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July 25, 2015

Selected reports and information issued by New York State's Comptroller Thomas P. DiNapoli issued during the week ending July 26, 2015


Selected reports and information issued by New York State's Comptroller Thomas P. DiNapoli issued during the week ending July 26, 2015
[Click on text highlighted in colorto access the full report]

Audits of the following jurisdictions completed:

City of Johnstown;

North Patchogue Fire District

Town of Rosendale

Town of West Seneca

Amani Public Charter School

Holland Central School District

Mount Pleasant Central School District

Onteora Central School District


Comptroller finds persistent problems at the Long Island Power Authority

New York State Comptroller Thomas P. DiNapoli recommended improvement of oversight of the Long Island Power Authority (LIPA) after a report by his office found that previous reforms have not reduced costs for ratepayers and debt levels continue to rise. http://www.osc.state.ny.us/press/releases/july15/072415.htm?utm_source=weeklynews20150726&utm_medium=email&utm_campaign=072415release


Comptroller DiNapoli expects the “Tax Cap” will drop below 1% in 2016

Property tax growth for local governments will be capped at less than one percent for the 2016 fiscal year, according to a report issued by State Comptroller Thomas P. DiNapoli. The report noted the allowable tax levy growth factor will be 0.73 percent for entities that operate on a calendar-based fiscal year – which includes all counties, towns, fire districts, 44 cities and 10 villages.


Former Fire District Treasurer sentenced after being found guilty of theft of district funds

Lisa Stone, the former treasurer of Pulteney Fire District No. 2 was sentenced to five years probation and ordered to pay full restitution for stealing more than $6,800 in fire district funds, after an audit and investigation by State Comptroller Thomas P. DiNapoli revealed that she paid herself an illegal second salary.

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