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XIV.4.B Establishment and Closing of Bank Accounts – XIV. Special Procedures
… Each agency must obtain authorization from the OSC Bureau of State Accounting Operations Cash Management Unit (BSAO … bank account through a request in writing. Upon receipt of the agency's formal request for a bank account, OSC will … evaluate the request to determine if the establishment of the account is consistent with all relevant rules, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv4b-establishment-and-closing-bank-accountsDiNapoli: Village Fiscal Stress Declines Again
… Stress Monitoring System has identified nine villages in New York in some level of fiscal stress in 2016. Three villages were designated in "moderate fiscal … Stress Monitoring System has identified nine villages in New York in some level of fiscal stress in 2016 …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-village-fiscal-stress-declines-againAuditing Travel/Conference Claims – Travel and Conference Expense Management
… is required by law and is an essential internal control for ensuring that travel policy requirements are consistently … The auditing body or official 9 should be looking for completeness, accuracy and original documentation. The … and attendees, etc.)? Are original receipts attached for all expenses that are being sought for reimbursement? …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/auditing-travelconference-claimsDiNapoli: Local Sales Tax Collections Up 3.9% in May Compared to Last Year
… local collections totaled $1.78 billion, up $66.4 million from the same time last year. “Local sales tax growth … increases. These monthly sales tax collections are from the cash distributions made to counties and tax-imposing … local collections totaled $178 billion up $664 million from the same time last year …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-local-sales-tax-collections-up-39-percent-in-may-compared-last-yearNew York’s Balance of Payments in the Federal Budget: Federal Fiscal Year 2019
… Data View Interactive Map Read Press Release Message from the Comptroller November 2020 In the wake of the COVID-19 pandemic, New Yorkers have seen how the immense fiscal resources of the federal government … In the wake of the COVID19 pandemic New Yorkers have seen how …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-federal-fiscal-year-2019New York State Comptroller DiNapoli: Wall Street Profits Rose in 2018, But Bonuses Fell
… Securities industry profits in 2018 were 11 percent higher than the previous year, but the average bonus paid to industry employees in New York City declined by almost 17 percent to $153,700, … Securities industry profits in 2018 were 11 percent higher than the previous year but the …
https://www.osc.ny.gov/press/releases/2019/03/new-york-state-comptroller-dinapoli-wall-street-profits-rose-2018-bonuses-fellDiNapoli: Local Sales Tax Collections Near Flat in January Compared to Last Year
… remain cautious in their sales tax revenue projections for 2024.” In January 2024: New York City’s collections totaled $873 million, an …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-local-sales-tax-collections-near-flat-january-compared-last-yearDiNapoli: Audits Find More Than $1 Million of Waste in New York's Medicaid Program
… (DOH) inappropriately paid more than 29,000 pharmacy claims worth nearly $1 million over a 27-month period for thousands of Medicaid recipients whose benefits were already covered by … eMedNY, the computer system DOH uses to process Medicaid claims and make payments, did not deny improper …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-audits-find-more-1-million-waste-new-yorks-medicaid-programDiNapoli Op-Ed in Times Union: NY Needs an Independent Commission to Review State's COVID Response
… of the Olson Group’s COVID-19 report and the need for an independent commission to review the state’s pandemic … COVID-19 pandemic upended the lives of New Yorkers and, for thousands of families, led to devastating losses of loved ones. For us all, and especially for the families of those who died …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-op-ed-times-union-ny-needs-independent-commission-review-states-covid-responseXIV.14.J Depreciation and Modified Approach for Infrastructure Capital Assets – XIV. Special Procedures
… the results using a measurement scale; Estimating each year the annual amount necessary to maintain and preserve the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14j-depreciation-and-modified-approach-infrastructure-capital-assetsNew York State Comptroller DiNapoli Statement in Response to Majority Support at Exxon Annual Meeting
