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DiNapoli: State Tax Collections Continue to Exceed Projections

… three months of the 2021-22 State Fiscal Year, according to the monthly State Cash Report released today by New York … infusion of federal aid, give the state an opportunity to improve its long-term fiscal stability and better prepare … Financial Plan Report, State Fiscal Year 2021-22 Find out how your government money is spent at Open Book New York . …

https://www.osc.ny.gov/press/releases/2021/07/dinapoli-state-tax-collections-continue-exceed-projections

DiNapoli Releases Bond Calendar for Fourth Quarter

New York State Comptroller Thomas P DiNapoli today announced a tentative schedule for the planned bond sales for the state New York City and their major public authorities during the fourth quarter of 2019

https://www.osc.ny.gov/press/releases/2019/10/dinapoli-releases-bond-calendar-fourth-quarter

DiNapoli: Read Fine Print on Gift Cards this Holiday Season

… said New Yorkers should use their gift cards within a year of purchase to avoid inactivity fees and register cards with the retailers that offer it so the owner can be identified. Money from unused gift cards issued … office as abandoned property after five years of dormancy. In State Fiscal Year 2016-17, $14.8 million from …

https://www.osc.ny.gov/press/releases/2017/11/dinapoli-read-fine-print-gift-cards-holiday-season

State Agencies Bulletin No. 2238

… All agencies with appropriations due to lapse on June 28, 2024, are affected. Background: Appropriations allocated to … on the above date and will no longer be available for payroll charges. Effective Dates: Administration paychecks …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2238-updating-payserv-chartfield-strings-june-lapsing-events

Service Diversions for Maintenance and Capital Projects

… Purpose To determine whether the MTA Long Island Rail Road (LIRR) (1) effectively managed … required 691 outage days, but there was no support for how this was determined. In addition, the actual cost for …

https://www.osc.ny.gov/state-agencies/audits/2014/03/18/service-diversions-maintenance-and-capital-projects

DiNapoli Releases April State Cash Report

… is primarily due to lower estimated personal income tax (PIT) payments as a result of weaker financial market performance in 2015 than in 2014. "April tax receipts were in line with more conservative projections … fiscal year progresses." Over the last ten years, April tax collections have averaged approximately 11 percent of …

https://www.osc.ny.gov/press/releases/2016/05/dinapoli-releases-april-state-cash-report

Selected Aspects of the All-Agency Contractor Evaluation System at Long Island Rail Road, Metro-North Railroad, New York City Transit, and Triborough Bridge and Tunnel Authority

… is monitoring and evaluating its contractors/consultants in compliance with its All-Agency Contractor Evaluation (ACE) … contracts where the same contractor is party to a new contract (either alone or in a joint venture). Issues … found in the responsibility review with the next project manager. … To determine whether the Metropolitan …

https://www.osc.ny.gov/state-agencies/audits/2022/11/16/selected-aspects-all-agency-contractor-evaluation-system-long-island-rail-road-metro-north

DiNapoli: State Tax Receipts Tracking Close to Projections Through First Half of the Year

… totaled $54.6 billion through the first six months of State Fiscal Year (SFY) 2024-25, $682.1 million higher than the state Division of the Budget (DOB) estimates in the First Quarterly Update … period in SFY 2023-24, reflecting, in part, the impact of wage and financial market growth over the course of the year. …

https://www.osc.ny.gov/press/releases/2024/10/dinapoli-state-tax-receipts-tracking-close-projections-through-first-half-year

The VendRep System

… secure application that allows vendors to enter, maintain and certify their Vendor Responsibility Questionnaire. Once the questionnaire is certified, it is available for review by the State contracting entity. Also, after the … can view the status of the contract once it’s submitted for approval to the Office of the State Comptroller. Log in …

https://www.osc.ny.gov/state-vendors/vendrep/vendrep-system

Maximizing Drug Rebates Under the Federal Medicaid Drug Rebate Program (Follow-Up)

To determine the extent of implementation of the 12 recommendations included in our initial audit report Medicaid Program Maximizing Drug Rebates Under the Federal Medicaid Drug Rebate Program Report 2021S11

https://www.osc.ny.gov/state-agencies/audits/2024/12/20/maximizing-drug-rebates-under-federal-medicaid-drug-rebate-program-follow

State Agencies Bulletin No. 2346

… that position pools and/or chartfield strings in PayServ may require updates for lapsing. Affected Employees: All agencies with appropriations due to lapse on June 30, 2025 are affected. Background: Appropriations allocated to … be successfully processed in SFS. Questions: Questions may be directed to the Payroll System Support Group at …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2346-updating-payserv-chartfield-strings-june-lapsing-events

Title IV-E Foster Care – Federal Funding and New York

… City The City’s latest projections, released in January 2025, include $299 million in Title IV-E funding in FY 2025 … 21.2 21.1 Total IV-E Funding $ 298.8 $ 295.4 Sources: NYC Office of Management and Budget; OSC analysis FIGURE 2 – Foster Care Census Sources: NYC Open Data; OSC analysis … Title IVE of the Social …

https://www.osc.ny.gov/reports/budget/fed-funding-ny/title-iv-e-foster-care

Operational Advisory No. 30

… for Refunds related to Closed Grants for the Federal Payment Management System (PMS) Guidance : Functionality now exists for electronic payment of refunds for certain closed Federal grants from the …

https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/30-electronic-refunds-us-dhhs

Accounts Payable Advisory No. 55

… – Invoice Received Date Guidance: Effective July 12, 2018, the Invoice Received Date is required for all payments to … suppliers.” Bulkload agencies are able to submit the Invoice Received Date to the SFS. However, if the Invoice Received Date is not …

https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/55-invoice-received-date

Plainview-Old Bethpage Central School District - Retiree Health Insurance (2018M-148)

… Establish a process to periodically monitor the status of all retirees and their spouses and dependents receiving …

https://www.osc.ny.gov/local-government/audits/school-district/2018/09/21/plainview-old-bethpage-central-school-district-retiree-health-insurance

Webster Public Library - Board Oversight (2018M-125)

… Audit Objective Determine whether the Board provided adequate oversight of financial operations. Key Findings The Board did not: Audit private fund claims and did not …

https://www.osc.ny.gov/local-government/audits/library/2018/09/07/webster-public-library-board-oversight-2018m-125

Comptroller DiNapoli Statement on Rosh Hashanah

New York State Comptroller Thomas P DiNapoli made the following statement on the eve of Rosh Hashanah

https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-statement-rosh-hashanah

XIV.14.I Treatment of Infrastructure Assets – XIV. Special Procedures

… and similar assets that are immovable and of value only to the State. Roads and bridges maintained by the Department … roads and bridges but will capitalize all costs that add to the capacity and efficiency of State-owned roads and … in the government-wide financial statements. Guide to Financial Operations REV. 11/03/2023 … Infrastructure …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14i-treatment-infrastructure-assets