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DiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… was 5.84% for the state fiscal year that ended March 31, 2025. The Fund closed the year with an estimated value of $272.8 billion. (Note: In July 2025, following the annual audit of the Fund's financials, … volatility has been pronounced in the first half of 2025, with unpredictable actions out of Washington and other …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25DiNapoli: New York May Be Paying Medicaid Premiums for People Living Out-of-State
… found multiple issues with how the state identified out-of-state Medicaid members, and found close to $1.2 billion in … that were paid for members who may have resided outside of New York. Auditors found that the state Department of Health (DOH) did not properly check to confirm that …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-new-york-may-be-paying-medicaid-premiums-people-living-out-stateChautauqua County Asst. Treasurer Guilty in $4,100 Theft
… and Soil District pleaded guilty today to stealing $4,100 in county funds, according to State Comptroller Thomas P. … she collected from the public, instead of depositing them in the bank. DiNapoli’s office discovered the gap during an … with Chautauqua County District Attorney Patrick Swanson in the criminal investigation. Kelley, 48, of Portland, …
https://www.osc.ny.gov/press/releases/2019/05/chautauqua-county-asst-treasurer-guilty-4100-theftDiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… $18.6 billion in the first quarter of the new fiscal year, $1.2 billion less than the same period last year and $315.7 million below projections, according to the … P. DiNapoli. "We're three months into New York's fiscal year and personal income tax collections are falling short of …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionDiNapoli: State Contractor Failed to Pay Prevailing Wages
… A state Office of Mental Health (OMH) contractor hired to provide janitorial services failed to pay its workers prevailing wage rates and tried to hide its non-compliance with state law by misrepresenting … A state Office of Mental Health OMH contractor hired to provide janitorial services failed to pay its workers …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-state-contractor-failed-pay-prevailing-wagesDiNapoli: New Law Will Help Local Governments Weather Coronavirus Pandemic
… amid the COVID-19 pandemic has been signed into law, New York State Comptroller Thomas P. DiNapoli announced today. “Local governments across New York are facing dire financial consequences from the … Legislature for enacting this important bill quickly.” The new law, sponsored by Sen. Liz Krueger and Assemblyman Fred …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-new-law-will-help-local-governments-weather-coronavirus-pandemicDiNapoli: Fewer School Districts Overriding Tax Cap
… high-need districts did so. DiNapoli’s office also found, based on individual calculations, 363 school districts could … us/localgov/pubs/research/snapshot/schooldistricttaxcap0215.pdf For a district-by-district breakdown of tax levy data, download the Excel file here: …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-fewer-school-districts-overriding-tax-capDiNapoli: New York City's Financial Outlook Improving
… New York City’s revised four-year financial plan shows … and debt service costs, according to a report released today by New York State Comptroller Thomas P. DiNapoli. “There have … New York Citys revised fouryear financial plan shows … and debt service costs according to a report released today by New York State Comptroller DiNapoli …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-new-york-citys-financial-outlook-improvingOpinion 91-53
… fixed, however, may not exceed the amount set forth in the notice of hearing on the preliminary budget unless a local … of deputy supervisor is not required to be listed in the notice of hearing on the preliminary budget. (3) A town board … additional salary in excess of the amount set forth in the notice of hearing on the preliminary budget for the highway …
https://www.osc.ny.gov/legal-opinions/opinion-91-53Opinion 95-17
… initially acquired this sand as a gift (see 1975 Opns St Comp No. 75-941, unreported). You ask whether, in lieu of … such district (Town Law, §§61, 198; see also 1987 Opns St Comp No. 87-69, p 104). Although the town board is … for those improvements or their maintenance (1988 Opns St Comp No. 88-33, p 61; see also Belinson v Sewer District No. …
https://www.osc.ny.gov/legal-opinions/opinion-95-17DiNapoli: Fiscal Stress Down Slightly in Villages
… of 22 villages were listed in fiscal stress. “The good news is that the number of villages in fiscal stress has …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-fiscal-stress-down-slightly-villagesDiNapoli: Facilities Using Radioactive Materials or Radiation Equipment in New York City Were Not Always Properly Inspected or Licensed
… The New York City Department of Health and Mental Hygiene (DoHMH) did not always inspect facilities … York City has strict oversight requirements to safeguard health care workers, patients and others from inadvertent … The New York City Department of Health and Mental Hygiene DoHMH did not always inspect …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-facilities-using-radioactive-materials-or-radiation-equipment-new-york-city-were-not-alwaysDiNapoli: New York City's Budget Benefits From Strong Economic Growth
… New York City’s budget is balanced for fiscal year (FY) 2016 … conditions, according to an analysis released today by New York State Comptroller Thomas P. DiNapoli at the annual … New York Citys budget is balanced for fiscal year FY 2016 and … conditions according to an analysis released today by New York State Comptroller Thomas P DiNapoli at the annual …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-new-york-citys-budget-benefits-strong-economic-growthDiNapoli: MTA Budget Gaps Driven By Fare Revenue Drop
… million annually by paying down debt raises questions on how it will find additional savings and revenue to fund … on these efforts, disclose specific actions and identify how they will impact fares and service delivery. “The MTA has … steep fare hikes or service cuts. However, it is unclear how the MTA will avoid these outcomes unless it lays out …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-mta-budget-gaps-driven-fare-revenue-dropDiNapoli: Federal Housing Aid Going Unused Despite New York's Affordable Housing Crisis
… housing agency, Homes and Community Renewal (HCR), can do more to help low-income New Yorkers find housing by making … housing agency Homes and Community Renewal HCR can do more to help lowincome New Yorkers find housing by making …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-federal-housing-aid-going-unused-despite-new-yorks-affordable-housing-crisisOpinion 95-15
… to a school district public library; the Education Law does not expressly authorize a school district to expend … the school authorities to be a school district charge and does not authorize the school authorities to charge back any … with the overall philosophy of this legislation, there does not appear to have been any intent to affect tax refund …
https://www.osc.ny.gov/legal-opinions/opinion-95-15Opinion 91-31
… or statutory amendments that bear on the issues discussed in the opinion. MUNICIPAL FUNDS - Town Charges (costs of … to reimburse a private hospital for expenses incurred in the treatment of an individual who was injured by a rabid animal within the town in the absence of a current certification of the existence of …
https://www.osc.ny.gov/legal-opinions/opinion-91-31DiNapoli: Former Riverside Treasurer Embezzles $80K
… The former treasurer in the village of Riverside, located in Steuben County, stole more than $80,000 in taxpayer funds through extra pay, pocketing cash and using … The former treasurer in the village of Riverside located in Steuben County stole more than $80000 in taxpayer funds …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-former-riverside-treasurer-embezzles-80kDiNapoli: Former Hannibal Fire Chief and Father Arrested
… New York State Comptroller Thomas P. DiNapoli, Oswego County District … Attorney Anthony J. DiMartino, Jr., and the New York State Police today announced the arrest of former Hannibal … had previously attempted to start a go-kart track business on his own property, but in February 2016 he convinced the …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-former-hannibal-fire-chief-and-father-arrestedDiNapoli: State Missing Out on Millions in Medicare Payments for Kidney Patients
… from 2016 to 2018, which includes $17 million in savings for counties and New York City. "New Yorkers dealing with … Develop an outreach program that encourages ESRD-related providers and others to inform ESRD recipients about Medicare … contracts, visit www.openbooknewyork.com . The easy-to-use website was created by DiNapoli to promote openness in …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-state-missing-out-millions-medicare-payments-kidney-patients