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DiNapoli: Wall St. on Track for Higher Profits
… billion in the first half of 2016, which puts it on course for higher profits than last year and could end three years … could decline for the third consecutive year. The average salary (including bonuses) of securities industry employees … pay has narrowed since the financial crisis, the average salary in the securities industry was still five times higher …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-wall-st-track-higher-profitsNYSLRS Record of Activities - Elected and Appointed Officials
This webinar will explain how the New York State and Local Retirement System (NYSLRS) determines service credit for Elected and Appointed Officials.
https://www.osc.ny.gov/files/local-government/academy/pdf/record-of-activities-nyslrs-031925.pdfState Comptroller Thomas P. DiNapoli Statement on State Budget for State Fiscal Year 2023-24
… health care, and provides significant, recurring funding to the MTA that will help close budget gaps. The Governor has … rainy day reserves. The state should put this authority to use by relying more on statutory, rather than informal, … preparing for economic and budgetary risks. "With an end to federal pandemic aid approaching and the possibility of an …
https://www.osc.ny.gov/press/releases/2023/05/state-comptroller-thomas-p-dinapoli-statement-state-budget-state-fiscal-year-2023-24State Agencies Bulletin No. 1380
… Purpose To inform agencies of the timeline for the conversion of the account codes in PayServ to the … The accounting, reporting and payroll distribution data for all employees paid through PayServ will be affected. … be able to compare data across PayServ and SFS, allowing for easier reconciliation of payroll charges. OSC has …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1380-new-york-state-payroll-system-payserv-conversion-statewide-financialXII.5.J Entering the Division of the Budget Approval Code – XII. Expenditures
… payments that are subject to approval by the Division of the Budget (DOB), Business Units should indicate the … B-1184 request number in the DOB Approval Code field of the voucher. Guide to Financial Operations REV. 03/19/2012 … payments that are subject to approval by the Division of the Budget DOB Business Units should indicate the approved …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5j-entering-division-budget-approval-codeCost-of-Living Adjustment – Divorce and Your Benefits
… with a share of the COLA, unless otherwise indicated. For example, NYSLRS will interpret DRO that define the … unless the DRO specifically directs NYSLRS to provide COLA increases. Retirement and Social Security Law Section 78-A …
https://www.osc.ny.gov/retirement/members/divorce/cost-living-adjustmentTown of Danby – Claims Processing and Procurement (2022M-127)
… operations is diminished. Officials did not solicit bids for five commodities totaling $197,266 or obtain the minimum required quotes for purchases totaling $80,360. The Board approved unsupported claims totaling $223,781 for payment. The Board approved 19 claims twice, resulting in …
https://www.osc.ny.gov/local-government/audits/town/2022/12/16/town-danby-claims-processing-and-procurement-2022m-127Opinion 2001-5
… §91(1): A fire district may offer a reward of up to $1,000 for information leading to the arrest and conviction of individuals for felonies and misdemeanors directly connected to vandalism … You ask whether a fire district may offer a reward for information leading to the conviction of the persons …
https://www.osc.ny.gov/legal-opinions/opinion-2001-5Opinion 90-48
… -- Lowest Responsible Bidder (criteria and procedure for determining responsibility) SCHOOL DISTRICTS -- Transportation Contracts (criteria and procedure for determining "responsibility" of lowest bidder) EDUCATION … liberty interest and is entitled to notice of the reasons for the municipality's concern over his responsibility and an …
https://www.osc.ny.gov/legal-opinions/opinion-90-48About the Retirement System – What Every Employer Should Know
… to pay these benefits. NYSLRS administers benefits for more than one million retirees and members. … educational seminars covering a variety of subjects for your benefit and for your reporting staff who work with NYSLRS. When you have …
https://www.osc.ny.gov/retirement/employers/partnership/about-retirement-systemTransformation of the MTA
… Transportation Authority (MTA) established a working plan for implementing Transformation with completion dates and the … Plan (Plan) that resulted in improved service levels for the customer, process efficiencies, and cost reductions. … support services.” The roadmap consultant was responsible for 25 deliverables such as developing an inventory of IT …
https://www.osc.ny.gov/state-agencies/audits/2025/08/08/transformation-mtaComptroller DiNapoli and A.G. Schneiderman Announce Guilty Plea of Former NYC Council Member Ruben Wills
… pleaded guilty to one count of Offering a False Instrument for Filing in the Second Degree, a class A misdemeanor. … Division of Investigations conducted the investigation for the Office of the State Comptroller. Assistant Attorneys …
https://www.osc.ny.gov/press/releases/2017/11/comptroller-dinapoli-and-ag-schneiderman-announce-guilty-plea-former-nyc-council-member-ruben-willsMTA's East Side Access Project 10 Years Late and $4.4 Billion Over Budget
… Island Rail Road (LIRR) service to Grand Central Terminal for the first time, is expected to cost nearly $9 billion … DiNapoli also reported: The MTA’s current cost estimate for East Side Access is $8.25 billion, but that figure grows … new LIRR terminal below Grand Central Terminal accounts for more than one-quarter of the cost overrun, having grown …
https://www.osc.ny.gov/press/releases/2013/03/mtas-east-side-access-project-10-years-late-and-44-billion-over-budgetMember Outreach and Presentations
… Services We Offer Pre-Retirement Presentation (Webinar) A … Office of Employee Relations administers pre-retirement planning webinars . Contact your agency liaison to learn how …
https://www.osc.ny.gov/retirement/employers/member-outreach-and-presentationsNew York Youth Jobs Program
… of Labor (Labor) is ensuring that employers meet New York Youth Jobs Program (Program) eligibility …
https://www.osc.ny.gov/state-agencies/audits/2019/01/09/new-york-youth-jobs-programCambria Housing Authority – Financial Management (2015M-316)
… to determine if expenditures were itemized, supported and for proper Authority purposes, and if tenants’ income was verified on an annual basis for the period January 1, 2014 through August 24, 2015. … five-member Board of Directors. Operating expenditures for 2014 totaled approximately $91,000. Key Findings Claims …
https://www.osc.ny.gov/local-government/audits/public-authority/2016/02/12/cambria-housing-authority-financial-management-2015m-316Fraud Prevention and Detection
This session will identify steps local officials can take to help detect and prevent fraud and abuse. Participants will learn about the fraud triangle, which consists of common red flags, organizational vulnerabilities to fraud and how to minimize risks.
https://www.osc.ny.gov/files/local-government/academy/pdf/fraud-prevention-detection-080724.pdfGreene Central School District – Financial Condition (2016M-17)
… management of the District’s financial condition for the period July 1, 2014 through December 3, 2015. … seven-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year total approximately $24.7 … funded and when they would be used. The District’s reserve for compensated absences was overfunded. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/03/greene-central-school-district-financial-condition-2016m-17Contact Us
… If you still have a question, contact us by completing the form below. How much is my claim? To protect your privacy and prevent fraud, we can’t tell you …
https://www.osc.ny.gov/unclaimed-funds/claimants/contact-usSomers Central School District – Fixed Assets (2016M-74)
… fixed assets and information technology equipment for the period July 1, 2014 through December 1, 2015. … seven-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year total approximately $87 million. … controls over assets or how to maintain records for assets. Not all assets listed as disposed of had …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/10/somers-central-school-district-fixed-assets-2016m-74