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DiNapoli Examines Fiscal Hurdles Facing Key NYC-Supported Agencies
… New York City is financially accountable for numerous … reports on three major city-supported agencies — the New York City Department of Education (DOE), the New York City Housing Authority (NYCHA) and New York City … New York City is financially accountable for numerous …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-examines-fiscal-hurdles-facing-key-nyc-supported-agenciesDiNapoli: Wall St. First Half Profits Total $13 Billion, Down From 2022
… the broker/dealer operations of New York Stock Exchange (NYSE) member firms. There are now 132 member firms, down from … rest of the nation ($225,620). In the first half of 2023, NYSE member firms have increased their compensation expenses …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-wall-st-first-half-profits-total-13-billion-down-2022DiNapoli: New York’s Workforce Development Programs Lack Governance and Coordination
… authorities, but there is no functioning governing body to coordinate planning, to make sure the needs of New Yorkers are met, and resources are used effectively, according to an audit of the Department of Labor (DOL) released today … authorities but there is no functioning governing body to coordinate planning to make sure the needs of New Yorkers …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-new-yorks-workforce-development-programs-lack-governance-and-coordinationDiNapoli: New York City's Government Workforce Expected to Increase for First Time Since Pandemic
… New York City’s full-time government workforce is expected to … year-over-year since the COVID-19 pandemic, according to a report released today by State Comptroller Thomas P. … workers in June 2023. "The COVID-19 pandemic upended New York city’s public workforce,” DiNapoli said. “The city …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-new-york-citys-government-workforce-expected-increase-first-time-pandemicDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… change and transition the portfolio to net zero greenhouse gas emissions . “While climate change poses investment risks, … a goal to transition its portfolio to net zero greenhouse gas emissions by 2040. Through the SICS Program, the Fund has … in the United States with assets of approximately $247.7 billion as of Dec. 31, 2020. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsOpinion 90-9
… of this article". Therefore, since section 5-524 is contained in Article 5 of the Village Law, it is our opinion that a village may not supersede the … contained in Article 5 strongly suggests that Article 5 is intended to have uniform application to all villages …
https://www.osc.ny.gov/legal-opinions/opinion-90-9DiNapoli: Fairport Audits Reveal Unauthorized Practices for Economic Development Agencies
… Development Agency (FIDA) made a series of financial and accounting transactions outside their legal authority, … including granting $1 million worth of inappropriate gifts and commercial loans, according to an audit released today by … that led to inappropriately commingled bank accounts, and combined and inaccurate accounting records for the FIDA, …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-fairport-audits-reveal-unauthorized-practices-economic-development-agenciesVillage of Addison – Board Oversight (2024M-8)
… enabled the former Clerk-Treasurer to abuse her position for personal gain. As a result of the Comptroller’s audit … in New York State surrendered their pension as a penalty for corruption while in office. Key Recommendations The …
https://www.osc.ny.gov/local-government/audits/village/2025/07/11/village-addison-board-oversight-2024m-8State Comptroller Releases Municipal Audits
… communities reviewed: Adequacy of 2021 Budgets – Town of Riverhead (Suffolk County) Town of Riverhead officials adequately assessed the impact of the …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-releases-municipal-auditsAbout the Retirement System – What Every Employer Should Know
… and Fire Retirement System (PFRS), created in 1966. NYSLRS is one of the largest public retirement systems in the world. The New York State Comptroller is the administrative head of NYSLRS. The New York State …
https://www.osc.ny.gov/retirement/employers/partnership/about-retirement-systemTown of Charlton – Procurement (2022M-5)
… goods and services. Key Findings Town officials did not always seek competition when procuring goods and … Spent $4,820 on snowplow blades and shoes but could have saved Town taxpayers $2,244, if purchased off State … always retain copies of other government contracts used to procure goods and services. Key Recommendations Follow the …
https://www.osc.ny.gov/local-government/audits/town/2022/06/17/town-charlton-procurement-2022m-5Comptroller DiNapoli and Acting Nassau County DA Singas: Pension Scammer Sentenced
… scheme. Hoffman, 66, of Shirley, was sentenced to execute a confession of judgment for the full restitution … dollars that he acquired illegally. Hoffman also agreed to forfeit all future pension payments that he would have been entitled to; those payments will be used to pay down Hoffman’s debt. …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-and-acting-nassau-county-da-singas-pension-scammer-sentencedOpinion 92-2
… the Town Law, a zone for a portion of the district which is served by the hydrants of a private water company. … The cost involved in procuring the use of fire hydrants is a charge against the fire district to be paid by fire … purpose of such zoning provided for in section 176(27) is "to permit one rate of taxation...for that portion of the …
https://www.osc.ny.gov/legal-opinions/opinion-92-2Division of Housing and Community Renewal – Physical and Financial Conditions at Selected Mitchell-Lama Developments Located Outside New York City
… tenants, and supervision by DHCR. Mitchell-Lama housing is owned by private companies with independent authority to … which must include a DHCR-approved Management Plan. It is the responsibility of the owners to provide safe and … representatives are required to conduct yearly on-site assessments of the development’s physical condition as …
https://www.osc.ny.gov/state-agencies/audits/2023/12/08/division-housing-and-community-renewal-physical-and-financial-conditions-selected-mitchellTransportation Company Owner and Office Manager Indicted in $1.8 Million Medicaid Scheme
… The owner of a Schenectady County medical transportation company was … the scheme. Defendant, Mohammad Chaudhry, 43, is accused of inflating Medicaid bills from January 2020 through … for group rides, and lying about the destinations of the trips to inflate their payments. Defendant Noah Shook, …
https://www.osc.ny.gov/press/releases/2025/10/transportation-company-owner-and-office-manager-indicted-18-million-medicaid-schemeDiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… such as the water board rental payment, which will exceed $300 million annually beginning in FY 2025. This suggests …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsThe Impact of Wall Street on Jobs and Tax Revenues - April 2004
"Overall, the securities industry (also known as “Wall Street”) remains one of the most important industries in New York City."
https://www.osc.ny.gov/files/reports/osdc/pdf/report-1-2005.pdfPublic Authorities – 2023 Financial Condition Report
… Pool (STIP) for the New York Racing Association’s Belmont Park redevelopment, which coincided with a $455 … on public authorities, please see www.osc.state.ny.us/public-authorities * The data reported are submitted by …
https://www.osc.ny.gov/reports/finance/2023-fcr/public-authoritiesAssessment of the Thruway Authority's Finances and Proposed Toll Increase, August 2012
In 2012, the New York State Thruway Authority announced that it was in the process of imposing a 45 percent average toll increase for some commercial vehicles.
https://www.osc.ny.gov/files/reports/special-topics/pdf/thruway-policy-08142012.pdfState Comptroller DiNapoli Releases Audits
… a sample of 150 cases opened between April 1, 2016, and Nov. 29, 2019. For 69 of the 150 cases, investigators did not …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-dinapoli-releases-audits