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DiNapoli Presses Companies on Political Disclosure
… New York State Comptroller Thomas P. DiNapoli, Trustee of the New York State Common Retirement Fund (Fund), today … proposals seeking the same disclosure from eight more of the Fund’s portfolio companies, including Duke Energy … political spending and are expected to be the subject of shareholder votes at the companies’ annual meetings this …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-presses-companies-political-disclosureDiNapoli: New York City's Financial Outlook Improving
… New York City’s revised four-year financial plan shows substantially smaller out-year gaps than projected by the city in June 2014, mostly because of higher tax revenues and lower projected pension and debt … its health insurance cost-saving targets for fiscal years (FY) 2015 and 2016. While there is always the possibility of …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-new-york-citys-financial-outlook-improvingState Will Save Millions After Audit Uncovers Unnecessary Medicaid Transportation Costs
… for transportation management services it shouldn't have, according to a report released today by State … identified another provider of taxi services that did not have supporting documentation for claims totaling about $2.4 … for transportation management services it shouldnt have …
https://www.osc.ny.gov/press/releases/2017/12/state-will-save-millions-after-audit-uncovers-unnecessary-medicaid-transportation-costsDiNapoli: New York City's Budget Benefits From Strong Economic Growth
… city’s conservative approach to forecasting tax revenues has served it well, helping to close projected budget gaps … setback during the financial plan period. The city has experienced five years of job growth, and the city’s … the city’s economy. Over the past two years, the city has taken steps to increase its reserves. Officials increased …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-new-york-citys-budget-benefits-strong-economic-growthOpinion 92-30
Whether a member of a county governing board who also serves as an unsalaried member of the governing board of a notforprofit agency would have a prohibited conflict of interest if the county entered into a contract with the notforprofit agency to provide services on behalf of the county
https://www.osc.ny.gov/legal-opinions/opinion-92-30State Comptroller DiNapoli Statement on Enacted State Budget
… It is welcome news that the Governor and the Legislature have … 2017-18 state budget. The agreement provides new funding for education, affordable housing and clean water projects, … of spending, revenue and policy decisions in this budget is especially essential. My office will provide more detailed …
https://www.osc.ny.gov/press/releases/2017/04/state-comptroller-dinapoli-statement-enacted-state-budgetXIV.4.C Bank Account Reporting and Reconciliations – XIV. Special Procedures
… of Taxation and Finance is required to publish in the State Register, on or before the last day of each … by the bank should be listed as outstanding checks. List any charges or credits shown on the bank statements that … of the year-end bank statement and account reconciliation; list of outstanding checks (if any); a copy of the check …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv4c-bank-account-reporting-and-reconciliationsXV.13 Federal Funds – Payments – XV. End of Year
… In order for the State to be reimbursed for payments made from federal funds by the end of the fiscal … Guide to Financial Operations REV. 01/06/2020 … In order for the State to be reimbursed for payments made from federal …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv13-federal-funds-paymentsDiNapoli: Taxpayers Moving Out of State Spiked in 2020, Led by Those Leaving NYC
… resident personal income tax (PIT) filers left New York state in 2020, according to State Comptroller Thomas P. DiNapoli. The COVID-19 pandemic …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-taxpayers-moving-out-state-spiked-2020-led-those-leaving-nycDiNapoli Releases Year-End and April Cash Reports
… Tax collections in April were more than $1 billion, or 17 percent lower, than … Plan released earlier this month, according to the April Cash Report released today by State Comptroller Thomas … a number of states experienced unexpected declines in April as most taxpayers settled tax liabilities for 2013. …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-releases-year-end-and-april-cash-reportsNYS Common Retirement Fund Announces Second Quarter Results
… York State Common Retirement Fund’s (Fund) overall return in the second quarter of state fiscal year 2016-2017 was 3.51 … percent for the three-month period ending Sept. 30, 2016, with an estimated value of $184.5 billion, according to New … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund’s …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Announces First Quarter Results
… York State Common Retirement Fund’s (Fund) overall return in the first quarter of the state fiscal year 2016-2017 was 2 … 30, 2016, the Fund has 38.3 percent of its assets invested in publicly traded domestic equities and 15.6 percent in international public equities. The remaining Fund assets …
https://www.osc.ny.gov/press/releases/2016/08/nys-common-retirement-fund-announces-first-quarter-resultsNYS Common Retirement Fund Announces First Quarter Results
… remaining Fund assets by allocation are invested in cash, bonds and mortgages (25.7 percent), private equity (7.7 …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Atlanta, Ga Resident in Pension Fraud Case
… in the Third Degree, for stealing over $204,000 in state pension benefits issued to his deceased mother. As part of … in January 2016, Cook admitted to stealing $204,315.76 in pension benefits issued to his deceased mother, Yvonne … in March 2009. “Hiding the death of a loved one to steal pension benefits is not only shameful, it is crime," State …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-atlanta-ga-resident-pension-fraud-caseDiNapoli: Wall St. 2021 Profits near Record Levels
… extended into the first half of 2021 with $31 billion in pre-tax earnings, beating 2020’s outsized first half … profits of $27.6 billion, even as job losses accelerated in New York City’s securities industry, according to State … to the office,” DiNapoli said. “Financial markets move in cycles, however, and profits will subside at some point. …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… small gaps in the following three years, according to a review of the city’s updated financial plan released … in 2014 (the first job gains since 2011) and is on pace to add nearly 4,000 jobs during 2015. Industry profits were … the city has resumed the process of identifying agency cost-saving initiatives after a two-year hiatus, which funded …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearOpinion 91-53
… or statutory amendments that bear on the issues discussed in the opinion. TOWN BOARD -- Compensation (additional … town board members are assigned additional duties in their capacities as board members, the board may fix their … salary fixed, however, may not exceed the amount set forth in the notice of hearing on the preliminary budget unless a …
https://www.osc.ny.gov/legal-opinions/opinion-91-53Opinion 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 Releases July State Cash Report
… the Division of the Budget (DOB) reduced the projection for General Fund transfers to Capital Projects funds this … General Fund and All Governmental Funds. The General Fund is the major operating fund of the state. All Governmental … including funds from the federal government. The report is accessible in Excel and Adobe formats. Since becoming …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-releases-july-state-cash-reportOpinion 89-45
… to assist the zoning board of appeals (24 Opns St Comp, 1968, p 109; 19 Opns St Comp, 1963, pps 108 and 182). … §27(1). Section 27(1), which provides for the town board, from time to time, to fix salaries for all town officers and … various deductions from gross compensation which may be required. November 8, 1989 Peter G. Crummey, Esq., Counsel, …
https://www.osc.ny.gov/legal-opinions/opinion-89-45