Search
Unclaimed Property Relating to All Business Entities
Unclaimed property subject to Article V of the Abandoned Property Law includes amounts and securities due on a company’s own debt and equity issues, municipal d
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/general-corporations.pdfOpinion 92-36
… COUNTIES -- Powers and Duties (imposition of surcharge to finance E911 system); (implementation of E911 system on a … A county is not authorized by article 6 of the County Law to impose a surcharge on a part-county basis in order to finance the implementation of an enhanced 911 emergency …
https://www.osc.ny.gov/legal-opinions/opinion-92-36Public Authority Procurement
… Legislative Program Legislative Session 2021-2022: Public Authority Procurement – A.8504 (Paulin) – Requires public authorities to comply with certain provisions of the … Requires public authorities to comply with certain provisions of the …
https://www.osc.ny.gov/legislation/public-authority-procurementVendor Responsibility Review Process
… By law, State contracting entities may only award contracts to … contract fully. Who determines responsibility It is the State contracting entity’s duty to evaluate the … unfair competitions; and produces better value for the State and its citizens. For its part, the vendor must …
https://www.osc.ny.gov/state-vendors/vendrep/vendor-responsibility-review-processOpinion 91-59
… or disabled firefighters are, members of the Association. You ask whether the Volunteer and Exempt Firemen's Benevolent … firefighters are members of the Association. Again, since you indicate that you contemplate the purchase of an annuity, we suggest that …
https://www.osc.ny.gov/legal-opinions/opinion-91-59Opinion 89-36
… a period of probable usefulness of exactly five years. You ask whether the permissive referendum requirements of General … by the legislature (see Local Finance Law, §11.00). You ask the same question with respect to the expenditure of …
https://www.osc.ny.gov/legal-opinions/opinion-89-36DiNapoli: Rechargeable Battery Use Rising Dramatically, But State Not Enforcing Recycling Law Requirements
… If they’re just put in the garbage and enter the waste stream, they can end up in landfills and their chemicals can … in the waste stream and were the cause of a six-alarm fire on a trash barge in December 2021. DEC is responsible for … are being recycled in New York as the law requires or how much is being recycled. The agency also does little with …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-rechargeable-battery-use-rising-dramatically-state-not-enforcing-recycling-law-requirementsXVI.3.C State Funds Included in the ACFR – XVI. Financial Reporting
… Fund 22950 Housing Development Fund 23000-23001 NYS DOT Highway Safety Program Fund 23050-23051 Vocational …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3c-state-funds-included-cafrOpinion 88-28
… set forth in Public Officers Law, §70-a before it can be designated an "official newspaper" of a town pursuant … may not be designated an "official newspaper" (see, e.g., 1984 Opns St Comp, No. 84-58, p 73; 1981 Opns St … by Town Law, §64(11), it is necessary to determine where each newspaper is published to determine which of …
https://www.osc.ny.gov/legal-opinions/opinion-88-28DiNapoli Finds Slow Property Tax Growth for Local Governments
… maintenance and capital purchases or cut public services. For example, between FYE 2009 and 2013, counties reduced … tax freeze credit, which reimburses qualifying homeowners for property tax increases in communities that don’t exceed their tax cap, applies to local governments for fiscal years beginning in 2015 and 2016 and to school …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-finds-slow-property-tax-growth-local-governmentsTown of Covington – Tax Collection Remittance (P1-24-24)
… were not provided to finance Town and County operations in a timely manner. The Tax Collector did not remit taxes to … totaling approximately $800,000 to the County Treasurer in April 2024, instead of paying three separate required payments totaling $706,991 in February, $53,702 in March and $36,747 in April. As of …
https://www.osc.ny.gov/local-government/audits/town/2025/01/03/town-covington-tax-collection-remittance-p1-24-24-0Town of Middlebury – Tax Collection Remittance (P1-24-25)
… totaling approximately $912,000 to the Supervisor at least weekly as required by Town Law. The Tax Collector made one … in April 2024, instead of paying three separate required payments totaling $656,657 in February, $327,001 in March and …
https://www.osc.ny.gov/local-government/audits/town/2025/01/10/town-middlebury-tax-collection-remittance-p1-24-25Administrative Hearings
… prior to the hearing (see Requesting an Adjournment or Waiver of Appearance below). Additional information about … Part 317.5 (a) ). (Return to Top) Failure to Appear and Waiver of Appearance Failure to appear without an adjournment or waiver of appearance will result in the applicant’s case …
https://www.osc.ny.gov/retirement/members/administrative-hearingsEfforts to Collect Tolls and Fees Using License Plate Images and Law Firms
… fees using outside law firms and to minimize unbillable toll transactions. The audit covered the period January 1, … Bridges and Tunnels, is an MTA agency that operates seven toll bridges and two tunnels that interconnect parts of New … than any other bridge or tunnel authority in the nation. Toll revenues from TBTA help subsidize MTA’s transit and …
https://www.osc.ny.gov/state-agencies/audits/2018/07/11/efforts-collect-tolls-and-fees-using-license-plate-images-and-law-firmsOpinion 2024-1
… of Troy Endnotes 1 Infrastructure Investment and Jobs Act, Pub. L. No. 117–58 (November 15, 2021). As discussed in more … the portion from the curb stop into the building. 18 ARPA, Pub. L. No. 117-2 (March 11, 2021). The City also received a …
https://www.osc.ny.gov/legal-opinions/opinion-2024-1DiNapoli Issues Report on Transparency of Village Fiscal Activities
… office 60 to 120 days after the close of their fiscal year. The AFR must be made available to the public and … opportunities for financial mismanagement.” For fiscal year 2023, 246 (46%) of the state’s 532 villages filed their … and determined 25 did not file their AFR for fiscal year 2023, four filed their report significantly late (an …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-issues-report-transparency-village-fiscal-activitiesOpinion 93-8
… the debt limit prescribed by Local Finance Law, §104.00. For purposes of determining the amount of outstanding … variable rate debt which bears interest at rates and for periods specified at the time of issuance. Finally, if …
https://www.osc.ny.gov/legal-opinions/opinion-93-8DiNapoli: Audit Reveals Problems with Volunteer Firefighters’ Benefit Program
… are not accurately calculating credits for Length of Service Awards Programs (LOSAP) and as a result local volunteers may be shortchanged on benefits, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. LOSAP is a pension-like …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-audit-reveals-problems-volunteer-firefighters-benefit-programXIV.4.C Bank Account Reporting and Reconciliations – XIV. Special Procedures
… of the State Finance Law, the Commissioner of Taxation and Finance is required to publish in the State Register, on … New York State Register to ensure that all bank account and financial institution names are correctly shown. Updates … should be immediately reported to the Department of Tax and Finance – Division of the Treasury (DTF – Treasury). To …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv4c-bank-account-reporting-and-reconciliationsDiNapoli: NYC Health + Hospitals Confront Tough Fiscal Outlook as Washington Moves to Cut Health Care Spending
… support lose health insurance, while reimbursement rates for health care programs are cut by Washington, making it harder for the largest public health system in the country to reach … Plan, the New York state free or low-cost insurance plan for adults with low incomes who do not qualify for federal …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-nyc-health-hospitals-confront-tough-fiscal-outlook-washington-moves-cut-health-care-spending