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Opinion 92-54
… (designation of bank as depository when town supervisor is officer and stockholder) -- Purchase of bonds and notes … the designation of a bank as a depository is a "contract" for purposes of article 18 (see General Municipal Law, … provides an exception from the prohibitions of section 801 for contracts entered into prior to the election or …
https://www.osc.ny.gov/legal-opinions/opinion-92-54DiNapoli: Food Giant ConAgra Agrees to State Pension Fund's Proposal to Buy Sustainable Palm Oil
… P. DiNapoli today announced that ConAgra Foods, Inc., one of the largest food manufacturers in the U.S., has committed … do not contribute to rainforest destruction. As a result of the company’s new policy, the New York State Common … long-term value,” DiNapoli said. “Palm oil is in many of the products we enjoy every day, but too often suppliers …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-food-giant-conagra-agrees-state-pension-funds-proposal-buy-sustainable-palm-oilCity of Poughkeepsie Industrial Development Agency – Audit Follow-Up (2021M-168-F)
… report – pdf] | [read complete 2022 report – pdf ] Purpose of Review The purpose of our review was to assess the City of Poughkeepsie Industrial Development Agency’s (IDA’s) … The purpose of our review was to assess the City of Poughkeepsie Industrial Development Agencys IDAs progress …
https://www.osc.ny.gov/local-government/audits/city/2025/07/25/city-poughkeepsie-industrial-development-agency-audit-follow-2021m-168-fAdministration and Monitoring of Financial Assistance to New York City Businesses
… York City Council in 1974 “to promote the economic welfare of its inhabitants and to actively promote, attract, … and industry through governmental action for the purpose of preventing unemployment and economic deterioration.” … to companies in New York City through tax waivers of City and State sales and use tax, local property tax …
https://www.osc.ny.gov/state-agencies/audits/2024/06/12/administration-and-monitoring-financial-assistance-new-york-city-businessesDiNapoli: Tax Exemptions Jump While Job Gains Slow for IDA Projects
… DiNapoli's eighth annual report examining the performance of the state's IDAs and how these entities fulfill their … business within their communities. “Although the amount of tax breaks IDAs provided to private companies noticeably … and economic benefits.” In 2013, the most recent full year of data available, IDA projects reported a total of 644,080 …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-tax-exemptions-jump-while-job-gains-slow-ida-projectsDiNapoli: Former West Carthage Housing Authority Executive Director and Mother Arrested
… of the West Carthage Housing Authority (WCHA) Jan Hoffman for allegedly stealing over $48,000 in WCHA funds, and … (Katie) Pais, Hoffman’s mother and former WCHA consultant, for allegedly aiding in and concealing the scheme. “Jan … Police, and the HUD OIG, they will be held accountable for their actions.” “The arrests today were the culmination …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-former-west-carthage-housing-authority-executive-director-and-mother-arrestedDiNapoli: End of Continuous Medicaid Enrollment Requirement Poses Risks to State Financial Plan
… coverage in March 2023, New York state began the process of redetermining eligibility for every enrolled individual. … this “unwinding” may not meet projections in the Division of the Budget’s (DOB) Mid-Year Update to the Enacted Budget … the state budget. “Increased enrollment in Medicaid is one of the key reasons New York has one of the lowest rates of …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-end-continuous-medicaid-enrollment-requirement-poses-risks-state-financial-planLocal Government – 2023 Financial Condition Report
… property tax revenues are the largest source of revenue for local governments. In local fiscal years ending (LFY) in 2021, property taxes accounted for $38.1 billion, or 42.1 percent, of total revenue ($90.5 billion) for local governments outside of New York City. School …
https://www.osc.ny.gov/reports/finance/2023-fcr/local-governmentCustodial Service Contract Procurement and Oversight
… To determine whether the selected New York City Department of Education contracting practice was effective in procuring … the lowest available price, while maintaining the quality of service. The audit covered DOE’s procurement of the contracts as well as its efforts to assess the quality …
