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DiNapoli: Fewer School Districts Overriding Tax Cap
… number of school districts overriding New York’s property tax cap declined by more than half over the past three fiscal … districts were twice as likely to override the tax cap compared to high-need districts. “Local school … Overall, 6.5 percent of districts exceeded the tax cap in 2012-13 (44 districts), 4.7 percent (32) in …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-fewer-school-districts-overriding-tax-capVillage Official Heading to Prison for Stealing More Than $100,000
… restitution. “Fleecing your community and your neighbors for five years is appalling,” said DiNapoli. “Thankfully, this former official is heading to prison for her actions and will serve as an example of what happens … 2011-12 fiscal year and 66 percent of the levy in 2012-13; Altered village records in order to conceal inappropriate …
https://www.osc.ny.gov/press/releases/2014/08/village-official-heading-prison-stealing-more-100000DiNapoli Commends Legislature for Passing Bill to Modernize Banking Development District Program and Expand Access to Capital in Underserved Communities
… Governor Hochul to sign it into law.” “This legislation is a major step forward in expanding economic opportunity for … reliable, and community‑centered banking.” "If a program is meant to uplift underserved communities, it can only do so … and credit union branches across the state where there is a demonstrated need for banking services and is …
https://www.osc.ny.gov/press/releases/2026/06/dinapoli-commends-legislature-passing-bill-modernize-banking-development-district-program-and-expandMessage from the Comptroller – 2021 Financial Condition Report
… State Fiscal Year (SFY) 2020-21 will long be remembered for the disruption caused by the COVID-19 pandemic and for the resilience demonstrated by New Yorkers in responding to … State Fiscal Year SFY 202021 will long be remembered for the disruption caused by the COVID19 pandemic and for the …
https://www.osc.ny.gov/reports/finance/2021-fcr/message-comptrollerDiNapoli: Three Syracuse School District Employees Charged With Fraud in Scheme
… has always taken fraud and corruption seriously, but it is particularly troubling when children in our community … in this investigation and, like him, I feel that this case is an anomaly and does not reflect on the hardworking … The Syracuse City School District’s Twilight Program is an after-school credit recovery program located within …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-three-syracuse-school-district-employees-charged-fraud-schemeNYS Comptroller DiNapoli Leads Coalition of Comptrollers & Treasurers Opposing Trump Repeal of Clean Power Plan
… is calling on the Environmental Protection Agency (EPA) to halt the Trump administration's repeal of the Clean Power … Americans. Comptroller DiNapoli, was joined in the filling to the EPA by California State Treasurer John Chiang, … Beth Pearce. The full text of the comments they filed to the EPA is here . "The movement to a lower carbon economy …
https://www.osc.ny.gov/press/releases/2017/12/nys-comptroller-dinapoli-leads-coalition-comptrollers-treasurers-opposing-trump-repeal-clean-powerDiNapoli: NYC Secure Juvenile Detention Centers Need To Improve Safety and Access to Services for Youth
… The New York City Administration for Children Services (ACS) must improve its oversight and monitoring of youth services at New York City’s two secure juvenile … The New York City Administration for Children Services must improve its oversight and monitoring of youth services at NYCs two secure juvenile …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-nyc-secure-juvenile-detention-centers-need-improve-safety-and-access-services-youthDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… Oil Ltd. Canadian Natural Resources Ltd. Husky Energy Inc. MEG Energy Corp. Athabasca Oil Corp. Cenovus Energy Inc. … in the nation. Find out how your government money is spent at Open Book New York . Track municipal spending, the state's …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesAs Racial Homeownership Disparities Persist, State's Mortgage Agency Increases Lending to Minority and Low-Income Borrowers
… communities, increasing its share of loans provided to low-income and minority borrowers over the last 10 years. … rates and 39 points higher than Latino rates, according to a report by State Comptroller Thomas P. DiNapoli. … generational wealth, but many New Yorkers face barriers to buying a home,” DiNapoli said. “New York offers several …
https://www.osc.ny.gov/press/releases/2025/06/racial-homeownership-disparities-persist-states-mortgage-agency-increases-lending-minority-and-lowDiNapoli: NYS Pension Fund Commits an Additional $2.4 Billion Through Sustainable Investment Program
… announced today. To date, the Fund has deployed over $26.5 billion, toward its goal of $40 billion, to specific … to a low-carbon economy,” DiNapoli said. “The Fund is a leader on addressing the investment challenges posed by … management quality and carbon performance. The index is designed to reflect the performance of global and …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-nys-pension-fund-commits-additional-24-billion-through-sustainable-investment-programWhat to Expect from an OSC Audit
This session will familiarize you with the entire audit process: from its early stages to final report. Learn what the auditors are looking for, the professional standards they follow, and your role in the process.
