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DiNapoli: Audit Shows Former Highway Superintendent Took Taxpayers for a Ride in Town of Erin
… The former highway superintendent for the Town of Erin in Chemung County … according to an audit detailing the fraud released today by New York State Comptroller Thomas P. DiNapoli. In … vouchers to make it appear that the items were bought for highway department use. The audit revealed that in some …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-audit-shows-former-highway-superintendent-took-taxpayers-ride-town-erinDiNapoli: Financial Settlements and Federal Aid Boosted State Revenue to $149 Billion in 2014-15
… million, or 2 percent, below original projections. See the full report: Year-End Results for State Fiscal Year 2014-15 …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-financial-settlements-and-federal-aid-boosted-state-revenue-149-billion-2014-15DiNapoli: Georgia Woman Allegedly Stole Over $450K in NYS Pension and Social Security Payments
… bank account open and NYSLRS and SSA continued to deposit funds into the account until early 2021. Smith knew exactly … each month, and each month she allegedly withdrew the funds from the account almost as soon as they were deposited. … Sandra Smith accessed the pension and social security funds through online bank transfers from Minnie Smith’s …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-georgia-woman-allegedly-stole-over-450k-nys-pension-and-social-security-paymentsDiNapoli: Contractor Failed to Turn Over $1.5 Million in Prescription Drug Rebates to NYS
… A company that was supposed to collect rebates from drug manufacturers on behalf of the New York State Health Insurance Plan (NYSHIP) failed to turn over nearly $1.5 million in rebates to the state over a … A company that was supposed to collect rebates from drug manufacturers on behalf of the …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-contractor-failed-turn-over-15-million-prescription-drug-rebates-nysNew York’s Balance of Payments in the Federal Budget: Fiscal Year 2020 - Interactive Map
… States balance of payments with the federal government in 2020 …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-fiscal-year-2020-interactive-mapDiNapoli Op-Ed in Newsday Urges Leaders to Seize This Chance to Improve NY’s Finances
… today urging New York's leaders to take steps that can help protect and strengthen the state's finances. The full … projects in order to limit debt issuance. These steps will help ensure the state limits the financial impact of future … urging New Yorks leaders to take steps that can help protect and strengthen the states finances …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-op-ed-newsday-urges-leaders-seize-chance-improve-nys-financesDiNapoli: Former Oneida City Chamberlain Arrested for Stealing More Than $78,000 in City Funds
… the arrest of former Oneida City Chamberlain Nancy Andrews for allegedly stealing more than $78,000 from the city over the course of 14 years. “For over a decade, Andrews allegedly betrayed her office and the trust of her … to hold our public officials to a higher standard.” Andrews, 77, is charged with allegedly stealing $78,881.55 in …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-former-oneida-city-chamberlain-arrested-stealing-more-78000-city-fundsThe Construction Industry in New York City: Recent Trends and Impact of COVID-19
… engineers, designers, sales agents, and providers of security services and janitorial services. These occupations …
https://www.osc.ny.gov/reports/osdc/construction-industry-new-york-city-recent-trends-and-impact-covid-19Mitchell Lama Applicants Charged $200 for Virtually No Chance of Apartment in Their Lifetime
… Despite waiting lists for Mitchell Lama apartments being very long and turnover very slow, some … six lotteries for applicants to get on waiting lists for apartments in 2013, 2016 and 2017, collecting over $200,000 … in fees from 1,002 applicants. They awarded just 23 apartments. Another 29 people on the waiting lists asked to …
https://www.osc.ny.gov/press/releases/2019/12/mitchell-lama-applicants-charged-200-virtually-no-chance-apartment-their-lifetimeExamples from GASB Statement 34 - Statement of Revenues, Expenses and changes in Net Assets
… Expenses, and Changes in Fund Net Assets Proprietary Funds For the Year Ended December 31, 2002 Business-Type … Enterprise Funds Governmental Activities Water and Sewer Parking Facilities Totals Internal Service Funds Operating revnues: Charges for services $11,329,883 $1,340,261 $12,670,144 $15,256,164 …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-revenues-expenses-and-changes-net-assetsNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (FBI) announced … the Office of the New York State Comptroller, the Orange County District Attorney's Office, and the Orange County Sheriff's Office. This prosecution is being handled by …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsMedicaid Program – Administrative Costs Used in Premium Rate Setting of Mainstream Managed Care Organizations
