Search
Fiscal Stress Monitoring System: Municipalities in Stress Fiscal Years Ending 2018
The Fiscal Stress Monitoring System and resulting fiscal stress designations rely on data from annual financial reports submitted by local governments.
https://www.osc.ny.gov/files/local-government/fiscal-monitoring/pdf/2018-munis-stressed.pdfAvoiding the Fiscal Cliff: A Lesson in Budgeting and Financial Condition Analysis
This session will identify those concepts commonly misunderstood by local government managers and governing boards, help explain how to properly implement these concepts and ways to prevent pitfalls in the budgeting process.
https://www.osc.ny.gov/files/local-government/academy/pdf/fiscal-cliff-budgeting-041625.pdfState Audit Shows Need to Improve Response to Noise Complaints in NYC
… functions was limited. SLA has the legal authority to revoke, cancel or suspend the license of an establishment …
https://www.osc.ny.gov/press/releases/2017/06/state-audit-shows-need-improve-response-noise-complaints-nycDiNapoli: State Medicaid Program Made More Than $100 Million in Duplicate Payments
… New York state paid more than $100 million in duplicate payments to managed care organizations (MCOs) … to do a better job coordinating with all stakeholders in the Medicaid system to eliminate this waste, improve … MCOs a monthly premium for each enrolled recipient and, in turn, the MCOs pay providers for services required by …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-state-medicaid-program-made-more-100-million-duplicate-paymentsMedicaid Program – Opioid Prescriptions for Medicaid Recipients in an Opioid Treatment Program
… Medicaid recipients who are receiving opioids while also in a Treatment Program for opioid use disorder. This audit … 25 recipients were asked at least once during treatment to sign a consent form to coordinate care with the recipient’s … prescriber. However, 3 of the 13 recipients declined to sign a consent form. We found care coordination with regard …
https://www.osc.ny.gov/state-agencies/audits/2018/11/20/medicaid-program-opioid-prescriptions-medicaid-recipients-opioid-treatment-programMainstream Managed Care Organizations – Administrative Costs Used in Premium Rate Setting (Follow-Up)
… Purpose To determine the extent of implementation of the seven recommendations made in our … The Department issues MMCOR instructions to guide MCOs on how to report administrative expenses. We issued our initial …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/mainstream-managed-care-organizations-administrative-costs-used-premium-rate-setting-followDiNapoli: Homeless Families, Adults Living in Squalid Shelters Due to Oversight Failure
… to go unchecked, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. The audit … far better than the unacceptable conditions we found in these shelters. We appreciate the state’s renewed effort … one shelter; Missing carbon monoxide detectors in sleeping areas. Recommendations The audit recommended that OTDA: Take …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-homeless-families-adults-living-squalid-shelters-due-oversight-failureDiNapoli: College Student Loan Debt Doubled in New York Over Last Decade
… rate for borrowers in the Bronx (19 percent) was twice the rates in the Long Island (9.5 percent) and Ithaca (9.1 … which occurred in the nation during this period. Default rates for student loans declined in New York from 2012 to 2014. DiNapoli’s report found default rates varied dramatically depending on the type of school an …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-college-student-loan-debt-doubled-new-york-over-last-decadeDiNapoli: State Health Department Missed $119 Million in Rebates from Drug Companies
… The state Department of Health (DOH) failed to collect nearly … according to an audit released today by New York State Comptroller Thomas P. DiNapoli. “The Department of …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-health-department-missed-119-million-rebates-drug-companiesDiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… New York City projects a surplus of $439 million in the 2017 fiscal year, which is likely to grow as the year progresses even though job growth and tax … $2.9 billion and $2.4 billion. While these are relatively small as a share of city-fund revenues (averaging 3.9 …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… nonprofit sector in New York state,” said Louisa Chafee, senior vice president for external relations and public … on the nonprofit sector’s economic impact.” The top two categories in 2012 for nonprofits nationally and in New York … religious, civic, and social advocacy groups. These two categories accounted for more than two-thirds of nonprofits …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsOversight of Security Expenses in Single Adult and Adult Family Homeless Shelters
… Purpose To determine whether the New York City Department of Homeless Services (DHS) is adequately monitoring the security expenses at single adult and adult family homeless shelters and … services. Homeless shelters provide security to ensure the safety and security of all residents. Shelter providers can …
https://www.osc.ny.gov/state-agencies/audits/2018/05/07/oversight-security-expenses-single-adult-and-adult-family-homeless-sheltersDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… 5LINX, a telecommunications company located in Rochester, has … companies. “The success of the 5LINX investment is another example of how the In-State Private Equity Program … nation. Over the past 20 years, 82 percent of the cost of benefit payments has been funded by investment returns. The …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundChanges in Federal Policies Pose Significant Risks for New York City's Budget
… Great Recession," DiNapoli said. "New York City’s economy is strong, the 2018 budget is balanced and the out-year gaps … difficult times may lie ahead, depending on the effects of what happens in Washington." The November update to the … funding at the state level could affect the amount of aid the city receives from Albany. The Governor is scheduled …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Economic Snapshot Shows The Bronx Making Impressive Gains in Addressing Challenges
… proud of our economic growth and record low unemployment rates." "A renaissance in the Bronx is upon us – record low … 12 percent from 2009 through 2013, but it dropped to 6.2 percent by 2017, the lowest level since 1990. Recent data … higher than the citywide rates (18.4 percent and 26.6 percent, respectively). Rental units accounted for 81 …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-economic-snapshot-shows-bronx-making-impressive-gains-addressing-challengesNY State Comptroller DiNapoli Statement on Supreme Court Decision in Janus Case
… DiNapoli released the following statement today after the United State Supreme Court ruled on the Janus v. American … our middle class – and are still building it. A strong and united labor movement will preserve employee benefits and … DiNapoli released the following statement today after the United State Supreme Court ruled on the Janus v American …
https://www.osc.ny.gov/press/releases/2018/06/ny-state-comptroller-dinapoli-statement-supreme-court-decision-janus-caseDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… in Autotask, an IT company located near Albany, according to New York State Comptroller Thomas P. DiNapoli. The Fund … state pension fund dollars into New York companies and it is paying off for the companies and for the state pension … the Fund with a 20 percent internal rate of return on fully exited investments in the last five years, the …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundDiNapoli: State Correction Commission Falling Short in Tracking Problems or Inspecting Prisons
… state Department of Correction and Community Supervision (DOCCS) facilities, the system does not include daily incident … Implement a system to retain and analyze information for DOCCS correctional facilities, such as incidents, complaints, … may warrant monitoring or targeted reviews; Monitor the DOCCS accreditation results to identify relevant information …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-state-correction-commission-falling-short-tracking-problems-or-inspecting-prisonsDiNapoli: Contractor Sentenced in Federal Court for Defrauding State of Over $360,000
… A former state contractor who pleaded guilty to federal fraud charges … earlier this year, as a result of a joint investigation by New York State Comptroller Thomas P. DiNapoli and U.S. Attorney …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-contractor-sentenced-federal-court-defrauding-state-over-360000NYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… New York State Comptroller Thomas P. DiNapoli. "When Wall Street does well, the city and state benefit from higher tax … .ny.us/sites/default/files/other/documents/pdf/2019-04/wall-street-bonuses-2017.pdf Chart showing Wall Street's annual profits and employment: …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017