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Capital One Bank Accounts
… the Metropolitan Transportation Authority (MTA) at Capital One Bank and to assess the appropriateness of financial … 15 bank accounts that were established at Capital One Bank and were not on the MTA's list of authorized bank … the Metropolitan Transportation Authority MTA at Capital One Bank and to assess the a …
https://www.osc.ny.gov/state-agencies/audits/2014/01/27/capital-one-bank-accountsOversight of the Farm-to-School Program (Follow-Up)
… is intended to connect schools with local farms and food producers, strengthen local agriculture, improve student health, and promote regional food system awareness. By providing financial assistance to … programs, schools should be better positioned to purchase food from State farms. The Department of Agriculture and …
https://www.osc.ny.gov/state-agencies/audits/2022/09/08/oversight-farm-school-program-followLow-Income Housing Trust Fund Program (Follow-Up)
… Objective To determine the extent to which Homes and Community Renewal (HCR) implemented the … To determine the extent to which Homes and Community Renewal implemented the …
https://www.osc.ny.gov/state-agencies/audits/2020/04/02/low-income-housing-trust-fund-program-followState Agencies Bulletin No. 1167
… the Direct Deposit program are provided in Chapter IV, Part 102 of the Official Compilation of Codes, Rules and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1167-revised-personal-privacy-protection-law-notification-direct-depositCity of Troy – Budget Review (B18-5-8)
… Purpose of Budget Review The purpose of our budget review was to determine whether the significant … City of Troy Budget Review B1858 …
https://www.osc.ny.gov/local-government/audits/city/2018/10/31/city-troy-budget-review-b18-5-8City of Lockport – Budget Review (B22-1-8)
… increased the contingency appropriation this year for real property tax assessment refunds to provide funding in the event that property owners who have filed petitions for tax assessment …
https://www.osc.ny.gov/local-government/audits/city/2022/11/04/city-lockport-budget-review-b22-1-8DiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… and decides which capital projects to cancel or delay, it must prioritize keeping the system in a state of good repair and it must be transparent about how the choices it makes will impact riders, according to a report released … and decides which capital projects to cancel or delay it must prioritize keeping the system in a state of good …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingDiNapoli: NYS Pension Fund Commits $50 Million to NY Small Business Investment Fund
… state pension fund’s $50 million commitment provided the anchor investment in the New York Small Business Investment …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-nys-pension-fund-commits-50-million-ny-small-business-investment-fundState Comptroller DiNapoli Releases Municipal Audits
… agent did not ensure that goods and services were procured in accordance with the purchasing policy and procedures. … documentation to support efforts were made to obtain the best price. None of the 10 professional service providers … The board decided this was not in county residents’ best interest due to cost and environmental factors. City of …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund
… announced that Vicki Fuller, chief investment officer of the New York State Common Retirement Fund (Fund), will … investment returns, averaging an annual growth rate of more than 8.75 percent. The Fund has gained significant value and led the nation as one of the best managed public pension funds. Her legacy and …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-announces-vicki-fullers-retirement-cio-nys-common-retirement-fundDiNapoli Announces Interim CIO for the New York State Common Retirement Fund
… derivatives marketing. She graduated Summa Cum Laude from Yale University with a B.S. in Applied Mathematics. About the …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-announces-interim-cio-new-york-state-common-retirement-fundState Comptroller DiNapoli Releases Municipal Audits
… Thomas P. DiNapoli today announced his office completed audits of Cattaraugus County , Town of Maryland , Three Town Fire District and the Webster Public Library . "In today’s fiscal climate, budget transparency and … and equipment not owned by the district. Webster Public Library – Board Oversight (Monroe County) The board did not …
https://www.osc.ny.gov/press/releases/2018/09/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. … the board expects to use surplus funds and the timeframe for doing so. As of the 2016-17 fiscal year-end, the level of … 72 percent of operating expenditures, and there is no plan for the use of these surplus funds. City of Newburgh – Budget …
https://www.osc.ny.gov/press/releases/2018/11/state-comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases Municipal Audits
… the treasurer did not provide regular financial reports to the board or maintain adequate accounting records. In … not develop and manage a comprehensive investment program to ensure interest earnings were maximized. Also, village … enforced. Board-adopted water rates were incorrectly set up in the billing and collection software. Customer bills …
https://www.osc.ny.gov/press/releases/2020/04/comptroller-dinapoli-releases-municipal-audits-0Far Rockaway Pre-School Executive Director Sentenced to Jail Time for Theft of Education Funds Intended for Special Needs Students
… Center, once one of the city's largest providers of special education services to preschoolers with disabilities, … resulted in a recovery of $8 million that was stolen from special education funds. I thank D.A. Brown for his thorough … by the District Attorney's Detective Bureau and his Economic Crimes Bureau. The case was additionally …
https://www.osc.ny.gov/press/releases/2018/03/far-rockaway-pre-school-executive-director-sentenced-jail-time-theft-education-funds-intended-specialDiNapoli Releases Analysis of Revised Executive Budget
… The $175.1 billion State Fiscal Year (SFY) 2019-20 Executive Budget … that may not be fully clarified before the April 1 start of the new fiscal year. State tax collections for the … bulk of this increase flows from a proposal to extend the top personal income tax rate of 8.82 percent, currently …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-releases-analysis-revised-executive-budgetDiNapoli Proposes Option to Help State & Local Governments Pay for Retiree Health Care
… help the state and local governments fund retiree health insurance and other post employment benefits (OPEB). DiNapoli … often eligible for benefits including a pension and health insurance. While pension costs are pre-funded and invested to … New York state, do not set aside funds for retiree health insurance and instead fund it on a “pay-as-you-go” basis or …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposes-option-help-state-local-governments-pay-retiree-health-careOpinion 92-47
… E911 surcharge moneys); (need to establish separate bank account for E911 surcharge moneys) -- Deposits and … surcharge moneys need not be segregated in a separate bank account. Interest earned on the investment of E911 surcharge … 911 (E911) System surcharge moneys in a "separate account". You also ask whether interest earned on such …
https://www.osc.ny.gov/legal-opinions/opinion-92-47XVI.4.D Receivables Other Than Income Taxes and Federal Grants – XVI. Financial Reporting
… Policy References: Section 40-a of the State Finance Law generally sets forth the basis for recognizing an … is set forth in Section 40-a of the State Finance Law. State money is appropriated and subsequently loaned to … most frequently for capital purposes. The State Finance Law requires that no loans shall be made until a written …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4d-receivables-other-income-taxes-and-federal-grantsOtisco Fire District – Financial Activities (2025M-42)
… and is responsible for receiving and disbursing District funds, maintaining accurate financial records and providing … accounting for District collections and depositing funds in a timely manner, and the Board and Treasurer did not … accounting records and reports increases the risk that funds could be lost or misappropriated without detection. In …
https://www.osc.ny.gov/local-government/audits/fire-district/2025/08/01/otisco-fire-district-financial-activities-2025m-42