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NYS Comptroller DiNapoli: Wall Street Profits and Bonuses Up Sharply in 2017
… Securities industry profits rose dramatically in 2017 for the … and the average bonus paid to industry employees in New York City jumped 17 percent to reach $184,220 according to an … Stock Exchange member firms (the traditional measure of securities industry profits) soared by 42 percent in 2017 …
https://www.osc.ny.gov/press/releases/2018/03/nys-comptroller-dinapoli-wall-street-profits-and-bonuses-sharply-2017DiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… “The success of the 5LINX investment is another example of how the In-State Private Equity Program delivers positive … New York State’s Common Retirement Fund. 5LINX has gone on to experience significant growth and business success … industry sectors and businesses. http://www.trillium-group.com …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundDiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… staffing and increase membership in MetroPlus (a health insurance plan owned by HHC). The city could be called upon … funded. The city also anticipates $731 million from the sale of taxi medallions during fiscal years 2018 through 2020, but the sale has been repeatedly delayed and market conditions remain …
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
… have a significant impact on our economy through the number of jobs they provide and the wages they pay. Given the … of this key sector of our economy that delivers vital services.” DiNapoli’s report focuses on private nonprofits … which United Way helps to support, provide day care services that allow people to go to work, job training that …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsDiNapoli Audit: Pre-K Special Education Provider Spent $2.5 Million in Unallowed Expenses
… funds, DiNapoli announced an initiative involving a broad look at the special education sector and proposed legislation … use of public funds for special education and in some cases, outright fraud. Investigations related to these audits … than $5 million in misspent public funds. A comprehensive look at past audits is available online: …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-audit-pre-k-special-education-provider-spent-25-million-unallowed-expensesDiNapoli: State Correction Commission Falling Short in Tracking Problems or Inspecting Prisons
… The state agency in charge of the oversight and inspection of 561 state and local correctional facilities and jails … P. DiNapoli. Auditors also found the State Commission of Correction is also not routinely inspecting the state's 54 … The state agency in charge of the oversight and inspection of 561 state and local …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-state-correction-commission-falling-short-tracking-problems-or-inspecting-prisonsDiNapoli: State Health Department Missed $119 Million in Rebates from Drug Companies
… million in available rebates over a 33-month period from prescription drug makers for the Medicaid program because of … York state has been able to recover a portion of Medicaid prescription drug costs by requesting rebates from drug … The Affordable Care Act, enacted in 2010, extended prescription drug rebates to cover medications dispensed to …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-health-department-missed-119-million-rebates-drug-companiesDiNapoli: College Student Loan Debt Doubled in New York Over Last Decade
… today released a report on student loan debt which found the average New Yorker with college loans owed $32,200 in 2015, higher than the national average of $29,700. In New York, student loan debt more than doubled during the last decade, growing to $82 billion from $39 billion, an …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-college-student-loan-debt-doubled-new-york-over-last-decadeDiNapoli: Economic Snapshot Shows The Bronx Making Impressive Gains in Addressing Challenges
… share of residents (age 25 and older) with at least a high school diploma rose from 69 percent in 2010 to 72 percent in …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-economic-snapshot-shows-bronx-making-impressive-gains-addressing-challengesDiNapoli: State Medicaid Program Made More Than $100 Million in Duplicate Payments
… by their members. Patients Incorrectly Getting Two ID Numbers Each individual who applies for benefits under … at the local level for updating incorrect and incomplete applicant information. They also found limitations in usage … Medicaid program. Local Districts use the WMS to process applicant data for the various public assistance programs, …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-state-medicaid-program-made-more-100-million-duplicate-paymentsState Audit Shows Need to Improve Response to Noise Complaints in NYC
… of noise complaints to track the exact times of officer follow up to improve management analysis of response …
https://www.osc.ny.gov/press/releases/2017/06/state-audit-shows-need-improve-response-noise-complaints-nycMedicaid Program – Opioid Prescriptions for Medicaid Recipients in an Opioid Treatment Program
… recipients who are receiving opioids while also in a Treatment Program for opioid use disorder. This audit … for people diagnosed with an opioid use disorder. New York State maintains a database to monitor prescription drug … recipients who are receiving opioids while also in a Treatment Program for …
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 initial audit report, Mainstream Managed Care … Reports (MMCORs). The Department issues MMCOR instructions to guide MCOs on how to report administrative expenses. We … To determine the extent of implementation of the seven …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/mainstream-managed-care-organizations-administrative-costs-used-premium-rate-setting-followDiNapoli: Special Education Pre-K Provider Claimed Nearly $1 Million in Ineligible Expenses
… A Staten Island preschool special education provider, … or were paid to ineligible administrative staff members; $46,615 in school supplies that were not properly documented; … record; and $2,777 in insurance expenses related to the Executive Director’s personal vehicle (incorrectly reported …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-special-education-pre-k-provider-claimed-nearly-1-million-ineligible-expensesRensselaer County Industrial Development Agency – Payments in Lieu of Taxes (2021M-74)
… were properly billed, collected and distributed. During the audit period: Sixteen of the 62 bills we reviewed were inaccurate because the County’s Director of Real Property Tax (RPT Director) …
https://www.osc.ny.gov/local-government/audits/county/2025/01/24/rensselaer-county-industrial-development-agency-payments-lieu-taxes-2021m-74DiNapoli: New York's Medicaid System Improperly Paid Over $16 Million in Claims
… released today by State Comptroller Thomas P. DiNapoli. “My office pays close attention to Medicaid because it’s … can be costly. My office's latest audit found areas where the Department of Health can do better and avoid … with Medicaid policies. $126,786 was paid for claims where Medicaid was incorrectly designated as the primary …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-new-yorks-medicaid-system-improperly-paid-over-16-million-claimsChemical 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 … of alcohol and substance abuse. We audited $8.4 million in payments made to the two contractors, and found that …
https://www.osc.ny.gov/state-agencies/audits/2013/04/10/chemical-dependency-program-payments-selected-contractors-new-york-city-followDiNapoli: State Missing Out on Millions in Medicare Payments for Kidney Patients
… The state Department of Health (DOH) could have saved the Medicaid program as much … disease (ESRD) who meet certain eligibility requirements get the Medicare benefits to which they are entitled, … and struggling with day-to-day life should be informed of their Medicare eligibility, which could reduce their …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-state-missing-out-millions-medicare-payments-kidney-patientsState Pension Fund Adds $30 Million for Investments in New York Companies
… instruments and has consistently been ranked as one of the best managed and best funded plans in the nation. Over the past 20 years, 80 …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesDiNapoli and Diaz Help Bronx Residents Claim $245 Million in Lost Money
… President Ruben Diaz Jr. will help raise awareness about unclaimed funds across the borough. It’s your money, come and get it. … Bronx residents to make the effort to track down their unclaimed money from the more than $244 million in unclaimed …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-and-diaz-help-bronx-residents-claim-245-million-lost-money