Search
DiNapoli Named Lead Plaintiff in Crowdstrike Shareholder Lawsuit
… Retirement Fund (Fund), has been appointed lead plaintiff in a securities fraud class action lawsuit filed against the … company’s failed software updates and resulting plummet in share value. “Crowdstrike misled investors by falsely … exposed after it caused one of the largest cyber-disasters in history leading to a worldwide shutdown and billions in …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-named-lead-plaintiff-crowdstrike-shareholder-lawsuitTown of Evans – Employee Benefits (2024M-53)
… by these employees was recorded incorrectly or not at all in the payroll system. Four separation payments totaling …
https://www.osc.ny.gov/local-government/audits/town/2024/09/20/town-evans-employee-benefits-2024m-53Lyme Central School District – Financial Management (2024M-87)
… balance. As a result, they levied more taxes than needed to fund operations and were not transparent with taxpayers. … from 2020-21 through 2022-23. Appropriated fund balance to close projected budget gaps totaling $1.6 million for the … $1.4 million over the 4 percent statutory limit. Did not have written multiyear financial and capital plans to provide …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/25/lyme-central-school-district-financial-management-2024m-87Adult-Use Cannabis Tax Revenue and Retail Dispensaries in New York State
… All counties and New York City are eligible to receive adult-use cannabis (AUC) … The Office of Cannabis Management (OCM) maintains a list of operational adult use cannabis dispensaries, which is …
https://www.osc.ny.gov/local-government/adult-use-cannabis-tax-revenue-and-retail-dispensaries-new-york-stateTown of Butler – Financial Management (2024M-119)
… fund balance policy. As a result, the Board’s ability to properly manage the Town’s fund balance was impaired. The … on the 2023 Annual Financial Report (AFR), required to be filed with the Office of the New York State Comptroller … officials generally agreed with our recommendations and have initiated or indicated they planned to initiate …
https://www.osc.ny.gov/local-government/audits/town/2024/12/24/town-butler-financial-management-2024m-119Town of Dayton – Audit Follow-Up (2019M-221-F)
… report – pdf] [read complete 2020 report – pdf] Purpose of Review The purpose of our review was to assess the Town of Dayton’s (Town) progress, as of November 2024, in implementing our recommendations in the audit report Town of Dayton – Fund Balance …
https://www.osc.ny.gov/local-government/audits/town/2025/03/14/town-dayton-audit-follow-2019m-221-fWyandanch Union Free School District – Budget Review (B25-7-3)
… Wyandanch Union Free School District (District) is located in Suffolk County. Chapter 18 of the Laws of 2020, as amended … of 2020, authorizes the District to issue serial bonds in an aggregate principal amount not to exceed $4.5 million, to liquidate the accumulated deficit in the District ’s general fund as of June 30, 2019. Local …
https://www.osc.ny.gov/local-government/audits/school-district/2025/04/11/wyandanch-union-free-school-district-budget-review-b25-7-3Town of Lodi – Town Hall Capital Project (2024M-130)
… cost, or provide an itemized Project budget or detailed timeline, for the renovation of a church into the new Town Hall and food pantry. The Board did not oversee the …
https://www.osc.ny.gov/local-government/audits/town/2025/07/11/town-lodi-town-hall-capital-project-2024m-130Comptroller DiNapoli Releases School Audits
… district and charter school finances and operations, my office continues to provide taxpayers the assurance that …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-releases-school-audits-0State Agencies Bulletin No. 1377
… legacy cost centers to the new COA accounting structure in SFS will be available for testing Affected Employees The … . Changes to Control D report layouts will be provided in a separate bulletin expected to be released late February. … Agency Actions Agencies who would like to participate in the testing of these layouts, should email the System …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1377-new-york-state-payroll-system-payserv-conversion-statewide-financialState Agencies Bulletin No. 1598
… Purpose: The purpose of this bulletin is to inform agencies of PayServ changes that must occur when an employee is Retired and Rehired. Affected Employees: Employees that … Rehire Job Action and whose ORP or VDC Savings Plans panel is set to Elect are affected. Background: OSC has identified …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1598-terminating-retirement-plans-active-employees-prior-job-action-retireOpinion 96-18
… L 1989, ch 773 as amended by L 1990, ch 17, and City of New York v State of New York , 76 NY2d 479, 561 NYS2d 154, … to the conduct of a referendum on determining Staten Islanders' interest in becoming a separate city). …
https://www.osc.ny.gov/legal-opinions/opinion-96-18Infrastructure Inspection and Maintenance (Follow-Up)
… in our initial audit report, Infrastructure Inspection and Maintenance (2014-S-45). Background Our initial audit … inspection scheduling procedures ensure that all high- and intermediate-importance structures were periodically inspected and whether inspection results were considered when …
https://www.osc.ny.gov/state-agencies/audits/2017/01/12/infrastructure-inspection-and-maintenance-followOn-Time Performance
… non-rush (mid-day and evening) periods, and every hour for overnight service. A SIR train is on time if it arrives at …
https://www.osc.ny.gov/state-agencies/audits/2015/09/15/time-performanceComptroller DiNapoli Statement on Earth Day 2015
… On Earth Day 2015, New York State Comptroller Thomas P. DiNapoli urged businesses and … As trustee of the $176.8 billion New York State Common Retirement Fund, DiNapoli has taken a leading investor role in seeking …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-statement-earth-day-2015Executive Order 111 – Requirements to Purchase Renewable Energy Summary of Implementation of Recommendations at 15 Audited Entities (Follow-Up)
… more energy efficient and environmentally proactive. The New York State Energy Research and Development Authority … Ultimately, only about half of the entities met the Order's goal of increasing renewable energy purchases to 20 percent …
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/executive-order-111-requirements-purchase-renewable-energy-summary-implementationNew NY Broadband Program
… (ESD) has effectively monitored and managed the New NY Broadband Program and whether the Program has achieved its … In 2015, New York State established the $500 million New NY Broadband Program (Program). The goal of the Program was …
https://www.osc.ny.gov/state-agencies/audits/2022/07/01/new-ny-broadband-programDiNapoli Urges New Yorkers to Spend Holiday Gift Cards
… this holiday season in a timely fashion. If not, the money could eventually get turned over to the Office of … fees or having the money turned over to my office as lost funds.” After five years of dormancy, money from unused … balance remaining on the card; and Replacement fees for lost or stolen gift cards. DiNapoli’s office is currently …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-urges-new-yorkers-spend-holiday-gift-cardsNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… States Attorney for the Southern District of New York, and Diego Rodriguez, the Assistant Director-in-Charge of the … return to work in the public sector to the New York State and Local Police and Fire Retirement System. Under New York State law, a …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsState Comptroller DiNapoli Statement on New York City Budget & Financial Plan
… New York State Comptroller Thomas P. DiNapoli released the following statement on Mayor Adams’ preliminary budget proposal: “Mayor Adams put … recovery. The city’s outlook has improved, a result of some good fortune and more proactive planning, but it can …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-statement-new-york-city-budget-financial-plan