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DiNapoli Presses Companies on Political Disclosure
… New York State Comptroller Thomas P. DiNapoli, Trustee of the New York State Common Retirement Fund (Fund), today … proposals seeking the same disclosure from eight more of the Fund’s portfolio companies, including Duke Energy … political spending and are expected to be the subject of shareholder votes at the companies’ annual meetings this …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-presses-companies-political-disclosureDiNapoli: Audit Reveals Theft of Cash, Questionable Spending by Minetto Volunteer Fire Dept. Chief
… with the fire company’s money,” said DiNapoli. “Residents trust public officials to safeguard their tax dollars and …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-audit-reveals-theft-cash-questionable-spending-minetto-volunteer-fire-dept-chiefDiNapoli: Emergency Rental Assistance Program Rebounds After Slow Start
… faltered at the start, with New York being the last state in the country to distribute funds. Improvements, including … and application problems hampering it, but renters living in public housing have not yet received funds from it and … most of the funding (81.2%), followed by residents in Suffolk County (2.9%), Westchester County (2.7%) and Erie …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-emergency-rental-assistance-program-rebounds-after-slow-startDiNapoli: Georgia Woman Allegedly Stole Over $450K in NYS Pension and Social Security Payments
… been brought to justice and we will seek full restitution. I thank U.S. Attorney Buchanan and the Social Security … defraud the Social Security Administration,” Ennis said. “I thank the New York Office of the State Comptroller for … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-georgia-woman-allegedly-stole-over-450k-nys-pension-and-social-security-paymentsDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… The New York State Common Retirement Fund (Fund) will … that have not demonstrated that they are prepared for the transition to a low-carbon economy, New York State … . “As nations around the world become increasingly serious about addressing the threat of climate change and as market …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesDiNapoli: Governor Cuomo's Proposed Budget Continues Fiscal Progress
… budget relies on approximately $4.6 billion in temporary funds, not including an additional $2.7 billion in temporary … state fiscal year 2015-16 if spending from State Operating Funds is held to 2 percent growth. However, meeting the … that account for more than half of State Operating Funds spending may be difficult to adjust and are projected …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-governor-cuomos-proposed-budget-continues-fiscal-progressFar Rockaway Pre-School Provider "Investor" Pleads Guilty in Theft of Education Funds Intended for Special Needs Students
… Thomas P. DiNapoli and Queens District Attorney Richard A. Brown today announced that a self-described investor in … Thomas P. DiNapoli said. "I thank District Attorney Brown for this fourth and final guilty plea in the $12.4 … and his three co-defendants," said District Attorney Brown. "The public funds provided to Island Child Development …
https://www.osc.ny.gov/press/releases/2017/04/far-rockaway-pre-school-provider-investor-pleads-guilty-theft-education-funds-intended-special-needsXI.2.H Multiyear Contracts – XI. Procurement and Contract Management
… or true-up of the contract maximum value to reflect actual expenditures. For example, a contract for a five year …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2h-multiyear-contractsNY's Balance of Payments With Washington Remains Positive for Now, but Federal Actions Could Drastically Change State's Financial Picture
… fiscal year (FFY) 2023 on a per capita basis, according to a report issued today by State Comptroller Thomas P. … payments, after a long history of sending more tax dollars to Washington than it receives back. For every tax dollar paid to Washington in FFY 2023, the state received $1.06 in …
https://www.osc.ny.gov/press/releases/2025/04/nys-balance-payments-washington-remains-positive-now-federal-actions-could-drastically-change-statesBemus Point Central School District - Financial Management (2019M-216)
… complete report - pdf] Audit Objective Determine whether the Board and District officials properly managed fund balance and reserves. Key Findings The Board overestimated appropriations by a total of $3.1 … of fund balance that was not used to finance operations. The District improperly restricted more than $260,000 in its …
https://www.osc.ny.gov/local-government/audits/school-district/2020/02/14/bemus-point-central-school-district-financial-management-2019m-216Village of Deposit – Claims Auditing (2023M-173)
… [read complete report – pdf] Audit Objective Determine whether the … Board of Trustees (Board) required adequate support for credit card claims. Key Findings Of the 93 credit card … without having support to show funds were being expended for legitimate Village purposes and increased the risk for …
https://www.osc.ny.gov/local-government/audits/village/2024/02/09/village-deposit-claims-auditing-2023m-173Lake Placid Central School District – Investment Program (2023M-94)
… the District might have earned approximately $267,000 more in investment earnings than the $189,305 earned during our …
https://www.osc.ny.gov/local-government/audits/school-district/2023/10/20/lake-placid-central-school-district-investment-program-2023m-94Dryden Central School District - Cash Management (2020M-61)
… program. Officials did not seek competitive interest rates. Officials earned interest totaling $246,431 during the …
https://www.osc.ny.gov/local-government/audits/school-district/2020/08/28/dryden-central-school-district-cash-management-2020m-61DiNapoli Issues Preliminary Analysis of 2021-22 Executive Budget
… would compound the challenges facing local governments, not-for-profit service providers and others. In several other … that drove the need for short-term borrowing in 2020 have not disappeared, the level of concern has diminished due to … received from short-term borrowing in SFY 2020-21 that is not expected in the coming fiscal year. State Operating Funds …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-issues-preliminary-analysis-2021-22-executive-budgetReporting of Community-Based Services Under the Transformation Reinvestment Plan (2021-S-15) 180-Day Response
To determine whether the Office of Mental Health provides adequate reporting of community-based service reinvestment funds under the Transformation Reinvestment Plan.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-21s15-response.pdfCherry Valley Fire District - Board Oversight (2019M-141)
Determine whether the Board properly established reserve funds, equitably billed for fire protection services, ensured the Treasurer prepared and filed records
https://www.osc.ny.gov/files/local-government/audits/pdf/cherry-valley-2019-141_0.pdfAccounting for Retained Percentages (Retainage)
This bulletin provides updated guidance related to accounting for retained percentages for governmental and proprietary funds in fund level financial records.
https://www.osc.ny.gov/files/local-government/publications/pdf/accounting-for-retained-percentages.pdfFund Balance Reporting and Governmental Fund Type Definitions
explain the new GAAP reporting requirements for fund balance and special revenue funds, and the effects on AUD school districts ST-3
https://www.osc.ny.gov/files/local-government/publications/pdf/gasb54.pdfReporting of Community-Based Services Under the Transformation Reinvestment Plan (2021-S-15)
To determine whether the Office of Mental Health provides adequate reporting of community-based service reinvestment funds under the Transformation Reinvestment Plan.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-21s15.pdfReview of the Financial Plan of the City of New York - May 2019
The FY 2020 budget totals $92.5 billion, including $68.2 billion that will be funded with locally generated revenues (i.e., City funds).
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2020.pdf