Search
June 2002: Advance Refunding Bonds
… refunding, bonds are refinanced (paid off) by issuing new bonds. Typically, the proceeds of the new bonds are placed in an escrow account (in a bank or trust company located and licensed to do business in New York State). After payment of issuance costs, the …
https://www.osc.ny.gov/local-government/publications/june-2002-advance-refunding-bondsMonitoring of Homeless Data
… if OTDA’s programs are using all available data to best address the needs of those experiencing or at risk of … and Refugee Services administers an array of programs to address homelessness in the State, including homelessness … if OTDAs programs are using all available data to best address the needs of those …
https://www.osc.ny.gov/state-agencies/audits/2025/05/20/monitoring-homeless-dataCOVID-19 Pandemic Small Business Recovery Grant Program
… the first 12 months from when the Program’s application portal was launched (June 2021 to May 2022), these businesses …
https://www.osc.ny.gov/state-agencies/audits/2025/05/07/covid-19-pandemic-small-business-recovery-grant-programOversight of Child Protective Services
… the caller must be provided with a clear explanation of why the intake is not being registered as a report and given … accurately reflect the nature of closure and why the call did not result in a report. Additionally, the length of time … from the SCR may limit its ability to retroactively investigate whether non-report calls were properly handled. …
https://www.osc.ny.gov/state-agencies/audits/2023/01/24/oversight-child-protective-servicesState Agencies Bulletin No. 2368.2
… If DOL determines that, as the result of an arbitration award or settlement agreement, an employee of NYS has … will be applied in the paycheck in which the arbitration award or settlement agreement is processed. Effective Dates: … will start, and provide the employee with a copy of the letter supplied by DOL. Agency Actions for Cancellations and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/23682-instructions-use-deduction-code-433-unemployment-insurance-owed-andTown of Oxford – Financial Condition (2024M-135)
… budget officer. He is responsible for providing the Board with financial reports. The Town’s general and highway fund … town-wide (highway fund TW) began the 2024 fiscal year with a combined $206,637 fund balance deficit. Also, the … financial management practices. Town officials agreed with our recommendations and have initiated or indicated they …
https://www.osc.ny.gov/local-government/audits/town/2025/07/25/town-oxford-financial-condition-2024m-135Newburgh Enlarged City School District – Financial Management (2025M-32)
… A key measure of a school district’s financial condition is its level of fund balance, which represents the difference … condition. The Board and District officials also made it appear they needed more funding to meet operational needs … surplus fund balance in all five years reviewed to make it appear officials were not retaining more funds than …
https://www.osc.ny.gov/local-government/audits/school-district/2026/02/06/newburgh-enlarged-city-school-district-financial-management-2025m-32Preston Fire District – Board Oversight (2025M-87)
… interested parties cannot assess the District’s financial standing. While the District’s investments were legal, safe and liquid, … Constitution and the State Comptroller’s authority as set forth in Article 3 of the New York State General …
https://www.osc.ny.gov/local-government/audits/fire-district/2026/03/13/preston-fire-district-board-oversight-2025m-87State Comptroller DiNapoli Releases School District Audits
… with taxpayers and has levied more taxes than necessary. Clarence Central School District – Financial Condition …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… condition. The board and district officials also made it appear they needed more funding to meet operational needs … audit of the supervisor’s books, records and documents, it may have identified and potentially helped remedy these … 2022-23 through 2024-25 fiscal years. As a result, there is an inaccurate depiction of the actual financial condition …
https://www.osc.ny.gov/press/releases/2026/02/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli Expands State Pension Fund's In-State Investment Program
