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Opinion 92-2
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. FIRE DISTRICTS -- Taxes (authority to use general fire district funds to pay …
https://www.osc.ny.gov/legal-opinions/opinion-92-2Debt – 2021 Financial Condition Report
… borrowing. Limit the capacity to finance capital assets and grants. New York State Ranks Second Highest in … Standard & Poor’s (S&P) Rating Services. These ratings are one to two steps below the highest investment grade ratings. In …
https://www.osc.ny.gov/reports/finance/2021-fcr/debtDiNapoli: Wall St. First Half Profits Total $13 Billion, Down From 2022
… Wall Street’s 2023 first half profits of $13 billion were down 4.3% from the same period last year … states, New York remains far and away the nation’s largest employer in the securities industry. New York state was home … its economic contribution to pre-pandemic levels (14.5% in NYC in 2019), reflecting the drop in firms’ profitability. …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-wall-st-first-half-profits-total-13-billion-down-2022State Agencies Bulletin No. P-994
Two Day Professional Leave PS&T
https://www.osc.ny.gov/files/state-agencies/payroll-bulletins/pdf/agencies-p-994.pdfThe Construction Industry in New York City: Recent Trends and Impact of COVID-19
… June 2021 PDF Version En Español Highlights In 2020, New York State had the fourth-largest construction sector in the … lost 224,000 jobs, declining to a total of 7.3 million (see Figure 1). Employment dropped by 3 percent, less than the …
https://www.osc.ny.gov/reports/osdc/construction-industry-new-york-city-recent-trends-and-impact-covid-19Subway Wait Assessment (Follow-Up)
… issuance of the follow-up review to provide information on any actions that are planned to address the unresolved …
https://www.osc.ny.gov/state-agencies/audits/2017/10/06/subway-wait-assessment-followUnitedHealthcare – Overpayments for Out-of-Network Anesthesia Services Provided at In-Network Ambulatory Surgery Centers (Follow-Up)
… care. To help control costs, certain in-network ASCs have contract provisions that require all anesthesia services …
https://www.osc.ny.gov/state-agencies/audits/2019/11/18/unitedhealthcare-overpayments-out-network-anesthesia-services-provided-network-ambulatoryInvestors: Exxon Needs to Step Up on Climate Change
State Comptroller DiNapoli as Trustee of the New York State Common Retirement Fund and the Church of England called on ExxonMobil to agree to their request that the company address how it will be affected by worldwide efforts to adopt the goals of the Paris Agreement to rein in climate change
https://www.osc.ny.gov/press/releases/2017/05/investors-exxon-needs-step-climate-changeDiNapoli Releases Profile of New York's Small Business Owners
… all owners in New York state. “New Yorkers have always had a great entrepreneurial spirit and drive, and that was no … Institute, the share of New York’s population that started a new business was 12 th highest among states in 2021. … and people of color. The New York State Common Retirement Fund makes investments intended to generate market returns …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-profile-new-yorks-small-business-ownersOpinion 88-2
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. REAL PROPERTY TAXES AND ASSESSMENTS -- Assessments (special assessment area …
https://www.osc.ny.gov/legal-opinions/opinion-88-2City of Poughkeepsie – Audit Follow-Up (2013M-30-F)
… member elected Common Council. Results of Review Based on our limited procedures, it appears that the City has made …
https://www.osc.ny.gov/local-government/audits/city/2015/05/01/city-poughkeepsie-audit-follow-2013m-30-fAbout NYSLRS
… The New York State and Local Retirement System (NYSLRS) is one of the largest retirement systems in the world, … members, retirees and beneficiaries. NYSLRS administers two distinct systems: The Employees’ Retirement System (ERS), …
https://www.osc.ny.gov/retirement/about-nyslrsComptroller DiNapoli and Acting Nassau County DA Singas: Pension Scammer Sentenced
… will continue to investigate allegations of fraud and work with law enforcement to recoup money unlawfully taken … Attorney Madeline Singas and her office for their hard work on this case.” “By collecting almost a half million … Attorney Madeline Singas said. “I will continue to work with the State Comptroller to defend our pension system …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-and-acting-nassau-county-da-singas-pension-scammer-sentencedDiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… Common Retirement Fund (Fund), companies are taking action to address investment risks posed by climate change and … challenges they’re facing,” DiNapoli said. “As the state pension fund’s trustee, it’s my responsibility to protect and … file a proposal asking Duke Energy for a report assessing how the expected reduction in use of fossil fuels will impact …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksA Review of the Proposed Capital Program for the Metropolitan Transportation Authority - September 2009
The MTA’s commuter railroads, bridges, and tunnels have been largely restored to a state of good repair, with some exceptions.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-10-2010.pdfUnitedHealthcare – Out-of-Network Providers Upcoding Selected Evaluation and Management Services (Follow-Up)
… Objective To assess the extent of implementation of the two recommendations included in our initial audit report, … Out-of-Network Providers Upcoding Selected Evaluation and Management Services (Report 2017-S-34 ). About the … identified in the initial audit. Of the initial report’s two audit recommendations, both were partially implemented. …
https://www.osc.ny.gov/state-agencies/audits/2020/01/03/unitedhealthcare-out-network-providers-upcoding-selected-evaluation-and-management-servicesDiNapoli Examines Fiscal Hurdles Facing Key NYC-Supported Agencies
… city-supported agencies — the New York City Department of Education (DOE), the New York City Housing Authority … housing, and health care are essential needs for millions of city residents. Given recent budgetary difficulties, … Tool enables users to track agency-specific delivery of services, staffing levels, and spending to track trends …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-examines-fiscal-hurdles-facing-key-nyc-supported-agenciesUse, Collection, and Reporting of Infection Control Data (Follow-Up)
… included in our initial audit report, Use, Collection, and Reporting of Infection Control Data ( 2020-S-55 ). The … to the Department of Health (Department) and one to the Governor. About the Program Due to the highly … one was implemented, one was partially implemented, and two were not implemented. The one recommendation to the …
https://www.osc.ny.gov/state-agencies/audits/2023/12/20/use-collection-and-reporting-infection-control-data-followDivision of Housing and Community Renewal – Physical and Financial Conditions at Selected Mitchell-Lama Developments Located Outside New York City
… of Mitchell-Lama developments, supervised by Homes and Community Renewal’s (HCR) Division of Housing and Community Renewal (DHCR), are provided safe and clean living conditions, and whether funds are properly …
https://www.osc.ny.gov/state-agencies/audits/2023/12/08/division-housing-and-community-renewal-physical-and-financial-conditions-selected-mitchellTown of Mamakating – Records and Reports (2015M-164)
… showed reserved cash that agreed with the Town’s reserve fund balances, the bookkeeper did not record the transfer of … manner or record town-outside-village general and highway fund cash balances in the accounting records. The Board did … Use interfund advances only when an operating fund is in need of short-term cash and ensure interfund …
https://www.osc.ny.gov/local-government/audits/town/2015/11/20/town-mamakating-records-and-reports-2015m-164