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Value of Industrial Development Agencies' Projects Increase Nearly 50 Percent Over Past Decade
… Agencies (IDAs) reported 4,320 active projects valued at $109 billion for 2019, a 3.3 percent, or $3.5 billion, … the New York City IDA provided the lowest net exemptions at $14 per capita, while the Capital District had the highest net exemptions at $92 per capita. Jobs IDAs reported that project operators …
https://www.osc.ny.gov/press/releases/2021/06/value-industrial-development-agencies-projects-increase-nearly-50-percent-over-past-decadeHomes and Community Renewal: Division of Housing and Community Renewal – Physical and Financial Conditions at Selected Mitchell-Lama Developments Located Outside New York City (2022-S-46) 180-Day Response
To determine whether residents of Mitchell-Lama developments, supervised by Homes and Community Renewal’s (HCR) Division of Housing and Community Renewal (DHCR), are provided safe and clean living conditions, and whether funds are properly accounted for and used for intended purposes.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-22s46-response.pdfAFR Modernization - The Statement of Indebtedness and Bond Repayment Schedule Webinar Presentation
This webinar will provide a detailed walkthrough of the Statement of Indebtedness and Bond Repayment Schedules which will be included in the new Annual Financial Report (AFR) currently being developed by our staff at the Office of the State Comptroller (OSC).
https://www.osc.ny.gov/files/local-government/academy/pdf/afr-statement-of-indebtedness-and-bond-repayment-11-3-21.pdfCareer and Technical Education (2019-N-4)
To determine if the New York City Department of Education (DOE) is aligning Career and Technical Education (CTE) programs at the high school level with high-demand, high-growth occupations; ensuring students have reasonable access to CTE programs; and accurately collecting and ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2021-19n4.pdfCareer and Technical Education (2019-N-4) 180-Day Response
To determine if the New York City Department of Education (DOE) is aligning Career and Technical Education (CTE) programs at the high school level with high-demand, high-growth occupations; ensuring students have reasonable access to CTE programs; and accurately collecting and ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2021-19n4-response.pdfReport on the State Fiscal Year 2025-26 Executive Budget
The Executive Budget for Fiscal Year 2026 has been released at a time of great uncertainty. Federal funding is the State’s largest source of revenue, and is estimated by the Division of Budget to total $93.1 billion in State Fiscal Year 2025-26.
https://www.osc.ny.gov/files/reports/budget/pdf/executive-budget-report-2025-26.pdfDiNapoli: $10 Million Ponzi Scheme Unraveled Following Nassau County District Attorney Investigation
… 40 people – many seniors – out of more than $10 million in a Ponzi scheme. "These defendants allegedly took advantage … of people who entrusted their financial futures to them in order to steal millions to fund other business enterprises … Service for their continued partnership and diligence in exposing this fraud." Matthew Eckstein, 48, of Syosset, …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-10-million-ponzi-scheme-unraveled-following-nassau-county-district-attorney-investigationDiNapoli: Funds Dedicated for Highway & Bridge Capital Projects Continue to be Diverted for Operating and Debt Costs
… debt capacity, according to a report issued today by New York State Comptroller Thomas P. DiNapoli. "Taxpayers have … funding to reconstruct, replace and preserve the state’s highways and bridges. Funding comes from dedicated taxes …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-funds-dedicated-highway-bridge-capital-projects-continue-be-diverted-operating-and-debtDiNapoli Applauds as Exxon Finally Agrees to Protect LGBT Rights
… Asset Management. "This is a momentous occasion that calls for celebration. Exxon's refusal to heed investors' and … calls to uphold LGBT rights had made its name a byword for obstinacy," DiNapoli said. "All of us who have fought to … order motivated Exxon's change of heart. We commend Exxon for joining its many Fortune 500 peers and investors in the …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-applauds-exxon-finally-agrees-protect-lgbt-rightsDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… but our investment strategy has allowed us to capitalize on opportunities and minimize risks.” Returns for the Fund's … Last year, the Fund earned a 10.38 percent return on investments and was valued at $160.7 billion. The value …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionOpinion 92-46
