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State Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… Employees’ Retirement System (ERS) with a small increase in rates for the Police and Fire Retirement System (PFRS). … the state pension fund strong and one of the best funded in the nation. The long-term outlook for investors is changing and requires a more conservative approach. As in years past, we’re taking the responsible action of …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredOversight of Chronic Absenteeism
… Purpose To determine if the New York State Education Department (Department) has taken … Education Department: Implementation of the Dignity for All Students Act ( 2016-S-28 ) … To determine if the New York …
https://www.osc.ny.gov/state-agencies/audits/2018/09/18/oversight-chronic-absenteeismDiNapoli: Wall Street Bonuses Slip From 2006 Record
… despite the decline in bonuses from last year, State and City personal income tax collections remain strong. But the … by the securities industry to its employees in New York City totaled $33.2 billion, 2 percent less than the record … up to 20 percent of State tax revenues and 9 percent of City tax revenues. He estimates that Wall Street bonuses …
https://www.osc.ny.gov/press/releases/2008/01/dinapoli-wall-street-bonuses-slip-2006-recordDiNapoli: Audit of State Agencies Recommends Better Tracking of Food Purchases From Local Farmers
… in an effort to boost New York based agriculture, state law was changed to encourage state agencies to buy local and … and promote local farms and agricultural businesses, state law requires OGS and Ag&Mkts to develop regulations, … and Ag&Mkts had not developed guidelines called for in the law to direct and assist state agencies in procuring New York …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-audit-state-agencies-recommends-better-tracking-food-purchases-local-farmersDiNapoli: Funds Dedicated for Highway & Bridge Capital Projects Continue to be Diverted for Operating and Debt Costs
… Highway and Bridge Trust Fund continues to be diverted for non-capital purposes, leaving critical highway and bridge … challenges and shrinking debt capacity, according to a report issued today by New York State Comptroller Thomas P. … for the state’s capital program, debt becomes a burden when the payment of debt service becomes such a large use of …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-funds-dedicated-highway-bridge-capital-projects-continue-be-diverted-operating-and-debtResponsiveness to Noise Complaints Related to Construction Projects
… indicated that inspectors generally find there is no excessive noise at the location and rarely issue violations … complaints and their impact on the community. Increase the level of review of AHV renewal requests to ensure they are … of information, with DEP regarding locations with an excessive number of noise complaints. Other Related …
https://www.osc.ny.gov/state-agencies/audits/2017/08/31/responsiveness-noise-complaints-related-construction-projectsOpinion 98 - 22
… Publicity Fund (establishment of in village); (providing for, increasing or eliminating cap on in village) MUNICIPAL … Funds (procedure to establish in village); (providing for, increasing or eliminating cap on in village) VILLAGES -- … Duties (establishment of, increase or elimination of cap for publicity fund) VILLAGE LAW, §4-412(1); MUNICIPAL HOME …
https://www.osc.ny.gov/legal-opinions/opinion-98-22Practices Used by the Transit Adjudication Bureau to Collect and Account for Fines and Fees
… and fines and fees collected were appropriately accounted for. The audit covered the period January 1, 2013 to December … by State legislation in July 1985 to provide a forum for processing and adjudicating summonses for violations of NYC Transit (Transit) rules governing …
https://www.osc.ny.gov/state-agencies/audits/2016/08/11/practices-used-transit-adjudication-bureau-collect-and-account-fines-and-feesPension Payment Option Election – Divorce and Your Benefits
… will pay the member a monthly benefit for life. The Single Life Allowance is the maximum benefit available. Or, a member can choose to receive a reduced monthly amount … member with a customized pension payment option election form during the processing of their retirement application. …
https://www.osc.ny.gov/retirement/members/divorce/pension-payment-option-electionDiNapoli Op-Ed in Democrat & Chronicle Calls for Swift Action to Address Growing Food Insecurity
… Rochester Democrat & Chronicle published an op-ed from New York State Comptroller Thomas P. DiNapoli highlighting … the urgent need to help the growing number of New Yorkers going hungry in the wake of the economic damage … and must address right now. Let’s feed our children, and all those battling hunger, through this crisis and beyond. …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-democrat-chronicle-calls-swift-action-address-growing-food-insecurityDiNapoli Report Examines State School Aid Trends
… Over the past ten years, state aid to school districts has increased $6 billion to $23.3 billion in 2015-16, according to a report issued today by State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-report-examines-state-school-aid-trendsDiNapoli Calls for Improvements to Capital Planning Process
… fiscal year, according to a report released today by State Comptroller Thomas P. DiNapoli. The report, which … over the same period in spending from other governmental funds. $41 billion of the $81.7 billion in capital spending … For a copy of the report visit: http://www.osc.state.ny.us/reports/capital_report_030514.pdf … Over the past 10 …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-calls-improvements-capital-planning-processDiNapoli: State Agency Overtime Costs Decreased 11.6% in 2023, First Decline Since 2016
… represented close to 6.2 million hours, or over 27% of all state agency overtime hours; OPWDD more than 6 million …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-agency-overtime-costs-decreased-116-2023-first-decline-2016Fare Evasion (Follow-Up)
To determine the extent of implementation of the 19 recommendations included in our initial audit report Fare Evasion 2019S7
https://www.osc.ny.gov/state-agencies/audits/2023/06/22/fare-evasion-followDiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… down debt from past projects and cover the operating costs for state agencies, according to a report by New York State … shows the problems have gotten worse. DHBTF spending for capital projects declined between state fiscal year (SFY) … aside to build or repair roads and bridges is being used for new capital projects by the state,” DiNapoli said. “It is …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offNew York's Prison Population Continues Decline, But Share of Older Adults Keeps Rising
… state’s prison population declined by half from March 2008 to March 2021, but the population of individuals aged 50 and above grew slightly, according to a follow-up report by New York State Comptroller Thomas P. DiNapoli. …
https://www.osc.ny.gov/press/releases/2022/01/new-yorks-prison-population-continues-decline-share-older-adults-keeps-risingDiNapoli: Statewide Local Sales Tax Collections Declined 10 Percent in 2020
… issued today by State Comptroller Thomas P. DiNapoli. This decline was steeper than the drop during the Great … The state’s recent ability to tax sales made by smaller out-of-state sellers to New York residents — referred to as … billions in state payments and public authority data. Visit the Reading Room for contract FOIL requests, bid …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-statewide-local-sales-tax-collections-declined-10-percent-2020NY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… of the Fund, announced today. The evaluation of the Fund’s integrated oil and gas holdings is part of DiNapoli’s broader review of the transition readiness of energy sector … Fund is a recognized leader in addressing climate-related investment risks and pursuing opportunities in the growing …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investDiNapoli: Heroin, Opioid Overdose Death Rates Rose Faster in New York Than in Most States
… heroin and prescription opioid abuse reached record highs in New York state in 2014, according to a report issued today by State … Comptroller Thomas P. DiNapoli. The overdose death rates in New York increased faster over the preceding decade than …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-heroin-opioid-overdose-death-rates-rose-faster-new-york-most-statesFinger Lakes Region Leads the Way Statewide in Agricultural Sales, Topping $2 Billion
… engine for their communities and an essential part of our food supply system. This is especially true in the Finger Lakes where sales of farm products topped $2.3 billion in 2022, leading the … countered statewide trends, seeing growth in the number of acres farmed. Access to fresh, healthy food also adds to …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-agriculture-report-reveals-economic-growth-and-challenges-facing-new-york-farms-finger-lakes