections by $1.7 Billion
… of the fiscal year. Bolstering rainy day reserve funds on or ahead of the schedule included in the Enacted Budget … including $4.7 billion from the sales tax, which were 9.1% or $387 million higher than the same period last year, and … June totaled $49.5 billion, which was $3.1 billion, or 6.7%, higher than last year for the same period. All Funds …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-state-tax-receipts-through-first-quarter-exceed-financial-plan-projections-1-point-7-billionNY State Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule
… Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2024/03/ny-state-comptroller-thomas-p-dinapoli-statement-secs-adoption-climate-change-disclosure-ruleDiNapoli Releases Year-End and April Cash Reports
… the prior month. The cash report focuses on two primary funds: General Fund and All Governmental Funds. The General Fund is the major operating fund of the state. All Governmental Funds includes General, Special Revenue, Debt Service and …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-releases-year-end-and-april-cash-reportsDiNapoli: Drastic State Revenue Shortfall in April
… bickering and deliver substantial relief to New Yorkers now.” The 2020-21 Enacted Budget provides the Executive broad … budget is deemed out of balance if actual tax receipts are less than 99 percent of estimated tax receipts, or actual …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-drastic-state-revenue-shortfall-aprilState Agencies Bulletin No. 2022
… Purpose: As we await the enactment of the New York State (NYS) fiscal year 2022-23 budget, OSC would … does not apply to employees of the State University of New York (28***, excluding SUNY Construction Fund [28990], … via the PayServ Bulletin Board and New York State Payroll Online (NYSPO) should the NYS budget or an extender bill be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2022-paycheck-distribution-april-13-2022-administration-cycle-paychecksComptroller DiNapoli Releases Municipal Audits
… Financial Management (Lewis County) The unexpended surplus funds in the village's general fund increased nearly $200,000 … 2013. As a result, the general fund's unexpended surplus funds in 2012-13 reached 182 percent of next year's … Library officials have not communicated these surplus funds to taxpayers. Library officials have also maintained a …
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-municipal-auditsNYSLRS Announces Employer Contribution Rates for 2024-25
… New York State Comptroller Thomas P. DiNapoli today announced employer … $15.5 billion were paid out in benefits. “Our state’s pension fund remains one of the strongest pension funds in the nation, and the rates announced today will help …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25IX.10.B Federal Treasury Offset Program (TOP) Background – IX. Federal Grants
… email will contain the information necessary to obtain reimbursement from the debtor agency. Included in the monthly …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix10b-federal-treasury-offset-program-top-backgroundOversight of the Educational Opportunity Program
… audit covered the period from July 2019 through December 2024. About the Program SUNY operates the EOP, which provides … Expenditures for EOP in State fiscal year 2023-2024 totaled $38.6 million. Key Findings Overall, we … did not clearly support the services received or the full amount of the expenditure. 16 (4%) EOP students (of 400), …
https://www.osc.ny.gov/state-agencies/audits/2025/03/26/oversight-educational-opportunity-programDiNapoli Releases August State Cash Report
… due to lower PIT collections, the difference from the latest estimates is primarily from lower than projected … Overall spending was nearly $368 million lower than the latest projections and $193 million below Enacted Budget … higher than last year but $340.1 million lower than the latest projections. The largest local assistance spending …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-releases-august-state-cash-reportDiNapoli Releases December State Cash Report
… of state fiscal year 2015-16 totaled approximately $111.9 billion, $230.6 million higher than the Division of the … dependent on a recently volatile financial sector, it is important to be realistic and prepared for potential … in December totaled $8.1 billion, $162.5 million or 2 percent higher than the same month last year. Year-to-date …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-releases-december-state-cash-reportAmazon Shareholders Urged To Support Audit of Company’s Policies on Racial Inclusion
… the New York State Common Retirement Fund (Fund) to fellow Amazon shareholders in advance of the company’s annual … company’s business. The Fund’s statement also encourages Amazon shareholders to vote against the members of the …
https://www.osc.ny.gov/press/releases/2021/05/amazon-shareholders-urged-support-audit-companys-policies-racial-inclusionNYS Comptroller DiNapoli Appoints First Director of Sustainable Investments and Climate Solutions
… New York State Comptroller Thomas P. DiNapoli today announced that Andrew Siwo has joined the New York State Common Retirement Fund (Fund) as its … risk facing all investors, and I am determined to protect New York State’s pension fund by keeping it at the forefront …
https://www.osc.ny.gov/press/releases/2020/01/nys-comptroller-dinapoli-appoints-first-director-sustainable-investments-and-climate-solutionsFormer Lake George Watershed Coalition Director Sentenced to 8-24 Years for Stealing Nearly $250,000 in State Grant Funds
… Race Course, Foxwoods MGM, Harrah’s and Turning Stone casinos. The records also show that he paid his personal … also wish to thank the Warren County Sheriff’s Office, the New York State Office of the State Comptroller, and the New … Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a …
https://www.osc.ny.gov/press/releases/2020/09/former-lake-george-watershed-coalition-director-sentenced-8-24-years-stealing-nearly-250000-stateHousing Trust Fund Corporation: Internal Controls and Maximization of Federal Funding for Community Development Block Grant & HOME Investment Partnerships Programs (Follow-Up)
… About the Program Homes and Community Renewal (HCR) is the State’s affordable housing agency, with a mission to build, preserve, and protect affordable … HOME both provide funding to expand the supply of decent, safe, and affordable housing, principally for low- and …
https://www.osc.ny.gov/state-agencies/audits/2024/04/11/housing-trust-fund-corporation-internal-controls-and-maximization-federal-funding-communityDiNapoli: Former Citizens Hose Fire Company Treasurer Arrested for Stealing More Than $100,000
… and encourages the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-former-citizens-hose-fire-company-treasurer-arrested-stealing-more-100000DiNapoli Releases August Cash Report
… tax collections were $355.6 million higher than the latest projections and $1.3 billion over initial projections … balance of just under $9.5 billion, $580 million over the latest Financial Plan projection. Other findings from the … from the previous year and $28.9 million higher than the latest projections. Business taxes and other tax receipts …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-releases-august-cash-reportDiNapoli and James Announce Guilty Plea of Former New York City Council Candidate in Straw Donation Scheme
… knowingly deceived hardworking New Yorkers, stole public funds, and took advantage of our democratic process. We are … Campaign Finance Board and ultimately stealing taxpayer funds, as was the case in this straw donor scheme,” said New … partners to protect the election process and government funds.” Gonzalez and Mendez were arraigned for their roles in …
https://www.osc.ny.gov/press/releases/2019/06/dinapoli-and-james-announce-guilty-plea-former-new-york-city-council-candidate-straw-donation-scheme