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DiNapoli: NYC Remains on Solid Ground but Budget Risks Need to be Managed
… the 2019 budget, according to a report issued today by State Comptroller Thomas P. DiNapoli. "New York City’s finances look to be on solid ground, with a …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-nyc-remains-solid-ground-budget-risks-need-be-managedState Audit Recommends Improvements to NYC's Oversight of Agencies Placing Foster Children
… those children, according to an audit released today by State Comptroller Thomas P. DiNapoli. "Children in foster care must be closely looked after by city … state's 140,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2018/03/state-audit-recommends-improvements-nycs-oversight-agencies-placing-foster-childrenState Comptroller DiNapoli Releases Audits
… state's 140,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2018/03/state-comptroller-dinapoli-releases-auditsOpinion 93-10
… on the issues discussed in the opinion. COUNTIES -- Powers and Duties (designating holidays for closing of county … must keep its offices open on the day after Thanksgiving and may not adopt a local law authorizing the closing of … instance, to be made at local level, subject to terms and conditions of any collective bargaining agreement, it …
https://www.osc.ny.gov/legal-opinions/opinion-93-10Opinion 91-30
… may make purchases directly from a State contract vendor pursuant to any State commodities purchase contract … that the municipality purchasing from the State contract vendor "shall accept sole responsibility for any payment due the vendor" and that "[a]ll purchases shall be subject to audit …
https://www.osc.ny.gov/legal-opinions/opinion-91-30DiNapoli Expands State Pension Fund's In-State Investment Program
… are in line with our priority of generating returns for the pension fund, while helping to boost our state’s … with revenue between $5 million and $50 million. Capital for the program is leveraged by the U.S. Small Business … across the country offering multiple sources of capital for in-state companies, which include credit (SBIC), equity …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-expands-state-pension-funds-state-investment-programState Comptroller DiNapoli Releases School Audits
… district and charter school finances and operations, my office continues to provide taxpayers the assurance that … appropriations of fund balance and reserves while limiting tax increases, resulting in a deficit unrestricted fund …
https://www.osc.ny.gov/press/releases/2014/11/state-comptroller-dinapoli-releases-school-auditsDiNapoli: 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: Brooklyn Leads NYC’s Economic Recovery
… Brooklyn’s economy is showing signs of recovery that outpace the rest of New York City and point to a strong rebound for the city’s most populous borough, according to an analysis …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-brooklyn-leads-nycs-economic-recoveryXVI.3.J Implementation of Accounting Standards – XVI. Financial Reporting
… accounting and financial reporting principles. From time to time, GASB will issue statements that prescribe accounting … The procedures listed below have been developed in order to ensure a smooth transition when implementing a new … reporting standard is issued by GASB, it must be critiqued to identify the accounting issues involved as well as what …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3j-implementation-accounting-standardsDiNapoli: NYC Needs to Develop Comprehensive Plan to Manage Pandemic-Battered Finances
… COVID-19 pandemic has created a significant revenue loss for the city while driving up costs to deal with its … if and when deficit financing is truly needed. Washington, for its part, can, and must, help the city weather this … potential revenue shortfalls and should be a prerequisite for considering deficit financing as a revenue source, …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-nyc-needs-develop-comprehensive-plan-manage-pandemic-battered-financesState Agencies Bulletin No. 2246.1
… Payroll Register and Employee’s Paycheck/Advice section to include information about payments made in a separate … Bulletin No. 2246 Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the … mailing will be asked to fill out the request and return it to OSC for inclusion on the Special Wage Payment Report to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/22461-new-york-state-correctional-officers-and-police-benevolent-associationState Agencies Bulletin No. 2246
… of the NYSCOPBA Non-Pensionable Lump Sum Payment and to provide processing instructions for entering the … Employees in the Security Services Unit (SSU) – BU01 and BU21 who meet the eligibility criteria are affected. … payment. The one-time lump sum payment is not pensionable and not subject to across-the-board increases but must be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2246-new-york-state-correctional-officers-and-police-benevolent-associationDiNapoli Report Examines State School Aid Trends
… of a ruling by the State Court of Appeals in the Campaign for Fiscal Equity lawsuit. After the ruling, the state … funding formula phased in over four years, adjusting aid for differences in both capacity of districts to raise local … million and $428 million per school year. Current funding for Foundation Aid is $15.9 billion, compared to the original …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-report-examines-state-school-aid-trendsDiNapoli Releases Report on 30-Day State Budget Amendments
… Amendments to the proposed state budget appropriately lower tax … from financial settlements, and attach major policy issues to time-limited appropriations, according to an analysis released today by New York State Comptroller …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-releases-report-30-day-state-budget-amendmentsDiNapoli: Former Rosendale Court Clerk to Repay Stolen Funds
… by New York State Comptroller Thomas P. DiNapoli, the former clerk of the town of Rosendale justice court will … She was also fired from her position as clerk. “My office continues to work closely with law enforcement to ensure local officials who abuse their …
https://www.osc.ny.gov/press/releases/0215/03/dinapoli-former-rosendale-court-clerk-repay-stolen-fundsDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… more.” The Medicaid Drug Rebate Program (MDRP) was created in 1990 to lower government expenses. DOH is supposed to … making them ineligible for rebates. For example, on one claim where Medicaid actually paid $25,553, DOH could have … of $16,149 but instead the claim was incorrectly excluded from invoices sent to the drug manufacturer. Rebates are …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesComptroller DiNapoli Releases School Audits
… BOCES and charter school finances and operations to ensure money is being spent appropriately and effectively. The …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-audits-1DiNapoli Releases Report on Local Roads
… property values are generally higher, spending compared to full property value is lower, while upstate is higher. On … Island, local road spending was $0.75 per $1,000 of the full value of property in 2020, while the Southern Tier …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-releases-report-local-roadsOlean Firefighter Charged With Stealing Over $116,000 From City's Fire Department
… card, most of which funded his private HVAC business, Amazon purchases and payments to Verizon Wireless. He also … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State … of Investigations, 8th Floor, 110 State St., Albany, NY 12236. … New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2022/01/olean-firefighter-charged-stealing-over-116000-citys-fire-department