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XVI.3.J Implementation of Accounting Standards – XVI. Financial Reporting
… Basic financial statements for the State of New York are prepared in conformity with generally accepted accounting principles (GAAP) for governments as prescribed by the Governmental Accounting … Standards Board (GASB) which is the standard-setting body for establishing governmental accounting and financial …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3j-implementation-accounting-standardsVillage of Woodridge – Financial Condition (2013M-172)
… and four Trustees. The Village’s annual budget for all funds for the 2012-13 fiscal year was $2,624,362. Key … and increases in the overall level of unexpended surplus funds. The Board has also recently implemented cost saving …
https://www.osc.ny.gov/local-government/audits/village/2013/11/15/village-woodridge-financial-condition-2013m-172Town of Genesee Falls – Fiscal Stress (2013M-146)
… 7, 2013. Background The Town of Genesee Falls is located in Wyoming County and serves approximately 440 residents. The … The highway fund’s financial condition has diminished in recent years because of revenue shortfalls, and the Board … the highway fund experienced unplanned operating deficits in 2011 and 2012 of $49,263 and $71,979, respectively. …
https://www.osc.ny.gov/local-government/audits/town/2013/06/12/town-genesee-falls-fiscal-stress-2013m-146Resources for Local Officials
… Local Government Management Accounting Releases: Advisories and Bulletins … File Data with the Office of the State Comptroller Annual Financial Report (AFR) Electronic Filing Accounting and … Contact Update Other Required Reporting Online Search Tools for Local Governments Account Code Look-Up Audit Search …
https://www.osc.ny.gov/local-government/resources/resources-local-officials14th Annual Emerging Manager & MWBE Conference
… focus; and Common attributes of successfully on-boarded asset management operations. Download the Conference Book (PDF) … one of the only public pension funds to cover every major asset class in its program. The pension fund has …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/14-annual-conferenceState Comptroller Thomas P. DiNapoli and Richmond County D.A. Michael E. McMahon: President of Staten Island Special Needs Pre-School and Wife Indicted for Stealing Approximately $771,000 in Public Funds
… Dennis Mosesman D.O.B. October 25, 1947 58 Brookwillow Avenue, West Long Branch, NJ Elsie Mosesman D.O.B. October 23, 1946 58 Brookwillow Avenue, West Long Branch, NJ Since taking office in 2007, …
https://www.osc.ny.gov/press/releases/2018/01/state-comptroller-thomas-p-dinapoli-and-richmond-county-da-michael-e-mcmahon-president-staten-islandNew York State Comptroller DiNapoli on NYC Executive Budget
… round of collective bargaining (which began for many civilian employees in May 2021) and depositing an additional …
https://www.osc.ny.gov/press/releases/2022/04/new-york-state-comptroller-dinapoli-nyc-executive-budgetComptroller DiNapoli Releases School Audits
… balance for the district has consistently exceeded Real Property Tax Law limits. The district’s unrestricted fund …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-releases-school-audits-1Comptroller DiNapoli, A.G. Schneiderman and U.S. Attorney Hartunian Announce Arrest and Indictment of New York State Assemblyman William Scarborough
… that didn’t take place. If convicted on all charges, he faces up to 37 years in prison. “The crimes Mr. … the law, no matter how powerful or well-connected. I also want to thank Comptroller DiNapoli and U.S. Attorney … Assemblyman Scarborough tried to game the system, thinking he could get away with it,” New York State Comptroller Thomas …
https://www.osc.ny.gov/press/releases/2014/10/comptroller-dinapoli-ag-schneiderman-and-us-attorney-hartunian-announce-arrest-and-indictment-newFormer Assistant Director of Queens Pre-School Provider Pleads Guilty to Stealing $5 Million Intended for Special Needs Students
… Rockaway in Queens and Williamsburg and Borough Park, in Brooklyn. Comptroller DiNapoli said, "Stealing from the … Roy Hoffmann, 53, of Woodmere, and Daniel Laniado, 44, of Brooklyn — were indicted on the alleged thefts in 2014. All …
https://www.osc.ny.gov/press/releases/2017/04/former-assistant-director-queens-pre-school-provider-pleads-guilty-stealing-5-million-intendedDiNapoli: State Could Face Tough Fiscal Decisions in Year Ahead
