Search
Pelham Union Free School District – Reserve Funds (2015M-366)
… Key Finding The retirement contribution reserve fund balance increased by more than $2.2 million from fiscal year …
https://www.osc.ny.gov/local-government/audits/school-district/2016/03/18/pelham-union-free-school-district-reserve-funds-2015m-366State Agencies Bulletin No. 1981
… Purpose The purpose of this bulletin is to notify agencies the pensionable overtime earnings limit … January 13, 2022. OSC Actions OSC will update PayServ to reflect the pensionable overtime earnings limit for 2022 to $18,233.00 for Tier 6 ERS members. Questions Questions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1981-tier-6-pensionable-overtime-ot-earnings-limit-calendar-year-2022Village of Goshen – Financial Condition (2014M-75)
… our audit was to review the Village’s financial condition for the period June 1, 2010 through December 18, 2013. … is responsible, along with the Mayor and department heads, for the effectiveness and proper functioning of internal controls. Budgeted appropriations for the 2013-14 fiscal year totaled approximately $11.5 …
https://www.osc.ny.gov/local-government/audits/village/2014/09/26/village-goshen-financial-condition-2014m-75DiNapoli: NYC Faces Unprecedented Fiscal and Economic Challenges
… New York City, New York state and the Metropolitan Transportation Authority … to balance its budget. Congress is currently debating the size and content of another COVID-19 relief bill, but the …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-nyc-faces-unprecedented-fiscal-and-economic-challengesSUNY Bulletin No. SU-247
… In order to correctly calculate the charges for the split payroll for the fiscal year ending 2016-17 and the fiscal … charges to be used for the following fiscal year-end payroll allocation percentages are outlined in the Guide to … PayServ (except Agency Code 28990). OSC Actions OSC Payroll will begin June Lapsing and Fiscal Year End Rollover …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-247-new-york-state-payroll-system-payserv-suny-fiscal-year-endDiNapoli: Fiscal Stress Remains Low Among Villages
… stress" and five villages and one city as "susceptible to fiscal stress." "Our indicators show fiscal stress is relatively low among New York's villages," said DiNapoli. … 17 cities in New York with non-calendar fiscal years. This is the fifth year DiNapoli's office has assessed levels of …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-fiscal-stress-remains-low-among-villagesDiNapoli: State Tax Collections Slightly Stronger Than Expected in February but Remain Volatile
… Tax collections of $4.9 billion in February were $21.6 million above the state’s latest … “This year’s budget assumed relatively modest growth in tax revenues, and so far receipts have been higher than initially expected,”DiNapoli said. “The state is in a strong fiscal position but there is volatility that …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-state-tax-collections-slightly-stronger-expected-february-remain-volatileState Agencies Bulletin No. 1479
… Purpose To notify agencies that the pensionable overtime earnings … Retirement System (ERS) members is $15,608. Background In accordance with Chapter 18 of the Laws of 2012, … dated April 14, 2016 OSC Actions OSC will update PayServ to reflect the pensionable overtime earnings limit for the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1479-tier-6-pensionable-overtime-earnings-limit-fiscal-year-2016-employeesOpinion 2003-3
… firefighting service credited under the program, subject to a maximum of forty years of firefighting service. A fire … award program that provides a service award equivalent to forty dollars per month for each year of firefighting … benefit plan shall be subject to minimum and maximum retirement benefit requirements as set forth in subdivision …
https://www.osc.ny.gov/legal-opinions/opinion-2003-3State Agencies Bulletin No. 1004
… of TRS. Tier 5 members are those who first joined TRS on or after January 1, 2010 Effective Date(s) Institution … As previously announced in Payroll Bulletin No. 960, on December 10, 2009, the Governor signed into law pension … the date of membership entered in the Election Date field on the Retirement Plans panel. This new special accumulator …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1004-tier-5-pensionable-overtime-earnings-limit-employees-enrolled-new-yorkState Agencies Bulletin No. 1005
