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DiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… thousands of jobs and grow while achieving solid returns for the retirement system members and their beneficiaries that rely on the pension fund for their retirement security,” DiNapoli said. “We’ve …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesState Agencies Bulletin No. 2025
… for processing the retroactive Special Assignment to Duty Pay (SAD) payments for 2020 and 2021 for PEF employees, … previous contract, the 2020 and 2021 Special Assignment to Duty Pay payments, for calendar years 2019 and 2020, were not …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2025-2020-and-2021-retroactive-special-assignment-duty-pay-calendar-yearsDiNapoli: Inflation in NYC Metro Area Up 6.1% in March, Growing at Highest Rate in 30 Years
… to the same month one year ago, driven by double-digit increases in the costs of energy and transportation. Despite … and in other large metro areas, NYC metro area price increases appear poised to outstrip earnings growth. … costs in the NYC metro area have grown most steeply for energy, transportation, recreation and food. While some …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-inflation-nyc-metro-area-march-growing-highest-rate-30-yearsMedicaid Program – Claims Processing Activity October 1, 2020 Through March 31, 2021
… The audit covered the period from October 2020 through March 2021 and certain claims going back to October 2014. About the … for their claims. During the 6-month period ended March 31, 2021, eMedNY processed over 313 million claims, …
https://www.osc.ny.gov/state-agencies/audits/2022/04/19/medicaid-program-claims-processing-activity-october-1-2020-through-march-31-2021DiNapoli: State Tax Revenues $2 Billion Lower Than Last Fiscal Year
… of the Budget’s (DOB) January projections. Tax receipts for the month of January totaled $11.4 billion. This is … year. This is largely due to higher federal reimbursement for Medicaid spending, as well as the withholding of certain … payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-state-tax-revenues-2-billion-lower-last-fiscal-yearComptroller DiNapoli Releases School Audits
… which included overestimated appropriations. The budgets for fiscal years 2011-12 and 2012-13 called for using a total of about $3.1 million in reserves and … have not implemented the district’s reserve fund policy for the funding and use of reserve funds. One reserve, the …
https://www.osc.ny.gov/press/releases/2014/06/comptroller-dinapoli-releases-school-audits-0State Comptroller DiNapoli Releases School Audits
… his office completed audits of Massapequa Union Free School District , Ossining Union Free School District , Pine Bush …
https://www.osc.ny.gov/press/releases/2017/10/state-comptroller-dinapoli-releases-school-audits-1DiNapoli Releases Bond Calendar for Second Quarter
… Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for New York state, New York City and their major public … and reofferings as follows: $1.18 billion scheduled for April, of which $1.12 billion is for new money and $65 …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-releases-bond-calendar-second-quarterDiNapoli: Finger Lakes Group Homes Overpaid for Food and Supplies, Wasting Taxpayer Money
… The state’s Office for People with Developmental Disabilities’ Finger … group homes across eight counties. Employees at each group home routinely purchase food and household items necessary to …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-finger-lakes-group-homes-overpaid-food-and-supplies-wasting-taxpayer-moneyComptroller DiNapoli Releases School Audits
… to ensure that they were accurate, properly supported and for valid district purposes. Auditors discovered purchase … received and a lack of adequate supporting documentation for purchases. Mount Morris Central School District – …
https://www.osc.ny.gov/press/releases/2015/06/comptroller-dinapoli-releases-school-auditsControls Over and Revenues From .nyc Generic Top-Level Domains
… entered into a franchise agreement with a vendor to apply for the “.nyc” generic TLD (gTLD) and to operate, manage, … is to improve global visibility and generate revenue for the City. According to DoITT, New Yorkers may use the … expense reports. Does not adequately monitor domain names for words considered to be indecent that were disallowed by …
https://www.osc.ny.gov/state-agencies/audits/2021/10/25/controls-over-and-revenues-nyc-generic-top-level-domainsApproved State Contracts and Payments
… Office of the State Comptroller approved 1,678 contracts for state agencies and public authorities valued at $2.3 … and Community Supervision $8.8 million with JPay Inc. for inmate banking and related services. $5.8 million for six community based residential program grants, including …
https://www.osc.ny.gov/press/releases/2017/10/approved-state-contracts-and-paymentsCOVID-19 Pandemic Drove Record Medicaid Enrollment in 2021
… A record number of New Yorkers relied on Medicaid for health care in 2021, with monthly enrollment exceeding 7 million for the first time, according to a new report by New York … in 2021, state budget projections rely on expectations for significant enrollment declines that may not materialize. …
https://www.osc.ny.gov/press/releases/2021/12/covid-19-pandemic-drove-record-medicaid-enrollment-2021Medicaid Program – Claims Processing Activity April 1, 2020 Through September 30, 2020
… 7, 2015. About the Program The Department administers the State’s Medicaid program. The Department’s eMedNY computer … prior to, but billed during, the Coronavirus Disease state of emergency that would have been denied had certain …
https://www.osc.ny.gov/state-agencies/audits/2021/09/21/medicaid-program-claims-processing-activity-april-1-2020-through-september-30-2020IX.8.A Accounting for Federal Refunds – IX. Federal Grants
… of Appropriation/AP Adjustment Vouchers of this Guide for further information. There are two main reasons for processing refunds in AP: When the refund relates to a … the adjustment voucher will restore the contract value. For 1099 reporting, the adjustment voucher will adjust the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix8a-accounting-federal-refundsMedicaid Program – Claims Processing Activity October 1, 2019 Through March 31, 2020
… 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, … prompt attention, including: $978,966 was paid for inpatient claims that were billed at a higher level of …
https://www.osc.ny.gov/state-agencies/audits/2020/10/20/medicaid-program-claims-processing-activity-october-1-2019-through-march-31-2020DiNapoli Report Examines Troubling Child Poverty Trends
… Supplemental Poverty Measure (SPM). While OPM is the basis for calculating assistance for many social safety net programs, the SPM is a broader … among others. As these programs lapsed, the SPM rates for children doubled (and in some cases tripled) in all but …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-report-examines-troubling-child-poverty-trendsDiNapoli: NYC’s Tech Boom Partially Offset City's Pandemic Job Losses
… grew, and the number of companies and jobs has soared. For the tech sector’s continued success, the city and state … workforce share of 47%. High Pay: In 2021, the average salary in tech reached $228,620, almost double the average … of the total private sector in New York City. The average salary in tech had the second largest growth in the past five …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nycs-tech-boom-partially-offset-citys-pandemic-job-lossesDiNapoli: NYC Finances Continue To Benefit From Better Than Projected Revenue but Spending Pressures Remain
… the continued influx of asylum seekers, elevated demand for city programs and a declining surplus demand preparation … ahead,” DiNapoli said. “Consistent underbudgeting for known spending risks such as educational programming, … and the city continues to bear the majority of the burden for the significant cost of helping asylum seekers. The city …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-finances-continue-benefit-better-projected-revenue-spending-pressures-remainState Contract and Payment Actions in July and August
… Office of the State Comptroller approved 3,988 contracts for state agencies and public authorities valued at $7.0 … payments valued at more than $28.3 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these …
https://www.osc.ny.gov/press/releases/2024/09/state-contract-and-payment-actions-july-and-august