State Comptroller Thomas P. DiNapoli's Weekly News - Monitoring Financial Operations of Local Governments

 

Monitoring Financial Operations of

Local Governments Across New York

Holding local governments accountable and helping them obtain the knowledge and tools necessary to do their job is a critical responsibility of the Office of the State Comptroller. In 2023, State Comptroller DiNapoli's office audited hundreds of local governments and schools, trained thousands of local officials, and examined financial data. The office also streamlined financial reporting and created an easier way for local officials to submit information. This new system improves data quality and fosters more transparency in the use of taxpayers’ dollars.

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Sixteen School Districts

Designated in Fiscal Stress

Sixteen school districts were designated in some level of fiscal stress for the school year ending June 30, 2023. This is up from 14 districts the prior year, but still well below the 33 designated in stress in 2019. A boost in temporary federal aid and growth in State aid have helped shore up school districts’ finances. 

“Although federal relief packages and State aid provided much needed assistance, school officials should remain diligent and closely monitor their financial condition in the current and future budget cycles as one-time federal funds are depleted and State aid is uncertain,” DiNapoli said.   

DiNapoli Files Shareholder Proposals with Six Companies on Political Spending

State Comptroller DiNapoli, trustee of the New York State Common Retirement Fund, announced the filing of shareholder proposals at six portfolio companies requesting they comprehensively disclose their political spending. DiNapoli filed the disclosure proposals with Airbnb Inc., DoorDash Inc., Caesars Entertainment Inc., SoFi Technologies Inc., Charter Communications Inc., and DraftKings Inc.

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Livingston County Woman Arrested for Theft of Deceased Mother's Pension Payments

State Comptroller DiNapoli, Livingston County District Attorney Gregory J. McCaffrey, and the New York State Police announced the arrest of Patricia Chatley, 59, of Nunda, New York for allegedly stealing over $34,500 of her mother’s public pension payments after she died in January of 2020.

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State Comptroller DiNapoli Statement on New York City Mayor's 2024 State of the City Address

State Comptroller DiNapoli said, “Public safety, affordability, and economic growth must guide future investments for New York, but the City is facing serious challenges, including unsustainable spending on the migrant crisis, growing housing costs and federal pandemic aid coming to an end."

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Municipal & School Audits

• East Aurora Union Free School District
• Holland Patent Central School District
• Brockport Central School District
• Garrison Union Free School District

Internship Opportunities for College Students

Do you know a college student completing their sophomore, junior or senior year looking for a summer internship in Albany? Applications for the Office of the State Comptroller’s 2024 Future Forward Internship Academy are open now through Friday, Feb. 16!  Paid internships at the Office of the State Comptroller offer an opportunity to gain hands-on experience and the ability to earn up to 13 semester credit hours. Students can choose from a range of career tracks, and may be eligible to pursue full-time opportunities down the road with the State Comptroller's office.  

Learn More and Apply

ALSO IN THE NEWS THIS WEEK

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• $30,000 a Year for Housing? That’s Average in New York.

• Comptroller: Sixteen NY school districts have some form of fiscal stress
  
  
• NYS donor tax checkoffs need a hard review
  
  

• Comptroller Tom DiNapoli on New York's budget battle
  
  

• Woman accused of stealing thousands of dollars from dead mother’s pension
  
  
• NYS Comptroller DiNapoli seeks political spending information from six companies

Tom DiNapoli @NYSComptroller 

Permits Filed For 2175 Davidson Avenue In University Heights, The Bronx

 

Permits have been filed for a four-story residential building at 2175 Davidson Avenue in University Heights, The Bronx. Located between West 182nd Street and Clinton Place, the lot is three blocks south of the 183rd Street subway station, serviced by the 4 train. Moses Ostreicher under the 2175 Davidson Avenue LLC is listed as the owner behind the applications.

The proposed 42-foot-tall development will yield 9,993 square feet designated for residential space. The building will have 20 residences, most likely rentals based on the average unit scope of 499 square feet. The steel-based structure will also have open space but no accessory parking.

Oleg Ruditser of Engineering Professional Service 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.