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NYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… New York State Comptroller Thomas P. DiNapoli today announced $800 million in recent investments through … In January, the Fund committed $300 million to Avenue Capital Sustainable Solutions Fund, which will focus … renewable energy, recycling and waste management. The Avenue commitment is in the Fund’s opportunistic portfolio. …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsNew York’s Economy and Finances in the COVID-19 Era (April 16, 2021)
… April 16, 2021 Edition Analysis of the Paycheck Protection Program in … in December 2020. The American Rescue Plan Act (ARP) of 2021, signed into law in March 2021, added $7.25 billion for … $60,027,794 $81,119 JEFFERSON 2,020 $175,474,625 $86,869 KINGS 62,865 $4,753,156,575 $75,609 LEWIS 288 $17,941,543 …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021New York’s Economy and Finances in the COVID-19 Era (May 13, 2021)
… not make any new deposits to statutory rainy day reserve funds, which remain at $2.5 billion. Despite a strong cash …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-may-13-2021New York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… March 18, 2021 Edition Economy Four Out of Five Small Businesses in … an overall negative impact in their business in the first week of March 2021, according to the U.S. Census Bureau. The … nationally reported a negative impact; by the first week of March that figure declined 18 percent to 72 percent. …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021New York’s Economy and Finances in the COVID-19 Era (March 30, 2021)
… February to April 2020. New data released by the State Department of Labor show less than half of the jobs lost during that … including those for environmental, transportation and education purposes, as well as to refinance prior bonds, …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-march-30-2021DiNapoli: Audit Finds State Falling Short in Helping People with Disabilities Find Work
… Work Incentives Navigator and Reports (WINR) application, does not contain certain recommended components including an … would allow individuals with disabilities to better assess how employment will impact their income, health coverage, and … they provide notifications. DiNapoli’s auditors found that many individuals with disabilities who would likely benefit …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-audit-finds-state-falling-short-helping-people-disabilities-find-workOversight of Security Expenses in Single Adult and Adult Family Homeless Shelters (Follow-Up)
… of implementation of the ten recommendations included in our initial audit report, Oversight of Security Expenses … of homeless shelters in the City. The majority of shelters are operated by private providers through contracts with DHS. … in use at homeless shelters, increasing the risk of loss, theft, or misuse of valuable and vulnerable assets. Key …
https://www.osc.ny.gov/state-agencies/audits/2019/12/10/oversight-security-expenses-single-adult-and-adult-family-homeless-shelters-followDiNapoli: The Mayor's Proposed Budget Takes Large Steps In Addressing Outstanding Labor Contracts
… The recent labor agreement between New York City and the United Federation of Teachers (UFT) removes … gaps, according to an analysis released today by New York State Comptroller Thomas P. DiNapoli. “The agreement between …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-mayors-proposed-budget-takes-large-steps-addressing-outstanding-labor-contractsAudit Finds Operational and Oversight Failures Led to Financial Instability in Mount Vernon
… The city of Mount Vernon faced financial uncertainty and … today by New York State Comptroller Thomas P. DiNapoli. The audit provided a detailed account of the millions in … and poor disclosure that caused the city financial troubles and ongoing legal issues. DiNapoli made 29 …
https://www.osc.ny.gov/press/releases/2022/01/audit-finds-operational-and-oversight-failures-led-financial-instability-mount-vernonKids in Action of Long Island, Inc. – Compliance With the Reimbursable Cost Manual
… Objective To determine whether the costs reported by Kids in Action of Long Island, Inc. (Kids in Action) on its Consolidated Fiscal Report (CFR) were …
https://www.osc.ny.gov/state-agencies/audits/2022/03/04/kids-action-long-island-inc-compliance-reimbursable-cost-manualIX.3.A Establish & Maintain Federal Grants in SFS for Non-Onboarding Agencies - Pre-Award Spending Projects – IX. Federal Grants
… do not receive Federal Grant Award Documents (GAD) from the Federal government at the start of the grant period. However, agencies may have a programmatic need to spend against an award prior to receiving the GAD. … with this policy. If the anticipated Federal Award does not materialize, all charges must be moved to a state …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix3a-establish-maintain-federal-grants-sfs-non-onboarding-agencies-pre-award-spending-projectsDiNapoli and Orange County DA Hoovler Detail Guilty Plea in Pension Fraud Case
