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III.2 SFS Policies – III. Statewide Financial System (SFS)
… The Constitution of the State of New York Article 5 Section 1 states that “The State Comptroller shall …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii2-sfs-policiesDiNapoli: 2020-21 Tax Revenues $3 Billion Over Projections
… the Amended Executive Budget Financial Plan in February (latest projections), and $6.8 billion higher than forecast in … $1.3 billion or 2.4 percent. PIT collections exceeded the latest projections by $1.9 billion and initial projections by … percent. Collections were $116.4 million higher than the latest projections and $643.4 higher than initial …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-2020-21-tax-revenues-3-billion-over-projectionsDiNapoli Audit Finds Lapses in Treatment Under Kendra's Law
… The state’s Office of Mental Health (OMH) needs to do a better … court-ordered treatment for individuals under Kendra’s Law to ensure that needed services are delivered in a timely … treatment timely, but found that in at least one case, a delay in initial treatment coincided with …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-audit-finds-lapses-treatment-under-kendras-lawDiNapoli: State Budget Boosts Education Aid and Enacts Paid Family Leave but Falls Short on Ethics Reform and Transparency
… to the minimum wage and phased-in personal income tax cuts for most taxpayers, but adds to state debt and shifts … a $1.4 billion increase in K-12 education assistance for the coming school year. The 6.1 percent aid increase … which amount to half a percentage point or more for most taxpayers with incomes over $26,000 when the changes …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-state-budget-boosts-education-aid-and-enacts-paid-family-leave-falls-short-ethics-reform-andDiNapoli: Former Riverside Treasurer Embezzles $80K
… the State Police and Steuben County District Attorney Baker for working with my staff to hold this individual …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-former-riverside-treasurer-embezzles-80kDiNapoli: Former Town of Marion Court Clerk Sentenced to Jail, Ordered to Pay Over $59,000 in Restitution
… District Attorney Michael Calarco, and the New York State Police today announced that the former court clerk for the Town of Marion, Eileen Steurrys, was sentenced today to serve six months in jail and pay over $59,000 in … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-former-town-marion-court-clerk-sentenced-jail-ordered-pay-over-59000-restitutionDiNapoli: Problems Caused by Outdated System Left State's Unemployment Insurance Program Vulnerable to Fraud
… The state Department of Labor’s (DOL) failure to replace its long-troubled Unemployment … and new UI system and data comply with provisions of the NYS Information Security Policy, the Classification, …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-problems-caused-outdated-system-left-states-unemployment-insurance-program-vulnerable-fraudState Agencies Bulletin No. 2323
… principal place of employment is in New York City, or the county of Nassau, Rockland, Suffolk, Westchester, Orange, … employees in the Security Supervisors Unit. Effective Dates: The 2025 increases to Location Pay, Location … Date: 03/27/2025 (A), 04/03/2025 (I) or the date employee returns to the payroll Annual Addl Earnings: LOC = …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2323-april-2025-increases-location-pay-and-location-mid-hudson-pay-commandII.2 New York State Accounting Policies – II. New York State Financial Accounting
… The Constitution of the State of New York, Article V – The State Comptroller shall be required: …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii2-new-york-state-accounting-policiesDiNapoli Report Highlights MTA's Significant Needs
… examines the Metropolitan Transportation Authority’s (MTA) latest 20-Year Needs Assessment, reviews the depth of … of the transit system should get priority attention to benefit riders and accelerate ridership growth, which is … years old and break down at nearly three times the average rate, could improve service reliability, DiNapoli’s report …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-report-highlights-mtas-significant-needsNew York’s Economy and Finances in the COVID-19 Era
… remained several points above its April level. Small Businesses in New York Hit Especially Hard by COVID-19 … of small businesses in New York State have experienced a large negative effect from the coronavirus pandemic, … 18 percent of respondents reported having either no cash on hand for business operations, or only enough for two …
https://www.osc.ny.gov/reports/covid-19-september-2-2020DiNapoli: Unsafe Conditions, Questionable Spending Found at Affordable NYC Housing Complexes
… right, and reforms need to be made to ensure tenants can live with dignity. My office’s annual Worst Landlord … increases for hardworking tenants are a constant, yet many of the necessary services and upkeep required to … I’ll be meeting with my local co-ops to discuss how we can ensure residents have the best quality of life …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-unsafe-conditions-questionable-spending-found-affordable-nyc-housing-complexesState Agencies Bulletin No. 2322
… implemented the 2023-2026 Agreement between the State of New York and NYSCOPBA, provides for an increase in location pay … CED = $3,400 IFN = $1,033 IFE = $2,066 End Date: Leave Blank Goal Amount: Leave Blank Goal Balance: Leave Blank 2025 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2322-april-2025-increases-location-pay-and-location-mid-hudson-pay-facilityDiNapoli: Local Sales Tax Collections Up 3.8% in August
… Department of Taxation and Finance. The amounts are based on estimates of what each municipality is due. In the third …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-local-sales-tax-collections-3-point-8-percent-augustDiNapoli 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 million …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-urges-new-yorkers-spend-holiday-gift-cardsAs Racial Homeownership Disparities Persist, State's Mortgage Agency Increases Lending to Minority and Low-Income Borrowers
… but has averaged 1,669 per year from SFY 2015 to SFY 2024. Programs for Low- and Moderate-Income Households The … LIRP, is the more active program, with 1,406 borrowers in 2024, more than two-and-a-half times that in 2014. Together … of low- and moderate-income mortgages through SONYMA in FY 2024. Down payments can be an impediment to first-time …
https://www.osc.ny.gov/press/releases/2025/06/racial-homeownership-disparities-persist-states-mortgage-agency-increases-lending-minority-and-lowOtisco Fire District – Financial Activities (2025M-42)
… Treasurer ensure collections were recorded and deposited in a timely manner, disbursements were properly authorized … 4, 2025 Understanding the Program The Board is responsible for the general management and control of financial … as the District’s chief fiscal officer and is responsible for receiving and disbursing District funds, maintaining …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/08/01/otisco-fire-district-financial-activities-2025m-42DiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… bonuses, in the securities industry in New York City grew by 14 percent in 2014 to $404,800, setting a new record. …
https://www.osc.ny.gov/press/releases/0215/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startWest Sparta Independent Volunteer Fire Department Company Number 1, Inc. – Board Oversight (2025M-44)
… [read complete report – pdf] Audit Objective Did the West Sparta Independent Volunteer Fire Department … startup cash 1 totaled $259,178. Audit Summary The Board did not have the necessary information it needed to help … were adequately accounted for and reported. Also, it did not enforce the limited financial provisions outlined in …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2025/08/29/west-sparta-independent-volunteer-fire-department-companyRochester Prep Charter School 3 – IT Asset Management (2025M-36)
… report – pdf] Audit Objective Did Rochester Prep Charter School 3 (School) officials appropriately track, inventory and safeguard information technology (IT) assets acquired or … of Operations supervise the special project managers, for the respective middle or elementary school, who can order …
https://www.osc.ny.gov/local-government/audits/charter-school/2025/08/29/rochester-prep-charter-school-3-it-asset-management-2025m-36