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NYS Comptroller DiNapoli: Wall Street's 2020 Bonuses Rose Amid Volatility
… year shattered all expectations. The early forecast of a disastrous year for financial markets was sharply … bonus season, up from $29.7 billion in 2019. The growth of the bonus pool is unique after a recessionary event. … have fallen four times since 2008, with an average decline of 12 percent. The securities industry accounts for one-fifth …
https://www.osc.ny.gov/press/releases/2021/03/nys-comptroller-dinapoli-wall-streets-2020-bonuses-rose-amid-volatilityDiNapoli: Health Departments Need to Clean Up Act on Food Safety
… found that food safety inspectors are identifying hundreds of establishments with serious violations, including food … food that has been handled by sick workers. However, many of these food-serving establishments faced no enforcement … could be a recipe for disaster.” The state Department of Health (DOH) is responsible for overseeing New York’s more …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-health-departments-need-clean-act-food-safetyState Comptroller DiNapoli Releases Audits
… Programs (Follow-Up) (2019-F-11) An initial report, issued in December 2017, identified systemic issues with the quality … on to administer the state’s weights and measures program. In a follow-up, auditors found the department made … significant progress addressing the problems identified in the initial audit. Of the four prior audit …
https://www.osc.ny.gov/press/releases/2019/09/state-comptroller-dinapoli-releases-auditsState Comptroller DiNapoli Releases School Audits
… District and the Whitney Point Central School District . “In an era of limited resources and increased accountability, … funds were about 11 percent of the appropriations in the 2015-16 budget. The district also maintained five … unit employees that worked 100 overtime hours or more in the fiscal year ending June 30, 2016. Auditors found no …
https://www.osc.ny.gov/press/releases/2016/12/state-comptroller-dinapoli-releases-school-audits-0NYSLRS Announces Employer Contribution Rates for Retirement System for 2021-22
… (NYSLRS) today announced employer contribution rates for the State Fiscal Year 2021-22 will increase from 14.6 percent to 16.2 percent of payroll for the Employees’ Retirement System (ERS) and from 24.4 percent to 28.3 percent of payroll for the Police and Fire Retirement System (PFRS). NYSLRS is …
https://www.osc.ny.gov/press/releases/2020/09/nyslrs-announces-employer-contribution-rates-retirement-system-2021-22State Comptroller DiNapoli Releases Municipal Audits
… former supervisor was inappropriately reimbursed $1,526 for expenditures on the town’s credit card and did not deposit five cash receipts totaling $22,464 intact, which could indicate cash was diverted. He … or perform annual audits. Auditors determined code enforcement officers did not accurately record …
https://www.osc.ny.gov/press/releases/2024/05/state-comptroller-dinapoli-releases-municipal-auditsOpinion 88-59
… or statutory amendments that bear on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Compensation … village justice); (retroactive payment); (salary increase for village justice) VILLAGE JUSTICE -- Acting Justice … 5-508(4), 5-520(3),(4): The salary appropriated for an acting village justice cannot be paid to the village …
https://www.osc.ny.gov/legal-opinions/opinion-88-59DiNapoli Announces State Contract and Payment Actions for April 2014
… Approved a $9.7 million contract with ALAC Contracting Corp. for bridge rehabilitation at Patchogue Road over the … agreement with the New York State Urban Development Corp. to operate and maintain the Buffalo Harbor State Park. … of Temporary and Disability Assistance grant to Círculo De La Hispanidad. Major Payments Approved Tax Refunds Approved …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-announces-state-contract-and-payment-actions-april-2014State Comptroller DiNapoli Details Progress on Corporate Political Spending Disclosure
… from shareholders, State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), … or against a candidate, or to influence the public for an election or referendum. They also asked the companies to … and similar organizations that financially support candidates and political causes that may not align with a …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-details-progress-corporate-political-spending-disclosureState Comptroller DiNapoli Releases Municipal & School Audits
… not ensure that the town obtained the most favorable terms in the best interests of its taxpayers. Randolph Academy … that were not based on prior-year results of operations. In addition, transparency was impaired because the town’s … accurately, transactions were not always recorded in a timely manner. The clerk-treasurer also did not provide …
