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XII.5.E Processing Vouchers Against a Purchase Order – XII. Expenditures
… System (SFS). When a Business Unit receives a paper invoice from a vendor for goods or services provided based on … order to liquidate the funds encumbered. Each electronic invoice submitted by a vendor must reference a purchase order … voucher in the Accounts Payable module from the electronic invoice. When the voucher is processed it will liquidate the …
https://www.osc.ny.gov/state-agencies/chapter-xii/xii5e-processing-vouchers-against-purchase-orderDiNapoli Urges Focus on Addressing Rural Challenges
… force, as well as challenges with housing availability and access to health care, food and broadband. The counties selected as … 2011 and 2021 the population of the state grew by 4.2%, gaining 812,297 people, but the rural counties examined …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-urges-focus-addressing-rural-challengesDiNapoli: $2.9 Billion Hole Threatens MTA’s Capital Program
… 2024. The slow return of subway ridership is predominantly in the outer boroughs, while major transit hubs continue to … longer afford to pay for the debt service on $9.8 billion in debt it had planned to issue for the transit and commuter … will move forward with the most ambitious capital program in its history, which it has barely been able to start, while …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-29-billion-hole-threatens-mtas-capital-programDiNapoli: MTA Needs To Do More To Increase Procurement Efficiencies and Save Money
… (PO), Material Management and Distribution, Supply Chain Strategy, and Rolling Stock Strategy. As of May 2022, MTA had approximately 1,050 … Function was supposed to implement a Category Management Strategy but did not change its procedures or most of its …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-mta-needs-do-more-increase-procurement-efficiencies-and-save-moneyCost-Saving Ideas: Evaluate the Efficiency of Your Water Delivery System
… Establishing an effective water accounting system is a necessary first step in controlling water losses and reducing water system costs. The Federal Environmental Protection … CostSaving Ideas Evaluate the Efficiency of Your Water Delivery System …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-evaluate-efficiency-your-water-delivery-systemCost-Saving Ideas: Monitoring Health Insurance Premiums for Retirees
… districts, employees have the option to receive health insurance coverage after retirement. Among other things, the … retiree dies. required to contribute to the health insurance coverage costs. offered subsidized health insurance costs by allowing the retiree to buy coverage at …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-monitoring-health-insurance-premiums-retireesDiNapoli: Financial Viability of OTBs in Jeopardy
… DiNapoli. “Statutory payment requirements, a downturn in racing interest and major fee increases have each contributed … auditors found the total amount wagered on horse racing, also known as the handle, for these OTBs was $3.7 … contracts, visit Open Book New York . The easy-to-use website was created by DiNapoli to promote openness in …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-financial-viability-otbs-jeopardyDiNapoli: Organic Farms Growing in New York
… ranked third nationwide in the number of certified organic farms, according to a report released today by State … in both sales, at $93.6 million, and in the number of farms, at 402, according to the U.S. Department of … Vermont and Maine. As of 2015, 934 certified organic farms were operating across the state. New York rated fourth …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-organic-farms-growing-new-yorkDiNapoli: 90 School Districts in Fiscal Stress
… The second round of scoring designated 10 school districts in “significant fiscal stress,” 27 in “moderate fiscal … (Niagara); West Seneca Central School District (Erie); Hempstead Union Free School District (Nassau); and the … with the State Education Department, as of Dec. 31, 2014. Today’s announcement does not include scores for the …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-90-school-districts-fiscal-stressWall Street Bonuses Went Up In 2013
… by compensation deferred from prior years. “Wall Street navigated through some rough patches last year and had … costly legal settlements and higher interest rates. Wall Street continues to demonstrate resilience as it evolves in a … New York state, which depends more heavily on Wall Street revenues than the city does, collected $10.3 billion …
https://www.osc.ny.gov/press/releases/2014/03/wall-street-bonuses-went-2013DiNapoli: Tax Cap Set at 2% in 2024
… third consecutive year," DiNapoli said. “Although the rate of inflation has begun to decrease, it still poses a … well above the 2% allowable levy increase, and indicative of the higher costs facing these localities. The tax cap, … districts in 2012, limits annual tax levy increases to the lesser of the rate of inflation or 2% with certain exceptions …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-tax-cap-set-2-percent-2024Comptroller DiNapoli: Positive Financial Indicators in Middletown
… budget trends have created a healthy outlook for the city of Middletown, according to a report issued today by State Comptroller Thomas P. DiNapoli. The report is part of DiNapoli’s fiscal stress initiative and is the latest in a series of fiscal profiles on municipalities across the state. “The …
https://www.osc.ny.gov/press/releases/2014/05/comptroller-dinapoli-positive-financial-indicators-middletownDiNapoli: 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 … that were classified in “significant stress” were: Hempstead (Nassau) and Wyandanch (Suffolk). The nine … Utica (Oneida). According to a report released by DiNapoli today in conjunction with the fiscal stress scores, school …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-59-school-districts-fiscal-stressDiNapoli: Tax Cap Set at 2% in 2023
… Property tax levy growth will again be capped at 2% for 2023 for local … State Comptroller Thomas P. DiNapoli. This figure affects tax cap calculations for all counties, towns, and fire … as well as 44 cities and 13 villages. "Allowable tax levy growth will be limited to two percent for a second …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-tax-cap-set-2-percent-2023XVI.3.C State Funds Included in the ACFR – XVI. Financial Reporting
… Policy References: Article 6 of the State Finance Law requires the Comptroller to classify … Preparation: The following is a comprehensive list of those funds included in the New York State reporting entity, organized under GAAP*, as of April 1, 2024: * For a listing of funds under the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3c-state-funds-included-cafrLocal Road Conditions in New York State
… costs. The New York State Department of Transportation (DOT) has recently begun to collect data on the conditions of …
https://www.osc.ny.gov/local-government/local-road-conditions-new-york-stateDiNapoli: Drastic State Revenue Shortfall in April
… According to the monthly cash report released today by State Comptroller Thomas P. DiNapoli, significant revenue declines occurred for New York in April as a result of the COVID-19 pandemic … reductions or other options. Other items of note in the report: On an all governmental funds basis, PIT collections …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-drastic-state-revenue-shortfall-aprilOversight of Mental Health Education in Schools
… Objectives To determine what steps the State Education Department (Department) is taking to ensure that school districts have the necessary mental health education in place as required by law. We also sought to … To determine what steps the State Education Department is taking to ensure that school …
https://www.osc.ny.gov/state-agencies/audits/2022/04/11/oversight-mental-health-education-schoolsSelected State Agencies’ Roles in Financial Literacy
… To determine selected State agencies’ roles in providing financial literacy offerings, including how they identify and … gains in individuals’ knowledge after participating in financial literacy offerings. We also sought to determine … what data these agencies use to evaluate and improve financial literacy offerings. The agencies we selected were …
https://www.osc.ny.gov/state-agencies/audits/2022/09/14/selected-state-agencies-roles-financial-literacyDiNapoli Op-Ed in Crain's New York Business
… Crain’s New York Business published an op-ed from New York State Comptroller Thomas P. DiNapoli today on the need for greater transparency and accountability in … Yorkers Getting From Federal Covid Relief Funds? The new state budget reflects robust tax revenue growth and an …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-op-ed-crains-new-york-business