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DiNapoli: 14 School Districts Designated in Fiscal Stress
… from 23 districts in fiscal stress the prior year. This is the lowest incidence of fiscal stress recorded for schools … of the largest increases in aid. However, the federal aid is temporary so school district officials may face difficult … one school district in “significant fiscal stress,” which is the highest category - Mount Vernon City School District …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-14-school-districts-designated-fiscal-stressDiNapoli: Daughter Allegedly Stole Over $240K in Deceased Father's NYS Pension Payments
… said Assistant District Attorney Erin Bates, who is handling the prosecution of this case. “Building trust in … in Albany City Court before Judge John Reilly, and is due back in court on April 14, 2023. The charges filed in this case are merely accusations and the defendant is presumed innocent unless and until proven guilty in a …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-daughter-allegedly-stole-over-240k-deceased-fathers-nys-pension-paymentsDiNapoli: New York City's Budget Outlook Improves
… New York City’s budget outlook for Fiscal Year (FY) 2025, but funding for education and social services remain … immigration reform.” The city’s Preliminary FY 2025 budget and January Financial Plan enabled the city to … (adjusted for prepayments), close its $7.1 billion FY 2025 budget gap, and reduce its out-year gaps. The January …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… outlook . With this improved financial picture, the burden is now on the MTA to improve the region’s transit system and … rising an average of 4% annually from 2023 through 2027 is partially driven by an 8% increase in health and welfare … million to $750 million a year and reduce ridership. MTA is also relying on revenue from planned downstate casinos to …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli Analysis Finds Sharp Decline in Homeless Veterans in New York
… support,” DiNapoli said. “With federal support, New York is leading the way in reducing homelessness for our veterans. … to housing and other issues affecting our veterans is a necessary expression of our appreciation and a … or older who served during the Vietnam era. New York City is home to the largest population of veterans in the state …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-analysis-finds-sharp-decline-homeless-veterans-new-yorkDiNapoli Urges Companies to Join Workplace Pledge to Fight Antisemitism
… incidents in the United States and the rest of the world is a cause for alarm,” DiNapoli said. “Companies need to take … from discrimination and harassment. Protecting that right is fundamental to the success of any organization. Companies … Retirement Fund The New York State Common Retirement Fund is one of the largest public pension funds in the United …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-urges-companies-join-workplace-pledge-fight-antisemitismDiNapoli: 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: Tennessee Woman Pleads Guilty to Wire Fraud for Receiving Deceased Mother's New York State and Local Retirement System Benefits
… Schwinzer hid her mother’s death for two years to steal money from the New York State and Local Retirement System,” … 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/2022/03/dinapoli-tennessee-woman-pleads-guilty-wire-fraud-receiving-deceased-mothers-new-york-state-and-localOrdinary Death Benefit
… and the New York State Teachers' Retirement System (TRS) is in service to the full retirement age. Memo Bill Text … and the New York State Teachers Retirement System TRS is in service to the full retirement age …
https://www.osc.ny.gov/legislation/ordinary-death-benefitDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… pension plan in the country, announced today. This action is tied to DiNapoli’s comprehensive Climate Action Plan to … of sand, water, clay and bitumen. Oil sands production is more costly and carbon-intensive than other forms of crude … Retirement Fund The New York State Common Retirement Fund is the third largest public pension fund in the United States …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesDiNapoli: Eight Villages, Three Cities Designated in Fiscal Stress
… full extent of the pandemic’s impact on local communities is unclear and the fiscal landscape continues to change. … Falls (Dutchess). The village of Fayetteville (Onondaga) is designated as being in “moderate fiscal stress” and the … Toolkit for New Yorkers Find out how your government money is spent at Open Book New York . Track municipal spending, …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stressDiNapoli: Fewer Counties Exceeding Tax Cap
… to only six in 2015, according to a report issued today by State Comptroller Thomas P. DiNapoli. The report also noted … sources include sales and use taxes (33 percent), state and federal aid (23 percent) and other local revenues … For access to state and local government spending and for information on …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-fewer-counties-exceeding-tax-capDiNapoli Releases State Cash Report
… according to the monthly state cash report issued today by New York State Comptroller Thomas P. DiNapoli. The General … anticipated levels, primarily representing a $485 million monetary settlement received in May that was not included in … easily accessible on his transparency website called Open Book New York ( www.openbooknewyork.com ). …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… York Field Office of the Federal Bureau of Investigation (FBI) announced the indictment of MICHAEL J. VATTER, the Chief … Mr. Bharara praised the investigative work of the FBI, the Office of the New York State Comptroller, the Orange …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsDiNapoli: Pandemic Disrupts Special Education; Many Students Missing Mandated Services
… $15 billion in federal emergency education aid under three relief packages. DiNapoli said school districts should …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-pandemic-disrupts-special-education-many-students-missing-mandated-servicesDiNapoli: State Tax Collections Continue to Exceed Projections
… better prepare for future uncertainties. The state should use these revenues to bolster reserves or for pay-as-you-go … billion over projections. Year-to-date, consumption and use tax collections totaled $4.8 billion, $1.5 billion, or … General Fund ended the first quarter with a balance of just under $15.5 billion, $5.8 billion higher than projected …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… of planned savings initiatives ($315 million). By FY 2025, the city will still incur more than $1 billion in … city’s expired labor contracts remains a question in the near future. Coupled with a target of $1 billion in labor … spending risks still exceed $600 million in FY 2023, and near $1 billion in FY 2025. In order to achieve long-term …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spending