Sentences with phrase «state financial oversight»

The leaders said the change would add CPS to a state financial oversight law that it is exempted from but that applies to all other Illinois school districts.

In August, a state financial oversight panel in Albany was presented with an update from Zemsky's agency about SolarCity's timetable and work.

Not exact matches

These changes significantly restructured regulatory oversight and other aspects of the financial industry, created a new federal agency to supervise and enforce consumer lending laws and regulations and expanded state authority over consumer lending.

He bemoaned the outdated state of financial regulation, but expressed hope that blockchain technology might enable government oversight.

A multitude of federal agencies, self - regulatory organizations (SROs), and state authorities share oversight of the financial system under a framework riddled with regulatory gaps, loopholes, and inefficiencies.»

The Auditor General, in her Observations on the financial statements, stated that «having accrual - based budgeting results in improved financial oversight as the plans and related results are on the same basis of accounting and therefore result in better transparency and accounting.

SUNY Poly's seemingly precarious financial state — particularly since former president Alain Kaloyeros resigned in October after state and federal corruption charges were filed against him related to his oversight of bidding processes at two of the school's affiliated nonprofits — has been widely reported, but the internal documents offer a rare glimpse at how the crisis has been perceived and deliberated internally.

SUNY Poly's seemingly precarious financial state — particularly since former president Alain Kaloyeros resigned in October after state and federal corruption charges were filed against him related to his oversight of bidding processes at two of the school's affiliated nonprofits — has been

Without proper state oversight, these deceptive practices could potentially lead to another financial meltdown, similar to the subprime mortgage crisis in 2008.

The State Comptroller's Office advised the city last Friday that a 2014 budget deficit could lead to the return of a financial control board, which would assume oversight of the city's spending.

The group cited Cahill's support for hydrofracking, making changes to the state's Scaffol Law as well as «reasonable state - level oversight» of the financial services industry.

Also at 11 a.m., Sen. Tony Avella joins Hollis residents to announce new legislation he introduced to provide stricter oversight of federally - chartered banks by the State Department of Financial Services, in front of the former Capital One Bank, 204 - 12 Hillside Ave., Queens.

After weeks in which state Comptroller Tom DiNapoli has needled Cuomo about his 2011 efforts to reduce the comptroller's oversight powers, the governor's Department of Financial Services issued a 20 - page report blasting DiNapoli's management of the state's $ 178.6 billion Common Retirement Fund.

State Comptroller Thomas DiNapoli's office released an audit of the City of Newburgh's financial oversight that said officials failed to accurately track the city's budget which led to millions of dollars in shortfalls and a higher than necessary tax hike for its residents.

Employers say the fund isn't needed given the regulatory oversight that the state Department of Financial services has and given the reserves that modern insurance companies must maintain.

The contentious campaign included strident criticism of Strough for failing to inform the public and other board members of a state audit citing inadequate financial oversight on town contracts.

This legislation will help ensure that emerging investment managers, under the oversight of the State Comptroller, have the ability to invest with MWBE financial institutions and to adopt a strategy that motivates investments in underserved areas of the State.

Powell, who joined the PEP in 2012 and served on the contract committee, contends he never got the state - required minimum six hours of training on financial oversight, accountability and fiduciary duties.

In sharp contrast to the more laissez - faire charter school fiscal oversight are the strict financial checks and balances the state imposes upon districts that are in the red.

The opinion, issued Thursday, found current law «indicates the General Assembly intended to treat the Chicago Public Schools differently than other Illinois school districts with respect to financial oversight by the State Board of Education.»

In other states with school vouchers, minimal financial and academic oversight has resulted in fraud and abuse.

According to an oversight report from the school's authorizers at the State University of New York, UFT Charter struggled due to high turnover, financial mismanagement, and a lack of resources such as textbooks and other classroom equipment.

Each category involves progressively lower letter grades, the loss of financial incentives and increased oversight / jjsupport and sanctions from district and state government.

The California Charter School Association (CCSA) is calling «simply inaccurate» a report released yesterday that said state charter schools require more financial oversight.

«The state's failure to create an effective financial oversight system is obvious, as Louisiana charter -LSB-...] Read More»

The Department of Education's responsibilities include gathering data to assess how well certain programs and grants are working, awards Pell grants federal financial aid through loans and provides oversight over state policies to prevent discrimination.

Maryland's degree of oversight has its benefits, but the state needs to re-examine just what requirements the charters should be forced to follow and which they shouldn't given their unique financial and governance structure.

While the state has complex, multi-layered systems of oversight of the charter system, this history of financial fraud makes it clear that these systems are not effectively detecting or preventing fraud.

The district emerged from six years of state control in 2009, after a $ 100 million financial bailout and oversight from administrators appointed to right the district's fiscal ship.

Schools that receive McKay Scholarships would have to participate in the state's financial oversight system for scholarship programs.

Indiana has no financial reporting requirements for private schools that receive public funds, leaving taxpayers with less oversight and accountability than with the state's public schools.

The affront to the Jackson Public Schools and the Jackson community is compounded by the fact that just last month, a state watchdog panel launched an investigation of the Mississippi Department of Education, expressing concerns about possible financial malfeasance, lack of transparency and oversight, and cronyism.

