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State Falls Short in Verifying if Companies Qualify for Tax Breaks Under Excelsior Program
… in charge of doling out millions of dollars in tax credits to companies that pledge to expand in New York state, could not verify that many of … the businesses tax breaks in the first place, according to an audit released today by State Comptroller Thomas P. … the businesses tax breaks in the first place according to an audit released today by State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2016/07/state-falls-short-verifying-if-companies-qualify-tax-breaks-under-excelsior-programNYS Common Retirement Fund Announces Second Quarter Results
… 2016, with an estimated value of $184.5 billion, according to New York State Comptroller Thomas P. DiNapoli. … perspective and our diversified portfolio continue to cushion the Fund against volatility and help ensure … of 2 percent and an estimated value of $181 billion. Prior to that the Fund’s audited value was $178.6 billion as of the …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsState Agencies Bulletin No. 2378
… employee Social Security Numbers and names in the NYS payroll system (PayServ) with the Social Security … partnership and collaborative efforts of agency Personnel/Payroll Officers and the Office of the State Comptroller … Form W-2 Wage and Tax Statements, OSC and agency Personnel/Payroll Officers must reconcile employee Social Security …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2378-verification-employees-social-security-number-ssn-and-name-be-reportedRochester Prep Charter School 3 – IT Asset Management (2025M-36)
… (Board) contracted with a management company (Company) to provide management services. The contract states the … School’s procurement of IT assets and services integral to the School’s operation. The Company’s Regional … The Company contracts with a managed service provider to provide IT support and services to the School. The …
https://www.osc.ny.gov/local-government/audits/charter-school/2025/08/29/rochester-prep-charter-school-3-it-asset-management-2025m-36Town of Hempstead Local Development Corporation – Audit Follow-Up (2021M-37-F)
… Corporation’s (THLDC’s) progress, as of June 2025, in implementing our recommendation in the audit report Town of Hempstead Local Development … – Project Approval and Oversight (2021M-37), released in September 2021. The audit determined that the Board of … Development Corporations THLDCs progress as of June 2025 in implementing our recommendation in the audit report Town …
https://www.osc.ny.gov/local-government/audits/local-development-corporation/2025/09/26/town-hempstead-local-development-corporation-audit-followTown of Hanover – Procurement (2025M-58)
… Municipal Law (GML) Section 104-b requires the Board to adopt written policies and procedures for procuring goods and services that are not subject to competitive bidding, such as professional services. The … through December 31, 2024, the Board approved 286 payments to 67 professional service providers totaling approximately …
https://www.osc.ny.gov/local-government/audits/town/2025/09/26/town-hanover-procurement-2025m-58Greenburgh Central School District – Procurement (2024M-147)
… may be used by districts when the district is unable to provide precise quantity requirements for a particular project due to indeterminate needs throughout a fiscal year. Under such … Board of Education (Board) designated a purchasing agent to be responsible for overseeing the District’s purchasing …
https://www.osc.ny.gov/local-government/audits/school-district/2025/10/24/greenburgh-central-school-district-procurement-2024m-147Greenwood Lake Union Free School District – Audit Follow-Up (2021M-147-F)
… Greenwood Lake Union Free School District – Procurement and Claims Processing (2021M-147), released in December 2021. … that District officials did not always procure goods and services in a cost-effective manner or ensure claims were audited for accuracy and completeness. The audit included nine recommendations to …
https://www.osc.ny.gov/local-government/audits/school-district/2025/07/18/greenwood-lake-union-free-school-district-audit-follow-2021m-147-fBayport Blue Point Union Free School District – Lead Testing and Reporting (S9-25-8)
… identify, report and implement needed remediation to reduce lead exposure in potable water outlets? Audit … used in plumbing and has since been identified as toxic to people, especially young children. Lead poisoning can … or causing hearing and speech problems which can lead to greater difficulty performing well in school and beyond. 1 …
https://www.osc.ny.gov/local-government/audits/school-district/2025/08/01/bayport-blue-point-union-free-school-district-lead-testing-and-reportingEssex County Industrial Development Agency – Project Approval and Monitoring (2024M-146)
… are established by special act of the State Legislature to advance the job opportunities, economic welfare, health … property, mortgage recording and sales and use taxes), to businesses to encourage various types of economic development projects … the evaluation and selection for each category of projects to be provided financial assistance including the prepara …
