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DiNapoli: State Needs to Ensure Timely Execution of Contracts with Not-For-Profits
… in timely contracting. “Nonprofits provide critical human services on behalf of government, and the continued … Jackson, Associate Director & General Counsel of the Human Services Council. “We applaud efforts by the Governor’s … Executive Officer of the New York Council of Nonprofits, Inc. “It is clear that the State’s efforts are beginning to …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-needs-ensure-timely-execution-contracts-not-profitsAccounting and Financial Reporting for Subscription-Based Information Technology Arrangements (SBITAs) as Required by GASB Statement No. 96
The purpose of this bulletin is to provide accounting and financial reporting guidance for subscription-based information technology arrangements (SBITAs) and illustrate how local governments and school districts will need to account for and report these SBITAs in the Annual Financial Report (AFR)
https://www.osc.ny.gov/files/local-government/publications/pdf/accounting-bulletin-gasb-96.pdfAccounting and Financial Reporting for Leases as Required by GASB Statement No. 87
This bulletin provides accounting and financial reporting guidance related to those contracts that meet the definition of a lease, and illustrates how local governments, and school districts will need to account and report these leases in their annual update document (AUD) and the ST-3.
https://www.osc.ny.gov/files/local-government/publications/pdf/accounting-and-financial-reporting-for-leases-required-by-gasb-87.pdfState Agencies Bulletin No. 1410
… Purpose To inform agencies of new earnings codes and procedures for … Summer seasonal employees (with a Pay Basis Code equal to HRY) in the State University Professional Services … with an hourly rate less than $8.88. Background Pursuant to Section 7 of Part A of Chapter 491 of the Laws of 2011 and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1410-third-phase-deficit-reduction-plan-psnu-employees-summer-seasonalState Agencies Bulletin No. 1329
… and procedures for processing the second phase of the Summer Seasonal Lifeguard Deficit Reduction Plan. Affected Employees Summer seasonal employees (with a Pay Basis Code equal to … Professions. Effective Date(s) The second phase of the Summer Seasonal Lifeguard Deficit Reduction Plan will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1329-second-phase-deficit-reduction-plan-psnu-employees-summer-seasonalInvesting in New York
… possible, the Comptroller guides the Fund to invest in New York-based business ventures, companies and other … (as of March 31, 2025) $1.9 billion invested in 600 New York State companies (as of March 31, 2025) Over $650 … (518) 375-8324 Email: [email protected] New York Credit Small Business Investment Company Fund (SBIC) …
https://www.osc.ny.gov/common-retirement-fund/investing-new-yorkDiNapoli: State Ends Third Quarter of State Fiscal Year on Solid Financial Footing
… Tax receipts for the first nine months of State Fiscal Year (SFY) 2021-22 continue to exceed … higher than the most recent forecast by the Division of the Budget contained in the Mid-Year Update to the … Plan forecast by $12.9 billion over the first nine months of SFY 2021-22, according to the monthly state Cash Report …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-state-ends-third-quarter-state-fiscal-year-solid-financial-footingNYS Comptroller DiNapoli: SEC Upholds Shareholders' Right to Seek Racial Equity Audit
… Staff's determination that it was unable to agree with Amazon Inc.’s request to keep the New York State Common … about racial inequity in corporate America. Companies like Amazon need to show they are doing more than just talking the … systemic racism. An independent examination of just how Amazon is addressing racial injustice in its workplace, in …
https://www.osc.ny.gov/press/releases/2021/04/nys-comptroller-dinapoli-sec-upholds-shareholders-right-seek-racial-equity-auditState Agencies Bulletin No. 962
… Purpose To provide agencies with procedures to populate retirement records in PayServ for employees who enroll in PFRS Affected … beyond those required. OSC Actions OSC has revised the Retirement Plan Table in PayServ for Retirement Plan Type … To provide agencies with procedures to populate retirement records in PayServ for employees who enroll in PFRS …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/962-new-tier-5-benefit-structure-new-york-state-police-and-fire-retirementIndustrial Development Agency Board Governance (2017-MS-1)
… owners reviewed reported they created and retained the jobs they agreed to, while the remaining 69 reported they did … reports indicated they would create or retain 13,818 jobs, but they actually created or retained 10,209 jobs, a shortfall of 26 percent. Key Recommendations Ensure …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2017/09/22/industrial-development-agency-board-governance-2017-ms-1XII.7.D Expedite Requests – XII. Expenditures
