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DiNapoli: NYC Area Is Country's Second Largest Market for Venture Capital
… The New York City metropolitan area is the second largest market for … “As the financial capital of the country, New York City is a natural hub for venture capital investing and the … and local officials should look at ways to make New York City’s business environment even more attractive to investors …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-nyc-area-countrys-second-largest-market-venture-capitalIX.4 Establish & Maintain Federal Grants in SFS for Onboarding Agencies – IX. Federal Grants
… that includes Project Costing, Grants Management, and Customer Contracts. Agencies that have started using ESA are … only onboarded agencies that manage projects, grants and customer contracts through ESA within the Statewide Financial … Financial System Reports in this Chapter. ESTABLISH CUSTOMER CONTRACT The Contracts module is used to facilitate …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix4-establish-maintain-federal-grants-sfs-onboarding-agenciesComptroller DiNapoli Releases School Audits
… school finances and operations, my office continues to provide taxpayers the assurance that their money is being … their computer inventory that allows computer equipment to be tracked efficiently. Except for minor issues, the … County) District officials did not use competitive bidding to procure goods from two vendors who were paid a total of …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-releases-school-audits-1Comptroller DiNapoli Releases School Audits
… provide taxpayers the assurance that their money is being spent appropriately and effectively.” Greenport Union Free … District officials need to improve their oversight of the budget process and financial condition. Beginning in 2010-11, the district gradually increased its tax levy and budget. In each of the three years from 2010-11 to 2012-13, …
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-releases-school-audits-0DiNapoli: Property Tax Exemptions Top $450 Billion
… In this category, the state's School Tax Relief program (STAR) – which applies to a large portion of owner-occupied … outside of New York City – represents the majority share. STAR accounted for 2.4 million partial exemptions in 2016, … of all exempted value. However, unlike other exemptions, STAR creates no direct additional burden on other local …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-property-tax-exemptions-top-450-billionComptroller DiNapoli Releases School Audits
… reserve. Currently, there is no statutory authority for a district to establish a reserve for post-employment benefits that are not based on employees’ … The district unnecessarily has online banking access for all of its bank accounts. In addition, district officials …
https://www.osc.ny.gov/press/releases/2014/12/comptroller-dinapoli-releases-school-auditsComptroller DiNapoli Releases School Audits
… school finances and operations, my office continues to provide taxpayers the assurance that their money is being … totaling $6,417 lacked adequate documentation to allow district officials to determine if they were made for appropriate student …
https://www.osc.ny.gov/press/releases/2014/06/comptroller-dinapoli-releases-school-auditsOpinion 90-14
… opinion. ZONING AND PLANNING -- Subdivisions (validity of engineering and legal fees imposed upon developer); (direct … may impose a schedule of fees upon a developer to recover engineering, land surveying and legal expenses incurred in … TOWN LAW, §§20(2)(a), 27(1), 118, 277: When a town imposes engineering and legal fees upon a developer to cover …
https://www.osc.ny.gov/legal-opinions/opinion-90-14DiNapoli: Potsdam Audit Finds Missing Court Funds
… duplicate receipts and account for them in a consecutive numerical sequence; Compare duplicate receipts to monthly …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-potsdam-audit-finds-missing-court-fundsOpinion 89-15
… a call for assistance to a fire protection district is a charge against and paid by the fire protection district. … fire protection district, the incorporated volunteer fire company which constitutes the village fire department, and … insurance on the fire-fighting equipment used by the fire company, all of which is owned by the company. In addition, …
https://www.osc.ny.gov/legal-opinions/opinion-89-15Comptroller DiNapoli Releases School Audits
… and increased accountability, it’s critical that schools make every dollar count,” DiNapoli said. “By auditing school … school finances and operations, my office continues to provide taxpayers the assurance that their money is being … cost available. Officials also attempted to acquire milk and bread at the lowest reasonable cost, but faced a …
https://www.osc.ny.gov/press/releases/2016/04/comptroller-dinapoli-releases-school-auditsOpinion 93-6
… of a fire protection district. You ask whether a town and a village may enter into an agreement pursuant to article … authorizes "municipal corporations", including towns and villages (see General Municipal Law, §119-n[a]), to enter … in relevant part, that ". . . municipal corporations and districts shall have power to enter into, award, cancel …
https://www.osc.ny.gov/legal-opinions/opinion-93-6DiNapoli: Georgia Woman Allegedly Stole Over $450K in NYS Pension and Social Security Payments
… this joint effort, one more person who believed they could game the system has been caught and will be prosecuted.” “For … who had worked for the State Insurance Fund from 1985 until her retirement in 2005. She subsequently moved to … NYSLRS and SSA continued to deposit funds into the account until early 2021. Smith knew exactly when those benefits …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-georgia-woman-allegedly-stole-over-450k-nys-pension-and-social-security-paymentsEstablishing the Standard Work Day – Enhanced Reporting
… The number of days worked you report for your employees has a direct impact … job title at your organization must have a standard work day (SWD) established by board resolution or contract in … for an employee. SWDs represent the amount of time per day a full-time employee in that title would be required to …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/establishing-standard-work-dayDiNapoli: State Tax Revenues $2 Billion Lower Than Last Fiscal Year
… are nearly $2 billion lower than last year, according to the monthly State Cash Report released by New York State … DOB’s latest projections. “State tax receipts continue to come in stronger than expected, but year-to-date collections are still far below last year,” DiNapoli …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-state-tax-revenues-2-billion-lower-last-fiscal-yearDiNapoli Releases October State Cash Report
… of $38.4 billion were $14.4 million lower than projected in the most recent Financial Plan update, but more than $1.6 … than initially projected tax collections and billions in extraordinary settlement revenue,” DiNapoli said. “As the … maximize the benefits for New Yorkers. Recent improvements in the state’s financial position should not be compromised …
https://www.osc.ny.gov/press/releases/2014/11/dinapoli-releases-october-state-cash-reportDiNapoli: Finger Lakes Group Homes Overpaid for Food and Supplies, Wasting Taxpayer Money
… well above what the other vendors charged. For example: Laundry detergent that cost $56.16 at Home Supply, only cost …
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
… Union Free School District – Financial Condition (Erie County) The board and administrative staff … appropriate action to manage the district’s financial condition, including ongoing evaluation of spending trends … supported and for valid district purposes. Auditors discovered purchase orders were issued after goods were …
https://www.osc.ny.gov/press/releases/2015/06/comptroller-dinapoli-releases-school-auditsComptroller DiNapoli Releases School Audits
… and effectively." Canaseraga Central School District – Cafeteria Cash Receipts (Allegany County) District officials … have not adopted written policies and procedures governing cafeteria cash receipts. As a result, the district still uses … to the sales reports that are not approved by the cafeteria manager. Hoosic Valley Central School District – …
https://www.osc.ny.gov/press/releases/2014/06/comptroller-dinapoli-releases-school-audits-0Medicaid Program – Claims Processing Activity October 1, 2020 Through March 31, 2021
… were submitted by approved providers, were processed in accordance with Medicaid requirements, and resulted in correct payments to the providers. The audit covered the … 2021, eMedNY processed over 313 million claims, resulting in payments to providers of more than $36 billion. The claims …
https://www.osc.ny.gov/state-agencies/audits/2022/04/19/medicaid-program-claims-processing-activity-october-1-2020-through-march-31-2021