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DiNapoli: Wall St. First Half Profits Jumped
… industry reached $15.1 billion in the first six months of 2019, an 11 percent increase over the same period last year, … performance. “Wall Street had a very profitable start in 2019, but uncertainties leave the second half of the year an … crisis. While net revenue rose in the first half of 2019, growth slowed to 2.4 percent. The slowdown reportedly …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-wall-st-first-half-profits-jumpedSubway Recovery Tracker
… had a profound and disparate impact on subway ridership in New York City. Initially, the emergence of the virus in March and April 2020 corresponded with a steep and uniform drop in subway usage across all five boroughs. Citywide, April … The emergence of the virus in New York City in March and April 2020 corresponded with a …
https://www.osc.ny.gov/osdc/subway-recovery-trackerDiNapoli: New York City Budget Surplus on Pace to Grow Another $2.4 Billion from April Projections
… (FY) 2022 compared to the Executive Budget released in April. However, better-than-projected fiscal performance may … adjusted for surplus transfers - and Financial Plan (the “April Plan”) shows the city has benefited from stronger than … into its Rainy Day Fund (RDF) for FY 2022. Since the April Plan, tax collections, fueled by personal incomes …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-new-york-city-budget-surplus-pace-grow-another-24-billion-april-projectionsDiNapoli: Public Authorities Borrow and Spend Billions With Limited Transparency, Accountability
… in New York have accumulated $267 billion in debt, the equivalent of $13,487 for every resident in the state, according to a report issued today by New York State Comptroller Thomas P. DiNapoli. The amount of debt reported by state and local authorities is …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-public-authorities-borrow-and-spend-billions-limited-transparency-accountabilityDiNapoli: NYC Area Is Country's Second Largest Market for Venture Capital
… States, with $28.5 billion in investments, or 13.3% of the national total in 2024. The amount invested in the region has … States with $285 billion in investments or 133 of the national total in 2024 …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-nyc-area-countrys-second-largest-market-venture-capitalReport on the State Fiscal Year 2023-24 Executive Budget
The Executive Budget for SFY 2023-24 totals $227 billion, and DOB projects shortfalls in revenues and increases in spending, particularly in Medicaid and school aid, over the financial plan period.
https://www.osc.ny.gov/files/reports/budget/pdf/executive-budget-report-2023-24.pdfTown of Waterford - Town Clerk Collections (2018M-265)
… report - pdf] Audit Objective Determine if collections in the Town Clerk’s (Clerk) office are adequately accounted for, reported and deposited intact, in a timely manner. Key Findings The former Clerk did not: … form of payment. Make deposits of all collections intact, in a timely manner. Maintain payment stubs and postmarked …
https://www.osc.ny.gov/local-government/audits/town/2019/05/03/town-waterford-town-clerk-collections-2018m-265State Agencies Bulletin No. 1219
… Save newly created queries according to the new naming conventions. The PS Query renaming phase must be completed by …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1219-preparing-queries-payserv-upgrade-peoplesoft-v89-v91XIV.3.C Distribution of STIP Investment Earnings – XIV. Special Procedures
… governed by §98-a of the State Finance Law which provides in relevant part that all income received on any moneys … Budget includes new authorization for temporary loans in specific funds listed in Article VII language bills. SFL §98-a further states: … Budget includes new authorization for temporary loans in specific funds listed in Article VII language bills …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3c-distribution-stip-investment-earningsIT Contingency Planning – Information Technology Contingency Planning
… In general a business continuity plan focuses on strategies for sustaining an organizations critical business processes in the event of a disruption …
https://www.osc.ny.gov/local-government/publications/it-contingency-planning/it-contingency-planningDiNapoli Faults Oversight at Public Service Commission of Orders and Agreements
… The state Public Service Commission (PSC) is falling short in monitoring Charter Communications Inc. and other utilities … track service reliability and imposed only four penalties in four years. “When New Yorkers flip on the lights, log in or make a call, they should be confident that someone is …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-faults-oversight-public-service-commission-orders-and-agreementsComptroller DiNapoli Releases State Audits
