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NYS Common Retirement Fund Announces Third Quarter Results
… international equities markets," DiNapoli said. "Our investment strategy is geared toward consistently achieving … mortgages (27.6 percent), private equity (7.8 percent), real estate (6.6 percent), absolute return strategy (3.1 percent) …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsNew York State Comptroller Thomas P. DiNapoli Statement on Executive Budget Proposal
… programs and services that support quality of life in our state, while also ensuring the long-term … of the state’s finances. “With two months left in the state’s fiscal year, tax collections remain relatively … through December. These funds should be used wisely in this shifting economic landscape, and I am pleased the …
https://www.osc.ny.gov/press/releases/2023/02/new-york-state-comptroller-thomas-p-dinapoli-statement-executive-budget-proposalPeconic Bay Community Preservation Fund (2023-MR-1)
… and Southold (Towns) properly administered the Peconic Bay Community Preservation Fund (CPF) to ensure that all … and Southold Towns properly administered the Peconic Bay Community Preservation Fund CPF to ensure that all …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/02/23/peconic-bay-community-preservation-fund-2023-mr-1DiNapoli: Many Homeless Shelters in Poor Condition
… of the state’s homeless shelters outside New York City are in substandard condition with numerous health and safety issues that need to be addressed … “Homelessness is a problem affecting communities in virtually every corner of the state,” DiNapoli said. … of the states homeless shelters outside New York City are in substandard condition with numerous health and safety …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-many-homeless-shelters-poor-conditionDiNapoli: Contractor Charged State for Booze & Sunset Cruise
… Mental health provider PSCH, Inc. charged $152,680 in … or unallowable costs to the state Office of Mental Health (OMH) including alcohol and a sunset cruise at … Mental health provider PSCH Inc charged $152680 in unsubstantiated or unallowable costs to the state Office …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-contractor-charged-state-booze-sunset-cruiseDiNapoli: Former Morley Fire Company Treasurer Pleads Guilty to Stealing Over $16,000
… from the Morley Volunteer Fire Company accounts at the Del Lago Resort and Casino and the Turning Stone Resort Casino. Perkins used the stolen money for personal purchases …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-former-morley-fire-company-treasurer-pleads-guilty-stealing-over-16000DiNapoli: Mobile Sports Betting Adds to State Revenue, But Calls to Problem Gambling Hotline Rise as Gaming Expansion Continues
… $727.4 million in State Fiscal Year (SFY) 2022-2023 and have continued to grow in the first quarter of the … gambling-related calls to the Office of Addiction Services and Supports (OASAS) from 2021 to 2022. “Gaming has … in the last several years,” DiNapoli said. “With the ease and 24/7 availability of mobile betting apps, problem …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mobile-sports-betting-adds-state-revenue-calls-problem-gambling-hotline-rise-gamingComptroller DiNapoli Releases School Audits
… P. DiNapoli today announced his office completed audits of the Burnt Hills-Ballston Lake Central School District , … and the Pelham Union Free School District . “In an era of limited resources and increased accountability, it’s … this time, the board appropriated almost $14.7 million of fund balance, most of which was not used. As a result, the …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-school-audits-1DiNapoli: Audit Finds NYC Needs to Improve Income Verification and Enforcement at Mitchell-Lama Housing
… Some residents of Mitchell-Lama apartments in New York City make far more than the program’s maximum allowed incomes … Thomas P. DiNapoli. The audit found the New York City Department of Housing Preservation and Development (HPD) … of renters and 40 percent of homeowners in New York City exceeded the federal “home affordability threshold” of …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-audit-finds-nyc-needs-improve-income-verification-and-enforcement-mitchell-lama-housingDiNapoli: Court Clerk Pleads Guilty to Stealing More Than $10,000 in Fines
… and the St. Lawrence County Sheriff’s Department found she misappropriated more than $10,000 in court fees, … In addition to taking the funds, the investigation also found that Dillon altered the records to hide her theft. “Ms. … Comptroller and the St Lawrence County Sheriffs Department found she misappropriated more than $10000 in court fees said …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-court-clerk-pleads-guilty-stealing-more-10000-finesDiNapoli: State's Fiscal Outlook Declines
