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DiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… New York City projects a surplus of nearly $4.2 billion in FY 2017, the largest since FY 2008, but faces uncertainty with potential policy changes in Washington, as well as slowing growth in tax collections and job creation, according to a report …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetMedicaid Program – Mainstream Managed Care Organizations: Administrative Costs Used in Premium Rate Setting
… disadvantaged and/or have special health care needs. For the State fiscal year ended March 31, 2015, New York’s … MCOs received $17.8 billion in mainstream managed care premiums for nearly 5.2 million Medicaid enrollees. The … The Department is required by the federal Centers for Medicare & Medicaid Services to create actuarially sound …
https://www.osc.ny.gov/state-agencies/audits/2016/10/13/medicaid-program-mainstream-managed-care-organizations-administrative-costs-used-premiumDiNapoli: Moderate Growth in Local Sales Tax Collections for First Half of 2017
… 3.3 percent in the first six months of 2017, according to a report released today by State Comptroller Thomas P. … June, local collections totaled $8 billion compared to $7.8 billion during the same period last year. "Local … transparency in government and provide taxpayers with better access to financial data. … Local sales tax …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-moderate-growth-local-sales-tax-collections-first-half-2017DiNapoli: Local Sales Tax Collections Up Over 12% in Second Quarter of 2022
… state totaled more than $5.5 billion in the second quarter of 2022 (April-June), an increase of 12.2% or nearly $604 million compared to the same quarter … of slower year-over-year growth, then local officials need to be prepared to make adjustments, especially as the …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-local-sales-tax-collections-over-12-second-quarter-2022State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… has committed an additional $50 million for investments in New York State-based companies through its In-State … today. Investments made from this money will be overseen by Graycliff Partners, a new investment partner for the fund … New York State Common Retirement Fund, the third largest public pension plan in the United States with more than one …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesDiNapoli: Former Crystal Beach Fire Department Treasurer Sentenced in More Than $82,000 Theft
… Volunteer Fire Department treasurer was sentenced today in Ontario County Court after he stole more than $82,000 from … Michael Mason, 44, of Canandaigua, to one to three years in prison and ordered him to make $82,353 in restitution. Mason was convicted of grand larceny last …
https://www.osc.ny.gov/press/releases/2014/11/dinapoli-former-crystal-beach-fire-department-treasurer-sentenced-more-82000-theftDiNapoli: Former Odessa Clerk Allegedly Falsified Timesheets to Scam $11,000 in Extra Pay
… (A Misdemeanor) for padding her timesheets to boost her pay. The alleged thefts occurred from 2012 to 2019 and netted Pierce more than $11,000 in pay she was not entitled to. "For seven years, Ms. Pierce … timesheets to make it appear she worked more than 25 hours per week which was the minimum needed to accrue vacation …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-odessa-clerk-allegedly-falsified-timesheets-scam-11000-extra-payDiNapoli: Audit Finds State Falling Short in Helping People with Disabilities Find Work
… of Mental Health (OMH) failed to include key features in its web-based advisement system, according to an audit … employment and the benefits they’re entitled to.” In 2018, there were approximately 1 million working-age adults with disabilities in New York. The employment rate of working-age people with …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-audit-finds-state-falling-short-helping-people-disabilities-find-workDiNapoli: Medicaid Audits Find More Than $700 Million in Unnecessary Costs and Overpayments
… million in unnecessary, improper or questionable payments and made several recommendations for improving the program. … one CIN assigned during the time they are in receipt of benefits, only one CIN should have active eligibility at a … possible. Audits Department of Health audits Find out how your government money is spent at Open Book New York . Track …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-medicaid-audits-find-more-700-million-unnecessary-costs-and-overpaymentsNew York’s Balance of Payments in the Federal Budget: Federal Fiscal Year 2019
… Federal Fiscal Year 2019 Download PDF Report Download Excel File with … Message from the Comptroller November 2020 In the wake of the COVID-19 pandemic, New Yorkers have seen how the … the Tax Cuts and Jobs Act (TCJA) that was enacted at the end of 2017. Due to certain timing and economic factors, that …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-federal-fiscal-year-2019DiNapoli: Audits Find $70 Million in Dubious Claims, Persistent Medicaid Billing System Failures
