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DiNapoli: Lockport Facing Severe Cash Flow Problems
… The city of Lockport will run out of cash to pay for operations in the very near future unless it … office without reliable financial information that would have alerted them to the impending financial crisis. The …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-lockport-facing-severe-cash-flow-problemsDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… $3.3 billion higher than forecast by the Division of the Budget (DOB) in the Amended Executive Budget financial … projections. PTET proceeds are expected by the Division of the Budget to be offset by lower personal income tax (PIT) … were made to the rainy-day fund reserves to set aside some of the state’s gains. Following through with plans to …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsDiNapoli: NYC Faces Unprecedented Fiscal and Economic Challenges
… nation,” DiNapoli said. “Without additional federal budget relief, the City will need to make hard choices to ensure … debating the size and content of another COVID-19 relief bill, but the outcome is uncertain. Full Report: …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-nyc-faces-unprecedented-fiscal-and-economic-challengesState Comptroller DiNapoli Releases Municipal Audits
… the known payees or remit them to the town. In addition, 55 of 100 tickets reviewed were not reported or incorrectly …
https://www.osc.ny.gov/press/releases/2020/11/state-comptroller-dinapoli-releases-municipal-audits-0Village of South Floral Park – Budgeting and Financial Oversight (2021M-5)
Determine whether the Village of South Floral Park’s (Village) Board provided adequate oversight and management of budgets and fund balance and ensured annual audits were completed.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/south-floral-park-2021-5.pdfTown of Yorkshire – Financial Management (2021M-109)
Determine whether the Town of Yorkshire (Town) Board (Board) and officials adopted realistic budgets, maintained reasonable levels of fund balance and properly planned for equipment replacement.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/yorkshire-2021-109.pdfDiNapoli: Audit Finds Major Shortcomings in Oversight of School Safety Planning
… to incidents of school violence, and establishes a uniform system for reporting violent incidents. The SAVE Act also …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-audit-finds-major-shortcomings-oversight-school-safety-planningDiNapoli: NYC Dept. of Buildings Is Not Doing Enough to Improve Construction Site Safety
… boroughs, of which 18 had active work in progress at the time. They found 77 safety issues at 16 of the 18, including … immediate hazards because DOB does not officially define how quickly these hazards have to be corrected. City … must be submitted “forthwith” — without delay. DOB doesn’t define “forthwith” and officials said they wait 80 to 94 days …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyc-dept-buildings-not-doing-enough-improve-construction-site-safetyDiNapoli Report Finds Big Five School Districts' Use of Pandemic Aid Reflects Different Priorities
… on Learning Loss from COVID-19 Fiscal Stress Monitoring System - School Districts: School Year 2019-20 Results; …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-report-finds-big-five-school-districts-use-pandemic-aid-reflects-different-prioritiesOpinion 98-14
… an estimate by the designated date, the budget officer is required to prepare an estimate for the administrative … regulation, a local law regulating the same subject matter is considered inconsistent and will not be given effect ( …
https://www.osc.ny.gov/legal-opinions/opinion-98-14DiNapoli: Wall St. First Half Profits Total $13 Billion, Down From 2022
… Wall Street’s 2023 first half profits of $13 billion were down 4.3% from … to 2019. That trend continued through the first half of 2023. If the rate of decline in profits in the first half of 2023 holds steady for the rest of the year, annual profits …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-wall-st-first-half-profits-total-13-billion-down-2022DiNapoli: Wall St. 2021 Profits near Record Levels
… will release its estimate for 2021 bonuses in Spring 2022. Wall St. accounts for just 5.2% of the city’s private …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-wall-st-2021-profits-near-record-levelsVII.3 AP Adjustment Voucher Overview – VII. State Revenues and Appropriated Loan Receivables
… Guide. Women and Infant Children (WIC) Rebates due to the Federal regulations regarding the State administration of the WIC federal grant program. Fraudulently cashed checks – the … of: 32207 Refund – Lapsed Approps, on the credit line. Federal Grants ROA transactions that relate to federal grant …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii3-ap-adjustment-voucher-overviewResidents of Long-Term Care Facilities Lacking Access to Advocates
… a restructuring of the program that resulted in larger service areas for a reduced number of local offices could … /www.osc.state.ny.us/audits/allaudits/093020/sga-2020-18s48.pdf Find out how your government money is spent at Open Book …
https://www.osc.ny.gov/press/releases/2019/10/residents-long-term-care-facilities-lacking-access-advocatesSUNY Bulletin No. SU-146
… automatic processing and provide agencies with procedures for submitting transactions that will not be processed … FEE , the effective date of the Salary Increase is based on the employee’s obligation. Standby Increases 6/28/07 for … in salaried and hourly positions who are Active or on a Paid Leave of Absence. Annual salaried employees receive …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-146-2007-3-retroactive-general-salary-increase-and-otherState Agencies Bulletin No. 786
… Code Narrative 410 Health Care Spending Account 420 NY Dependent Care Contribution 425 Repay State Loans/Debt 426 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/786-april-1-2007-salary-longevity-and-inconvenience-pay-increases-employeesNYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… economy is on pace to add more than 72,000 jobs in 2018 and the unemployment rate has fallen to 4.2 percent, the lowest level in 42 years, but financial risks for the city persist, according to a report released today by … plan, the city reached a tentative labor agreement with District Council 37. It also announced an agreement with the …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownState Agencies Bulletin No. 1910
… Purpose The purpose of this bulletin is to inform agencies of OSC’s upcoming automatic processing …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1910-april-2021-increase-location-pay-downstate-adjustment-and-location-payDiNapoli: New York City's Budget Benefits From Strong Economic Growth
… shows no signs of weakening, external events, such as recent developments in Greece and China, and changes in …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-new-york-citys-budget-benefits-strong-economic-growthOpinion 88-7
… longer represent those views if, among other things, there have been subsequent court cases or statutory amendments that … BONDS AND NOTES - Proceeds (use of surplus proceeds to pay debt service) MUNICIPAL FUNDS - Appropriations and … a town improvement district and current assessments also have been raised and appropriated for the purpose, the debt …
https://www.osc.ny.gov/legal-opinions/opinion-88-7