… budget gaps underscore the importance of building up rainy day reserves and enhancing criteria for their use. At the end of SFY 2022-23, statutory rainy day reserves totaled $6.3 billion. The Enacted Budget … grew by $4 billion in SFY 2024-25, $5.3 billion in SFY 2025-26, and $6.3 billion in SFY 2026-27. The gaps are now …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-states-fiscal-outlook-declinesServices to Workers Under the Worker Adjustment and Retraining Notification Act
… Objectives To determine whether the Department of Labor (Department) is providing appropriate and timely … – the workers and businesses in New York State. As part of fulfilling its mission, the Department, through its Division of Employment and Workforce Solutions (DEWS), administers the …
https://www.osc.ny.gov/state-agencies/audits/2023/06/21/services-workers-under-worker-adjustment-and-retraining-notification-actDiNapoli: NYC Health + Hospitals Struggles With Temporary Staffing Costs
… in NYC Health + Hospitals (H+H) facilities, leading to an increased reliance on temporary nurses and higher staffing costs. Between … and September 2022, temporary staffing at H+H grew by 83% to offset the loss of staff nurses while managing demand for … nurses in NYC Health + Hospitals H+H facilities leading to an increased reliance on temporary nurses and higher staff …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-nyc-health-hospitals-struggles-temporary-staffing-costsXIV.14.K SUNY and CUNY Senior Colleges Funds and Public Benefit Corporations – XIV. Special Procedures
… Capital Assets reported for SUNY and CUNY Senior Colleges Funds and the Public Benefit Corporations are obtained from the … statements issued by the entities comprising these funds and are included in the government-wide financial statements … Capital Assets reported for SUNY and CUNY Senior Colleges Funds and the Public Benefit …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14k-suny-and-cuny-senior-colleges-funds-and-public-benefit-corporationsStreet Construction-Related Permits
… City Department of Transportation (DOT) ensures that all street construction permittees have complied with the … roadway construction permits that cover activities such as street openings, sidewalk construction, and installation of canopies over sidewalks. Street opening permits are required for excavations or other …
https://www.osc.ny.gov/state-agencies/audits/2022/06/13/street-construction-related-permitsDiNapoli: Too Many New Yorkers Still Without High-Speed Broadband Access
… of poor planning and execution,” DiNapoli said. “As my office’s audit found, the program took years longer than … Yorkers with broadband access called ConnectALL and it is my hope it learns from the issues we found in this audit so … Understanding Broadband Challenges in New York State Track state and local government spending at Open Book New …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-too-many-new-yorkers-still-without-high-speed-broadband-accessDiNapoli: Rechargeable Battery Use Rising Dramatically, But State Not Enforcing Recycling Law Requirements
… the agency responsible for making sure they get recycled has little knowledge of whether it’s actually … nickel and silver, and lithium-ion, all of which can pose a threat to the environment and human health and safety if … are being recycled in New York as the law requires or how much is being recycled. The agency also does little with …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-rechargeable-battery-use-rising-dramatically-state-not-enforcing-recycling-law-requirementsX.7.B Local Customers – X. Guide to Vendor/Customer Management
… required. (Refer to Chapter XI, Section 7 – Revenue and Repayment Agreements for this Guide for additional guidance …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x7b-local-customersDiNapoli: Syracuse City School District Teacher Pleads Guilty in Time Theft Scheme
… New York State Comptroller Thomas P. DiNapoli and the … was the result of the coordinated efforts of the New York State Comptroller’s Office and the Onondaga County … New York State Comptroller Thomas P DiNapoli and the Onondaga …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-syracuse-city-school-district-teacher-pleads-guilty-time-theft-schemeAudit Finds Operational and Oversight Failures Led to Financial Instability in Mount Vernon
… and services and segregating financial duties, according to an audit released today by New York State Comptroller … and ongoing legal issues. DiNapoli made 29 recommendations to overhaul the operations of the city comptroller’s office … and establish necessary oversight policies and procedures to prevent future problems. “The lack of operational controls …
https://www.osc.ny.gov/press/releases/2022/01/audit-finds-operational-and-oversight-failures-led-financial-instability-mount-vernon