… applying the administrative costs in determining MCO premium rates. Our audit covered the period January 1, 2011 … care. Under managed care, Medicaid pays MCOs a monthly premium for each enrolled Medicaid recipient, and the MCOs … Department has not assessed whether the current level of funding for MCO facilitated enrollment reflects current and …
https://www.osc.ny.gov/state-agencies/audits/2017/09/13/medicaid-program-administrative-costs-used-premium-rate-setting-mainstream-managed-careDiNapoli: Ralph Lauren Should Ensure Human and Worker Rights are Upheld in its Operations
… investors against the risks that can damage long-term value.” As trustee of the $176.8 billion New York Common … holds 173,000 shares of Ralph Lauren with an approximate market value of $27,864,000. About the Common Retirement Fund The …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-ralph-lauren-should-ensure-human-and-worker-rights-are-upheld-its-operationsDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… Fund (Fund) has committed an additional $1.2 billion to its emerging manager program, increasing the total commitment to more than $5 billion. The program is designed to help diversify the Fund’s investments and expand its pool … Fund Fund has committed an additional $12 billion to its emerging manager program increasing the total …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programState Falls Short in Verifying if Companies Qualify for Tax Breaks Under Excelsior Program
… that many of the companies participating in the Excelsior Jobs Program met their obligations or even justify giving the … companies did not meet expectations to not verifying if jobs were full-time or part-time. ESD also could not produce evidence that several companies actually created jobs and did not simply shift jobs. “New York state gives …
https://www.osc.ny.gov/press/releases/2016/07/state-falls-short-verifying-if-companies-qualify-tax-breaks-under-excelsior-programDiNapoli: State Pension Fund Adds Another $20 Million to Investing in New York Program
… Common Retirement Fund (Fund) has committed $20 million to the Tribeca Venture Partners Growth Fund to invest in local companies, New York State Comptroller … In-State Private Equity Program (the In-State Program) to $1.6 billion. "We're investing in companies across New …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-state-pension-fund-adds-another-20-million-investing-new-york-programDiNapoli: ESD Falls Short in Evaluation of Nearly $2 Billion of Economic Development Programs
… Empire State Development (ESD), the public authority responsible for administering many of New York state’s economic development programs, has failed to fully evaluate most of its programs to … Empire State Development ESD the public authority responsible for administering many of …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-esd-falls-short-evaluation-nearly-2-billion-economic-development-programsDiNapoli: Local Sales Tax Collections in August Increase by Nearly 13% Over Last Year
… Local sales tax collections in New York state increased by 12.6% … $192 million from the same time last year. “Overall local sales tax collections were strong in August, even with many … Schuyler County saw the steepest decline (-24.8%). Monthly sales tax distributions made to counties and tax-imposing …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-local-sales-tax-collections-august-increase-nearly-13-percent-over-last-yearDiNapoli: Local Sales Tax Collections Increase by 3.6% in Third Quarter Over Last Year
… totaled $5.9 billion in the third calendar quarter of 2023 (July - September), an increase of 3.6%, or more than … and September) comprising the third calendar quarter of 2023 was relatively stable, ranging from 3% to 4%. NYC Growth … quarter of 2022, strengthened in the third quarter of 2023. In July-September, city collections totaled $2.5 …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-local-sales-tax-collections-increase-3-point-6-percent-third-quarter-over-last-yearDiNapoli Report Analyzes Regional Trends in Education for School Districts Outside New York City
… receive less aid and rely more on property taxes. Long Island (66.3 percent) and the Mid-Hudson region (64.1 … spent $24,737 per pupil. Districts in the Mid-Hudson and Long Island tend to be wealthier and spend more per pupil. …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-report-analyzes-regional-trends-education-school-districts-outside-new-york-city