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Strengthening New York’s Infrastructure: Spending Trends and Planning Challenges, August 2019
This report outlines trends in State capital spending and the allocation of dollars among various purposes and financing sources.
https://www.osc.ny.gov/files/reports/special-topics/pdf/capital-report-2019.pdfState Comptroller DiNapoli Releases School Audits
… P. DiNapoli today announced his office completed audits of the Alden Central School District , East Aurora Union Free … 2012-13 through 2015-16 fiscal years. Appropriated fund balance was never used because the district's budgeting … contracts, visit www.openbooknewyork.com . The easy-to-use website was created by Comptroller DiNapoli to promote …
https://www.osc.ny.gov/press/releases/2017/03/state-comptroller-dinapoli-releases-school-auditsDiNapoli: State Medicaid Program Made More Than $100 Million in Duplicate Payments
… state paid more than $100 million in duplicate payments to managed care organizations (MCOs) for premiums over a more … Affordable Care Act of 2010, the state developed NYSOH, an online marketplace where individuals may obtain health … Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-state-medicaid-program-made-more-100-million-duplicate-paymentsTown of Barton – Financial Planning (2015M-52)
… Purpose of Audit The purpose of our audit was to assess the Board’s financial planning practices for the period January 1, 2013 … Board also did not establish a level of acceptable fund balance or properly use money in the town-wide highway …
https://www.osc.ny.gov/local-government/audits/town/2017/11/02/town-barton-financial-planning-2015m-52IX.7.C Fringe Benefits and Indirect Costs – IX. Federal Grants
… fringe benefit and indirect costs are permissible charges to federal grants. At the beginning of each fiscal year, the … which, once approved at the agency level, will be routed to DOB for further review and final approval. An automated … no longer use quarterly agency billings and AP vouchers to record FBIC transactions. Instead, the new process …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7c-fringe-benefits-and-indirect-costsXVI.4.D Receivables Other Than Income Taxes and Federal Grants – XVI. Financial Reporting
… receivable are recorded based on revenue the State expects to collect as a result of revenue lease contracts the State … leases is included in Section 4.O – Intangible Right-to-use Assets of this Chapter. Due from Federal government - Generally, Federal funds due to the State represent amounts due to the State for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4d-receivables-other-income-taxes-and-federal-grantsState Comptroller DiNapoli Releases Audits
… Department of Small Business Services – Selected Programs to Assist Businesses in New York City (2022-N-1) The New … Preparedness and Resiliency Program, and a program to assist small businesses by providing the services of … Small Business Advocates, each offer a different service to provide small businesses with support across the business …
https://www.osc.ny.gov/press/releases/2024/04/state-comptroller-dinapoli-releases-auditsLingering Challenges in the Child Care Sector
New York’s child care sector continues to face lingering challenges post-pandemic including child care deserts, low wages for child care workers and high prices that are putting a financial strain on families statewide.
https://www.osc.ny.gov/files/reports/pdf/child-care-challenges.pdfDiNapoli Statement on Lunar New Year
… "Happy Lunar New Year to all New Yorkers. My best wishes for an auspicious Year of the Goat that brings peace, prosperity and good …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-statement-lunar-new-yearNew York City Construction Industry Booming
… The construction industry in New York state has set employment records for four consecutive years …
https://www.osc.ny.gov/press/releases/2019/05/new-york-city-construction-industry-boomingV.2 Governance – V. Chart of Accounts (COA) Governance
… Workgroup Approvals Needed New Values Changes Account Yes Yes Request must be from OSC Business Unit Yes …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v2-governanceDiNapoli: Woman Pleads Guilty to Theft and Must Pay Back $459K in NYS Pension and Social Security Payments
… Sandra Smith, a resident of Georgia, has pleaded guilty to the federal crime of theft of government funds and must … pension and Social Security payments that were issued to her deceased mother-in-law. “Exploiting the death of a … Fraud Hotline at 1-888-672-4555, by filing a complaint online at https://www.osc.state.ny.us/investigations , or by …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-woman-pleads-guilty-theft-and-must-pay-back-459k-nys-pension-and-social-security-paymentsTown of Candor – Fund Balances (2014M-157)
… Purpose of Audit The purpose of our audit was to examine the Town’s financial activities for the period … long-term financial and capital/infrastructure plans to set forth the Town’s objectives and goals. From fiscal … The Board has not established any policies or procedures to govern the level of fund balance to maintain for each …
https://www.osc.ny.gov/local-government/audits/town/2014/08/01/town-candor-fund-balances-2014m-157DiNapoli: Wall St. First Half Profits Total $13 Billion, Down From 2022
… profits of the broker/dealer operations of New York Stock Exchange (NYSE) member firms. There are now 132 member firms, …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-wall-st-first-half-profits-total-13-billion-down-2022Oversight of the Nourish New York Program
… (DOH) are ensuring the Nourish New York Program (Nourish NY) provides adequate access to the program for farmers and … surplus agricultural products. This audit covered Nourish NY spending from May 2020 through March 2022, and considered …
https://www.osc.ny.gov/state-agencies/audits/2023/09/21/oversight-nourish-new-york-programDiNapoli: Pension Contribution Rates for Employers Will Decrease for State Fiscal Year 2018-19
… the New York State and Local Retirement System (NYSLRS) in State Fiscal Year 2018-19 will decrease from State Fiscal … State’s pension fund one of the strongest and best funded in the country and allows our public workforce to retire with … the Retirement System’s Actuary and approved by DiNapoli. A copy of the Actuary’s report can be found here . In 2015, …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-pension-contribution-rates-employers-will-decrease-state-fiscal-year-2018-19DiNapoli: Local Sales Tax Collections Grew by Nearly 17% in May
… of Taxation and Finance. In the third month of each calendar year quarter, these distributions are adjusted …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-local-sales-tax-collections-grew-nearly-17-mayComptroller DiNapoli Releases Municipal Audits
… office completed audits of the Town of Hempstead Sanitary District No. 1 , Niagara Falls Water Board and the City of … fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … bank accounts and prepares the budget and maintains accounting records for both entities. The authority’s debt …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-municipal-audits-0State Agencies Bulletin No. 824
… equal to or greater than the Job Rate of the employee’s current grade; and Did not receive an "Unsatisfactory" … and send an email to [email protected].ny.us including the Department ID in the Subject line to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/824-april-2008-public-employees-federation-pef-longevity-lump-sum-llsDiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… “moderate fiscal stress” and four villages as “susceptible to fiscal stress.” The village of Coxsackie (Greene County) … stress.” The four villages classified as “susceptible to fiscal stress” are: Chateaugay (Franklin County), … “Federal pandemic relief packages provided significant aid to local governments over the past three years, helping to …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-cities