… New York State Comptroller Thomas P. DiNapoli today announced the creation of the $200 million New York Credit Small Business Investment Company (SBIC) Fund … and deliver attractive returns to the state pension fund. New York’s $184.5 billion state pension fund, the third …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-expands-state-pension-funds-state-investment-programDiNapoli: NYC's Open Streets Program Supported Retail and Restaurant Job Recovery in Manhattan, Brooklyn
… the gains were concentrated in areas of Manhattan and Brooklyn, according to a report released today by State … every year and were concentrated in parts of Manhattan and Brooklyn. The largest share (37.5%) operated only two years, … Open Street locations citywide with 40, followed by 30 in Brooklyn's Downtown Brooklyn and Fort Greene neighborhoods, …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-nycs-open-streets-program-supported-retail-and-restaurant-job-recovery-manhattan-brooklynFour Individuals Charged in Widespread Scheme to Defraud Medicare and Other Health Insurance Providers Through Fraudulent Medical Corporations and False Billing Resulting in Tens of Millions of Dollars in Losses
… KIMBERLY SPINA with participating in a widespread health care fraud scheme through their fraudulent operation of Dolson Avenue Medical ("DAM" or the "Practice"), a … DAM and other businesses, to conspiracy to commit health care fraud, charged in a separate Information unsealed …
https://www.osc.ny.gov/press/releases/2018/08/four-individuals-charged-widespread-scheme-defraud-medicare-and-other-health-insurance-providersOpinion 88-33
… the views of the Office of the State Comptroller at the time it was rendered. The opinion may no longer … the cost of constructing laterals intended to be installed at the time of a district's establishment may be authorized … for a town sewer district must be raised wholly at the expense of the district, town general fund moneys may …
https://www.osc.ny.gov/legal-opinions/opinion-88-33Opinion 2000-16
… (beneficiaries under group life insurance policy); (meaning of "family" as used in special acts); (use of tax … group life insurance) WORDS AND PHRASES -- "Family" (meaning for purposes of foreign fire insurance tax special … beneficiaries. The opinion, however, does not discuss the meaning of the word "family." Further, we are not aware of …
https://www.osc.ny.gov/legal-opinions/opinion-2000-16State Agencies Bulletin No. 2020
… the Reason Code is due to a Workers’ Compensation Leave (WCL, WDL, or WPS). Employees with a Comp Rate Code of FEE are … Compensation Leave (Action/Reason code of Leave of Absence/WCL, WDL, or WPS) on the payment effective date, OSC will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2020-april-2022-2-salary-increases-arbitration-eligible-bu01-and-nonTotal Spending – 2023 Financial Condition Report
… Comparing spending to revenue provides an indication of the State’s ability to support continuing programs. State … on a cash basis. See Appendices 1 and 2 for a breakdown of State spending by major service function and funding … five years. Growth in State Spending Has Exceeded the Rate of Inflation Over the Past Five Years Compared to the prior …
https://www.osc.ny.gov/reports/finance/2023-fcr/total-spendingTotal Receipts – 2023 Financial Condition Report
… increased 46.0 percent. Personal Income Tax and Consumer Tax Receipts Have Increased Over the Past Five Fiscal Years Personal income tax and consumer (consumption and use) taxes: Accounted for 34.1 …
https://www.osc.ny.gov/reports/finance/2023-fcr/total-receiptsTotal Spending – 2021 Financial Condition Report
… Comparing spending to revenue provides an indication of the State’s ability to support continuing programs. State … on a cash basis. See Appendices 1 and 2 for a breakdown of State spending by major service function and funding … five years. Growth in State Spending Has Exceeded the Rate of Inflation Over the Past Five Years Compared to the prior …
https://www.osc.ny.gov/reports/finance/2021-fcr/total-spendingTotal Spending – 2022 Financial Condition Report
… Comparing spending to revenue provides an indication of the State’s ability to support continuing programs. State … a cash basis. See Appendices 1 and 2 for a breakdown of State spending by major service function and funding … five years. Growth in State Spending Has Exceeded the Rate of Inflation Over the Past Five Years Compared to the prior …
https://www.osc.ny.gov/reports/finance/2022-fcr/total-spending