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DiNapoli: New York City's Finances on Solid Footing
… transfer of $1 billion from the Retiree Health Benefits Trust to the operating budget and contributed an additional $864 million, raising the Trust’s balance to more than $2.2 billion. The Trust was created to help fund the cost of post-employment …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-new-york-citys-finances-solid-footingDiNapoli: January Tax Collections Fall Short
… Tax (PIT) collections, according to the January state cash report released today by State Comptroller Thomas P. … projections this week. Other findings from the January cash report include: Consumption and use tax collections … year at the same time. DiNapoli's office issues a state cash report every month identifying actual state revenues and …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-january-tax-collections-fall-shortDiNapoli Releases August Cash Report
… Division of the Budget’s August projections, according to the monthly state cash report issued today by State … 10.5 percent, higher than the same period last year. Year-to-date tax collections were $355.6 million higher than the … from a year earlier. The latter increase was primarily due to a nearly 72 percent jump in estate collections so far this …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-releases-august-cash-reportDiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… Thomas P. DiNapoli announced the New York State and Local Retirement System (NYSLRS) employer contribution rates will … 15 percent. While the average contribution rate for the Police and Fire Retirement System (PFRS) will decrease from …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnExecutive Director of Baychester Youth Council Indicted for Stealing More Than $100,000 From Federal Grant
… cash and an examination of surety. Russell is due back in court on August 9, 2016. According to the investigation by … Attorney's Office and the State Comptroller's Office, in 2008, Russell--who has run the Baychester Youth Council … Center. The State Comptroller's Office audited Russell in 2012 and found she used $250,400 for inappropriate or …
https://www.osc.ny.gov/press/releases/2016/07/executive-director-baychester-youth-council-indicted-stealing-more-100000-federal-grantDiNapoli: Medicaid Costs for Diabetes Reach $1.2 Billion
… state’s highest average annual age adjusted diabetes death rate per 100,000 residents for the three years ending in 2013 …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-medicaid-costs-diabetes-reach-12-billionStatement from New York State Comptroller Thomas P. DiNapoli on the Passing of Former Governor Mario Cuomo
… "New York has lost one of its greatest leaders with the … Governor Mario Cuomo. I had the privilege to serve in the State Legislature while he was Governor, and I admired his …
https://www.osc.ny.gov/press/releases/2015/01/statement-new-york-state-comptroller-thomas-p-dinapoli-passing-former-governor-mario-cuomoDiNapoli: New Yorkers Foot the Bill for Billions in Public Authority Spending and Debt
… $3.5 billion since last reported in 2013, with state and local authorities reporting nearly $60 billion in … Thomas P. DiNapoli. Meanwhile, the combined debt of state and local authorities topped a quarter of a trillion dollars. … to identify new resources to help pay for the new Tappan Zee Bridge. To date, however, the Authority has not …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-new-yorkers-foot-bill-billions-public-authority-spending-and-debtNew York State Health Insurance Program – Payments by Beacon Health Options for Mental Health and Substance Abuse Services for Ineligible Members (Follow-Up)
… Objective To assess the extent of implementation of the four … (Civil Service), provides health insurance coverage to over 1.2 million active and retired State, local …
https://www.osc.ny.gov/state-agencies/audits/2024/01/03/new-york-state-health-insurance-program-payments-beacon-health-options-mental-health-andDiNapoli: Audit Finds $6.8 Million in Medicaid Overpayments
… should have been covered by managed care plans, according to an audit released today by State Comptroller Thomas P. … in which the Department of Health’s eMedNY system failed to catch millions in overpayments. To its credit, the department is working to recoup these …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-finds-68-million-medicaid-overpaymentsDivision of Housing and Community Renewal: Physical and Financial Conditions at Selected Mitchell-Lama Developments in New York City
… supervised by Homes and Community Renewal’s (HCR) Division of Housing and Community Renewal (DHCR) are provided safe and clean living conditions, and whether funds are properly accounted for and used for intended purposes. Our audit covered the period from January 2019 through January 2023. About the …
https://www.osc.ny.gov/state-agencies/audits/2023/06/15/division-housing-and-community-renewal-physical-and-financial-conditions-selected-mitchellDiNapoli: Pre-K Special Education Schools Took $1.4 Million in Unallowed Expenses
… taxpayer reimbursements for ineligible costs, according to audits released today by New York State Comptroller Thomas P. DiNapoli. “Our audits continue to find special education providers that make … Children’s Services or go to http://www.osc.state.ny.us/audits . For access to state and local government spending …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-pre-k-special-education-schools-took-14-million-unallowed-expensesDiNapoli: NYC Health + Hospitals Struggles With Temporary Staffing Costs
… in NYC Health + Hospitals (H+H) facilities, leading to an increased reliance on temporary nurses and higher … and September 2022, temporary staffing at H+H grew by 83% to offset the loss of staff nurses while managing demand for … many NYC residents, NYC Health + Hospitals is a lifeline to quality health care, but it is a public health system …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-nyc-health-hospitals-struggles-temporary-staffing-costsDiNapoli: Approves $4.7 Million DOT Bridge Contract After Integrity Monitor Put in Place
… State Comptroller Thomas P. DiNapoli today announced he has … with Limnes Corp. of Whitestone, N.Y., to paint 13 state bridges in Nassau and Suffolk counties after the …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-approves-47-million-dot-bridge-contract-after-integrity-monitor-put-placeDiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… Housing costs in New York City and the surrounding suburbs have grown more than 68% … Comptroller Thomas P. DiNapoli. “Housing costs in New York City and the surrounding suburbs have risen dramatically over … grown at a greater rate. More than half of tenants in the city spend 30% of their income on rent, forcing them to make …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesPeconic Bay Community Preservation Fund (2023-MR-1)
… were proper and supported, and debt service payments were for legitimate CPF purposes and properly allocated. However, … did not: Record dates CPF collections were received for seven out of 27 CPF collections. Deposit nine CPF …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/02/23/peconic-bay-community-preservation-fund-2023-mr-1DiNapoli: Contractor Charged State for Booze & Sunset Cruise
… Mental health provider PSCH, Inc. charged $152,680 in unsubstantiated or unallowable costs to the state Office … Thomas P. DiNapoli. “The rules for conference costs are clear,” DiNapoli said. “And lavish parties with alcohol, … and substance abuse. The provider claimed $152,680 in costs that could not be substantiated or are not allowable …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-contractor-charged-state-booze-sunset-cruiseDiNapoli Releases April State Cash Report
… is primarily due to lower estimated personal income tax (PIT) payments as a result of weaker financial market … due to changes in tax policies at both the state and federal levels as well as economic conditions. April 2016 PIT … Plan Program) and Medicaid (up $377 million primarily from federal sources). The General Fund ended April with a balance …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-releases-april-state-cash-reportDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… fund will continue to be one of the nation’s strongest and best-funded,” DiNapoli said. “While the reduction in employer … our investment decisions are always made based on what is best for our 1.1 million working and retired members and … 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/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDiNapoli: State Tax Receipts Exceed Initial Projections By $7.2 Billion Through First Six Months
… by $7.2 billion through the end of September, according to the monthly State Cash Report released by New York State … Division of the Budget (DOB) in the First Quarter Update to the Financial Plan, released last month. Tax receipts … DiNapoli said. “This provides an excellent opportunity to improve the state’s long-term fiscal standing by using …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-state-tax-receipts-exceed-initial-projections-72-billion-through-first-six-months