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DiNapoli: As State Tax Check-Off Options Increase, Spending Lags for Most

… but money from less than one-third of the tax check-off funds has been spent in the last six years,” DiNapoli said. “Donors expect their funds to serve the causes they support. Agencies need to … to provide greater clarity on why spending from the funds is lagging.” In State Fiscal Year (SFY) 2022-23, …

https://www.osc.ny.gov/press/releases/2024/01/dinapoli-state-tax-check-off-options-increase-spending-lags-most

IX.12.N Fund Availability and Interest Liability – IX. Federal Grants

… days between the average date of check clearance for the disbursement and the date the related federal funds are … interest will be calculated on the federal portion of the disbursement. Federal interest liabilities will also be … program subject to CMIA, as follows: The amount of the disbursement for which the state paid out its own funds (as …

https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12n-fund-availability-and-interest-liability

Enhanced Medicaid Payments to Selected Home Health Care Service Providers (Follow-Up)

… audit report, Enhanced Medicaid Payments to Selected Home Health Care Service Providers (Report 2009-S-25). Background Our …

https://www.osc.ny.gov/state-agencies/audits/2013/09/05/enhanced-medicaid-payments-selected-home-health-care-service-providers-follow

Clinton-Essex-Warren-Washington Board of Cooperative Education Services – Employee Benefit Plan Forfeited Funds (2022M-31)

… Services (BOCES) officials ensured the third-party administrator (administrator) returned forfeited funds from … from the FSA, DCAP and HRA for the 2014-15 through 2020-21 plan years to BOCES. As a result, all forfeited funds were …

https://www.osc.ny.gov/local-government/audits/boces/2022/08/05/clinton-essex-warren-washington-board-cooperative-education-services-employee

Burnt Hills-Ballston Lake Central School District – Employee Benefit Plan Forfeited Funds (2023M-88)

… Audit Objective Determine whether Burnt Hills - Ballston Lake Central School District (District) officials ensured the … corrective action. … audit school burnt hillsballston lake …

https://www.osc.ny.gov/local-government/audits/school-district/2023/10/13/burnt-hills-ballston-lake-central-school-district-employee-benefit-plan

NYS Common Retirement Fund Announces Third Quarter Results

… quarter that saw continued strong performance in domestic and developed international equities markets," DiNapoli said. "Our investment strategy is geared toward consistently achieving long term results but we watch the markets closely to capitalize on emerging …

https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-results

XIV.14.K SUNY and CUNY Senior Colleges Funds and Public Benefit Corporations – XIV. Special Procedures

… are obtained from the audited financial statements issued by the entities comprising these funds and are included in the government-wide financial statements of the State. Guide to Financial Operations REV. 01/01/2017 … … are included in the governmentwide financial statements of the State …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14k-suny-and-cuny-senior-colleges-funds-and-public-benefit-corporations

DiNapoli Proposal Would Provide More Accountability for Personal Income Tax Check-Off Funds

… Remembrance and Cemetery Maintenance and Operation, and Teen Health Education. The more than $15 million sitting …

https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposal-would-provide-more-accountability-personal-income-tax-check-funds

Fund Financial Data – 2022 Financial Condition Report

… resources—cash or liquid assets that are available to pay current obligations (or will be soon). Funds represent … spending for particular purposes. The General Fund is used to report sources of funds and expenditures that are not required to be accounted for in another separate fund. In New York …

https://www.osc.ny.gov/reports/finance/2022-fcr/fund-financial-data

Fund Financial Data – 2021 Financial Condition Report

… resources—cash or liquid assets that are available to pay current obligations (or will be soon). Funds represent … spending for particular purposes. The General Fund is used to report sources of funds and expenditures that are not required to be accounted for in another separate fund. In New York …

https://www.osc.ny.gov/reports/finance/2021-fcr/fund-financial-data

DiNapoli: Some Taxpayer Check-Off Donations Not Utilized for Worthy Causes

… check-offs on their personal income tax forms, but these funds often sit unused, according to a report issued today by … More than $14 million has accumulated in six check-off funds, with nearly 90 percent of that for health-related … causes they care about but the money is piling up for some funds,” DiNapoli said. “It is past time to fix the problems …

https://www.osc.ny.gov/press/releases/2014/01/dinapoli-some-taxpayer-check-donations-not-utilized-worthy-causes

COVID-19 Relief Program Tracker

… Budget is available for certain health and public safety payroll costs and other costs related to the pandemic, thus …

https://www.osc.ny.gov/reports/covid-relief-program-tracker

Fund Financial Data – 2023 Financial Condition Report

… Fund financial statements provide a short-term view of finances. As such, these statements only focus on the inflows and outflows of current financial resources— cash or liquid assets that … obligations (or will be soon). Funds represent sources of funding and spending for particular purposes. The General …

https://www.osc.ny.gov/reports/finance/2023-fcr/fund-financial-data

Village of Lyons Falls - Board Oversight (2018M-174)

… Determine whether the Board provided adequate oversight to ensure Village funds are properly accounted for and safeguarded. Key Findings The Board did not adequately segregate financial duties and did not provide sufficient oversight or compensating controls …

https://www.osc.ny.gov/local-government/audits/village/2018/12/28/village-lyons-falls-board-oversight-2018m-174

DiNapoli: Pharsalia Supervisor Arrested in Alleged $123K Theft

… filing a complaint online at [email protected] , or by mailing a complaint to: Office of the State …

https://www.osc.ny.gov/press/releases/2019/04/dinapoli-pharsalia-supervisor-arrested-alleged-123k-theft

Town of Ballston - Water Fund Financial Operations (2023M-60)

… rates were applied consistently, and meters were accounted for. The water clerk (clerk) inaccurately relevied all 25 … or delivered with water used and could not account for water totaling $300,000. To meet minimum purchase … requirements, the Town paid the Town of Glenville $135,000 for 38.5 million gallons of water it did not receive or use. …

https://www.osc.ny.gov/local-government/audits/town/2023/12/15/town-ballston-water-fund-financial-operations-2023m-60

DiNapoli, James and Garnett Announce Sentencing in Straw Donation Scheme

… Thomas P. DiNapoli, Attorney General Letitia James and New York City Department of Investigation Commissioner Margaret Garnett announced the sentencing of non-profit …

https://www.osc.ny.gov/press/releases/2020/02/dinapoli-james-and-garnett-announce-sentencing-straw-donation-scheme

Town of Adams – Justice Court Operations (2020M-163)

… retired Justice’s bank account exceeded known liabilities by a total of $1,104. The Board’s annual audit of the …

https://www.osc.ny.gov/local-government/audits/justice-court/2021/02/26/town-adams-justice-court-operations-2020m-163

Opinion 88-21

… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues … of park land. Although we were unable to locate a court decision specifically addressing the issue of construction of … S Ct 3141, 97 L Ed 2d 677 [1987], in which United States Supreme Court held that required grant of public easement …

https://www.osc.ny.gov/legal-opinions/opinion-88-21

Taxes and Interest

… we received it. We’re required by the federal government to report certain types of payments to the Internal Revenue … form. We'll let you know if you need to complete an IRS W-9 form to confirm your social security number or taxpayer … and possibly qualify for a reduced withholding rate, submit a  W-8BEN  (individuals) or W-8BEN-E  (Entities). …

https://www.osc.ny.gov/unclaimed-funds/claimants/taxes-and-interest