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DiNapoli: Audit Cites East Clinton Fire District For Improper Gifts
… expenses for members, including rent, cable television and college fees, according to an audit released today by … P. DiNapoli. The findings of the Comptroller’s audit and investigation were referred to Dutchess County District … that my office continues to uncover lax oversight and misuse of taxpayer dollars in fire districts. I will …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-audit-cites-east-clinton-fire-district-improper-giftsPension Funds Break New Ground on Board Diversity
… agreements with Monster Beverage Corp. and Standard Pacific Corp. to formally include sexual orientation and gender identity in their considerations when seeking diverse board candidates. Standard Pacific, a California-based homebuilder, is believed to be … agreements with Monster Beverage Corp and Standard Pacific Corp to formally include sexual orientation and …
https://www.osc.ny.gov/press/releases/2015/04/pension-funds-break-new-ground-board-diversityOpinion 90-25
… to compensate a private water-works corporation for the rental of fire hydrants unless a properly authorized contract for such rental exists. Property owners within a zone of assessment in … concerning payments to a water-works corporation for the rental of fire hydrants within a fire district. You indicate …
https://www.osc.ny.gov/legal-opinions/opinion-90-25Town of Shelter Island – Peconic Bay Community Preservation Fund (P7-23-22)
… Shelter Island (Town) officials properly administered the Peconic Bay Community Preservation Fund (CPF) to ensure that … of Shelter Island Town officials properly administered the Peconic Bay Community Preservation Fund CPF to ensure that …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/02/23/town-shelter-island-peconic-bay-community-preservation-fund-p7-23-22Town of East Hampton – Peconic Bay Community Preservation Funds (P7-23-23)
… report – pdf] Audit Objective Determine whether Town of East Hampton (Town) officials properly administered the … Determine whether Town of East Hampton Town officials properly administered the Peconic …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/02/23/town-east-hampton-peconic-bay-community-preservation-funds-p7-23-23DiNapoli: Wall St. First Half Profits Total $13 Billion, Down From 2022
… profits of the broker/dealer operations of New York Stock Exchange (NYSE) member firms. There are now 132 member firms, down from … rest of the nation ($225,620). In the first half of 2023, NYSE member firms have increased their compensation expenses …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-wall-st-first-half-profits-total-13-billion-down-2022DiNapoli Releases February State Cash Report
… to date tax collections were $103 million higher than the latest projections included in the Third Quarter Update to the Financial Plan released with the Executive … date are now in line with the reduced projections in the latest Financial Plan Update," DiNapoli said. Through 11 …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-releases-february-state-cash-reportState Comptroller DiNapoli Announces Political Spending Disclosure Agreements With Seven Companies
… companies to enhance disclosure of their spending on political causes, New York State Comptroller Thomas P. … trustee of the Fund, announced today. “In today’s political climate, corporations that engage in political spending risk damaging their reputations; … companies to enhance disclosure of their spending on political causes New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-announces-political-spending-disclosure-agreements-seven-companiesXVI.4 Overview – XVI. Financial Reporting
… policies for selected specialized areas that apply to agencies in the State reporting entity, accountability for … the Office of the State Comptroller. Some policies apply to all agencies while others affect only selected agencies. Guide to Financial Operations REV. 01/01/2017 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4-overviewIndependent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… and conflict of interest review of the New York State Common Retirement Fund (Fund), released today by New York … The review was conducted by Kroll LLC. “The New York State Common Retirement Fund has proven once again to be a leader … that: “From the Comptroller down through the organization, Common Retirement Fund staff were knowledgeable, …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsQuaker Street Fire District – Board Oversight (2021M-96)