… today released two audits revealing more than $70 million in questionable Medicaid claims and payments. DiNapoli’s … and recover any overpayments as soon as possible.” In the first audit , the Department of Health (DOH) made as much as $39.6 million in Medicaid overpayments through a reimbursement method …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-audits-find-70-million-dubious-claims-persistent-medicaid-billing-system-failuresDiNapoli Urges Changes to Protect Children Placed in Custody of Relatives or Guardians
… is not doing enough to ensure adequate protections are in place for children who are placed in the custody of relatives or another suitable person … oversight and uniform standards to ensure children in direct placement are not put into another bad situation …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-urges-changes-protect-children-placed-custody-relatives-or-guardiansDiNapoli Seeks Information on Safety Measures Taken by Businesses Involved in Shipping Oil
… in catastrophic losses from oil spills pose serious risks for the public, the environment, and the companies involved. … future mishaps which can lead to serious legal liabilities for the companies. As trustee of the state pension fund, I am … Lac-Megantic, Quebec, resulted in 47 deaths and liability for the accident caused the rail carrier involved to enter …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-seeks-information-safety-measures-taken-businesses-involved-shipping-oilNYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… Thomas P. DiNapoli today announced $800 million in recent investments through the New York State Common … latest $800 million comprises three separate investments. In January, the Fund committed $300 million to Avenue Capital … Fund, which will focus on small and mid-cap companies in sustainable sectors including renewable energy, recycling …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsDiNapoli: The Mayor's Proposed Budget Takes Large Steps In Addressing Outstanding Labor Contracts
… reserves and begin taking steps to narrow the budget gaps in the coming years.” The city's financial plan forecasts a surplus of $1.6 billion in FY 2014, which will be used to help balance the $73.9 … FY 2015 budget, and out-year budget gaps of $2.6 billion in FY 2016, $1.9 billion in FY 2017 and $3.1 billion in FY …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-mayors-proposed-budget-takes-large-steps-addressing-outstanding-labor-contractsDiNapoli: Local Sales Tax Collections Up 1.5% in April Compared to Last Year
… in New York state increased by 1.5% in April compared to the same month in 2023, according to data released today by State Comptroller Thomas P. … declines for the month. My office will continue to provide regular reporting to help local officials better …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-local-sales-tax-collections-15-april-compared-last-yearDiNapoli: State Tax Collections Slightly Stronger Than Expected in February but Remain Volatile
… Tax collections of $4.9 billion in February were $21.6 million above the … State Comptroller Thomas P. DiNapoli. Through 11 months of the fiscal year, tax collections were $636.6 million … receipts in February totaled $3.4 billion, an increase of 7.9 percent from February 2014. Other findings from the …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-state-tax-collections-slightly-stronger-expected-february-remain-volatileDiNapoli: Bradford Fire Company Treasurer Pleads Guilty to Stealing $8,500 in Public Funds
… treasurer Sherry Hamilton pleaded guilty to Grand Larceny in the Fourth Degree after an audit and investigation found she misappropriated approximately $8,500 in fire company funds, State Comptroller Thomas P. DiNapoli … company records to conceal her crimes. She was arrested in July 2016. "Sherry Hamilton abused her position of trust …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-bradford-fire-company-treasurer-pleads-guilty-stealing-8500-public-fundsComptroller DiNapoli Statement in Response to President Trump’s Withdrawal From the Paris Agreement
… and investors will continue to address climate change in innovative ways. As trustee of New York state’s $192 … continue to seek out sustainable investments and changes in corporate behavior that help the promise of the Paris … promote solutions to climate change, including his first in the U.S. Low Emission Index fund announced at the Paris …
https://www.osc.ny.gov/press/releases/2017/06/comptroller-dinapoli-statement-response-president-trumps-withdrawal-paris-agreementeBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… have had many successful engagements about this important issue, and will be approaching dozens of companies in the …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-members