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State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… companies seeking capital for growth, to refinance ownership or for early stage investment. The program has …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesDiNapoli: SUNY Campuses Need to Focus on Tuition Paid by Out-Of-State Graduate Students
… by Comptroller Thomas P. DiNapoli. The audit found that many campuses had little or no verification of residency for … student enrollment but with some officials stating they were unaware that residency rules apply or that they were … provide better guidance and support to campuses on how to interpret and apply the Residency Policy to ensure …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-suny-campuses-need-focus-tuition-paid-out-state-graduate-studentsDiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… State Comptroller Thomas P. DiNapoli today announced that, as a result of recent shareholder proposals he has filed on behalf of the New York State Common Retirement Fund … address the challenges they’re facing,” DiNapoli said. “As the state pension fund’s trustee, it’s my responsibility …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksXIII.10.A Refunds Owed to the State by an Employee - Using a State-Issued Check – XIII. Employee Expense Reimbursement
… an expense report, the Business Unit must follow the check cancellation procedures for joint custody bank accounts … an expense report the Business Unit must follow the check cancellation procedures for joint custody bank accounts …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii10a-refunds-owed-state-employee-using-state-issued-checkSpringville-Griffith Institute Central School District – Access to Network and Information Applications (2021M-148)
Determine whether SpringvilleGriffith Institute Central School District District officials adequately secured access to the network student information and financial applications
https://www.osc.ny.gov/local-government/audits/school-district/2022/01/07/springville-griffith-institute-central-school-district-access-network-andAudit 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-vernonDiNapoli: City Property Tax Assessments Show Return to Pre-Pandemic Levels Ahead of Schedule
… component of which are office buildings , are expected to increase by 11.7% in FY 2023, reaching levels just short … 8%, allowing the city’s total overall market values to grow by nearly 8.2% and exceed pre-pandemic levels. “The … in property taxes in FY 2023. Given the tentative increase to taxable assessed values of more than 8%, city revenues are …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-city-property-tax-assessments-show-return-pre-pandemic-levels-ahead-scheduleCOVID-19 Causes Big Financial Hit to NYC Arts, Entertainment and Recreation Industry
… Live Discussion About Industry Challenges on Facebook Today … both arts and entertainment businesses and 63 percent of sports and recreation venues have closed temporarily or … for shuttered arts organizations such as independent live venues, movie theatres and museums, with additional …
https://www.osc.ny.gov/press/releases/2021/02/covid-19-causes-big-financial-hit-nyc-arts-entertainment-and-recreation-industryDiNapoli: NYC Tax Collections Expected to Fall for First Time Since Great Recession
… claims suggest that most of New York City’s job gains over the past decade have been lost due to the economic … claims suggest that most of New York Citys job gains over the past decade have been lost due to the economic …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-nyc-tax-collections-expected-fall-first-time-great-recessionDiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
… during the pandemic provided critical financial support to New York City Health and Hospitals (H+H), but reliable … and timely payments from all government sources is needed to keep the largest municipal health system in the country in … during the pandemic provided critical financial support to New York City Health and Hospitals but reliable funding …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-careDiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… Unrestricted state aid for cities, towns and villages has remained flat or declined … the last decade, according to a report issued today by New York State Comptroller Thomas P. DiNapoli. When adjusted for inflation, unrestricted aid to local governments has … Unrestricted state aid for cities towns and villages has remained flat or declined …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… will fund about $2 billion more in spending (excluding funds set aside for reserves) than was planned in the …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingEast Ramapo Central School District - Textbooks Loaned to Nonpublic School Students (2019M-171)
… and maintained an inventory of textbooks loaned to nonpublic school students. Key Findings The District did not have adequate systems in place to verify that textbooks purchased for and loaned to nonpublic schools were only provided to eligible students. … for and maintained an inventory of textbooks loaned to nonpublic school students …
https://www.osc.ny.gov/local-government/audits/school-district/2020/08/03/east-ramapo-central-school-district-textbooks-loaned-nonpublic-schoolDiNapoli: Pandemic Hit to Sales Tax Revenue Threatening Fiscal Health of Local Governments
… and cities with their own fiscal stability and debt security. These state reductions have at least partially …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-pandemic-hit-sales-tax-revenue-threatening-fiscal-health-local-governmentsCourt-Appointed Executor of Decedent’s Estate Sentenced to Two Years in Prison for Embezzlement
… and United States Attorney for the Southern District of New York Geoffrey S. Berman announced that Gregory Bayard … administrator. Bayard had pled guilty to one count of wire fraud on October 23, 2018. U.S. District Judge Cathy … inheritances. But Bayard disregarded his fiduciary duties when he embezzled more than $1.4 million from his client’s …
https://www.osc.ny.gov/press/releases/2019/10/court-appointed-executor-decedents-estate-sentenced-two-years-prison-embezzlementDiNapoli: Local Sales Tax Collections Up 1.5% in April Compared to Last Year
… Local sales tax collections in New York state increased by 1.5% in April compared to the same month in 2023, according to data released today by State … Local sales tax collections in New York state increased by 15 in April compared to the same month in 2023 according to data …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-local-sales-tax-collections-15-april-compared-last-yearDiNapoli: Local Sales Tax Collections Up 1.6% in February Compared to Last Year
… Local sales tax collections in New York state increased by 1.6% in … outside the city experiencing year-over-year declines for the month. It is imperative that local government … numbers (for January to March) will be available in April. Table Monthly Local Sales Tax Collections by County and Region …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-local-sales-tax-collections-16-february-compared-last-yearDiNapoli: Local Sales Tax Collections Up 3.9% in May Compared to Last Year
… Local sales tax collections in New York state increased by 3.9% in May compared to the same month in 2023, according to data released today by … Local sales tax collections in New York state increased by 39 in May compared to the same …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-local-sales-tax-collections-up-39-percent-in-may-compared-last-yearDiNapoli: Pharma Company Agrees To Bar Its Drugs From Use In State Executions
… led several states to review their policies and put the manufacturers of drugs used in executions in a harsh …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-pharma-company-agrees-bar-its-drugs-use-state-executionsDiNapoli: NYC Emergency Management Failing to Ensure the City is Prepared for Disasters
… Ten years after Superstorm Sandy devastated the New York City metropolitan area, killing dozens of people and causing billions of dollars in damage, the city needs to be better prepared for another catastrophic … Ten years after Superstorm Sandy devastated the New York City metropolitan area killing dozens of people …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nyc-emergency-management-failing-ensure-city-prepared-disasters