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State Pension Fund Adds $30 Million for Investments in New York Companies
… New York State Comptroller Thomas P. DiNapoli announced today. The commitment will be made through the pension fund’s … New York State Comptroller Thomas P DiNapoli announced today …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesDiNapoli: State Tax Receipts Tracking Close to Projections Through First Half of the Year
… than the state Division of the Budget (DOB) estimates in the First Quarterly Update to the SFY 2024-25 Enacted … projections and $2.9 billion higher than the same period in SFY 2023-24, reflecting, in part, the impact of wage and financial market growth over … higher than the state Division of the Budget DOB estimates in the First Quarterly Update to the SFY 202425 Enacted …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-state-tax-receipts-tracking-close-projections-through-first-half-yearMaximizing Drug Rebates Under the Federal Medicaid Drug Rebate Program (Follow-Up)
… of Health (DOH) administers the Medicaid program. For recipients enrolled in fee-for-service Medicaid, DOH … rendered. The MCOs are required to submit post-adjudicated claims (called encounters) to report to DOH about each … to provide information about any actions planned to address the unresolved issues discussed in this follow-up …
https://www.osc.ny.gov/state-agencies/audits/2024/12/20/maximizing-drug-rebates-under-federal-medicaid-drug-rebate-program-followImproper Payments to a Physical Therapist (Follow-Up)
… are also enrolled in Medicare, the federal health insurance program for the elderly and disabled. Individuals … because Mr. Amir submitted claims using his National Provider Identifier for services that were rendered by other …
https://www.osc.ny.gov/state-agencies/audits/2016/12/08/improper-payments-physical-therapist-followComptroller DiNapoli Releases School Audits
… school finances and operations, my office continues to provide taxpayers the assurance that their money is being … relied on significant amounts of appropriated fund balance to finance operations. As a result, for the 2011-12 and … resulting in district officials not having sufficient cash to pay district bills and other obligations when due. Sidney …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-releases-school-auditsDrug and Alcohol Treatment Program – Provider Claiming of Depreciation Expenses
… Purpose To determine whether the Office of Alcoholism and Substance Abuse Services (OASAS) is effectively monitoring Drug and Alcohol Treatment program contracts to ensure provider claims do not … June 30, 2014. Background The New York State Office of Alcoholism and Substance Abuse Services (OASAS) oversees …
https://www.osc.ny.gov/state-agencies/audits/2016/06/08/drug-and-alcohol-treatment-program-provider-claiming-depreciation-expensesInfrastructure Inspection and Maintenance
… procedures ensure that all high and intermediateimportance str …
https://www.osc.ny.gov/state-agencies/audits/2015/05/26/infrastructure-inspection-and-maintenanceDiNapoli: Read Fine Print on Gift Cards this Holiday Season
… often a very popular purchase," DiNapoli said. "Last year, my office received nearly $15 million from unused gift cards. … from uncashed checks, bank accounts, stocks and more. To find out if you are owed money, visit www.osc.state.ny.us . …
https://www.osc.ny.gov/press/releases/2017/11/dinapoli-read-fine-print-gift-cards-holiday-seasonCity of Glen Cove – Budget Review (B7-16-12)
… million in revenue in the 2017 proposed budget from the sale of waterfront property and City officials were unable to … over the 2016 estimate. This increase is associated with building permit applications that are part of the … settlements. The City’s proposed budget complies with the tax levy limit. Key Recommendations The City should …
https://www.osc.ny.gov/local-government/audits/city/2016/10/14/city-glen-cove-budget-review-b7-16-12Selected Financial Management Practices
… Purpose To determine if the Hudson River Park Trust has established adequate controls over the following financial management functions: revenue and … To determine if the Hudson River Park Trust has established adequate controls over the …
https://www.osc.ny.gov/state-agencies/audits/2014/12/26/selected-financial-management-practicesInternal Control System Components
… whether the Workers’ Compensation Board’s management of its internal control system appropriately addresses all five components of internal control. Our audit scope included the period … each State agency to institute a comprehensive system of internal control over its operations. The Division of the …
