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DiNapoli: New York City Projecting $3.4 Billion Surplus for 2016
… New York City is projecting a surplus of $3.4 billion for fiscal year (FY) 2016, but … 2016 surplus stems largely from unanticipated growth in tax revenues, debt service and agency savings, and a drawdown … remains strong, it is also showing signs of slowing. City tax collections, after growing at an average rate of 6.9 …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-new-york-city-projecting-34-billion-surplus-2016DiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… FY 2027 (18% of city-fund revenues), even when adjusting for stronger revenue collections. “The city’s steps to close … Program to Eliminate the Gap. The city’s budget surplus for FY 2023, which will be used to prepay a portion of the … financial plan. If it is ratified and sets a pattern for other labor agreements, total labor costs would increase …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadCantalician Center for Learning – Compliance With the Reimbursable Cost Manual
… year ended June 30, 2017. About the Program Cantalician is an SED-approved, not-for-profit special education provider … special education services to children with disabilities who are between the ages of 3 and 5 years. Cantalician is reimbursed for these …
https://www.osc.ny.gov/state-agencies/audits/2023/01/26/cantalician-center-learning-compliance-reimbursable-cost-manualDiNapoli and Orange County DA Hoovler Detail Guilty Plea in Pension Fraud Case
… I thank Orange County District Attorney Hoovler for his continued partnership and steadfast commitment to … State Comptroller’s Office and the New York State Police for their joint investigation of White that led to her … “That this defendant would seek to manipulate the system for her own benefit is reprehensible. I am thankful for the …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-and-orange-county-da-hoovler-detail-guilty-plea-pension-fraud-caseXI.4 Overview – XI. Procurement and Contract Management
… by ensuring that critical services are provided. Not-for-profit entities generally provide these services. … of these agreements, including delineation of requirements for the assessment, suspension or waiver of interest … related to grant contracting, specifically: Not-for-Profit Prompt Contracting Standard Contract Language for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi4-overviewDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… New York City is projecting a $3.4 billion surplus for city fiscal year (FY) 2021 because of … social safety net services has shot up, with significant increases in unemployment compensation, Medicaid, and cash … and high-end real estate. The impact of any proposed tax increases remains uncertain, but care is needed to avoid …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-loomingGrand Gorge Fire District – Conflict of Interest and Claims Auditing (2020M-151)
… in District contracts. Determine whether claims were for appropriate District purposes and audited and approved … interests in District contracts and whether claims were for appropriate District purposes and audited and approved …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/04/01/grand-gorge-fire-district-conflict-interest-and-claims-auditing-2020m-151Comptroller DiNapoli and AG Schneiderman Announce Conviction of Florida Resident for Stealing Over $148k In NYS Pension Benefits
… to Grand Larceny in the Third Degree, a Class D felony, for stealing over $148,000 in pension payments from the New … a New York State pensioner who died in March 2010. “For years, Ms. Kanas spent thousands, living off a pension to … admitted to having stolen the pension benefits intended for Mr. Yudenfreund for almost five years after his death, …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-florida-resident-stealing-over-148k-nysDiNapoli: State Tax Receipts Higher Than Updated Projections Through the First Half of the Year
… State tax receipts totaled $51.5 billion through the first six months of State Fiscal Year (SFY) 2023-24, $1.7 billion higher than … However, tax receipts were $6.9 billion lower than the first half of SFY 2022-23, according to the monthly State …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-state-tax-receipts-higher-updated-projections-through-first-half-yearThe Arc Erie County New York – Compliance With the Reimbursable Cost Manual
… the expenses reported on ARC Erie’s 2018 and 2019 CFRs for the fiscal year ended June 30, 2019. About the Program Arc Erie is an SED-approved, not-for-profit special education provider located in … RCM regarding eligibility and documentation requirements. For the fiscal year ended June 30, 2019, Arc Erie reported …
