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State Agencies Bulletin No. 1702
… Purpose To notify agencies that the pensionable overtime earnings limit for Tier 6 New York … New York City Education Board Retirement System (7T) for the 2019 plan year is $16,779 Affected Employees Tier 6 … of $179,900 are affected by the overtime limit change. All Tier 6 CUNY employees enrolled with NYCERS, NYCTRS, or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1702-2019-tier-6-ot-limit-and-plan-year-changes-nyc-retirement-systemsDiNapoli: New York City's Financial Outlook Improving
… lower projected pension and debt service costs, according to a report released today by New York State Comptroller Thomas P. DiNapoli. “There have been a number of favorable developments since the city’s … is smaller today than before the financial crisis and has not contributed to the jobs recovery. Although the industry …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-new-york-citys-financial-outlook-improvingDiNapoli: NYC Metro Transportation Costs Rose 56% Over Past Decade, Slower Than Other Major Areas
… metropolitan areas according to a report released today by State Comptroller Thomas P. DiNapoli. Transportation made up … the clock to help keep some costs relatively low. City and state officials need to keep a close eye on transportation … metropolitan areas according to a report released today by State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2024/09/draft-dinapoli-nyc-metro-transportation-costs-grew-slower-other-major-cities-still-rose-29-percentState Agencies Bulletin No. 1579
… To inform agencies of the change in the New York City withholding tax rates. Affected Employees Employees who are residents of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1579-new-york-city-withholding-tax-changeCity of Little Falls – Financial Condition Audit Follow-Up (2021M-54-F)
… report – pdf ] [ read complete 2021 report – pdf ] Purpose of Audit The purpose of our review was to assess the City of Little Falls’ (City’s) progress, as of March 2024, in …
https://www.osc.ny.gov/local-government/audits/city/2024/07/03/city-little-falls-financial-condition-audit-follow-2021m-54-fState Agencies Bulletin No. 1406
… agencies of the change in the New York City resident withholding tax rates. Affected Employees Employees who are residents of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1406-new-york-city-withholding-tax-changeDiNapoli: Strong Tax Collections and New Savings Initiatives Boost NYC's Short-Term Finances
… Fiscal Year (FY) 2024 Executive Budget released today by State Comptroller Thomas P. DiNapoli. “The city’s economy … to pre-pandemic levels by FY 2025. Continued strength in tax collections has led the city to raise projections with an … the Financial Plan of the City of New York Related Reports NYC Taxable Sales and Purchases: Resilient Amid Economic …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-strong-tax-collections-and-new-savings-initiatives-boost-nycs-short-term-financesDiNapoli: NYC Finances Continue To Benefit From Better Than Projected Revenue but Spending Pressures Remain
… New York City’s finances continue to benefit from better-than-projected revenues and savings … preparation to navigate future uncertainty, according to a report on the city’s Financial Plan released today by State … decline in FY 2024 by nearly 3%, but business and personal income tax came in higher than projected. The city now …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-finances-continue-benefit-better-projected-revenue-spending-pressures-remainOpinion 91-9
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … Vol. 1, Statutes, §97; see also Block v Sprague , 285 NY 69; People v Tremaine , 281 NY 1; Pryor v City of Rochester , 166 NY 548). Considering …
https://www.osc.ny.gov/legal-opinions/opinion-91-9City and Town of Poughkeepsie Joint Water Project – Board Oversight (2014M-236)
… entered into an intermunicipal cooperative agreement in 1991 to form the Poughkeepsie Joint Water Project, which …
https://www.osc.ny.gov/local-government/audits/city/2014/12/12/city-and-town-poughkeepsie-joint-water-project-board-oversight-2014m-236City of Jamestown – Internal Controls Over Selected Financial Operations (2013M-72)
… 31, 2013. Background The City of Jamestown is located in Chautauqua County and has a population of approximately 31,000. The City is governed by … requests for proposals (RFPs), when procuring $596,763 in professional services from five vendors, and could not …
https://www.osc.ny.gov/local-government/audits/city/2013/06/14/city-jamestown-internal-controls-over-selected-financial-operations-2013m-72DiNapoli: Wall Street 2022 Bonuses Fell 26% From Previous Year, Return to Pre-Pandemic Levels
… employees dropped to $176,700, a 26% decline from the previous year’s $240,400, according to New York State … office on a given day in January 2023, compared to 52% for all firms in the city, according to the Partnership for New … DiNapoli estimates Wall Street was responsible for 16% of all economic activity in the city in 2021, and thus the …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-wall-street-2022-bonuses-fell-26-previous-year-return-pre-pandemic-levelsDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… is strong and shows no signs of slowing. Still, Mayor de Blasio and the city’s budget team deserve credit for …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearDiNapoli: NYC Tax Collections Expected to Fall for First Time Since Great Recession
Recent unemployment claims suggest that most of New York Citys job gains over the past decade have been lost due to the economic impacts of the coronavirus
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-nyc-tax-collections-expected-fall-first-time-great-recessionDiNapoli Examines Fiscal Hurdles Facing Key NYC-Supported Agencies
… are confronting. DiNapoli also launched a new data tracker to monitor trends for New York City agencies’ performance … to shine a light on the financial challenges city agencies have to contend with amid economic and budget uncertainty,” … and fell substantially during the pandemic. Collections have continued to decline even as the Public Health Emergency …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-examines-fiscal-hurdles-facing-key-nyc-supported-agenciesDiNapoli: Former Oneida City Chamberlain Arrested for Stealing More Than $78,000 in City Funds
… other things, social outings with friends and pull-tab games at the American Legion Hall in Oneida. The charges … Fraud Hotline at 1-888-672-4555, by filing a complaint online at https://www.osc.state.ny.us/investigations , or by …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-former-oneida-city-chamberlain-arrested-stealing-more-78000-city-fundsOpinion 89-63
… This opinion represents the views of the Office of the State … exempt from court filing fees unless a statute expressly so provides (see 1988 Opns St Comp No. 88-38, p 75; 1983 Opns … is personally entitled to such fees as compensation for services rendered or performed by him in his official …
https://www.osc.ny.gov/legal-opinions/opinion-89-63City of Little Falls – Financial Condition (2021M-54)
… actions to maintain the City’s fiscal stability. As a result, the City has significant fiscal stress. We found: The …
https://www.osc.ny.gov/local-government/audits/city/2021/06/25/city-little-falls-financial-condition-2021m-54DiNapoli: NYC Budget Benefits From Stronger Economy
… with each year,” DiNapoli said. “To his credit, Mayor de Blasio has taken steps to increase the city’s reserves, … in FY 2015 and by a similar amount in FY 2016. Mayor de Blasio has also proposed increasing the city’s ten-year …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-nyc-budget-benefits-stronger-economyDiNapoli: External Risks Threaten NYC Budget
… risks, it has record reserves to use if needed and Mayor de Blasio plans to expand the citywide savings program to … Trust, which now has a balance of $4 billion. Mayor de Blasio has indicated that the city will continue to expand …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-external-risks-threaten-nyc-budget