State Comptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
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After two years of extraordinary volatility in State finances, the State Fiscal Year 2022-23 Enacted Budget Financial Plan projects fiscal stability for the next five years and includes plans to bolster rainy day reserves significantly. However, this report identifies several revenue, spending, and sustainability risks that could disrupt the Financial Plan that should be monitored closely.
After two years of extraordinary volatility in state finances, the State Fiscal Year (SFY) 2022-23 Enacted Budget Financial Plan from the Division of the Budget (DOB) projects fiscal stability for the next five years and includes plans to bolster rainy day reserves significantly, according to a report by State Comptroller Thomas P. DiNapoli. However, DiNapoli’s analysis identifies several revenue, spending, and sustainability risks that could disrupt the Financial Plan that should be monitored closely.
New York State Comptroller Thomas P. DiNapoli today announced a tentative schedule of planned bond sales for New York State, New York City and their major public authorities during the third quarter of 2022.
The planned sales of $8.69 billion include $7.19 billion of new money and $1.5 billion of refundings and reofferings as follows:
In May, the Office of the State Comptroller approved 1,326 contracts for state agencies and public authorities valued at $2.4 billion and approved more than 2.5 million payments worth nearly $15.6 billion. The office rejected 123 contracts and related transactions valued at $276.8 million and more than 4,500 payments valued at nearly $11.5 million, primarily for mistakes, insufficient support for charges, and improper payments. More information on these contracts and payments is available at Open Book New York.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
New York State Comptroller Thomas P. DiNapoli today announced the following school district audits have been issued.