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DiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… to $29.2 million in 2021. County IDAs were responsible for 61.2% of all active IDA projects in 2021, followed by … (0.1%). The report summarizes data as reported by IDAs for fiscal year end 2021 through the Public Authorities … IDA, do not. DiNapoli’s report found that: Tax exemptions for IDA projects totaled almost $1.9 billion, an increase of …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionVillage of Stamford – Pool Capital Project Planning and Monitoring (2022M-204)
… – pdf] Audit Objective Determine whether the Village of Stamford (Village) Board of Trustees (Board) transparently … received by $256,302 and contributed to the declining fund balance in the Village’s general fund . The Board did not: Prepare a Project budget …
https://www.osc.ny.gov/local-government/audits/village/2023/04/07/village-stamford-pool-capital-project-planning-and-monitoring-2022m-204State Contract and Payment Actions in February
… of the State Comptroller (OSC) approved 1,407 contracts for state agencies and public authorities valued at $109 … 8,000 payments valued at nearly $18.2 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these …
https://www.osc.ny.gov/press/releases/2021/03/state-contract-and-payment-actions-februaryData Sources – 2022 Financial Condition Report
… of Education Policy, Illinois State University City of New York Department of Correction City University of New York … Federal Reserve Bank of New York Fitch Ratings IHS Markit/S&P Global Internal Revenue Service Moody’s Investors Service …
https://www.osc.ny.gov/reports/finance/2022-fcr/data-sourcesData Sources – 2021 Financial Condition Report
… Center for the Study of Education Policy, Illinois State University … Agriculture U.S. Department of Education – National Center for Education Statistics U.S. Department of Labor – Bureau of …
https://www.osc.ny.gov/reports/finance/2021-fcr/data-sourcesMedicaid Program – Improper Medicaid Payments for Terminated Drugs
… Medicaid program is administered by the Department of Health (Department) and is overseen at the federal level by the Centers for Medicare & Medicaid Services (CMS). The Medicaid program covers medically necessary … ensure terminated drugs will not be dispensed or paid for, CMS requires state Medicaid programs to reject these claims …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-improper-medicaid-payments-terminated-drugsCUNY Bulletin No. CU-168
… change in methodology used to calculate withholding taxes for adjunct employees. Background The methodology for calculating withholding taxes for all State employees, including employees in adjunct …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-168-changes-withholding-tax-calculations-employees-adjunctDiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… Thomas P. DiNapoli. “The PPP was meant to be a lifeline for struggling small businesses, but it has proven difficult for many of New York City’s mom-and-pop operations to … The program offers low-interest, forgivable loans for small businesses that could be used to cover payroll …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingTown of Hempstead – Budgeting (2021M-169)
… and appropriate budgets and the Town’s preliminary budgets for 2017-2020 fiscal years did not include the fund balance … budgeted expenditures, over the four-year audit period for the six major funds reviewed. Town officials failed to … and transparent manner, and show fund balance estimates for each fund, with the required breakdown. Properly budget …
https://www.osc.ny.gov/local-government/audits/town/2022/02/25/town-hempstead-budgeting-2021m-169State Comptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … and officials did not know who had access to the district’s fuel tanks. Avon Central School District – Financial … and district officials did not effectively manage fund balance and reserves. The board-approved budgets …
https://www.osc.ny.gov/press/releases/2024/11/state-comptroller-dinapoli-releases-school-auditsState Comptroller DiNapoli Releases School Audits
… (Allegany County) Although the board has adopted a procurement policy that requires competition for purchases … who were not eligible for aid reimbursement from SED. As a result, BOCES claimed $2.5 million in additional aid to … policies and procedures governing the claims processing function. In addition, the board did not develop a …
https://www.osc.ny.gov/press/releases/2016/12/state-comptroller-dinapoli-releases-school-audits-1DiNapoli Releases December State Cash Report
… $230.6 million higher than the Division of the Budget’s (DOB) latest projections, according to the monthly state cash report issued today by New York State Comptroller Thomas P. DiNapoli. Total spending of …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-releases-december-state-cash-reportDiNapoli: Local Sales Tax Collections Up 3% in Second Quarter
… grew by a more modest 1.5% and 1.1%. Modest Increase for NYC: New York City’s collections moderated in the second … at -6.2%. Gas Collections Dropped: A steep drop in gas prices, which were 21% lower in the second quarter of 2023 …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-local-sales-tax-collections-3-percent-second-quarterState Comptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. … The supervisor was unaware of the statutory requirement for deposits and only made one deposit at the end of each … to the procurement policy regarding obtaining quotes for purchases and public works. During the audit period, …
https://www.osc.ny.gov/press/releases/2018/02/state-comptroller-dinapoli-releases-municipal-audits-2Special 20-Year Plan for Investigators in the Office of a District Attorney (Sections 89-d and 89-d(m))
… (Return to Top) (Return to Top) VO1875 (Rev. 7/11) © 2011, New York State and Local Retirement System This publication provides a general summary of retirement benefits, rights and responsibilities, and is …
https://www.osc.ny.gov/retirement/publications/special-20-year-plan-investigators-office-district-attorney-sections-89-d-and-89-dmStatement From NY State Comptroller Thomas P. DiNapoli on Mayor's November Financial Plan Update
… also continues the city’s practice of not fully budgeting for known spending risks, including for transportation, education and social services. The city did not budget for the cost of expanding its Family Homelessness and …
https://www.osc.ny.gov/press/releases/2023/11/statement-ny-state-comptroller-thomas-p-dinapoli-mayors-november-financial-plan-updateState Contract and Payment Actions in August
… and other tax refunds. $262.9 million for 362,073 property tax credits. Office of Children and Family Services …
https://www.osc.ny.gov/press/releases/2022/09/state-contract-and-payment-actions-augustState Contract and Payment Actions in December
… In December, the Office of the State Comptroller approved 2,332 contracts for state agencies and … and prime contractors. Cumulatively through December for calendar year 2023, DiNapoli’s office approved 24,015 …
https://www.osc.ny.gov/press/releases/2024/02/state-contract-and-payment-actions-decemberDiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… than estimates released in the Division of the Budget’s (DOB) Enacted Budget Financial Plan. However, collections … according to the monthly State Cash Report released by New York State Comptroller Thomas P. DiNapoli. “State revenue …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterComptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … era of limited resources and increased accountability, it’s critical that schools make every dollar count,” DiNapoli … district incurred operating surpluses and grew its fund balance from 1.1 percent in 2010-11 to 5.6 percent in …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-releases-school-audits-0