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Controls Over Cash Advance Accounts

… of Motor Vehicles has adequate controls over the cash advance accounts it oversees to ensure the money is … However, we also found that each of the Department’s three cash advance accounts is overfunded in comparison to its … Office of Child and Family Services: Controls Over Cash Advance Accounts (2013-S-52) Workers' Compensation …

https://www.osc.ny.gov/state-agencies/audits/2015/04/06/controls-over-cash-advance-accounts

City of Hornell – Business Improvement District (2018M-38)

… report - pdf ] Audit Objective Determine whether the City of Hornell (City) Common Council (Council) provided sufficient oversight … of the BID and the Plan lacked sufficient detail to allow City officials to adequately monitor the use of BID funds. As … Determine whether the City of Hornell City Common Council Council provided …

https://www.osc.ny.gov/local-government/audits/city/2022/04/08/city-hornell-business-improvement-district-2018m-38

Village of Washingtonville – Financial Condition (2013M-346)

… in operating deficits in the Village’s three operating funds (general, water and sewer). During the period covered … to be overexpended causing deficits in these funds. The Board allowed appropriations to be overexpended … trends, and plans for the future use of reserve funds. Frequently monitor and update the plans to ensure that …

https://www.osc.ny.gov/local-government/audits/village/2014/04/04/village-washingtonville-financial-condition-2013m-346

Cassadaga Valley Central School District – Financial Condition (2013M-249)

… condition and the use of fund balance and reserve funds for the period July 1, 2008 through August 5, 2013. … a plan for the use of the surplus balances in the reserve funds identified in this report in a manner that benefits … policies related to the establishment and use of reserve funds. Review all reserves and determine if the amounts …

https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/cassadaga-valley-central-school-district-financial-condition-2013m-249

Town of Galen – Financial Management (2014M-341)

… June 12, 2014. Background The Town of Galen is located in Wayne County and has a population of approximately 4,300. … of an independent public accountant or auditor to do so. In consultation with the Town’s attorney as appropriate, … and manage the ambulance service as a Town department in accordance with law. …

https://www.osc.ny.gov/local-government/audits/town/2015/06/05/town-galen-financial-management-2014m-341

DiNapoli Releases Municipal Audits

… New York State Comptroller Thomas P. DiNapoli today announced …

https://www.osc.ny.gov/press/releases/2014/02/dinapoli-releases-municipal-audits-0

DiNapoli: State Pension Fund Adds Another $20 Million to Investing in New York Program

… Common Retirement Fund (Fund) has committed $20 million to the Tribeca Venture Partners Growth Fund to invest in local companies, New York State Comptroller Thomas P. … State Common Retirement Fund has committed $20 million to the Tribeca Venture Partners Growth Fund to invest in …

https://www.osc.ny.gov/press/releases/2018/04/dinapoli-state-pension-fund-adds-another-20-million-investing-new-york-program

NYS Common Retirement Fund Reports First Quarter Results

… 2017 data, with New York ranked fourth behind Wisconsin, South Dakota and Tennessee. DiNapoli initiated quarterly investment …

https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-results

DiNapoli: State Tax Receipts Outpaced Projections Through December

… totaled $79.9 billion through the first three quarters of State Fiscal Year (SFY) 2024-25, $1.2 billion higher than estimates released in the Division of the Budget’s (DOB) Mid-Year Update to the Enacted Budget … are cause for concern. In addition, the direction of federal tax policy under the new administration could …

https://www.osc.ny.gov/press/releases/2025/01/dinapoli-state-tax-receipts-outpaced-projections-through-december

DiNapoli: Five Fortune 500 Companies Reach Agreements on Corporate Political Spending

… Waste Management 2015 Dean Foods Eastman Chemical H&R Block Marathon Oil U.S. Steel Valero Energy 2014 Comcast …

https://www.osc.ny.gov/press/releases/2016/03/dinapoli-five-fortune-500-companies-reach-agreements-corporate-political-spending

State Comptroller DiNapoli Releases State Audits

… were submitted late (one by more than five months), and six of the agencies did not explain why significant amounts …

https://www.osc.ny.gov/press/releases/2016/05/state-comptroller-dinapoli-releases-state-audits

DiNapoli Releases May State Cash Report

… according to the monthly state cash report issued today by State Comptroller Thomas P. DiNapoli. Total … after March and September, when school aid funded with Lottery revenues are paid. The state spent $22.8 billion …

https://www.osc.ny.gov/press/releases/2016/06/dinapoli-releases-may-state-cash-report

DiNapoli Announces Change in Leadership of State Pension Fund's Real Estate Advisory Committee

… Thomas P. DiNapoli today announced that after 16 years of distinguished service, David Peirez is stepping down as Chairman of the Real Estate Advisory Committee (REAC) for the New York … Retirement Fund. DiNapoli also announced the appointment of Louis Dubin, a member of REAC since 2003, as the …

https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-change-leadership-state-pension-funds-real-estate-advisory-committee

DiNapoli: Village of Waverly Recreation Director Pleads Guilty to Altering and Destroying Village Records

… that David Shaw, the former parks and recreation director of the Village of Waverly pleaded guilty to official misconduct for destroying and altering Village of Waverly Recreation League records. Shaw was sentenced to … that David Shaw the former parks and recreation director of the Village of Waverly pleaded guilty …

https://www.osc.ny.gov/press/releases/2022/12/dinapoli-village-waverly-recreation-director-pleads-guilty-altering-and-destroying-village-records

Controls Over Federally Funded Programs and Maximization of Federal Funding

… network of local organizations that provide weatherization services, including air sealing to prevent air infiltration and reduce drafts, insulation to reduce heat loss, and modifications to heating … Energy (DOE) and the U.S. Department of Health and Human Services (HHS) and must expend and account for WAP awards in …

https://www.osc.ny.gov/state-agencies/audits/2021/08/18/controls-over-federally-funded-programs-and-maximization-federal-funding

DiNapoli Appoints Navyug Patel Deputy Chief Investment Officer of the New York State Common Retirement Fund

… Thomas P. DiNapoli today announced his appointment of Navyug “Nav” Patel as deputy chief investment officer of the New York State Common Retirement Fund. Patel has … deputy CIO since July 2018. “Nav Patel brought a wealth of investment skills to the New York State Common Retirement …

https://www.osc.ny.gov/press/releases/2020/08/dinapoli-appoints-navyug-patel-deputy-chief-investment-officer-new-york-state-common-retirement-fund

DiNapoli: State Faces $34.3 Billion Cumulative Budget Gap Through State Fiscal Year 2029

… to $95.1 billion. As a result, the state is projected to near its debt limit, with room under the state’s debt cap …

https://www.osc.ny.gov/press/releases/2025/08/dinapoli-state-faces-343-billion-cumulative-budget-gap-through-state-fiscal-year-2029

State Fiscal Year 2022-23 Enacted Budget Analysis

… $220,472 5.3% $47,492 27.5% Note: SFY 2022-23 estimates are DOB projections included in the FY 2023 Executive Budget … the State’s statutory debt caps. Since the Debt Reform Act only counts “bonds or notes,” this utilizes a loophole to … State revenues. Policymakers should seek to utilize pay-as-you-go financing, rather than debt, to the greatest extent …

https://www.osc.ny.gov/reports/state-fiscal-year-2022-23-enacted-budget-analysis