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2020 Financial Condition Report – 2020 Financial Condition Report
… the convergence of two dramatically different periods to New York State. The nation’s longest recorded economic expansion continued to generate overall job growth through most of the fiscal … significantly impacted the State’s economy. The transition to a new fiscal year then brought the loss of more than 1.9 …
https://www.osc.ny.gov/reports/finance/2020-fcrVillage of Tuckahoe – Financial Condition (2015M-88)
… Purpose of Audit The purpose of our audit was to review the Village’s financial condition … June 1, 2011 through March 3, 2015. Background The Village of Tuckahoe is located in Westchester County and has a …
https://www.osc.ny.gov/local-government/audits/village/2015/07/10/village-tuckahoe-financial-condition-2015m-88Opinion 98-16
… This opinion represents the views of the Office of the State Comptroller at the time it was … initial deposit, but no later than on that date. You ask how long a school district must hold moneys paid into a tax …
https://www.osc.ny.gov/legal-opinions/opinion-98-16DiNapoli Releases Fiscal Stress Scores for Villages and Cities
… DiNapoli said. “The relief funds are temporary, so it is critical that local communities make changes, including … can use this tool to assist in budget planning, which is especially helpful during periods of revenue and …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-releases-fiscal-stress-scores-villages-and-citiesDiNapoli: 59 School Districts in Fiscal Stress
… This is a decrease from 82 districts that were listed in stress last year and 90 the year prior. This is the fourth … latest round of scoring designated two school districts in “significant fiscal stress,” nine in “moderate fiscal stress” and the remaining 48 as …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-59-school-districts-fiscal-stressOut-of-Service Death Benefit – Police and Fire Plan
… ten years of credited service, have not retired, and you die more than one year after leaving public employment, 50 … be payable. This vested benefit may also be payable if you die within one year of leaving covered service, but were …
https://www.osc.ny.gov/retirement/publications/1512/out-service-death-benefitOut-of-Service Death Benefit – Non-Contributory Plan with Guaranteed Benefits
… after leaving public employment, 50 percent of the death benefit may still be payable. This vested benefit may also be payable if you die within one year of …
https://www.osc.ny.gov/retirement/publications/1513/out-service-death-benefitOut-of-Service Death Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… ten years of credited service, have not retired, and you die more than one year after leaving public employment, 50 … be payable. This vested benefit may also be payable if you die within one year of leaving covered service, but were …
https://www.osc.ny.gov/retirement/publications/1511/out-service-death-benefitOut-of-Service Death Benefit – Career Plan
… If you are a vested member with at least ten years of credited service, have not …
https://www.osc.ny.gov/retirement/publications/1642/out-service-death-benefitOut-of-Service Death Benefit – New Career Plan
… ten years of credited service, have not retired, and you die more than one year after leaving public employment, 50 … be payable. This vested benefit may also be payable if you die within one year of leaving covered service, but were …
https://www.osc.ny.gov/retirement/publications/1515/out-service-death-benefitDiNapoli: 82 School Districts in Fiscal Stress
… districts with fiscal years ending on June 30, 2015. This is the third year DiNapoli’s office has assessed and scored … 24 in “moderate fiscal stress” and 50 as “susceptible to fiscal stress.” A total of 90 districts were listed in one … fiscal stress score which classifies whether a district is in “significant fiscal stress,” in “moderate fiscal …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-82-school-districts-fiscal-stressRaquette Lake Fire District No. 3 –Internal Controls (2013M-379)
… of our audit was to assess internal controls over the District’s financial activities for the period January 1, … through September 30, 2013. Background Raquette Lake Fire District No. 3 is in Hamilton County and is governed by a …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/03/12/raquette-lake-fire-district-no-3-internal-controls-2013m-379Westchester County – Budget Review (B18-6-2)
… and expenditure projections in the County’s adopted budget for the 2018 fiscal year are reasonable. Background … adopted a total budget of approximately $2.1 billion for fiscal year 2018. Key Findings Significant revenue and … While the County budgeted $544.5 million in revenue for sales tax collections, we estimate total collections to …
https://www.osc.ny.gov/local-government/audits/county/2018/03/30/westchester-county-budget-review-b18-6-2Village of Port Chester – Payroll (2017M-115)
… Purpose of Audit The purpose of our audit was to evaluate the accuracy of payroll payments for the period June 1, 2015 through …
https://www.osc.ny.gov/local-government/audits/village/2017/10/13/village-port-chester-payroll-2017m-115Additional Service Credit for Unused, Unpaid Sick Leave – State Police Plan
… Under Section 341(j) of the Retirement and Social Security Law (RSSL), you may … have four years and ten months of service credit and you need five years to be vested, your sick leave credit can’t be … retirement benefit calculation. For example, if your pension calculation will improve substantially with 20 years …
https://www.osc.ny.gov/retirement/publications/1518/additional-service-credit-unused-unpaid-sick-leaveCity of Lockport - Budget Review (B1-16-16)
… Purpose of Budget Review The purpose of our budget review was to provide an independent evaluation of the City's proposed budget for 2017. Background Chapter …
https://www.osc.ny.gov/local-government/audits/city/2016/11/04/city-lockport-budget-review-b1-16-16PUC Achieve Charter School – Board Oversight (2016M-316)
PUC Achieve Charter School Board Oversight 2016M316
https://www.osc.ny.gov/local-government/audits/school-district/2017/05/05/puc-achieve-charter-school-board-oversight-2016m-316General Brown Central School District – Financial Condition (2014M-216)
… has balanced recent budgets with appropriations of fund balance and reserves while limiting tax increases, resulting in a deficit unrestricted fund balance of $435,655 at the end of fiscal year 2012-13. … Carefully consider the amount of available fund balance and reserves appropriated to fund future budgets and …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/24/general-brown-central-school-district-financial-condition-2014m-216State Agencies Bulletin No. 1790
… of this bulletin is to notify agencies of the maximum contribution limits for employees enrolled in the New York … Plan for calendar year 2020. The regular yearly contribution amount for Deferred Compensation will increase … can defer up to $6,500.00 in addition to their regular contribution amount, for a combined total contribution limit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1790-deferred-compensation-maximum-contribution-limits-calendar-year-2020Wall Street Profits Up in 2016
… by New York State Comptroller Thomas P. DiNapoli. "Wall Street profits bounced back strongly in 2016. Lower costs … and average bonuses from 1987-2016. Chart showing Wall Street’s annual profits and employment. … Securities industry …
https://www.osc.ny.gov/press/releases/2017/03/wall-street-profits-2016