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DiNapoli: Local Sales Tax Collections Up More Than 17% in November
… Statewide local sales tax collections grew by 17.5% in November compared to the same month in 2020, State … totaled almost $1.6 billion, up $235 million from November of last year. Collections for the month were also … to pre-pandemic levels, up 9.2% (or $133 million) from November of 2019. “As has been the case the past several …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-local-sales-tax-collections-more-17-novemberState Agencies Bulletin No. 1858.1
… of April 19, 2021 will have stop payments processed, the funds will be escheated and sent to the Office of Unclaimed Funds, (OUF) on April 21, 2021. Agency Actions … to the OUF on April 21, 2021. Employees can visit the Unclaimed Funds - Search for Lost Money website to search …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/18581-outreach-escheatment-2019-uncashed-payroll-checksTown of East Fishkill –Financial Condition (2014M-139)
… Purpose of Audit The purpose of our audit was to review the financial … 19, 2013. Background The Town of East Fishkill, located in Dutchess County, has approximately 29,000 residents. The … the sewer fund’s financial condition has deteriorated in recent years. Town officials did not adopt realistic …
https://www.osc.ny.gov/local-government/audits/town/2014/08/08/town-east-fishkill-financial-condition-2014m-139Hancock Central School District – Financial Condition (2013M-187)
… comprises five elected members. For the 2013-14 fiscal year, the District’s operating budget is approximately $10 … exceed the statutory maximum of 4 percent of the ensuing year’s budget for those same fiscal years. To reduce the … more conservative in its budgeting practices for fiscal year 2011-12 and 2012-13 and reduced its unexpended surplus …
https://www.osc.ny.gov/local-government/audits/school-district/2013/09/20/hancock-central-school-district-financial-condition-2013m-187DiNapoli Releases October State Cash Report
… our dependence on non-recurring resources.” Total All Funds receipts through Oct. 31 increased 5 percent, or … income tax (PIT) collections in April. Spending from All Funds through the first seven months of the fiscal year … The cash report focuses primarily on the General Fund and All Governmental Funds. The General Fund is the major …
https://www.osc.ny.gov/press/releases/2014/11/dinapoli-releases-october-state-cash-reportVillage of Tuckahoe – Financial Condition (2015M-88)
… Purpose of Audit The purpose of our audit was to review the Village’s financial condition for the period June 1, 2011 through March 3, 2015. Background The Village of Tuckahoe is located in Westchester County and has a population of approximately 6,600. The Village is governed by an elected five-member Board of …
https://www.osc.ny.gov/local-government/audits/village/2015/07/10/village-tuckahoe-financial-condition-2015m-88Town of Sidney – Budget Review (B4-15-18)
… 2016 fiscal year are reasonable. Background The Town of Sidney, located in Delaware County, issued debt totaling $2.5 …
https://www.osc.ny.gov/local-government/audits/town/2015/10/26/town-sidney-budget-review-b4-15-18Village of Whitney Point – Cash Disbursements (2013M-69)
… Purpose of Audit The purpose of our audit was to review the Village’s internal controls over cash disbursements for the period June 1, 2011, through January 29, 2013. Background …
https://www.osc.ny.gov/local-government/audits/village/2013/04/26/village-whitney-point-cash-disbursements-2013m-692020 Financial Condition Report – 2020 Financial Condition Report
… challenges, daunting as they are, but the longer-term outlook as well. Read More About this Report This report …
https://www.osc.ny.gov/reports/finance/2020-fcrState Agencies Bulletin No. 1751
… (6) (D) (ii) will increase to $200,000 for the 2019 plan year. Affected Employees Employees who are Tier 6 members of … to reflect the Maximum Salary Limit for the 2019 plan year. PayServ will automatically stop NYCTRS, NYCBERS, … will resume in the first paycheck of the following plan year. Questions Questions regarding this bulletin may be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1751-maximum-salary-limit-tier-6-members-following-retirement-systemsOverview – Special 20- and 25-Year Plans
… The New York State Budget enacted in April 2025 resulted in two new sections of the Retirement and … 5 members and Tier 6 members who joined before July 1, 2025.* Section 383-f of the RSSL provides a new 25-year plan, … title with a date of membership on or after July 1, 2025 will automatically be enrolled in the new 20-year plan. …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/overviewOpinion 98-16
… ASSESSMENTS -- Certiorari Proceedings (timing for return to general fund of excess moneys in school district reserve … initial deposit, but no later than on that date. You ask how long a school district must hold moneys paid into a tax … v Gulotta , 72 NY2d 363, 373, 534 NYS2d 108, 113). As to how long moneys must be held in the fund, section 3651(1-a) …
https://www.osc.ny.gov/legal-opinions/opinion-98-16DiNapoli Releases Fiscal Stress Scores for Villages and Cities
… villages and two cities were designated in fiscal stress under his Fiscal Stress Monitoring System . DiNapoli … and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data initiative, … villages and two cities were designated in fiscal stress under his Fiscal Stress Monitoring System …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-releases-fiscal-stress-scores-villages-and-citiesDiNapoli: 82 School Districts in Fiscal Stress
… Monitoring System. The scores are based on the evaluation of 672 school districts with fiscal years ending on June 30, … office has assessed and scored the financial stability of school districts. The latest round of scoring designated eight school districts in “significant …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-82-school-districts-fiscal-stressDiNapoli Finds Slow Property Tax Growth for Local Governments
… local governments have cut programs and staff, diminished rainy day funds, deferred maintenance and capital purchases or cut …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-finds-slow-property-tax-growth-local-governmentsOpinion 88-45
… This opinion represents the views of the Office of the State Comptroller at the time it was … You ask whether, in our opinion, the proposed program is legal. The Local Finance Law is the exclusive law governing … Whether a line of credit between and the county is legal …
https://www.osc.ny.gov/legal-opinions/opinion-88-45Wall Street Profits Up in 2016
… line on compensation. The jump in profitability is good news since the industry generates a significant amount of tax …
https://www.osc.ny.gov/press/releases/2017/03/wall-street-profits-2016Local Government – 2023 Financial Condition Report
… billion) for local governments outside of New York City. School districts, towns, and villages received $23.9 billion, … period. The inflation factor for local governments with a calendar fiscal year in 2024 is 6.26 percent. The combination … 2021. Nearly all of this (95.8 percent) came from school district elementary and secondary education, with most of the …
https://www.osc.ny.gov/reports/finance/2023-fcr/local-governmentOpinion 2001-2
… from the list of activities set forth at subparagraphs i-viii of section 217(c). Several categories of activities on … list include specified point maximums (e.g., GML §217[c][i], training courses, twenty-five point maximum; GML §217 … of the categories of activities under section 217(c)(i-v and vii) also contain mandatory point designations for …
https://www.osc.ny.gov/legal-opinions/opinion-2001-2Opinion 90-29
… OFFICERS AND EMPLOYEES -- Restitution Agency (deposit of unclaimed funds) MUNICIPAL FUNDS -- Unclaimed restitution payments (transfer to general fund not … restitution agency may not deposit into its general fund unclaimed restitution payments collected by the county …
https://www.osc.ny.gov/legal-opinions/opinion-90-29