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DiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… in lump sum spending with minimal disclosure, according to a report released today by State Comptroller Thomas P. … of dollars in spending lacks key details that would better inform the public about how their tax dollars are … to total $125 million this year and $400 million annually going forward; an estimated $100 million in State Insurance …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadState Agencies Bulletin No. 2240
… SUNY 403(b) Plan 46 413 NBE Tax Deferred Annuity 46 414 NYT Tax Deferred Annuity 46 432 SED Tax Deferred Annuity 47 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2240-suspension-403b-tax-sheltered-annuity-plans-employees-workersDiNapoli: 22 School Districts Designated in Fiscal Stress
… Twenty-two school districts were designated in some level of fiscal stress under New York State … year (SY) ending June 30, 2024, up from 16 districts in fiscal stress the prior year. The low number of districts … with stress designations largely reflects recent increases in state and federal aid. “Pandemic-related federal funding …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-22-school-districts-designated-fiscal-stressXI.10 Third Party Contracting - Contracting "for" the State – XI. Procurement and Contract Management
… A Third Party Contract is one in which a state agency enters into a … or services for the State through a contract with a third party (the “Third Party Contractor”). In many cases, these … A Third Party Contract is one in which a state agency enters into a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi10-third-party-contracting-contracting-stateXI.12.B Contract Assignments – XI. Procurement and Contract Management
… of all transfers under a contract and that their consent is required for certain transfers. State Finance Law, Article … prior written consent when the reason for the transfer is due to a reorganization, merger or consolidation of the … where responsibility for performing under the contract is transferred to an entity independent from the Transferor. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12b-contract-assignmentsXII.6.M Lien Processing and Financial Reporting for Sole Custody Accounts – XII. Expenditures
… System from a sole custody account, the Business Unit is required to ensure it complies with lien administration … options to comply with these requirements: A Business Unit is responsible for providing the following information to OSC … Chapter XII, Section 10.C to determine whether a payment is subject to the reporting requirements. (For example, only …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6m-lien-processing-and-financial-reporting-sole-custody-accountsDiNapoli: Livingston County Woman Pleads Guilty to Stealing Over $25,000 in Her Deceased Mother's State Pension Payments
… account, from which she then withdrew and spent the money. Chatley pleaded guilty to grand larceny in the third … Yorkers can report allegations of fraud involving taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at https://www.osc.ny.gov/investigations , or by …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-livingston-county-woman-pleads-guilty-stealing-over-25000-her-deceased-mothers-state-pensionControls Over the Empire State Supportive Housing Initiative
… audit covered the period from January 2017 through June 2023. About the Program Established in 2016, the Empire State …
https://www.osc.ny.gov/state-agencies/audits/2024/08/08/controls-over-empire-state-supportive-housing-initiativeDiNapoli: MTA Capital Funding Gap May Exceed $12 Billion
… of New Yorkers rely on the MTA transit system and while it is in far better condition than it was 30 years ago, much … to modernize the system. For example, East Side Access is now projected to cost $10.7 billion, more than twice its … to provide input on the upcoming capital program, which is expected to report its findings in September. The …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-mta-capital-funding-gap-may-exceed-12-billionDiNapoli: New York City Projects Surplus in 2017 Despite Slower Tax Collections
… billion to $2.2 billion, and the gaps for fiscal years 2019 and 2020 are essentially unchanged at $2.9 billion and … is an important part of the local economy. An estimated $20 billion in federal funds flow through the state budget to … than 50,000 state contracts, visit www.openbooknewyork.com . The easy-to-use website was created by DiNapoli to …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-city-projects-surplus-2017-despite-slower-tax-collectionsDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… direct sales company in the world by Direct Selling News. For more information on the program, visit: …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundDiNapoli Releases School Audits
… audits of the Brighter Choice Charter Middle School for Boys , Brighter Choice Charter Middle School for Girls , … effectively.” Brighter Choice Charter Middle School for Boys – Financial Operations (Albany County) School officials … audits of the Brighter Choice Charter Middle School for Boys Brighter Choice Charter Middle School for Girls …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-releases-school-auditsDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… potential to enhance the Fund’s return. The partnership is the first of its kind for the Fund. “This innovative … basis,” DiNapoli said. “Identifying new opportunities is key to the continued growth of the Fund’s long-term value. This partnership is designed to help strengthen the Fund as it provides …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsDiNapoli: State Tax Collections Lagging Last Year by $1.2 Billion
… new fiscal year, $1.2 billion less than the same period last year and $315.7 million below projections, according to … of $1.2 billion or 6.1 percent from the same period last year. All Funds spending totaled $41.1 billion in the … billion or 8.3 percent higher than for the same period last year. Significant increases include spending for …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-state-tax-collections-lagging-last-year-12-billionChautauqua County Asst. Treasurer Guilty in $4,100 Theft
… Yorkers can report allegations of fraud involving taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a …
https://www.osc.ny.gov/press/releases/2019/05/chautauqua-county-asst-treasurer-guilty-4100-theftDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… go toward debt payments and peak around 19.5% in 2024 and 2025 before declining slightly. However, after adjusting for … will be at about 16% through at least 2026, which is on par with pre-pandemic levels and a substantial reduction from …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsComptrollers DiNapoli, Lander Urge Fellow Netflix Investors to Support Workers' Rights
… Their shareholder proposal will be subject to a vote at the company’s annual meeting on June 1, 2023. “Workers … City Comptroller Brad Lander. The shareholder proposal at Netflix asks the board “to adopt and publicly disclose a … This included co-filing shareholder proposals at CVS Pharmacy Inc., DoorDash Inc. and Walmart Inc., and separately …
https://www.osc.ny.gov/press/releases/2023/05/comptrollers-dinapoli-lander-urge-fellow-netflix-investors-support-workers-rightsAccessibility for People With Disabilities
… 2010 ADA Standards for Accessible Design (Standards) set minimum scoping and technical requirements for newly designed … be improved, should Parks seek to exceed the ADA’s minimum requirements. Information on accessibility – used to …
https://www.osc.ny.gov/state-agencies/audits/2023/08/10/accessibility-people-disabilitiesDiNapoli: Audit Reveals Hiring and Budgeting Problems in Brentwood School District
A pattern of poor budgeting led the Brentwood Union Free School District to accumulate excessive fund balance as well as reserve funds that surpassed boardapproved amounts and have gone unused according to an audit released today by New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-reveals-hiring-and-budgeting-problems-brentwood-school-districtDiNapoli: New York City's Immigrant Population Playing Increased Role in Economy
… Immigrants accounted for $257 billion in economic activity in New York City in … resident who was not a U.S. citizen at birth, account for 37 percent of the city’s population, the largest share in … a more diverse, skilled and educated workforce is vital for the city and our state to compete and succeed in the …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-new-york-citys-immigrant-population-playing-increased-role-economy