State Comptroller Thomas P. DiNapoli - Monday Marks the 22nd Anniversary of the September 11th Terrorist Attacks

 

Monday Marks the 22^nd Anniversary of the September 11^th Terrorist Attacks

The September 11th terrorist attacks killed 2,977, injured thousands more and led to illnesses that have taken nearly as many lives as were lost that day. Twenty-two years later we remember those lost and we pay tribute to the heroism and sacrifices of the 9/11 first responders. We come together again, as a nation, to mark this tragic event.

Using Analytics to Identify Waste, Fraud and Abuse

Data analytics remains at the core of the Office of the State Comptroller’s (OSC) oversight activity and internal risk management efforts and is integral to the agency’s audits of State and local governments. They also help OSC monitor and improve the State’s payroll, procurement, retirement and other systems to increase efficiency and prevent improper payments.

A few examples of OSC work over the past year that leveraged analytical tools include:

• more than $4.5 billion identified in improper Medicaid payments;
• improvements to the Statewide Vendor Management system to significantly reduce processing times to ensure timely and reliable vendor information; 
• new data visualization tools to allow quick data review from multiple sources to monitor trends, assess risks, and improve accountability.

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DiNapoli Announces Change in Leadership of State Pension Fund's Real Estate Advisory Committee

State Comptroller DiNapoli announced that after 16 years of distinguished service, David Peirez is stepping down as Chairman of the Real Estate Advisory Committee (REAC) for the New York State Common Retirement Fund. DiNapoli also announced the appointment of Louis Dubin, a member of REAC since 2003, as the committee’s new Chairman.

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NYC's Property Tax Bills Rise Along With Burden on Working- and Middle-Class Homeowners

The COVID-19 pandemic has caused property tax disparity to worsen in New York City, driving housing costs higher for many, according to a report released by State Comptroller DiNapoli. Property tax disparities have been well documented for decades by advocates, fiscal monitors and the City, but the report found even when property values declined for many condos, co-ops and rental apartments due to the pandemic, property tax bills continued to rise. State Comptroller DiNapoli determined this was due in part to market volatility and aspects of how the City calculates property taxes.

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State Comptroller Thomas P. DiNapoli Statement on NYC Finances

State Comptroller DiNapoli issued a statement after giving remarks at the New York City Financial Control Board’s annual meeting this week.

“New York City’s 2024 budget increased spending to address growing demand for services using stronger than expected revenues and remaining federal pandemic aid."

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Municipal & School Audits

• City of Niagara Falls
• City of Watertown
• Cold Spring Harbor Central School District
• Eldred Central School District
• Kiryas Joel Village Union Free School District
• Lansing Fire District
• Persistence Preparatory Academy Charter School

Audits

• State University of New York
• Department of Health
• State Education Department
• New York City Department of Housing Preservation and Development
• Office of Children and Family Services
• Homes and Community Renewal

ALSO IN THE NEWS THIS WEEK

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• DiNapoli audit: There's room to improve access for the disabled at Stony Brook University, other SUNY campuses
  
  
• Audit finds hospitals improperly billing Medicaid for pricier, inpatient care
  
  

• New York City's Property Tax Bills On The Rise

 Post of the Week 
Tom DiNapoli @NYSComptroller 

Permits Filed For 2444 Tiebout Avenue In Fordham, The Bronx

 

Permits have been filed for a ten-story mixed-use building to be used for senior housing at 2444 Tiebout Avenue in Fordham, The Bronx. Located between East 187th Street and East 188th Street, the interior lot is near the Fordham Road subway station, serviced by the B and D trains. Comunilife is listed as the owner behind the applications.

The proposed 70-foot-tall development will yield 55,816 square feet, with 36,469 square feet designated for community facility space and 19,347 square feet for residential space. The building will have 83 residences, with an average unit scope of 233 square feet. The concrete-based structure will 15 one-bedroom and 68 studios, a recreation room with kitchen, a shared laundry room, and administration and social services offices.

Monica Lopez Architect is listed as the architect of record.

Demolition permits will likely not be needed as the lot is vacant. An estimated completion date has not been announced.