https://www.osc.ny.gov/state-agencies/audits/2022/04/08/custodial-service-contract-procurement-and-oversightDiNapoli: Tennessee Woman Pleads Guilty to Wire Fraud for Receiving Deceased Mother's New York State and Local Retirement System Benefits
… joined the United States Attorney for Eastern District of Tennessee (EDTN) in announcing that Leslie Schwinzer has … Local Retirement System (NYSLRS). This case was the result of a joint investigation with the Social Security … the EDTN and the Comptroller’s Office. In February of 2021, SSAIG contacted NYSLRS and informed them that a …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-tennessee-woman-pleads-guilty-wire-fraud-receiving-deceased-mothers-new-york-state-and-localDiNapoli: State Must Consider Pros and Cons of Gaming Revenues, Problem Gambling
… a report today on the industry in the state that calls for improvements in finding an appropriate balance between … “The lottery generates billions of dollars each year for New York,” DiNapoli said. “While numbers are down this … Fiscal Year (SFY) 2019-20. The state generates revenue for its budget and for localities through traditional lottery …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-must-consider-pros-and-cons-gaming-revenues-problem-gamblingCompliance With Freedom of Information Law Requirements
… place to fulfill CDTA’s responsibilities under the Freedom of Information Law (FOIL), and to determine if CDTA is in … shuttle systems, and paratransit services. Article 6 of the New York State Public Officers Law provides for public … authority, and local government entity, with the exception of the judiciary and the State Legislature. Under FOIL, each …
https://www.osc.ny.gov/state-agencies/audits/2020/10/16/compliance-freedom-information-law-requirementsDiNapoli: Fewer Counties Exceeding Tax Cap
… The number of counties overriding New York’s property tax cap has … levy increase has remained at or below 2 percent in each of the past four years. “Counties are holding the line on … beginning in 2012, limits tax levy increases to the lesser of the rate of inflation or 2 percent with some exceptions, …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-fewer-counties-exceeding-tax-capDiNapoli: Albany Man Who Victimized Elderly NYS Pensioner Sentenced to State Prison
… Due to their theft, the victim’s mortgage, property taxes and other bills were not paid for four years and the bank foreclosed on his house, power was cut off, and his car was repossessed. The …
https://www.osc.ny.gov/press/releases/2026/02/dinapoli-albany-man-who-victimized-elderly-nys-pensioner-sentenced-state-prisonThe Increasing Threat of Identity Theft
… May 2021 PDF Version Message from the Comptroller The era of COVID-19 has brought enormous suffering and persistent … Adding to both the financial and psychological pain of the pandemic is a dramatic increase in identity theft during the past year. More than 67,000 complaints of identity theft were reported in New York State during …
https://www.osc.ny.gov/reports/increasing-threat-identity-theftThe Rising Cost of Student Loans: As Student Debt in the Empire State Nears $70 Billion, Congress Could Avert Debt Increase for 422,000 New Yorkers, June 2012
On July 1, 2012, the interest rate on subsidized Direct Federal Loans for college students is set to revert to 6.8 percent for new loans.
https://www.osc.ny.gov/files/reports/special-topics/pdf/education-loan-debt-2012.pdfReport of Title V Operating Permit Program Revenues, Expenditures, and Changes in Fund Balance for the Eight Fiscal Years Ended March 31, 2017 (2017-S-81) 90-day response
To determine whether the Department of Environmental Conservation has adequate procedures in place to accurately capture the Title V Operating Permit ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2019-17s81-response.pdfAdministration 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.pdfFinancial Outlook for the Metropolitan Transportation Authority
One year ago, the Metropolitan Transportation Authority’s (MTA) finances were in the best condition in years with all five years of its financial plan balanced as a result of new revenues approved by the State fiscal year 2023-24 enacted budget.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-17-2025.pdfExecutive Order - Office of the Inspector General
There is hereby established in the Office of the State Comptroller the Office of the Inspector General.
https://www.osc.ny.gov/files/common-retirement-fund/resources/pdf/inspector-general-executive-order.pdf