https://www.osc.ny.gov/press/releases/2024/12/state-comptroller-dinapoli-releases-municipal-school-auditsState Comptroller DiNapoli Releases Audits
… and two have been partially implemented. New York State Health Insurance Program – CVS Caremark: Effectiveness of CVS Caremark Audits of the Empire Plan Prescription Drug Program (2024-S-4) CaremarkPCS Health, … million in reimbursable costs for the SED preschool cost-based programs. Auditors identified $91,887 in reported costs …
https://www.osc.ny.gov/press/releases/2025/10/state-comptroller-dinapoli-releases-auditsComptroller DiNapoli Releases School Audits
… The district paid $470,355 for overtime and of this total, the district paid $363,482 (77 percent) of the … 2014-15 fiscal years. While the district did not use as much fund balance as planned in these years, the continued … government spending and nearly 50,000 state contracts, visit OpenBookNY . The easy-to-use website was created by …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-releases-school-audits-0Comptroller DiNapoli Releases School Audits
… and the True North Rochester Preparatory Charter School . “In an era of limited resources and increased accountability, … compact agreement with the Brighter Choice Foundation in April 2013. The compact, however, does not provide … detail of the activities the foundation will engage in or how delivery of services will be measured. Charter …
https://www.osc.ny.gov/press/releases/2014/01/comptroller-dinapoli-releases-school-audits-0State Comptroller DiNapoli: Costs Will Climb for Municipal Landfills
… DiNapoli. "Before landfills begin to reach capacity, it is critical that local governments plan for future costs that … facilities, including transfer stations, combustors, recycling centers and landfills. According to the New York … liabilities for landfills totaling $298 million, which is the estimated amount they expect to pay over a 30-year …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-costs-will-climb-municipal-landfillsDiNapoli: Report Finds Mixed Job Picture in Upstate NY
… the overall average annual wage gain in upstate of 3.3 percent outpaced both the downstate and national … come as no surprise that a closer look reveals pockets of the state still have a long way to go to catch up.” … over the next 19 months, to a recessionary low point of 2.9 million in February 2010. As of June 2016, upstate had …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-report-finds-mixed-job-picture-upstate-nyState Comptroller DiNapoli Releases Municipal Audits
… City officials did not implement all recommendations in the previous budget review letter when preparing the … certain significant revenue and expenditure projections in the 2022-23 proposed budget continue to be unreasonable. … and document their evaluation and approval process. In addition, the board did not properly monitor the …
https://www.osc.ny.gov/press/releases/2022/05/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Audits
… Ineligible Members (Follow-Up) (2021-F-17) An audit issued in August 2020 identified $18.2 million that was paid for … time frames, leaving $4.6 million yet to be recovered. In a follow-up, Civil Service and Empire made significant progress in addressing the problems identified in the initial audit. …
https://www.osc.ny.gov/press/releases/2022/01/state-comptroller-dinapoli-releases-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… access to the network or develop an IT contingency plan. This increases the risk of unauthorized access, lost data, and inability to recover from a network disruption. In addition, the district’s use of two central network management tools for over 10 years has created security concerns due to lack …
https://www.osc.ny.gov/press/releases/2023/09/state-comptroller-dinapoli-releases-municipal-school-audits-1State Comptroller DiNapoli Releases Municipal & School Audits
… local government and school audits were issued. County of Putnam – Recreation and Golf Course Collections The … deposited or remitted. For the 2023 fiscal year, 30% of the golf course deposits reviewed were inaccurate. The … totaling $6,180. Auditors also determined 97% percent of the daily golf course settlement reports reviewed were …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-releases-municipal-school-audits-1DiNapoli: New York State Common Retirement Fund Reaches Agreements With Portfolio Companies on Political Spending
… announced today. Agreements were reached with: VF Corp. , the maker of clothing lines such as The North Face … mall operator in the United States; and Brown-Forman Corp. , the maker of Jack Daniel’s whiskey. As a result, … for the 2020 proxy season have been filed with: VF Corp. – Withdrawn with agreement Simon Property Group, Inc. – …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-new-york-state-common-retirement-fund-reaches-agreements-portfolio-companies-political