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DiNapoli: State Agency Overtime Pay Rose to a Record $716 Million Last Year
… the sixth straight year to a record $716 million in 2015 – up nearly $55 million from the year before, according to a … in 2015 over 2014 were: Division of State Police, up 62.1 percent; Alcoholism Treatment Centers, up 50.5 percent; and Gaming Commission, up 31.5 percent. Of …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-state-agency-overtime-pay-rose-record-716-million-last-yearDiNapoli: New York Sends More Money to Washington Than It Gets Back
… York sent an estimated $24.1 billion more in tax payments to Washington than it got back in federal spending in federal … 2017, getting back 90 cents for every dollar, according to a report released today by State Comptroller Thomas P. … Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2018/10/dinapoli-new-york-sends-more-money-washington-it-gets-backDiNapoli: Remember to Read Fine Print on Gift Cards This Holiday Season
… and claiming unused card balances that may be reported as unclaimed funds. Money from unused gift cards issued by New York … office is currently holding more than $15.5 billion in unclaimed funds from uncashed checks, bank accounts, stocks …
https://www.osc.ny.gov/press/releases/2018/11/dinapoli-remember-read-fine-print-gift-cards-holiday-seasonDiNapoli: SUNY Downstate Failed to Get Its Money's Worth From Cost-Cutting Consultant
… Medical Center paid a consultant $34 million for a plan to help the hospital out of financial trouble, but a report … Pitts Management Associates (PMA), which it charged to SUNY Downstate while working on this project. "SUNY … problems were severe and it needed help. But it failed to monitor PMA's $34 million contracts and did not get what …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-suny-downstate-failed-get-its-moneys-worth-cost-cutting-consultantBuffalo Business Delivers $9 Million Investment Gain To The State Pension Fund
… instruments and has consistently been ranked as one of the best managed and best funded plans in the nation. Over the past 20 years, 82 … named an Inc. 5000 Fastest-Growing Company and among the “Best Places to Work in Money Management” by Pensions & …
https://www.osc.ny.gov/press/releases/2014/12/buffalo-business-delivers-9-million-investment-gain-state-pension-fundDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… 5LINX, a telecommunications company located in Rochester, has generated an estimated $6.7 million return, … Thomas P. DiNapoli announced today. The Fund invested in 5LINX through its In-State Private Equity Program, which seeks profitable …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundDiNapoli: Energy Companies Agree to Report on Impact of Paris Agreement Goals
… future. As a result, the New York State Common Retirement Fund (Fund) has withdrawn the shareholder requests it had … State Common Retirement Fund is the third largest public pension fund in the United States with estimated assets of … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-energy-companies-agree-report-impact-paris-agreement-goalsTown of Porter – Sewer Billings to Fort Niagara State Park (2017M-162)
… residents. The Village of Youngstown and Fort Niagara State Park are also located in the Town. The Town is governed … follow the contract provisions when it billed the New York State Department of Parks, Recreation and Historic …
https://www.osc.ny.gov/local-government/audits/town/2017/12/01/town-porter-sewer-billings-fort-niagara-state-park-2017m-162DiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… (Fund) received a $33.8 million return from its investment in Autotask, an IT company located near Albany, according to … pension fund, which made six times our original investment in Autotask,”said DiNapoli. “As part of the Fund’s diverse investment strategy, the In-State Program helps provide retirement security for state …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundDiNapoli: Monroe County Failed to Monitor Contractor Operating Golf Courses, Costing Taxpayers
… was unable to make the required monthly payments in full to the county. During the audit, the county gave notice … letter of credit for $250,000 as security for the full and faithful performance of the terms for the remainder …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-monroe-county-failed-monitor-contractor-operating-golf-courses-costing-taxpayersState Audit Recommends Improvements to NYC's Oversight of Agencies Placing Foster Children
… after the initial 90 days. Auditors found CONNECTIONS does not have a built-in feature to allow agencies to …
https://www.osc.ny.gov/press/releases/2018/03/state-audit-recommends-improvements-nycs-oversight-agencies-placing-foster-childrenDiNapoli: Westchester Sisters Admit to Stealing $22,000 of Deceased Mother's Pension Payments
… 59, who hid their mother’s death to collect nearly $22,000 in her state pension payments from 2013 to 2015. The two … each pleaded guilty to one count of felony grand larceny in the fourth degree. "This was a deliberate act to abuse the … Court Judge David Zuckerman. Bigelow and Nash are due back in court Jan. 6 for sentencing. Since taking office in 2007, …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-westchester-sisters-admit-stealing-22000-deceased-mothers-pension-paymentsDiNapoli: Mount Vernon Officials Failed to Establish Basic and Routine Financial Policies
… interim financial reports and issue audited statements. In addition, they did not have financial information available to develop multiyear financial or capital plans, … and use of fund balance can help ensure funds are available to cover unanticipated expenditures or revenue …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-mount-vernon-officials-failed-establish-basic-and-routine-financial-policiesOversight of Sex Offenders Subject to Strict and Intensive Supervision and Treatment
… of Strict and Intensive Supervision and Treatment for sex offenders placed in the community. Our audit covered the … period April 1, 2012 through June 16, 2015. Background The Sex Offender Management and Treatment Act (Act) was enacted … confinement and post-release supervision, for certain sex offenders who are at or near their anticipated release …
https://www.osc.ny.gov/state-agencies/audits/2015/12/17/oversight-sex-offenders-subject-strict-and-intensive-supervision-and-treatmentDiNapoli: Problems Persist at Many Hotels and Motels Used to House Homeless
… exposed wiring, missing smoke detectors and garbage in rooms, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. In 2016, DiNapoli launched a major review of the state's … Onondaga, Suffolk and Ulster counties, auditors found one in five of those facilities were in poor condition. Shelters …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-problems-persist-many-hotels-and-motels-used-house-homelessDiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
As the Metropolitan Transportation Authority MTA adjusts to the loss of $15 billion in congestion pricing revenue and decides which capital projects to cancel or delay it must prioritize keeping the system in a state of good repair and it must be transparent
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingProcurement and Payroll-Related Matters Pertaining to the Use of Certain Federal Funds
… system for assigning Transit employees so that staff does not sit idly and create an environment where employees …
https://www.osc.ny.gov/state-agencies/audits/2014/06/18/procurement-and-payroll-related-matters-pertaining-use-certain-federal-fundsDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… active projects with an aggregate value of $126 billion in 2021, a 10.4%, or $11.9 billion, increase compared to … increased by 1.5%. “IDAs can play an important role in helping local economies and businesses expand. This report … the period increased 76% from $16.5 million per project in 2011 to $29.2 million in 2021. County IDAs were …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… Local government sales tax collections in New York state totaled $22.1 billion in calendar year 2022, up 12.7%, or $2.5 billion, from 2021 due to strong sales statewide, especially in New York City, according to a report released today by …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022