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DiNapoli: New York State Pension Fund and Coca Cola Reach Agreement on Executive Pay
… Coca Cola Co. will consider the wages it pays all of its employees when setting executive … this step to help ensure that pay for its top executives is in line with the company’s overall compensation philosophy and long term performance, not simply on what executives at other companies are making." Many …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-new-york-state-pension-fund-and-coca-cola-reach-agreement-executive-payDiNapoli: Village of Candor Mayor Arrested for Allegedly Stealing From the Village
… State Police announced the arrest of Village of Candor Mayor Eric Halstead for stealing from the village’s General Fund. “Mayor Halstead was entrusted by his community to serve their …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-village-candor-mayor-arrested-allegedly-stealing-villageDiNapoli: Tennessee Woman Pleads Guilty to Wire Fraud for Receiving Deceased Mother's New York State and Local Retirement System Benefits
… This case was the result of a joint investigation with the Social Security Administration Inspector General’s Office (SSAIG), the EDTN and the Comptroller’s Office. In …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-tennessee-woman-pleads-guilty-wire-fraud-receiving-deceased-mothers-new-york-state-and-localIndependent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… An independent fiduciary and conflict of interest review of the New York State Common … and legal requirements. The analysis concluded that: “From the Comptroller down through the organization, Common …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsDiNapoli: Binghamton Woman Sentenced for Stealing Deceased Father-In-Law's Pension Payments
… admitted to investigators to having used Burnett’s debit card after his death and making the call to the retirement … total of 19 monthly electronic deposits were made into the bank account after the date of death, totaling $31,872.55. …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-binghamton-woman-sentenced-stealing-deceased-father-laws-pension-paymentsDiNapoli: Former Utica School District Superintendent Sentenced for Public Corruption, Must Pay Over $160K to District
… that Bruce Karam, the former long-time superintendent of the Utica City School District (UCSD), was sentenced to pay the UCSD restitution of $11,549 for the resources improperly diverted, serve five years’ probation and perform 250 hours of community service. Karam was also ordered to pay UCSD …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-former-utica-school-district-superintendent-sentenced-public-corruption-must-pay-over-160kDiNapoli: Fulton County Snowmobile President Arrested for Stealing Over $8,000 From Nonprofit
… $8,000 from a nonprofit that maintains snowmobile trails in the Adirondacks. Daley, the president of the Snowdrifters … using the organization’s funds while registering the vehicles to himself. Daley used some of the stolen funds to make at least one deposit on a snowmobile for …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-fulton-county-snowmobile-president-arrested-stealing-over-8000-nonprofitCity of Dunkirk – Budget Review (B24-1-10)
… an independent evaluation of the City’s proposed budget for 2025. Background Chapter 5 6 of the Laws of 2024, Part DD … records significantly limited our review and precluded us from determining the reasonableness of all of the City’s …
https://www.osc.ny.gov/local-government/audits/city/2024/11/27/city-dunkirk-budget-review-b24-1-10DiNapoli: Fast Food Companies Agree to Stronger Supplier Oversight
… P. DiNapoli today announced that Fortune 500 fast food companies Wendy’s and YUM! Brands, the parent company of … Common Retirement Fund, has engaged portfolio companies for several years in an ongoing effort to increase … agreed to encourage their suppliers to report on workplace safety, human and worker rights and environmental compliance. …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-fast-food-companies-agree-stronger-supplier-oversightState Comptroller Thomas P. DiNapoli Statement on Passage of Final State Budget
… Insurance Trust Fund loan, and reduced personal income tax rates for lower- and middle-income families starting in … state’s finances in the months ahead, and may jeopardize many of the critical safety net programs that New Yorkers … release an analysis of the enacted budget in the coming weeks.” … New York State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2025/05/state-comptroller-thomas-p-dinapoli-statement-passage-final-state-budgetOpinion 95-8
… moneys distributed to a claiming authority or claiming agent under section 1349(2)(e) and (f) of the Civil Practice … only for purposes of the claiming authority or claiming agent. Distributions of forfeiture moneys under section … authority" and police department as the "claiming agent", or whether the funds are to be treated as a county …
https://www.osc.ny.gov/legal-opinions/opinion-95-8Annual Update: Metropolitan Transportation Authority’s Debt Profile
The Metropolitan Transportation Authority’s (MTA) finances brightened last year when the State provided a substantial, recurring funding solution to help it balance its operating budget as federal relief funds are exhausted.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-3-2025.pdfTown of Owasco – Financial Management and Procurement (2021M-70)
Determine whether the Town of Owasco (Town) Board (Board) effectively managed fund balances and reserves for the general, water and sewer district funds and has multiyear financial and capital plans.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/owasco-2021-70.pdfPompey Hill Fire District – Financial Management (2021M-136)
Determine whether the Pompey Hill Fire District (District) Board of Fire Commissioners (Board) properly established and managed capital reserve funds, ensured records were audited and annual reports were filed timely.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/pompey-hill-district-2021-136.pdfContract Advisory No. 27
… (ACH) for Agency Specific Contracts Guidance : Agencies are encouraged to add language to their contracts requiring … increase the Prompt Payment benefit by ensuring that funds are paid directly to their designated bank accounts, thus … mail lead time. Some additional benefits of ACH are: An efficient and secure method of payment; A more cost …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/27-electronic-payments-ach-agency-specific-contractsHadley-Luzerne Central School District - Financial Management (2018M-103)
… … HadleyLuzerne Central School District Financial Management 2018M103 …
https://www.osc.ny.gov/local-government/audits/school-district/2018/10/26/hadley-luzerne-central-school-district-financial-management-2018m-103Hinsdale Central School District – Extra-Classroom Activities (2017M-244)
… Receipts in the District’s extra-classroom activity funds, which are operated by and for the students, totaled …
https://www.osc.ny.gov/local-government/audits/school-district/2018/03/16/hinsdale-central-school-district-extra-classroom-activities-2017m-244Town of Neversink – Multiyear Planning and Fund Balance Management (2017M-260)
… the fund balance and reserves in the general and highway funds for the period January 1, 2016 through August 17, 2017. …
https://www.osc.ny.gov/local-government/audits/town/2018/02/09/town-neversink-multiyear-planning-and-fund-balance-management-2017m-260Elba Central School District - Financial Management (2018M-96)
… condition. … Elba Central School District Financial Management 2018M96 …
https://www.osc.ny.gov/local-government/audits/school-district/2018/08/31/elba-central-school-district-financial-management-2018m-96Highland Falls-Fort Montgomery Central School District – Financial Condition (2015M-341)
… Background The Highland Falls - Fort Montgomery Central School District is located in the Town of Highlands in Orange … will be used. … Highland FallsFort Montgomery Central School District Financial Condition 2015M341 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/04/15/highland-falls-fort-montgomery-central-school-district-financial