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Accounting and Reporting Update
This session will provide an overview of recent GASB statements as well as miscellaneous accounting updates implemented by OSC. The session will discuss how local governments will need to account for and report these changes in the Annual Financial Report (AFR).
https://www.osc.ny.gov/files/local-government/academy/pdf/osc-accounting-and-reporting-update-042926.pdfDiNapoli Issues Preliminary Analysis of 2021-22 Executive Budget
… for State Fiscal Year (SFY) 2021-22 relies on a range of actions to respond to the pandemic as well as eliminate a looming gap — spending cuts, new revenues, use of fund balances and increased borrowing — demonstrating the … makes clear, New York has been hit hard. The consequences of the pandemic will be with us for a long time and federal …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-issues-preliminary-analysis-2021-22-executive-budgetState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… participating employers in ERS and PFRS, and more than 300 different retirement plan combinations. Payments based on …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredOversight of Sex Offenders Subject to Strict and Intensive Supervision and Treatment (Follow-Up) (2018-F-21)
To determine the extent of implementation of the five recommendations included in our initial audit report, Oversight of Sex Offenders Subject to Strict and Int
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2019-18f21.pdfComptroller DiNapoli Releases Municipal Audits
… the Town of Bolivar , Circleville Fire District , Town of Clarendon , Cohoes Housing Authority , Town of Covington and … purchases were for valid district expenditures. Town of Clarendon – Justice Court Operations (Orleans County) The … of the Town of Bolivar Circleville Fire District Town of Clarendon Cohoes Housing Authority Town of Covington and the …
https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-releases-municipal-auditsDiNapoli: Loss of Federal Deductions in Trump Tax Plan Could Hurt New York's Middle Class Taxpayers
… important ramifications for New Yorkers, the White House aims to eliminate itemized deductions other than those …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-loss-federal-deductions-trump-tax-plan-could-hurt-new-yorks-middle-class-taxpayersState Comptroller DiNapoli Releases School Audits
… expenditures by a total of more than $15 million for fiscal years 2013-14 through 2015-16. The district also … School officials did not obtain the required quotes for six vendors paid $112,611. Although the invoices examined were for appropriate school purposes, when officials do not seek …
https://www.osc.ny.gov/press/releases/2018/01/state-comptroller-dinapoli-releases-school-audits-0State Comptroller DiNapoli Releases Municipal Audits
… audits were issued. Finger Lakes Horizon Economic Development Corporation – Revolving Loan Fund Program … monitored to ensure loan recipients’ performance goals were achieved. Officials requested follow-up … for computer users. City of Poughkeepsie Industrial Development Agency – Project Approval and Monitoring …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-municipal-audits-0NY State Comptroller DiNapoli Statement on Facebook CEO Mark Zuckerberg’s Congressional Testimony
… to demonstrate to its customers and its investors that it is taking steps to uphold its terms of service. It needs to … board have an opportunity to show that the company is working to prevent violations of its content and terms of … annual investors meeting. The full text of the proposal is available here …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-statement-facebook-ceo-mark-zuckerbergs-congressional-testimonyDiNapoli: Wall St. Profits Soared in First Half of 2020
… Wall Street’s growth can only be sustained if there is broad economic recovery.” Industry performance is traditionally measured by the pretax profits of the … City, a higher share than in 2008. This year, Wall Street is on pace to shed 7,300 jobs, erasing nearly half (45 …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: Pandemic Disrupts Special Education; Many Students Missing Mandated Services
… with disabilities lost partial or full special education services because of school shutdowns and the shift to remote … system, but the students who need special education services were especially impacted,” DiNapoli said. “An … had a disability. During the COVID-19 crisis, programs and services for students with disabilities were disrupted by …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-pandemic-disrupts-special-education-many-students-missing-mandated-servicesState Comptroller DiNapoli Releases Municipal Audits
… our local communities is a top priority," said DiNapoli. "By auditing municipal finances and operations, my office …
https://www.osc.ny.gov/press/releases/2018/02/state-comptroller-dinapoli-releases-municipal-audits-2DiNapoli: Many SUNY Campus Foundations Operating Without Contracts or Proper Oversight
… A third of the 30 State University of New York (SUNY) campus foundations were operating without the contracts they are required to have with their campuses while … campus to support approved programs and activities. SUNY's 30 campus-related foundations had net assets totaling $2.1 …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-many-suny-campus-foundations-operating-without-contracts-or-proper-oversightImproper Medicaid Payments to Eye Care Providers (Follow-Up) (2018-F-28) 30-Day Response
To determine the extent of implementation of the seven recommendations included in our initial audit report, Improper Medicaid Payments to Eye Care Providers (Report 2015-S-6).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2019-18f28-response.pdfDiNapoli: Farms Generated $5.7 Billion for New York Economy
… by State Comptroller Thomas P. DiNapoli. “Agriculture is an essential part of New York’s economy,” DiNapoli said. … leader for a variety of agricultural commodities. Milk is the state’s largest commodity, ranking third for sales … ranks third for grapes and eleventh for beer. New York is the third largest producer of wine, with its wineries …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-farms-generated-57-billion-new-york-economyState Comptroller DiNapoli Releases Municipal Audits
… today announced his office completed audits of the Franklin Square Public Library , Village of Hobart , Town of … their money is being spent appropriately and effectively." Franklin Square Public Library – Claims Audit (Nassau County) … today announced his office completed audits of the Franklin Square Public Library Village of Hobart Town of …
https://www.osc.ny.gov/press/releases/2018/08/state-comptroller-dinapoli-releases-municipal-audits-0New Hartford Central School District – Procurement (2016M-153)
… procedures for the period July 1, 2014 through February 22, 2016. Background The New Hartford Central School District … of Education. Budgeted appropriations for the 2015-16 fiscal year totaled approximately $49.4 million. Key Finding The …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/new-hartford-central-school-district-procurement-2016m-153Unexpected Delays and Events
… terminals – Penn Station, Manhattan; Atlantic Terminal, Brooklyn; and Hunterspoint Avenue, Queens – through a major … to the easternmost tip of Long Island. The LIRR operates 24 hours a day, 7 days a week. On an average weekday, the … tunnels used by the LIRR from Penn Station in Manhattan to Sunnyside in Queens are owned, managed, and maintained by …
https://www.osc.ny.gov/state-agencies/audits/2019/02/27/unexpected-delays-and-eventsDiNapoli Op-Ed in City & State: NY ABLE Celebrates Seven Year Anniversary
… of the NY ABLE program and efforts by his office to increase access to the program. The full op-ed is below: Seven years ago this … NY ABLE. The program helps individuals with disabilities to maintain health, independence and quality of life without … of the NY ABLE program and efforts by his office to increase access to the program …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-op-ed-city-state-ny-able-celebrates-seven-year-anniversaryHighland Falls-Fort Montgomery Central School District – Network User Accounts (2021M-145)
… network user accounts, including 22 non-student accounts, 16 generic accounts, and 10 student accounts, were unneeded …
https://www.osc.ny.gov/local-government/audits/school-district/2022/06/10/highland-falls-fort-montgomery-central-school-district-network-user