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DiNapoli Audit: Pre-K Special Education Provider Spent $2.5 Million in Unallowed Expenses
… benefit,” DiNapoli said. “Unfortunately, once again we’ve found another school that failed to spend the money … employees worked solely for its related services program. When DiNapoli’s auditors asked Starting Point officials to … provide documentation explaining where staff worked and when. Starting Point’s financial mismanagement existed …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-audit-pre-k-special-education-provider-spent-25-million-unallowed-expensesDiNapoli: New York State Ranked First Nationwide in Nonprofit Jobs And Organizations
… first nationwide in nonprofit jobs and organizations, with nearly 1.3 million employees and more than 31,000 … to promote openness in government and provide taxpayers with better access to the financial workings of government. … … first nationwide in nonprofit jobs and organizations with nearly 13 million employees and more than 31000 …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-new-york-state-ranked-first-nationwide-nonprofit-jobs-and-organizationsLocal Sales Tax Collections Increased by 3% in July Compared to Last Year
… collections in New York state grew by 3% in July compared to the same month in 2022, according to an analysis released today by State Comptroller Thomas P. … amounts are based on estimates of what each municipality is due. In the third month of each calendar year quarter, …
https://www.osc.ny.gov/press/releases/2023/08/local-sales-tax-collections-increased-3-july-compared-last-yearDiNapoli: State is Slow in Disbursing Some Federal Relief Funds for Housing
… is a deadline on using federal COVID-19 funds, delays in allocating it to specific housing projects or housing relief programs could result in funds being lost. “The state continues to navigate the … said. “We need every dollar available for housing needs in our state, particularly those that can help bolster …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-state-slow-disbursing-some-federal-relief-funds-housingDiNapoli Announces Nominee for the Commission on Ethics and Lobbying in Government
… today announced his nomination of Nancy G. Groenwegen to the Commission on Ethics and Lobbying in Government. Groenwegen previously served as counsel to the Comptroller from 2010 to 2019. “Nancy is well known for her integrity and …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-announces-nominee-commission-ethics-and-lobbying-governmentDiNapoli: Lax Oversight of Medicaid Payments Behind $700 Million in Improper Payments
… on taxpayers. This time, failure to effectively monitor money allowed $701 million worth of improper spending, and …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-lax-oversight-medicaid-payments-behind-700-million-improper-paymentsDiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… (Fund) received a $33.8 million return from its investment in Autotask, an IT company located near Albany, according to … pension fund, which made six times our original investment in Autotask,”said DiNapoli. “As part of the Fund’s diverse investment strategy, the In-State Program helps provide retirement security for state …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundOyster Bay Water District – Payments in Lieu of Health Insurance (2017M-43)
… to review payments in lieu of health insurance coverage for the period January 1, 2015 through October 31, 2016. …
https://www.osc.ny.gov/local-government/audits/district/2017/06/02/oyster-bay-water-district-payments-lieu-health-insurance-2017m-43DiNapoli: Rise in NYC Metro Area Housing Costs Outpaces Other U.S. Cities
… Housing costs in New York City and the surrounding suburbs have grown more than 68% over the … to 34% nationally. Renters Most Burdened By Housing Costs One million tenants or 53% of households spent over 30% of … development. DiNapoli’s report noted the city has taken some action to support the development of new housing and has …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-rise-nyc-metro-area-housing-costs-outpaces-other-us-citiesDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… that investing in financial literacy will pay dividends for our young people later in life. Recently, the state … skills, and/or experiences do you think are important for all students to have by the end of high school?” One of … managing money, living within one’s means, saving for retirement...” Financial literacy clearly has the attention …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsDiNapoli: Audit Recommends Labor Department Step Up Investigations of Violations in NYC
… Weaknesses in how the state Department of Labor (DOL) investigates labor law violations in New York City have led to significant delays in holding violators accountable and attaining restitution …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-audit-recommends-labor-department-step-investigations-violations-nycDiNapoli Op-Ed: New York Needs to Boost Financial Education in Our Schools
… P. DiNapoli. The full op-ed is below: New York needs to boost financial education in our schools Young people in … high school. New York should get with the program. I issued an Executive Order on Financial Literacy in 2019 … finance as a requirement to obtain a high school diploma. I’m encouraged that the issue of personal finance was …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-op-ed-new-york-needs-boost-financial-education-our-schoolsDiNapoli: Pandemic Necessity and Opportunity Fuel Business Growth in New York City
… Small businesses with fewer than five employees grew over 10% … the city’s economy, but resilient New Yorkers fueled small business growth. Changes to how people work and how … New York City Industry Sector Dashboards New York City Restaurant, Retail and Recreation Sectors Still Face Uphill …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-pandemic-necessity-and-opportunity-fuel-business-growth-new-york-cityDiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… As the Metropolitan Transportation Authority (MTA) adjusts to the loss of $15 billion in congestion pricing … today by State Comptroller Thomas P. DiNapoli. “The MTA’s decisions in the coming weeks and months will affect …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingNY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… New York State Comptroller Thomas P. DiNapoli was joined in Belfast by Joseph Kennedy III, U.S. Department of State … to announce a new $50 million commitment to invest in Northern Ireland companies from the New York State Common … economic relationship,” DiNapoli said. “Our commitments in Northern Ireland have provided a solid return and that’s …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandDiNapoli: Huntington Man Charged With Stealing Over $56,000 in State Pension Payments
… New York State Comptroller Thomas P. DiNapoli and Suffolk … Attorney Raymond A. Tierney today announced the arrest of former Town of Huntington employee Moses K. Johnson, 63, … 16, 2021. It is alleged that Johnson failed to notify the bank or the New York State and Local Retirement System of his …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-huntington-man-charged-stealing-over-56000-state-pension-paymentsDiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… reported 4,324 active projects with an aggregate value of $126 billion in 2021, a 10.4%, or $11.9 billion, increase … compared to 2020, according to a report released today by State Comptroller Thomas P. DiNapoli. The number of IDA … these projects are creating or retaining the jobs and economic benefits they are supposed to. Publishing this …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… more.” The Medicaid Drug Rebate Program (MDRP) was created in 1990 to lower government expenses. DOH is supposed to … making them ineligible for rebates. For example, on one claim where Medicaid actually paid $25,553, DOH could have … of $16,149 but instead the claim was incorrectly excluded from invoices sent to the drug manufacturer. Rebates are …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… during the year, the price of those goods continued to rise, sustaining high year-over-year growth in collections. …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… the mid-point of the fiscal year, were below collections in five of the first six months of last year. Collections … were $918.7 million lower than original projections in the Enacted Budget Financial Plan, but $11.3 million … drop of 3 percent, or $734.3 million, from the same period in SFY 2015-16. PIT collections were $1.2 billion below …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-year