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DiNapoli: Texas Woman Charged with Stealing Over $65,000 in NYS Pension Payments
… protect the New York State Retirement System.” William H. Walsh Jr. retired from the New York State Department of … a reduced monthly retirement benefit so his wife, Mary L. Walsh, would continue to receive payments if he died before … by filing a complaint online at https://www.osc.state.ny.us/investigations , or by mailing a complaint to: Office …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-texas-woman-charged-stealing-over-65000-nys-pension-paymentsDiNapoli Announces Nominee for the Commission on Ethics and Lobbying in Government
… the Independent Review Commission of New York’s law school deans for review and approval or denial to serve on the …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-announces-nominee-commission-ethics-and-lobbying-governmentChanges in Federal Policies Pose Significant Risks for New York City's Budget
… Projected budget gaps for New York City in the coming years appear manageable, but tax … the amount of aid the city receives from Albany. The Governor is scheduled to release his executive budget for FY …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budgetDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… and growing our state’s economy makes the program a double win.” The In-State Program is designed to provide investment … portfolio of public and private equities, fixed income, real estate and alternative instruments and has consistently been ranked as one of the best managed and best funded plans in the nation. Over the …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundOyster Bay Water District – Payments in Lieu of Health Insurance (2017M-43)
… of Audit The purpose of our audit was to review payments in lieu of health insurance coverage for the period January … 2016. Background The Oyster Bay Water District is located in the Town of Oyster Bay in Nassau County and provides water to about 8,800 customers. …
https://www.osc.ny.gov/local-government/audits/district/2017/06/02/oyster-bay-water-district-payments-lieu-health-insurance-2017m-43DiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… Housing costs in New York City and the surrounding suburbs have grown more than 68% … areas in the U.S., according to a new report from New York State Comptroller Thomas P. DiNapoli. “Housing costs in New … affordability problem but need to implement cost-effective solutions more quickly.” Housing Costs Grow Since 2011, …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… and investing. They become better equipped and informed to make important financial decisions in the future that … Blue Ribbon Commission on Graduation Measures recommended to the Board of Regents that financial literacy should be a graduation requirement. As part of the process to examine New York’s graduation measures, the commission …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsDiNapoli: Audit Recommends Labor Department Step Up Investigations of Violations in NYC
Weaknesses in how the state Department of Labor DOL investigates labor law violations in New York City have led to significant delays in holding violators accountable and attaining restitution for workers while allowing infractions to continue
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-audit-recommends-labor-department-step-investigations-violations-nycDiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… revenue, inclusive of $2 billion in federal matching funds for SAS Phase 2. The MTA must work with its federal … plan and update its agreements on SAS to retain matching funds with a future revenue source. The MTA has fortunately …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingNY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… of 57 Stars, an international private equity investor, to announce a new $50 million commitment to invest in Northern Ireland companies from the New York … fund and I am gratified that we have the opportunity to expand on our long-standing economic relationship,” …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandDiNapoli: Huntington Man Charged With Stealing Over $56,000 in State Pension Payments
… New York State Comptroller Thomas P. DiNapoli and Suffolk County … from fraud.” “The New York State Retirement Fund is funded by the hard work of hundreds of thousands of public sector … Yorkers can report allegations of fraud involving taxpayer money by calling the toll-free Fraud Hotline at …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-huntington-man-charged-stealing-over-56000-state-pension-paymentsDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… “The tax breaks IDAs provide can impact local taxes so it’s important to ensure these projects are creating or … Authorities Reporting Information System (PARIS) and is not independently verified by the State Comptroller’s … regions. In addition, Western New York IDAs reported 18 such projects and Southern Tier IDAs reported 14. Legislation …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… The state Department of Health can do more to control costs and save taxpayers money by making sure it gets the drug rebates that it is entitled to under federal regulations, according to an audit by State … all the necessary information required for rebates it is due. In its response to the audit, DOH stated that it is …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… Local government sales tax collections in New York state totaled $22.1 billion in …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… state fiscal year (SFY) fell $1.3 billion (3.5 percent) to $36.9 billion from the same period a year ago as personal … largest source of revenue, lagged expectations, according to a mid-year report on revenue and monetary settlements … exceeded initial and updated projections. The decline is due largely to corporate tax reforms made in 2015, decreased …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-yearDiNapoli: Court Clerk Pleads Guilty to Stealing More Than $10,000 in Fines
… A former justice court clerk pleaded guilty to petit larceny after a joint investigation by the Office of the State Comptroller and the St. Lawrence County Sheriff’s Department found she misappropriated more than $10,000 in …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-court-clerk-pleads-guilty-stealing-more-10000-finesState Pension Fund Adds $30 Million for Investments in New York Companies
… Retirement Fund has committed an additional $30 million to Primary Venture Partners to invest in state-based companies, New York State … In-State Private Equity Investment Program, designed to make profitable investments in companies located in New …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesChemical Dependency Program Payments to Selected Contractors in New York City (Follow-Up)
… of implementation of the seven recommendations included in our initial audit report, Chemical Dependency Program Payments to Selected Contractors in New York City (Report 2007-S-60). Background Our initial … the payments to two contractors; Palladia Inc, and the Queens Child Guidance Center by the Office of Alcoholism and …
https://www.osc.ny.gov/state-agencies/audits/2013/04/10/chemical-dependency-program-payments-selected-contractors-new-york-city-followDiNapoli: Former Hempstead School Official and Local Restauranteur Indicted in Kickback Scheme
… New York State Comptroller Thomas P. DiNapoli; Breon Peace, United … agent investigating the fraudulent scheme. “Stealing money meant to feed students in need is reprehensible,” said … family members. Yet, the kicked back funds were spent by Gardner on international vacations, a leased vehicle and …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-hempstead-school-official-and-local-restauranteur-indicted-kickback-schemeDiNapoli: Local Sales Tax Collections Up 21% in First Quarter of 2022
… period totaled nearly $5.2 billion, with growth at least partially driven by inflation, which hit a … in the first quarter. Broome County saw the highest growth at 24.3%, followed by Yates County (22.2%), and Schuyler and … counties (21%). Sullivan County had the lowest growth at 6.6%. Of the cities that impose their own sales tax (not …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-local-sales-tax-collections-21-percent-first-quarter-2022