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Comptroller DiNapoli Statement on Elon Musk's Trillion Dollar Pay Proposal & Tesla Board Members
… today announcing that the Fund will vote against Elon Musk’s proposed 2025 pay package and all directors standing for reelection at Tesla Inc.’s Nov. 6, 2025, Annual Meeting. “Elon Musk’s latest … trillion-dollar pay proposal is excessive, waters down the holdings of other shareholders, and gives a captive board …
https://www.osc.ny.gov/press/releases/2025/10/comptroller-dinapoli-statement-elon-musks-trillion-dollar-pay-proposal-tesla-board-membersAbout this Report – 2023 Financial Condition Report
… reports such as the Annual Comprehensive Financial Report (ACFR). Financial condition is a broad concept aimed at …
https://www.osc.ny.gov/reports/finance/2023-fcr/about-reportAbout this Report – 2022 Financial Condition Report
… reports such as the Annual Comprehensive Financial Report (ACFR) . Financial condition is a broad concept aimed at …
https://www.osc.ny.gov/reports/finance/2022-fcr/about-reportJefferson County Probation Department – Restitution Payments (S9-20-10)
… in restitution that could have been used to pay victims with unsatisfied orders: some of the money was collected … policies and procedures. County officials agreed with our recommendations and indicated they will take …
https://www.osc.ny.gov/local-government/audits/county/2021/12/14/jefferson-county-probation-department-restitution-payments-s9-20-10Seneca County Probation Department – Restitution Payments (S9-20-7)
… enforced restitution orders, notified the court when a probationer violated the court order and disbursed victim … violated the court order. As a result, some victims may never receive the payments to which they are entitled. … agreed with our recommendations and indicated they will take corrective action. …
https://www.osc.ny.gov/local-government/audits/county/2021/12/14/seneca-county-probation-department-restitution-payments-s9-20-7Wyoming County Probation Department – Restitution Payments (S9-20-4)
… Department (Department) officials enforced restitution orders, notified the court when a probationer violated the … officials did not always properly enforce restitution orders, notify the court when a probationer violated the … monitor restitution obligations. Six of the 24 restitution orders reviewed had uncollected restitution totaling $1,946. …
https://www.osc.ny.gov/local-government/audits/county/2021/12/14/wyoming-county-probation-department-restitution-payments-s9-20-4Warren County Local Development Corporation – Revolving Loan Program (2021M-102)
… provided adequate oversight of the revolving loan program. Key Findings Corporation officials did not provide adequate oversight of the revolving loan program. For the 15 active loans, we found: Fourteen loan … Eleven loan files did not contain any evidence that annual site visits occurred, annual financial statements were …
https://www.osc.ny.gov/local-government/audits/local-development-corporation/2021/12/22/warren-county-local-development-corporation-revolving-loanTown of Saranac – Town Clerk Operations (2019M-33)
… audit findings and subsequent investigation, the Clerk was arrested on April 29, 2021 and charged with falsifying …
https://www.osc.ny.gov/local-government/audits/town/2022/02/25/town-saranac-town-clerk-operations-2019m-33Henrietta Fire District – Financial Condition (2021M-27)
… and presented budgets indicating the District needed to both increase real property taxes and use appropriated fund balance to close projected budget gaps. As a result, more real … 2017 through 2021. As a result, fund balance increased to $4.4 million on December 31, 2020, which is excessive and …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/07/16/henrietta-fire-district-financial-condition-2021m-27Town of Machias – Supervisor’s Financial Duties (2021M-98)
… Determine whether the Town of Machias Town Town Supervisor Supervisor adequately performs his financial duties …
https://www.osc.ny.gov/local-government/audits/town/2021/09/24/town-machias-supervisors-financial-duties-2021m-98Cobleskill-Richmondville Central School District – Fund Balance Management (2022M-47)
Determine whether the CobleskillRichmondville Central School District District Board of Education Board and officials effectively managed fund balance
https://www.osc.ny.gov/local-government/audits/school-district/2022/08/12/cobleskill-richmondville-central-school-district-fund-balance-managementFinger Lakes Horizon Economic Development Corporation – Revolving Loan Fund Program (2022M-36)
… properly managed and monitored the revolving loan fund program. Key Findings The Board did not properly manage and monitor the revolving loan fund program. As a result, the Board cannot ensure the loan … for managing and monitoring the revolving loan fund program. Except as specified in Appendix A, officials …
https://www.osc.ny.gov/local-government/audits/local-development-corporation/2022/07/08/finger-lakes-horizon-economic-development-corporationCity of Poughkeepsie Industrial Development Agency – Project Approval and Monitoring (2021M-168)
… City of Poughkeepsie Industrial Development Agency (CPIDA) Board properly evaluated and awarded projects and monitored … that received financial benefits. Key Findings The CPIDA Board did not properly evaluate and approve projects and … that received financial benefits. Specifically: The Board did not have a process to adequately oversee and …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2022/07/08/city-poughkeepsie-industrial-development-agency-projectPrattsburgh Central School District – Financial Management (2020M-108)
… that is not needed or used to fund operations. Comply with the surplus fund balance legal limit and use the excess … and capital plans. District officials generally agreed with our recommendations and indicated they planned to …
https://www.osc.ny.gov/local-government/audits/school-district/2020/12/18/prattsburgh-central-school-district-financial-management-2020m-108Young Women’s College Prep Charter School of Rochester – Network and Financial Software Access Controls (2022M-147)
… whether Young Women’s College Prep Charter School of Rochester (School) officials ensured network and financial … whether Young Womens College Prep Charter School of Rochester School officials ensured network and financial …
https://www.osc.ny.gov/local-government/audits/charter-school/2023/01/06/young-womens-college-prep-charter-school-rochester-network-and-financialErie 1 Board of Cooperative Educational Services – Part-Time Temporary Employee Payroll (2022M-167)
… began work. Properly monitor hours worked by PTEs . Two PTEs worked in excess of the total Board-authorized time …
https://www.osc.ny.gov/local-government/audits/boces/2023/03/17/erie-1-board-cooperative-educational-services-part-time-temporary-employee-payrollTown of Tioga – Long-Term Planning (2022M-181)
… safety. The New York State Department of Transportation (NYSDOT) rated a Town-owned bridge as being in poor condition …
https://www.osc.ny.gov/local-government/audits/town/2023/03/31/town-tioga-long-term-planning-2022m-181Ontario-Seneca-Yates-Cayuga-Wayne Board of Cooperative Educational Services – Budget Development (2022M-209)
… $3 million annually. Department heads utilize worksheets to prepare budget estimates, which are then required to be manually input into the financial system by the … There are also no verifications within the worksheets to ensure budget estimates are balanced. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/boces/2023/06/09/ontario-seneca-yates-cayuga-wayne-board-cooperative-educational-services-budgetBrocton Central School District – Claims Audit (2023M-15)
… Had the Board of Education (Board) provided the claims auditor with adequate guidance to perform her duties, we may … Update written policies to define the claims auditor’s duties and provide this guidance and the District’s procurement policy to the claims auditor. Ensure that claims contain sufficient supporting …
https://www.osc.ny.gov/local-government/audits/school-district/2023/08/04/brocton-central-school-district-claims-audit-2023m-15Altmar-Parish-Williamstown Central School District - Financial Condition Management (2018M-258)
… At the end of 2017-18, the District exceeded the 4 percent statutory limit on unrestricted fund balance by about 2 … overestimated appropriations by more than 6 percent due to conservative budget practices. Also, the District … levels. Use the funds in the debt service fund to pay the related debt service expenditures. District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2019/03/08/altmar-parish-williamstown-central-school-district-financial-condition