… of ERS. Tier 5 members are those who first joined ERS on or after January 1, 2010 Effective Date(s) Institution … As previously announced in Payroll Bulletin No. 960, on December 10, 2009, the Governor signed into law pension … the date of membership entered in the Election Date field on the Retirement Plans panel. This new special accumulator …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1005-tier-5-pensionable-overtime-earnings-limit-employees-enrolled-new-yorkState Agencies Bulletin No. 1992
… Purpose The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the April 2020 and 2021 PEF LLS payments for newly eligible employees, the … the 5 Year LLS payment This query includes a prompt for department ID and will generate a list of employees who are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1992-public-employees-federation-pef-retroactive-longevity-lump-sum-llsCampbell-Savona Central School District -- Budget Review (B2-14-11)
… expenditure projections in the District’s tentative budget for the 2014-15 fiscal year are reasonable. Background The … fund as of June 30, 2006. Local Finance Law requires all local governments that have been authorized to issue … fund operating deficits to submit their tentative budget for the next fiscal year to the State Comptroller for review …
https://www.osc.ny.gov/local-government/audits/school-district/2014/04/24/campbell-savona-central-school-district-budget-review-b2-14-11Wyandanch Union Free School District – Budget Review (B21-7-1)
… of Budget Review The purpose of our budget review was to provide an independent evaluation of the proposed 2021-22 … by Chapter 56 of the Laws of 2020, authorized the District to issue serial bonds in an aggregate principal amount not to exceed $4.5 million, to liquidate the accumulated deficit …
https://www.osc.ny.gov/local-government/audits/school-district/2021/04/09/wyandanch-union-free-school-district-budget-review-b21-7-1Village of Suffern – Budget Review (B25-6-4)
… operating deficits to submit to the State Comptroller each year, starting with the fiscal year during which the local government is authorized to issue … the deficit obligations, and for each subsequent fiscal year during which the deficit obligations are outstanding, …
https://www.osc.ny.gov/local-government/audits/village/2025/04/11/village-suffern-budget-review-b25-6-4DiNapoli: With 2 Million People Fishing and Hunting in the State, New York Ranks Third Nationwide
… York’s economy, generating the second-highest expenditures in any state at approximately $5 billion, supporting local … programs.” Nearly two million people fish, hunt or trap in New York, ranking the state third nationwide, DiNapoli’s report found. In several New York counties, the number of resident licenses …
https://www.osc.ny.gov/press/releases/2015/12/dinapoli-2-million-people-fishing-and-hunting-state-new-york-ranks-third-nationwideCity of Glen Cove -- Budget Review (B17-7-12)
… review. The City’s proposed budget complies with the tax levy limit. Key Recommendations Avoid using nonrecurring …
https://www.osc.ny.gov/local-government/audits/city/2017/10/13/city-glen-cove-budget-review-b17-7-12State Comptroller DiNapoli Statement on New York City's November Budget Update
… and revenue pressure highlight the missed opportunity to set aside additional monies in its Revenue Stabilization … significantly exceeded projections. A systematic approach to setting funds aside is critical. “The city has reflected … (FY) 2022, offset in part by savings though the Program to Eliminate the Gap (PEG) initiative. PEG savings made use …
https://www.osc.ny.gov/press/releases/2022/11/state-comptroller-dinapoli-statement-new-york-citys-november-budget-updateStatement From NY State Comptroller Thomas P. DiNapoli on Mayor's November Financial Plan Update
… managing the influx of asylum seekers in Fiscal Years (FY) 2026 and 2027 — part of the $10 billion added for this cost …
https://www.osc.ny.gov/press/releases/2023/11/statement-ny-state-comptroller-thomas-p-dinapoli-mayors-november-financial-plan-updateOverview – What Every Employer Should Know
… February 1, 2026. 1 For the annual invoice due February 1, 2025, the average contribution rate (including group term … of payroll. 1 Rates for annual payment due February 1, 2025: 2025 ERS Final Rates 2025 PFRS Final Rates Rates for annual …
https://www.osc.ny.gov/retirement/employers/partnership/about-employer-contribution-rates/overview