… White admitted to stealing the money and that she knew she did not have permission or authority to take the funds. “Ms. White thought she could get away with defrauding the New York State and Local … you and work with law enforcement to hold you accountable. I thank Orange County District Attorney Hoovler for his …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-and-orange-county-da-hoovler-detail-guilty-plea-pension-fraud-caseDiNapoli: Medicaid Audits Find More Than $700 Million in Unnecessary Costs and Overpayments
… DiNapoli today released five audits of the Department of Health’s (DOH) Medicaid program that identified approximately … funded program that provides a wide range of health care services to individuals who are economically … small businesses can enroll in Medicaid and other health insurance plans. An individual’s Medicaid eligibility and …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-medicaid-audits-find-more-700-million-unnecessary-costs-and-overpaymentsNew York’s Economy and Finances in the COVID-19 Era (June 24, 2021)
… Use of Telehealth Services Among Medicaid and Child Health Plus Beneficiaries in New York The COVID-19 pandemic prompted … spurred a change in how people sought and received medical care; rather than visiting medical practitioners in person, … changes that included enhanced flexibility under Health Insurance Portability and Accountability Act (HIPAA) privacy …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-24-2021New York’s Economy and Finances in the COVID-19 Era (February 18, 2021)
… them would add substantially to the total. Nationally, rates of food insufficiency are especially high for Black and … and 20 percent respectively, according to the Census data. Rates for White and Asian households were lower, at 7 and 8 … 2020 July 9, 2020 Additional Resources COVID-19 Financial Survival Toolkit State Cash Basis Reports Report on the State …
https://www.osc.ny.gov/reports/impact-covid-19-february-18-2021New York’s Balance of Payments in the Federal Budget: Federal Fiscal Year 2019
… Fiscal Year (FFY) 2019, New York State generated $23.7 billion more in federal taxes than it received in federal … for most states. In New York, federal spending rose 6.2 percent compared to 7.0 percent nationally. While overall … New York grew modestly more than the national rate, or 4.4 percent compared to 4.0 percent. The largest of the broad …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-federal-fiscal-year-2019Court-Appointed Executor of Decedent’s Estate Sentenced to Two Years in Prison for Embezzlement
… S. Berman announced that Gregory Bayard was sentenced to 24 months in prison in White Plains federal court for … an attorney and filed a motion in the Surrogate’s Court to remove Bayard as the administrator of his father’s estate. … Division. Assistant U.S. Attorney James McMahon is in charge of the prosecution. … Gregory Bayard was sentenced to …
https://www.osc.ny.gov/press/releases/2019/10/court-appointed-executor-decedents-estate-sentenced-two-years-prison-embezzlementDiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… today by State Comptroller Thomas P. DiNapoli. "Changes in federal fiscal policies present the greatest and most … the possible loss of hundreds of millions of dollars in federal funding and cuts to Medicaid," DiNapoli said. "With these risks in mind, Mayor de Blasio and the city have prudently increased reserves to …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetMedicaid Program – Mainstream Managed Care Organizations: Administrative Costs Used in Premium Rate Setting
… submitting accurate administrative costs to the Department of Health (Department) and whether the Department is … Medicaid managed care. Under managed care, Medicaid pays MCOs a monthly premium payment for each enrolled … services their members require. The State offers different types of Medicaid managed care, including mainstream managed …
https://www.osc.ny.gov/state-agencies/audits/2016/10/13/medicaid-program-mainstream-managed-care-organizations-administrative-costs-used-premiumDiNapoli: Local Sales Tax Collections Up 1.5% in April Compared to Last Year
… to the same month in 2023, according to data released today by State Comptroller Thomas P. DiNapoli. Overall, local … reflects reported sales by vendors. The next quarterly numbers (for April to June) will be available in July. Table … to the same month in 2023 according to data released today by State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-local-sales-tax-collections-15-april-compared-last-year