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DiNapoli Urges Consumers to Read the Fine Print on Gift Cards This Holiday Season
… money. If you have old gift cards that you haven’t spent check with my office to see if the money has been turned over … used within a certain period of time; a fee to call and check the balance remaining on the card; and a replacement fee for lost or stolen gift cards. DiNapoli’s …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-urges-consumers-read-fine-print-gift-cards-holiday-seasonState Comptroller Thomas P. DiNapoli Joins Lawmakers in Applauding New Law to Fight Government Waste
… During these challenging economic times New York must do everything to detect and prevent fraud, stop waste and … loss of money." Assemblyman Andrew D. Hevesi said: "I compliment Governor Cuomo for signing this legislation and … on this bill. This process is an excellent example of how our government should work. This law will ultimately save …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-thomas-p-dinapoli-joins-lawmakers-applauding-new-law-fight-government-wasteComptroller DiNapoli Statement on Earth Day 2016
… On Earth Day 2016, New York State Comptroller Thomas P. … On Earth Day 2016 New York State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2016/04/comptroller-dinapoli-statement-earth-day-2016DiNapoli Releases Bond Calendar for Fourth Quarter
… the Dormitory Authority of the State of New York, the Long Island Power Authority, the Metropolitan Transportation Authority, the New York City Educational Construction Fund, the New York City Housing Development … issuance calendar can be obtained at: www.osc.state.ny.us/pension/scccalendar.pdf Find out how your government …
https://www.osc.ny.gov/press/releases/2018/10/dinapoli-releases-bond-calendar-fourth-quarterNYS Common Retirement Fund Reports Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State … had a strong first half year, assisted by a surging stock market," DiNapoli said. "However, we remain focused on recent … investment returns over the long-term." The Fund's estimated value reflects benefits of $5.6 billion paid out …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsState Comptroller DiNapoli Releases Municipal Audits
… the Town of Lockport , Town of Ontario , Town of Preston and Town of Thompson . "In today's fiscal climate, budget transparency and accountability for our local communities is a top … priority," said DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the …
https://www.osc.ny.gov/press/releases/2018/07/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: Farms Generate $4.8 Billion for New York's Economy
… New York state's farms generated $4.8 billion in revenue, with 15 agricultural … is a crucial piece of the state's economy, with farms contributing nearly $2.4 billion to the state's gross … on immigrant workers." New York has more than 35,000 farms covering 7.3 million acres, nearly one quarter of the …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-farms-generate-48-billion-new-yorks-economyDiNapoli: Consumers Should Read Fine Print On Gift Cards This Holiday Season
… today urged New Yorkers to read the fine print on gift cards this holiday season for details about fees and … should register the card with the retailer and use gift cards within a year of purchase to avoid inactivity fees. Money from unused gift cards issued by New York businesses is turned over to the …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-consumers-should-read-fine-print-gift-cards-holiday-seasonTowns’ Road Management Plans (2014-MR-2)
… towns often defer critical road infrastructure needs in order to fund daily services. However, preventive … avert significant deterioration. For 2014, the nine towns in this audit budgeted from $155,000 to $950,000 to manage 25 … up to $10,440. Key Findings Eight towns had informal plans in place and followed a preventive maintenance cycle of …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2015/03/20/towns-road-management-plans-2014-mr-2Railroad Bridge Inspection Program
… Purpose To determine whether the Department of Transportation … properly oversees railroads operating in the State to ensure they meet the bridge inspection requirements. This … To determine whether the Department of Transportation …
https://www.osc.ny.gov/state-agencies/audits/2013/12/09/railroad-bridge-inspection-programContract Advisory No. 31
… Pursuant to Chapter 839 of the Laws of 2022, OSC approval is required for purchases from OGS centralized contracts … thresholds. The process for obtaining OSC approval is as follows: Purchases from an OGS centralized contract … you are purchasing. No pre-encumbrance (fund reservation) is required for the “OC” transaction. SFS users will select …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/31-purchases-ogs-centralized-contractsInternal Control System Components
… Policy and Reporting Manual Bulletin B-350 requires the head of each covered agency to certify compliance with the …
https://www.osc.ny.gov/state-agencies/audits/2015/10/01/internal-control-system-componentsIT Security Fundamentals – Information Technology Governance
… and network and system security: the CIA triad and defense-in-depth. These concepts highlight the importance of looking … collectively and will help you place the internal controls in context. CIA Triad The CIA triad refers to an information … information security. The CIA triad is a well-known model in information security development. It is applied in various …
https://www.osc.ny.gov/local-government/publications/it-governance/it-security-fundamentalsComptroller DiNapoli Releases Municipal Audits
… Town of Cohocton – Town Clerk Cash Shortage (Steuben County) The town had a cash shortage of $38,136 in the … to grand larceny, and was sentenced to four months in jail and five years of probation and paid $36,000 restitution … to the town. City of Yonkers – Budget Review (Westchester County) The city’s proposed budget for the school district …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-municipal-audits-1State Pension Fund Adds $30 Million for Investments in New York Companies
… Partners. "This new commitment to Primary Venture Partners for state-based investments will help grow the pension fund and expand businesses and jobs across New York state," said DiNapoli. "With $293 … has been funded by investment returns. The Fund’s fiscal year ends March 31, 2015. …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesTown of Sullivan – Internal Controls Over Selected Financial Operations (2013M-267)
… 31, 2012. Background The Town of Sullivan is located in Madison County and has a population of approximately … The Town Clerk is also the appointed Receiver of Taxes. In 2012, the total tax warrant was approximately $9.9 … million. Key Findings The Town has excessive fund balances in the general – outside village, highway – town-wide and …
https://www.osc.ny.gov/local-government/audits/town/2013/12/27/town-sullivan-internal-controls-over-selected-financial-operations-2013m-267XIX.1.D Project Costing Terminology – XIX. Project Costing (PCIP)
… Project is group of activities that has a start and end date or covers a period of time (e.g., grant period) … Project is group of activities that has a start and end date or covers a period of time eg grant period designed …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix1d-project-costing-terminologyState Comptroller Thomas P. DiNapoli Statement on New York City Adopted Budget Agreement
… of initiatives laid out earlier this year on public and mental health, childcare subsidies, employment, safety, housing … level of $8.3 billion in reserves and other fungible resources (including the Retiree Health Benefits Trust) as of …
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-thomas-p-dinapoli-statement-new-york-city-adopted-budget-agreementCity of Mount Vernon – Non-Payroll Disbursements (2021M-163)
… financial information or perform her duties resulted in the untimely payment of claims and litigation. As a … did not ensure: 88 claims totaling $1.8 million were paid in a timely manner. 60 claims totaling $460,594 for essential … always properly authorized, for valid purposes and paid in a timely manner. Officials and employees had clear …
https://www.osc.ny.gov/local-government/audits/city/2022/01/31/city-mount-vernon-non-payroll-disbursements-2021m-163Collection and Use of the Motor Vehicle Law Enforcement Fee
… accounted for and distributed all Fee revenue due to the State and whether the Division of Criminal Justice Services (Division) and the Division of State Police (State Police) have ensured that such revenue was spent … accounted for and distributed all Fee revenue due to the State and whether …
https://www.osc.ny.gov/state-agencies/audits/2013/07/12/collection-and-use-motor-vehicle-law-enforcement-fee