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EDSS - Glossary of Terms
… Exemption Request Agency Reference Number Any number, letter or combination of, apart from the contract number, … including renewals) The total amount of the procurement award. Examples: If a state agency has a $3 million dollar … procurement results in contracts that have an annual award value of $560,000, the procurement total would be $2.8 …
https://www.osc.ny.gov/state-agencies/contracts/edss-glossary-termsPublic Welfare – 2021 Financial Condition Report
… The number of FA recipients decreased for the seventh year in a row, by less than 1 percent, bringing the cumulative decline over the five-year period to 32.2 percent. In contrast, SNA recipients … by $10.6 million (0.5 percent), compared to the previous year mainly because of an increase in SNA expenditures in New …
https://www.osc.ny.gov/reports/finance/2021-fcr/public-welfareState Agencies Bulletin No. 1564.1
… year, contributed earnings to a deferred compensation account and those earnings were later determined to be paid … State and local withholding. Prior to processing the refund, OSC will submit a refund file to Nationwide, the NYSDCP provider, for account …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/15641-new-york-state-deferred-compensation-plan-nysdcp-refunds-employeesDiNapoli: 2020-21 Tax Revenues $3 Billion Over Projections
… Tax collections for State Fiscal Year (SFY) 2020-21 totaled $82.4 billion — $3 billion higher … and use taxes, which include sales tax receipts, totaled $16.1 billion, falling short of prior year totals by $1.9 …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-2020-21-tax-revenues-3-billion-over-projectionsChenango Valley Central School District -- Budget Review (B18-4-3)
… independent evaluation of the District’s proposed budget for the 2018-19 fiscal year. Background The Chenango Valley … or school district is authorized to issue obligations and for each subsequent fiscal year during which the deficit obligations are outstanding, their proposed budget for the next succeeding fiscal year. Key Finding We found …
https://www.osc.ny.gov/local-government/audits/school-district/2018/04/06/chenango-valley-central-school-district-budget-review-b18-4-3East Moriches Union Free School District -- Budget Review (B17-7-4)
… of the District’s proposed budget for the 2017-18 fiscal year. Background The East Moriches Union Free School District … operating deficits to submit to the State Comptroller each year, starting with the fiscal year during which the local government is authorized to issue …
https://www.osc.ny.gov/local-government/audits/school-district/2017/04/05/east-moriches-union-free-school-district-budget-review-b17-7-4Chenango Valley Central School District -- Budget Review (B17-4-5)
… Purpose of Budget Review The purpose of our budget review was to provide … fiscal year. Background The Chenango Valley Central School District is located in Broome County. Chapter 260 of …
https://www.osc.ny.gov/local-government/audits/school-district/2017/04/07/chenango-valley-central-school-district-budget-review-b17-4-5State Agencies Bulletin No. 2096.1
… Special Wage Payments for Individuals Who Filed for Retirement Social Security Benefits: Per Internal Revenue …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/20961-reallocation-nursing-titlesNew York State Comptroller DiNapoli: Wall Street Profits Rose in 2018, But Bonuses Fell
… profits in 2018 were 11 percent higher than the previous year, but the average bonus paid to industry employees in New … quarter of 2018, the securities industry still had a good year with increased profits and employment,” DiNapoli said. … tax trends and includes cash bonuses for the current year and bonuses deferred from prior years that have been …
https://www.osc.ny.gov/press/releases/2019/03/new-york-state-comptroller-dinapoli-wall-street-profits-rose-2018-bonuses-fellNYS Common Retirement Fund Announces Third Quarter Results
… (7.7 percent), real estate (6.8 percent), absolute return strategies (3.2 percent) and opportunistic and real assets … The CRF has consistently been ranked as one of the best managed and best funded plans in the nation. The CRF's fiscal year ends …
https://www.osc.ny.gov/press/releases/2017/02/nys-common-retirement-fund-announces-third-quarter-resultsState Comptroller DiNapoli & U.S. Attorney Announce Guilty Plea & Sentencing of Former Albany Resident for Defrauding NYS Retirement System of $130,624
… F. Grossmann, 68, pled guilty to Bank Larceny, a violation of Title 18, United States Code, § 2113(b), and was sentenced to probation for three … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2017/12/state-comptroller-dinapoli-us-attorney-announce-guilty-plea-sentencing-former-albany-residentNYS Common Retirement Fund Announces First Quarter Results
… overall return in the first quarter of the state fiscal year 2016-2017 was 2 percent for the three-month period … value as of the March 31, 2016 end of the state fiscal year was revised upward to $178.6 billion from an initial … and best funded plans in the nation. The Fund’s fiscal year ends March 31, 2017. … The New York State Common …
https://www.osc.ny.gov/press/releases/2016/08/nys-common-retirement-fund-announces-first-quarter-resultsNYS Common Retirement Fund Announces First Quarter Results
… overall return in the first quarter of the state fiscal year 2017-2018 was 2.9 percent for the period ending June 30, … investments through the opening months of the state fiscal year," DiNapoli said. "As a long term investor, the fund's … value as of the March 31, 2017 end of the state fiscal year was revised upward to $192.1 billion from an initial …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: Moderate Growth in Local Sales Tax Collections for First Half of 2017
… compared to $7.8 billion during the same period last year. "Local sales tax growth across the state is welcome … the first-half collections growth in that region last year. At this time last year, regional sales tax revenue … New York City. The strongest growth was in Oswego County (16.7 percent), although much of that was due to technical …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-moderate-growth-local-sales-tax-collections-first-half-2017DiNapoli: Local Sales Tax Collections Grew by Nearly 17% in May
… Local sales tax collections in New York state increased by 16.7% in May compared to the same month in 2021, according to … totaled $1.7 billion, up $242 million from May of last year. “Sales tax collections for most local governments were … Taxation and Finance. In the third month of each calendar year quarter, these distributions are adjusted upward or …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-local-sales-tax-collections-grew-nearly-17-mayXV.13 Federal Funds – Payments – XV. End of Year
… payments made from federal funds by the end of the fiscal year, vouchers and journal transfers including fringe benefit … payments made from federal funds by the end of the fiscal year vouchers and journal transfers including fringe benefit …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv13-federal-funds-paymentsXV.11 Journal/Revenue Transfers – XV. End of Year
… that agencies submit these transactions to OSC by the date identified in the Office of Operations Events and … blackout period. All journal/revenue transfers should have obligation and accounting dates that are no later than March … journal/revenue transfer cannot be submitted with an April obligation or accounting date since the period will not be …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv11-journalrevenue-transfersDiNapoli: State Pension Fund Value $194.3 Billion
… P. DiNapoli today announced the New York State Common Retirement Fund (Fund) had a -2.68 percent return on … value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionNYS Common Retirement Fund Reports First Quarter Results
… and real assets (8.7 percent) and credit, absolute return strategies and opportunistic alternatives (5.5 percent). The …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli Calls for Improvements to Capital Planning Process
… with another $9.6 billion proposed for the upcoming fiscal year, according to a report released today by State … meet them." The New York Works Task Force released its Ten-Year State of New York Statewide Capital Plan in June 2013. … to be funded through the issuance of bonds. The Ten-Year Statewide Plan indicates that an average of 65 percent …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-calls-improvements-capital-planning-process