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DiNapoli: MTA Faces $9.8 Billion Capital Plan Shortfall
… the city to close the remaining $9.8 billion funding gap in its five-year capital program. While we don’t yet know how … would reach $3.5 billion by 2019, $1 billion more than in 2014. Even with planned biennial fare and toll increases … during the financial plan period, compared with 17 percent in 2014. The MTA’s current four-year financial plan extends …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-mta-faces-98-billion-capital-plan-shortfallDiNapoli: Audit Recommends Additional Steps to Reduce Student Absenteeism
… DiNapoli identified issues that could hinder SED's efforts in this area. "Students who frequently miss school are often … But given how vital it is for our children to be in school and learning, I urge the department to do even more … as missing at least 10 percent of enrolled school days in a year for any reason – excused or unexcused. SED figures …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-audit-recommends-additional-steps-reduce-student-absenteeismOpinion 97 - 12
… however, would be prohibited from performing services for the engineering firm in relation to any matter before, or … "contracts" (see General Municipal Law, §§800-805). For this purpose, a "contract" includes any express or … or employee from receiving, or entering into any agreement for, compensation for services to be rendered in relation to …
https://www.osc.ny.gov/legal-opinions/opinion-97-12Opinion 92-7
… business) WORDS AND PHRASES -- "Relief" (meaning of for purposes of special acts incorporating volunteer … requesting funds to help him through this "slow period". For purposes of this opinion, we assume the firefighter is … such moneys as follows: ... Such taxes shall only be used for the care and relief of disabled or indigent volunteer and …
https://www.osc.ny.gov/legal-opinions/opinion-92-7State Comptroller DiNapoli and DFS Acting Superintendent Asrow Designate New Banking Development District to Support Community Banking in the Butternut Valley
… financial future. SFCU will provide financial education workshops and banking options that will create a stronger … online banking options, and sponsoring financial education workshops in the community. The SFCU Morris Branch, located …
https://www.osc.ny.gov/press/releases/2026/02/state-comptroller-dinapoli-and-dfs-acting-superintendent-asrow-designate-new-banking-developmentNew York’s Economy and Finances in the COVID-19 Era (July 1, 2021)
… an increase of 51.9 percent from the fourth quarter of 2020 on a seasonally adjusted annual basis. While this is a … hit during the pandemic, have not yet returned to pre-2020 levels. Transfer Receipts Bolster Personal Income Figure … quarter of 2019 to $1.5 trillion in the second quarter of 2020. While proprietors’ income declined by 14.4 percent and …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-july-1-2021DiNapoli Announces New $7 Million Investment in Northern Ireland
… Ireland’s dynamic economy that will provide a solid return for the New York State Common Retirement Fund,” DiNapoli … has opened doors and created economic opportunities for all communities. We’re proud to be able to play a part in … will benefit our retirees, taxpayers and Northern Ireland for years to come.” Welcoming the announcement, First …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandDiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
… Budget Financial Plan shows a remarkable improvement in the state’s financial condition as cumulative four-year … of substantial new resources, including $15.2 billion in federal assistance and $17.3 billion from tax and other … The SFY 2021-22 Enacted Budget Financial Plan released in May by the state Division of Budget (DOB) totals $208.9 …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reservesDiNapoli: NYC's Miscellaneous Revenues Experience Slow Growth Post Pandemic
… “miscellaneous revenues” reached an estimated $6.7 billion in fiscal year (FY) 2025, 11% higher than in FY 2019, and weaker than the 29% growth over the prior six … boosted revenue, including interest income, may soften in the coming years. These shifts warrant further study of …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-nycs-miscellaneous-revenues-experience-slow-growth-post-pandemicDiNapoli Appoints Nelson Sheingold as Counsel to the Comptroller
… “Nelson’s breadth of legal knowledge, his passion for justice and dedication to public service make him an ideal … the State Comptroller’s office, Sheingold served as chief counsel to the New York State Inspector General, with a … is a 1994 graduate of Yale Law School. He will succeed current Counsel Nancy Groenwegen, who is retiring. His salary …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-appoints-nelson-sheingold-counsel-comptrollerNew York State Comptroller Thomas P. DiNapoli Statement on Executive Budget Proposal