… and other programs, but authorizes more than $10.5 billion in new state debt and allows billions of dollars in lump sum spending with minimal disclosure, according to a … help New York move forward. However, billions of dollars in spending lacks key details that would better inform the …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-could-face-tough-fiscal-decisions-year-aheadState Comptroller DiNapoli and Manhattan D.A. Bragg Announce Indictment of Former NYU Director of Finance for $3.5M Fraud
… approximately $3.5 million intended for minority and women owned businesses. She ultimately routed $3.3 million to … fraud also negatively impacted our city’s minority and women owned business enterprises by denying them the chance … Instead, she falsely stated that NYU had “developed good working relationships with these companies,” and that she had …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-and-manhattan-da-bragg-announce-indictment-former-nyu-director-finance-35mDiNapoli: Stable Government Funding Needed for NYC Health + Hospitals to Provide Essential Care
… during the pandemic provided critical financial support to New York City Health and Hospitals (H+H), but reliable … and timely payments from all government sources is needed to keep the largest municipal health system in the country in good fiscal health, according to a report released today by State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-stable-government-funding-needed-nyc-health-hospitals-provide-essential-careState Comptroller DiNapoli Releases Audits
… Department of Health (DOH): Oversight of Registration, Licensing, and Inspection of Radioactive Materials (RAM) … For example, as of July 20, 2020, DOH had not completed 55 licensing actions that were beyond the 1-year benchmark. This … or coinsurance) was no more than the typical Medicaid fee, it could have saved over $419 million from July 1, 2016 …
https://www.osc.ny.gov/press/releases/2021/10/state-comptroller-dinapoli-releases-auditsDiNapoli: MTA Outlook Shows Growing Need for New Funding as Budget Gaps Widen
… two years to bring back riders and rebuild fare revenue before federal relief aid runs out, but in that time, it must … two years to bring back riders and rebuild fare revenue before federal relief aid runs out but in that time it must …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-mta-outlook-shows-growing-need-new-funding-budget-gaps-widenDiNapoli: Debt Adding to MTA's Financial Pressures With Riders and Fare Revenue Slow to Return
… paying down its debt for capital projects may save money in the short-term, but those bills will eventually come due … a dire problem. It is relying on more than $14 billion in one-time federal aid to balance its budgets through 2025. … debt issued by the MTA increased from $25.8 billion in 2010 to $35.4 billion in 2019 (37%) and rose an additional …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-debt-adding-mtas-financial-pressures-riders-and-fare-revenue-slow-returnDiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… taking action to address investment risks posed by climate change and impacts of environmental justice. “The climate … and beneficiaries—are protected from the impact of climate change is a top priority.” The Fund engages with portfolio … their reporting around environmental justice. Climate Change Physical Risks Reporting DiNapoli and the Fund joined …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksState Comptroller DiNapoli Releases Municipal Audits
… anticipated to be received by the city through the Federal American Rescue Plan Act of 2021. The timing of the receipt …
https://www.osc.ny.gov/press/releases/2021/05/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli Applauds as Exxon Finally Agrees to Protect LGBT Rights
… and supportive atmosphere for all employees," said Matthew W. Patsky, CEO of Trillium Asset Management. "We are …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-applauds-exxon-finally-agrees-protect-lgbt-rightsDiNapoli Audit Finds Amsterdam's Finances Hampered by Poor Record Keeping
… Officials in the city of Amsterdam are unable to properly assess and monitor the … condition due to inadequate, inaccurate and incomplete accounting records, according to an audit released today by … from $3.4 million in 2007 to $620,000 in 2011, a decrease of 81 percent. The city’s short-term borrowing to cover …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-audit-finds-amsterdams-finances-hampered-poor-record-keeping