… identified about $3.3 million in inappropriate Medicaid payments, including $1,335,151 in overpayments for hospital … overseeing the ACT program to ensure that provider teams are complying with certain important program requirements. Provider teams are not recertified in a timely manner; program data in …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-state-auditsDiNapoli Honors Hispanic Leaders
… Hon. Helen Voutsinas, justice of the Nassau County Supreme Court. Prior to being elected Supreme Court justice in 2018, she served as a Nassau County …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-honors-hispanic-leadersDiNapoli Honors Community Leaders During Italian Heritage Celebration
… State Comptroller Thomas P. DiNapoli hosted a reception in honor of Italian Heritage Month on Oct. 23 in Tuckahoe, N.Y. DiNapoli honored five Italian-Americans for … State Comptroller Thomas P DiNapoli hosted a reception in honor of Italian Heritage Month on Oct 23 in Tuckahoe NY …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-honors-community-leaders-during-italian-heritage-celebrationDiNapoli and James Announce Guilty Plea of Former New York City Council Candidate in Straw Donation Scheme
… Alvarez pleaded guilty to Offering a False Instrument for Filing in the Second Degree, a class A misdemeanor, in … Council Majority Leader Joel Rivera. In 2013, Alvarez ran for Rivera’s seat in the 15th New York City Council District, … was unsuccessful in the Democratic primary. While running for office, Alvarez knowingly accepted straw donations …
https://www.osc.ny.gov/press/releases/2019/06/dinapoli-and-james-announce-guilty-plea-former-new-york-city-council-candidate-straw-donation-schemeMedicaid Program – Improper Payments for Recipients No Longer Enrolled in Managed Long Term Care Partial Capitation Plans
… plans for recipients who were no longer enrolled in these plans. The audit covered the period January 1, 2010 … problem or disability. Generally, recipients enrolled in these Plans need home care, adult day health care, or … capitation payment for every Medicaid recipient enrolled in a Plan, and the Plan arranges for the provision of …
https://www.osc.ny.gov/state-agencies/audits/2016/03/30/medicaid-program-improper-payments-recipients-no-longer-enrolled-managed-long-term-careComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Florida Resident For Stealing $275k in NYS Pension Benefits
… New York State Comptroller Thomas P. DiNapoli and Attorney … pleaded guilty today to the crime of Grand Larceny in the Third Degree, a class D felony, in Albany County … stems from charges that Mr. Eletz stole over $275,000 in New York State pension benefits that were issued to his …
https://www.osc.ny.gov/press/releases/2015/09/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-florida-resident-stealing-275k-nysDiNapoli and Brooklyn D.A. Gonzalez: Public Employee Arrested for Using Co-Workers' Identities to Steal Thousands in Gas
… theft and grand larceny for using agency-issued gas cards to allegedly steal nearly $8,000 in gas for his personal use, … announced today. "George Thomas posed as his co-workers to steal thousands in fuel, betraying not only his colleagues … Yorkers with developmental disabilities he was supposed to be serving," said State Comptroller Thomas P. DiNapoli. "I …
https://www.osc.ny.gov/press/releases/2018/06/dinapoli-and-brooklyn-da-gonzalez-public-employee-arrested-using-co-workers-identities-stealFar Rockaway Pre-School Provider "Investor" Pleads Guilty in Theft of Education Funds Intended for Special Needs Students
… A. Brown today announced that a self-described investor in Island Child Development Center, once one of New York … disabilities, has pleaded guilty for his participation in a scheme that stole millions of dollars in city and state funding between 2005 and 2012 – money that …
https://www.osc.ny.gov/press/releases/2017/04/far-rockaway-pre-school-provider-investor-pleads-guilty-theft-education-funds-intended-special-needsMedicaid Program – Ambulatory Patient Groups Payments for Duplicate Claims and Services in Excess of Medicaid Service Limits
… Purpose To determine whether the Department of Health established adequate controls to prevent duplicate and excessive Medicaid payments to clinics and outpatient facilities reimbursed by the Ambulatory Patient Groups (APG) payment methodology. The … To determine whether the Department of Health established adequate controls to …
https://www.osc.ny.gov/state-agencies/audits/2015/06/29/medicaid-program-ambulatory-patient-groups-payments-duplicate-claims-and-services-excess