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New York Local Government Assistance Corporation
… has fulfilled its mission and, per Section 3233 of the Public Authorities Law, its existence has been … of up to $4.7 billion in long-term Corporation bonds to finance certain local assistance payments due from the State … of the State of 2020 authorized the issuance on or before December 31, 2020, by DASNY and ESD of certain tax and …
https://www.osc.ny.gov/debt/lgacState Agencies Bulletin No. 1971
… record. An employee has only one Direct Deposit record. For employees with multiple jobs, all payroll deposits are made according to the single Direct Deposit record for all jobs. As a result of the combined records for Direct Deposit a new Locked Query has been provided. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1971-direct-deposit-guidance-and-audit-queryEmployer Annual Invoice
… . Payment of your annual invoice is due by February 1, 2025. Since February 1, 2025 falls on a Saturday, we will consider the following on … credit for their unused, unpaid sick leave at retirement. Rates Rates, often referred to as employer contribution …
https://www.osc.ny.gov/retirement/employers/employer-annual-invoiceState Comptroller DiNapoli Releases Analysis of Enacted State Budget
… actions to manage spending and generate nearly $1 billion in additional revenue this year, while providing increased … since 2015. “New York is beginning the new fiscal year in a better position than projected,” said DiNapoli. … spending cuts during the fiscal year that are authorized in the budget. The budget provides $5.4 billion in additional …
https://www.osc.ny.gov/press/releases/2019/04/state-comptroller-dinapoli-releases-analysis-enacted-state-budgetDiNapoli: Expansion of Farm-to-School Programs Depends on Innovation and Collaboration
… equity initiative focused on incorporating fresh, local, healthy foods into the daily diets of the scholars we serve … professional development in a community of practice around healthy eating and nutrition, access to information and local … to start a school garden, and in-school taste testing of healthy fruits and vegetables. As a result of this robust …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-expansion-farm-school-programs-depends-innovation-and-collaborationOpinion 95-30
… or statutory amendments that bear on the issues discussed in the opinion. MUNICIPAL FUNDS -- Deposits and Investments … POWERS AND TRUSTS LAW, §§11-2.2 and 11-2.3: Moneys held in the custody of the chief fiscal officer or other officer … or private sources, may be invested only as prescribed in General Municipal Law, §11, except that investments of …
https://www.osc.ny.gov/legal-opinions/opinion-95-30DiNapoli: Syosset Man Sentenced for Role in $12 Million Ponzi Scheme
… ventures and pay for his own personal expenses,” said DA Donnelly. “I am grateful to my prosecutors for ensuring … investors will pay a heavy price for their crimes.” DA Donnelly said that beginning in January 2015, an elderly …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-syosset-man-sentenced-role-12-million-ponzi-schemeDiNapoli Urges NYC to Continue to Prepare for Shifting Fiscal Landscape
… budget is expected to drop by 9.4% to $101.1 billion in Fiscal Year (FY) 2023 amid lower tax revenue and a decline in federal aid. The city also faces sustained challenges from … a possible recession, federal monetary policy and turmoil in the financial markets, according to a report on the …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-urges-nyc-continue-prepare-shifting-fiscal-landscapeDiNapoli: Former Hempstead School Official and Local Restauranteur Indicted in Kickback Scheme
… Internal Revenue Service-Criminal Investigation, New York; and Anne T. Donnelly, Nassau County District Attorney announced today the arrest and federal indictment of Sharon Gardner, the former Director … for the Hempstead Union Free School District (HUFSD), and Maria Caliendo, the owner of food service providers Smart …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-hempstead-school-official-and-local-restauranteur-indicted-kickback-schemeState Comptroller DiNapoli Releases Audits
… – Mental Health Education, Supports, and Services in Schools (Follow-Up) (2023-F-34) The New York Education … awareness training for school staff and ready access to in-school mental health supports and services for all students. A prior audit report, issued in August 2022, found that the New York City Department of …
https://www.osc.ny.gov/press/releases/2024/05/state-comptroller-dinapoli-releases-auditsDiNapoli: Former Mahopac VFD Treasurer Sentenced After $5.6 Million Embezzlement
… or BEEC that sold firefighting equipment or services used by fire departments. To satisfy the MVFD’s auditors, … than 275 checks over a period of more than 13 years. He used the money to purchase, among other things, a 37-foot Thunderbird Formula boat; a 29-foot Everglades boat; a 55-foot Neptunus motor …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-former-mahopac-vfd-treasurer-sentenced-after-56-million-embezzlementImplications for the Future – 2021 Financial Condition Report
… approximately 3.3 percent of General Fund spending. These funds were insufficient in the face of a $14 billion gap … to the rainy-day reserves to begin increasing these funds to at least 10 percent of General Fund receipts …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s Office is … Rates: New York City and New York State Unemployment rates for New York State, New York City and the balance of the … As shown in the chart below, the average unemployment rate for the balance of the State, excluding New York City, …
https://www.osc.ny.gov/reports/covid-19-february-3-2021SUNY Bulletin No. SU-357
… (SEVIS) payments using the Scholarship (SCL) company in PayServ. Affected Employees: SUNY nonresident alien … and J-1 visa Exchange Visitor Program participants. In 2004, Congress mandated all nonimmigrant students and … income tax treaty rate on nonresident aliens temporarily in the United States on “F,” “J,” “M”, or “Q” …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-357-suny-nra-sevis-fee-reimbursementOpinion 88-77
… to determine whether it contains any pertinent provisions. We note that codes of ethics must, among other things, … of Tuxedo , 69 AD2d 320, 418 NYS2d 638). In this regard, we note that the school district has contributed funds to the …
https://www.osc.ny.gov/legal-opinions/opinion-88-77Oversight of the Nourish New York Program
… to purchase non-New York food products. Key Findings We found both agencies should strengthen controls to ensure … were allowable and therefore used to support Nourish NY. We identified 571 purchases from 42 vendors, totaling …
https://www.osc.ny.gov/state-agencies/audits/2023/09/21/oversight-nourish-new-york-programState Comptroller DiNapoli Releases School Audits
… officials did not secure access to online banking. In addition to sensitive information technology (IT) control … The district also borrowed project funds early, resulting in about $89,000 in unnecessary additional interest costs, and paid claims …
https://www.osc.ny.gov/press/releases/2022/12/state-comptroller-dinapoli-releases-school-auditsMotor Vehicle Theft and Insurance Fraud Prevention Program
… revenues received by and expenditures made from the Motor Vehicle Theft and Insurance Fraud Prevention Fund and from any other source for purposes of the Motor Vehicle Theft and Insurance Fraud Prevention Demonstration … revenues received by and expenditures made from the Motor Vehicle Theft and Insurance Fraud Prevention Fund and from …
https://www.osc.ny.gov/state-agencies/audits/2024/04/11/motor-vehicle-theft-and-insurance-fraud-prevention-program2023 Corporate Governance Stewardship Report
Our Corporate Governance Program works to help protect the New York State Common Retirement Fund’s long-term value by exercising prudent stewardship of our portfolio by engaging with the public companies we invest in on key environmental, social, and governance issues that have a financial impact.
https://www.osc.ny.gov/files/reports/special-topics/pdf/2023-corporate-governance-stewardship-report.pdfChild Care Stabilization Grants (2022-S-44)
To determine whether the Office of Children and Family Services has established and maintained adequate internal controls to enable it to oversee and monitor child care stabilization grantees to ensure proper use of child care stabilization grant funds; and to determine whether the grants met ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/2022-S-44.pdf