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DiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… the Metropolitan Transportation Authority an opportunity to ease the pressure that growing debt places on its … stronger finances down the road will depend in part on how the MTA chooses to manage debt in the coming years. “The … to sound debt repayment practices without obscuring how debt is contributing to its budget deficits. However, …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsState Comptroller DiNapoli Releases Municipal & School Audits
… million to $1 million. Officials also did not maintain up-to-date records or provide adequate financial reports to … accounting records and reports in a complete, accurate and up-to-date manner. As a result, the board’s ability to … maintained by the County Clerk and Surrogate’s Court were up to date and complete with no material discrepancies. East …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-audits-0Housing for Seniors
… covered the period from January 2014 through September 2022. About the Programs The New York City (NYC or City) … 15 of Woodlawn’s 80 apartments were awarded as of July 2022, approximately 7 months after they became available and … only 11 homeless apartments were leased as of July 2022. In addition, senior housing units were not always …
https://www.osc.ny.gov/state-agencies/audits/2023/07/05/housing-seniorsComptroller DiNapoli: Positive Financial Indicators in Middletown
… of DiNapoli’s fiscal stress initiative and is the latest in a series of fiscal profiles on municipalities across the … fiscal profile visit: http://www.osc.state.ny.us/localgov/pubs/fiscalprofiles/middletown.pdf For more detailed … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-positive-financial-indicators-middletownDiNapoli: Wyandanch Public Library Audit Reveals Missing Cash, Excess Benefits
… of the Wyandanch Public Library in Suffolk County failed to notice $4,600 in missing cash, overpaid the library’s treasurer $6,900 and allowed the president to alter the time records of a family member employed by the … resulted in nearly $20,000 in questionable pay, according to an audit released today by State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2014/11/dinapoli-wyandanch-public-library-audit-reveals-missing-cash-excess-benefitsDiNapoli: Syracuse City School District Employees Pay Over $31,000 for Submitting False Timecards
… that they submitted false timecards in connection with the school district’s Twilight Program. "These individuals shamelessly stole from the very … to ensuring justice is served and that the stolen money is recouped,” said Thomas DiNapoli, New York State …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-syracuse-city-school-district-employees-pay-over-31000-submitting-false-timecardsXII.7.B Voucher Denials – XII. Expenditures
… Comments Report to access information on the rejection and what information is needed to reprocess the voucher. In … is not due/expenditure not incurred 12 No Consolidated Fiscal Report to support final program year 13 Final approver is not a voucher authorizer 14 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii7b-voucher-denialsDiNapoli Proposes Reforms to Bolster State's Rainy Day Reserves
… state’s statutory rainy day reserves. Additional deposits up to a limit of 1 percent of General Fund revenues should be …
https://www.osc.ny.gov/press/releases/2019/12/dinapoli-proposes-reforms-bolster-states-rainy-day-reservesDiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
… percent) and the Mid-Hudson region (64.1 percent) had the highest percentages of revenues from property taxes. On the other end of the spectrum, the Mohawk Valley and North Country rely on state and federal sources for two-thirds of … (less than 8 percent) and the Mohawk Valley had the highest (nearly 19 percent). A quarter-million students were …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-cityDiNapoli: New York City Job Growth Continues to Set Records
… and sales tax collections, making it easier for the city to afford new services and to balance the budget. Still, some sectors have lost jobs in … report found. The city’s job growth rate from 2009 to 2019 was 24.3 percent, compared to 15.3 percent for the …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-new-york-city-job-growth-continues-set-recordsDiNapoli: Port Authority Falling Short of Compliance With Americans With Disabilities Act
… to access information on a website. The PANYNJ website does none of these things. For example, there is no option to …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-port-authority-falling-short-compliance-americans-disabilities-actCourse Offerings
… six years. The increased time to degree is influenced by factors such as the pathways students take, institutional … or monitor their graduation rates. Information compiled by CUNY at our request showed that approximately 4,923 …
https://www.osc.ny.gov/state-agencies/audits/2020/09/01/course-offeringsCUNY Bulletin No. CU-690
… for tax withholding purposes, and reflected on the 2020 Form W-2 (Wage and Tax Statement). Effective Dates Effective … of the prepaid legal benefit, will not have their Form W-2 (Wage and Tax Statement) wages (Federal, State, and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-690-prepaid-legal-service-benefit-cuny-employeesState Comptroller DiNapoli Releases Audits
… Dentists (Follow-Up) (2015-F-24) An initial audit issued in April 2013, identified about $2.3 million in highly … providers for the same services under both the old and the new (APG) payment methodologies. Furthermore, auditors … payments. United HealthCare Insurance Company of New York: Empire Plan Drug Rebates (2014-S-62) In accordance with …
https://www.osc.ny.gov/press/releases/2016/01/state-comptroller-dinapoli-releases-auditsDiNapoli: State Needs to Ensure Timely Execution of Contracts with Not-For-Profits
… approvals prompted interest payments, mandated under the Prompt Contracting Law, that cost the state $195,663 last year, the report … services on behalf of government, and the continued late payment on State contracts hinders service to communities and …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-needs-ensure-timely-execution-contracts-not-profitsDiNapoli: NYC IDA Needs To Improve Its Administration of Business Tax Breaks and Monitoring of Job Creation
… recording taxes, with some benefits continuing for up to 30 years. Companies have to show why they would not be …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-nyc-ida-needs-improve-its-administration-business-tax-breaks-and-monitoring-job-creationDiNapoli Audit Finds Lax Oversight of Medicaid Payments May Have Cost Taxpayers Nearly $300 Million
… According to HMS officials, internal processes are not set up to track why individual claims are excluded from the …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-audit-finds-lax-oversight-medicaid-payments-may-have-cost-taxpayers-nearly-300-millionStart Saving for Retirement
… far into the future but the steps you take now to save for retirement can make a huge difference when that day finally … you’re comfortable with. Use a retirement savings calculator to see how much your savings plan could yield over … of options. With a tax-deferred savings account, you don’t pay income tax on your contributions until you start …
https://www.osc.ny.gov/retirement/members/saving-for-retirementDebt – 2022 Financial Condition Report
… of a governmental entity creates fixed costs that directly affect its ability to provide current services, as well as … of a governmental entity creates fixed costs that directly affect its ability to provide current services as well as its …
https://www.osc.ny.gov/reports/finance/2022-fcr/debtDiNapoli Op-Ed in Times Union
… decision points have become increasingly common in the last decade, making federal spending and debt front-page news. In contrast, state and local finances, and particularly debt, … Many states, including New York, have debt limits in place on state bonds. However, the structure and efficacy …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-op-ed-times-union