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DiNapoli: Mid-Hudson Region Shows Economic Strength Following Recession
… New York State Comptroller DiNapoli today released an … counties immediately north of New York City (Westchester, Rockland, Putnam, Orange, Dutchess, Ulster and Sullivan) make … region home in 2015, concentrated in Westchester County (976,000 - 42 percent), with just under 75,000 living …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-mid-hudson-region-shows-economic-strength-following-recessionDiNapoli Releases Analysis of Revised Executive Budget
… to a projected $24 million in SFY 2022-23; Projected school aid would total $27.7 billion, an increase of $956 … in State Operating Funds. The Financial Plan projects that school aid funded from commercial gaming revenues will grow … state's 150,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-releases-analysis-revised-executive-budgetImplications for the Future – 2023 Financial Condition Report
… The Economic Outlook: Uncertainty Remains Looking ahead, … recovery relative to the nation will heighten those risks. For example, nearly three years after the end of … been made by increasing statutory rainy day reserves to a record level of $6.3 billion. When combined with other …
https://www.osc.ny.gov/reports/finance/2023-fcr/implications-futureNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… City's economy is on pace to add more than 72,000 jobs in 2018 and the unemployment rate has fallen to 4.2 percent, the lowest level in 42 years, but financial risks for the city persist, … The city's most recent four-year financial plan, released in June, projects a surplus of nearly $4.6 billion in FY …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownJune 2002: Advance Refunding Bonds
… What are a "current refunding" and an "advance refunding"? In a current refunding, the proceeds of the refunding bonds … are used currently (immediately) to redeem the old debt. In an advance refunding, the refunding bonds are issued "in advance" of the actual redemption and placed in an escrow …
https://www.osc.ny.gov/local-government/publications/june-2002-advance-refunding-bondsDiNapoli: External Risks Threaten NYC Budget
… the city's budget, according to a report released today by New York State Comptroller Thomas P. DiNapoli. "While the city … risks, it has record reserves to use if needed and Mayor de Blasio plans to expand the citywide savings program to …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-external-risks-threaten-nyc-budgetDiNapoli: Fiscal Stress May be Looming for Glens Falls
… Falls, Plattsburgh, Rochester, Rye, Salamanca, Syracuse, Utica, Watertown, White Plains and Yonkers. The Comptroller’s … of the Glens Falls fiscal profile, visit: www.osc.state.ny.us/localgov/pubs/fiscalprofiles/glensfalls.pdf For more … local government fiscal stress visit: http://www.osc.state.ny.us/localgov/fiscalmonitoring/index.htm … The city of Glens …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-fiscal-stress-may-be-looming-glens-fallsComptroller DiNapoli Releases School Audits
… or a comment on a specific audit, please contact Brian Butry at 518-474-4015 or email: [email protected] …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-audits-1Hazard Mitigation and Coordination
… damaging hurricanes ever to make landfall in the United States. The storm resulted in the deaths of 44 City residents … listed in the HMP: 412 (55%) mitigation actions did not have finish dates. 403 (53%) mitigation actions did not have …
https://www.osc.ny.gov/state-agencies/audits/2022/10/25/hazard-mitigation-and-coordinationState Comptroller DiNapoli Releases Municipal & School Audits
… $81,595 were not audited and approved before payment, and 111 disbursements totaling $19,650 were made by debit card, …
https://www.osc.ny.gov/press/releases/2024/03/state-comptroller-dinapoli-releases-municipal-school-auditsOpinion 92-47
… moneys); (need to establish separate bank account for E911 surcharge moneys) -- Deposits and Investments … moneys may be credited to the general fund and used for any lawful county purpose. You ask whether a county must … surcharge moneys must be retained and used exclusively for the same purposes for which the surcharge moneys may be …
https://www.osc.ny.gov/legal-opinions/opinion-92-47State Comptroller DiNapoli Releases School Audits
… unrestricted fund balance at levels that did not comply with the 4 percent statutory limit for the past three fiscal … budget. The district also maintained five reserve funds with balances totaling $35.6 million as of June 30, 2015, … recordkeeping and reconciliation are concentrated with one position. In addition, there was no process in place …
https://www.osc.ny.gov/press/releases/2016/12/state-comptroller-dinapoli-releases-school-audits-0Opinion 93-22
… among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in … An order of a superior court to remit a forfeiture of bail is not required in order for the Justice Court Fund to refund … of "the inherent power, possessed by a court, to declare null and void an act performed by it which was done without …
https://www.osc.ny.gov/legal-opinions/opinion-93-22Rabbi Who Pleaded Guilty to Stealing $5 Million of Funds Intended for Special Needs Students Sentenced to Up to Three Years in Prison
… with special needs is inexcusable. Thanks to the work of my investigators and auditors in partnership with Queens …
https://www.osc.ny.gov/press/releases/2017/10/rabbi-who-pleaded-guilty-stealing-5-million-funds-intended-special-needs-students-sentenced-threeState Comptroller DiNapoli Releases Municipal & School Audits
… ensure that costs were kept within the authorized budget. In addition, budget modifications totaling $3.2 million were not recorded in the accounting records. Town of White Creek – … or ensure the required annual update documents were filed in a timely manner. Auditors reviewed 199 disbursements …
https://www.osc.ny.gov/press/releases/2023/08/state-comptroller-dinapoli-releases-municipal-school-auditsNew York City’s Uneven Recovery: Mothers in the Workforce
… a larger increase in unemployment than fathers. While New York City saw a different trend initially, in 2022 the … Share of Workforce by Race and Ethnicity, 2019 vs. 2022 New York City United States White Black Asian …
https://www.osc.ny.gov/reports/osdc/new-york-citys-uneven-recovery-mothers-workforceOpinion 90-50
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues … funds. This is in reply to your inquiry regarding the legal requirements municipalities must satisfy when the New …
https://www.osc.ny.gov/legal-opinions/opinion-90-50Germantown Central School District – Financial Management (2013M-230)
… through May 3, 2013. Background The Germantown Central School District is located in Columbia County. The District … that benefits District taxpayers. … Germantown Central School District Financial Management 2013M230 …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/17/germantown-central-school-district-financial-management-2013m-230Frankfort-Schuyler Central School District – Financial Management (2016M-226)
… Purpose of Audit The purpose of our audit was to examine the District’s financial management practices for … financial plan, which would allow District officials to identify developing revenue and expenditure trends, set … and take appropriate action, in accordance with statute, to remedy reserves with excess funds. Adopt a reserve fund …
https://www.osc.ny.gov/local-government/audits/school-district/2016/09/30/frankfort-schuyler-central-school-district-financial-management-2016m-226Niagara County – County Bridge Maintenance (S9-13-2)
… totaled $335 million in 2012. The County Department of Public Works (DPW) is responsible for the maintenance and …
https://www.osc.ny.gov/local-government/audits/county/2013/07/19/niagara-county-county-bridge-maintenance-s9-13-2