Search
Comptroller DiNapoli Releases Municipal Audits
… activities and there are no policies and procedures in place to ensure fundraising money is safeguarded. There … and complete inventories of vehicles and equipment. In addition, the city has approximately $1.8 million in capital needs that will impact its financial condition. …
https://www.osc.ny.gov/press/releases/2019/08/comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Middletown Chiropractor Sentenced to Nine Years for Insurance Fraud
… was sentenced in federal court for running a large-scale health care insurance fraud scheme. Spina and three … health insurance fraud which systematically defrauded the state, federal and private insurers of millions of … all New Yorkers and contributes to higher health care costs across the state and country. Thanks to my partnership …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-middletown-chiropractor-sentenced-nine-years-insurance-fraudOversight of Building Construction Site Safety (Follow-Up)
… Objective To assess the extent of implementation of the six recommendations included in our initial audit report, Oversight of Building … and perform inspections to enforce compliance. DOB has the authority to issue Office of Administrative Trials …
https://www.osc.ny.gov/state-agencies/audits/2024/01/10/oversight-building-construction-site-safety-followDiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… 31, 2025. The Fund closed the year with an estimated value of $272.8 billion. “Market volatility has been pronounced in … of 10.6% and a 10-year rate of 7.74% Employer contribution rates are determined by investment results over a multi-year … along with numerous other actuarial assumptions, including wage growth, inflation, age of retirement, and mortality. …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25Beaver Dams Volunteer Fire Company, Inc. - Financial Activities (2018M-17)
… Key Findings The Board has not provided adequate oversight of financial activity. Treasurers did not maintain complete, …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2018/06/15/beaver-dams-volunteer-fire-company-inc-financial-activitiesCollection of Fines Related to Tenant Complaints (Follow-Up)
… of implementation of the six recommendations included in our initial audit report, Collection of Fines Related to … development of affordable low- and moderate-income housing in the State. Within DHCR, the Office of Rent Administration … and non-compliance complaints, which are handled by ORA’s Enforcement Unit, defined as follows: Harassment is …
https://www.osc.ny.gov/state-agencies/audits/2023/08/10/collection-fines-related-tenant-complaints-followDiNapoli: Canal Corp. Must Address Gaps
… along the system’s 524 miles of waterways, according to an audit released today by State Comptroller Thomas P. DiNapoli. “There are significant canal structures that have not been inspected in many years – and some not at all, … and maintenance repair needs, in many cases, these tools do not use data that is accurate or current and are …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-canal-corp-must-address-gapsNew York State Pension Fund Sets 2040 Net Zero Carbon Emissions Target
… leadership position, one that sets a high bar in a vital year for climate action. The New York State Common Retirement … and best funded plans in the nation. The Fund's fiscal year ends March 31. Find out how your government money is …
https://www.osc.ny.gov/press/releases/2020/12/new-york-state-pension-fund-sets-2040-net-zero-carbon-emissions-targetNYS Common Retirement Fund Reports Estimated First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … holdings have helped make it one of the best-funded public pension funds in the nation and it remains well-positioned to weather …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsPark Accessibility for People With Disabilities
… City) Department of Parks & Recreation (Parks or agency), a mayoral agency, is the chief steward of City parkland. … parks, public spaces, and recreational amenities; build a park system for present and future generations; and care … for their completion. As reported in a December 2005 audit by our office, Compliance With ADA Requirements (2004-N-6), …
https://www.osc.ny.gov/state-agencies/audits/2023/03/22/park-accessibility-people-disabilitiesMontezuma Fire District No. 1 - Board Oversight (2018M-54)
… Determine whether the Board provided adequate oversight of District operations to ensure financial activity was … books and records to ensure the timely submission of required reports. Conducted an annual audit of the Treasurer’s books and records, as required by law. Key …
https://www.osc.ny.gov/local-government/audits/fire-district/2018/08/10/montezuma-fire-district-no-1-board-oversight-2018m-54Town of Dayton - Fund Balance Management (2019M-221)
… Key Recommendations Evaluate the financial activity in the TW general fund and TW highway fund and establish a … action. Appendix B includes our comment on an issue raised in the Town’s response. … Determine whether the Board has …
https://www.osc.ny.gov/local-government/audits/town/2020/01/31/town-dayton-fund-balance-management-2019m-221Oversight of Sidewalk Sheds (Follow-Up)
… Objective To determine the extent of implementation of the 15 … of the NYC Administrative and Building Codes, the Rules of the City of New York, and NYC Local Laws in order to … identified in the initial audit. Of the initial report’s 15 recommendations, four were implemented, two were …
https://www.osc.ny.gov/state-agencies/audits/2023/07/06/oversight-sidewalk-sheds-followDiNapoli Announces Change in Leadership of State Pension Fund's Real Estate Advisory Committee
… of the New York and Florida bars, the U.S. Supreme Court bar, the U.S. Court of Claims, and numerous federal district … He is a member of the Maryland and Washington D.C. bar associations and the bar of the U.S. Supreme Court. … State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-change-leadership-state-pension-funds-real-estate-advisory-committeeDiNapoli Announces Latest Fiscal Stress Scores
… be difficult to overcome challenges that have been years in the making. Local officials should be carefully examining … municipalities with fiscal years ending on Dec. 31, 2015. In New York, all counties and towns, 44 cities and 10 … Tuxedo and Parish. Fourteen communities have been listed in the second highest category of “moderate fiscal stress.” …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-announces-latest-fiscal-stress-scoresOversight of Campus Foundations
… activities in accordance with applicable laws, rules, and regulations. The audit covers the period July 1, 2013 … efforts, real property management, or other activities and functions that are not specifically vested with the campus. Generally, foundations receive and manage donations and make these resources available to …
https://www.osc.ny.gov/state-agencies/audits/2018/02/26/oversight-campus-foundationsState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … The board and town officials did not always comply with state law or the town’s procurement policy. If they had, they … cash balances from prior years. As a result, the general fund balance was overstated by $81,929. In addition, annual …
https://www.osc.ny.gov/press/releases/2024/06/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Audits
… Activities and Handling of Revenues (Follow-Up) (2023-F-16) The Patient Safety Center (PSC) was established within …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-dinapoli-releases-auditsDiNapoli: Nearly 14% of New Yorkers Live in Poverty; Surpasses National Average for Eight Straight Years
… New Yorkers, or 13.9% of the state’s population, lived in poverty in 2021, compared to 12.8% of all Americans, … $115 billion in public resources from federal, state, and local governments are used each year to assist low-income families. The federal government funds the bulk of …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nearly-14-percent-of-new-yorkers-live-poverty-surpasses-national-average-eight-straight-yearsXI.11.F Contract Monitoring – XI. Procurement and Contract Management
… terms should be clear and unambiguous. Vague language can: (i) contribute to errors in interpretation by the contractor … available, State or Federal agency audit findings for: (i) the contractor or (ii) the goods or services under …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11f-contract-monitoring