… information, including the business unit and voucher number. The agency must also provide the justification and information to support the expedite request (e.g., the potential amount of … The agency must have sufficient appropriate evidence to support the payment readily available to provide to BSE …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii7d-expedite-requestsDiNapoli and NY State Pension Fund Reach Agreements with Major Companies on Executive Pay
… P. DiNapoli today announced that the New York State Common Retirement Fund has reached agreements with Microsoft Corp. , … in the coming year. About the New York State Common Retirement Fund The New York State Common Retirement Fund is the third largest public pension fund in …
https://www.osc.ny.gov/press/releases/2018/12/dinapoli-and-ny-state-pension-fund-reach-agreements-major-companies-executive-payState Comptroller DiNapoli Releases Municipal Audits
… were issued. Town of Butternuts – Disbursements (Otsego County) The board did not provide adequate oversight of the … than shown on the inventory list. Town of Walton – Justice Court Operations (Delaware County) The court properly … program. Auditors reviewed six of the 11 loans that were approved and paid but found they lacked required …
https://www.osc.ny.gov/press/releases/2021/08/state-comptroller-dinapoli-releases-municipal-auditsKew Gardens SEP, Inc. – Compliance With the Reimbursable Cost Manual
… To determine whether the costs reported by Kew Gardens SEP, Inc. (Kew Gardens) on its Consolidated Fiscal Reports … Determine whether the costs reported by Kew Gardens SEP Inc on its CFRs were properly documented programrelated …
https://www.osc.ny.gov/state-agencies/audits/2015/12/31/kew-gardens-sep-inc-compliance-reimbursable-cost-manualHousing Trust Fund Corporation – Oversight of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Follow-Up)
… of the Residential Emergency Services to Offer Home Repairs to the Elderly Program (Report 2020-S-4) . About the … the Residential Emergency Services to Offer Home Repairs to the Elderly (RESTORE) program, which assists … funds within the required time frames to ensure emergency repairs were addressed promptly. We also found that, for the …
https://www.osc.ny.gov/state-agencies/audits/2023/02/13/housing-trust-fund-corporation-oversight-residential-emergency-services-offer-home-repairsState Agencies Bulletin No. 1259
… for processing the 2012-2013 Pilot Firearms Training and Safety Incentive Program Payment. Affected Employees Employees in the Professional, Scientific and Technical Services Unit – BU05 who meet the eligibility … in the 2011-2015 Agreement between the State of New York and the Public Employees Federation (PEF), employees with …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1259-2012-2013-pilot-firearms-training-and-safety-incentive-program-paymentEaster Seals New York – Compliance With the Reimbursable Cost Manual
… Purpose To determine whether the costs reported by Easter Seals New York (Easter Seals NY) on its Consolidated Fiscal Report … calculated, adequately documented, and allowable under the State Education Department’s (SED) guidelines, including … To determine whether the costs reported by Easter Seals New York Easter Seals NY …
https://www.osc.ny.gov/state-agencies/audits/2016/10/12/easter-seals-new-york-compliance-reimbursable-cost-manualProcurement Practices
… Objective To determine whether the State University of New York – … established in law and elsewhere, are in place to ensure that spending is appropriate and in the best … issues within its procurement processes, leading us to question whether $895,839 was spent appropriately and in …
https://www.osc.ny.gov/state-agencies/audits/2019/10/03/procurement-practicesState Agencies Bulletin No. 278
… Purpose To describe new Earns Codes for the Time Entry Panel to report overtime worked due to … the employees in their agency. If the codes are being used for overtime-ineligible employees under a grade 28, a comment … needed in the comments box. If the codes are being used for employees who are grade 28 or higher, a DOB waiver is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/278-tracking-expenditures-related-overtime-worked-due-events-september-11XII.6.M Lien Processing and Financial Reporting for Sole Custody Accounts – XII. Expenditures
… to [email protected] . Business Units that are unable to email an encrypted file should contact the OSC’s Federal … Reporting Unit for alternate instructions, either by email or phone at (518) 486-4602. A Business Unit may … for each unfiled or incorrectly filed information return, up to a maximum penalty of $1.5 million. A Business Unit may …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6m-lien-processing-and-financial-reporting-sole-custody-accounts