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DiNapoli: New York's Public and Private Colleges and Universities Face Significant Challenges in Years Ahead
… a looming enrollment cliff, growing costs of attendance, and rising student debt. The report examines both public and private institutions of higher education. “New York has a … and investment to our colleges and universities, which benefits our state and local economies,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-new-yorks-public-and-private-colleges-and-universities-face-significant-challenges-yearsDiNapoli Releases Fiscal Stress Scores for Villages and Some Cities
… DiNapoli evaluated all non-calendar year local governments and designated one village in “moderate fiscal stress” and four villages as “susceptible to fiscal stress.” The … is hiring auditors around the state. Make a difference in your local community and join our team . … State Comptroller …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-releases-fiscal-stress-scores-villages-and-some-citiesXII.6.A.A Using the Real Estate Module to Pay Lease Vouchers – XII. Expenditures
… SECTION OVERVIEW AND POLICIES The Statewide Financial System (SFS) has added … to allow for the management of Real Estate assets and leases. This section provides New York State Business … is accessible from the SFS home page after logging in with your SFS user ID and password. Process and Transaction …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6aa-using-real-estate-module-pay-lease-vouchersCUNY Bulletin No. CU-719
… insurance plan may be affected. Background CUNY University Benefits Office has requested new voluntary deduction codes … deductions. Effective Dates Effective Institution, Current and Lag, pay checks dated 10/07/2021. OSC Actions OSC will … submit all transactions for enrollments, cancellations, and/or changes in a bi-weekly electronic input file.Updated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-719-new-voluntary-deductions-codes-cuny-health-insuranceTherapy and Learning Center, Inc. – Compliance With the Reimbursable Cost Manual
… Purpose To determine whether the costs reported by Therapy and Learning Center, Inc. (TLC) on its Consolidated Fiscal … directly related to the special education program, and sufficiently documented pursuant to the State Education … TLC applied an incorrect allocation rate for fringe benefits; $20,342 in excess executive compensation; $20,192 …
https://www.osc.ny.gov/state-agencies/audits/2017/07/18/therapy-and-learning-center-inc-compliance-reimbursable-cost-manualFormer Treasurer of Patterson Fire Department Sentenced to 33 Months in Prison for Embezzlement and Filing False Tax Returns
… Judge Nelson S. Roman to 33 months in prison for fraud and tax charges arising out of his embezzlement of more than … businesses he owned, 211 Medical, P.C. (“211 Medical”), and N.A.S. Management Co., Inc. ("N.A.S."). MELIN then … reminder to local fire departments: Proper oversight is your first line of defense," said State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2017/02/former-treasurer-patterson-fire-department-sentenced-33-months-prison-embezzlement-and-filing-falseTown of Haverstraw - Financial Condition (2019M-52)
… Determine whether the Board adopted realistic budgets and took appropriate action to address the reasonableness of … to reduce the amounts of fund balance in a manner that benefits Town taxpayers. Establish a comprehensive fund … maintained. Town officials agreed with our recommendations and indicated they planned to initiate corrective action. … …
https://www.osc.ny.gov/local-government/audits/town/2019/05/17/town-haverstraw-financial-condition-2019m-52Annual letter to Court Funds
The Office of Unclaimed Funds (OUF) reminds you to check for monies held by your company that may be considered abandoned property
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/annual-courts-letter.pdfAnnual letter to Insurance Companies
The Office of Unclaimed Funds reminds you to check for monies held by your insurance company that may be considered abandoned property.
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/annual-insurance-letter.pdfAnnual letter to Utility Companies
The Office of Unclaimed Funds reminds you to check for monies held by your insurance company that may be considered abandoned property
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/annual-utility-letter.pdfAnnual Letter to Banking Organizations
The Office of Unclaimed Funds reminds you to check for monies held by your banking institution that may be considered abandoned property.
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/annual-bank-letter.pdfIndependent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… An independent fiduciary and conflict of interest review of the New York State Common … Comptroller Thomas P. DiNapoli, commended the Comptroller and Fund staff for holding “themselves to the highest … well positioned for the years ahead to protect the pension benefits of our over 1.1 million members.” Kroll reviewed …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsUnited HealthCare – Payments for Fraudulent and Improper Claims Submitted by Davis Ethical Pharmacy
… (NYSHIP) provides health insurance coverage to active and retired State, participating local government, and school district employees and their dependents. The Empire Plan (Plan) is the primary health benefits plan for NYSHIP and includes prescription drug …
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/united-healthcare-payments-fraudulent-and-improper-claims-submitted-davis-ethical-pharmacyProcurement and Payroll-Related Matters Pertaining to the Use of Certain Federal Funds
… Transit Authority (Transit) used the American Recovery and Reinvestment Act (Recovery Act) funds efficiently and for authorized purposes, and whether the funds were … funds is to be transparent to the public, and the public benefits of these funds are to be reported clearly, …
https://www.osc.ny.gov/state-agencies/audits/2014/06/18/procurement-and-payroll-related-matters-pertaining-use-certain-federal-fundsState Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District To Support Community Banking in South Bronx
… New York State Comptroller Thomas P. DiNapoli and Department of Financial Services Superintendent Adrienne … District 9 as a Banking Development District (BDD) and presented $35 million in New York state deposits to Ponce … provide comprehensive relief. I'm looking forward to the benefits of this program for my constituents and thank all …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-and-department-financial-services-superintendent-harris-designate-newDiNapoli, Social Security Administration IG Ennis Announce Guilty Plea of Maryland Man for Stealing Deceased Mother’s Retirement Payments
… New York State Comptroller Thomas P. DiNapoli and Social Security Administration (SSA) Inspector General … in payments from the New York State Common Retirement Fund and the SSA that were sent to his deceased mother, Elizabeth … Administration so that he could fraudulently obtain benefits. Misusing Social Security benefits after someone …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-social-security-administration-ig-ennis-announce-guilty-plea-maryland-man-stealing-deceasedState Agencies Bulletin No. 2303
… two-year look back. Affected Employees: Tier 6 SUNY ORP and VDC members are affected. Background: On March 16, 2012, … 4.5% $75,000.01 to $100,000.00 5.75% $100,000.01 and Greater 6% Benefit Plans and Narrative Descriptions: SUNY … 6, 2025. Agency Actions: SUNY Office of University-Wide Benefits, as the ORP and VDC Plan Administrator, will utilize …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2303-2025-two-year-look-back-tier-6-suny-optional-retirement-plan-orp-andState Agencies Bulletin No. 2300
… notify agencies of the 2025 maximum salary limit for ORP and VDC plan members. Affected Employees: Tier 1 through 6 members of the ORP and VDC are affected. Background: In accordance with Section … the Internal Revenue code, providing dollar limitations on benefits and contributions under qualified retirement plans, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2300-maximum-salary-limit-members-optional-retirement-plan-orp-and-voluntaryTown of Frankfort - Board Oversight (2018M-58)
… provided adequate oversight over financial activity and ensured receipts were deposited and disbursements were supported and authorized. Key Findings … The Board did not properly authorize health insurance benefits averaging $183,000 annually for elected officials in …
https://www.osc.ny.gov/local-government/audits/town/2018/06/08/town-frankfort-board-oversight-2018m-58Marathon Central School District – Fund Balances (2017M-280)
… purpose of our audit was to determine whether the Board and District officials ensured fund balances and reserves were reasonable for the period July 1, 2016 … using the excess accumulated fund balance in a manner that benefits District residents. Adopt a formal plan for …
https://www.osc.ny.gov/local-government/audits/school-district/2018/03/16/marathon-central-school-district-fund-balances-2017m-280