https://www.osc.ny.gov/state-agencies/audits/2022/12/06/arc-erie-county-new-york-compliance-reimbursable-cost-manualDiNapoli: State Tax Receipts Exceed Latest Projections by $7.7 Billion
… which was $7.8 billion, or 5.5%, higher than last year for the same period. All Funds spending through December was …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-tax-receipts-exceed-latest-projections-7-point-7-billionDiNapoli: State Tax Receipts Outpaced Projections Through December
… in the markets and persistent inflation are cause for concern. In addition, the direction of federal tax policy … which was $8.7 billion, or 5.3%, higher than last year for the same period, primarily due to higher costs in …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-state-tax-receipts-outpaced-projections-through-decemberNational Investors Call for Workplace Disability Inclusion
… the nation's leading institutional investors and pension funds marks a key turning point in the disability rights …
https://www.osc.ny.gov/press/releases/2019/05/national-investors-call-workplace-disability-inclusionState Agencies Bulletin No. 2275
… name and Social Security Number on their employees’ Form W-2. This requirement applies to resident and … this requirement is met prior to the generation of 2024 Form W-2 Wage and Tax Statements, OSC and agency … a new card from the SSA, provide the employee with Form SS-5 for completion and submission to the SSA. Verify …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2275-verification-employees-social-security-number-ssn-and-name-be-reportedDiNapoli Announces Scheduled Sale of $543 Million State of New York General Obligation Bonds
… New York state General Obligation (GO) bonds scheduled for September 27th and 28th, currently estimated to total … $543 million. The state expects to sell $459.4 million for new money transportation, education, and environmental … GO bonds pursuant to the state’s Invitation to Offer Bonds for Purchase (“Invitation to Tender”). Dependent on market …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-scheduled-sale-543-million-state-new-york-general-obligation-bondsState Agencies Bulletin No. 2316
… regarding the implementation of a temporary overtime rate for overtime eligible and ineligible employees and a … Services Unit (BU 04) Public Employees Federation (PEF) Professional, Scientific and Technical Services Unit (BU … using the earnings codes mentioned above are included as salary for retirement purposes. Undeliverable Checks: When a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2316-temporary-overtime-and-pre-shift-briefing-rate-eligible-employeesTown of Dayton – Audit Follow-Up (2019M-221-F)
… the Town Supervisor (Supervisor). The Board is responsible for the general oversight of the Town’s operations and … is the chief financial officer and is responsible for the day-to-day financial operations. Results of Review It …
https://www.osc.ny.gov/local-government/audits/town/2025/03/14/town-dayton-audit-follow-2019m-221-fDiNapoli and Brooklyn Borough President Antonio Reynoso Op-Ed: New York Mothers Should Not Be Dying in Childbirth in 2025
… had a 33% increase in maternal deaths from 2018 to 2021. For every 100,000 live births in our state, there were 18.5 … more accountable when protocols are implemented. For instance, the New York State Maternal Mortality Review … of birthing hospitals had implemented a standard protocol for anesthesiologists and obstetricians to follow when a …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-and-brooklyn-borough-president-antonio-reynoso-op-ed-new-york-mothers-should-not-be-dyingDiNapoli: NYS Pension Fund Commits an Additional $2.4 Billion Through Sustainable Investment Program
… to a low-carbon economy,” DiNapoli said. “The Fund is a leader on addressing the investment challenges posed by … management quality and carbon performance. The index is designed to reflect the performance of global and … risks and opportunities related to climate change. This is in addition to the $2 billion the Fund committed to this …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-nys-pension-fund-commits-additional-24-billion-through-sustainable-investment-programDiNapoli Releases Analysis of Federal Funding for New York City
… on $7.4 billion in federal government funding, accounting for 6.4% of total spending, according to a series of briefs … millions of dollars in cuts or pauses to federal funding for this year and next, but the full impact of recent actions … in FY 2026, and conservative assumptions by the city for federal grants and whether they are recurring. …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-releases-analysis-federal-funding-new-york-city