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State Contract and Payment Actions in October
… Office of the State Comptroller approved 1,982 contracts for state agencies and public authorities valued at $5 … 1,800 payments valued at more than $9.1 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these …
https://www.osc.ny.gov/press/releases/2024/12/state-contract-and-payment-actions-octoberDiNapoli: MTA Budget Gaps Driven By Fare Revenue Drop
… avoid these outcomes unless it lays out additional options for the public and its funding partners to consider.” … 2026. For this to happen, they’ve included proposed fare increases of 4% in 2023 and 2025. However, the MTA would have … to raise fares by at least 19% on top of these proposed increases to reach the same level of fare revenue as in 2019. …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-mta-budget-gaps-driven-fare-revenue-dropReport on the State Fiscal Year 2021-22 Executive Budget
The COVID-19 pandemic has had a severe fiscal impact on New York State, and the Executive Budget for State Fiscal Year (SFY) 2021-22 demonstrates the need for additional federal assistance.
https://www.osc.ny.gov/files/reports/budget/pdf/executive-budget-report-2021-22.pdfState Comptroller DiNapoli Statement on Enacted State Budget
… It is welcome news that the Governor and the Legislature have completed … of the enacted budget in the coming weeks. … It is welcome news that the Governor and the Legislature have completed …
https://www.osc.ny.gov/press/releases/2017/04/state-comptroller-dinapoli-statement-enacted-state-budgetTown of Oneonta Fire District – Internal Controls Over Financial Operations (2013M-243)
… and reported and that District moneys are safeguarded for the period January 1, 2012 through July 8, 2013. … general fund budget totaled approximately $941,000 for the 2013 fiscal year. Key Findings The Board did not … an investment policy or a code of ethics, Issue a W-2 form for the Treasurer’s wages and take out withholdings from her …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/01/31/town-oneonta-fire-district-internal-controls-over-financial-operationsLocal Government – 2023 Financial Condition Report
… property tax revenues are the largest source of revenue for local governments. In local fiscal years ending (LFY) in 2021, property taxes accounted for $38.1 billion, or 42.1 percent, of total revenue ($90.5 … Levy Growth Generally, the property tax cap limits levy increases to the lesser of 2 percent or the rate of …
https://www.osc.ny.gov/reports/finance/2023-fcr/local-governmentTown of Hempstead – Budgeting (2021M-169)
… report - pdf ] Audit Objective Determine if the Town of Hempstead (Town) Board (Board) adopted realistic budgets … raised in the Town’s response. … Determine if the Town of Hempstead Town Board Board adopted realistic budgets and …
https://www.osc.ny.gov/local-government/audits/town/2022/02/25/town-hempstead-budgeting-2021m-169State Comptroller DiNapoli Releases School Audits
… has adopted a procurement policy that requires competition for purchases not subject to bidding requirements, the policy does not clearly establish procedures for procuring professional services. Also, the purchasing … BOCES reported district-based staff who were not eligible for aid reimbursement from SED. As a result, BOCES claimed …
https://www.osc.ny.gov/press/releases/2016/12/state-comptroller-dinapoli-releases-school-audits-1DiNapoli Statement on NYC's 2025 Budget Modification
… the following statement today regarding New York City's 2025 budget modification. "New York City’s Fiscal Year 2025 budget modification raises current year spending to $115 … the following statement today regarding New York Citys 2025 budget modification …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-statement-nycs-2025-budget-modificationState Comptroller DiNapoli Releases School Audits
… inhibited effective financial management and justification for the levels of accumulated fund balance and reserves. Lyme … to close projected budget gaps totaling $1.6 million for the 2020-21 through 2022-23 fiscal years though the … financial and capital plans to provide a framework for developing the annual budgets and addressing future …
https://www.osc.ny.gov/press/releases/2024/11/state-comptroller-dinapoli-releases-school-auditsState Contract and Payment Actions in May
… Office of the State Comptroller approved 1,872 contracts for state agencies and public authorities valued at $3.9 … of Alcoholism and Substance Abuse Services $806.4 million for the Chemical Dependency Services Program, including … of the Budget $3.1 million with Frasca & Associates, LLC for secondary bond sale advisory services. $1.3 million with …
https://www.osc.ny.gov/press/releases/2019/07/state-contract-and-payment-actions-mayYork College – Time and Attendance Practices for Public Safety Staff
… to provide reasonable assurance that they worked the hours for which they were compensated. The audit covered the period … general oversight of CUNY operations and is responsible for monitoring academic development and other activities at the individual colleges. Each college is responsible for complying with governing laws, regulations, policies, and …
https://www.osc.ny.gov/state-agencies/audits/2015/04/06/york-college-time-and-attendance-practices-public-safety-staffState 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-2DiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… New York’s 107 local Industrial Development Authorities (IDAs) … in 2021, followed by towns (18.5%), cities (12.3%), New York City (7.4%), villages (0.5%), and city-town IDAs … finance fees from the refunding bond closings of Yankee Stadium LLC and Queens Ballpark Co. LLC (Citi Field). Total …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionStatement 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 June
… Office of the State Comptroller approved 1,449 contracts for state agencies and public authorities valued at $1.5 … 4,900 payments valued at nearly $11.5 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these …
https://www.osc.ny.gov/press/releases/2022/07/state-contract-and-payment-actions-juneComptroller DiNapoli Releases School Audits
… District – Budgeting (Sullivan County) Budget estimates for revenues and expenditures have not been aligned with … School District – Financial Condition (Orange County) For fiscal years 2010-11 through 2012-13, district officials … from $16.5 million in 2010-11 to $10.3 million in 2012-13. For access to state and local government spending and nearly …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-releases-school-audits-0DiNapoli: State Tax Receipts Exceeded Updated Projections in First Quarter
… better than the Division of the Budget’s current estimates for the first quarter, but the economy is sending mixed … economic conditions and what it means short- and long-term for our state’s finances.” Personal income tax (PIT) receipts … which was $9 billion, or 18.3%, higher than last year for the same period, largely reflecting higher Medicaid …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-tax-receipts-exceeded-updated-projections-first-quarterState 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-februaryNew Lebanon Central School District - School District Website (S9-19-37)
… documents to make informed decisions. Officials did not post: Budget-to-actual results; budget documents with fund … of the District’s fiscal decisions. Key Recommendations Post the budget-to-actual results, comprehensive budget … with detailed CAPs to the District website. Prepare and post a multiyear financial plan to help residents see the …
https://www.osc.ny.gov/local-government/audits/school-district/2021/03/23/new-lebanon-central-school-district-school-district-website-s9-19-37