Reports

See Audits to search for audits related to State agencies, NYC agencies, local governments, school districts and public authorities.

Budget & Finances, Economy

September 2020 —

Six months into the COVID-19 recession, New Yorkers working in lower-paid sectors continue to suffer a disproportionate share of job losses statewide and especially in New York City.

Budget & Finances

September 2020 —

This report on the use of overtime by New York State agencies examines patterns over the past ten calendar years. The total cost of overtime in calendar year 2019 was over $806 million, covering roughly 18.4 million overtime hours worked.

Budget & Finances

September 2020 —

The 2019-20 fiscal year brought the convergence of two dramatically different periods to New York State. The nation’s longest recorded economic expansion continued to generate overall job growth through most of the fiscal year before finally ending in February, as the COVID-19 pandemic forced severe limits on business activity and significantly impacted the State’s economy.

Budget & Finances, Economy

September 2020 —

While New York State has regained more than one in four of the jobs it lost in March and April, the unprecedented scale of losses due to the COVID-19 pandemic leaves a daunting path ahead for the State to climb back to pre-recession employment levels. For New York City, the picture is even more troubling.

Environment

September 2020 —

Even as we grapple with the serious public health and economic challenges stemming from the Covid-19 pandemic, climate change continues to represent an urgent and growing threat. 

Fraud & Waste

September 2020 —

The New York State Legislature amended the State Finance Law in 2015 by adding a new Section 8-c, which provides for the establishment of a statewide electronic system to help detect and prevent fraud, waste and abuse in government spending and to help avoid improper payment of public moneys.

Budget & Finances

September 2020 —

The Comprehensive Annual Financial Report for the State of New York for the fiscal year ended March 31, 2020.

Budget & Finances, Economy

August 2020 —

New York State’s total employment count hit an all-time high of more than 9.8 million in February, reflecting net gains of nearly 2 million jobs since April 1996. 

Budget & Finances, Economy

August 2020 —

Nearly three-quarters of New York State small businesses received assistance in recent months through the federal government’s Paycheck Protection Program (PPP), according to Census Bureau survey data for the week ending June 27.

Environment, Pension & Retirement

July 2020 —

Guarding against the investment risks presented by climate change while preparing for the transition to a low-carbon economy is central to Comptroller DiNapoli’s work as trustee of the New York State Common Retirement Fund, one of the largest public pension funds in the country.

Budget & Finances, Economy

July 2020 —

Approved payments to New York recipients for Unemployment Insurance totaled $32.1 billion from March 1 through July 17, with steep increases in payments following the onset of the pandemic.

Budget & Finances, Economy

July 2020 —

As was widely reported, New York’s unemployment rate has soared upward in recent months, with May's 14.5 percent nearly four times the 3.7 percent in February. But that rate is only one measure of the impact of lost jobs.

Environment, Pension & Retirement

June 2020 —

The New York State Common Retirement Fund (Fund) is one of the largest public pension funds in the nation, with assets held in trust for the benefit of the more than one million members and pensioners of the New York State and Local Retirement System (System). The System is widely regarded as one of the nation’s best-managed and best funded public pension plans.

Procurement

May 2020 —

Of the total contracts, 2,276 (50 percent) were processed after their start or renewal dates. This is an increase from 2018, when 47 percent were reported late. The trend bears watching; the State must avoid further regression toward the ten-year high of 87 percent late in 2013.

Procurement

May 2020 —

In order to ensure contractors doing business with the New York State are paid timely, Article 11-A of State Finance Law prescribes timeframes for agencies to prepare and submit vouchers to the Office of the State Comptroller (OSC) for review and approval before payment.

Budget & Finances

May 2020 —

New York State has experienced difficult budgets many times over its history. Seldom if ever, however, has the State faced the level of economic and revenue challenges identified in this year’s Enacted Budget Financial Plan as a consequence of the COVID19 pandemic.

Education

May 2020 —

In 2019, OSC completed 18 audits of expenses submitted to SED by preschool special education providers. These audits have cumulatively identified almost $11.2 million in recommended disallowances, or almost 11 percent of the total expenses of $103.5 million for the audit period. 

MWBE, Pension & Retirement

May 2020 —

The New York State Minority- and Women-Owned Business Enterprise (MWBE) Asset Management and Financial Institution Strategy (Chapter 171, Laws of 2010) was enacted to codify and replicate best practices for providing MWBEs that are asset managers, investment banks and financial and professional service providers with the opportunity to offer services to fiduciary-controlled entities established by New York State law.

Budget & Finances

April 2020 —

New York State is facing extraordinary challenges as a result of the coronavirus pandemic. Its punishing impacts include shutting down much of the economy, throwing millions of Americans out of work, and devastating State finances.

Budget & Finances, Health & Welfare

April 2020 —

The New York State Health Insurance Program (NYSHIP), administered by the State Department of Civil Service (Civil Service), is one of the nation's largest public sector health insurance programs. NYSHIP covers over 1.2 million active and retired State, local government, and school district employees, and their dependents. The Empire Plan is the primary health benefits plan for NYSHIP, covering 1.1 million of the NYSHIP members.