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Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his office completed an audit of the Town of … Lake , Village of Shortsville and Village of Suffern . “In today’s fiscal climate, budget transparency and … adopted budget are reasonable. The board has also adopted rate increases of approximately 5 percent in water and sewer …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-municipal-audits-2DiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… over $2 billion higher than forecast by the Division of the Budget (DOB) in the most recent financial plan, … Tax (PIT) receipts resulting from lower middle-class tax rates and lower payments related to tax year 2022 annual … Year 2024-25 accounts for such risk.” Tax Collection Comparison (Billions of $) PIT collections totaled $53.8 …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24Comptroller DiNapoli Releases School Audits
… District and the Three Village Central School District . “In an era of limited resources and increased accountability, … entries were made for interfund loans on fund ledgers. In addition, the district did not always pay employees at the … was created by Comptroller DiNapoli to promote openness in government and provide taxpayers with better access to the …
https://www.osc.ny.gov/press/releases/2016/01/comptroller-dinapoli-releases-school-audits-0DiNapoli: State Pension Fund Adds Another $20 Million to Investing in New York Program
… The New York State Common Retirement Fund (Fund) has committed …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-state-pension-fund-adds-another-20-million-investing-new-york-programState Comptroller DiNapoli Releases Audits
… expanded opportunities for industrial hemp production in the state. However, the department does not always follow … The department inspected only 57 percent of growers in the program and tested plant THC levels for only 58 … of Train Crews (Follow-Up) (2019-F-18) An audit released in March 2018 found that SIR was not in compliance with the …
https://www.osc.ny.gov/press/releases/2019/12/state-comptroller-dinapoli-releases-audits-0DiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
New York State Comptroller Thomas P DiNapoli announced the New York State and Local Retirement System NYSLRS employer contribution rates will decrease for fiscal year 201617 and the assumed rate of return for NYSLRS will be lowered from 75 percent to 7 percent
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnDiNapoli: MTA Financial Outlook Improved
… “The MTA has used an unexpected windfall to invest in its capital program and increase services and … position for the future. Because fares have soared in recent years, a time when many riders could least afford … The MTA plans to raise fares and tolls by 4 percent in 2017 and by another 4 percent in 2019, slightly less than …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-mta-financial-outlook-improvedDiNapoli: Economic and Tax Collection Growth Slowing in New York City
… economic growth and conservative tax revenue forecasts in recent years,”DiNapoli said. “While the city’s economy is … and the City Council for increasing the city’s reserves in recent years.” Nationwide job growth during the first half … any year since 2010. The U.S. economy grew by 2.6 percent in 2015, but most economists expect growth to slow to less …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityDiNapoli: Employment Services System for New Yorkers with Disabilities Is Underutilized
… improve competitive employment opportunities and outcomes for people with disabilities. It is disappointing that this … the inequities and barriers they face when they look for employment.” There are approximately 1 million … however, are employed, compared to the 74% employment rate for working-age adults statewide. In addition to increased …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-employment-services-system-new-yorkers-disabilities-underutilizedDiNapoli Releases Economic Report on the Bronx
… Sector, Second Quarter 2019 to Second Quarter 2020 Sector Number of Jobs in 2019 Q2 Number of Jobs in 2020 Q2 Percent Change Health Care 70,200 …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-releases-economic-report-bronxEast Irondequoit Central School District - Financial Management (2019M-28)
… by not using $3.7 million in appropriated fund balance as a financing source, improperly booking $3.6 million in encumbrances and improperly reserving $7.7 million for debt service. Recalculated surplus fund balance exceeded … planned to implement some of our recommendations. Appendix B includes our comments on issues raised in the District’s …
https://www.osc.ny.gov/local-government/audits/school-district/2019/10/18/east-irondequoit-central-school-district-financial-management-2019m-28Employer E-News Archive — 2024
… on Time Set Up Your Enhanced Reporting Transition Plan Today More Than 2,100 Employers Have Already Made the Switch … Set Up Your Enhanced Reporting Transition Plan Today More Than 2,100 Employers Have Already Made the Switch … Are Current Set Up Your Enhanced Reporting Transition Plan Today More Than 2,000 Employers Have Already Made the Switch …
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2024Rate Chart - Oiler, Stationery Engineer & Sr. Stationery Engineer
Attachment from Payroll Bulletin No. CU-365
https://www.osc.ny.gov/files/state-agencies/payroll-bulletins/pdf/cuny-365-attachment.pdfNew York’s Economy and Finances in the COVID-19 Era
… Shrinking Labor Force Drives New York State’s Unemployment Rate Below 10% New York State’s unemployment rate dropped to 9.7 percent in September, marking the first …
https://www.osc.ny.gov/reports/covid-19-october-28-2020State Comptroller DiNapoli Releases Audits
… comply with the tax law and that the state receives all monies to which it is entitled. In particular, the … department does not have adequate controls to ensure that all eligible providers supplying services in the state collect, report, and remit the surcharges for all eligible devices to the department. … New York State …
https://www.osc.ny.gov/press/releases/2017/10/state-comptroller-dinapoli-releases-audits-0NYC Budget Is Balanced but Risks Are Growing
… is balanced, but there are risks, including proposed drops in state assistance, potential federal budget cuts and slower … and Mayor de Blasio’s efforts to find additional savings in the budget are prudent.” The city added a total of 820,400 … 2009 and 2018, the largest and longest job expansion in the post-World War II period. In 2018, 86,600 jobs were …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingDiNapoli: NYC Projects Surplus in the Current Year but Faces Budget Risks in the Years Ahead
… but the gaps projected for fiscal years 2021 and 2022 have grown to $3.5 billion and $3.4 billion, respectively. … Other risks include: The city's pension fund earnings have been disappointing so far in the current fiscal year and … City Housing Authority and the Health and Hospitals Corp. have become more dependent on the city. Both continue to face …
https://www.osc.ny.gov/press/releases/2018/12/dinapoli-nyc-projects-surplus-current-year-faces-budget-risks-years-aheadDiNapoli: State Pension Fund Value $194.3 Billion
… actuarial assumptions, including wage growth, inflation, age of retirement and mortality. Contribution rates are …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionDiNapoli: Central New York Economy Slowly Improving
… “Although many of the region’s longtime manufacturing jobs have disappeared, the health care, professional and technical … certain segments of the sector are doing better and have either recently grown or are poised to do so in the next … (milk, yogurt, cheese, fruit and vegetable products) have also been locating or expanding in the region, and …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-central-new-york-economy-slowly-improvingDiNapoli Op-Ed in Times Union: NY Needs an Independent Commission to Review State's COVID Response
… op-ed from New York State Comptroller Thomas P. DiNapoli today on the shortcomings of the Olson Group’s COVID-19 … data, stating, “New York’s poor performance, with a rate of 70.9 deaths per 1,000 nursing home residents, ranked … on this more accurate data, New York’s nursing home death rate was nearly double at 135 per 1,000 residents, ranking us …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-op-ed-times-union-ny-needs-independent-commission-review-states-covid-response