Despite all the rhetoric about «increased accountability,» when it comes to issues like full financial transparency, compliance with state laws on contracting, or even background checks on employees, lack of adequate oversight creates the inevitability of poor quality, non-compliance with laws governing the schools and outright fraud.

requiring that any Federal financial assistance provided under this chapter be spent on correcting safety deficiencies identified by the Secretary or the State safety oversight agency before such funds are spent on other projects;

In addition to providing the regulatory oversight of consumer lenders in the state, the Wisconsin Department of Financial Institutions also managed complaints against loan providers, including banks and credit unions.

Many private lenders issue too few mortgage loans to be closely watched in the patchwork of state and federal oversight that bind banks and other larger financial institutions.

Though payday lenders have historically been regulated on the state level, the Consumer Financial Protection Bureau has explored establishing federal regulations and oversight.

Licensing and regularly reviewing servicers to operate in the state establishes necessary standards and oversight to be sure loan borrowers are given proper accommodation, customer service, and are not underserved or exploited by their servicing agencies for financial gain at their detriment.

And the state of California provides little financial help and no oversight, according to the lawsuit.

advising a state - owned financial institution on an inquiry commenced by its regulator into its anti-money laundering systems, anti-fraud controls and management oversight.

A Jan. 8 report by Yonhap News states that representatives from the Korean Financial Services Commission (FSC), as well as those from the relevant agencies in Japan and China, met last month to discuss the oversight of cryptocurrency investment.

This state agency is responsible for management and oversight of the student financial aid system, including grants, scholarships and loan programs.

Professional background screeners are subject to federal oversight regarding compliance with the Fair Credit Reporting Act (FCRA) and the background screening industry is highly regulated by the Federal Trade Commission (FTC), Consumer Financial Protection Bureau (CFPB), and state and local consumer protection laws.

Non-Profit Program and Operations Coordinator — Duties & Responsibilities Lead through example with consistent work ethic, attitude, and professionalism, while executing various program administration functions, overseeing operations and ensuring both efficient organizational communications and processes Collaborate in all phases of strategic planning with other members of management team, including program mission, marketing and public relations, vendor and volunteer management, member services and systems implementation Demonstrate leadership with respect to program direction, fundraising strategies and project management Provide continuous assessment of key considerations, potential issues, and the utilization of available resources, while furnishing oversight and guidance regarding effective donor recruitment and recognition strategies Perform needs - based and situational assessments of policies and procedures to evaluate program effectiveness, improve operational efficiency, manage and reduce costs, and promote both staff and member satisfaction Utilize talent among team members with focused training efforts, effective collaboration and the promotion of a performance - based work environment that leverages individual talents for group benefit Employ support staff to aid in effective marketing, relations, administration and program operations, delegating important tasks and assignments while providing timely follow - up to ensure task completion Facilitate the effective execution of all related administrative and financial aspects of non-profit management, while analyzing and presenting important information to executives, stakeholders and other relevant parties Ensure the organization and maintenance of relevant information in confidential, secure, and efficient manner as well as adherence to all stated laws, statutes, policies, procedures and guidelines with application in the non-profit arena Support the creation and implementation of organizational marketing and operations strategies while tracking performance versus internal and external benchmarks, focusing on both program growth as well as cost management Develop and maintain a strong working knowledge of related products, services, techniques and relevant tools

Regional Restaurant Management — Duties & Responsibilities Lead through example with consistent work ethic, attitude, and professionalism, supervising the facilitation of food sales, overseeing restaurant operations and promoting a high - quality, memorable customer dining experience Participate in all phases of strategic store - level planning with other management professionals, including local staffing, service - related concerns, inventory control, merchandising, sales and revenue projections, and local competition Employ various strategies to manage and reduce food, beverage and labor expenses Supervise all store opening and closing functions, including the acquisition and sale of all equipment, state and county inspections, general contractor relations, hiring and terminations, and financial data transmission Perform continuous assessment of all operational aspects while furnishing oversight and guidance regarding the effective application and execution of critical internal policies and procedures to standardize restaurant offering across markets Meet and exceed customer satisfaction benchmarks while tracking progress versus established branch and corporate guidelines Identify and utilize talent among team members with focused training efforts, targeted professional hiring, job fair management and the promotion of a performance - based work environment that leverages individual talents for group benefit Provide relevant administration and oversight with respect to all HR - related functions, including payroll and compliance tasks Oversee the management of daily, weekly and monthly food and supply inventories, in addition to alcohol products, while holding responsibility for the development of weekly P&L statements and internal store audit execution Address local management and staff queries and resolve them in an expedited manner, promoting sustained revenue growth through relationship development and the leveraging of both talent and resources at all locations Collaborate and communicate effectively with all store personnel as well as with members of corporate management Execute all marketing and sales strategies while tracking progress versus established internal and external industry benchmarks, focusing on both revenue generation, customer acquisition and brand loyalty development Maintain a strong working knowledge of product and services as well as related industry considerations, including pricing and regulatory trends, service - related issues and local competitor operations

There are protections in place in many states requiring oversight of adult adoptions where caregivers of the elderly are involved, in order to prevent elder financial abuse.

Unlicensed agencies and facilitators often do not have the same State oversight; consequently, there may be more financial, legal and emotional risk for expectant parents and birth families using unlicensed services.

Nevada is considering requiring mortgage brokers in the state to be licensed and appointing an oversight commission to examine the state's Financial Institutions Division.