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New York’s Economy and Finances in the COVID-19 Era (July 1, 2021)
… Income and Earnings Returned to Pre-Pandemic Levels in New York? Recently released data from the U.S. Bureau of Economic Analysis show personal income in New York State has surpassed pre-pandemic levels by 12.8 … receipts to individuals, totaled nearly $1.6 trillion in the first quarter of 2021, an increase of 51.9 percent …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-july-1-2021State Agencies Bulletin No. 1819
… information for the 2019 Form 1042-S. Affected Employees All Nonresident Aliens receiving a Scholarship, employed as … page. Box 2 Gross Income The amount is the gross sum of all payments made for the calendar year 2019. Box 3 Chap. 3 … that apply to the types of payments made by the State of New York are Exemption Code 04 (Exempt under tax treaty) and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1819-form-1042-s-foreign-persons-us-source-income-subject-withholdingNew York’s Economy and Finances in the COVID-19 Era (March 18, 2021)
… to Report a Negative Overall Impact From COVID-19 One year since the onset of the COVID-19 pandemic, New York’s small … Economic Injury Disaster Loans are available for a 30-year term with payments deferred for one year. The Paycheck … One year since the onset of the COVID19 pandemic New Yorks small …
https://www.osc.ny.gov/reports/impact-covid-19-march-18-2021State Comptroller DiNapoli Releases Municipal & School Audits
… New York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued. Town of Ballston – Water Fund … 2022 fiscal year-end physical inventory. Fairport Central School District – Payroll and Employee Benefits (Monroe …
https://www.osc.ny.gov/press/releases/2023/12/state-comptroller-dinapoli-releases-municipal-school-audits-1DiNapoli: Tax Collections Down $1.3 Billion in First Half of Fiscal Year
… Tax collections through the first half of the state fiscal year (SFY) fell $1.3 billion (3.5 percent) to … a year ago as personal income tax (PIT) receipts, the state’s largest source of revenue, lagged expectations, … and monetary settlements released today by New York State Comptroller Thomas P. DiNapoli. The state’s General …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-tax-collections-down-13-billion-first-half-fiscal-yearDiNapoli: Wall Street 2022 Bonuses Fell 26% From Previous Year, Return to Pre-Pandemic Levels
… reverses the pool’s dramatic growth of 25% in 2020 and 15% in 2021. In 2022, Wall Street’s pretax profits fell 56% … while the CFY 2023 financial plan assumed a decrease of 35.6% for the securities industry. The securities industry also … in more than two decades. DiNapoli estimates that 1 in 11 jobs in the city is either directly or indirectly …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-wall-street-2022-bonuses-fell-26-previous-year-return-pre-pandemic-levelsDiNapoli: Rural Counties Face Shortage of Health Professionals
… and gynecologist (OBGYN) doctors, dentists and mental health practitioners, with several counties having no pediatricians or OBGYN doctors at all. The shortage of mental health practitioners in New York’s rural counties may … Professional Shortage Areas for primary care, dental and mental health; all 16 counties examined have shortage …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-rural-counties-face-shortage-health-professionalsState Agencies Bulletin No. 1770
… is to notify agencies of the 2019 Year End processing schedule for AC-230s (Report of Check Returned for Refund or … submit AC-230s to OSC in accordance with the processing schedule outlined in this bulletin. Agencies must always … is to notify agencies of the 2019 Year End processing schedule for AC230s Report of Check Returned for Refund or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1770-schedule-submitting-2019-year-end-returned-checksState Agencies Bulletin No. 1729
… To inform agencies of the content information for the 2018 Form 1042-S Affected Employees All Nonresident Aliens … year 2018 Background According to the IRS instructions for Form 1042-S, amounts subject to reporting on Form 1042-S are those that are paid to foreign persons …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1729-form-1042-s-foreign-persons-us-source-income-subject-withholdingApproved State Contracts and Payments
… In January, the Office of the State Comptroller approved 1,575 contracts for state … million, primarily due to errors, improprieties, or lack of documentation. More information on these contracts and … . Major Contracts Approved Division of the Budget $21 million with McKinsey & Company, Inc. for …
https://www.osc.ny.gov/press/releases/2018/02/approved-state-contracts-and-paymentsDiNapoli: NYC Contract Spending Rises $7 Billion Since FY 2019
… of Education (DOE), partially fueled by pandemic relief funded additions to programming. DOE accounted for almost … COVID and asylum seeker-related costs, mostly to provide shelter for unhoused individuals and families, as well as … the city consider publishing greater detail on how providers are paid for the service delivered as well as …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-nyc-contract-spending-rises-7-billion-fy-2019Access to Preschool Special Education Services
… laws and regulations to promote timely access to services for children across New York State. The audit … accomplishments. Providing special education programs and services at an early age helps prepare a child with a … students with disabilities. Preschool special education services for children 3 to 5 years of age can include but are …
https://www.osc.ny.gov/state-agencies/audits/2024/12/05/access-preschool-special-education-servicesState Agencies Bulletin No. 2009
… bulletin is to inform agencies of the content information for the 2021 Form 1042-S. Affected Employees All Nonresident … are affected. Background According to the IRS instructions for Form 1042-S, amounts subject to reporting on Form 1042-S … Income The amount is the gross sum of all payments made for the calendar year 2021. Box 3: Chap. 3 This box should …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2009-form-1042-s-foreign-persons-u-s-source-income-subject-withholdingState Agencies Bulletin No. 1900
… bulletin is to inform agencies of the content information for the 2020 Form 1042-S. Affected Employees All Nonresident … are affected. Background According to the IRS instructions for Form 1042-S, amounts subject to reporting on Form 1042-S … Income The amount is the gross sum of all payments made for the calendar year 2020. Box 3: Chap. 3 This box should be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1900-form-1042-s-foreign-persons-u-s-source-income-subject-withholdingState Agencies Bulletin No. 1543
… Purpose To inform agencies of the processing requirements for employees who claim exempt from Federal, State and/or … (Tax Withholding and Estimated Tax) and IRS Instructions for Form W-4 (Employees Withholding Allowance Certificate) … employees who claimed exempt from Federal withholding for tax year 2016, must file a new Form W-4 by February 15, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1543-claiming-exempt-federal-state-andor-local-tax-withholding-tax-year-2017State Agencies Bulletin No. 1456
… Purpose To inform agencies of the processing requirements for employees who claim exempt from Federal, State and/or … (Tax Withholding and Estimated Tax) and IRS Instructions for Form W-4 (Employees Withholding Allowance Certificate) … employees who claimed exempt from Federal withholding for tax year 2015, must file a new Form W-4 by February 16, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1456-claiming-exempt-federal-state-andor-local-tax-withholding-tax-year-2016Final Average Earnings
… Average Earnings Now Highest 3 Years A new law improves the pension benefits of NYSLRS Tier 6 members. When you … retire, your final average earnings (FAE) will be based on the average of your three highest consecutive years of earnings, the same as other members. These improvements apply to …
https://www.osc.ny.gov/retirement/members/final-average-earningsState Fiscal Year 2022-23 Enacted Budget Analysis
… where there are three or more children under five years of age for each available child care slot or where there are no …
https://www.osc.ny.gov/reports/state-fiscal-year-2022-23-enacted-budget-analysisState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… and one of the best funded in the nation. The long-term outlook for investors is changing and requires a more …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredSafety at Stations (Follow-Up) (2019-F-16)
To determine the extent of implementation of the two recommendations included in our initial report, Safety at Stations (Report 2016-S-91).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2020-19f16.pdf