… Robust increases to reserves will better prepare us for future downturns and challenges. “I remain concerned … it hinders our future, which is why I proposed a roadmap for reform to impose meaningful limits on debt and ban … backdoor borrowing. This proposal can serve as the basis for discussion and action to give more power back to voters …
https://www.osc.ny.gov/press/releases/2023/02/new-york-state-comptroller-thomas-p-dinapoli-statement-executive-budget-proposalXII.7.A Responding to Voucher and Expense Report Audit Questions – XII. Expenditures
… a Voucher Authorizer at the agency via phone call or email. Agencies have the following responsibilities to ensure … Online agencies must ensure their Voucher Authorizers’ email addresses are up to date in the Statewide Financial System, as these are the email addresses Bureau auditors will use. Bulkload agencies …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii7a-responding-voucher-and-expense-report-audit-questionsXII.6.P Processing a Payment to a Military Address – XII. Expenditures
… X, Section 5.B - Requesting a Single Payment Vendor ID for information on how to request a single payment vendor … 6.D - Paying a Single Payment Vendor of this Chapter for information on how to process a single payment voucher. … mail to military addresses, as outlined on their website . For questions related to processing payments to military …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6p-processing-payment-military-addressNY-Sun Incentive Program (Follow-Up)
… in our initial audit report, NY-Sun Incentive Program (Report 2015-S-91 ). Background The New York State … is charged with oversight of the NY-Sun Incentive Program (NY-Sun), which is part of New York's Clean Energy … Research and Development Authority: NY-Sun Incentive Program ( 2015-S-91 ) …
https://www.osc.ny.gov/state-agencies/audits/2018/06/20/ny-sun-incentive-program-followSelected Aspects of Railcar Fleet Maintenance (Follow-Up)
… usually performed on time, there was still an opportunity for improvement because this was not always the case. We … that Transit and Railway re-assess the 80-percent goal for timeliness of inspections to determine whether a higher … possible savings from extending the inspection interval for the newest classes of cars. Key Findings MTA – NYC …
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/selected-aspects-railcar-fleet-maintenance-followManagement of Cash and Investments
… Transportation Authority effectively managed its cash and maximized its return on investments. Our audit scope period was January 1, … benefit corporation providing transportation services in and around the New York City metropolitan area. The MTA is … Transportation Authority effectively managed its cash and maximized its return on investments …
https://www.osc.ny.gov/state-agencies/audits/2013/02/13/management-cash-and-investmentsInspecting Highway Bridges and Repairing Defects
… York State Thruway Authority (NYSTA) inspects its highway bridges and repairs defects. The audit covers the period … 2012. Background NYSTA is responsible for inspecting its bridges and repairing any defects found during inspections. … engineer. As of July 2012, NYSTA records show it owns 792 bridges. Between January 2008 and July 2012, 610 flags were …
https://www.osc.ny.gov/state-agencies/audits/2013/04/26/inspecting-highway-bridges-and-repairing-defectsSelected Employee Travel Expenses
… employee with travel expenditures totaling $212,573 for audit. Key Finding Most of the $212,573 travel expenses we examined for the one traveler were appropriate. However, College … supporting documentation is received and maintained for travel expenses. Other Related Audits/Reports of Interest …
https://www.osc.ny.gov/state-agencies/audits/2013/11/01/selected-employee-travel-expensesImproper Medicaid Payments to a Transportation Provider (Follow-Up)
… extent of implementation of the recommendation made in our initial audit report, Improper Medicaid Payments to a … liability, financial damages, and sanctions. We issued our initial audit report on September 5, 2018. The audit … progress in addressing the problem we identified in the initial report. The Office of the Medicaid Inspector General …
https://www.osc.ny.gov/state-agencies/audits/2019/10/15/improper-medicaid-payments-transportation-provider-followTravel Advisory No. 2
… of the State Comptroller (OSC) Travel Manual Guidance : In accordance with the OSC Travel Manual an employee’s … where the employee maintains residence) must be designated in the best interest of the State and not for the convenience … an employee or to maximize travel expense reimbursement. In most cases, the official station will be the employee’s …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/2-taxable-travel