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DiNapoli: New York’s Employee Stock Ownership Plans Lead Nation in Assets
… Comptroller Thomas P. DiNapoli released a report today that explains how employee ownership models, which give workers a stake in the companies that employ them, not only help stabilize companies’ bottom … of the company they work for. It does not necessarily mean that employees exercise control over the company’s …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-new-yorks-employee-stock-ownership-plans-lead-nation-assetsDiNapoli: Local Government Employment Outside NYC Fell Nearly 39,000 Since 2007
… reduction. While billions of dollars in federal pandemic relief aid to local governments and school districts likely … downstate (381). Funding from various federal emergency relief programs, as well as the restoration of state aid cuts and a rebound in sales tax collections, helped many local governments through the …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-local-government-employment-outside-nyc-fell-nearly-39000-2007DiNapoli: Renewable Energy Projects Taking Years To Become Operational in NYS
… energy projects have been taking more than three years to receive siting permits due to application delays, according to an audit released today by New York State Comptroller … energy projects have been taking more than three years to receive siting permits due to application delays according …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-renewable-energy-projects-taking-years-become-operational-nysStatement From New York State Comptroller DiNapoli on New York City's Fiscal Year 2027 Preliminary Budget
… a statement today on Mayor Zohran Mamdani’s Fiscal Year 2027 preliminary budget: “The $127 billion Fiscal Year (FY) 2027 preliminary budget marks a substantial shift in the … an upward revision of $8.6 billion to tax revenue in FY 2027, over 10% higher than in November, fueled by stronger …
https://www.osc.ny.gov/press/releases/2026/02/statement-new-york-state-comptroller-dinapoli-new-york-citys-fiscal-year-2027-preliminary-budgetDiNapoli: New York State Fourth Nationwide in Credit Card Debt
… New York state ranked fourth nationwide in credit card debt at $58.2 … average. In 2017, 8.3 percent of credit card debt in New York state was delinquent by 90 days or more, higher than … New York state ranked fourth nationwide in credit card debt at $582 billion in 2017 according to a report …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-new-york-state-fourth-nationwide-credit-card-debtComptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his office completed audits of the Forestburgh Fire District , City of Glen Cove , Spencer Volunteer Fire Company and the Watervliet Housing Authority . “In today’s fiscal climate, budget transparency and …
https://www.osc.ny.gov/press/releases/2015/10/comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases Municipal Audits
… the lowest bid price. If the county purchased asphalt and stone products from the low bidders, it may have saved …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-municipal-audits-1Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his office … visit OpenBookNY . The easy-to-use website was created by Comptroller DiNapoli to promote openness in government and … New York State Comptroller Thomas P DiNapoli today announced his office …
https://www.osc.ny.gov/press/releases/2015/08/comptroller-dinapoli-releases-municipal-auditsDiNapoli: Syracuse City School District Teacher Pleads Guilty in Time Theft Scheme
… Fitzpatrick announced today that Jason Cecile of the Syracuse City School District’s (SCSD) After-School Twilight … pleaded guilty to corrupting the government in the 3 rd Degree, in connection with submitting false timecards to … is an after-school credit recovery program located within Syracuse’s Henninger High School for students in need of …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-syracuse-city-school-district-teacher-pleads-guilty-time-theft-schemeNew York State Comptroller DiNapoli on NYC Executive Budget
… the end of the year. "This improvement reflects the city’s economic resilience and savings generated mostly through … investments across a variety of service areas, including economic and workforce development, transportation, … revenue and spending reductions will be used to fund these efforts, the city also acknowledges potential …
https://www.osc.ny.gov/press/releases/2022/04/new-york-state-comptroller-dinapoli-nyc-executive-budgetComptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. … $100,000 of purchases that were not publicly advertised for bids or purchased through state or county contracts. In … department. If the county imposed certain allowable fees for probation supervision and drug screening, the probation …
https://www.osc.ny.gov/press/releases/2014/06/comptroller-dinapoli-releases-municipal-audits-0DiNapoli Announces Sale of $914.3 Million State of New York General Obligation Refunding Bonds
… Through a competitive sale, the bonds were awarded to J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC. Specifically, the sales were for … The winning bids were as follows: Bidding Group 1 to J.P. Morgan Securities LLC with a true interest cost bid of …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-announces-sale-9143-million-state-new-york-general-obligation-refunding-bondsCapital – 2023 Financial Condition Report
… percent). Transportation accounted for 51.1 percent of all capital projects spending in SFY 2022-23, up from 48.5 … Social Welfare purposes, up $238.6 million (25 percent). All other purposes decreased by $726.8 million (31 percent), …
https://www.osc.ny.gov/reports/finance/2023-fcr/capitalMedicaid Claims Processing Activity October 1, 2011 Through March 31, 2012
… system processes Medicaid claims submitted by providers for services rendered to Medicaid eligible recipients, and it generates payments to reimburse the providers for their claims. During the six-month period ended March 31, … $4.1 million in overpayments resulting from: Incorrect retroactive rate changes that caused overpayments totaling …
https://www.osc.ny.gov/state-agencies/audits/2013/07/09/medicaid-claims-processing-activity-october-1-2011-through-march-31-2012Rebates and Discounts on Physician-Administered Drugs (Follow-Up)
… in an office setting. To reduce Medicaid costs for prescription drugs, the federal government established … to pass on the savings to Medicaid when they submit claims for 340B drugs. Our initial audit report, which was issued on … drugs nor ensured the proper billing for 340B drugs. These problems cost the Medicaid program an …
https://www.osc.ny.gov/state-agencies/audits/2014/03/06/rebates-and-discounts-physician-administered-drugs-followAmerican Academy of Pediatrics, District II
… paid AAP approximately $1.5 million under these contracts for expenses related to various immunization initiatives. Key … to the Department 16 Standard Vouchers and 1 Claim for Payment (together referenced as “vouchers”) as “just, … to contain material false information related to charges for Continuing Medical Education (CME) credits, program …
https://www.osc.ny.gov/state-agencies/audits/2014/02/28/american-academy-pediatrics-district-iiTheraCare Preschool Services, Inc. – Compliance With the Reimbursable Cost Manual
… which detail program-related expenses. To be eligible for reimbursement, the provider's reported expenses must comply with Manual guidelines. For the three fiscal years ended June 30, 2011, TheraCare … approximately $50.1 million in reimbursable expenses for the programs we audited. Key Findings We disallowed …
https://www.osc.ny.gov/state-agencies/audits/2014/04/02/theracare-preschool-services-inc-compliance-reimbursable-cost-manualCompliance With Payment Card Industry Standards
… The Authority accepts credit cards as a method of payment for bus fares and parking. All organizations that accept … to improve the Authority’s information security program for cardholder data and to help ensure it meets PCI … that clearly defines information security responsibilities for all personnel. Also, it has not inventoried all devices …
https://www.osc.ny.gov/state-agencies/audits/2017/02/06/compliance-payment-card-industry-standardsAccounts Payable Advisory No. 70
… delivery. When multiple checks are overnighted to the same address, Key Bank will mail them in one envelope. Special … Handling checks can only be delivered to the address on the check and cannot be delivered to a P.O. Box. … possible, agencies should send checks directly to the payee and work with vendors to meet other needs, such as …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/70-producing-checks-emergency-eventOversight of Critical Foster Care Program Requirements (Follow-Up)
To determine the extent of implementation of the three recommendations included in our initial audit report Oversight of Critical Foster Care Program Requireme
https://www.osc.ny.gov/state-agencies/audits/2020/02/03/oversight-critical-foster-care-program-requirements-follow