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DiNapoli: Wall St. Profits on Pace to Beat 2017
… Securities industry pretax profits totaled $13.7 billion in the first half of 2018, 11 percent higher than last year, … has profited every year since the end of the recession in 2009, and compensation last year reached its highest point … crisis. The momentum from last year's dramatic rise in profits has carried into 2018 and the industry is on track …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-wall-st-profits-pace-beat-2017State Comptroller DiNapoli and Ulster County Executive Metzger Announce Findings of Gulnick Investigation
… of Gulnick’s employees and concerns regarding a $120,000 payout from the county to Gulnick for unused accruals upon … Policy Manual section related to management accruals and payout calculations to ensure equal application of the policy … the county comptroller, will issue guidance to clarify payout calculation procedures and ensure a uniform …
https://www.osc.ny.gov/press/releases/2024/11/state-comptroller-dinapoli-and-ulster-county-executive-metzger-announce-findings-gulnickOpinion 2006-1
… to the payment of compensation and, therefore, payment of salary to employees may not be made until after all work … superseded by local law. January 10, 2006 Joseph F. Izzo, Supervisor Town of Catskill 1 The town board, by resolution, may determine that, in lieu of certification, the …
https://www.osc.ny.gov/legal-opinions/opinion-2006-1Opinion 2001-12
… Memorandum in Support of S. 573 of 1984; letter from Senator Hugh T. Farley to the Honorable Gerald C. Crotty, …
https://www.osc.ny.gov/legal-opinions/opinion-2001-12DiNapoli: Wall Street Bonuses Edge Up in 2014
… was slightly less profitable in 2014, it added 2,300 jobs in New York City , the first year the industry has added jobs since 2011. "The cost of legal settlements related to … recoveries, the securities industry has not been a driving force in the current jobs recovery in New York City. …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-wall-street-bonuses-edge-2014XI.12.B Contract Assignments – XI. Procurement and Contract Management
… OVERVIEW This section outlines the procedures to be followed by a State … for certain transfers. State Finance Law, Article 9, Section 138 states contracts cannot be assigned, transferred, … the following should be considered: Pursuant to Article 9, Section 138 of the State Finance Law, a contract assignment, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12b-contract-assignmentsControls and Management of the Unemployment Insurance System
… is administering the State’s Unemployment Insurance (UI) program. The UI program is a joint federal–State initiative that provides … Encryption, and Logging Standards, as well as the Change Management Process and Policy. Improve the timeliness …
https://www.osc.ny.gov/state-agencies/audits/2022/11/15/controls-and-management-unemployment-insurance-systemState Agencies Bulletin No. 1949
… processing instructions regarding the implementation of a pilot program establishing a temporary overtime rate for employees in certain titles represented by PEF or CSEA … the overtime rate shall revert to the rate in place prior to implementation of the pilot program unless extended …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1949-pilot-program-establishing-temporary-overtime-rate-employees-certainState Agencies Bulletin No. 1949.1
… processing instructions regarding the implementation of a pilot program establishing a temporary overtime rate for employees in certain titles represented by PEF or CSEA … the overtime rate shall revert to the rate in place prior to implementation of the pilot program unless extended …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/19491-pilot-program-establishing-temporary-overtime-rate-employees-certainState Agencies Bulletin No. 1952.1
… information and processing instructions regarding the PEF Nurse Uniform Maintenance Allowance. Affected Employees … of New York and PEF provide for a one-time lump sum $500 Nurse Uniform Maintenance Allowance. Effective Dates The PEF Nurse Uniform Maintenance Allowance for employees who have a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/19521-uniform-maintenance-allowance-employees-nursing-titles-representedWestern Regional Off-Track Betting Corporation – Financial Management (2025M-121)
… – December 31, 2024. We extended the audit period back to the 2020 calendar year to review Board meeting minutes and … distributions to the horse racing industry, New York State Gaming Commission and allocations to the local governments. … to assist the Board in identifying potential expansion strategies to increase revenues and other organizational …
https://www.osc.ny.gov/local-government/audits/off-track-betting/2026/04/01/western-regional-off-track-betting-corporation-financial-managementDiNapoli: NYC Budget Faces Uncertainty Without More Federal Relief
… federal government does not deliver direct aid to state and local governments soon, according to a budget analysis … budget this year was aided by better-than-projected income and business taxes and low interest rates for refinanced debt. The city has so … federal government does not deliver direct aid to state and local governments soon …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-nyc-budget-faces-uncertainty-without-more-federal-reliefState Comptroller DiNapoli Releases Municipal & School Audits
… manage user accounts or implement key IT controls. For example, unused accounts assigned to some former employees remained active for at least seven years. Officials did not adopt a breach … required by law, and did not adopt an IT contingency plan for unexpected disruptions or disasters. Officials also did …
https://www.osc.ny.gov/press/releases/2026/04/state-comptroller-dinapoli-releases-municipal-school-audits-1Oversight of the Practice of Funeral Directing
… Objective To determine if the Department of Health is effectively … make the necessary preparations, and move the body to the cemetery or crematory. DOH’s Bureau of Funeral … firms, investigation of consumer complaints related to the practice of funeral directing, and continuing …
https://www.osc.ny.gov/state-agencies/audits/2025/11/26/oversight-practice-funeral-directingComptroller DiNapoli Releases Municipal Audits
… Village of Fultonville – Claims Auditing (Montgomery County) Except for minor discrepancies, auditors found that … for legitimate purposes. Town of Livonia – Justice Court (Livingston County) The town justices did not require the clerk to …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-municipal-auditsAccounts Payable Advisory No. 5
… and Address Sequence , Business Units must select the correct Vendor ID and Address Sequence when processing … will help ensure Pitney Bowes credits the payment to the correct account. It will also ensure a unique invoice number …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/5-complex-entity-payments-postageVillage of Hancock – Insurance Withholdings (2022M-108)
… – pdf] Audit Objective Determine whether the Village of Hancock (Village) officials ensured insurance premium … the Clerk-Treasurer (Clerk) did not enforce the collection of retiree health insurance contributions, resulting in … for dental insurance. Four employees overpaid a total of $1,400 because the Clerk and Deputy Clerk Treasurer …
https://www.osc.ny.gov/local-government/audits/village/2022/10/28/village-hancock-insurance-withholdings-2022m-108Coeymans Hollow Fire Corporation – Board Oversight (2022M-84)
… and deposited. Ensure that the Treasurer and Financial Secretary performed bank reconciliations for Company … are for proper Company purposes. Ensure that the Financial Secretary maintains adequate cash receipts records and the …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2022/11/10/coeymans-hollow-fire-corporation-board-oversight-2022m-84Islip Fire District – Disbursements (2020M-9)
… Audit Objective Determine whether disbursements were made in compliance with New York State General Municipal Law and … enforce the adopted travel policy when approving $125,028 in travel expenditures. District officials: Made 107 … Ensure that conference and travel expenditures are in compliance with the District’s travel policy. Ensure …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/02/05/islip-fire-district-disbursements-2020m-9Village of Waverly – Parks and Recreation Department Financial Activities (2021M-12)
… 26 of 36 sports leagues were not maintained. The former Director awarded scholarships (i.e., waived registration … any guidelines, Board oversight or approval. The former Director inappropriately used Village bank accounts for … As a result of our audit and investigation, the former Director was arrested and pleaded guilty in December 2022 to …
https://www.osc.ny.gov/local-government/audits/village/2023/04/07/village-waverly-parks-and-recreation-department-financial-activities-2021m-12