https://www.osc.ny.gov/local-government/audits/county/2025/08/15/essex-county-industrial-development-agency-project-approval-and-monitoring-2024mTown of Bethlehem – Information Technology (2025M-25)
… periodically test data backups or provide employees with security awareness training. Sensitive IT control … use, officials and employees were not in compliance with the policy. We reviewed Internet histories on eight Town … use, access and loss. Town officials generally agreed with our findings and indicated they have initiated or plan …
https://www.osc.ny.gov/local-government/audits/town/2025/06/13/town-bethlehem-information-technology-2025m-25NYS Common Retirement Fund Reports First Quarter Results
… 2020, with an estimated value of $216.3 billion, according to New York State Comptroller Thomas P. DiNapoli. “One of the … pandemic,” DiNapoli said. “Until there is a solution to the global public health crisis, market volatility and … will continue. We manage New York state’s pension fund to withstand tough challenges. That’s why the Fund remains …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli: Wall St. 2021 Profits near Record Levels
… in New York City’s securities industry, according to State Comptroller Thomas P. DiNapoli’s annual report on … and securities industry workers have been among the first to return to the office,” DiNapoli said. “Financial markets move in … in New York Citys securities industry according to State Comptroller DiNapolis annual report …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsDiNapoli: State Clean Energy Fund Makes Progress on Developing Solar Capacity, But Energy Efficiency Lags
… New York’s Clean Energy Fund (CEF), established in 2016 to help New York reach its clean energy goals, has made good … meeting its energy efficiency targets for 2025, according to a report from New York State Comptroller Thomas P. … climate goals that these funds are used effectively to achieve the best outcome for New York’s energy consumers.” …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-state-clean-energy-fund-makes-progress-developing-solar-capacity-energy-efficiency-lagsDiNapoli: Paycheck Protection Program in NYC Stumbled, but Finding Footing
… difficulties meeting the program’s rigid requirements and lacked access to major lenders, according to a report … it has proven difficult for many of New York City’s mom-and-pop operations to navigate,” DiNapoli said. “Federal … that better focus the program on reaching small businesses and the additional funding is a welcome shot in the arm. …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-paycheck-protection-program-nyc-stumbled-finding-footingDiNapoli Tracks NYC Agency Performance, Recommends Greater Transparency
… resulting in critical services being impacted, according to a new report released today by New York State Comptroller … Services Monitoring Tool , which launched in November 2023 to help the public and lawmakers better evaluate agency … regularly and provides additional insight and context to 144 unique services and 238 service goals established by …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-tracks-nyc-agency-performance-recommends-greater-transparencyDiNapoli: Troy's Proposed Bond Financing for Its Lead Pipe Replacement Program Is Lawful and Constitutional
… serious health problems and is particularly dangerous for pregnant women and children aged six and younger. The city …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-troys-proposed-bond-financing-its-lead-pipe-replacement-program-lawful-and-constitutionalDiNapoli: Taxpayers Moving Out of State Spiked in 2020, Led by Those Leaving NYC
… more than one of every 100 resident personal income tax (PIT) filers left New York state in 2020, according to State Comptroller Thomas P. DiNapoli. The COVID-19 pandemic caused a significant shift in taxpayer … greater than the pre-pandemic average. The report examines PIT filings for the pandemic years of 2020 and 2021 and …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-taxpayers-moving-out-state-spiked-2020-led-those-leaving-nycOversight of the Practice of Funeral Directing
… Objective To determine if the Department of Health is effectively … make the necessary preparations, and move the body to the cemetery or crematory. DOH’s Bureau of Funeral … firms, investigation of consumer complaints related to the practice of funeral directing, and continuing …
https://www.osc.ny.gov/state-agencies/audits/2025/11/26/oversight-practice-funeral-directingDiNapoli: NYC Budget Benefiting From Strong Economy
… are higher than expected amid a strong economic climate and robust job growth, according to a report released today … said. “New York City added a record 120,000 jobs in 2014, and it is on pace to add 100,000 jobs in 2015. At the same … the city’s economic engines, is on track for a good year and profits are likely to exceed last year’s $16 billion.” …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-nyc-budget-benefiting-strong-economy