https://www.osc.ny.gov/state-agencies/audits/2015/10/01/internal-control-system-componentsState Agencies Bulletin No. 1102
… Services BU03 Institutional Services BU04 Division of Military & Navel Affairs BU47 Professional, Scientific & … the Over40 Comp Time II program negotiated with CSEA, PEF and DC-37, employees are permitted in October of each year of the program to elect to cash out up to 120 hours of accrued Over40 Comp Time credits. For additional Information …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1102-2011-csea-pef-and-dc-37-over40-comp-time-ii-cash-outSecurity and Effectiveness of the Department of Labor’s Unemployment Insurance System
… Purpose To determine whether the Department of Labor’s (Department) Unemployment Insurance System is secure, … into nine clusters based on type of service provided. The Department is one of five agencies that comprise the Human … To determine whether the Department of Labors Department Unemployment Insurance System …
https://www.osc.ny.gov/state-agencies/audits/2015/02/24/security-and-effectiveness-department-labors-unemployment-insurance-systemDiNapoli: State Pension Fund Value $192 Billion
… best funded, best performing pension plans in the nation and that’s great news for the more than one million men and women who participate in it, as well as for New York taxpayers.” Over state fiscal year 2017, domestic and non-U.S. equities enjoyed overall returns of 17.01 …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionComptroller DiNapoli Releases School Audits
… school finances and operations, my office continues to provide taxpayers the assurance that their money is being … this time frame as a result of appropriating fund balance to finance the planned deficits. The fund balance as a … appropriations declined from 9.7 percent in 2010-11 to 5.4 percent in 2012-13. North Merrick Union Free School …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-releases-school-audits-1Comptroller DiNapoli & A.G. Schneiderman Announce State Prison Sentence for Florida Woman in $120,000 Pension Fraud Case
… plea agreement, Cizik admitted to stealing $121,772.72 in pension benefits issued by the Office of the New York State … died in 1988. “We will aggressively pursue stiff penalties for those who rip off our retirement system and steal from … Eric Schneiderman to punish those who defraud the pension fund.” A joint investigation by the New York State Attorney …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-ag-schneiderman-announce-state-prison-sentence-florida-woman-120000-pensionDiNapoli Releases April State Cash Report
… taxes during the first month of the 2016-17 fiscal year, a decline of $420.4 million or 4.9 percent from April 2015, … State Comptroller Thomas P. DiNapoli. The year-over-year decline is primarily due to lower estimated personal income … taxes during the first month of the 201617 fiscal year a decline of $4204 million or 49 percent from April 2015 …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-releases-april-state-cash-reportNew York State Health Insurance Program – Payments by Beacon Health Options for Mental Health and Substance Abuse Services for Ineligible Members (Follow-Up)
To assess the extent of implementation of the four recommendations included in our initial audit report New York State Health Insurance Program Payments by Beacon Health Options for Mental Health and Substance Use Services for Ineligible Members Report 2021S18
https://www.osc.ny.gov/state-agencies/audits/2024/01/03/new-york-state-health-insurance-program-payments-beacon-health-options-mental-health-andDiNapoli: Buffalo Woman Pleads Guilty to Stealing Her Deceased Grandmother's State Pension Payments
… of Russell began after the Comptroller’s Office received a phone call from someone purporting to be Lorraine Stenclik, … her July 2022 pension payment. The call came from a phone number that was registered to Russell. There were 33 …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-buffalo-woman-pleads-guilty-stealing-her-deceased-grandmothers-state-pension-paymentsEconomic and Demographic Trends – 2023 Financial Condition Report
… to their 2019 employment levels. New York Ranked 45th Nationwide for Personal Income Growth in 2022 Personal income … was 7.8 percent of the U.S. total in 2022, ranking third nationwide. New York ranked eighth for economic growth in …
https://www.osc.ny.gov/reports/finance/2023-fcr/economic-and-demographic-trends