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Opinion 89-39
… member who is also an employee of the insurance agency with which the town contracts for insurance coverage would … to purchase insurance coverage from an insurance agency with which the board member is employed. You state that the … further state that the town would not be dealing directly with the branch office which the board member manages and …
https://www.osc.ny.gov/legal-opinions/opinion-89-39DiNapoli: Neighborhood Banks Helping Stabilize, Revitalize City Communities
… Thomas P. DiNapoli today visited Ridgewood Savings Bank, in Clinton Hill, Brooklyn and Spring Bank, in the South … and small businesses to be able to access savings, capital and financial literacy programming. I welcome this … homeownership and entrepreneurship." "Our Clinton Hill branch represents our community-based approach to banking. We …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-neighborhood-banks-helping-stabilize-revitalize-city-communitiesApplication Review and Site Permitting for Major Renewable Energy Projects
… to put the State on a path to zero emissions in all economic sectors, enact standards among the most aggressive … and strengthen infrastructure; and seek to grow economic opportunities and ensure equity and inclusion so all … the environment and consideration of all pertinent social, economic, and environmental factors. In the decision to …
https://www.osc.ny.gov/state-agencies/audits/2024/04/24/application-review-and-site-permitting-major-renewable-energy-projectsDiNapoli: Fulton County Snowmobile President Arrested for Stealing Over $8,000 From Nonprofit
… Mike Poulin announced the arrest of Chad Daley, 52, for allegedly stealing over $8,000 from a nonprofit that … purchase snowmobiles and trailers using the organization’s funds while registering the vehicles to himself. Daley used some of the stolen funds to make at least one deposit on a snowmobile for …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-fulton-county-snowmobile-president-arrested-stealing-over-8000-nonprofitNYS 529 Program, Qualified Withdrawals
… – Provides that the payment of principal and interest on a qualified education loan and Roth IRA rollovers shall be qualified withdrawals under the New York state college choice tuition savings program. Memo Bill Text … shall be qualified withdrawals under the New York state college choice tuition savings program …
https://www.osc.ny.gov/legislation/nys-529-program-qualified-withdrawalsMedicaid – Federal Funding and New York
… jointly funded by the federal government and the states; in New York, counties and the City of New York also make … the state with a 90 percent FMAP for these individuals. In SFY 2025, federal Medicaid spending totaled $69.2 billion … the Division of the Budget (DOB) to grow to $133.7 billion in SFY 2029, of which $73.1 billion is expected to be …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/medicaidSocial Security – Federal Funding and New York
… As of December 2023, 3.8 million individuals in New York received Social Security benefits totaling more … the calendar year. New York's share of the $1.38 trillion in benefits paid by the United States in 2023 was 5.7 percent. More than 80 percent of New York …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/social-securityFiscal Stress Monitoring System – 2022-23 Not Filed and Inconclusive Schools
This list includes schools with a 2023 fiscal year end. The schools noted did not file their annual financial report or reported data that was inconclusive for FSMS purposes as of the date their score was to be calculated, and therefore a fiscal stress score could not be calculated.
https://www.osc.ny.gov/files/local-government/fiscal-monitoring/pdf/2023-schools-not-filed.pdfContinuing Crisis: Drug Overdose Deaths in New York
This report outlines long-term trends and recent developments in the battle to save lives from being lost prematurely to substance use disorder. The data are clear: the battle against drug overdose deaths is more daunting than ever, and will require an ongoing commitment of public resources.
https://www.osc.ny.gov/files/reports/pdf/drug-overdose-deaths.pdfCommon Reporting Errors: From AUD to AFR
In this session, you will learn about common reporting errors made by local governments when completing annual reports and our staff will explain how to correctly report the underlying transactions. The presenters will provide examples of these errors as made in the Annual Update Document (AUD) and
https://www.osc.ny.gov/files/local-government/academy/pdf/common-reporting-errors-aud-afr-12-7-22.pdfFiscal Stress Monitoring System - Not Filed and Inconclusive Schools Fiscal Years Ending 2021
This list includes schools with a 2021 fiscal year end. The schools noted did not file their annual financial report or reported data that was inconclusive for FSMS purposes as of the date their score was to be calculated, and therefore a fiscal stress score could not be calculated.
https://www.osc.ny.gov/files/local-government/fiscal-monitoring/pdf/2021-schools-not-filed.pdfSelected Management and Operations Practices (2020-S-38)
To determine whether the New York Power Authority’s (NYPA) electric vehicle initiatives and programs placed the Charge NY and Charge NY 2.0 charging stations in locations where the intent of these initiatives could be achieved. We also determined whether NYPA’s EVolve NY program met its initial ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-20s38.pdfEconomic and Policy Insight: New York State’s Clean Energy Fund
Between 2016 and 2032, the CEF is approved to collect $7.5 billion. Review of CEF-supported programs indicates some have exceeded the goals set out by the New York State Public Service Commission (PSC), while others appear not to be on track to reach their 2025 targets.
https://www.osc.ny.gov/files/reports/pdf/clean-energy-fund.pdfState Comptroller DiNapoli Releases School Audits
… school finances and operations, my office continues to provide taxpayers the assurance that their money is being … are not properly segregated. The treasurer is permitted to perform all financial duties with no oversight and, in … budgets consistently overestimated appropriations due to conservative budget practices. As a result, the district …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-releases-school-auditsDiNapoli: Wall St. Profits on Pace to Beat 2017
… pretax profits totaled $13.7 billion in the first half of 2018, 11 percent higher than last year, according to a … "Wall Street has profited every year since the end of the recession in 2009, and compensation last year reached … DiNapoli said. "The securities industry is a major source of revenue for New York City and New York State, and is an …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-wall-st-profits-pace-beat-2017DiNapoli Appoints Top Retirement System Staff
… New York State Comptroller Thomas P. DiNapoli has named Colleen … Comptroller and Melanie Whinnery as Deputy Comptroller of the New York State and Local Retirement System (NYSLRS). … in business management and economics from Empire State College and a master’s degree in public administration from …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-appoints-top-retirement-system-staffState Comptroller DiNapoli Statement on City's Preliminary Budget Proposal
… on the pace of the economic recovery. My office will release a full examination of the mayor's budget in the …
https://www.osc.ny.gov/press/releases/2014/02/state-comptroller-dinapoli-statement-citys-preliminary-budget-proposalDiNapoli and Rice Halt Pension Scam
… payments from the New York State and Local Police and Fire Retirement System. “This is an egregious exploitation of … with District Attorney Rice’s office, we were able to protect the integrity of the state pension fund, recoup the stolen money, and send a clear warning to those who try to defraud the system. I thank District …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-and-rice-halt-pension-scamComptroller DiNapoli Releases School Audits
… County ) The district did not properly seek competition for 14 professional service providers totaling $477,235. … The BOCES did not have an adequate number of licenses for certain programs or did not have sufficient documentation … treasurer often did not have supporting documentation. For access to state and local government spending and nearly …
https://www.osc.ny.gov/press/releases/2015/09/comptroller-dinapoli-releases-school-audits-0DiNapoli Finds Schools Falling Short on Emergency Planning
… Comptroller Thomas P. DiNapoli. Auditors found none of the schools met the minimum planning or training requirements … reporting violent incidents. The SAVE Act also requires public school districts, charter schools and BOCES programs … for one school district. These entities include: Argyle Central School District, Candor Central School District, …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-finds-schools-falling-short-emergency-planning