… $10,000 over the course of a fiscal year (1991 Opns St Comp No. 91-64, p 169; 1990 Opns St Comp No. 90-35, p 80; 1987 Opns St Comp No. 87-4, p 6; 23 Opns St Comp, 1967, p 866; 11 Opns St …
https://www.osc.ny.gov/legal-opinions/opinion-92-46DiNapoli: DMV Must Do More to Crack Down on Unregistered Auto Repair Shops
… and discovered more than half (583) did not receive a hearing within 12 months from the date the complaint was … 17 months from the time the complaint was filed until a hearing and decision occurred. As a result of the audit, …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-dmv-must-do-more-crack-down-unregistered-auto-repair-shopsNew York State Comptroller DiNapoli Statement on the Death of Martin McGuinness
… "Martin McGuinness was a hero of the peace process and the cause for reconciliation … peace was realized at long last. Northern Ireland today is a symbol of hope for people in conflict throughout the world, hope for the peace and …
https://www.osc.ny.gov/press/releases/2017/03/new-york-state-comptroller-dinapoli-statement-death-martin-mcguinnessCustodial Service Contract Procurement and Oversight
… multiple schools). DOE’s Division of School Facilities (DSF) is responsible for the maintenance, repair, and safe … would handle staffing, including hiring and payroll, and DSF would be responsible for purchasing supplies. DOE …
https://www.osc.ny.gov/state-agencies/audits/2022/04/08/custodial-service-contract-procurement-and-oversightDiNapoli: Tennessee Woman Pleads Guilty to Wire Fraud for Receiving Deceased Mother's New York State and Local Retirement System Benefits
… New York State Comptroller Thomas P. DiNapoli joined the … States Attorney for Eastern District of Tennessee (EDTN) in announcing that Leslie Schwinzer has pleaded guilty to … payments and bi-weekly Social Security payments in a joint account with her daughter, Schwinzer, 46, of Madisonville, …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-tennessee-woman-pleads-guilty-wire-fraud-receiving-deceased-mothers-new-york-state-and-localOversight of Mental Health Education in Schools
To determine what steps the State Education Department is taking to ensure that school districts have the necessary mental health education in place as required by law We also sought to determine what mental health services are available at the school districts
https://www.osc.ny.gov/state-agencies/audits/2022/04/11/oversight-mental-health-education-schoolsDiNapoli: New Law Will Help Local Governments Weather Coronavirus Pandemic
… "rollover" period for bond anticipation notes issued in calendar years 2015 through 2021; providing additional …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-new-law-will-help-local-governments-weather-coronavirus-pandemicDiNapoli: Financial Plan Outlook Has Improved; State Should Now Commit to Further Increasing Reserves
… $15.2 billion in federal assistance and $17.3 billion from tax and other policy actions. “The state’s economic and … fiscal outlook have improved,” DiNapoli said. “Local sales tax collections are up significantly, and our May Cash Report … pressures will subside in the Medicaid program. Increased tax rates on high-income earners will make the state more …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-financial-plan-outlook-has-improved-state-should-now-commit-further-increasing-reservesNYS Comptroller DiNapoli: Amazon Must Ensure Its Business Is Not Adding to Racial Inequality
… safety and was described by Amazon’s General Counsel as “not smart or articulate.” Through its Whole Foods’ division, …
https://www.osc.ny.gov/press/releases/2020/12/nys-comptroller-dinapoli-amazon-must-ensure-its-business-not-adding-racial-inequalityOpinion 91-58
… This opinion represents the views of the Office of the State Comptroller at the time it was … of express statutory authority ( Mills v Sweeney , 219 NY 213; McCabe v Voorhis , 243 NY 401; Kupferman v Katz , 19 …
https://www.osc.ny.gov/legal-opinions/opinion-91-58