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Comptroller Authority to Audit Local Development Corporations (LDCs)
… Signed into law on December 20, 2019 as Chapter 710 of the Laws of 2019 – A.7476 (Magnarelli) / S.5445 (Skoufis) – Relates to audits by the State Comptroller of certain organizations controlled by municipal corporations … Relates to audits by the State Comptroller of certain organizations controlled by municipal corporations …
https://www.osc.ny.gov/legislation/comptroller-authority-audit-local-development-corporations-ldcs-0New York City Economy Continues to Set Records
… New York City employment reached 4.55 million jobs in 2018, the highest level ever recorded, according to a … 820,400 jobs between 2009 and 2018, more than every state in the nation outside of California, Texas, Florida and New York. Still, most of the jobs added were in employment sectors, such as leisure and hospitality, with …
https://www.osc.ny.gov/press/releases/2019/04/new-york-city-economy-continues-set-recordsComptroller Authority to Audit Local Development Corporations (LDCs)
… (Marchione) – Relates to audits by the State Comptroller of certain organizations controlled by municipal corporations … Relates to audits by the State Comptroller of certain organizations controlled by municipal corporations …
https://www.osc.ny.gov/legislation/comptroller-authority-audit-local-development-corporations-ldcsMedicaid Program – Managed Care Payments to Unenrolled Providers
… Medicaid program by January 1, 2018 (with the exception of certain provider types). Through the screening and provider enrollment process, the Department of Health (DOH) gains a level of assurance over the provider’s validity to provide Medicaid …
https://www.osc.ny.gov/state-agencies/audits/2024/06/04/medicaid-program-managed-care-payments-unenrolled-providersCollection of Fines Related to Tenant Complaints (Follow-Up)
… Objective To assess the extent of implementation of the six recommendations included in our initial audit report, Collection of Fines Related to Tenant Complaints (Report 2018-S-58 ). … To assess the extent of implementation of the six recommendations included in our …
https://www.osc.ny.gov/state-agencies/audits/2023/08/10/collection-fines-related-tenant-complaints-followI.3 Guide to Financial Operations Account Codes Procedure – I. OSC Guide to Financial Operations Overview
… and acts as a useful general reference through all stages of financial system processing. OSC will periodically update … in Chapter IV – Accounting Codes – Uses and Descriptions of this Guide. Guide to Financial Operations REV. 09/14/2015 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-i/i3-guide-financial-operations-account-codes-procedureI.2 Organization of the Guide to Financial Operations – I. OSC Guide to Financial Operations Overview
… sections differentiate between policies related to users of legacy systems and users of the Statewide Financial System (SFS). Chapters are …
https://www.osc.ny.gov/state-agencies/gfo/chapter-i/i2-organization-guide-financial-operationsXVI.4 Accounting Policies and Principles Applicable to Agencies – XVI. Financial Reporting
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4-accounting-policies-and-principles-applicable-agenciesDiNapoli: State Tax Collections Continue to Exceed Projections
… pandemic,” DiNapoli said. “Strong tax collections, coupled with an unprecedented infusion of federal aid, give the state … from final returns and extension requests associated with annual filings increased this year. Fiscal year-to-date … The state’s General Fund ended the first quarter with a balance of just under $15.5 billion, $5.8 billion …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsDiNapoli: MTA Budget Continues to Face Serious Risks
… The Metropolitan Transportation Authority is expected to devote one-fifth of total revenue to debt … to reach $52.6 billion by 2023. As a result, debt service is projected to reach $4.2 billion by 2023, an increase of 59 percent since 2019. Debt service is projected to consume an increasing share of MTA revenues. …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-mta-budget-continues-face-serious-risksGrand Gorge Fire District – Conflict of Interest and Claims Auditing (2020M-151)
… ensured officials did not have prohibited interests in District contracts. Determine whether claims were for appropriate District purposes and audited and approved … required by law. A Commissioner had a prohibited interest in the contracts between the District and his snow plowing …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/04/01/grand-gorge-fire-district-conflict-interest-and-claims-auditing-2020m-151West Sparta Independent Volunteer Fire Department Company Number 1, Inc. – Board Oversight (2025M-44)
… Fire Department Company Number 1, Inc. (Department) Board of Directors (Board) provide adequate oversight of financial operations? Audit Period January 1, 2023 – April … financial activities. The Treasurer maintains custody of, deposits and disburses all Department funds. An …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2025/08/29/west-sparta-independent-volunteer-fire-department-companyXIX.4 Suballocations – XIX. Project Costing (PCIP)
… from other state agencies to support their efforts on the activities of the overall project as well as the need … and activities that the supporting agencies must use on their transactions Supporting agencies are responsible to … cannot be used by the supporting agencies will be handled on a case by case basis. Owning Agency Supporting Agency …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix4-suballocationsState Comptroller DiNapoli and DFS Acting Superintendent Asrow Designate New Banking Development District to Support Community Banking in the Butternut Valley
… and credit union branches across the State where there is a demonstrated need for banking services. DFS administers the program and … through access to nearby, affordable banking services. I’m proud to partner with the Department of Financial …
https://www.osc.ny.gov/press/releases/2026/02/state-comptroller-dinapoli-and-dfs-acting-superintendent-asrow-designate-new-banking-developmentGetting Started with the New Annual Financial Report
Your local government will soon have access to the new Annual Financial Report (AFR), which is replacing the Annual Update Document (AUD). This webinar presentation will provide an overview of how to access and complete filings in the AFR, including a demonstration of new application features.
https://www.osc.ny.gov/files/local-government/academy/pdf/getting-started-afr-2-15-23.pdfGetting Started with the New Annual Financial Report
Your local government will soon have access to the new Annual Financial Report (AFR), which is replacing the Annual Update Document (AUD). This webinar presentation will provide an overview of how to access and complete filings in the AFR, including a demonstration of new application features.
https://www.osc.ny.gov/files/local-government/academy/pdf/getting-started-with-afr-may-2023.pdfNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… P. DiNapoli today wrote to President Biden in support of his planned veto of a resolution that would undo a U.S. Labor Department (DOL) rule that allows managers of retirement funds that are subject to the Employee … DiNapoli today wrote to President Biden in support of his planned veto of a resolution that would undo a US …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionDiNapoli: Audits Lead to Millions of Dollars in Medicaid Savings from Drug Rebate Collections
… correcting problems identified by auditors from the office of State Comptroller Thomas P. DiNapoli, according to a pair of audits released today. Auditors also found that more than … but could still be collected by the state Department of Health (DOH). "New York has been leaving millions of …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-audits-lead-millions-dollars-medicaid-savings-drug-rebate-collectionsComptroller's Fiscal Update: Year-End Results for State Fiscal Year 2011-12, May 2012
Cost containment actions in the State Fiscal Year (SFY) 2011-12 Enacted Budget have greatly reduced the structural deficit that has long plagued the State.
https://www.osc.ny.gov/files/reports/budget/pdf/budget-year-end-results-2011-12.pdfReview of the Financial Plan of the City of New York - May 2007
Recent data have revealed that the City’s economy was much stronger during 2006 than was initially reported, and that strength has continued into 2007.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-1-2008.pdf