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DiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… Stronger-than-projected year-end budgetary results, fueled by extraordinary one-time … road.” In June, the city adopted its $98.7 billion fiscal year (FY) 2022 budget. Excluding federal aid, the city will … traditional spending increases at this point in the fiscal year. Revenue Upside Boosts Spending in FY 2022 Since the …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingLinkNYC Program Revenues and Monitoring
… Link site inspections. Increase monitoring of the daily “health” of all Links, not just those noted as having issues …
https://www.osc.ny.gov/state-agencies/audits/2021/07/30/linknyc-program-revenues-and-monitoringDiNapoli: Fewer Counties Exceeding Tax Cap
… The number of counties overriding New York’s property tax cap has declined by more than half over …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-fewer-counties-exceeding-tax-capDiNapoli Releases State Cash Report
… more than $1.5 billion in settlement dollars that are not yet appropriated. These funds should be used to fix … spending, contracts and other fiscal issues. These are easily accessible on his transparency website called Open …
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
… permits public sector retirees to earn up to $30,000 per year from public sector employment before their pension benefits are cut off for that year. According to the allegations contained in the …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsOrdinary Death Benefit
… be reduced while a member of the New York State and Local Retirement System (NYSLRS) and the New York State Teachers' Retirement System (TRS) is in service to the full retirement …
https://www.osc.ny.gov/legislation/ordinary-death-benefitDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… investments that face significant climate risk. Last year, DiNapoli’s review of coal companies led to the Fund’s …
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
… System has identified eight villages and three cities in New York that were in some level of fiscal stress in 2020, based on scores that largely reflect the time period …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stressDiNapoli: State Tax Collections Continue to Exceed Projections
… billion from April through June, the first three months of the 2021-22 State Fiscal Year, according to the monthly … “The state is rebounding from the economic impacts of the COVID-19 pandemic,” DiNapoli said. “Strong tax collections, coupled with an unprecedented infusion of federal aid, give the state an opportunity to improve its …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsDiNapoli: Tennessee Woman Pleads Guilty to Wire Fraud for Receiving Deceased Mother's New York State and Local Retirement System Benefits
… 3, 2018, and all payments should have stopped after her death. SSAIG also informed NYSLRS that no death certificate … had been issued for Conklin’s death, just a police report. After Conklin’s death, she continued to receive both … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-tennessee-woman-pleads-guilty-wire-fraud-receiving-deceased-mothers-new-york-state-and-localDiNapoli: New Law Will Help Local Governments Weather Coronavirus Pandemic
… amid the COVID-19 pandemic has been signed into law, New York State Comptroller Thomas P. DiNapoli announced today. “Local governments across New York are facing dire financial consequences from the … Legislature for enacting this important bill quickly.” The new law, sponsored by Sen. Liz Krueger and Assemblyman Fred …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-new-law-will-help-local-governments-weather-coronavirus-pandemicDiNapoli: Former Town Clerk Sentenced for $35,000 Embezzlement
… service and paid back over $35,000 which she stole from property tax payments and dog license fees deposited with the … said. “Thanks to my office’s work with the New York State Police and Fulton County District Attorney Chad Brown we … County District Attorney Brown and the New York State Police. Since taking office in 2007, DiNapoli has committed …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-former-town-clerk-sentenced-35000-embezzlementOpinion 91-58
… approval and whether a proposed facility is consistent with the local waterfront revitalization program. You ask … approval and a favorable determination as to consistency with the local waterfront revitalization program for a … approval and a favorable determination as to consistency with the local waterfront revitalization program for a …
https://www.osc.ny.gov/legal-opinions/opinion-91-58Opinion 95-8
… COUNTY LAW, §§550, 700: Forfeiture moneys distributed to a claiming authority or claiming agent under section … to section 1349(2)(h) may not be used for youth programs. You have requested our opinion concerning certain provisions … and paid pursuant to sections 1349(2)(e) and (f) are distributable to and held in the custody of the district …
https://www.osc.ny.gov/legal-opinions/opinion-95-8Audit Finds Construction Delays in Public Housing Program Across New York State
… orders increased the overall cost of the five contracts from $69.8 million to $76.5 million. For example, there were …
https://www.osc.ny.gov/press/releases/2016/05/audit-finds-construction-delays-public-housing-program-across-new-york-stateDiNapoli: NYC FY 2025 Budget Balanced With Strong Revenues and Cost Savings
… gaps are likely to be larger-than-anticipated by the city in the coming years, underlining the importance of adding to … are strong and formalizing a policy for managing reserves in the future. “New York City has rebounded from the fiscal … cuts. As a result, the city has restored $73 million in FY 2024 and an average of more than $200 million annually …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-nyc-fy-2025-budget-balanced-strong-revenues-and-cost-savingsDiNapoli: Former Medical Office Manager Pleads Guilty to Defrauding New York State Health Insurance Plan
… guilty to defrauding the New York State Insurance Plan (NYSHIP) out of more than $12,000 by submitting phony medical … employment with New York state, her family was enrolled in NYSHIP. When a NYSHIP member uses an out-of-network health care provider …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-former-medical-office-manager-pleads-guilty-defrauding-new-york-state-health-insurance-planDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… Facilities Corporation (EFC) has provided financing for over 2,000 essential local water infrastructure projects … since 1990, but the estimated capital improvement needs for water and sewer projects far exceeds this amount, and … to provide subsidized loans and grants to municipalities for drinking water, wastewater treatment, and other projects, …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterNY ABLE Program Helps New Yorkers With Disabilities Cover Costs
… Earnings and distributions from NY ABLE accounts are tax free provided the funds are used for qualified disability …
https://www.osc.ny.gov/press/releases/2017/12/ny-able-program-helps-new-yorkers-disabilities-cover-costsDiNapoli: Albany Man Pleads Guilty to Stealing More Than $230,000 From Elderly State Pensioner
… taking office in 2007, DiNapoli has committed to fighting public corruption and encourages the public to help fight fraud and abuse. New Yorkers can report …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-albany-man-pleads-guilty-stealing-more-230000-elderly-state-pensioner