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State Contract and Payment Actions in July
… government financial records, track state contracts, and find commonly requested data … In July the Office of the …
https://www.osc.ny.gov/press/releases/2021/08/state-contract-and-payment-actions-julyDiNapoli Op-Ed in Newsday Urges Leaders to Seize This Chance to Improve NY’s Finances
… how to use this "surplus" – by dedicating it to rainy day fund reserves and using it to pay for critical … trajectory. Second, commit to further strengthening rainy day reserve funds. Increases to reserves have been minimal … spending. The state plans to deposit $825 million to rainy day reserves this year; while this is positive, state …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-op-ed-newsday-urges-leaders-seize-chance-improve-nys-financesStraight Talk About Financial Planning For Your Retirement
… replaced. The Social Security Administration (SSA) mails personal Social Security Statements to workers age 60 and … Get out of debt If you have heavy credit card or personal loan debt, you could be cheating yourself out of savings and … designed for members within five years of retirement eligibility. Make an appointment to visit any of our …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirementDiNapoli: Farms Generated $5.7 Billion for New York Economy
… data from the U.S. Department of Agriculture. Farms are located in every region of the state, covering nearly 23 …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-farms-generated-57-billion-new-york-economyAmazon Shareholders Urged To Support Audit of Company’s Policies on Racial Inclusion
… racial diversity on the company’s board. Just one of the 10 directors nominated is from an underrepresented racial or … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's fiscal year ends …
https://www.osc.ny.gov/press/releases/2021/05/amazon-shareholders-urged-support-audit-companys-policies-racial-inclusionXII.6.L Replenishing an Advance Account – XII. Expenditures
… to process vouchers to replenish a Business Unit’s advance account. Process and Transaction Preparation: Create a … using the Special Use Vendor ID assigned to the Advance Account. This Vendor ID starts with “041.” To find the Vendor ID for a specific account, use the “Find an Existing Value” function in the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6l-replenishing-advance-accountOpinion 90-27
… the board of trustees of a village located within the town are authorized to establish a joint fire district by … does not expressly state that separate referenda are to be held in the village and the town ( cf . Town Law, … we believe it follows that the separate resolutions are subject to separate referenda. With respect to the …
https://www.osc.ny.gov/legal-opinions/opinion-90-27DiNapoli: Local Sales Tax Collections Jump for Third Year
… Local sales tax collections continued to climb in 2018, … of $17.5 billion grew by $872 million, or 5.3 percent. “Local sales tax collections grew at a faster pace in 2018 …
https://www.osc.ny.gov/press/releases/2019/01/dinapoli-local-sales-tax-collections-jump-third-yearContractors or Consultants – Membership and Enrollment
… The majority of people who work for and provide services to the State or participating employers are considered public … independent contractors or consultants are not permitted to join NYSLRS or receive service credit for consultant or independent contractor services. To determine if a person you hired is an employee or an …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/contractors-or-consultantsNYS Payroll Online - View Direct Deposit Account Details
Step-by-step instructions on how to view direct deposit account details
https://www.osc.ny.gov/files/state-agencies/payroll/pdf/view-direct-deposit-account-details.pdfDiNapoli: State Pension Fund Calls on Companies to Address Climate Risk, Transition to Cleaner Operations
… five major U.S. companies, including Domino’s Pizza Inc., to set targets to reduce their greenhouse gas emissions (GHG), adopt new … trustee of the Fund, announced today. In response to the agreements, the Fund withdrew the shareholder …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-state-pension-fund-calls-companies-address-climate-risk-transition-cleaner-operationsDue Diligence for Companies Holding Abandoned Funds
… Property Law (APL), but is good customer service. Requirements in addition to the mailing requirements below … See the additional notification requirements section for more information. How to meet due diligence requirements 90 days before your final report is due Send a notice by first class mail to every person or business with …
https://www.osc.ny.gov/unclaimed-funds/reporters/due-diligence-companies-holding-abandoned-fundsDiNapoli Proposal Would Provide More Accountability for Personal Income Tax Check-Off Funds
… Legislation being proposed by State Comptroller Thomas P. DiNapoli would require the entities administering tax check off funds to improve efforts to spend dedicated … on their personal income tax forms, but too much of this money remains unused when it should be fighting …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposal-would-provide-more-accountability-personal-income-tax-check-fundsNY State Comptroller DiNapoli Calls on Corporate America To Address Lack of Diversity, Equity & Inclusion
… Fund (Fund) has launched a multi-faceted initiative to hold publicly-traded corporations and their top executives … underrepresented racial minorities, companies that fail to disclose their workforce’s racial or ethnic diversity, and companies that refuse to embed diversity in their search for new board directors. …
https://www.osc.ny.gov/press/releases/2021/02/ny-state-comptroller-dinapoli-calls-corporate-america-address-lack-diversity-equity-inclusionDiNapoli: State Tax Collections Continue to Exceed Projections
… State tax receipts exceeded the Enacted Budget Financial Plan forecast by $4.8 billion … than last year and $604.6 million higher than anticipated. All Funds spending through June totaled $46.4 billion, which … primarily due to higher Medicaid and transportation costs. All Funds spending through June was $2.4 billion lower than …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projectionsAccounts Payable Advisory No. 72
… Acquisition Payments (formerly “Paying for the Purchase of Land”) informs State agencies how to process vouchers for …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/72-land-acquisition-paymentsBroker Search for Internal Equity and Fixed Income
… The New York State Common Retirement Fund (Fund) will … for instructions on how to apply. Requirements As part of the due diligence process, and prior to the approval of any … following a firm’s initial approval. Additionally, all approved broker-dealers will be required to certify that …
https://www.osc.ny.gov/common-retirement-fund/resources/broker-search-internal-equity-and-fixed-incomeXII.8.H Voucher Mass Approval – XII. Expenditures
… on how to request voucher mass approval functionality for use on specialized vouchers. The Statewide Financial … for the mass approval. The name, email address and phone number of the agency head or finance officer, and an agency …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii8h-voucher-mass-approvalContract Participation of Disadvantaged Business Enterprises and Minority- and Women-Owned Business Enterprises
… The Authority needs to better develop and implement strategies for detecting and preventing MWBE fraud on its … expenses are reported to DED. Develop and implement strategies for detecting and preventing MWBE fraud schemes in …
https://www.osc.ny.gov/state-agencies/audits/2016/06/30/contract-participation-disadvantaged-business-enterprises-and-minority-and-women-ownedDiNapoli Finds Opportunities for Improved NYPD Hate Crimes Reporting
… multiple biases involved in a crime. For example, in one case, an agency reported multiple biases on its hate crime … record one bias per incident, the division reported the case only as an anti-male homosexual incident. DCJS stated … agency to determine which bias should be recorded. In this case, auditors found no evidence the division contacted the …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-finds-opportunities-improved-nypd-hate-crimes-reporting