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Financial Reporting and Asset Allocation
… The Fiduciary and Conflict of Interest Review is required to be conducted every three years by Section 136-2.5(g)(5) of …
https://www.osc.ny.gov/common-retirement-fund/resources/financial-reporting-and-asset-allocationDiNapoli: Local Sales Tax Revenue Growing Slowly
… Local sales tax collections in New York state grew by $177 million, or 2.4 percent, for the first half of 2014 compared to the same period in 2013, according to a report issued today by State …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-local-sales-tax-revenue-growing-slowlyXVI.2 Financial Reporting Policies – XVI. Financial Reporting
… financial reports in accordance with GAAP. GASB Statements and Interpretations are the main sources for GAAP guidance. GASB Statements and Interpretations are periodically incorporated in the Codification of Governmental Accounting and Financial Reporting Standards (GASB Codification). …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi2-financial-reporting-policiesOversight of Mental Health Education in Schools (2020-S-63) 180-Day Response
To determine what steps the State Education Department (Department) is taking to ensure that school districts have the necessary mental health education in place as required by law. We also sought to determine what mental health services are available at the school districts.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-20s63-response.pdfDiNapoli: Queens Economy Takes Off
… and black or African Americans for 17 percent. Queens is home to nearly half of New York City’s Asian-American … business owners and immigrant families who now call Queens home, but I recognize that their economic needs are not being … especially Flushing which has grown to become the home to approximately 9,000 mom-and-pop shops and …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-queens-economy-takes-offDiNapoli: New York’s Workforce Development Programs Lack Governance and Coordination
… improve New York’s workforce development system, including strategies for effective outreach and improved access. These … approval. Late submissions can result in delays in federal funding. Due at least in part to the absence of a functioning … update a publicly available online database of WFD funding programs (Catalogue of Funding) that provides …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-new-yorks-workforce-development-programs-lack-governance-and-coordinationCity of Yonkers – Budget Review (B24-6-6)
… [read complete report – pdf] Purpose of Budget Review The purpose of our budget review was to determine whether the significant … for the City’s contractual settlements, and the potential need for the District’s contractual settlements and amend as …
https://www.osc.ny.gov/local-government/audits/city/2024/05/20/city-yonkers-budget-review-b24-6-6DiNapoli: Audit Reveals Hiring and Budgeting Problems in Brentwood School District
… paid the Eastern Suffolk Board of Cooperative Educational Services (BOCES) approximately $7,000 to conduct a thorough … candidates; Comply with district policy when posting job openings and appointing administrators; and Ensure that all …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-reveals-hiring-and-budgeting-problems-brentwood-school-districtComptroller DiNapoli & A.G. Schneiderman Announce Guilty Plea Of Former Halfmoon Town Supervisor For Stealing Campaign Funds
… campaign contributions donated to her campaign fund. The public corruption case arose out of a cooperative … plea makes it clear: public officials who violate the law by misusing campaign funds will be held accountable,” said … partnership with Comptroller DiNapoli and other colleagues in government to root out public corruption across New York …
https://www.osc.ny.gov/press/releases/2015/08/comptroller-dinapoli-ag-schneiderman-announce-guilty-plea-former-halfmoon-town-supervisor-stealingCapital One Bank Accounts
… Purpose To determine the purpose of 15 unauthorized bank accounts established by the Metropolitan Transportation … expenditures took place without evidence of required competitive bidding. Also, about $35,000 of rental income due … displaced tenants exceeded a 42-month limit for the use of federal funds. MTA officials claim they use non-project local …
https://www.osc.ny.gov/state-agencies/audits/2014/01/27/capital-one-bank-accountsOpinion 88-60
… NYS2d 135; Gushee v City of New York , 42 App Div 37, 58 NYS 967; 11 Opns St Comp, 1955, p 159; 15 Opns St Comp 1959, … and reasonable ( Blank v Browne , 217 App Div 624, 216 NYS 664). This Office has advised that, in order to assure …
https://www.osc.ny.gov/legal-opinions/opinion-88-60DiNapoli: Neighborhood Banks Helping Stabilize, Revitalize City Communities
… stable future for all. "As chair of the Committee on Women's Issues and co-chair of the Women's Caucus, I want to thank State Comptroller DiNapoli … specifically to accommodate the neighborhoods in which we live and work." "When we headquartered in the South Bronx — …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-neighborhood-banks-helping-stabilize-revitalize-city-communitiesDiNapoli: Local Sales Tax Collections in October Up Nearly 13% From 2020
… Local sales tax collections in New York grew by 12.9% in October compared to a year ago, State … April of monthly sales tax collections exceeding last year’s results. October’s increase also surpassed pre-pandemic …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-local-sales-tax-collections-october-nearly-13-2020Administration and Monitoring of Financial Assistance to New York City Businesses (2021-N-6) 180-Day Response
To determine whether the New York City Industrial Development Agency has policies and procedures in place to approve, monitor, and measure project performance and whether they were followed; and whether NYCIDA recaptured public benefits in accordance with the project ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-21n6-response.pdfDiNapoli: State Agency Overtime Costs Decreased 11.6% in 2023, First Decline Since 2016
… decrease in total overtime earnings since 2016, according to a report by State Comptroller Thomas P. DiNapoli. The … with declining responsibilities for emergency response to the COVID-19 pandemic and an overall increase in the size … the toughest times during the pandemic and the state needs to continue its efforts to attract and retain a range of …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-agency-overtime-costs-decreased-116-2023-first-decline-2016Opinion 2006-3
… 11; Town Law §64[22]; see also Town Law §132; Municipal Home Rule Law §10[1][ii][a][12][a]). 2 As such, in our …
https://www.osc.ny.gov/legal-opinions/opinion-2006-3Financial Toolkit for Local Officials
… Is My Municipality in Fiscal Stress Addressing a Current Budget Deficit Budgeting in Future Years Cash Flow Management Strategies … Local … wake of the pandemic including simultaneously managing the public health response and the budgetary impacts of the …
https://www.osc.ny.gov/local-government/financial-toolkitFormer Village of Candor Mayor Pleads Guilty to Stealing From the Village
… the New York State Police announced that former Village of Candor Mayor Eric Halstead plead guilty to stealing … betrayed the village he was entrusted to serve, taking what amounted to interest free loans from the people who … or “ATM Withdrawal” in village records. When an outside consultant that was assisting the village with its …
https://www.osc.ny.gov/press/releases/2025/01/former-village-candor-mayor-pleads-guilty-stealing-villageDiNapoli Releases Analysis of Revised Executive Budget
… The $175.1 billion State Fiscal Year (SFY) 2019-20 Executive Budget advances … monetary settlement funds into the Rainy Day Reserve Fund in the current and next fiscal years with the caveat “if … be identified. Read the report, go to: https://osc.state.ny.us/reports/budget/2019/executive-budget-report-2019-20.pdf …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-releases-analysis-revised-executive-budgetXI.12.C Surety Takeovers – XI. Procurement and Contract Management
… Public works contracts may include provisions that require a … the contract should the original contractor default. In the event of a contractor default and surety takeover of a contract, as determined through contractual action by the contracting agency and notification to the Office of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12c-surety-takeovers