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DiNapoli: Wall Street Profits Surge Again, Giving New York a Fiscal Boost
… Wall Street’s profits could top $60 billion in 2025 if current trends continue, according to a report … industry earned $30.4 billion in the first half of 2025, a faster pace than last year, when full year profits … before the global financial crisis. Profits First half 2025 profits increased 30.7% year-over-year driven by …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-wall-street-profits-surge-again-giving-new-york-fiscal-boostThe Condition of Locally Owned Bridges in New York State
… York State Comptroller (OSC) has developed an interactive map (see below) to accompany the report, The Condition of Locally Owned Bridges in New York State . The map allows viewers to explore data about bridges in New York … 2023 NBI) [xlsx]. Interactive New York Bridge Inventory Map, 2023 …
https://www.osc.ny.gov/local-government/condition-locally-owned-bridges-new-york-stateComptroller DiNapoli and A.G. Schneiderman Announce Sentencing of Former Met Council Insurance Brokers
… were insurance brokers of the now defunct Century Coverage Corporation, an insurance company that serviced Met Council from 1992 to 2013. Met … in 1992, when Joseph Ross (a principal of Century Coverage Corporation and Solomon Ross’s brother) devised a scheme with …
https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-former-met-council-insurance-brokersSelected Financial Management Practices
… the Hudson River waterfront, generally from the northern boundary of Battery Place to the northern boundary of 59th Street in Manhattan. The Trust has authority …
https://www.osc.ny.gov/state-agencies/audits/2014/12/26/selected-financial-management-practicesLong Island Association for AIDS Care
… submitted to support the reimbursement for employee health insurance (i.e., medical and dental expenses). As a result, we continued our examination of medical and dental expenses claimed for reimbursement by …
https://www.osc.ny.gov/state-agencies/audits/2017/11/10/long-island-association-aids-careMedicaid Program – Improper Managed Care Payments for Misclassified Patient Discharges
… care. When a hospital bills an MCO for an inpatient stay, the hospital reports certain information on its claims, … patient was transferred or discharged at the end of their stay. These codes are important because payments may vary …
https://www.osc.ny.gov/state-agencies/audits/2022/08/19/medicaid-program-improper-managed-care-payments-misclassified-patient-dischargesXIX.1.D Project Costing Terminology – XIX. Project Costing (PCIP)
… Project is group of activities that has a start and end date or … a unique product, service or result. In the SFS, a project is used to collect and track costs related to those … local road and bridge program, etc.) Project Activity is a Project Costing chartField used to define the lowest …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix1d-project-costing-terminologyDiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… Unrestricted state aid for cities, towns and villages has remained flat or … the last decade, according to a report issued today by New York State Comptroller Thomas P. DiNapoli. When adjusted … it since. Report Aid and Incentives for Municipalities: New York State’s Local Revenue Sharing Program Track state …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationTaxes – 2022 Financial Condition Report
… due, in part, to the increase in tax rates for those with incomes over $1.1 million (the top tax rate equal to … are distorted due to both PIT and business tax payments having been received, but offsetting PIT credits not having been claimed. The State Budget Relies Heavily on the …
https://www.osc.ny.gov/reports/finance/2022-fcr/taxesManaged Care Organizations – Payments to Ineligible Providers (Follow-Up)
… payments from Medicaid Managed Care Organizations (MCOs) for services rendered to Medicaid recipients. We issued our initial audit report on February 26, 2018. The audit objective was to determine whether the … in the initial audit; however, additional action is needed. The Department did not distribute the claims data …
https://www.osc.ny.gov/state-agencies/audits/2019/09/06/managed-care-organizations-payments-ineligible-providers-followHuntington Man Pleads Guilty to Grand Larceny
… April 30, 2021, and June 30, 2022, Johnson collected a total of 15 unauthorized payments totaling $56,411. The …
https://www.osc.ny.gov/press/releases/2024/09/huntington-man-pleads-guilty-grand-larcenyDiNapoli Urges New Yorkers To Spend Holiday Gift Cards
… be turned over by retailers to the Comptroller’s Office of Unclaimed Funds (OUF). In 2024, the office recovered over $21 … gift cards early this new year and remember to check for unclaimed funds . “Tis the season of giving, not losing, so … please spend those gift cards and check to see if you have unclaimed funds,” DiNapoli said. “Many New Yorkers don’t …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-urges-new-yorkers-spend-holiday-gift-cardsDiNapoli and Schneiderman Announce Guilty Plea in $120K Fraud of State Pension Benefits
… today announced that Graycelia Cizik, 64, a resident of Polk County, Florida, pleaded guilty to a one-count indictment … larceny in the second degree, a class C felony, before Supreme Court Judge Roger D. McDonough in Albany County … DiNapoli announced that Graycelia Cizik 64 a resident of Polk County Florida pleaded guilty to a onecount …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-and-schneiderman-announce-guilty-plea-120k-fraud-state-pension-benefitsSandy Creek Central School District – Cafeteria Operations (2016M-354)
… Purpose of Audit The purpose of our audit was to analyze the school lunch fund’s financial … Creek Central School District is located in the Towns of Sandy Creek, Boylston, Orwell, Redfield, Richland and …
https://www.osc.ny.gov/local-government/audits/school-district/2016/12/30/sandy-creek-central-school-district-cafeteria-operations-2016m-354DiNapoli: Local Sales Tax Collections Near Flat in January Compared to Last Year
… local collections totaled nearly $1.9 billion, up $4.8 million from the same time last year. “Year-over-year growth … In January 2024: New York City’s collections totaled $873 million, an increase of 3.5%, or $29 million, from a year … reflects reported sales by vendors. The next quarterly numbers (for January to March) will be available in April. …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-local-sales-tax-collections-near-flat-january-compared-last-yearElwood Union Free School District – Electronic Transfers (2014M-133)
… Purpose of Audit The purpose of our audit was to evaluate the District’s controls over electronic …
https://www.osc.ny.gov/local-government/audits/school-district/2014/07/11/elwood-union-free-school-district-electronic-transfers-2014m-133Frewsburg Central School District – Extra-Classroom Activity and Scholarship Funds (2021M-159)
… reports were not completed. The former Treasurer was arrested by the Chautauqua County District Attorney and pled …
https://www.osc.ny.gov/local-government/audits/school-district/2022/03/11/frewsburg-central-school-district-extra-classroom-activity-andDiNapoli: Local Sales Tax Collections Up 1.6% in February Compared to Last Year
… outside the city experiencing year-over-year declines for the month. It is imperative that local government … reported sales by vendors. The next quarterly numbers (for January to March) will be available in April. Table …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-local-sales-tax-collections-16-february-compared-last-yearSUNY Bulletin No. SU-329
… Purpose: The purpose of this bulletin is to notify SUNY agencies of calculation changes pertaining … the requested 403(b) deduction, no 403(b) deduction is withheld. The SUNY Office of University-Wide Benefits … The purpose of this bulletin is to notify SUNY agencies of calculation changes pertaining …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-329-partial-deductions-suny-403b-plansCUNY Bulletin No. CU-639
… This bulletin is superseded by Payroll Bulletin CU-639.1 Purpose To notify … OSC will automatically increase the bi-weekly deduction for Union Dues (Code 254) from $24.03 to $24.43 for full-time employees and from $15.58 to $15.98 for hourly …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-639-district-council-37-local-2627-dues-increase