https://www.osc.ny.gov/files/local-government/academy/pdf/what-to-expect-osc-audit-051524.pdfWhat to Expect from an OSC Audit
This session will familiarize you with the entire audit process: from its early stages to the final report. Learn what the auditors are looking for, the professional standards they follow, and your role in the process.
https://www.osc.ny.gov/files/local-government/academy/pdf/what-to-expect-from-an-osc-audit-04082026.pdfDiNapoli: Tax Cap Remains Below One Percent in 2017
… slightly from 2016, when it was 0.73 percent, according to State Comptroller Thomas P. DiNapoli. The latest inflation … must cope with extremely limited growth for property taxes to stay within the tax cap,” said DiNapoli. “Low inflation … financial choices.” The tax cap, which first applied to local governments beginning in 2012, limits tax levy …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-tax-cap-remains-below-one-percent-2017Area #4 – Contracts and Service Level Agreements for IT Services – Information Technology Governance
… private and sensitive information. In addition, it is very important for local governments and schools to know … and contracts will be managed to ensure shared PII is protected. How data security and privacy incidents that … expectation clarity and measurement methods. An SLA is different from a traditional written contract in that it …
https://www.osc.ny.gov/local-government/publications/it-governance/area-4-contracts-and-service-level-agreements-it-servicesConflicts of Interest of Municipal Officers and Employees
… your job by its very nature places you in a position of public trust. You are responsible for ensuring that public resources are used in the best interests of the public. You also have a duty to use the limited public … When serving in your public capacity, the interests of your municipality must come before your own. In fact and …
https://www.osc.ny.gov/local-government/publications/conflicts-interest-municipal-officers-and-employeesWhat Tier Are You In?
… When you join NYSLRS, you are assigned to a tier based on your date of membership. To find out what tier you are in, sign in to Retirement Online and look under 'My …
https://www.osc.ny.gov/retirement/members/what-tier-are-youDiNapoli: MTA Fiscal Outlook Continues To Improve but Uncertainties Tied to Federal Actions Cloud Future
… of these funds altogether, which would open up $300 million in budget gaps this year, creating immediate …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-mta-fiscal-outlook-continues-improve-uncertainties-tied-federal-actions-cloud-futureFrequently Asked Questions – World Trade Center Presumption
… What is a presumption? I assisted in the recovery and cleanup operations, but I was stationed in various locations throughout the city. Am I eligible to … provide any additional retirement benefit? I participated in the rescue, recovery and cleanup operations but have since …
https://www.osc.ny.gov/retirement/publications/world-trade-center/frequently-asked-questionsManagement of Energy Consumption
… Purpose To determine whether Office of Children and Family Services … consumption. The audit covers the period April 1, 2006 to January 31, 2012. Background Executive Order No. 111 (EO … 10, 2001, directs State agencies and public authorities to be more energy efficient and environmentally proactive. It …
https://www.osc.ny.gov/state-agencies/audits/2013/05/09/management-energy-consumptionRepaying Your NYSLRS Loan after Retirement
… apply to pension payments going forward after your loan is paid in full. It may take some time to process your loan … and adjust your pension amount. Once your pension amount is recalculated, your pension will be increased as of the … Be Affected? If you retired with an outstanding loan, it is likely that some or all of it was reported as taxable …
https://www.osc.ny.gov/retirement/retirees/repaying-your-nyslrs-loan-after-retirement