… Climate change is one of the greatest long-term risks we face in our portfolio and has direct impact on the core …
https://www.osc.ny.gov/press/releases/2017/05/new-york-state-comptroller-dinapoli-statement-response-majority-support-exxon-annual-meetingVendor File Advisory No. 4
… for both agencies and vendors doing business with NYS. References : Guide to Financial Operations, Chapter X, Section 3 - Vendor Registration and Vendor Self-Service Login Guide . …
https://www.osc.ny.gov/state-agencies/advisories/vendor-file-advisory/4-prompt-vendor-registrationDiNapoli: Special Education Pre-K Provider Claimed Nearly $1 Million in Ineligible Expenses
… Learning Center Inc., claimed nearly $1 million in expenses that did not qualify for reimbursement from … ended June 30, 2013, DiNapoli’s auditors found $942,998 in reported costs that did not meet the state’s requirements … for reimbursement. The ineligible costs included $621,356 in personal service costs and $321,642 in other than personal …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-special-education-pre-k-provider-claimed-nearly-1-million-ineligible-expensesDiNapoli: Despite Challenges, Agriculture Among the Most Resilient State Industries During the Pandemic
… resilient during the COVID-19 pandemic, losing just 1% of jobs in 2020 compared to the statewide annual employment loss of 8.7%. Both employment and wages in the farming sector grew in 2021 to reach new highs of 23,868 employees and $970.2 million in wages. “Agriculture …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-despite-challenges-agriculture-among-most-resilient-state-industries-during-pandemicNew York’s Economy and Finances in the COVID-19 Era (May 13, 2021)
… May 13, 2021 Edition Economic Impact Payments in New York Since March 2020, the federal government has enacted … of this, $23.8 billion (or 5.8 percent) was received by New York residents, accounting for 1.6 percent of New … from enacted tax increases and the legalization of online sports betting and recreational marijuana use. These …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-may-13-2021DiNapoli: Office Has $14.5 Billion in Unclaimed Funds; Urges New Yorkers to Claim Lost Money
… today announced that his office has over $14.5 billion in unclaimed funds and urged New Yorkers to see if any of it … record for the third consecutive year for the most unclaimed funds returned in one year totaling $452 million. … our website." There are currently more than 35 million unclaimed funds accounts, some dating back to the 1940s. …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-office-has-145-billion-unclaimed-funds-urges-new-yorkers-claim-lost-moneyLocal Sales Taxes Surge 49.2 Percent in April-June 2021 Over Same Quarter in 2020: Statewide Collections Strong Even Compared to Pre-Pandemic Period
Local sales tax collections in New York State grew by 49.2 percent, or just over $1.6 billion, in the second quarter of 2021 compared to the same period last year, a dramatic increase from last year’s weak collections during the first wave of the COVID-19 pandemic.
https://www.osc.ny.gov/files/local-government/publications/pdf/local-sales-taxes-surge-in-april-june-2021.pdfGrowth in Local Sales Tax Collections Slows to 2.4 Percent in First Half of 2014; Long Island and Southern Tier Collections Decline
Growth in Local Sales Tax Collections Slows to 2.4 Percent in First Half of 2014; Long Island and Southern Tier Collections Decline
https://www.osc.ny.gov/files/local-government/publications/pdf/localsalestaxcollections0714.pdfDiNapoli: NYC Transit Must Ensure Cameras and Security Equipment Are Maintained and in Working Order
… equipment, including Closed-Circuit Televisions (CCTVs) in the subway system, to avoid future unexpected failures, an … because of staff reductions, and that the large increase in security equipment further reduced its ability to conduct … not indicated” for 53 repairs and “Other” for 41 repairs. In one instance, an order to repair a CCTV system was created …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-transit-must-ensure-cameras-and-security-equipment-are-maintained-and-working-orderComptroller DiNapoli & A.G. Schneiderman Announce Guilty Plea of Former Highway Superintendent in Public Corruption Case
… former Highway Superintendent for the Town of Erin, in a public corruption case involving the theft of more than $65,000 in goods and services from the town. Burlew today entered a guilty plea before The Honorable James Hayden in Chemung County Court to the charge of Grand Larceny in the …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-ag-schneiderman-announce-guilty-plea-former-highway-superintendent-public