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DiNapoli: Contribute to 529 College Savings Account by Dec. 31 for Tax Benefits
… to New York's 529 College Savings Program accounts tax deductible* but now lower fees, higher maximum balances … made by Dec. 31 can provide up to $10,000 in state tax deductions on 2017 income tax filings. New Yorkers can … None of the State of New York, its agencies, the Federal Deposit Insurance Corporation (FDIC), The Vanguard …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-contribute-529-college-savings-account-dec-31-tax-benefitsState Comptroller DiNapoli Releases Municipal & School Audits
… to help prevent unauthorized use, access and loss. In addition to sensitive information technology control … needed. Twenty-two of these accounts have not been used in more than five years. Town of German – Supervisor’s … did not maintain the town’s accounting records and reports in a complete, accurate and up-to-date manner. As a result, …
https://www.osc.ny.gov/press/releases/2023/07/state-comptroller-dinapoli-releases-municipal-school-audits-0Real Property Dispositions
… Purpose To determine whether the Port Authority of New York and New Jersey: evaluated properties that are not essential to its core mission, as required, and took appropriate …
https://www.osc.ny.gov/state-agencies/audits/2017/07/28/real-property-dispositionsReal Estate Portfolio
… (Authority) provides public transportation services in Monroe, Genesee, Livingston, Orleans, Wayne, Wyoming, and …
https://www.osc.ny.gov/state-agencies/audits/2013/04/26/real-estate-portfolioReal Estate Portfolio
… Authority (Authority) oversees bus and rail services in Niagara and Erie counties. Public Authorities Law Section … whether to hold or dispose of its property holdings. In some cases, it has held onto unneeded parcels for many …
https://www.osc.ny.gov/state-agencies/audits/2014/03/27/real-estate-portfolioReal Estate Portfolio
… Purpose To determine whether the New York Power Authority has accounted for all of its real estate … The New York Power Authority (NYPA) is the nation's largest state public power entity and a leader in supplying …
https://www.osc.ny.gov/state-agencies/audits/2014/06/20/real-estate-portfolioReal Property Portfolio
… State Development (ESD) fully and accurately accounted for and reported on its real property holdings and the need … ESD may transfer to a subsidiary any real property for any project to carry out the purposes of growing the … can be disposed of; and no less than annually publish a report listing all real property of the authority, including …
https://www.osc.ny.gov/state-agencies/audits/2024/08/21/real-property-portfolioReal Property Tax Cap Information - Glossary
… charged by volume) are not included. Allowable Levy Growth Factor – The amount local governments are permitted to … cost more than 5% of prior year expenditures. Inflation Factor - Determined by calculating the average Consumer Price … allowing raising taxes more than the allowable levy growth factor. Payments in Lieu of Taxation (PILOTs) - Often used by …
https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-information-glossaryOpinion 90-3
… other cities and towns in the county "on the basis of the ratio which the full valuation of real property in each city … Its portion of the town's share will be equal to "the ratio that the full valuation of real property in the … §1262(d) does require that there be a determination of the ratio of the full valuation in the village to the full …
https://www.osc.ny.gov/legal-opinions/opinion-90-3Real Property Tax Cap - School Districts Guidance
… potential post-audit review. Issued: February 18, 2016 … Real Property Tax Cap School Districts Guidance …
https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-school-districts-guidanceReal Property Tax Exemptions Administration (2017-MR-4)
… through December 31, 2016. Background All real property in New York is subject to taxation unless specific legal … of Age or Older (Senior Citizens) and Veterans exemptions in 10 towns. Key Findings Assessors granted exemptions that …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2018/04/13/real-property-tax-exemptions-administration-2017-mr-4Real Estate Advisory Committee
… is appointed by the Comptroller, with the consent of the Investment Advisory Committee, pursuant to Section 423 of the … disapproves of a proposed mortgage or real estate investment, the investment will not be presented to the …
https://www.osc.ny.gov/common-retirement-fund/resources/real-estate-advisory-committeeOpinion 98-11
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … office or official depositary under the exclusive care and custody of the United States Post Office, the payment, upon …
https://www.osc.ny.gov/legal-opinions/opinion-98-11Opinion 99-15
… solely because property not served by water or sewer system) SEWERS AND SEWER SYSTEMS -- Financing of (authority … tax exemptions when property not served by water or sewer system) VILLAGES -- Powers and Duties (authority to provide … of municipalities and "quasi-municipal corporations" (NY Const., art III, §1, art XVI, §1; see, e.g., Greater …
https://www.osc.ny.gov/legal-opinions/opinion-99-15Opinion 92-35
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion …
https://www.osc.ny.gov/legal-opinions/opinion-92-35Opinion 95-15
… 259(1); REAL PROPERTY TAX LAW, §§556(6)(a), 726(1)(c), 734(1): A school district making a real property tax … small claims assessment review proceedings. Section 726(1)(c) provides that any final order in a proceeding under … a manner which will work hardship or injustice (see, e.g., Freeman v Kiamesha Concord Inc. , 76 Misc 2d 915, 351 NYS2d …
https://www.osc.ny.gov/legal-opinions/opinion-95-15Overlapping Real Property Tax Rates and Levies - FAQs
… Property Tax Rates and Levies Frequently Asked Questions: What information is in the Overlapping Real Property Tax tables? Real property … spreadsheets. The Overlapping Real Property Tax tables are a reference tool for taxpayers, government leaders, local …
https://www.osc.ny.gov/local-government/data/overlapping-real-property-tax-rates-and-levies-faqsReal Estate Portfolio (Follow-Up)
… Purpose To determine the extent of implementation of the nine recommendations included in our initial report, … efficiency, renewables and innovation, for the benefit of our customers and all New Yorkers.” To accomplish its …
https://www.osc.ny.gov/state-agencies/audits/2018/12/28/real-estate-portfolio-followWhat is the Real Property Tax Cap?
… With some exceptions, the State’s Property Tax Cap limits the amount local … or the rate of inflation. (Individual property tax bills are based on various factors, and they may increase more than … data to compute the tax cap; and establishing requirements for reserves of excess funds. For more information, see …
https://www.osc.ny.gov/local-government/property-tax-cap/what-real-property-tax-capReal Property Tax Cap and Tax Cap Compliance
… File Real Property Tax Cap Form or Tax Cap Compliance Form Enrollment Instructions [pdf] Real Property Tax Cap What is the Real Property Tax Cap? Information for Local … Tax Cap Training These webinars provide a general overview of the Property Tax Cap for Local Governments and School …
https://www.osc.ny.gov/local-government/property-tax-cap