… $27,058, as required by their policy. Approved fuel credit card payments of $4,875 without supporting documentation. Did not ensure the Annual Update Documents (AUDs) were completed and submitted timely. Key Recommendations Ensure … policy requirements are followed. Ensure all fuel card charges are sufficiently supported prior to payment. …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/12/29/quaker-street-fire-district-board-oversight-2021m-96Rolling Stock Programs Department – Selected Aspects of the M9 Rail Car Project Management
… the M9 contract so that the contractor delivers the cars on time, within the required scope and quality, and … 18, 2013, LIRR awarded a contract to procure new M9 train cars. The procurement is managed by LIRR’s Rolling Stock … The contract includes a firm initial base order of 92 cars with options for an additional 584 M9 cars for LIRR …
https://www.osc.ny.gov/state-agencies/audits/2022/03/25/rolling-stock-programs-department-selected-aspects-m9-rail-car-project-managementSmithtown Central School District – Claims Processing and Travel-Related Expenses (2021M-25)
… (Board) ensured claims were adequately documented, for appropriate purposes, and properly audited and approved … ensured the claims we reviewed were adequately documented, for appropriate purposes and properly audited and approved … the District $1,855 by adopting federal per diem rates for travel expenses. Key Recommendations Consider amending …
https://www.osc.ny.gov/local-government/audits/school-district/2021/06/11/smithtown-central-school-district-claims-processing-and-travel-relatedOversight of Telemental Health Services
… the Office of Mental Health is adequately monitoring the delivery and performance of telemental health services and … telemental health activities are conducted in accordance with applicable laws and regulations. The audit covered the … likelihood for oversight issues to occur regarding the delivery of TMH services and a lack of assurance that …
https://www.osc.ny.gov/state-agencies/audits/2021/06/17/oversight-telemental-health-servicesNew York State Comptroller Thomas P. DiNapoli Statement on Moody's Upgrade of New York State General Obligation Bonds
Todays announcement by Moodys Investors Service brings New Yorks rating for its General Obligation bonds and the states other major bonding programs to Aa1 its highest level since the fiscal crisis of the mid1970s
https://www.osc.ny.gov/press/releases/2014/06/new-york-state-comptroller-thomas-p-dinapoli-statement-moodys-upgrade-new-york-state-generalWestchester County Chapter NYSARC, Inc. – Compliance With the Reimbursable Cost Manual
… including costs, that WARC reports to SED on its annual CFR. To be eligible for reimbursement, reported costs … for non-reimbursable food for staff/Board, a holiday party, a staff picnic, and a donation; and $317 in … we identified. To WARC: Ensure that costs reported on annual CFRs fully comply with SED’s requirements, and …
https://www.osc.ny.gov/state-agencies/audits/2021/09/29/westchester-county-chapter-nysarc-inc-compliance-reimbursable-cost-manualIX.9.A Transfer Authorizations – IX. Federal Grants
… may be contained in appropriation acts or within bills that are enacted with the budget to implement various provisions of the appropriation acts. These bills are commonly referred to as "Omnibus Article VII language bills" and provide the authorizations necessary to transfer …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix9a-transfer-authorizationsControls Over Federally Funded Programs and Maximization of Federal Funding
… and Community Renewal is obtaining federal reimbursements on time and in a manner that recovers all costs and … and that the Division receives federal reimbursements on time and in a manner that recovers all funds. However, the … and Community Renewal is obtaining federal reimbursements on time and in a manner that recovers all costs and …
https://www.osc.ny.gov/state-agencies/audits/2021/08/18/controls-over-federally-funded-programs-and-maximization-federal-fundingDiNapoli: MTA's Future Unthinkable Without Aid From Washington
… Transportation Authority's announcement of its plans for severe cuts and other measures, if it does not receive needed federal assistance: “The MTA is … these measures, it will still not be enough. Borrowing for operations will be necessary and push debt service costs …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-mtas-future-unthinkable-without-aid-washingtonExcessive Premium Payments for Dual-Eligible Recipients Enrolled in Mainstream Managed Care and Health and Recovery Plans (Follow-Up)
… premium rates for Medicaid recipients in MMC or HARP who enroll in Medicare and do not need long-term services and support. However, recipients in MMC or HARP who enroll in Medicare but are not eligible for IB-Dual should be …
https://www.osc.ny.gov/state-agencies/audits/2024/05/08/excessive-premium-payments-dual-eligible-recipients-enrolled-mainstream-managed-care-and