Search
XIV.14.E Recording General Capital Assets – XIV. Special Procedures
… General capital assets should be classified in the appropriate account code to indicate the type of fixed asset owned. General capital assets should be …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14e-recording-general-capital-assetsIf You Need Help – Governmental Accounting Standards Board
… questions about your GASB report or for help accessing Retirement Online , use our help desk form (select … with Governmental Accounting Standards Board GASB Statement No 68 or for questions about your NYSLRSissued GASB …
https://www.osc.ny.gov/retirement/employers/gasb/if-you-need-helpVIII.3 Interagency Billing – VIII. Accounts Payable Journal Vouchers & General Ledger Journal Entries
… OVERVIEW Interagency billing is a process that allows agencies to bill each other, … check and using accounting entries only. The interagency billing process provides visibility into the status of … Online AND Future Phase AGENCIES PERFORMING INTERAGENCY BILLING Scenario 1: Online Agency Bills an Online Agency The …
https://www.osc.ny.gov/state-agencies/gfo/chapter-viii/viii3-interagency-billingDiNapoli: Central New York Economy Slowly Improving
… The Central New York economy is starting to rebound from the Great Recession … Cortland, Madison, Onondaga and Oswego. The area includes Syracuse, one of the state’s largest cities, as well as other …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-central-new-york-economy-slowly-improvingSecurity Over Critical Information Systems
… performance accountability system, oversees the licensing of numerous professions, certifies teachers, and administers a host of other educational programs. Its responsibilities include oversight of more than 700 school districts with 3.2 million students, …
https://www.osc.ny.gov/state-agencies/audits/2017/07/19/security-over-critical-information-systemsFuel and Services
… Background DMNA assists State and local first responders with emergencies such as Superstorm Sandy.We considered … Key Recommendations Conduct procurements in accordance with all applicable laws, rules, and regulations. Review fuel …
https://www.osc.ny.gov/state-agencies/audits/2015/06/30/fuel-and-servicesConstitutional Debt Limit
… In New York State, there are limits to how much debt a local … villages: The debt limit is a percentage of the five-year average full valuation of taxable property within a …
https://www.osc.ny.gov/local-government/resources/constitutional-debt-limitReal Estate Portfolio
… York Power Authority (NYPA) is the nation's largest state public power entity and a leader in supplying the State with electrical power. Public Authorities Law Section 2896 requires each authority …
https://www.osc.ny.gov/state-agencies/audits/2014/06/20/real-estate-portfolioImproper Medicaid Managed Care Payments for Durable Medical Equipment, Prosthetics, Orthotics, and Supplies on Behalf of Recipients in Nursing Homes (Follow-Up)
… Objective To assess the extent of implementation of the four … the cost of most DMEPOS, and separate payments are not to be made for DMEPOS when the cost of these items is … MCO overpayments for DMEPOS items that likely should have been provided by nursing homes as part of the daily …
https://www.osc.ny.gov/state-agencies/audits/2023/06/21/improper-medicaid-managed-care-payments-durable-medical-equipment-prosthetics-orthotics-andOrdinary Death Benefit – Article 14 Benefits
… payable to your designated beneficiary if you have 90 days of service and your death occurs: While you are on the payroll; or While you are on an authorized medical leave … Service law. The first $50,000 of this benefit is paid in the form of group term life insurance, which is currently …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-death-benefitExamination of Unemployment Insurance Benefits
… requests and payments DOL approved were appropriate and in accordance with applicable Federal and State laws and … including: (i) high risk payment requests DOL approved in 2015; and (ii) prior year payments related to those 2015 … duplicate payments; and (iii) out of country indicators in the claimants’ log file to the DOL payment file to …
https://www.osc.ny.gov/state-agencies/audits/2016/09/16/examination-unemployment-insurance-benefitsXVI.3.E The Reporting Entity – XVI. Financial Reporting
… Corporations Urban Development Corporation The Tobacco Settlement Financing Corporation is classified as a component …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3e-reporting-entityVillage of Suffern – Budget Review (B21-6-2)
… fiscal year. Background The Village of Suffern, located in Rockland County, is authorized to issue debt not to exceed $5 million to liquidate the accumulated deficits in the Village’s general, water, sewer and capital projects … Key Findings Significant revenue and expenditure estimates in the tentative budget are reasonable. However, we estimate …
https://www.osc.ny.gov/local-government/audits/village/2021/04/16/village-suffern-budget-review-b21-6-2Loans: Applying and Repaying
… Retirement Online is the fastest and easiest way to apply for … one year of service credit; and Actively work for New York State or a participating employer (if you are on leave … of Accounts Receivable. NYSLRS 110 State Street Albany, NY 12244 Paying Off Your NYSLRS Loan NYSLRS will tell your …
https://www.osc.ny.gov/retirement/members/loans-applying-and-repayingDiNapoli: NYC Finances Continue To Benefit From Better Than Projected Revenue but Spending Pressures Remain
… York City adopted a balanced budget for fiscal year (FY) 2025, totaling $116.8 billion including expense prepayments … the city faces a number of fiscal pressures entering FY 2025, which threaten the budget balance in the coming years. … entering FY 2023, is estimated at $4.4 billion entering FY 2025. FY 2024 was the second year the city expended more than …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-finances-continue-benefit-better-projected-revenue-spending-pressures-remainEconomic and Demographic Trends – 2021 Financial Condition Report
… percent compared to the decline nationally of 6.1 percent. New York ranked second among the states for job losses in 2020; … benefits provided through the federal relief packages. NYS GDP Just Over $1.4 Trillion in 2020 A state’s Gross Domestic …
https://www.osc.ny.gov/reports/finance/2021-fcr/economic-and-demographic-trendsHousing Trust Fund Corporation – Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Follow-Up) (2022-F-18) 30-Day Response
To assess the extent of implementation of the six recommendations included in our initial audit report, Housing Trust Fund Corporation: Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Report 2020-S-4).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2023-22f18-response.pdfIX.12.G Check Clearance Patterns – IX. Federal Grants
… A “check clearance pattern” projects the amount subtracted from a state’s bank account each day … of federal funds. That is, the clearance pattern reflects how those checks clear the bank account in the days following … Under the CMIA, the U.S. Treasury may require states to develop check clearance patterns for the purpose of: …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12g-check-clearance-patternsDiNapoli: NYC Transportation and Warehousing Sector Fares Better Than Other Sectors in Recovery Amid Shift to E-Commerce
… were members of a labor union, compared to 21% of all public and private workers citywide. DiNapoli’s report notes …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-nyc-transportation-and-warehousing-sector-fares-better-other-sectors-recovery-amid-shift-eEmployer Billing
… As a participating employer, you are billed each November for your share of the … fiscal year. Your annual invoice is only one piece of the billing process. The resources below can help you understand the entire process. This Billing Dashboard Quick Guide will show employers with the Billing …
https://www.osc.ny.gov/retirement/employers/employer-billing