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DiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… AIM funding from SFY 2012 to SFY 2019 and 99% of it in SFY 2021. Many cities are disadvantaged relative to their …
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
… one-time federal relief, will mostly be used to fund new spending, with a smaller portion set aside to build up … reserves), but city-funded spending will still grow to $78.3 billion by FY 2025 and does not include out-year funding … $500 million deposit into its Revenue Stabilization Fund (i.e., a rainy-day fund), bringing the fund to $1 billion. It …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingCourt-Appointed Executor of Decedent’s Estate Sentenced to Two Years in Prison for Embezzlement
… announced that Gregory Bayard was sentenced to 24 months in prison in White Plains federal court for embezzling approximately … today’s sentence. "Mr. Bayard abused the trust placed in him and pocketed $1.4 million from an estate he was …
https://www.osc.ny.gov/press/releases/2019/10/court-appointed-executor-decedents-estate-sentenced-two-years-prison-embezzlementDiNapoli: Two Arrested for Stealing More Than $200,000 From 86-Year-Old State Pensioner
… Attorney Mary Pat Donnelly and the New York State Police today announced the arrests of Amber Diacetis, a 30-year-old … Attorney Mary Pat Donnelly and the New York State Police today announced the arrests of Amber Diacetis a 30yearold …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-two-arrested-stealing-more-200000-86-year-old-state-pensionerNY State Comptroller DiNapoli Announces Responsible Workforce Management Policy for Private Equity Investments
… Proxy Voting Guidelines , which outline expectations for public companies in its global equities portfolio. NYS Common … York State Common Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and …
https://www.osc.ny.gov/press/releases/2024/04/ny-state-comptroller-dinapoli-announces-responsible-workforce-management-policy-private-equityDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… in local projects remain in the pipeline, according to a report by State Comptroller Thomas P. DiNapoli. “The … serves a critical role in financing improvements to New York’s water infrastructure,” DiNapoli said. “New York … projects than any other state, but the resources needed to address aging infrastructure and related challenges remain …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli: Two Capital Region Residents Indicted for $1 Million Medicaid Transportation Fraud Scheme
… who would try and defraud New York’s Medicaid system.” Oneonta Police Chief Christopher Witzenburg said, “This … Office, the Otsego County District Attorney's Office, the Oneonta Police Department, the U.S. Department of Health and …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-two-capital-region-residents-indicted-1-million-medicaid-transportation-fraud-schemeDiNapoli: NYC Emergency Management Failing to Ensure the City is Prepared for Disasters
… killing dozens of people and causing billions of dollars in damage, the city needs to be better prepared for another catastrophic event, according to an audit … management is not one of its responsibilities. However, under the City Charter and NYCEM’s own protocols it is the …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nyc-emergency-management-failing-ensure-city-prepared-disastersDiNapoli: Three Arrested for Scheme to Steal Unclaimed Funds from New York State
… charges arising out of their scheme to fraudulently obtain unclaimed funds held by the New York State Comptroller’s Office of …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-three-arrested-scheme-steal-unclaimed-funds-new-york-stateExistential Questions Facing National Public Transit Systems Create New Fiscal Pressures for MTA
… includes the use of debt to borrow for operating costs in 2025, a stopgap measure that will not be paid until after … new solutions. The MTA’s currently planned budget gap in 2025 without this stopgap measure would be nearly $500 … pressure asset prices and reduce transaction activity. In recent months, some legislators have discussed utilizing …
https://www.osc.ny.gov/reports/osdc/existential-questions-facing-national-public-transit-systems-create-new-fiscal-pressures-mtaDiNapoli: MTA Outlook Shows Growing Need for New Funding as Budget Gaps Widen
… fare revenue before federal relief aid runs out, but in that time, it must develop plans to cover budget gaps that start at $2.5 billion in 2025 and grow in the outyears, according to a report on MTA’s financial …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-mta-outlook-shows-growing-need-new-funding-budget-gaps-widenDiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… Office buildings in New York City remain a critical contributor to its economy and tax base, as market values reached nearly … the city’s major office districts of Midtown East, Midtown West or the Financial District. Instead, areas in and around …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceDiNapoli: Former Citizens Hose Fire Company Treasurer Arrested for Stealing More Than $100,000
… fire company and her community by diverting funds meant to protect the residents of Shortsville and surrounding communities to fund her lifestyle,” DiNapoli said. “Unfortunately, … hold people accountable and restore funding is important. I would like to thank the Ontario County Sheriff and The …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-former-citizens-hose-fire-company-treasurer-arrested-stealing-more-100000DiNapoli: Former Hannibal Fire Chief and Father Indicted for Allegedly Stealing Go-Kart Proceeds
… cheated Hannibal residents out of valuable resources meant to protect their community in order to fund their personal pastime,” DiNapoli said. “They will … Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-former-hannibal-fire-chief-and-father-indicted-allegedly-stealing-go-kart-proceedsDiNapoli Announces Lowered Fees for New York State's 529 College Savings Direct Plan
… New York State Comptroller Thomas P. DiNapoli today announced a new reduction in management fees for the state’s 529 College …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-announces-lowered-fees-new-york-states-529-college-savings-direct-planDiNapoli: Improved Planning Needed for New York To Achieve Its Clean Energy Goals
… The Public Service Commission (PSC) and the New York State Energy Research and Development Authority (NYSERDA) have taken considerable steps in planning for New York State’s transition to renewable …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-improved-planning-needed-new-york-achieve-its-clean-energy-goalsDiNapoli: State Paid $14.5 Billion for Medicaid Home Care Services That Lacked Verification
… been suspended. DOH said the Medicaid claims processing system has a feature that can prevent payments for certain …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-state-paid-145-billion-medicaid-home-care-services-lacked-verificationDiNapoli: Homeless New Yorkers Relying on CityFHEPS Face Significant Delays for Permanent Housing
… Inadequate oversight of a New York City rental assistance program is leading to … of homelessness, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. The audit found the New York City Department of Social Services (DSS) is not …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-homeless-new-yorkers-relying-cityfheps-face-significant-delays-permanent-housingDiNapoli: Allegany County Woman Arrested for Theft of Nearly $30,000 in Pension Checks
… the arrest of Linda Burrows of Fillmore, New York for the alleged theft of $29,893 in state pension checks sent … and I thank District Attorney Jones and the state Police for working with us to hold Burrows accountable.” New York … a monthly pension through the New York State and Local Retirement System (NYSLRS). When Burrow’s mother passed away …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-allegany-county-woman-arrested-theft-nearly-30000-pension-checksDiNapoli: Two Poughkeepsie Women Arrested for Stealing NYS Pension Checks From Deceased Pensioner
… and District Attorney Parisi for their collaboration on this case. The exploitation of our pension system is … system was able to recoup $2,460.98. Brink was arrested on charges of grand larceny in the third degree and was … in Poughkeepsie City Court. She is due back in court on Jan. 31. Moseley was arrested on charges of grand larceny …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-two-poughkeepsie-women-arrested-stealing-nys-pension-checks-deceased-pensioner