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NYS Common Retirement Fund Reports Estimated First Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2022-23 … helped make it one of the best-funded public pension funds in the nation and it remains well-positioned to weather the … June 30, 2022, the Fund had 44.7% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsDiNapoli: State Tax Revenues Down $3 Billion
… DiNapoli noted that spending from State Operating Funds, which pays for the state’s day-to-day operations as …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-tax-revenues-down-3-billionCity of Newburgh – Budget Review (B19-6-11)
… the significant revenue and expenditure projections in the City’s proposed budget for the 2020 fiscal year are reasonable. Background The City of Newburgh, located in Orange County, is authorized by Chapter 223 of the Laws of … to exceed $15 million to liquidate the accumulated deficit in the general fund as of December 31, 2010. During the time …
https://www.osc.ny.gov/local-government/audits/city/2019/11/15/city-newburgh-budget-review-b19-6-11Oversight of Residential Domestic Violence Programs (Follow-Up)
… Objective To determine the extent of implementation of the four recommendations included in our … conditions. Victims of domestic violence are a vulnerable population and constitute a large segment of the population whose well-being and survival depend on emergency …
https://www.osc.ny.gov/state-agencies/audits/2020/02/25/oversight-residential-domestic-violence-programs-followComptroller DiNapoli Releases Municipal Audits
… County) Auditors determined that board member had a prohibited interest in the contracts between the town and … Supervisor re-allocated and collected additional salaries for bookkeeping duties totaling $73,794 from April 2015 … 2017 without board authorization. In August 2017, he reimbursed the town for these extra payments and the town …
https://www.osc.ny.gov/press/releases/2020/01/comptroller-dinapoli-releases-municipal-audits-0Medicaid Program – Improper Payments for Ancillary Services Provided During Hospital Inpatient Admissions
… claims for ancillary services in accordance with Medicaid reimbursement policies. The audit covers the period April 1, … claims in accordance with the Department's Medicaid reimbursement policies. Some edits check various Department … reported to Department officials for review. Medicaid reimbursement rates for inpatient hospital claims include the …
https://www.osc.ny.gov/state-agencies/audits/2014/04/03/medicaid-program-improper-payments-ancillary-services-provided-during-hospital-inpatientState Comptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of City of Long Beach , Town of Minisink , Village of Tannersville and Town of Wales . "In …
https://www.osc.ny.gov/press/releases/2017/05/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… Program Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationPublic Authorities – 2021 Financial Condition Report
… impaired if certain public authorities closely associated with the State were to default on their obligations. In … chief financial officer. Not all authorities have complied with reporting requirements for 2020. ** Numbers may not add … York State Urban Development Corporation has not complied with certain reporting requirements for 2020. … Created by …
https://www.osc.ny.gov/reports/finance/2021-fcr/public-authoritiesDiNapoli: Local Sales Tax Collections in August Grew More Than 15 Percent
… Local government sales tax collections in August were 15.5% higher than they were during the same period in 2020, making it the fifth consecutive month that … governments continue to see much stronger collections in 2021 compared to last year when the pandemic kept people …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-local-sales-tax-collections-august-grew-more-15-percentDiNapoli: State Tax Receipts Exceed Initial Projections By $7.2 Billion Through First Six Months
… State tax receipts in State Fiscal Year (SFY) 2021-22 exceeded the … by New York State Comptroller Thomas P. DiNapoli. Tax collections were $1.8 billion greater than forecast by … Quarter Update to the Financial Plan, released last month. Tax receipts through September 30th are $13.4 billion greater …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-state-tax-receipts-exceed-initial-projections-72-billion-through-first-six-monthsNYS Common Retirement Fund Reports Third Quarter Results
… 31. Find out how your government money is spent at Open Book New York . Track municipal spending, the state's 180,000 …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsLong Island Association for AIDS Care, Inc.
… Subsequently, the Department executed a new CSP contract with LIAAC valued at $11.43 million for the period July 1, … to LINCS in excess of market rates. Furthermore, the lease with LINCS that LIAAC agreed to included a 30-year … non-cancellable term and escalation clauses anomalous with market standards. $5,990 for LINCS’s and its affiliate’s …
https://www.osc.ny.gov/state-agencies/audits/2014/09/30/long-island-association-aids-care-incReimbursement of Social Services Costs (2013MS-3)
… (DSS) incurs both direct and indirect program costs in the administration of social services programs and a … benefit of the DSS) that are directly billed to the DSS. In addition, counties are reimbursed for the indirect costs … failed to seek reimbursement for more than $1.4 million in eligible costs, potentially losing almost $1 million in …
https://www.osc.ny.gov/local-government/audits/county/2013/12/13/reimbursement-social-services-costs-2013ms-3Comptroller DiNapoli Releases Municipal Audits
… the proposed budget. The city’s proposed budget complies with the property tax levy limit. Parkland Alienation … (2014MS-5) Auditors examined how municipalities complied with state laws when conveying parkland to a non-public … for another purpose. Several municipalities did not comply with all of the statutory requirements, including one …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-municipal-audits-1Comptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P DiNapoli today announced his office completed audits of Cattaraugus County Town of Cheektowaga Village of Endicott Rensselaer County Water and Sewer Authority and West Glens Falls Fire Company 1
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-municipal-audits-1State Comptroller DiNapoli Releases Municipal & School Audits
… solicit interest rate quotes that may have resulted in higher investment earnings. As a result of the audit, the … Over a 16-month period, officials missed an opportunity for the district to realize approximately $487,000 in … options when investing available funds. Had officials done so the district might have earned approximately $267,000 more …
https://www.osc.ny.gov/press/releases/2023/10/state-comptroller-dinapoli-releases-municipal-school-audits-1DiNapoli: Local Sales Tax Collections Increase by 3.6% in Third Quarter Over Last Year
… Local government sales tax collections in New York state totaled $5.9 billion in the third calendar quarter of … period last year, according to a report released today by State Comptroller Thomas P. DiNapoli. This marks the second …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-local-sales-tax-collections-increase-3-point-6-percent-third-quarter-over-last-yearElementary and Secondary Education – 2022 Financial Condition Report
… Nation in Per Pupil Spending For the 2019-20 school year (SY), the most recent year for which data are available, New … profiles and regional costs, among other factors. In SY 2019-20, 56.1 percent of K-12 students were certified for … Local Resources Represent the Largest Source of Funding In SY 2020-21, support for public elementary and secondary …
https://www.osc.ny.gov/reports/finance/2022-fcr/elementary-and-secondary-educationState Contract and Payment Actions in April
… Program. $5.4 million with Parsons Transportation Group of NY Inc. for engineering feasibility and planning study for … of the New York Food and Agriculture Challenge in the Central New York, Finger Lakes, and Southern Tier regions. …
https://www.osc.ny.gov/press/releases/2023/05/state-contract-and-payment-actions-april