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Otisco Fire District – Financial Activities (2025M-42)

… and supported and accurate financial reports were provided to the Board? Audit Period January 1, 2023 – February 4, 2025 … financial records and providing periodic financial reports to the Board. In order to ensure financial activities are properly managed, the …

https://www.osc.ny.gov/local-government/audits/fire-district/2025/08/01/otisco-fire-district-financial-activities-2025m-42

Essex County Industrial Development Agency – Project Approval and Monitoring (2024M-146)

… During the audit period, the Board approved 12 projects with projected investments in their applications totaling … applications was limited. The Board was also not provided with, and did not request, adequate information to monitor … approval and monitoring. Board officials generally agreed with our recommendations and have initiated, or indicated …

https://www.osc.ny.gov/local-government/audits/county/2025/08/15/essex-county-industrial-development-agency-project-approval-and-monitoring-2024m

State Falls Short in Verifying if Companies Qualify for Tax Breaks Under Excelsior Program

… breaks in the first place, according to an audit released today by State Comptroller Thomas P. DiNapoli. DiNapoli’s … breaks in the first place according to an audit released today by State Comptroller Thomas P DiNapoli …

https://www.osc.ny.gov/press/releases/2016/07/state-falls-short-verifying-if-companies-qualify-tax-breaks-under-excelsior-program

NYS Comptroller DiNapoli: Beware Text Message Scam Targeting Retirees

… for reduced taxes, additional money added to their funds and other benefits. A screen capture of a scam text: …

https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-beware-text-message-scam-targeting-retirees

DiNapoli: NYS Office for the Aging Falling Short Funding Program for Seniors

… The New York State Office for the Aging (NYSOFA) failed to spend millions of dollars on programs geared to support senior citizens, even during … The New York State Office for the Aging NYSOFA failed to spend millions of dollars on programs geared to support senior citizens even during the …

https://www.osc.ny.gov/press/releases/2022/01/dinapoli-nys-office-aging-falling-short-funding-program-seniors

DiNapoli: 23 School Districts Designated in Fiscal Stress

… Twenty-three school districts statewide were designated in some level of … P. DiNapoli’s Fiscal Stress Monitoring System for the school year (SY) ending on June 30, 2021, down from 31 school districts in fiscal stress the prior year. “Fewer of … Twentythree school districts statewide were designated in some level of …

https://www.osc.ny.gov/press/releases/2022/01/dinapoli-23-school-districts-designated-fiscal-stress

DiNapoli: State Education Employment Program For New Yorkers With Disabilities Falling Short

… (SED) to help New Yorkers with disabilities gain employment, transition to independent living, and rise out of … the individual plans for achieving participants’ employment goals. I applaud the Governor’s appointment of a … Education Services – Vocational Rehabilitation Supported Employment Program (ACCES-VR) provides vocational …

https://www.osc.ny.gov/press/releases/2022/03/dinapoli-state-education-employment-program-new-yorkers-disabilities-falling-short

DiNapoli: New York’s Workforce Development Programs Lack Governance and Coordination

… New York state has more than 500 workforce development … body to coordinate planning, to make sure the needs of New Yorkers are met, and resources are used effectively, … P. DiNapoli. “Workforce development is crucial to help New York recover from the COVID-19 pandemic, but the programs …

https://www.osc.ny.gov/press/releases/2022/05/dinapoli-new-yorks-workforce-development-programs-lack-governance-and-coordination

DiNapoli: Local Sales Tax Collections Grew by Nearly 17% in May

… reflects reported sales by vendors. The next quarterly numbers (for April-June) will be available in July. Table … State Comptroller DiNapoli’s open data initiative, search millions of state and local government financial records, …

https://www.osc.ny.gov/press/releases/2022/06/dinapoli-local-sales-tax-collections-grew-nearly-17-may

DiNapoli: Wall St. Profits Return to Pre-Pandemic Levels

… the broker/dealer operations of New York Stock Exchange (NYSE) member firms. There are now 126 member firms, down from …

https://www.osc.ny.gov/press/releases/2022/10/dinapoli-wall-st-profits-return-pre-pandemic-levels

DiNapoli: MTA Budget Gaps Driven By Fare Revenue Drop

… and will rebound to make up 32.2% of total revenue by 2026. For this to happen, they’ve included proposed fare … to return to the MTA’s projected levels until after FY 2026. Unlike the other transit systems, the MTA also receives … Transportation Authority Existential Questions Facing National Public Transit Systems Create New Fiscal Pressures …

https://www.osc.ny.gov/press/releases/2022/11/dinapoli-mta-budget-gaps-driven-fare-revenue-drop

DiNapoli: Federal Housing Aid Going Unused Despite New York's Affordable Housing Crisis

… York State Comptroller Thomas P. DiNapoli. “New York is in the midst of a housing crisis and Homes and Community … that support vouchers and needs to maximize participation in the programs it oversees. Too many New Yorkers are … (HQS). Local administrators are required to maintain a log of inspections that failed one or more HQS, submitting …

https://www.osc.ny.gov/press/releases/2023/03/dinapoli-federal-housing-aid-going-unused-despite-new-yorks-affordable-housing-crisis

DiNapoli: State Pension Fund Value $194.3 Billion

… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …

https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billion

DiNapoli Releases Report on Tax Check-Off Donations

… were being collected in various funds but not being spent on the intended purposes in a timely manner. The report … choices for making charitable donations through check-offs on their state PIT returns continue to grow. At the end of …

https://www.osc.ny.gov/press/releases/2021/02/dinapoli-releases-report-tax-check-off-donations

DiNapoli: State Needs to Better Protect Water Supply Infrastructure Against Natural Disasters, Cyberattacks and Terrorism

… had submitted plans, a number of them were over a decade old and some had never submitted a CVA. The review of the 317 … had out-of-date ERPs, including 15 that were over a decade old. 33 water systems (10%) had out-of-date VAs, including 16 over a decade old. 30 water systems (9% of those audited) did not have …

https://www.osc.ny.gov/press/releases/2023/06/dinapoli-state-needs-better-protect-water-supply-infrastructure-against-natural-disasters

DiNapoli Report Highlights MTA's Significant Needs

… be awarded contracts for modernization this year. Subway cars are aging and increasingly prone to break downs. The … in 2022, up from 20 years in 2013. Replacing the oldest cars, which are over 40 years old and break down at nearly … to 2025. It is concerning that some of the replacement cars have arrived with equipment problems. Overall, MTA needs …

https://www.osc.ny.gov/press/releases/2024/02/dinapoli-report-highlights-mtas-significant-needs

DiNapoli Releases Report on State Spending to Implement Raise the Age Law

… implement the provisions of the “Raise the Age” (RTA) law enacted in 2017, with $658.8 million disbursed so far, … responsibility as an adult from 16- to 18-years-old. The law was phased in over two years. As a result, most 16- and … with adults or in state prisons. “Under the Raise the Age law, counties implement the law locally and are reimbursed by …

https://www.osc.ny.gov/press/releases/2025/05/dinapoli-releases-report-state-spending-implement-raise-age-law

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