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Opinion 92-30
… or statutory amendments that bear on the issues discussed in the opinion. CONFLICTS OF INTEREST -- Codes of Ethics … against county officials serving on boards of not-for-profit agencies) -- Exceptions (contracts with … or approve payment thereunder, (b) audit bills or claims under the contract, or (c) appoint an officer or employee who …
https://www.osc.ny.gov/legal-opinions/opinion-92-30Opinion 91-53
… fixed, however, may not exceed the amount set forth in the notice of hearing on the preliminary budget unless a local … of deputy supervisor is not required to be listed in the notice of hearing on the preliminary budget. (3) A town board … additional salary in excess of the amount set forth in the notice of hearing on the preliminary budget for the highway …
https://www.osc.ny.gov/legal-opinions/opinion-91-53DiNapoli Presses Companies on Political Disclosure
… of the Fund’s portfolio companies, including Duke Energy Corp. and Wynn Resorts Ltd. The remaining proposals request … from 43 percent of shareholders in 2018) CMS Energy Corp. (proposal received support from 45 percent of shareholders in 2018) Duke Energy Corp. Simon Property Group Inc. Royal Caribbean Cruises Ltd. …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-presses-companies-political-disclosureDiNapoli: New York City's Budget Benefits From Strong Economic Growth
… a record $51.7 billion, $3.1 billion more than the city’s forecast at the beginning of the year, contributing to a $3.6 … increase reserves and to help balance the FY 2016 budget. Over the years, the city’s conservative approach to … external events, such as recent developments in Greece and China, and changes in federal monetary policy, could impact …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-new-york-citys-budget-benefits-strong-economic-growthState Comptroller DiNapoli Statement on Enacted State Budget
… It is welcome news that the Governor and the Legislature have … as important criminal justice reforms and other programs to help New Yorkers. Still, the budget was late and provided … of the details. The budget does not include needed reforms to the state's procurement practices to better ensure …
https://www.osc.ny.gov/press/releases/2017/04/state-comptroller-dinapoli-statement-enacted-state-budgetTown of Hempstead Local Development Corporation – Audit Follow-Up (2021M-37-F)
The purpose of our review was to assess the Town of Hempstead Local Development Corporations THLDCs progress as of June 2025 in implementing our recommendation in the audit report Town of Hempstead Local Development Corporation Project Approval and Oversight 2021M37 released in September
https://www.osc.ny.gov/local-government/audits/local-development-corporation/2025/09/26/town-hempstead-local-development-corporation-audit-followEssex County Industrial Development Agency – Project Approval and Monitoring (2024M-146)
… facilities).In return for financial assistance, many project owner occupants, or project owners who receive IDA financial assistance, promise … ECIDA’s financial and operational affairs, including project approval and monitoring. A Board-appointed …
https://www.osc.ny.gov/local-government/audits/county/2025/08/15/essex-county-industrial-development-agency-project-approval-and-monitoring-2024mSouthwestern Central School District – Claims Audit (2025M-34)
… audit the claims against a school district before they are paid or appoint a claims auditor to assume the board’s … purpose, when an inadequate audit of claims is performed, there is an increased risk that improper or unsupported … corrective action. A written corrective action plan (CAP) that addresses the findings and recommendations in this …
https://www.osc.ny.gov/local-government/audits/school-district/2025/07/25/southwestern-central-school-district-claims-audit-2025m-34Opinion 91-31
… MUNICIPAL FUNDS - Town Charges (costs of rabies treatment for individual injured within the town) PUBLIC HEALTH LAW, … Public Health Law, §2144 to reimburse a private hospital for expenses incurred in the treatment of an individual who … by statute to pay bills submitted by a private hospital for treatment of an individual who had come into contact with …
https://www.osc.ny.gov/legal-opinions/opinion-91-31Rochester Prep Charter School 3 – IT Asset Management (2025M-36)
… track, inventory and safeguard information technology (IT) assets acquired or in use during the audit period? Audit … the Program Schools purchase a wide variety of IT equipment, such as interactive displays and desktop … assets can make up a significant portion of a school’s IT asset inventory, in both value and quantity. The cost of …
https://www.osc.ny.gov/local-government/audits/charter-school/2025/08/29/rochester-prep-charter-school-3-it-asset-management-2025m-36DiNapoli and Oneida DA McNamara Announce Arrests of Utica School Superintendent and Former Utica Mayor for Theft of Public Funds
… Utica Mayor and UCSD School Board President Louis LaPolla for allegedly using taxpayer funds to pay for political campaigns and a non-school related fundraiser. … and the State Police they will now be held accountable for their crimes.” District Attorney McNamara said: “I echo …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-and-oneida-da-mcnamara-announce-arrests-utica-school-superintendent-and-former-utica-mayorDiNapoli: Brooklyn is King of NYC Economic Growth
… Brooklyn’s economy is expanding, adding jobs and businesses at a faster pace … Comptroller Thomas P. DiNapoli. "Business in Brooklyn is booming and people want to live there because of the … the high cost of housing, the borough’s overall economy is flourishing and is poised to keep growing." "There is no …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-brooklyn-king-nyc-economic-growthDiNapoli Releases Year-End and April Cash Reports
… Tax collections in April were more than $1 billion, or 17 … sharper than expected, was primarily in Personal Income Tax (PIT) collections, where a number of states experienced … unexpected declines in April as most taxpayers settled tax liabilities for 2013. "The state ended the last fiscal …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-releases-year-end-and-april-cash-reportsDiNapoli Says Wall Street May Still Have a Good Year Given Strong Start
… contributor to the state and city budgets.” Despite new regulations and the high cost of legal settlements related to … pace to add another 4,500 jobs in 2015 before the recent market downturn. Despite these gains, the securities industry …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-says-wall-street-may-still-have-good-year-given-strong-startNYS Common Retirement Fund Announces Second Quarter Results
… quarter of state fiscal year 2016-2017 was 3.51 percent for the three-month period ending Sept. 30, 2016, with an … sustainable returns that provide retirement security for our 1.1 million members, retirees and their … quarter of state fiscal year 20162017 was 351 percent for the threemonth period ending Sept 30 2016 with an …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsXV.13 Federal Funds – Payments – XV. End of Year
… reimbursed for payments made from federal funds by the end of the fiscal year, vouchers and journal transfers including … payments must be paid by the date identified in the Office of Operations Events and Deadlines Calendar . Submission of a transaction after the dates specified may not provide …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv13-federal-funds-paymentsDiNapoli: Chatham Police Chief Sentenced for Pension Double-Dipping
… State and Local Retirement System out of $74,222. Volkmann hid public-source income from 19 municipalities and school …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-chatham-police-chief-sentenced-pension-double-dippingDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… is strong and shows no signs of slowing. Still, Mayor de Blasio and the city’s budget team deserve credit for … ten-year capital strategy totals $83.8 billion through 2025, which is $30 billion (56 percent) larger than the prior strategy …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State … New York State Comptroller Thomas P. DiNapoli. “One of the strongest rebounds in modern history lifted the Fund’s value well above what it was at the close of the state …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… was 4.12 percent for the three-month period ending Dec. 31, 2017, with an estimated value of $209.1 billion, … end of the state fiscal year was $192.4 billion. As of Dec. 31, 2017, the Fund had 40 percent of its assets invested … 20172018 was 412 percent for the threemonth period ending Dec 31 2017 with an estimated value of $2091 billion …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-results